News: Retail

SCRE represents LMC in two anchor leases totaling 13,167 s/f

885 Washington Boulevard - Stamford, CT

Stamford, CT Saugatuck Commercial Real Estate (SCRE) represented the developer, Quarterra/Lennar MultiFamily Companies (LMC), in leasing two anchor retail spaces in “sister” luxury mixed-use developments in Stamford and White Plains, NY. Fidelity Brokerage Services leased 7,490 s/f at The Smyth, 885 Washington Blvd. in Stamford. Citibank N.A. signed a lease for 5,677 s/f at The Mitchell, 131 Mamaroneck Ave. in White Plains, NY. The two leases total approximately 50% of the retail space available across both developments.

Penny Wickey and Daniel Neaton of SCRE represented Quarterra/LMC in both transactions. Colleen Quinn of Quinn Commercial Properties, LLC represented Fidelity Brokerage Services at The Smyth. Daniel Richman of SRS Real Estate Partners – Northeast, LLC represented Citibank N.A. at The Mitchell. Both financial institutions anticipate opening in the second quarter of 2023.

Tags: Retail
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