STAMFORD, Conn., Nov. 28, 2017 /PRNewswire/ — Tudor Investment Corporation (“Tudor), a privately-owned investment management company, has leased 24,000 square feet of office space at 200 Elm Street, a Class A office property located in downtown Stamford CT, owned by Building and Land Technology (BLT). Tudor will be occupying space in the B wing of the 200 Elm Street building. Tudor is expected to move in to the property in April 2018.
Leasing volume at 200 Elm has remained strong over the last year. In addition to this new lease with Tudor, Henkel Consumer Goods Inc. signed an approximately 155,000 square-foot lease at 200 Elm and RSM, a leading provider of audit, tax and consulting services, secured a 27,800-square-foot lease at the property.
“There’s a growing excitement about Downtown Stamford right now,” said Carl R. Kuehner, III, CEO of BLT. “As the city continues its overall revitalization, the Stamford office market has also strengthened as evidenced by the robust leasing momentum at 200 Elm Street. We’re pleased to welcome Tudor to its new headquarters and we believe there is more activity to come for both the Stamford market and 200 Elm Street as the city’s transformation continues.”
Mike Riccardi, President of Tudor, said “We’re very excited about our upcoming move to 200 Elm Street in downtown Stamford. It’s a great building and the location boasts urban amenities and easy travel access between here and our New York City office at Astor Place. We are well underway with plans for a state-of-the-art trading floor at the newly-renovated and modern Elm Street complex.”
Brian Carcaterra of CBRE Connecticut represented Tudor in the transaction.
200 Elm is the sister building to 695 East Main, the renovated and reconfigured Class A office complex that formerly housed the headquarters of Gen Re. After acquiring the property in 2012, BLT completed a multi-million-dollar renovation, transforming the vacant corporate property into a fully modernized pair of office buildings with distinct addresses and identities.
The two interconnected buildings are surrounded by a private landscaped courtyard and first class shared amenities. Deloitte anchors 695 East Main Street, the Clock Tower Building, where they occupy the majority of the building. 200 Elm Street boasts a spectacular new 4-story atrium grand entrance, modernized elevators, new roofs, new bathrooms, new large conference facility and collaboration areas. Amenities include a full-service café with grand rotunda seating area, outdoor central courtyard, full service fitness center managed by Exhale Spa, manned security stations with surveillance, control gates and card key access 24/7/365. 200 Elm/695 E. Main are near the Stamford Transportation Center and adjacent to I-95, convenient for all commuters, and walking distance to shopping centers, hotel and restaurants. Complimentary Trolley service is offered to the Stamford Train Station, Harbor Point and Downtown Stamford. Electric car chargers are available in the parking garage.
About Building and Land Technology
Building and Land Technology (BLT), founded in 1982, is a privately held real estate developer, manager and private equity firm. BLT is vertically integrated and has invested in, developed, owned and managed in excess of 25 million square feet of commercial, hotel and residential properties across 26 states. BLT is also the largest franchisee of Sotheby’s residential real estate brokerage, with 28 offices and 1,000+/- real estate agents. To learn more about BLT visit http://www.bltoffice.com.
About Tudor Investment Corporation
The Tudor Group (“Tudor”) is a privately owned group of affiliated companies engaged in the investment management of client and proprietary assets. Paul Tudor Jones II formed Tudor Investment Corporation, the first of the Tudor Group companies, in 1980. Tudor is active in the global fixed income, currency, equity and commodity markets for an international clientele. Tudor is headquartered in Connecticut with additional offices in New York, London, Singapore and Australia.
SOURCE Building and Land Technology