200 Elm St., Stamford, CT

STAMFORD, CT—Webster Bank has signed a 25,000 square-foot lease deal at Building and Land Technology's 200 Elm St. office building in downtown Stamford. The transaction continues the intense leasing volume at the property that has produced more than 250,000 square feet in leases in the last 18 months.

The Waterbury, CT-based bank is expanding its Stamford presence with the lease deal. Webster has branch locations at 2 Stamford Plaza and 760 Washington Blvd. as well as a number of walk-up ATM locations, according to its website. The bank, which was represented by JLL's Ed Tonnessen, will be moving into its space at 200 Elm this summer.

The 200 Elm St. and adjoining 695 E. Main St. make up the former headquarters buildings of General Re. BLT acquired the complex in 2012 and undertook an extensive renovation program at the property. The complex totals nearly 557,000 square feet and according to its website has approximately 187,000 square feet available for lease.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.