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.

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John Jordan

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