Search
 

Developer in Talks to Get Building Started

STAMFORD, CT- With office availability rates well below 10% in downtown Stamford, several developers are aggressively marketing sites for build-to-suit deals.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

David Friedman, northeast regional vice president for the Louis Dreyfus Property Group, says that the company is in discussions with two potential tenants that would lease a total of 300,000 sf of space at the 23-story, 574,000-sf Connecticut Place building.

“We are hopeful that we will be able to snag them in the next month or so,” Friedman notes. The company recently began demolition of 24 Richmond Hill Ave., a 66,000-sf building that stood at the site of the future Connecticut Place property.

The development is a joint venture of Louis Dreyfus Property Group and the Apollo Real Estate Investment Fund.

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

Once you are an ALM digital member, you’ll receive:

  • 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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.