Strategic Value Partners, currently based on 80 Field Point Rd.here, has signed a multi-year lease to occupy approximately 40,000sf of space at the 150,000-sf building, reports Antares InvestmentPartners, which purchased the complex in February for $130 millionfrom UST.

UST will be vacating the building in September. Soon thereafterAntares expects to begin a nearly $30-million renovation program atthe property. The renovations are expected to take six months tocomplete and the building will be ready for occupancy in early2008. Stephen M. Banker, managing principal of Newmark KnightFrank's Greenwich office, represented Strategic Value Partners inthe transaction.

Antares reports it has hired New York City-based Perkins Eastmanto lead the redesign effort for the property. "We are thrilled thatSVP has chosen to relocate from its current headquarters inGreenwich to begin its next chapter of growth," says John Wheeler,president of corporate acquisitions at Antares. "100 W. Putnam willprovide a ready-built environment that will accommodate the firm'sunique infrastructure requirements, provide its clients and staffwith a sophisticated office complex that is rich with amenities,steps from Greenwich Avenue and only a short train ride intoManhattan."