CBRE Appointed Exclusive Leasing Agent for Prestigious Two-Building Office Complex in Stamford, CT and Announces Webster Bank Expands Their Footprint

CBRE announced today it has been appointed the exclusive leasing agent at 200 Elm Street and 695 East Main, a 560,000 sq. ft. transit-oriented, two-building office complex in Stamford, CT boasting world-class architecture recently acquired by A.M. Property Holdings. Additionally, Webster Bank, a current tenant at the property, extended their lease and expanded their headquarters footprint by 23,031 sq. ft. and now occupy a total of 45,979 sq. ft. Webster Bank was represented by Drew Saunders and Ed Tonnessen in the Stamford, CT office of JLL.

Ownership is inheriting a $75 million multi-phased redevelopment of the entire property and will further develop the asset by engaging the interior courtyard along with service enhancements as well as rigorously pursuing sustainability and environmental initiatives. Lastly, a branding refresh will take place and the complex will be called The Link as ownership’s goals are to link the workforce located at the building with a world-class working environment.

The CBRE team of Brian Carcaterra, Sheera Riemer, Steven Greenbush and Joe Weaver spearhead the leasing campaign at the property.

“We are excited to be marketing this truly iconic asset in the heart of the Stamford Central Business District. Never in history has Stamford been a better place to live, work and play and The Link is surrounded by all of the excitement of Harbor Point and the influx of new residents during these last two years. With the recently concluded expansion and extension for Webster Bank, we are accelerating through our strategy and are hyper focused on leasing the remaining balance of space,” said Mr. Carcaterra.

Nathan Wasserman, President of AM Property Holding Group further confirmed that, “Ownership is committed to creating a truly amazing work environment that is like no other in Stamford that offers tenants a plethora of amenities that are geared towards health, wellness, sustainability and safety as employees return to work.”

The Link currently offers 83,902 sq. ft. of available Class A office space units ranging from 3,700 sq. ft. to 52,000 sq. ft. Among its many amenities, the complex boasts a full fitness center and spa, a state-of -the-art conference facility, a cafeteria with indoor and outdoor dining which also contains sophisticated technology infrastructure which can accommodate large conferences and town halls, a free private shuttle to the Stamford Transportation Center for access to Metro-North and Amtrak/Acela trains, four levels of covered parking, and a two-acre outdoor area.

"Webster is pleased to have 200 Elm as our new corporate headquarters and taking additional space. This will allow us to continue to grow in one of Stamford's premium downtown buildings," stated Michael O'Connor, Webster’s Regional President and Director of Corporate Services.

A.M. Property Holdings has been in the real estate investment industry close to 40 years. It currently operates approximately 2.5 million sq. ft. of office space in Manhattan, and the tri-state area. They focus on obtaining assets that are or can be made best-in-class properties and enhancing them further in order to satisfy the highest and most demanding clientele and curating an outstanding tenancy.