Press

August 15, 2006
The Marino Organization
Antares Establishes 26,541 Square-Foot Operations Center in Stamford
By: Julia Winkler

GREENWICH, CT - August 15, 2006: Antares Investment Partners, LLC, a real estate development and management firm founded ten years ago in Greenwich, is expanding its operations into Stamford by leasing 26,541 square feet at the Stamford Harbor Park office complex.

The company will maintain a significant presence in Greenwich by retaining its fully staffed financial investment division at 52 Mason Street. The company's Greenwich contingent also includes' on-site management teams in Greenwich at the Greenwich Place and Greenwich Oaks, two luxury residential complexes purchased by Antares in February in one of the largest real estate transactions in state history.

In addition to housing a number of corporate activities, Antares' Stamford office will also serve as the base of operations for a project team undertaking the 82-acre, $2 billion master planned development of Stamford's South End, one of the most extensive development projects now underway in the United States.

"Antares is proud to retain our historic commitment to Greenwich," said James P. Cabrera, principal of Antares. "At the same time, our additional office in Stamford reinforces our belief in the promising future of the city's South End."

"Antares will now house a large portion of our operations in Stamford," said Antares principal Joseph Beninati. "At the same time, we will keep our vibrant investment group in Greenwich, where Antares is undertaking two major condominium conversions and where additional luxury residential development is now underway."

"We are proud of this growing firm's Greenwich pedigree," said Town of Greenwich First Selectman Jim Lash. "As this outstanding, homegrown company expands to new horizons, Antares Investment Partners will maintain a high profile here in Greenwich through its investment division and also through its many outstanding properties."

"We are thrilled that Antares Investment Partners has chosen to expand its operations onto the Stamford waterfront, where this world-class development firm will soon help write an exciting new chapter in the history of our city," said Stamford Mayor Dannel P. Malloy. "In a few short years, this large, underutilized tract will be transformed into a dynamic, mixed-use neighborhood that is certain to rejuvenate Stamford's South End for many, many decades to come."

Antares will sublease the entire, 26,541-square-foot eighth floor of the north tower of Stamford Harbor Park, a 400,000-square-foot, premier office complex on Stamford Harbor. The company will sublease space from Nyfix, a technology firm, for an eight-and-a-half-year period. Ted Lane, Antares' senior vice president of acquisitions and leasing, represented Antares in the transaction, which takes effect October 1.

"This is one of the largest office leases in Stamford this year, and the additional space will accommodate the firm's significant growth," said Mr. Lane. "The new Antares operations center is situated in a prestigious office building located on the Stamford waterfront, a district that itself will soon be transformed by the Antares redevelopment initiative." Antares officials noted that two internationally recognized firms, Cooper, Robertson & Partners of New York and Sasaki Associates Inc. of Boston, were recently chosen as the South End project's master planners.

About Antares Investment Partners
Antares is a leader in a full range of real estate assets, projects and services. The firm manages a multi-asset and multi-project real estate portfolio valued at approximately $4.5 billion and was founded by Joseph Beninati and James P. Cabrera in 1996. Using a vertically integrated business model, Antares develops, designs, entitles, builds, owns, sells and manages a broad range of luxury and ultra-luxury assets. Antares' capital partners are many of the world's leading financial firms, private equity funds, university and state endowments, and entrepreneurial investors.

Antares' projects and assets are primarily located in Fairfield and Westchester Counties. In Greenwich, Antares' Real Estate Division develops museum-quality residences on large, back-country properties. Its commercial and hospitality divisions own prominent assets such as Pickwick Plaza, considered the country's finest suburban office complex, and The Delamar Greenwich Harbor Hotel, a luxury waterfront hotel. In Westchester, Antares residential assets include CiderMill, an exclusive, gated community, and Armonk Square, essentially the "new town center" which will include luxury condominiums and retail shops, as well as serve the community of Armonk. In Stamford, Antares is leading a major revitalization of Stamford's South End with a waterfront land assemblage totaling 82 acres. This master-planned, city on the water is being designed and will be one of the largest and most exciting mixed-use developments in the United States.

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