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September 27, 2007 GREENWICH, CT - Now that US Tobacco has officially moved to new headquarters space to 6 High Ridge Rd. in Stamford earlier this month, building owner Antares Investment Partners reports that the former UST headquarters at 100 W. Putnam Ave. is 70% pre-leased. "In the two months since we began marketing the building, we have leased 70% of the space and demand remains strong for the remaining space," says John V. Wheeler, president of affiliate Antares' Acquisitions. "We are excited to work with 100 West Putnam's tenants--successful and world-renowned hedge funds and securities firms--to support their business growth." In July Antares announced that Strategic Value Partners, currently based at 80 Field Point Road in Greenwich, had signed a multi-year lease for approximately 40,000 sf of space at the 150,000-sf building. Antares would only say that a local financial securities firm recently signed a multi-year lease for 60,000-sf at the building. Local sources indicate that the firm is Plainfield Asset Management Inc., which currently employs more than 100 workers at its offices at 55 Railroad Ave. Antares officials had no comment on the identity of its tenant. An official with Plainfield Asset Management also offered no comment on those reports. Antares is in the midst of a $30-million renovation program at the 100 West Putnam Ave. building that includes the creation of a new four-story glass atrium lobby. Other planned amenities include an onsite bistro, executive fitness and spa facilities and redesigned landscaping. The renovations are expected to be complete in six months and the building will be ready for occupancy by early 2008, Antares officials say. |
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