AG Semiconductor Services Signs Lease At High Ridge Park In Stamford
16 Feb, 2007, Stamford, CT
583,000 sf property reaches above 80% occupancy in under two years
Cushman & Wakefield, exclusive leasing agent to High Ridge Park Corporate Center in Stamford, announced today that AG Semiconductor Services will relocate to the 583,000-sf complex.
AG Semiconductor Services leased approximately 2,000 sf and will occupy space on the first floor of Building 4. The company will move from another Stamford location in March 2007.
More than 200,000 sf of transactions were executed at the six-building, Class-A complex in 2006. In the fourth quarter of 2006, leases were signed by UST, Inc., MeadWestvaco, Marquardt & Roche, Lornamead, Esselte, TNS, Vision LP and Shields Associates. The property, which has undergone major multi-million dollar interior and exterior renovations, is now at an 80% occupancy level.
Cushman & Wakefield’s Stuart Romanoff, executive vice president, Stephen Baker, senior director, Christopher O’Callaghan, senior director, and Adam Klimek, associate, serve as the leasing team representing the property owner, George Comfort & Sons, a New York City-based, privately owned real state investment and management firm, and Angelo, Gordon & Co.’s Core Plus Fund.
“High Ridge Park has seen enormous leasing activity in the last several months,” said Mr. Baker. “Tenants are thrilled with the property renovations, amenities and environment, which is absolutely conducive to business.”
We have received an overwhelming response from the market regarding the work completed at High Ridge Park,” said Peter S. Duncan, president and CEO of George Comfort & Sons.”We expect the momentum to continue enabling us to be fully leased in a very short time period.”
Completed exterior redesigns at High Ridge Park consist of the replacement of existing landscaping, extensive renovations to base-building infrastructures (HVAC, mechanical equipment), and the installation of a new lighting system to enhance illumination in the parking areas and driveways. In addition, new façades and window installations in Buildings 4 and 5, and new plaza for Building 6 were also completed.
Completed interior renovations include a new cafeteria with catering and delivery services, completely redesigned lobbies in Buildings 4 and 5, a newly refurbished fitness center and a new tenant conference center.&
Additional tenant amenities include an express bus to the train station, a pond with fountains and picnic areas, a car-detailing facility, dry cleaning drop-off/delivery and Bright Horizons childcare center. Situated on 40 acres, the property is located off High Ridge Road (Route 137) and Exit 35 on the Merritt Parkway (Route 15) and is just four miles north of downtown Stamford and the Stamford Transportation Center.
The tenant roster at High Ridge Park also includes Walker Digital, Citizens Communications and TNS, as well as a host of financial services firms, hedge funds, and private companies.
George Comfort & Sons owns and/or manages more than nine million sf of office properties in the New York Metropolitan area, Washington DC, Beverly Hills, CA and in other locations around the country.
Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 195 offices in 55 countries around the globe, and 11,000 talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133, or visit the firm’s Web site at www.cushmanwakefield.com.
XM Communications -- Public Relations & Marketing
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