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677 Washington Blvd. Stamford CT Credit Conway+Partners

Philip Morris Backfills Long-Vacant UBS Space in Stamford

George Comfort & Sons, Inc. has secured lease agreements totaling 120,237 square feet completed at 677 Washington Blvd. in downtown Stamford, CT. The three-building complex, which was completely empty three years ago when UBS vacated, is now 95% leased. 

In the largest of the transactions, Philip Morris International has signed a 12-year lease for 71,484 square feet, encompassing the entire 11th and 12th floors. The company is relocating its headquarters from 120 Park Ave. in Midtown Manhattan and plans to take occupancy at 677 Washington Boulevard in late 2022. 

In other activity at the property, XL Global Services, Inc. has signed an 11-year lease for a 21,879-square-foot portion of the 10th floor. Growth equity investor General Atlantic has expanded its planned presence to a total of 21,879 square feet. Finally, Sandbrook Capital LLC signed a 10-year lease for 4,995 square feet. 

Photo credit: Conway + Partners.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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