OdysseyRe Renews Stamford HQ Lease
Empire State Realty Trust, Inc. (ESRT) renewed Odyssey Reinsurance Company’s 89,000-square-foot headquarters lease at First Stamford Place in Stamford, CT. The tenant is one of the world’s leading providers of reinsurance and specialty insurance.
ESRT’s Jeffrey H. Newman says, “Odyssey Reinsurance continues to value First Stamford Place’s campus amenities, services and proximity to mass transit.”
Cushman & Wakefield’s Patrick Murphy, formerly with CBRE, and CBRE’s Doug Lehman, Peter Gamber and Colin Reilly represented Odyssey Reinsurance. Newman, along with Kimberly Zaccagnino and Tara Long represented the landlord.
First Stamford Place is a three-building, 794,623-square-foot office complex located at Interstate 95’s exit 7, adjacent to the Stamford Transportation Center. The property is located within Stamford’s Enterprise Zone, which enables qualified tenants to receive minimum annual rent savings of $4-per-square-foot, as well as a 25% credit against State of Connecticut corporate income taxes for 10 years.
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