The 90,000-square-foot, loft -style office building at 700 Canal St. has seen a slew of new and renewed leasing recently with five new leases and three renewals, according to the commercial real estate firm CBRE Group Inc.
Of the five new leases, the largest arranged by CBRE was for Providence Service Corp., a health care and social services company, for 7,548 square feet. In addition, Arbour Lane Capital Management secured 5,166 square feet of space; E4sciences, an environmental engineering firm, secured 3,596 square feet; Avant Capital, a financial services firm that recently moved from Greenwich, leased 2,663 square feet; and Fields Development, a real estate development firm, took 1,345 square feet. Renewals include US Beverage for 6,681 square feet; Mezzapelle & Associates, a tax services firm, for 2,400 square feet; and the marketing firm Boldheart, which downsized to 960 square feet.
The CBRE team of Brian Carcaterra, senior vice president, Michael McCall, vice president, and Morgan Collins, senior associate, oversee the leasing and marketing program on behalf of ClearRock Properties, Mountain Development Corp. and Gottesman Real Estate Partners, which acquired the property in 2012 as part of a 250,000-square-foot, three-building portfolio including 850 and 860 Canal St.
“The past 12 months have been robust at 700 Canal Street,” said Carcaterra. “The new leases speak to the fact that the building is a highly sought-after Class-A property that offers modern space in what has become a vibrant business community in Stamford”™s South End.”
In addition the office building is preparing for an additional new tenant in July, the national co-working space operator, Serendipity Labs Inc., based in Rye, N.Y.
Serendipity will open a 13,000-square-foot, membership-based workplace on the ground floor. The company will offer private offices, co-working options, team rooms, a work lounge and event space.  The Stamford location is part of a rapidly expanding national network and is the only one with workspaces in the New York, Connecticut and New Jersey suburbs, according to CBRE.
