Faros Properties L.L.C., the New York- and Boston-based real estate investment firm that last year purchased and repositioned the glass-sheathed 555 Theodore Fremd Ave. building in Rye, N.Y., recently signed four leases at its Holly Pond Plaza property at 1281 East Main St. in Stamford.
The renovated Holly Pond office building possesses a total 70,000-plus square feet. The deal will fill about half the square footage, leaving two upper floors of 18,265 each still vacant. A rooftop deck, monument signage and/or building naming rights all are negotiable for a large enough tenant, according to Faros.
Argus Investors”™ Counsel, Inc., an existing tenant, negotiated directly with Faros and its Cushman Wakefield leasing team to relocate within the building and extend its lease.
The Atlantic Group, professional search consultants, relocated to Holly Pond Plaza from 400 Atlantic Street, another location in Stamford.
The public relations and special events firm Blumenfeld and Associates Inc., became a direct tenant after leasing as a subtenant through Argus Investors”™ Counsel.
And in the fourth deal, shopping center owner and manager AmCap Inc. extended its lease, expanding at its existing site of 5,000 square feet. AmCap has been a tenant in the building since 1988.
“The significant upgrades at Holly Pond Plaza make this property highly attractive to both existing and new tenants,” said Alexander Leventhal, managing partner, Faros Properties.
Cushman & Wakefield”™s Adam Klimek and William Montague serve as the exclusive agents representing the landlord.
