The long-running reality TV courtroom series “The People”™s Court” has committed to an 18,739-square-foot office lease at 470 West Ave. in Stamford. The production this spring will relocate its operations from 300 Stillwater Ave. in Stamford to the loft-style office property owned by New England Investment Partners LLC.
Steven Greenbush and Joseph Weaver of CBRE represented both the series”™ production company Ralph Edwards/Stu Billett Productions and the building ownership group New England Investment Partners in the lease negotiations. Edwards/Billett plans to film, produce, and distribute “The People”™s Court” from its new headquarters.
New England Investment Partners acquired 470 West Ave. in November 2016 with a 50 percent vacancy rate, according to Greenbush. Since the acquisition, Uber and Manhattan Oral Surgery have moved into the building; with the addition of “The People”™s Court,” it will now be over 87 percent occupied.
CBRE added that Edwards/Billett chose the property “due to its ideal combination of high ceilings, ample office space, close proximity and easy access to New York City, as well as supportive tax credits from the state of Connecticut.”
