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Guggenheim Partners expands, moves to First Stamford Place

11-year lease deal negotiated by Newmark Group of NYC

Gary Larkin by Gary Larkin
December 26, 2024
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First Stamford Place is the new home of Guggenheim Partners’ Connecticut office. Photo courtesy of Newmark Group

STAMFORD – The leading international financial services and asset manager Guggenheim Partners is relocating its Darien office to First Stamford Place, according to the commercial real estate firm Newmark Group.

Newmark has arranged for a 10,573-square-foot 11-year lease for Guggenheim Partners marking the company’s expansion and relocation of its Darien office. Newmark Executive Vice President and Managing Director James Ritman, Executive Managing Director Gregory Frisoli and Managing Director Benjamin Goldstein are the exclusive leasing agents at the property.

Founded by the powerful Guggenheim Brothers family, Guggenheim Partners is part of an international investment firm that dates back to the 1800s. Its relocation to First Stamford Place was due in part to the building’s proximity to the Stamford train station, access to I-95 and prebuilt office space.

“This transaction showcases Stamford’s continued growth as a financial services hub,” said Ritman. “We are pleased to have secured a tenant of Guggenheim’s caliber on behalf of ownership at First Stamford Place.”

First Stamford Place comprises three architecturally similar mirrored glass office towers – 100, 200 and 300 First Stamford Place, which total approximately 778,271 square feet. The campus sits on 15 acres, at Exit 7 off I-95, the major thoroughfare connecting New York City with New England.

Amenities at the campus include a new tenants-only fitness center with state-of-the-art equipment and locker facilities, a renovated and expanded kitchen and dining facility, upgraded common area corridors, renovated restrooms and elevator cabs, a new building management system, a structured parking garage with direct access to the buildings and around-the-clock security.

The law firm Savills and Bradford Allen represented the tenant in the lease transaction.

 

 

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