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In Greenwich, the realty says, an improved lease rate structure that benefits tenants has resulted in a tangible occupancy improvement: “Recovery of leasing volume continues signaling that fundamentals are now on a better footing."
Built in 2009 to serve as the U.S. headquarters of RBS, 600 Washington Blvd. is in downtown Stamford’s central business district and is approximately 85% leased.
The Stamford company will also make restitution to victims of at least $9,091,317.14.
With the move, RBS will have laid off some 675 employees over the past two years.
The troubled Edinburgh bank was recently accused of laundering money for the KGB.
RBS has cut its employment base in Stamford by a third, with the company doubling the pace at which it has collected state tax incentives since 2011.
There are precious few footprints in American business with the I-95 visibility enjoyed by the glass-sheathed Royal Bank of Scotland in Stamford. Now there is word the address and corporate name come with marching orders to do better socially, from hunger to education to volunteerism.
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