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ICON International Signs Lease For 60,826 Sq Ft Of Office Space In Four Stamford Plaza

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LEASED
$48

Connecticut

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Office60,826 SF
Leased 04/19/2023
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Property Image
LEASED

ICON International Signs Lease For 60,826 Sq Ft Of Office Space In Four Stamford Plaza

107 Elm St

See Similar Deals
Office60,826 SF
Leased 04/19/2023
the dealdetailscomps

Summary

CONNECTICUT
Asset Type:Office
Price Per Square Foot:$48
Total Square Footage:60,826 SF
Transaction Type:Lease

Finance firm ICON International has signed a lease for 60,826 sq ft of office space in Four Stamford Plaza, located at 107 Elm St in Stamford, CT. The lease was signed with RFR, the landlord of the property. ICON International will be relocating from Greenwich to Stamford Plaza. The new location will occupy the top two floors of the building, which is part of a one-million-sq-ft campus near the Stamford Transportation Center. Stamford Plaza, acquired by RFR in 2007 and renovated in 2019, offers modern amenities such as a fitness center, cafeteria, and concierge services.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Date: 04/19/2023
  • Market: Stamford, CT
  • Landlord: RFR - Margaret Carlson
  • Tenant: ICON International
  • Asking Rent: $48/ft.
  • Square Footage: 60,826

Margaret Carlson, representing RFR, facilitated the lease agreement with ICON International. The finance firm's decision to relocate to Stamford Plaza demonstrates their commitment to expanding their operations in the area.

Details

LEASED
IMAGE: Margaret Carlson DATE: 04/19/2023 ADDRESS: 107 Elm St MARKET: Stamford, CT ASSET TYPE: Office LANDLORD: RFR (@RFRRealty) - Margaret Carlson TENANT: ICON International ASKING RENT: $48/ft. ~ SF: 60,826 NOTE: Finance firm ICON International will be relocating to Stamford Plaza, where it has signed a lease for 60,826 sq ft of office space in Four Stamford Plaza. Previously based in Greenwich, ICON's new location will occupy the top two floors of the building, which is part of the one-million-sq-ft campus near the Stamford Transportation Center. Stamford Plaza is a property acquired by RFR in 2007 and renovated in 2019, featuring a modern fitness center, cafeteria, and concierge services.

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Deal Type
Effective Rent (Annual)

$3,347,049.23

Total Lease Value

$33,470,492.30

Net Landlord Cash Flow$3,347,049.23