According to RFR Realty LLC, owner and manager of a seven-building, 1.8 million s/f Stamford CBD office portfolio, Noble Americas Corp. (Noble), a wholly-owned subsidiary of Fortune Global 500 company Noble Group Ltd., one of the world's largest commodity supply chain managers, leased 33,645 s/f at Four Stamford Plaza located at 107 Elm St.
The deal brings occupancy at the 15-story, 261,000 s/f building to 96%.
Noble leased space on the entire seventh and a portion of the sixth floors for an 11-year term. The company will relocate from 333 Ludlow St. to Four Stamford Plaza in March 2010, and has more than doubled its space.
Brett Sherman, CCIM, senior vice president of Angel Commercial Real Estate, represented Noble in the transaction. "We were able to negotiate a very advantageous deal for Noble and take advantage of the favorable lease terms being offered by the landlord in a premier property within walking distance to the train and downtown amenities. We toured many properties but the overall transaction terms offered by RFR will not only satisfy Noble's current space needs but allow for future expansion as the company continues to grow," he said.
The landlord was represented internally by Margaret Carlson and Joseph Artusa, RFR Realty's Stamford portfolio directors.
RFR Realty recently completed multi-million dollar interior and exterior capital improvements at Stamford Plaza.