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January 2, 2025

Guggenheim Partners to relocate from Darien to ‘financial services hub’ in key CT city

Courtesy of Newmark Group First Stamford Place
By Andrew Larson

Darien-based financial services and asset manager Guggenheim Partners is relocating to a Class A office campus in Stamford known as First Stamford Place.

Commercial real estate firm Newmark Group said it has arranged an 11-year lease for Guggenheim Partners to occupy 10,573 square feet in the business center, which is located at 100, 200 and 300 First Stamford Place, next to the Stamford Train Station.

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

First Stamford Place consists of three mirrored-glass office towers, totalling about 778,271 square feet. 

The amenity-rich campus sits on 15 acres and includes a new fitness center, a renovated kitchen and dining facility, and upgraded common areas, along with structured parking and 24/7 security.

The occupancy rate at First Stamford Place is 85%, according to Newmark.

Ritman, along with Newmark’s Executive Managing Director Gregory Frisoli and Managing Director Benjamin Goldstein, are the exclusive leasing agents for the property.

New York-based law firm Savills, and commercial real estate broker Bradford Allen, represented Guggenheim Partners in the transaction.

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