Two Anchor Retail Leases Signed

January 25, 2023

Westport, CT –Saugatuck Commercial Real Estate (SCRE) represented the Developer, Quarterra/Lennar MultiFamily Companies (LMC), in leasing two anchor retail spaces in “sister” luxury mixed use developments in Stamford and White Plains.  Fidelity Brokerage Services leased 7,490 SF at The Smyth, 885 Washington Boulevard in downtown Stamford, CT.  Citibank N.A. signed a lease for 5,677 SF at The Mitchell, 131 Mamaroneck Avenue in downtown White Plains, NY.    The two leases total approximately 50% of the retail space available across both developments.

Penny Wickey and Daniel Neaton represented Quarterra/LMC in both transactions.  Colleen Quinn of Quinn Commercial Properties, LLC represented Fidelity Brokerage Services at The Smyth.  Daniel Richman of SRS Real Estate Partners – Northeast, LLC represented Citibank N.A. at The Mitchell.  Both financial institutions anticipate opening in the second quarter of 2023.