DTZ Represents Charter Communications in One of the Largest 2012 Leases in the State of Connecticut – 70,000 s.f. in Downtown Stamford
November 14, 2012STAMFORD, CT: DTZ, a UGL company announced today that it has negotiated a 70,000 s.f. new lease acquisition at 400 Atlantic Street in Stamford, CT, for long-time portfolio client Charter Communications, the fourth largest cable operator in the U.S. Charter provides cable television, high-speed Internet, and telephone services to more than 5.3 million customers.
Charter will be subleasing the ninth and tenth floors at 400 Atlantic Avenue from UBS AG.
A senior-level DTZ team, headed by Executive Vice President Christopher Wood in the Chicago office, assisted by Associate Vice President Jordan Decker and Vice President Brenda Lewis in Denver, led the negotiation process and provided analysis of availabilities, strategic planning and lease negotiations.
Charter will benefit from an incentives package from the State’s “First Five” job creation initiative launched in February 2011.
UBS was represented by Paul Jacobs of CBRE.
Final terms of the agreement were not disclosed.
For further information, please contact:
Executive Vice President
DTZ, a UGL company
+312 424 8064
Media please contact:
Vice President of Marketing & Media Communications
+1 312 424 8172
DTZ, a UGL company, is a global leader in property services. We provide occupiers and investors around the world with industry leading, end-to-end property solutions comprised of leasing agency and brokerage, integrated property and facilities management, capital markets, investment and asset management, valuation, building consultancy and project management. In addition, our award winning research and consulting services provide our clients with global and local market knowledge, forecasting and trend analysis to make the best long-term decisions for their continuous success far into the future. DTZ has 47,000 employees including sub-contractors, operating across 208 offices in 52 countries. For further information, visit: www.dtz.com
About UGL Limited ABN 85 009 180 287
UGL Limited (ASX: UGL) is a global leader in outsourced engineering, property services and asset management and maintenance delivering essential services that sustain and enhance the environment in which we live. UGL comprises three business units including Engineering, Operations & Maintenance and Property providing services across the power, water, rail, resources, transport, communications, defense and property sectors. Headquartered in Sydney, Australia, UGL operates worldwide across 52 countries employing over 56,000 people.
For more information, visit: www.ugllimited.com