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Metlife acquires ownership of building in Stamford.

Robert N. Jenkins, vice president of Metropolitan Life Insurance Company and northeastern territorial head of Real Estate Investments, recently announced that the financial services organization has acquired the ownership of the Landmark Square complex located in downtown Stamford, Connecticut.

The acquisition was done with the cooperation of the F .D. Rich Company, the urban redevelopment developer of downtown Stamford.

Landmark Square consists of 825,000 square feet of office and retail space in six buildings, as well as a three-level parking facility. The 21-story One Landmark Square dominates the skyline and five low-rise buildings complete the complex situated on six acres in the heart of the business district. Landmark Square is directly connected to the Stamford Town Center shopping mall with more than 120 stores on five levels.

Wendell F. Dickerson, Jr., assistant vice president of MetLife Real Estate's commercial mortgage portfolio in the Northeast, oversaw this transaction.

Long-term investment plans being considered by MetLife at Landmark Square include the redesign of lobbies and other common areas, as well as improvements to parking garage access and configuration.

GRM Management, Inc., the on-site property management company, will continue to serve the daily needs of the large tenant base at Landmark Square.
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Title Annotation:Property Management/Improvement; Section II; Metropolitan Life Insurance Co.; Stamford, Connecticut
Publication:Real Estate Weekly
Date:Feb 24, 1993
Words:200
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