Choyce Peterson, Inc. has successfully negotiated a new 4,853-square-foot headquarters lease for Pantheon Electric at 100 First Stamford Place in Stamford, Connecticut. Pantheon Electric, a global leader in high-performance electrical infrastructure solutions, selected this location to establish its new home base. Choyce Peterson Principal John Hannigan represented Pantheon Electric in this transaction, marking a significant milestone for the company’s strategic growth in the region.
Client Testimonial
“We’re grateful to have partnered with John Hannigan and thrilled to establish our new home in Stamford. We look forward to growing our presence in Fairfield County as we continue to expand our business and team.” — Gregory Smith, CEO, Pantheon Electric
Lease Details
- Broker: John Hannigan, Principal, Choyce Peterson, Inc.
- Asset Class: Class A Office
- Tenant: Pantheon Electric
- Square Footage Leased: 4,853 SF
- Lease Terms: Competitive rental rate, free rent period, landlord-funded tenant improvements
Property Summary: 100 First Stamford Place
The selection of 100 First Stamford Place, part of a three-building Class A office complex totaling over 800,000 square feet, was driven by its strategic location, amenity-rich environment, and the ability to tailor the space to Pantheon Electric’s needs. The building stands as a premier office destination in Stamford, offering unmatched access to both transportation and urban conveniences.
- Address: 100 First Stamford Place, Stamford, CT
- Total Building Square Footage: Over 310,000 SF
- Stories: 7
- Building Type: Mid-Rise Office
Leasing Strategy & Execution
Pantheon Electric’s headquarters search was guided by a targeted approach, focusing on properties in downtown Stamford and near I-95. John Hannigan facilitated an extensive market tour and led negotiations that achieved both optimal space design and financial terms. The process concluded with Pantheon Electric securing a turnkey office adjacent to Exit 7 of I-95 and within walking distance of the Stamford Transportation Center. The lease package included not only a competitive rental rate and free rent period but also landlord-funded improvements to ensure the workspace was customized to Pantheon Electric’s operational needs.
Neighborhood Overview
Stamford’s dynamic business community proved central to Pantheon Electric’s decision. The area offers proximity to major transportation, a skilled workforce, and a strong network of financial, technology, and manufacturing firms.
- Stamford Transportation Center (30 Station Pl, 0.3 miles) – Major rail (Metro North and Amtrak) and bus hub offering direct access to New York City and regional destinations.
- I-95 access – 100 First Stamford Place is located just off Exit 7 of I-95.
This office space is surrounded by top-tier amenities, including a full-service cafeteria, Starbucks café, fitness center, conference facilities, dry cleaning services, salon, and onsite daycare. With immediate access to I-95 and the Stamford Transportation Center, tenants benefit from easy commutes and seamless connections to the larger tri-state area. Stamford’s pro-business environment and diverse dining, retail, and recreational offerings create an appealing atmosphere for growing companies like Pantheon Electric.
Nearby Restaurants
- Tavola – DoubleTree by Hilton, 1 First Stamford Place: Known for its Italian cuisine and cozy atmosphere, perfect for business lunches or casual dinners.
- The Americano – 261 Main St: Located in the Columbus Park area of downtown Stamford, this restaurant serves up burgers, mussels and steaks in the historic Frank Martin building.
- Barcelona Wine Bar – 222 Summer St: Tapas & paella, plus a large Spanish wine list, served in a bustling, urbane space with a patio.
Nearby Hotels
- The Armon Stamford Hotel & Conference Center – 2701 Summer St: Offers deluxe comfort and serene ambiance, perfect for visiting clients and business travelers. Featuring an onsite professional team to help organize and accommodate both small business retreats and large-scale corporate gatherings.
- Courtyard by Marriott Stamford Downtown – 275 Summer St: Modern hotel featuring free Wi-Fi, an indoor pool, and on-site dining options. Ideal for both business events and stays.
- Doubletree by Hilton – 1 First Stamford Pl: Located just off I-95 and a mile from Stamford Train Station, this hotel offers comfortable accommodations and meeting facilities. It features ample flexible event space, an outdoor pavilion and onsite dining.
Conclusion
The relocation of Pantheon Electric’s headquarters to 100 First Stamford Place underscores the company’s commitment to growth and innovation. The successful lease negotiation not only provides Pantheon Electric with a strategic, amenity-rich workplace but also demonstrates robust demand for premium office space within Stamford’s business district.
Frequently Asked Questions (FAQs)
What is the history of this office space?
100 First Stamford Place is part of a well-established three-building Class A office complex, known as a hub for industry leaders.
What features stood out to the tenant?
Key features included proximity to major transit, extensive onsite amenities, and the ability to customize the space through landlord-funded improvements.
Why is this a strong location for office tenants?
The property offers immediate access to I-95, walking distance to the Stamford Transportation Center, and a vibrant surrounding business community.
Were any incentives or buildouts part of the lease?
Yes — the lease included a period of free rent and landlord-funded tenant improvements to tailor the office for Pantheon Electric.
What type of business moved into the space?
Pantheon Electric, a global electrical infrastructure company, established its new headquarters at this location.
