"The Stamford market continues to tighten and we are seeing the first signs of Stamford, along with the central business district of Greenwich, becoming a submarket of Manhattan"
The upcoming relocation of the Fitlinxx headquarters adds another Stamford company to the growing list of those that have already moved - or plan to move - to Norwalk.
They include Diageo plc, Vertrue Inc., GE Real Estate and Xerox Corp.
But don't weep for Stamford.
'Companies are coming into Stamford from Greenwich to replace them,' said Michael Freimuth, Stamford's economic development director.
Soaring office rents stemming from the influx of money-is-no-object hedge funds are driving other companies east from Greenwich into Stamford's inviting vacancies, observers say. Read more
More...
The upcoming relocation of the Fitlinxx headquarters adds another Stamford company to the growing list of those that have already moved - or plan to move - to Norwalk.
They include Diageo plc, Vertrue Inc., GE Real Estate and Xerox Corp.
But don't weep for Stamford.
'Companies are coming into Stamford from Greenwich to replace them,' said Michael Freimuth, Stamford's economic development director.
Soaring office rents stemming from the influx of money-is-no-object hedge funds are driving other companies east from Greenwich into Stamford's inviting vacancies, observers say. Read more
More...