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Deals & Dealmakers

Booze big Diageo takes 40,000 s/f in Stamford

Building and Land Technology (BLT) announced that British-based Diageo, one of the largest beverage companies in the world, has leased 40,000 s/f of office space at 200 Elm Street in Stamford, CT, a Class A office property located in downtown Stamford, CT.

The project will attract 250 jobs to the city of Stamford.

Operating as a global business, with more than 200 brands in 180 countries, Diageo’s largest market is North America.

Diageo North America’s anticipated Stamford office will house a number of teams including their Research & Development/Innovation center of excellence, along with members of finance, human resources, supply and business services.

Diageo North America will also have a primary North America office in New York City.

The planned relocation will take place in early 2020, Erik Snyder, President, Supply & Procurement, Diageo North America said; “We are delighted to partner with BLT on this new chapter for Diageo North America and look forward to becoming a member of the Stamford community, while creating the vibrant culture and workplace of the future we aspire to.”

Diageo joins a prestigious group of businesses that have relocated to 200 Elm Street since BLT relaunched the renovated property in 2017.

Henkel Consumer Goods Inc. has relocated and consolidated from other locations into approximately 155,000 s/f at 200 Elm, and RSM, a provider of audit, tax and consulting services, moved into 27,800 s/f of space. Tudor Investment Management Company, CA Technologies, Webster Bank, each leased approximately 25,000 s/f and all have taken occupancy.

“We’re so pleased that Diageo chose 200 Elm as the solution to its office space needs in Connecticut,” said Carl R. Kuehner, III, CEO of BLT. “Positive momentum continues to build in Stamford, and we have helped make it a more desirable place by investing heavily into new and existing commercial and residential building stock. ”

200 Elm is one of the two recently renovated downtown office towers that formerly housed the headquarters of Gen Re.

Drew Saunders, Ed Tonnessen, and Andrew Lutzer of JLL represented Diageo in the transaction. 

BLT acquired 200 Elm and its sister building, 695 East Main Street, in 2012.

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