Nonprofit Health System’s New Lease Is One of the Largest in Stamford, Connecticut, So Far This Year
An independent nonprofit health system, Stamford Health, recently agreed to lease medical and office space in a Stamford, Connecticut, office condo, growing its footprint in the city’s healthcare corridor to 112,059 square feet in a major deal this year.
Stamford Health has signed for 65,667 square feet on the third floor of the three-story, Class A building, owned by real estate developer Building and Land Technology and located at 260 Long Ridge Road. The health system already occupies 46,392 square feet at 292 Long Ridge Road. This new lease represents one of the largest in the Stamford market so far in 2024.
With the additional space, Stamford Health expands its presence and increases patient care services in the Long Ridge Corridor, an emerging healthcare center in the city. The building at 260 Long Ridge also houses Greenwich Hospital and Yale New Haven Medical Group. In addition, the Dermatology Physicians of Connecticut signed a 5,625-square-foot lease at the building in September, according to a statement from Building and Land Technology.
“Stamford Health is committed to meeting the growing health care needs of our community,” Liz Longmore, Stamford Health’s chief operating officer, said in the statement. “We are excited to continue the expansion of our ambulatory network, bringing more programs and capacity to the communities we serve.”
Longmore added that the new space will be unveiled in phases, with approximately 30,000 square feet opening in late 2025.
The 260 Long Ridge building was constructed in 1970 and renovated in 2016, according to CoStar data. It spans 197,000 square feet and rests on 17.6 acres. Onsite property amenities include a fitness center, and the building is located within minutes of local commuter rail stations.
This story was updated on June 28 to correct the floor on which the company plans to occupy and the Class type of the building.
By Christian Goodwyn
CoStar Research
June 27, 2024 | 3:49 P.M.
