Stamford Tower Feels Office Market Drag

The weak Stamford, Conn., office leasing market is creating a headache for a high-profile building operated by Landis Group, a company founded by one of the owners of the Minnesota Vikings. The owner of the office building at 400 Atlantic St. has informed the servicer of a $265 million mortgage backed by the 527,000-square-foot tower that it wants to restructure the debt, according to Trepp LLC, which tracks commercial real estate bonds.

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