Shopping center owner pays $7M for Greenwich office and retail building

TRD New York /
Jan.January 17, 2019 12:07 PM

A private investor sold a three-story mixed-use building in Greenwich to Charter Realty & Development Corporation, which owns or operates more than 80 U.S. shopping centers, the Greenwich Time reported. Stephen Westerberg, first vice president of Marcus & Millichap Westerberg in Stamford, had the listing and brought in the buyer, according to the Westchester County Business Journal. The 8,300-square-foot building at 301 Greenwich Avenue was once home to the flagship store of the local Finch’s pharmacy chain before a Starbucks took it over. The property now houses both office and retail space and fetched $7 million for seller Joel Adelman, the outlet reported. [Greenwich Time]


Related Articles

arrow_forward_ios

The Seychelles to auction off estate at a discount after diplomat’s divorce

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Paul Simon’s Connecticut estate is on the market for $14M

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

This new bill is taking aim at property taxes for golf courses — including Trump’s

Placeholder image

Rockland County’s troubled Time Nyack Hotel gets a new owner

Placeholder image

Edge-on-Hudson developers enlist architect for parks and paths

Placeholder image

Report finds Norwalk and Stamford have highest rents in Connecticut

arrow_forward_ios