Unknown buyer shells out $42M for mixed-use building in Stamford

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An unidentified buyer has snapped up a nine-story mixed-use building in Stamford from an affiliate of UC Funds for $42 million, the Fairfield County Business Journal reported. Park Square West was built in 2001 and houses two commercial units on the ground floor and 143 apartment units. CBRE’s Jeffrey Dunne, Gene Pride and Eric Apfel represented the owner and brought the buyer. The owner renovated the property over the past two years and there has been “strong leasing activity,” Dunne said. [FBJ]

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