30 Buxton Farm Road in Stamford has sold for $13,475,000. GHP Office Realty, LLC had first purchased the property in 2003 for $8.3 million. The Class A office building sold 90% occupied by 14 tenants.
Cornerstone at Bedford recently sold for $75.1 million to Cornerstone Apartments Property Owner, LLC. The sale price represents a unit price of $204,000 per apartment. Steve Witten and Victor Nolletti, from IPA, and Eric Pentore, from Marcus & Millichap, represented the seller of the property, Fairfield Bedford, LLC.
Urstadt Biddle has purchased two mixed use properties totaling 89,000 square feet in the Cos Cob and Old Greenwich sections of Greenwich. The company acquired the properties for $47.4 million, or $533 per square foot. The first building stands three stories and is comprised of 48,000 square feet. A 15,600 square foot CVS Pharmacy anchors the property which sold 97% occupied. The second property contains two stories and 41,000 square feet, anchored by an 18,200 square foot King’s Supermarket.