Home Fairfield 9 W. Broad St. in Stamford sells for $47.75 million

9 W. Broad St. in Stamford sells for $47.75 million


9 W. Broad St. StamfordNewmark Knight Frank has completed its sale of 9 W. Broad St., a 9-story, 189,240-square-foot office building in Stamford, for $47.75 million.

Newmark Knight Frank represented the seller, a joint venture between certain funds managed by Westport Capital Partners LLC and Forstone Capital, and procured the buyer, who was not identified. The property is 94% leased and recently underwent a large-scale capital improvement program that included renovations to its lobby and common areas, façade improvements and energy efficiency upgrades.

“We are pleased to have found a new owner who will benefit from the property’s steady income, gradual lease rollover and excellent mix of tenants,” said Alex Haendler, director of capital markets at Newmark Knight Frank.

Print Friendly, PDF & Email


Please enter your comment!
Please enter your name here