Newmark, the commercial real estate consultancy and advisory firm announced that they have secured a 23,538 square foot lease of office space in Greenwich on behalf of their client Shelburne, a firm that invests in Class A office buildings in secondary and tertiary markets.
The space was leased by Stark Office Suites, which offers virtual and physical offices aimed at executives.
Shelburne was already leasing 17,772 square feet at 777 West Putnam Avenue near the center of downtown Greenwich to Stark Office Suites, but the new lease includes an additional 5,772 feet.
“This transaction is a direct reflection of the demand we continue to witness within the Greenwich office market, which has maintained some of the highest demand in the country since the onset of the pandemic,” said Newmark Managing Director Benjamin Goldstein. “The lack of top-tier co-working or flex spaces in the area was a key driver behind Stark Office Suites’ decision to expand.”
