The Greenwich office building that once housed UST Inc. and was later home to hedge funds reportedly has a new owner in Torchlight Investors L.L.C.
The Wall Street Journal reported that Torchlight Investors L.L.C. has quietly seized control of the former UST headquarters at 100 West Putnam Ave. in Greenwich, five years after the building was purchased by Antares Investment Partners and Goldman Sachs Group Inc. and overhauled for occupancy by financial services firms.
Reports first surfaced in March of New York City-based Torchlight’s plans to take control of the building by converting existing debt into equity. Previously known as ING Clarion Capital, Torchlight has invested $34 million of its own money in the building, which is 95 percent leased today.
