GREENWICH – Sterling Investment Partners is relocating its headquarters from Westport to Greenwich, according to the commercial real estate company Newmark.
Sterling signed a long-term lease to occupy 15,000 square feet, or nearly half, of the renovated building at 145 Mason Street, according to Newmark. The real estate company secured the lease on behalf of the building’s owner, Win Properties.
“145 Mason Street stood out to us as the ideal location for the new headquarters of our growing organization,” said Charles Santoro, founder & managing partner of Sterling, and James Soldano, partner. “With its state-of-the-art amenities and proximity to downtown Greenwich and New York City, our entire organization is excited for this move and is looking forward to becoming a part of the Greenwich community.”
Newmark Executive Vice President and Managing Director James Ritman, Senior Managing Director Allan Murphy and Managing Director Ben Goldstein represented ownership on the transaction.
“We are excited to welcome a best-in-class tenant like Sterling Investment Partners to its new home in Greenwich, 145 Mason,” said Ritman. “We look forward to working collaboratively to identify and secure complementary tenancy for the remaining availability.”
The Mason Street building recently completed a virtual rebuilding of the property interior and exterior led by Studios Architecture, an international design firm. The work, done by A.P. Construction, included replacing most exterior facade, installation of new operable windows, an expanded and modernized lobby, improved entry stairs, walkways and elevators, state-of-the-art security features, two levels of upgraded parking with electric car charging stations and high-load building electrical capacity.
“The hard work of reimagining 145 Mason Street is a testament to our firm’s commitment to providing top-tier properties for the region,” said Jonathan Kallman, President at Win Properties. “We are confident that with Newmark’s guidance, we will continue to witness milestones at this highly desirable property.”
Sterling Investment Partners is a leading private equity firm that has been building leading middle-market companies for over 30 years with a highly experienced, cohesive team of senior investment professionals.