Weinberg Properties, a family-owned real estate development company focused on the tri-state area, is relocating its Manhattan headquarters from Manhattan to 777 West Putnam in Greenwich.
777 West Putnam Ave. is a three-story, 134,000-square-foot property built in 1976. It served as the headquarters for Nestlé Waters North America until the company relocated to Stamford in 2009; today, it is anchored Marc Fisher Footwear, The Richman Group and Knighthead Funding LLC. The property was sold last September to Shelbourne Global Solutions for $48.5 million.
“As with many other companies we have worked with over the past few years, this transaction is representative of the substantial movement of Manhattan based firms relocating or taking satellite office space in Connecticut,” said Benjamin Goldstein, managing director of Newmark Group Inc. (NASDAQ: NMRK), who coordinated the relocation. “Partnering with Shelbourne on 777 West Putnam has allowed our team to attract new tenants, such as Weinberg. We look forward to welcoming the tenant to its new space.”
