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According to a data analysis from Newmark Knight Frank, Fairfield County’s office leasing activity grossed 4.2 million square feet in 2017, up 18.5 percent from the previous year.
The property, a four-story Class-A medical office building, is across the street from Greenwich Hospital’s Holly Hill campus and next to the WestMed urgent care facility.
CNH Finance marks the third lease this year at the recently renovated commercial property, which brings the building to over a 55 percent occupancy rate.
The property, which is now home to an empty 100,000-square-foot two-story office building, is in the process of being sold for $6.6 million to a limited liability company.
The new tenants are R.S. Granoff Architects PC, which occupies 9,000 square feet, and Stone Point Capital, which took a 1,281-square-foot suite.
OT Kids and Bender Chiropractic and Wellness Center have taken office space on the third floor of the building.
Real estate investor Edward Gormbley bought the properties, explaining that Fairfield “needs hotels. There was a tremendous amount of demand for it."
The properties encompass approximately 80,000 square feet and are 94.6 percent leased to 15 tenants.
Founded in 2012 in Englewood, New Jersey, the franchise business expects to open next January in Larchmont.
Goldman Sachs will provide the venture with a financing line of credit facility.
The branch building is within the Stamford Central Business District adjacent to the Stamford Town Center Mall.