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$33M loan secured for conversion of Stamford’s 1 Atlantic St. into...

As commercial leases at the property expire, owner SH Atlantic LLC plans to convert the spaces into 19 studio, 40 one-bedroom and 18 two-bedroom apartments, with a tentative completion date of 2032.

Offices at Stamford’s 1 Atlantic St. to be converted into apartments

Tenants at the two-building property include Bank of America, Pacific Basin Shipping and financial planning firms Quarve Associates and River Oak Investment Corp.