Kensico Properties acquires 200 Greenwich Avenue for $67m

Kensico Properties acquires 200 Greenwich Avenue for $67m

Published at: 2019-08-08 17:16 | Author: CIJ USA
Kensico Properties has purchased 200 Greenwich Avenue, a mixed-use building in Greenwich, Connecticut, for $67m. Totaling 62,850 sq ft, the property is anchored by Saks Fifth Avenue on the ground floor and Compass on the second floor. Additional high-end retailers at the property include Sweaty Betty, Fjallraven and Vilebrequin.

“The property’s strong rent roll with additional upside, combined with its 159-space on-site covered parking garage, a rare amenity on Greenwich Avenue, will provide the purchaser with stable income for years to come,” said Jeffrey Dunne of CBRE’s National Retail Partners, which brokered the deal.

Similar Stories:

Investors secure $42.5m for RIVET project in Jersey  City
The Hampshire Companies, the Claremont Companies and Circle Squared Alternative Investment  »
Continental Realty Fund V closes after raising $210.8m
Continental Realty Corporation closed its Continental Realty Fund V after raising $210.8m  »
Nearly $40m secured for affordable housing project in Washington, DC
The NHP Foundation, the Warrenton Group and the Washington Metropolitan CDC have secured $  »
Construction wraps on Liberty Harbor East in Baltimore
H&S Properties and The Bozzuto Group have completed Liberty Harbor East, a mixed-use d  »