Together with its partners, Targeted Real Estate Equities LLC (“Targeted”) have closed on the sale of 191 Post Road West, a 31,500+ square foot office building in Westport, CT.
“We were able to execute our strategy earlier than expected thanks to an expansion by Connecticut Children’s Medical Center (“CCMC”) into the remainder of the Property. They will now occupy the entire building on a long-term lease,” said Daniel Steinberg, Managing Director. CCMC is using the space as a children’s specialty care center, their flagship in Fairfield County, offering a wide variety of specialties.
Added Steinberg, “We are very pleased to have been able to convert the building to a medical use and offer this great amenity to the community, while executing a great result for our investors.”
Stream Capital Partners procured the buyer on behalf of ownership, 191 Post Property Owner LLC.
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