Newmark & Company Real Estate Inc., which represented Vornado Westport LLC in the deal, refuses comment on the purchase price reported to GlobeSt.com by real estate sources.
If the purchase price is accurate, it would place the value of the deal at $200 per sf.
Westport Corporate Park, which consists of 55 and 57 Greens Farms Rd., is 100% leased and is occupied by MetLife, Allianz Investment Corp., New England Consulting Group and AC Nielsen. It was originally built by Mendik Realty.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.