GHP Office Realty Acquires Wilton Office Building for $8M

WILTON, CT-In a deal that increases its commercial office holdings in Fairfield County to seven properties, GHP Office Realty has acquired 131 Danbury Rd. here for $8.3 million. The White Plains-based commercial real estate investment firm acquired the 52,000-sf fully leased office from 131 Danbury Road Associates, a group of local investors.

The purchase of 131 Danbury marks the second acquisition of a Fairfield County commercial office building by GHP this year. Earlier, the company added 79 East Putnam Ave. in Greenwich to its portfolio.

“131 Danbury Rd. is really the type of property we are looking for,” says GHP principal Andrew Greenspan. Noting that the deal fits with the firm’s investment and management strategy, he adds, “It is well located in the heart of Fairfield County, surrounded by executive housing, high-end retail conveniences and easy access to highways and labor pools. The building is in mint condition.”