Stamford, CT The CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer, in collaboration with Brannan Knott and Chris Bodnar of CBRE’s U.S. Healthcare Capital Markets, have arranged the $19.1 million sale of Holly Pond Plaza, located at 1281 E Main St.
CBRE represented the seller, BostonHP, LLC, managed by Faros Properties, who owned the property for 15+ years. CBRE also procured the buyer, a joint venture between Sendero Capital and TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG.
Holly Pond is a 73,060 s/f multi-tenant outpatient medical building, which is 100% leased to three credit medical tenants. Summit Health (Walgreens Boots Alliance) occupies 50% of the building and is complemented by Greenwich Hospital (Yale New Haven) and Specialty Surgery Center of Connecticut (SCA Health).
Dunne said, “Holly Pond’s stable tenant mix coupled with a tight medical office market, positions Holly Pond to continue to benefit from strong demographics and favorable location directly on the Darien border and adjacent to I-95.”