GHP Office Realty has sold a retail and office property at 95 East Putnam Ave. located in the heart of Greenwich. The building is 15,000 s/f and the sale price was $4.6 million.
The property is fully leased to such tenants as Chatsworth Securities, The Federalist, Gabriel Shimon Hair Salon and Sanguine, Inc.
The buyers are local Greenwich-based investors.
Jamie Schwartz of GHP Office procured the buyers.
The sellers were represented by Elizabeth Smith of Goldberg Weprin Goldstein, LLP
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.