Langtry of Newmark leases 12,060 s/f at Simone Development Companies' 316 Courtland Ave. to Advanced Therapy and Performance, LLC

June 18, 2021 - Connecticut

Stamford, CT According to Simone Development Companies, Advanced Therapy and Performance, LLC has leased 12,060 s/f for a new facility at 316 Courtland Ave.

The long-term lease brings the property to 94% occupancy. Franco Fellah from HK Group II, Inc. represented the tenant in the lease negotiations, while the owner was represented by Kevin Langtry of Newmark.

“It’s been a real pleasure working with Josh Gopan at Simone and Kevin Langtry at Newmark finalizing this important expansion for Advanced Therapy and Performance,” said Fellah.

“Advanced Performance and Therapy is a great addition to 316 Courtland’s diverse mix of thriving tenants,” said Langtry of Newmark.  “Simone Development really took a creative approach in adapting to what the market brought and has transformed the building into a unique asset.”

The 116,500 s/f property offered the flexibility of layout that Advanced Therapy and Performance required, with clear span space and ceiling heights from 12 to 25 feet, abundant parking and ample power. The property is located only a mile from I-95 and a half mile from the Glenbrook train station.

“We are pleased to welcome such a high-profile tenant as Advanced Therapy and Performance to our property at 316 Courtland Ave., which is now almost fully leased,” said Josh Gopan, AVP of leasing for Simone Development. “ATP assists clients with everything including orthopedic and performance screening, sport rehabilitation and targeted professional level physical performance. Flexibility and Simone Development’s vision for the leasing of the property were key factors that attracted ATP to this outstanding location.”

The Advanced Therapy and Performance team brings an integrative approach to rehab and training.

By leveraging the specialties of each Integrated Performance Coach and Therapist, their treatment and training teams collaboratively utilize all modalities in the therapy and performance training community to get the fastest results possible for clients.

Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of healthcare, office, retail, industrial and residential properties in the New York tri-state area.  Headquartered in the Bronx, the privately held company owns and manages more than 6 million s/f in the Bronx, Westchester County, Queens, Long Island, New Jersey and Connecticut.  The company’s portfolio includes more than 100 properties and ranges from multi-building office parks to retail and industrial space.

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