News: Brokerage

Newmark arranges 23,248 s/f in leases at 777 West Putnam Ave.

Greenwich, CT Newmark has arranged 23,248 s/f of office leases at 777 West Putnam Ave., bringing the Class A office property to 100% occupancy. Senior managing director Benjamin Goldstein serves as the exclusive leasing agent for the property and represented ownership, Shelbourne, in negotiations. 

“Reaching full occupancy at 777 West Putnam reflects Shelbourne’s successful execution of a comprehensive repositioning strategy,” said Goldstein. “Ownership’s commitment to enhancing the tenant experience through targeted capital improvements, hands-on management and best-in-class amenities has solidified the property’s position as a premier office destination in Greenwich.” 

The activity spans new leases, renewals and expansions of existing tenants, including:

• Knighthead Funding, which completed a long-term 13,759 s/f renewal and expansion on the third floor, expanding its Connecticut headquarters footprint.

• Knighthead Life Insurance, which signed a long-term 3,718 s/f lease on the third floor, relocating to 777 West Putnam Ave.

• Wexford Capital, which completed a long-term 3,590 s/f renewal on the first floor.

• Deccan Capital, which signed a long-term 2,181 s/f lease on the third floor, relocating to 777 West Putnam Ave.

Originally constructed in 1976, 777 West Putnam Ave. is a 134,000 s/f Class A office property that formerly served as the headquarters of Nestlé Waters North America. Ownership recently completed a comprehensive repositioning that introduced a new lobby and reception area, upgraded security and tenant management systems, enhanced common areas, a café offering and an outdoor patio. 

The property is anchored by Marc Fisher Footwear, The Richman Group, Knighthead Funding LLC and Stark Office Suites.

Located along Rte. 1, 777 West Putnam Ave. offers direct access to I-95 and Metro-North Railroad service via the Greenwich and Port Chester stations. The property sits within Fairfield County, one of the nation’s most affluent suburban markets and a key extension of the New York metropolitan area, providing tenants with exceptional connectivity to both Connecticut and New York City.

According to Newmark Research, leasing activity in Fairfield County reached approximately 780,000 s/f during the first quarter of 2026, exceeding both prior-year levels and the market’s long-term average. Demand continues to concentrate in high-quality, amenity-rich Class A properties as tenants prioritize workplace experience, accessibility and talent attraction, supporting continued momentum across the county’s premier office assets.

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