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by CareyBot

The CB Richard Ellis New York Tri-State Investment Team facilitated the sale of a 96,300-square-foot office building in Stamford, Conn. The value of the transaction was $14.5 million. The property, 600 Summer Street, is a class A asset situated on 1.3 acres. The building was constructed in 1967 and underwent a comprehensive, $7.9 million renovation in 2002. The renovation included all new mechanical and aesthetic components, including a new curtain-wall system, parking lot reconfiguration and access, ADA compliance, and complete lobby and common-area renovations. At the time of sale, 600 Summer Street was 81 percent leased, with major tenants including GE Real Estate, Wofsey, Rosen, Kweskin & Kuriansky LLC, Chicago Title Insurance Co., and Bello, Lapine & Cassone. Notably, Wofse...