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Greenwich Sees Largest CRE Deal in Nearly a Decade

GREENWICH, CT—A 100,155-square-foot, Class A office property here was purchased by a New York City-based firm.

411 West Putnam Avenue The new owner of 411 W. Putnam Ave. plans to initiate a NYC-style pre-built program in the remaining vacant space.

GREENWICH, CT—In the largest office space sale here since 2007, 411 W. Putnam Ave. – also known as Wexford Plaza—has changed hands. The 100,155-square-foot, Class A building was purchased by JMC Holdings, a New York City-based firm, for nearly $52 million. The seller was identified as 411 Properties LLC com.

Newmark Grubb Knight Frank senior managing directors Stephen Westerberg and Kim Mowers, along with EVP and managing director James Ritman and EVP and regional manager Mike Cottle negotiated the sale on behalf of the buyer.

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Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

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