The Carriage Hill North property is 100% occupied and is located in Westport, which has a low office vacancy rate and now has asking rental rates that are approaching $50 per sf. The lender--Nationwide Insurance--was represented by Holiday, Fenoglio.
GHP Realty, formed in 1999, recently announced the purchase of the Carriage Hill North property, its sixth deal since its inception. The firm now has a presence in Westchester and Rockland counties in New York, Fairfield County, Cty., and in Northern New Jersey. Officials with the firm estimate that the company will own and manage more than 750,000 sf of space by year's end.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
