The firm reports it has closed on the purchase of: 1290 East Main Street, a 55,000-sf office building in Stamford, CT; The Colonial, a 65,000-sf medical office building at 560 Northern Blvd. in Great Neck (Long Island); and 179 Westmoreland Ave., a 65,000-sf industrial building in White Plains.

GHP's Chairman, James J. Houlihan, says, "The acquisition of these three buildings provides GHP Office (Realty) the opportunity to add three fully leased multi-tenanted assets in prime locations, all at significantly below replacement cost." No purchase prices in the three deals were reported.

GHP officials note that 1290 East Main Street is a Class A, fully occupied office building, located on the Stamford/Darien border. Built in 1986 by SCI Development, the building has a tenant roster that includes the corporate offices for Wahlstrom Publishing, a division of True North Communications, a worldwide advertising agency; the executive offices of Bartlett Tree Company; the U.S. headquarters of Norseland, Inc., which recently expanded and renewed its lease and the regional headquarters for Corporate Express.