The Carriage Hill North property is 100% occupied and is locatedin Westport, which has a low office vacancy rate and now has askingrental rates that are approaching $50 per sf. Thelender--Nationwide Insurance--was represented by Holiday,Fenoglio.
GHP Realty, formed in 1999, recently announced the purchase ofthe Carriage Hill North property, its sixth deal since itsinception. The firm now has a presence in Westchester and Rocklandcounties in New York, Fairfield County, Cty., and in Northern NewJersey. Officials with the firm estimate that the company will ownand 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.
