Ivy Realty

Stamford, Conn., Office/Retail Property Sold

Thursday, September 06, 2007

An affiliate of Seaboard Properties has purchased One Atlantic St., an 81,491-square-foot property with office and retail space in Stamford, Conn.

Seaboard, a Stamford investment firm that earlier in the summer sold two office properties in the city, along with a marina, bought the eight-story One Atlantic from entities controlled by Ivy Realty, a Montvale, N.J., investor that was represented in the sale by CB Richard Ellis' New York tri-state region institutional group. Seaboard is said to have paid $21.5 million for the property.

One Atlantic is listed in the United States Historic Register and sits at the corner of Atlantic and Broad streets. It is next to a new Marriott Courtyard hotel and a recently completed retail center occupied by Target and Citibank. It is across the street from Stamford Town Center, the Ferguson Library and Landmark Square, highly visible properties in the city.




			Stamford, Conn., Office/Retail Property Sold Thursday, September 06, 2007 An affiliate of Seaboard Properties has purchased One Atlantic St., an 81,491-square-foot property with office and retail space in Stamford, Conn. Seaboard, a Stamford investment firm that earlier in the summer sold two office properties in the city, along with a marina, bought the eight-story One Atlantic from entities controlled by Ivy Realty, a Montvale, N.J., investor that was represented in the sale by CB Richard Ellis' New York tri-state region institutional group. Seaboard is said to have paid $21.5 million for the property. One Atlantic is listed in the United States Historic Register and sits at the corner of Atlantic and Broad streets. It is next to a new Marriott Courtyard hotel and a recently completed retail center occupied by Target and Citibank. It is across the street from Stamford Town Center, the Ferguson Library and Landmark Square, highly visible properties in the city.
				< back to news menu >