{"id":1004339468,"date":"2019-07-19T01:18:31","date_gmt":"2019-07-19T09:18:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004339468"},"modified":"2019-07-19T01:18:31","modified_gmt":"2019-07-19T09:18:31","slug":"jv-buys-connecticut-office-for-34m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/","title":{"rendered":"JV Buys Connecticut Office for $34M"},"content":{"rendered":"<div id=\"attachment_1004339471\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004339471\" data-attachment-id=\"1004339471\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/181-harbor-drive\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"181 Harbor Drive\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;181 Harbor Drive&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg?w=800\" class=\"wp-image-1004339471 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004339471\" class=\"wp-caption-text\">181 Harbor Drive<\/p><\/div>\n<p>A joint venture between The Melohn Group and Drake Street Partners has acquired 181 Harbor Drive, a 91,040-square-foot Class A office building in Stamford, Conn. Rubenstein Partners sold the asset for $33.5 million. The sale was subject to a $22.5 million loan provided by Natixis, according to Yardi Matrix data. CBRE represented the seller and procured the buyer.<\/p>\n<p>The building, located within the 17-acre, 6-building, 780,445-square-foot Shippan Landing waterfront office campus, currently serves as the headquarters of Vineyard Vines. Freedom Boat Club is also a tenant, Yardi Matrix data shows.&nbsp;The building was constructed in 1982 and was most recently renovated in 2019 and provides access to the amenities of Shippan Landing, such as a fitness center, a beer garden, volleyball, basketball and bocce courts and a cafeteria. Additionally, the office building is near Interstate 95 and around 2 miles from downtown Stamford.<\/p>\n<p>Rubenstein Partners will continue to own the remaining five offices within the campus. The firm plans to invest $40 million in capital improvements, which will bring new lobbies, building systems and outdoor collaborative space. Besides these, in June, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/rubenstein-buys-ct-office-tower-for-163m\/\">invested&nbsp;$163 million<\/a> in an office tower located in Stamford\u2019s central business district.<\/p>\n<p>CBRE\u2019s team included Vice Chairman Jeffrey Dunne, Senior Vice President Steven Bardsley and Senior Investment Analyst Travis Langer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rubenstein Partners sold a 91,000-square-foot property, located within the six-building Shippan Landing waterfront office campus in Stamford. The asset serves as Vineyard Vines&#8217; headquarters.<\/p>\n","protected":false},"author":871,"featured_media":1004339471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,10,21747],"tags":[32789,33939,36039],"class_list":["post-1004339468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-northeast","category-office","tag-cbre","tag-jeffrey-dunne","tag-rubenstein-partners-lp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JV Buys Connecticut Office for $34M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JV Buys Connecticut Office for $34M\" \/>\n<meta property=\"og:description\" content=\"Rubenstein Partners sold a 91,000-square-foot property, located within the six-building Shippan Landing waterfront office campus in Stamford. The asset serves as Vineyard Vines&#039; headquarters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-19T09:18:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/\",\"name\":\"JV Buys Connecticut Office for $34M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\",\"datePublished\":\"2019-07-19T09:18:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/181-Harbor-Drive.jpg\",\"width\":800,\"height\":620,\"caption\":\"181 Harbor Drive\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-buys-connecticut-office-for-34m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JV Buys Connecticut Office for $34M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\",\"name\":\"Evelyn Jozsa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"caption\":\"Evelyn Jozsa\"},\"description\":\"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. 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