{"id":1004772508,"date":"2025-09-24T02:00:56","date_gmt":"2025-09-24T10:00:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004772508"},"modified":"2025-09-24T02:00:58","modified_gmt":"2025-09-24T10:00:58","slug":"cbre-im-sells-connecticut-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-im-sells-connecticut-office-campus\/","title":{"rendered":"CBRE IM Sells Connecticut Office Campus"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a4dbd911df58&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"749\" data-attachment-id=\"1004772509\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbre-im-sells-connecticut-office-campus\/stamford-towers\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Stamford-Towers.jpg\" data-orig-size=\"1000,749\" 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=\"Stamford Towers\" data-image-description=\"&lt;p&gt;image received via mail.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The two-building campus is within the city&#8217;s central business district. Image courtesy of Real Capital Solutions and Lamar Cos.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Stamford-Towers.jpg?w=1000\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Stamford-Towers.jpg\" alt=\"Exterior shot of Stamford Towers, an office campus in Stamford, Conn.\" class=\"wp-image-1004772509\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Stamford-Towers.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Stamford-Towers.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Stamford-Towers.jpg?resize=768,575 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The Stamford Towers campus is within the city&#8217;s central business district. <em>Image courtesy of Real Capital Solutions and Lamar Cos.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>A joint venture between Real Capital Solutions and Lamar Cos. has acquired Stamford Towers, a 332,000-square-foot office property in Stamford, Conn. CBRE Investment Management previously owned the two-building asset, according to Yardi Research Data.<\/p>\n\n\n\n<p>The transaction marks RCS\u2019 first purchase in the state, as well as Lamar\u2019s first office deal this cycle. At the time of sale, the complex was 78 percent leased, with tenants including Citigroup, Oaktree Capital Management and H\/2 Credit Manager.<\/p>\n\n\n\n<p>The campus previously traded in August 2017, when a joint venture between SL Green and TH Real Estate sold it for $97 million. At the time of sale, it was the city\u2019s largest office deal of the year.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/cre-investors-gear-up-for-september\/\">CRE Investors Gear Up for Greater Activity<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Located at 680 and 750 Washington Blvd. within the city\u2019s central business district, the property is close to Stamford Transportation Center and Interstate 90. Lower Manhattan and downtown New Haven, Conn., are within 41 miles.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-two-building-stamford-campus\">A two-building Stamford campus<\/h2>\n\n\n\n<p>Completed in 1989 and 1990, the 11-story buildings underwent renovations in 2015. The mid-rise at 680 Washington Blvd. spans 132,477 square feet and has floorplates averaging 18,617 square feet, as well as about 400 parking spaces and a fitness center.<\/p>\n\n\n\n<p>The other building, totaling 192,939 square feet, is LEED Silver-certified and has floorplates averaging 27,278 square feet. Additionally, the facility has almost 580 parking spots. The campus also has a basketball court, conference center, on-site caf\u00e9 and renovated lobbies.<\/p>\n\n\n\n<p>Founded in 1972, CBRE Investment Management has a portfolio comprising $155.3 billion in assets under management. Earlier this year, the firm <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-im-sells-orange-county-office-asset-for-42m\/\">sold 2600 Michelson<\/a>, a 310,925-square-foot office building in Irvine, Calif., for $42 million.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two-building property underwent renovations in 2015.<\/p>\n","protected":false},"author":3355,"featured_media":1004772509,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742,10,21747],"tags":[51764,40892,37909],"class_list":["post-1004772508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest","category-northeast","category-office","tag-cbre-investment-management","tag-lamar-companies","tag-real-capital-solutions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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