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45°
Thursday, dec 19
Tag:
Alan Glick
Business
Sold! Stamford Office Complex Acquired For $12.4M
A two-building, 128,000-square-foot office complex in Stamford has been sold to Silverback Development for $12.4 million. The property at 1111-1117 Summer St. is currently 50 percent occupied, according to this report by Westfair. Spanning an entire city block, the 1.58-acre site recently underwent a $2 million renovation. The six-story structures were updated with new hallways, lobbies and public spaces. Silverback now owns five buildings in downtown Stamford, including 777 Summer St., 733 Summer St. and 612 Bedford St. Silverback's team is working on about 2 million square feet in develo…