CBRE Announces $16.5 Million Sale of 2001 West Main Street and 30 Myano Lane in Stamford, Conn.

CBRE announced the $16.5 million sale of 2001 West Main Street and 30 Myano Lane, an office complex leased largely to medical and professional tenants in Stamford, Conn. Jeffrey Dunne, Steven Bardsley and Stuart MacKenzie of CBRE’s Institutional Properties Group represented the owner, Collins Enterprises LLC., in the sale. The team also procured the buyer, HB Nitkin Group, a prominent regional commercial real estate owner.

2001 West Main Street and 30 Myano Lane is a two-building, 83,957-square-foot medical and professional office complex with excellent frontage along West Main Street (U.S. Route 1).  Situated along the Greenwich border, the property is conveniently located between Greenwich Hospital and the new $450 million Stamford Hospital, providing easy access for healthcare providers that are tenants at the property. The complex is currently 91% leased; the tenant roster contains over 50% of medical-office related tenants.

“2001 West Main Street and 30 Myano Lane are very well located, situated immediately off of I-95 at Exit 6 and within minutes of Stamford Hospital. The location incentive, coupled with the tight availability in Stamford’s medical office market, which has a sub-10% availability rate, bodes well for HB Nitkin’s investment,” said Dunne, a Vice Chairman at CBRE. 

CBRE Institutional Properties has a number of attractive investment opportunities including: Landmark Square in Stamford, Connecticut, an iconic 815,921± square-foot seven building office complex; 42 Old Ridgebury Road, a 61,653± SF office building in Danbury, CT; The Source, a 260,866± square-foot a high-volume grocery anchored retail center at 99% occupancy in downtown White Plains, New York; and Crystal Lakes, a 106,345± square-foot building in West Orange, NJ.