July 2022: GHP Office Realty, LLC, is pleased to announce that it has been engaged to exclusively market for sale 20 Saugatuck Avenue in Westport, CT. The property, which is 100% leased, is being listed for $7,500,000. The 17,500 square foot mixed-use building is located on 1.65 acres in the prestigious waterfront section of Westport. The location is unmatched as it is less than 0.5 miles from 1-95 as well as the Metro-North Railroad Station and is minutes from the Merritt Parkway and US-1.

The trophy property is currently 100% leased to four tenants consisting of a mix of education & office users, including The Goddard School of Westport.  The property boasts 70 parking spaces.

Heading up the assignment for GHP are Brendan Hickey and Rachel Greenspan. The current owner spent a substantial amount of capital over the recent years to bring the previously vacant building in to the modern, eye-catching property it is today. This now state-of the-art building has been successfully repositioned due to the extensive gut renovation.  All units display large floor to ceiling windows. This is a rare opportunity for an investor to purchase a long-term fully leased property with all new building mechanical equipment.