79 East Putnam Ave, Greenwich CT
SEPTEMBER 2020 – GHP Office Realty, LLC, is pleased to announce that it has been engaged to exclusively market for sale 79 East Putnam Avenue in Greenwich, CT, also known as the historic Outdoor Traders Building. The 19,640 square foot mixed use retail/office building is located on southwest corner of East Putnam Avenue (US Route 1) and Sherwood Place, is easily accessible from the Merritt Parkway and I-95, is minutes away from Greenwich Avenue and sits across East Putnam Ave. from Whole Foods and the Greenwich YMCA.
The property is currently occupied by 13 tenants consisting of a mix of both retail and office users, including such credit tenants as Edward Jones Company, US Bank and IMPAX Asset Management. There is also 28 vehicle onsite parking lot directly behind the building, a rarity in downtown Greenwich.
Heading up the assignment for GHP are Andy Greenspan, Principal, and Jamie Schwartz, Executive Vice President. Schwartz stated “The seller has owned 79 East Putnam Avenue since 2005 and has invested in many capital upgrades including; renovation of the common areas, repaving/re-stripping the parking lot, installation of new HVAC units and skylights, re-siding/re-painting the building, new and updated landscaping as well as the pouring of new concrete sidewalks. We believe that this historic property, being available for purchase for the first time in fifteen years, is a great opportunity for an investor and/or user who wants to acquire a quality mixed use building in the heart of Greenwich, CT.”