Marcus & Millichap, a leading commercial real estate brokerage firm, successfully facilitated the sale of the Nolan Thomas Portfolio in Greenwich, CT. The portfolio consists of four buildings totaling 47,256 square feet and sold for $19 million.
Represented by Stephen Westerberg from Marcus & Millichap’s Manhattan office, the seller faced challenges due to multiple family owners with different tax and estate needs. However, with our expertise and guidance, we were able to assist them in divesting this century-old asset.
The unique offering attracted a large pool of interested buyers who submitted multiple qualified offers for the property. Ultimately,the buyer acquired an irreplaceable asset in one of Greater Greenwich’s most desirable locations.
Conveniently located near Old Greenwich Metro-North Railroad station and easily accessible from Interstate 95,the portfolio features 17 retail storefronts,a single-story warehouse spanning over 11K square feet,and a mix of office suites and apartments totaling ten units each.
This successful transaction highlights our commitment to providing exceptional service to clients while navigating complex deals like this one involving multi-family ownership structures.
