Iconic Depression Era Property Changed into Upscale Office Building after Purchase
By
330 Railroad Ave. in Greenwich, Conn.
Greenwich, Conn.—330 Railroad Avenue LLC, a partnership between Rich Granoff and Jeff Mendell, purchased a historic industrial building for $8.3 million. The transaction was mediated by Colliers International. The property, located at 330 Railroad Ave. in Greenwich, Conn., will be converted into a 3-story, 25,000-square-foot high-end office space with sustainable energy facilities.
“The seller was looking to consolidate its various locations to create efficiencies in its local footprint, while the buyer saw an opportunity to take a Depression Era industrial property with great infrastructure and transform it into something unique for the modern office market”, said Enzennio Mallozzi, Managing Director at Colliers International. Mallozzi, along with Colliers International Executive Managing Director Jeff Williams and Associate Hollis Pugh, represented both the seller and the buyer…
Iconic Depression Era Property Changed into Upscale Office Building after Purchase
