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CBRE Closes Sale of Former Charter Communications HQ in Stamford
CBRE closed the $72-million sale of 400 Atlantic St., a value-add, 508,043-square-foot office tower in Stamford, CT.
Jeffrey Dunne, Steven Bardsley, Jeremy Neuer and Travis Langer of CBRE’s Institutional Properties Group, in collaboration with Meredith LaPier of Advisory and Transaction Services, represented the seller, Spectrum Stamford, LLC, which is managed by Charter Communications, Inc. CBRE also procured the buyer, a partnership between George Comfort & Sons and AVG partners.
The former world headquarters for Charter Communications, 400 Atlantic St. became available following Charter’s completion of its 875,000-square-foot, two-building campus at 400 Washington Blvd.
The 30% leased, 14-story train-centric building is located on the southeast corner of Atlantic Street and Tresser Boulevard in the Stamford CBD, less than a five-minute walk to the Stamford Train Station as well as 50-plus restaurants and five of the newest residential developments in Stamford.
- ◦Sale/Acquisition
