Downtown Stamford Office Complex Sold for $12.5 Million

STAMFORD, CT—Silverback Development announced that it has acquired a three-building 92,000 square foot office complex in downtown Stamford for $12.5 million.

The complex is located at 777 Summer Street, 733 Summer Street, 612 Bedford Street adjacent to the city’s retail hub, restaurant row and judicial district. It is Silverback's first acquisition outside of New York City.

Some tenants of the buildings include Bankwell Financial Group, Wells Fargo, Edward D. Jones, The First Bank of Greenwich and several major law firms.

“As a growing number of people seek to live and work in transit-oriented locales, Stamford has become one of the hottest markets in the Tri-State Area,” said Josh Schuster, founder and managing principal of Silverback Development. “We’re extremely excited to add these properties to our rapidly expanding portfolio. The location within the city’s vibrant downtown and the proximity to Manhattan provide unmatched potential for successful investment.”