Kensico Properties has purchased 200 Greenwich Avenue, a mixed-use building in Greenwich, Connecticut, for $67m. Totaling 62,850 sq ft, the property is anchored by Saks Fifth Avenue on the ground floor and Compass on the second floor. Additional high-end retailers at the property include Sweaty Betty, Fjallraven and Vilebrequin.
“The property’s strong rent roll with additional upside, combined with its 159-space on-site covered parking garage, a rare amenity on Greenwich Avenue, will provide the purchaser with stable income for years to come,” said Jeffrey Dunne of CBRE’s National Retail Partners, which brokered the deal.
