Louis Zuckerman and Patrick Colwell of CBRE Group’s Westchester/Fairfield operations arranged the $4.8 million sale of the building and improvements located at 800 Post Road in the heart of Downtown Darien, CT. The team represented the seller, Hawthorne Realty, in the negotiations, and procured the buyer.

Conveniently located within walking distance to the Darien train station and within easy access to I-95, 800 Post Road is a three-story office and retail property that is currently fully leased. Two tenants occupy the ground floor retail space, while medical/professional office tenants are on floors two and three. JEM Holdings, a New York based investment company with local ownership acquired the property as a long-term investment.

“The buyer assumed the ground lease ownership of 800 Post Rd. with a terrific investment opportunity,” notes Mr. Zuckerman. “Given the property’s solid tenant base, as well as its central location at the epicenter of Downtown Darien, it was a can’t miss investment.”

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.