Newmark Grubb Knight Frank (NGKF) has been selected as the exclusive leasing agent at 330 Railroad Avenue in Greenwich, Connecticut.
Richard Granoff, of Granoff Architects, and partner Jeffrey B. Mendell, of Greenwich Development Partners, recently acquired the building and have committed to extensive renovations to reposition the property as a three story, 25,000 s/f Class A office property.
Located two blocks from Greenwich train station, the iconic buildingis located at 330 Railroad Avenue, a short walk to retail and dining on the Avenue and one block from an I-95 entrance ramp.
Prior to the building’s purchase, Connecticut Light & Power, now Eversource, used the property as a maintenance and repair facility. “Granoff Architects has been looking for a building to call its own for over a decade,” said Granoff. “The right opportunity finally presented itself here in downtown Greenwich.”
The renovation will produce a state-of-the-art Class A office building with a contemporary style that merges with its industrial roots — a distinctly different offering as compared to the more traditional suburban office properties in the surrounding submarket.
The industrial “bones” of the building will be retained to keep the character and charm of exposed brick and 12-14 foot ceilings, but in most other respects the building will be completely reimagined.
There will be new windows, restrooms, elevator, HVAC, electrical service, plumbing, fiber-optic wiring, LED lighting and ea rooftop solar installation. With LEED gold certification pending, 330 Railroad Avenue aims to be the most environmentally friendly office building in Greenwich.
“With its new distinct and contemporary loft-style office space, 330 Railroad Avenue will be unique in the Greenwich market and have a look and feel similar to high-tech conversions that are occurring in Soho, Tribeca, and Brooklyn,” commented Murphy.
Granoff Architects expects to occupy most of the first floor as its headquarters beginning in January 2017, leaving 17,000 s/f of space available for lease, including the entire top floor of over 12,000 s/f.
NGKF’s Executive Vice President and Managing Director James Ritman and Managing Director Allan Murphy will manage leasing for the property.