Holly Pond Plaza, Stamford
A team of brokers recently handled the sale of Holly Pond Plaza in Stamford for nearly $12.8 million. Jeffrey R. Dunne and Patrick J. Bisceglia of CB Richard Ellis’ New York Tri-State Investment Team represented 1281 East Main Street Assoc., an entity controlled by Rand Real Estate, in the sale of the plaza at 1281 East Main St. The team was also responsible for procuring the buyer, Seaboard Properties.
Holly Pond Plaza is a 66,000-square-foot office building located on Holly Pond near the Darien town line. The property is comprised of 7 total stories, with 3 stories dedicated to parking. The four floors of office space are currently 100 percent leased to a diverse roster of tenants, including DKR Capital, which has 23,247 square feet; Craig M. Ferguson & Co., which has 8,406 square feet; and JDA Software Group, which has 6,030 square feet. The building offers immediate access to Exit 9 of Interstate 95 via the Boston Post Road, and Route 137/104 enables direct connection to the Merritt Parkway via Exit 34.
“Holly Pond Plaza is a stable, waterfront property that is poised to enjoy continued success based on its diverse tenancy and strategic commuting location directly off of Interstate 95 near the Darien town line,” Dunne said.
Kelleher to Lead Board
Gov. M. Jodi Rell recently appointed the president and chief executive officer of Danbury-based Cendant Mobility as chairman of Connecticut’s Transportation Strategy Board.
“This appointment by Gov. Rell is truly an honor,” said Kevin Kelleher, Cendant’s top man and the board’s new chairman. “I am privileged to serve the great state of Connecticut in this capacity. The economic and social significance of the state’s transportation system cannot be overstated. Gov. Rell recognizes this, and as a longtime Connecticut resident, I share the governor’s continued commitment to addressing the crucial transportation challenges facing our state.”
The TSB was created in 2000 to help formulate a comprehensive transportation plan for the state. Kelleher will succeed current TSB Chairman Oz Griebel, who has served as chairman since the TSB’s inception.
“Oz served the board with great distinction for many years,” Kelleher said. “He understood that transportation is in many respects the lifeblood of our state and used this understanding to help drive the TSB’s important efforts thus far. I look forward to working with the governor and members of the TSB to build on his impressive record as chairman.”
As TSB Chairman, Kelleher’s key priorities will be to create a transportation system that continues to attract and retain businesses while protecting the environment and maintaining safety.
Kelleher has served as a corporate member of the advisory board of the Major League Baseball Players Alumni Association and on the board of directors of the Inner City Foundation for Charity and Education. He has been actively involved at Fairfield University and The United Way and has been a key player in the Connecticut Minority Supplier Development Council Trade Expo and Business Opportunity Fair.
Park Space Subleased
Kevin C. Geenty, president of The Geenty Group, Realtors, in Branford, recently subleased 1,000 square feet of high-quality office space at 6 Business Park Road in Old Saybrook, located in the Old Saybrook Business Park.
Geenty represented the landlord, Infiltrator Systems. The tenant, Robert DeLisa of human resources consulting business The DeLisa Group, was represented by Thomas F. DeLisa of Thomas F. DeLisa Inc.
