A three-building property has sold in Stamford.
The buildings at 700, 850 and 860 Canal St. in Stamford were sold by a partnership between Greenwich-based Contrarian Capital Management and New York-based ClearRock Properties to Mountain Development Corp. of New Jersey, Gottesman Real Estate Partners of Texas and ClearRock Properties.
The 247,310-square-foot waterfront complex is in the city’s South End section, in the 82-acre Harbor Point community.
The 89,637-square-foot 700 Canal St. is a recently renovated former industrial building, with a new two-story glass box lobby, new exterior lighting, common areas, elevator cabs/systems, HVAC systems and landscaped parking area. With 67,673 square feet, the building at 850 Canal St. has a formal front-to-back lobby and individual retail suites on one side of the ground floor, and 860 Canal Street, with 90,000 square feet, includes a marina with 1,000 linear feet of dock space.
“The properties’ location, unique architecture and leasing potential made it a high-demand investment opportunity,” Doug Winshall of ClearRock said in a statement.
Cushman & Wakefield brokered the sale.
The sellers declined to release the sale price of the complex.




