Sendero Capital & TPG Angelo Gordon Acquire Office Asset From BostonHP, LLC For $19.1M In Stamford

The transaction involves an office asset located at 1281 East Main Street in Stamford, CT. The sale, which took place on December 20, 2024, was finalized for $19,100,000. The property encompasses a total square footage of 73,060, translating to a price per square foot of $261.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19,100,000
• Sale Date: 12/20/2024
• Address: 1281 East Main Street
• Market: Stamford, CT
• Square Footage: 73,060
• Price Per Square Foot: $261
• Buyer: Sendero Capital & TPG Angelo Gordon
• Seller: BostonHP, LLC
• Brokerage: CBRE
• Brokers: Brannan Knott, Christopher (Chris) Bodnar, Jeffrey Dunne, Steven Bardsley & Travis Langer

CBRE played a significant role in facilitating the transaction, representing both the seller, BostonHP, LLC, and the buyers, a joint venture formed by Sendero Capital and TPG Angelo Gordon. Their collaboration indicates a coordinated approach in the execution of the deal.