55 Post Road West

Active Portfolio
Partner: Homewood Real Estate Partners

55 Post Road West in Westport, CT is a long-term office investment. This 38,000 SF, single-tenant building is located at “Main & Main” in one of the highest quality suburban office markets in the New York metropolitan area. At closing in 2011, ClearRock and its partner assumed an attractive in-place loan and a below-market lease that had 6+ years of remaining term. As expected, the tenant vacated in 2017; the building is currently undergoing a significant renovation and will be re-leased as a multi-tenant Class A office building upon completion in mid-2018. The plan is to hold this asset long-term.