55 Railroad Ave., Greenwich, CT
Acquired in late 2004 from Hines 55 Railroad Ave is probably one of the best located small office buildings on the East Coast of the United States. This four story 131,000 Class 'A' office building with 307 car parking spaces 277 of which are below grade, is located directly across from Greenwich Railway Station (Metro North) and within walking distance of the exclusive shop and restaurants of Greenwich Ave. Recently extensively refurbished to a very high standard
by Hines, No 55 provides first class office space that is accentuated by a beautifully landscaped courtyard.
In June 2007 Willett
sold 55 Railroad Ave to Kensico Properties of New
York for $142.5M a record price for a suburban
office building in the US. The IRR on the
transaction was in excess of 40% generating an
exceptional return for Willett's investors.
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