Greenwich Hospital to lease at 900 King St.
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- December
- 20
Greenwich Hospital in Connecticut has agreed to lease 29,500 square feet at 900 King St. in Rye Brook for administrative offices.
Christopher O’Callaghan, executive director of Cushman & Wakefield, said the building is within three miles of the hospital but the rent is less than what the hospital could find in Greenwich. Greenwich Hospital will pay $25 a square foot, versus the $45 average in its own neighborhood, he said.
The building is owned by Wafra, a Kuwaiti investment group that bought it in 2001. Gre900 King St. has 201,000 square feet, and the 10-year hospital lease brings it to full occupancy, he said.
Wafra offered a discount on the lease in order to fill the building, O’Callaghan said. Cushman & Wakefield represented both the hospital and the landlord in the deal.
This entry was posted
on Wednesday, December 20th, 2006 at 5:26 pm by Jerry Gleeson.
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