Prominent Stamford Office Building Acquired By Real Estate Investment Company

STAMFORD, CT — HB Nitkin Group, a real estate investment company based in Greenwich, has acquired Metro Center, a prominent office building located at 1 Station Place in Stamford. Newmark announced the sale of the property, which is directly adjacent to Stamford’s Amtrak and Metro-North station.

The acquisition of the 280,589-square-foot Class A office property reflects continued confidence in Stamford’s downtown office market, according to Newmark. Metro Center has been recognized for its boutique scale, structured parking, amenity offering, and transit-oriented location.

Adam Spies and Kevin Welsh of Newmark arranged the sale on behalf of the undisclosed seller. Christopher Kramer, Chris Lozinak, and Jordan Roeschlaub also arranged a $51.8 million acquisition loan for the buyer, led by Knighthead Funding.

Following the acquisition, Metro Center has secured new leasing commitments. Robinson + Cole, a regional law firm, and Roth Capital, an investment bank, are among the new tenants. Newmark will continue to serve as the exclusive leasing agents for the property, a role it has held since 2019.

HB Nitkin Group plans to invest in the property with several improvements. These include upgraded tenant interiors, prebuilt suites, a redesigned arrival experience and lobby, modernized amenities, and enhanced parking facilities. These initiatives aim to elevate Metro Center’s position as a leading boutique office building in Stamford, offering convenience, quality, and direct connectivity to the adjacent train station.