Darien Office Building Sold To V20 Group

DARIEN, CT — A 71,000 square-foot office building in downtown Darien was recently sold to V20 Group, a Darien-based real estate developer and owner. The purchase price was not disclosed.

The property is located at 9 Old Kings Highway South. The three-story structure is a "Class A" office building that is located within walking distance of Darien’s Metro-North train station and is less than a block from Interstate-95.

The building is the only office property in Darien that employs a full-time doorman and also has a generator that provides power to the building if electricity is out during severe weather, a news release said.

A V20 Group spokesperson said in a news release that V20 plans to set aside a substantial budget for capital improvements to the building. Improvements would include work on the common corridors, the entrance to the building, and a modernization to the overall aesthetic appearance of the building.

V20 said 84 percent of the building is occupied by six tenants. Portfolio Advisors occupies the most space in the building, followed by Alter Domus. Other current tenants include Goodnow Investment Group, Tulane Endowment, Michael Allen and Northern Right Capital.

The future plan is for V20 to occupy offices within the building. Another new tenant announced for the property is CoreOne Industrial, which will begin leasing space in 2023.