Parc Grove Apartments Sold In Stamford

STAMFORD, CT — CBRE, a real estate company, announced on Tuesday the sale of Parc Grove Apartments, a 402-home community located in Stamford at 200 Broad St.

According to a news release, the CBRE team of Jeffrey Dunne, David Gavin, Gene Pride, Jeremy Neuer, Steve Bardsley and Eric Apfel represented a global real estate investment advisor, while also procuring the buyer, Pacific Urban Residential LLC.

The community, located in the heart of downtown Stamford, features spacious apartments as well as expansive and newly upgraded amenities and common areas, including a clubroom with fireplace lounge, resort-style pool, two-story fitness center and cross training room, indoor basketball court and garage parking.

Residents can enjoy convenient access to countless restaurants, retailers, employers and entertainment venues within a short walk. The community provides three levels of apartment finishes, providing the buyer with an opportunity to upgrade units over time.

"The offering represented a highly unique opportunity to buy a 5+ acre site, representing a full city block in the heart of Downtown Stamford," said Dunne in a news release. "In addition to its excellent location and amenities, Parc Grove offers two large courtyards and incredible outdoor space, a rare amenity in a downtown setting such as this."

CBRE Institutional Properties is currently marketing for sale Glenview House, a 146-unit apartment community in Stamford; and Harbourside SONO, a 129-unit newly developed apartment community in Norwalk, among other locations in the tri-state area.