Stamford, CT – Cushman & Wakefield announced today that the firm has arranged the sale of The Darien Playhouse located at 1077 Boston Post Road in Darien, CT. Pear Partners LLC purchased the property for $11,300,000.
A Cushman & Wakefield team of Al Mirin, Kate Schwartz, Matthew Torrance and Jodie Dostal represented the seller in the transaction.
“The Darien Playhouse is an iconic property which has defined downtown Darien for over 90 years and continues to do so because of its well-known upscale tenancy,” said Al Mirin, Cushman & Wakefield Executive Managing Director.
Prominently featured in downtown Darien, CT, The Darien Playhouse is a 20,996± SF theater building which had been converted into well-appointed retail space that preserves the building’s vintage architecture and benefits from a central location surrounded by upscale restaurants, boutiques and several highly recognizable retailers.
This iconic building, which is notably sited along the Boston Post Road/Route 1 (140’± frontage—13,600± VPD), is ideally located in the epicenter of Darien less than a minute from both Interstate 95 (Exit 11) and the Darien Metro-North Train Station.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
