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Hamilton Ave Property
CategoriesBuildings with New Opportunities (banks, theaters, dry cleaners)

UConn’s HREI Program Invests in V20 Group’s Hamilton Ave Property

By Noble House MG,

HREI: Building the Future of Real Estate Leadership

Launched in August 2024 with generous support through the UConn Foundation, the Hillside Real Estate Investors program is a groundbreaking initiative that empowers UConn undergraduate students to source, evaluate, and recommend real estate investments.

Students participating in the program gain invaluable, hands-on experience in real estate investment, working alongside industry leaders and mentors to make strategic decisions. With a focus on value-add and opportunistic investments, HREI prepares students to succeed in real-world scenarios while creating long-term benefits for the program’s fund.  HREI recently announced it’s first-ever limited partnership (L.P.) investment with V20 Group’s industrial property in Stamford, CT.

120 Hamilton Avenue: Strategic Investment for Future Growth

The 7-acre industrial-zoned property at 120 Hamilton Avenue, previously home to WWE’s film studio, represents a unique opportunity to address Fairfield County’s shortage of high-bay industrial space. V20 Group’s vision for this site includes the development of a high-bay warehouse, equipped with modern features designed for single or multi-tenant use.

CategoriesBuildings with New Opportunities (banks, theaters, dry cleaners)

V20 Group 2024 Year in Review

By Noble House MG,

As we wrap up 2024, we wanted to announce some of the highlights from this year.

V20 Group 2024 Year in Review

New Acquisitions

699 Canal Street

V20 Group successfully expanded its portfolio with two key acquisitions this year. One of the major highlights was the acquisition of 699 Canal Street, a vacant 84,000 SF retail property spanning 4 acres and almost 400 parking spaces in Stamford, CT, formerly occupied by Fairway Market before its bankruptcy in 2020. 

Purchased from the lender who had reclaimed the property, our plan is to revitalize the space with significant capital investment. Located in the desirable Harbor Point neighborhood, surrounded by thousands of residential units, the property is an ideal location for new tenants, and we’ve been in active discussions with several potential businesses eager to make it their new home.

120 Hamilton Ave

In early December, V20 Group acquired 120 Hamilton Ave, 7 acres of industrial-zoned land in Stamford, CT, previously home to a data center for WWE. This acquisition, part of WWE’s corporate real estate divestiture, presents a unique opportunity to repurpose the site. Our plan is to demolish the existing structure and develop a state-of-the-art industrial warehouse, maximizing the property’s potential for its highest and best use.

Disposition Activity

The V20 Group has successfully completed the sale of 550 West Avenue in Stamford, CT. The Property, a 55,000 SF shallow bay industrial building, is 100% leased at the time of sale to four tenants, reflecting the successful leasing and stabilization of the asset.

The V20 group acquired the property in 2022, when it was vacant, and undertook a comprehensive renovation to reposition and modernize the space. The renovation, which was completed in 2023, enhanced the building’s appeal to potential tenants, allowing the V20 Group to fully lease the Property in a competitive Stamford market.

 

The sale of 550 West Avenue marks another successful milestone in the V20 Group’s portfolio of real estate investments. This strategy fits with V20’s last two acquisitions in the last few months with purchases at 120 Hamilton Avenue and 699 Canal Street. With a focus on value creation and strategic redevelopment, The V20 Group continues to strengthen its position in the Stamford real estate market.

V20 Group 2024 Year in Review

Development Update

Development Update

Heights Crossing

 

Our Heights Crossing project is coming along smoothly and you can really see the project coming together. We are fully out of the ground and working on interior fit outs of the apartment units and retail tenants. The project should be complete and ready for occupancy at the start of Summer 2025!  

Looking Ahead to 2025

As we enter 2025, V20 Group remains committed to our strategic mission of acquiring out of favor assets, including blighted, lender-owned, and corporate-divested properties. By targeting these opportunities, we unlock significant value and achieve higher returns. 

 

Our focus is on repurposing these properties, investing capital to revitalize and reposition them for their highest and best use. This approach not only improves the assets but also positively impacts the communities in which they are located, turning underperforming properties into thriving, productive spaces.

CategoriesDarien Projects

V20 Group Acquires Industrial Property In Stamford, CT

By Noble House MG,
Darien, CT – December 4, 2024

Darien, CT – December 4, 2024 – V20 Group is pleased to announce the acquisition of a strategically located industrial-zoned property at 120 Hamilton in Stamford, Connecticut. This acquisition represents a significant expansion of V20 Group’s industrial presence in Stamford.

Joe Vaccaro, President and Partner of V20 Group, commented, “We are excited to grow our industrial portfolio in Stamford, CT, as demand for industrial space continues to rise in the area. Our success with the West Avenue industrial park has been tremendous, and we are eager to seize this new opportunity in Stamford.”

Previously, the property was home to WWE, who utilized the site as their film studio. The property spans nearly 7 acres and is ideally situated less than a mile from I-95.

V20 Group plans to develop a new high-bay warehouse and reintroduce the property to the market. The site will continue to be used for industrial purposes, and V20 Group is actively exploring leasing opportunities while working closely with potential tenants.

About V20 Group

V20 Group is known for its strategic investments, developing commercial real estate properties and unlocking value while bringing the properties to their highest and best uses. V20 Group’s portfolio includes industrial properties, mixed-use properties, and office and continues to expand into the retail sector. 

For more information about this acquisition or to inquire about leasing opportunities, please contact: joev@v20group.com.

Heights Crossing: Only 1 Year Away from Completion!
CategoriesHeights Crossing

Heights Crossing Is Less Than a Year Away from Completion!

By Noble House MG,

Exciting times are ahead as Heights Crossing in Darien is now less than a year away from completion! This amazing development combines luxury living and amenities with convenient shopping and location right in the heart of Darien. 

Progress Update

Construction is well underway at Heights Crossing, located in the former Noroton Heights Shopping Center. All buildings have been demolished, and site work is progressing swiftly. This multi-use development will not only feature residential apartments but also retail and commercial spaces, creating a vibrant community hub in Darien, Connecticut.

Join Us in This Exciting New Chapter

With the projected completion date now less than a year away, now is the perfect time to explore leasing options at Heights Crossing. The development features 65 beautifully designed apartments with options for one, two, or three bedrooms. Each unit features high-end appliances and access to fantastic amenities, restaurants, and a convenient location. 

View the floor plans and our site map to explore this luxury development in the heart of Darien. Don’t miss the opportunity to be part of this vibrant living and shopping destination. Click the link below to reserve your future home today. 

CategoriesDarien Projects

New Tenants at 9 Old Kings Highway South Office Building

By Noble House MG,

We’re excited to announce that two esteemed companies have recently leased space at 9 Old Kings Highway South: Westport Capital and CF Private Equity. Their arrival is a testament to the growing demand for high-quality office spaces in our portfolio. 

Defying Office Space Trends

Our Class A office building in downtown Darien has been making waves since its acquisition in September 2022. This 71,000-square-foot property, strategically located within walking distance of the Metro North train station and less than a block from Interstate 95, continues to stand out as a premier office space and defy bad office trends.

Key Improvements and Enhancements

Upon acquiring the building, V20 Group embarked on an ambitious capital improvement plan aimed at elevating the property’s value and appeal. The enhancements included:

  • Façade Upgrades: We replaced all the windows, giving the building a fresh, modern look that enhances its curb appeal.
  • Lobby and Entrance Renovations: The building’s lobby and entrance have been completely renovated to offer a welcoming and professional environment for tenants and visitors.
  • Modernization of Tenant Spaces: Significant tenant improvement packages have been implemented to upgrade and customize vacant suites, ensuring they meet the highest standards of modern office requirements.

Unique Features That Set Us Apart

Our Darien office building offers several unique features that make it a standout choice for businesses:

  • Full-Time Doorman: The building is the only office property in Darien with a full-time doorman, providing an added layer of security and convenience.
  • Backup Generator: This property includes a generator that ensures an uninterrupted power supply during severe weather or emergencies, adding to the building’s reliability.

Looking Ahead

As we continue to enhance our properties and meet the needs of our tenants, V20 Group remains committed to providing exceptional spaces that support business growth and success. The recent additions of Westport Capital and CF Private Equity reflect our dedication to delivering quality and excellence.

We appreciate the continued support of our partners and tenants and look forward to more milestones and achievements in the coming months. For more information about our properties and leasing opportunities, please visit our website or contact us directly.

 

CategoriesBuildings with New Opportunities (banks, theaters, dry cleaners)

V20 Group Acquires Retail Property In Stamford, CT

By Noble House MG,

Darien, CT – July 30, 2024 – V20 Group is excited to announce their recent acquisition of a retail property located at 699 Canal Street in Stamford, Connecticut. This acquisition marks a significant milestone for V20 Group’s portfolio as it continues to expand its Fairfield County commercial real estate footprint.  

V20’s President and Partner, Joe Vaccaro, said, “The City of Stamford’s continued growth and the demand for retail on the South End were driving forces for our investment in this property.” 

Formerly occupied as the Fairway Market, the property at 699 Canal Street spans 84,000 square feet and includes a spacious parking lot with 385 spaces. Situated in the rapidly growing South End of Stamford, the area boasts high demand for retail due to its significant residential developments.

V20 Group intends to keep the property as retail-oriented.  It is likely to remain a grocery-anchored location, perfect for specialty grocers, and has the potential for additional retailers like a liquor store or fitness center. V20 Group is currently exploring the leasing market to invite new tenants and is committed to working closely with prospective businesses.  

About V20 Group

V20 Group is known for its strategic investments, developing commercial real estate properties and unlocking value while bringing the properties to their highest and best uses. V20 Group’s portfolio includes industrial properties, mixed-use properties, and offices and continues to expand into the retail sector. 

For more information about this acquisition or to inquire about leasing opportunities, please contact: joev@v20group.com

CategoriesHeights Crossing

Heights Crossing Apartments Are Now Available for Lease!

By Noble House MG,

Exciting news for those seeking luxurious living in Darien, Connecticut: Heights Crossing apartments are now available for lease! This upcoming community, set to be completed in 2025, promises a blend of elegant living spaces and a vibrant mix of retail and dining options. Located just a short distance from Darien’s downtown, beautiful beaches, and the Metro North Station, Heights Crossing is poised to become a sought-after destination.

Discover Your Future Home In Darien

Prospective residents are encouraged to explore the floor plans and site map of Heights Crossing, a luxury development at the heart of Darien. This community will feature 65 well-appointed apartment spaces with high-end appliances and finishes. Choose from units with one, two, and three bedrooms, all designed to offer a feeling of home and comfort. Each apartment comes with covered parking, access to a gym, office spaces, and an event/lounge area, ensuring residents have everything they need right at their fingertips.

Prime Location and Convenience

One of the standout features of Heights Crossing is its prime location. Tenants will enjoy a short three-minute walk to the Noroton Heights Metro North Station, making commuting a breeze. Additionally, the new development will host a Goddard School, offering parents convenient daycare and early childhood development options. Heights Crossing will also feature four restaurants, including the critically acclaimed Grounds Donut House, as well as a variety of neighborhood retail options, making it a hub of activity and convenience.

Make Heights Crossing Your Future Home

Don’t miss the opportunity to be part of this vibrant living and shopping destination set to open in 2025. Heights Crossing is now leasing and accepting deposits, allowing prospective residents to secure their future homes in this exciting new community. Visit our website to explore the floor plans, view the site map, and reserve your apartment today.

CategoriesBuildings with New Opportunities (banks, theaters, dry cleaners) Heights Crossing

New Tenant Coming to Heights Crossing: Grounds Donut House

By Noble House MG,

V20 Group is thrilled to have Grounds Donut House as a tenant at Heights Crossing. Grounds Donut House joins an exciting roster of tenants, including more restaurant and retail options, as well as a Goddard School and Daycare. 

Grounds Donut House brings an edgy, punk rock-inspired store ambiance combined with an unparalleled donut experience that sets the stage for an adventure in flavor. You can indulge in their eclectic selection, featuring innovative creations like ice cream-injected donuts, Arnold Palmer Iced Tea, Fruity Pebbles, Boston Creme, and Chips Ahoy, among others. Beyond their boundary-pushing donuts, guests can savor their premium range of flavored coffees, bagels, and other beverages.

You can try them out at their two other locations in Danbury, CT, and the Bronx, NYC. If you are a Long Island native, you can try out their sister concept No Fo Do Co (North Fork Doughnut Co.) where they have 3 locations in Mattituck, Bay Shore, and Massapequa Park.

Learn More About the Heights Crossing Development

Heights Crossing is a sprawling 28,765-square-foot luxury multi-use retail and commercial development in the Noroton Heights area of Darien, CT. When completed in 2025, in addition to its retail and commercial tenants, Heights Crossing will feature 65 residential apartments equipped with upscale appliances, and premium finishes such as quartz countertops. 

Heights Crossing will be a commuter’s paradise with easy access to major highways and the Metro North Train Station. Tenants can enjoy close proximity to Darien’s sandy beaches, downtown eateries, shopping, and so much more. Learn more about Heights Crossing and all it has to offer on our website.

CategoriesHeights Crossing

Our Stamford Industrial Complex Is 100% Leased!

By Noble House MG,

We are proud to announce that our Stamford Industrial Complex is 100% leased! We started working on this project at the end of 2021 when we purchased an obsolete office building with a plan to convert it to industrial use. 

Three years later, we now have 5 buildings spanning 300,000 SF in the complex home to a dynamic number of tenants from different industries. This leasing milestone marks an exciting achievement in V20 Group’s commercial and industrial real estate development portfolio. Let’s learn more about the tenants occupying our West Avenue industrial complex in Stamford, Connecticut.

Dual Tenancy at 421 West Avenue Building 1

421 West Avenue Building 1 and 2 both used to be office space for FujiFilm before it became vacant. We embarked on construction at the end of 2021 and built a 75,000 SF, 34′ clear warehouse now called 421 West Avenue Building 1, and rehabbed the rear 19,700 SF building called 421 West Avenue Building 2. The newly constructed space now proudly hosts two distinguished tenants: retail outlet Anderson Windows and the state-of-the-art sports facility STM Fieldhouse. 

Showroom and Fulfillment Center at 421 West Avenue Building 2

421 West Avenue Building 2 is leased to ABCO HCACR Supply and Solutions. The building is positioned to serve a dual purpose, functioning both as an inviting showroom and an efficient contractor fulfillment center. 

The Transformation of 550 West Avenue

Our commercial property at 550 West Avenue went through a substantial renovation project that was completed at the end of 2023, optimizing every square foot of this 54,000-square-foot commercial property. Now fully leased, the property hosts an impressive array of tenants including Performance Imaging, BH Liquidators, Jornik Manufacturing, Vitaliy Construction, and Little Greene. The diversity of these tenants, ranging from digital imaging to eco-friendly paint manufacturers, underscores the property’s versatility and attractiveness to a broad spectrum of industries.

RPM Raceway's Home at 600 West Avenue

Nestled within the Stamford Industrial Complex, the 60,000-square-foot warehouse space at 600 West Avenue, constructed in 1999, stands out not just for its expansive layout but for its significant mezzanine space, adding a unique architectural element. This property is home to RPM Raceway, a premier go-cart and entertainment facility. With a multi-year lease in place, RPM Raceway offers an exhilarating recreational experience within the complex. 

Diverse Occupancy in 421 West Avenue Building 3

At the heart of our Stamford industrial complex stands 421 West Avenue Building 3, a robust 60,000-square-foot warehouse constructed in 1998. This expansive space has attracted a dynamic mix of tenants, including LaserShip, a leading last-mile delivery service catering to the e-commerce sector. Occupying a substantial 40,000 square feet, LaserShip’s operations are a testament to the growing demand for efficient delivery solutions. Complementing this modern logistic powerhouse is Greenwich Living Design, which utilizes the remaining 20,000 square feet. 

If you’re interested in learning more about our real estate developments at V20 Group, visit our website. 

CategoriesHeights Crossing

An Inside Look at the Heights Crossing Development

By Noble House MG,

Heights Crossing is among one of our most exciting multi-use retail and commercial developments. Take a look at this recent footage of the Heights Crossing construction site and the exciting progress that’s being made!

The Noroton Heights Crossing development will feature 65 residential apartments, as well as retail and commercial space that will include four restaurants, two retail storefronts, and its very own Goddard School. 

The estimated timeline for construction is to have retail tenants ready for opening in 2025, followed by the completion of residential units in mid-2025. Visit our website to stay updated on this exciting new development in Darien.