Simone Development Companies and Fareri Associates Join with Numisma Bank to Celebrate Ribbon Cutting at One Sound Shore Drive, Greenwich
Photo Credit: Natasha Miller, Tashography LLC
GREENWICH, CT — October 21, 2024 — Simone Development Companies and Fareri Associates joined with Numisma Bank, elected officials, and business leaders to celebrate the ribbon cutting ceremony at Numisma Bank’s global headquarters at One Sound Shore Drive in Greenwich, CT.
Numisma Bank signed a lease for 4,100 square feet in 2023. Simone Development Companies and Fareri Associates were represented by Newmark’s Allan Murphy, James Ritman, and Janey Steinmetz alongside in-house leasing and legal teams. Numisma Bank was represented by Newmark’s Ben Goldstein.
“We are delighted to celebrate the ribbon cutting at Numisma Banks’ global headquarters at One Sound Shore Drive. This property offers a prime location for Class A office users with close proximity to downtown Greenwich, I-95, and the Cos Cob train station,” said Joanna Simone, Principal and President of Leasing and Property Management Operations for Simone Development Companies.
“We are happy to have our office here at One Sound Shore Drive. It’s a convenient and well-suited location, and we are pleased to be in this space,” said Matthew Hurlock, Chief Administrative Officer of Numisma Bank.
Among the state and county political leaders speaking at the event were Governor Ned Lamont, Commissioner of Banking, Jorge Perez, Commissioner of the Department of Economic and Community Development, Daniel O’Keefe, and First Selectman of Greenwich, Fred Camillo.
One Sound Shore Drive is a 65,000-square-foot Class A multi-tenant corporate office building. Convenient, striking and highly visible, this beautifully landscaped 3-story building features a Wi-Fi lounge, outdoor seating, and ample indoor and outdoor parking. There is direct highway access adjacent to Exit 4 off of I-95. The building is within walking distance to the Cos Cob train station with easy access to downtown Greenwich shops, restaurants and banks. The property is currently undergoing interior cosmetic renovations and there are just two remaining office suites available: 1,277 square feet of space on the first floor and 4,763 square feet on the second floor.
PHOTO CAPTION: From left, Senator Ryan Fazio, CT Dept of Banking Commissioner Jorge Perez, Senator Patricia Miller, Governor Ned Lamont, Numisma Bank Chief Executive Officer Vivek Tyagi, Cynosure Partners Managing Director Randal Quarles, CT Dept of Consumer Protection Commissioner Dan O’Keefe, Numisma Bank Chief Administrative Officer Matthew Hurlock
About Simone Development Companies
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of healthcare, mixed-use, office, industrial, retail, and residential properties. Headquartered at the Hutchinson Metro Center, it boasts a portfolio of over 7 million square feet throughout the Bronx, Manhattan, Queens, Long Island, Westchester County, Orange and Fairfield Counties and New Jersey. With expertise spanning acquisition, development, construction, finance, asset management, accounting, leasing and property management, Simone Development Companies is set apart by its vertically integrated management team, long-term asset ownership and its pursuit of visionary development.
Fareri Associates, LP, of Greenwich, is a family owned and operated real estate investment and construction company focusing on development and re-development of office, retail, mixed-use and residential properties primarily in Fairfield County, Connecticut and Westchester County.
Numisma Bank is a preeminent global distributor of U.S. banknotes positioned for reliable, responsive, and efficient delivery of banknotes to its high-quality global client base. Numisma Bank is an appropriately capitalized U.S. (Connecticut) chartered and regulated bank with direct access to the Federal Reserve System including master account and cash services.
Arsen’s Gym Leases 9,000 SF at Simone Development Companies’ 316 Courtland Avenue in Stamford, CT
STAMFORD, CT – October 8, 2024 – Simone Development Companies has announced that Arsen’s Gym has signed a new, long-term lease for a 9,000 square-foot fitness facility at 316 Courtland Avenue in Stamford, CT. The new gym is Arsen’s sixth location and will feature a range of equipment, including cardio machines, boxing bags, free weights, and cable machines.
Simone Development Companies was represented by in-house leasing and legal times along with Kevin Langtry from RM Friedland, who also represented the tenant in the lease.
“We are very pleased to welcome Arsen’s Gym to our property at 316 Courtland Avenue,” said Josh Gopan, Vice President of Leasing for Simone Development Companies. “This addition complements our existing fitness-oriented tenants at the property, including Advanced Therapy & Performance and Empowered Aerial Fitness. Arsen’s Gym is a valuable asset to the local community and will enhance the overall fitness landscape and offering in the area.”
The new lease brings occupancy to 95% at the property, with just two remaining spaces available for 2,508 square feet and 3,500 square feet, respectively. The 115,453-square-foot building offers flexible layout options, an elevator to the second floor, and abundant parking with 243 spaces. 316 Courtland Avenue is also conveniently located just a mile from I-95 and a half-mile from the Glenbrook train station.
Intricate Bay Partners Signs Long-Term Lease at One Sound Shore Drive in Greenwich, CT
GREENWICH, CT (September 18, 2024) – Simone Development Companies and Fareri Associates announced that Intricate Bay Partners signed a long-term lease totaling 2,021 square feet of executive and administrative office space at One Sound Shore Drive in Greenwich, CT.
One Sound Shore Drive, Greenwich, CT
Simone Development Companies and Fareri Associates were represented by Newmark’s James Ritman and Allan Murphy alongside in-house leasing and legal teams while Newmark’s Janey Steinmetz represented Intricate Bay Partners.
“We are very pleased to welcome Intricate Bay Partners to their new Greenwich location at One Sound Shore Drive,” said Joanna Simone, President of Leasing and Property Management Operations at Simone Development Companies. “Given our close proximity to I-95, the Cos Cob train station, and downtown Greenwich, we feel that this is a prime location for Class A office users in the area.”
The property is currently undergoing interior cosmetic renovations and there are just two remaining office suites available: 1,277 square feet of space on the first floor and 4,763 square feet on the second floor.
One Sound Shore Drive is a 65,000-square-foot Class A multi-tenant corporate office building. Convenient, striking and highly visible, this beautifully landscaped 3-story office building features a Wi-Fi lounge, outdoor seating, and ample indoor and outdoor parking. There is direct highway access adjacent to Exit 4 off of I-95. The building is within walking distance to the Cos Cob train station with easy access to downtown Greenwich shops, restaurants and banks.
Summit Health Signs Long-Term Lease Renewal and Expansion at 644 West Putnam Avenue in Greenwich, CT
Greenwich, CT – July 11, 2024 – Simone Development Companies and Fareri Associates announced that Summit Health has signed a long-term lease renewal and expansion totaling 19,853 square feet of medical office and urgent care space at 644 West Putnam Avenue in Greenwich, CT.
Summit Health will renew its existing 14,243-square-foot space on the ground and second floors while adding 5,610 square feet on the second floor.
Simone Development Companies and Fareri Associates were represented by Newmark’s Tim Rorick alongside in-house leasing and legal teams while Cushman and Wakefield’s Kevin J. McCarthy represented Summit Health.
“We are thrilled to expand our relationship with Summit Health at 644 West Putnam Avenue,” said Joanna Simone, President of Leasing and Property Management Operations at Simone Development Companies. “This expansion underscores our shared commitment to accessible and comprehensive healthcare for the communities we serve, as the property’s strategic location in the Greenwich area makes it a vital hub connecting Connecticut, New York, and the Tri-State region.”
Summit Health is a physician-led, patient-centric healthcare network covering every stage of life and health condition through high-quality primary care, specialty care, and urgent care in New Jersey, New York, Connecticut, Pennsylvania, and Central Oregon.
First Student, Leading School Bus Company, Renews Lease for 31,000 Square Feet at 316 Courtland Avenue, Stamford
STAMFORD, CT (November 2023) — Simone Development Companies has announced that First Student, North America’s leading school bus transportation company, has renewed a lease for 31,000 square feet of space at 316 Courtland Avenue, a 115,453-square-foot property in Stamford featuring warehouse/R&D and office space.
Both ownership and First Student were represented in-house.
“316 Courtland Avenue is the ideal facility for First Student, providing modern flexible space in a convenient location that is less than a mile from I-95 and the Glenbrook Metro-North train station,” said Josh Gopan, Vice President of Leasing for Simone Development Companies.
As a leading school transportation solutions provider in North America, First Student delivers reliable, quality services, including full-service transportation and management, special-needs transportation, fleet electrification, route optimization, and scheduling, maintenance, and charter services with a fleet of more than 44,000 vehicles.
316 Courtland Avenue property features include 1.1-acres of outdoor storage space, clear span warehouse space with ceiling heights from 12 to 17 feet, an elevator to the second floor of the office space, 9 drive-in bays, abundant parking with 243 total spaces and ample power. Other tenants in the building include Beacon Sale Acquisition, Advanced Therapy Performance, Amphenol Corp., and Empowered Aerial Fitness.
About Simone Development Companies
Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of healthcare, mixed-use, office, industrial, retail and residential properties. Headquartered at the Hutchinson Metro Center, it boasts a portfolio of over 7 million square feet throughout the Bronx, Manhattan, Queens, Long Island, Westchester County, Orange and Fairfield Counties and New Jersey. With expertise spanning acquisition, development, construction, finance, asset management, accounting, leasing and property management, Simone Development Companies is set apart by its vertically integrated management team, long-term asset ownership and its pursuit of visionary development.
One Sound Shore Drive
One Sound Shore Drive
Greenwich, CT
One Sound Shore Drive is a 65,000-square-foot Class A multi-tenant corporate office building that is the former headquarters of the American Tobacco Company. Convenient, striking and highly visible, this beautifully landscaped 3-story office building features a Wi-Fi lounge, outdoor seating, and ample indoor and outdoor parking. There is direct highway access adjacent to Exit 4 off of I-95. The building is within walking distance to the Cos Cob train station with easy access to downtown Greenwich shops, restaurants and banks. One Sound Shore is owned in partnership with Fareri Associates, LP, a Greenwich-based real estate investment and development firm.
