WILTON: The home of the Omnicom Group in town and the northeastern of Enterprise Rent-A-Car has sold. The 52,500 square foot one-story office and flex building located at 131 Danbury Road sold for $9.225 million.
Omnicom (OMC) is a long-time tenant in the building and is one of the world’s largest global marketing and corporate communications companies and employs more than 74,000 people worldwide. The company recently entered into a long term lease renewal and have invested several millions of dollars upgrading their space.
The property was purchased by a Westchester County based real estate holding company and the purchase completed a 1031 tax free exchange for the group. GHP Office Realty of White Plains sold the property. GHP Office Realty is a division of Houlihan-Parnes Realtors, LLC which is presently one of the New York area’s leading owners, operators and purchasers of suburban New York commercial space.
The seller was represented by Elizabeth Smith of Goldberg Weprin Finkel Goldstein, LLP and title was arranged by Jim Maloney of The Great American Title Company. The purchaser was represented by Bill Anson of RM Friedland LLC.