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Chappaqua Crossing Retail Center Sold for $80M

Chappaqua Crossing Retail Center Sold for $80M
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'Post-pandemic test': Available Danbury office building pitched as appealing alternative to NYC

Post-pandemic test : Available Danbury office building pitched as appealing alternative to NYC Alexander Soule FacebookTwitterEmail The Lee Farm Corporate Park at 83 Wooster Heights Road in Danbury, Conn., in February 2021.Alexander Soule/Hearst Connecticut Media The owner of a trophy building overlooking Danbury Municipal Airport is seeking $45 million for the property more than 40 percent above the purchase price less than four years ago. The sale price is something of a test on the appeal of offices at the outermost commuter orbit of New York City during the era of the coronavirus. Lee Farm Corporate Park is home to the Connecticut half of IQVIA’s dual headquarters office the other is in Charlotte, N.C. with the company among the largest employers based in Connecticut. IQVIA had about 1,000 employees in Danbury prior to the pandemic forcing remote working arrangements, according to city documents. The company reported 70,000 employees globally entering this year.

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