V20 Group Expands Industrial Footprint in Stamford, CT
Deal News | Dec 05, 2024 | EIN
V20 Group, a real estate investment firm known for its strategic investments, has announced the acquisition of an industrial-zoned property at 120 Hamilton in Stamford, Connecticut. The property, previously used by WWE as a film studio, spans nearly seven acres and is located less than a mile from Interstate 95. Joe Vaccaro, President and Partner of V20 Group, expressed excitement about the acquisition, noting the strong demand for industrial space in Stamford. This move is part of V20 Group's broader strategy to expand its industrial portfolio in the region, building on its success with the West Avenue industrial park. The company plans to develop a new high-bay warehouse on the site and is actively pursuing leasing opportunities with potential tenants.
Sectors
- Real Estate
- Industrial
Geography
- United States – The acquisition and activities described in the article are taking place in Stamford, Connecticut, USA.
- Connecticut – Connecticut is the specific state where the industrial property acquisition by V20 Group is located.
Industry
- Real Estate – This industry is relevant because the article is about V20 Group's strategic investment in an industrial property as part of its real estate portfolio expansion.
- Industrial – The article discusses the acquisition of industrial-zoned property, indicating a focus on the industrial sector within real estate.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| V20 Group | Buyer | Company | A real estate investment firm that focuses on strategic investments and developing commercial properties. |
| Joe Vaccaro | President and Partner | Person | President and Partner at V20 Group, involved in the expansion and acquisition strategy of the company. |
| WWE | Seller | Company | Former owner of the property, which was used as a film studio. |