Stamford Medical Building Sells for $71M
About this episode
Stamfords Long Ridge Corridor sees a significant medical real estate deal: a three-story, 200,000 sq. ft. building sold for $71M, marking a substantial increase from its appraised and assessed values. The buyer, connected to Kayne Anderson, and seller, linked to Carl and Paul Kuehners firms, highlight Stamfords growing appeal for medical real estate investors.
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Hartford News Today | 2 Min News | The Daily News Now! — Stamford Medical Building Sells for $71M. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 17th, from your city to your ears. This is Hartford News today, powered by AI. A huge medical office building in Stanford's Long Ridge corridor just changed hands for $71 million. This three-story spot at 260 Long Ridge Road covers nearly 200,000 square feet and sold according to city land records. The buyer, Stanford 260 MPRK7 LLC, connects the medical property 7JB LLC and shares an address with Florida real estate firm Cain Anderson, who didn't respond the calls. On the seller side, 260 Long Ridge Land LLC links to CRK holding and PJK holding, run by Carl and Paul Keener, the chairman and CEO of building, and land technology. Built back in 1970, the property got appraised at $39.3 million and assessed at $27.5 million. In 2024, making the sale a solid jump above those numbers. Deals like this highlight Stanford's strong pull for medical real estate investors with
values climbing fast in the corridor.
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