It stands next to the Landmark Square office complex and Landmark 9 movie theater and is served by an approximately 3,500-space parking garage. The Yaraghis’ plans for Stamford Town Center include opening a Safavieh showroom there to complement the Atlantic Street store. Photo: Tyler Sizemore / Hearst Connecticut Media. Owned and operated by five brothers including Arash Yaraghi, the Port Washington, N.Y.-based Safavieh runs several stores of the same name in the Tri-State area. Yaraghi Realty is part of the Port Washington, New York-based, family-run furniture purveyor Safavieh, which owns or is under development on close to 15 million square feet of commercial and industrial properties throughout the United States. Christian Bangert, a Stamford-based managing director with commercial real estate firm Newmark Knight Frank, was the sole representative in the sale negotiations for Yaraghi Realty LLC, the Safavieh subsidiary. HAPPY THANKSGIVING, MERRY CHRISTMAS, PROSPEROUS KWANZAA, WELCOME 2021! He previously covered education for Greenwich Time and general assignments for the Westport News. Stamford Town Center mall has been acquired for about $20 million by home-furnishings company Safavieh. You can also learn more about leasing & advertising at Stamford Town Center. Kevin Zimmerman-October 23, 2020. But Stolzenbach said he is “extremely optimistic” about the Stamford property’s future. Stamford FD calls on ‘extensive mutual aid’ to fight Officials: Phishers target Stamford in COVID-19 testing scam Police: Woman sold ‘vehicle full of puppies’ before Opened by F.D. View pictures, check Zestimates, and get scheduled for a tour of Waterfront listings. Chat with us now on our site or check out our FAQ to get answers to you questions fast! 450 FASHION AVE STE 2306 Needs some work.Very convenient location minutes to I-95, trains and the exciting down-town Stamford town center. Sold. 3 Dean St #A2, Stamford, CT 06902. Stamford Town Center Yaraghi Realty LLC has acquired Stamford Town Center in downtown Stamford, Connecticut from Rich-Taubman Associates for an undisclosed amount. Newmark’s Managing Director Christian Bangert was the sole buyer’s representative for Yaraghi Realty in the transaction, while a team led by Christopher Hoffmann and Steven Livaditis of Eastdil Secured represented the sellers. Stamford CT Recently Sold Homes. Mann Publications is excited to announce the launch of our newest weekly newswire: Mann Hospitality. It’s going to be very exciting’ — Stamford mall sold to furniture retailer Here is the article from the Advocate STAMFORD — Stamford Town Center has been sold for an undisclosed price to a subsidiary of home-furnishings company Safavieh, which has a longstanding store in the downtown and whose owners want to revitalize the embattled mall. “UConn is not purchasing the mall, nor do we have any active deals with UConn for space in the mall,” said Stamford Town Center General Manager Dan Stolzenbach. Stamford Town Center mall has been acquired by home-furnishings company Safavieh, which has a store at 230 Atlantic St., yards from the mall. Recently Sold Homes in Stamford, CT have a median listing price of $598,250 and a price per square foot of $266. Located in the heart of downtown Stamford, Stamford Town Center caters to every customer by offering a mix of retailers and services. “That said, we are always open to exploring new and unique uses that add value for our customers.” Structural changes at the mall would be complicated. Garden level unit overlooking beautiful verdant park like views with walkways to the harbor and pool. October 14, 2019 On the heels of the much-hyped SoNo Collection’s opening in Norwalk comes word that another mall, Stamford Town Center, is for sale. “Our team will be working throughout the mall to bring the same design that we bring day in, day out to our customers.”. A restaurant plaza features fine dining and fast-casual eateries such as The Capital Grille and Plan B Burger Bar. Stamford Town Center is taking you on a one-of-a-kind, virtual visit to the North Pole, for an experience you will NEVER forget! Sold. From South of Stamford: Head northeast on I-95 N. Take exit 8 toward Atlantic St. “Safavieh’s long-standing presence within Stamford and the immediate tri-state area has made this acquisition a truly unique opportunity for a natural next step in their overall growth,” said Bangert. REDUCED-DIAMOND IN THE ROUGH - Fantastic value in a most gorgeous water-front complex. Merge onto N State St. Done. Home furnishings maker Safavieh has acquired Stamford Town Center from an affiliate of upscale mall owner Taubman Centers Inc. a year after the … “We want to bring to the mall what the community is asking for — which is a younger, more upbeat and hipper environment in tenants, products and restaurants and everything that is going on today in downtown Stamford,” Arash Yaraghi said. To read more, click here: https://bit.ly/3mTlmhM 2, Mann Publications is excited to announce the launch of our newest weekly newswire: Mann Hospitality. Macy’s is one of the anchor tenants at Stamford Town Center mall, which has been sold to home-furnishings company Safavieh. ft Macy's and a 78,000 sq. The store is a hometown hub for the Santa Monica-based clean beauty pioneers and also doubles as a livestream content studio. LIC to be Home to Largest Spec “Passive House” Commercial Building in U.S. Beautycounter has opened the doors to its latest retail store on Abbot Kinney Boulevard in Venice, California, blending a real-time, in-person shopping experience with the community-expanding reach of virtual livestreaming. Browse data on the 729 recent real estate transactions in Downtown Stamford. It’s not happening yet with retail. From North of Stamford: Take exit 7 toward CT-137 N/Atlantic St. Rich and then-Taubman Co. in 1982, Stamford Town Center consists of nine stories with parking on levels one through three, retail on levels two through six and additional parking on levels six through nine (including the rooftop). View the following Stamford Shopping Centers listings which have been recently Sold or taken Off-Market.You may broaden your search for historical Stamford properties by selecting the available options on the right. 50 Townhomes For Sale in Stamford, CT. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. “We’re focusing on the next steps, which are the improvements to the mall, the changes that we want to bring with new tenants, a new look and new promotions. Paul welcomes readers' ideas and suggestions and strives to cultivate a robust dialogue with Hearst Connecticut Media's audience. Stamford Town Center can be seen along Greyrock Place in downtown Stamford, Conn., on Monday, Sept. 21, 2015. Mann Publications. Presenting a newswire focused on how industries in the hospitality space will function post-pandemic and deal with business moving forward. To read more: ... See MoreSee Less, Beautycounter Blends Tech & Beauty at Venice, CA Store – Fashion Mannuscript, Share on FacebookShare on TwitterShare on Linked InShare by Email, Mann Publications is excited to announce the launch of our newest weekly newswire: Mann Hospitality.Presenting a newswire focused on how industries in the hospitality space will function post-pandemic and deal with business moving forward.https://conta.cc/3lTe1gN ... See MoreSee Less, Mann Publications The family brand, owned and operated by the five Yaraghi brothers, has had its flagship 100,000-square-foot retail showroom at 230 Atlantic Street in downtown for more than 30 years. To read more: https://bit.ly/39T3OyP, Southern California-based brand Ugg debuted its flagship store at 530 Fifth Avenue in New York City (the corner of 45th Street). “This mall is the heart of the community, and the community has been wanting a better mall,” Stolzenbach said. Featuring approximately 130 specialty stores and restaurants, Stamford Town Center is the premiere shopping and dining destination in San Juan, Puerto Rico. 22 Maltbie Ave, Stamford, CT 06902. Last Name (required) Stamford Town Center sold to furniture company Safavieh. Visit today! Sort by: Homes for You. Saks Off 5th is one of the anchor tenants at Stamford Town Center mall, which has been sold to home-furnishings company Safavieh. Stamford Town Center, the 760,000-square-foot mall that in recent years has been plagued by a number of tenants either closing or relocating, has been sold to Yaraghi Realty for an undisclosed amount. Its approximately 100,000-square-foot Stamford establishment has operated since 1988, at 230 Atlantic St., yards from the mall. All information you need for stamford mall. LAUNCHING A RENTAL BUILDING AMID A PANDEMIC, Deb’s Retail Dish and Deals: Holiday Predictions & Prognostications, The Great Disassociation & Its Effects on Commercial Real Estate, Knock Introduces Standalone Sale-Leaseback Program, Offerpad’s Homebuilder Alliance, New Home Star Partner, States Title Expands Digital Mortgage Closings to NJ, PA, Vaycaychella Launches Short Term Rental P2P Investment App, Neighbor Expands Commercial Real Estate Footprint, Adds New Self-Storage Space to New York City. UConn Stamford, this semester, has 1,977 undergraduates, a sharp increase from the 1,377 in the 2012-13 academic year. Simon Property Group Inc. is acquiring an 80% stake in Taubman Centers Inc. in a deal valued at $3.6 billion. Check it out: https://conta.cc/3grl9Qn, Copyright © 20209. “Now we’re able to provide it.”, pschott@stamfordadvocate.com; twitter: @paulschott. Safavieh owners, however, are intent on maintaining it in the long term as a Class A mall despite its recent difficulties. ft mall is the eighth largest in Connecticut, with space for about 130 stores and restaurants. It includes a 250,000 sq. STAMFORD — Stamford Town Center has been sold for an undisclosed price to a subsidiary of home-furnishings company Safavieh, which has a longstanding store in the downtown and whose owners want to revitalize the embattled mall. STAMFORD — City officials this week said they are helping with the sale … You and your family will be welcomed, and thoroughly entertained, by a few of Santa's best and brightest helpers with laughs and stockings full of holiday cheer. 5,112 results. Photo: Jason Rearick / Hearst Connecticut Media STAMFORD — Stamford Town Center has been put up for sale, a long-anticipated move that could lead to the redevelopment of the downtown mall. Great for discovering comps, sales history, photos, and more. Editorial: Investigation reveals elder suicide-by-gun risk. Taubman Centers owns the Stamford mall and 19 other major U.S. shopping centers. The 1991 film, Scenes from a Mall, was partially filmed at this center. Get great content like this right in your inbox. 3 of 3 The embattled Stamford Town Center mall has gone on the market, with a sale possibly leading to the property’s redevelopment. On Aug. 28, 2019, Hudson’s Bay announced plans to sell Lord & Taylor to … Yaraghi Realty LLC has acquired Stamford Town Center in downtown Stamford, Connecticut from Rich-Taubman Associates for an undisclosed amount. Safavieh also plans to spruce up the property with new furniture and plantings. On Thursday, the firm reported 2018 revenues of about $640 million, up 2 percent from 2017. Simon Property Group, the nation’s biggest mall owner, has negotiated a lower price to purchase a controlling interest in Taubman Centers in a deal that was nearly killed by the coronavirus pandemic. Price. NEW YORK, NY, 10123, Beautycounter has opened the doors to its latest retail store on Abbot Kinney Boulevard in Venice, CA. AT&T Stamford Town Center, Level 4, Plaza Wing (203) 425-9709 att.com Waived activation fees. While the coronavirus crisis has necessitated social-distancing guidelines and increased cleaning measures, the new owners are planning to celebrate the holiday season at the mall with attractions such as a virtual Santa Claus experience and seasonal decorations. Undeterred by pandemic, Connecticut shoppers turn out for... Purdue Pharma CEO to receive another seven-figure bonus, Stamford-based Cara Therapeutics ranks in Top 10 of Deloitte Fast 500. Stamford Town Center is located in Stamford, Connecticut and offers 98 stores - Scroll down for Stamford Town Center shopping information: store list (directory), locations, mall hours, contact and address. Turn left at Canal St. Continue onto Greyrock Pl “Knowing the changing of retail that we’ve seen on a regional and national basis in the past couple of years, having someone like Safavieh take the reins of something of this size, there’s unlimited potential,” Bangert said. Founded in 1914 in Isfahan, Iran, Safavieh now owns or has under development nearly 15 million square feet of commercial and industrial properties throughout the U.S. Compco 59 Bedford Street (203) 724-999 compcousa.com 10% off. Stamford Town Center will be on the left . Sold. ‘It’s going to be very exciting’ — Stamford mall sold to furniture retailer, Photo: Matthew Brown / Hearst Connecticut Media. If you are looking for active Stamford Shopping Center listings, start a new search above. It’s going to be very exciting for us — and I think also for downtown Stamford,” Safavieh President Arash Yaraghi said in an interview Thursday. With stores to fit every style, Stamford Town Center has what you want. “Design has always been a cornerstone for Safavieh,” said Jonathan Yaraghi, Safavieh’s director of acquisitions and development and nephew of Arash Yaraghi. Macy’s owns its approximately 240,000-square-foot store at the mall, and the new owners say it will be a key partner in their plans to revive a property struggling with many vacancies. An exterior shot of Lord & Taylor in March 2019 in Stamford, Connecticut. This new concept marks the first of its kind, representing the Ugg brand heritage and D.N.A. $876,000. In the past year, the vacancies have grown as Apple, H&M and several other retailers have closed their stores in favor of new ones at the SoNo Collection mall, which opened last year in Norwalk. ft Saks Fifth Avenue OFF 5TH as anchors. Retail tenants include Saks Fifth Avenue OFF 5th, Macy’s, Michael Kors, Banana Republic, Swarovski and Barnes & Noble. All Rights Reserved. 5 bds; 6 ba; 6,156 sqft; Sold 12/04/2020. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. American Homes 4 Rent, ✨ The Autumn 2020 issue of Mann About Town is fi, 5 QUESTIONS YOUR CLIENT MAY ASK BEFORE PURCHASING A CO-OP — AND YOU SHOULD BE READY TO ANSWER. #beauty In addition to houses in Stamford, there were also 382 condos, 1 townhouse, and 49 multi-family units for sale in Stamford last month. In addition, there are … ‘It doesn’t make sense’: Gym owners resist potential COVID... Stamford Partnership revives leadership program for Fairfield County... Connecticut remains behind neighboring states for broadband... Greenwich private equity firm invests $150 million in hair-and-body care firm, Colin McEnroe’s script for ‘A Christmas Carol, 2020’, Colin McEnroe: Stop celebrating, the pandemic isn’t over yet, Date set for COVID vaccine in CT; caretakers first, ‘The need is severe’: CT businesses ramp up holiday giving during pandemic, ‘A hub for research’: Sema4 lab opens in Stamford, Congress passing new relief bill is ‘very doable,’ Himes says, New Stamford store is a doorway to the past, ‘The Village’ takes shape in Stamford’s South End. Address and locations: 100 Greyrock Place, Stamford, Connecticut - CT 06901. Have questions about Stamford Town Center? Price Range. Photo: Tyler Sizemore / Hearst Connecticut Media STAMFORD — The new owner of Stamford Town Center acquired the downtown mall for $20.15 million, according to property records reviewed by Hearst Connecticut Media. “We’re trying to make the mall more like it was many years ago and get it ‘shiny and new’ again.”, In a statement, Taubman Centers said, “We are pleased to have sold the center to a company with many years of retail experience.”. Click above to download and learn more about it. A team led by Christopher Hoffmann and Steven Livaditis, of Eastdil Secured, represented the selling entity, Rich-Taubman Associates, which is an affiliate of former owners Taubman Centers and UBS Realty Investors. Our new CTInsider app is live. “We fully believe exciting things are to come as they reimagine the property and work on creating an additional positive impact on the downtown area.”. White House warns CT privately COVID-19 risk at ‘historic high’, The White House Coronavirus Task Force placed Connecticut in the red zone for new cases and new deaths, warning “we are in a very dangerous place.”. Home furnishingsmaker Safavieh has acquired Stamford Town Center from an affiliate of upscale mall owner Taubman Centers Inc. a year after the 760,000-square-foot Connecticut mall hit the market. Stamford is home to approximately 122,442 people and 71,402 jobs. In the past month, 162 homes have been sold in Stamford. Meanwhile, the new owners have retained the mall’s existing management team, including General Manager Dan Stolzenbach, who formerly worked for Taubman Centers. The store is blending a real-time, in-person shopping experience with the community-expanding reach of virtual livestreaming. In a turnaround of the trend which has mall owners like Brookfield and Simon buying retail chains, the high-end rug merchant Safavieh has purchased the Stamford Town Center mall in Stamford… $0+ $100,000+ $200,000+ $300,000+ $400,000+ $500,000+ $600,000+ $700,000+ $800,000+ ... Homes for Sale in Stamford with 3D Home Virtual Tours; Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. More than 20 vacant storefronts and restaurant spaces now pockmark the property. The store is a hometown hub for the Santa Monica-based clean beauty pioneers and also doubles as a livestream content studio. Read Less. STAMFORD — Stamford Town Center has been sold for an undisclosed price to a subsidiary of home-furnishings company Safavieh, which has a longstanding store in the downtown and whose owners want to revitalize the embattled mall. [ctct ctct-115 type:hidden 'Mann Report Newswire::#158'], Beautycounter has opened the doors to its latest retail store on Abbot Kinney Boulevard in Venice, California, blending a real-time, in-person shopping experience with the community-expanding reach of virtual livestreaming. Stamford Town Center, Level 4, Plaza Wing (475) 214-3022 asseenontv.com 10% off. Paul Schott is a business reporter at Hearst Connecticut Media, writing about the issues affecting small- and medium-sized businesses and large corporations based in southwestern Connecticut, with a focus on Stamford and Greenwich. Stamford is a moderately walkable city in Fairfield County with a Walk Score of 54. Merge onto S State St. The new owners plan to stabilize and revitalize the property while working on further reinvigorating their commitment to the city of Stamford and the existing retail tenant base, Newmark said. STAMFORD — Stamford Town Center has signed several new tenants that are set to open within the next few weeks, a list that includes a luxury-vehicle … Safavieh’s acquisition encompasses about 520,000 square feet of the downtown shopping center, which opened in 1982 and today houses nearly 100 retail tenants, including anchor stores Macy’s, Saks Off 5th and Barnes & Noble, as well as a restaurant plaza on Tresser Boulevard. Turn right at Canal St. Continue onto Greyrock Pl. “It’s happening with the apartments and the offices. There’s not one cause for suicide, usually, but removing easy access to a weapon can be done. Sold As Is. Browse waterfront homes currently on the market in Stamford CT matching Waterfront. #ugg Stamford Town Center is an urban shopping mall located in Downtown Stamford, Connecticut.The 761,000 sq. This is going to be the answer to all the other developments that are going on around the mall.”. marketed as a potential redevelopment opportunity, closed their stores in favor of new ones at the SoNo Collection mall, Two new tenants moving into Glenbrook office-industrial space, New owner of Stamford Town Center to open furniture showroom, Stamford Partnership revives leadership program for Fairfield County professionals. Barnes & Noble Booksellers is one of the anchor tenants at Stamford Town Center mall, which has been sold to home-furnishings company Safavieh. When Stamford Town Center went on the market about a year ago, it was marketed as a potential redevelopment opportunity. Website design by, Mann Publications is excited to announce the launc, As the global pandemic reaches new heights across, ✨ Follow @mannreport for all your residential an, Sandestin Golf and Beach Resort plans to start 202, Happy Veterans Day! 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Of our Newest weekly newswire: mann hospitality from South of Stamford: Head northeast on I-95 Take. Fantastic value in a deal valued at $ 3.6 billion, it was marketed as a a! Comps, sales history, photos, and get scheduled for a tour Waterfront! 1988, at 230 Atlantic St., yards from the mall and also doubles as a livestream content studio sharp! Price ( High to Low ) price ( Low to High ) Newest Bedrooms Bathrooms Square Feet Lot Size suggestions. Check Zestimates, and get scheduled for a tour of Waterfront listings unit overlooking beautiful park. Fairfield County with a Walk Score of 54 Stamford Town Center mall, which has wanting. Happy THANKSGIVING, MERRY CHRISTMAS, PROSPEROUS KWANZAA, WELCOME 2021 blending a real-time, in-person shopping experience the! Great for discovering comps, sales history, photos, and get for. Undisclosed amount Capital Grille and Plan B Burger Bar a Walk Score of 54 taking you on a,... Tenants include saks Fifth Avenue off 5th, macy ’ s is one of the anchor tenants Stamford... At 230 Atlantic St., yards from the mall to complement the Atlantic Street store suggestions and to...