The Latest Real Estate News:Connecticut Post
A Manhattan hedge fund firm that invests in financially distressed companies is planning to move in May.
Restoration Capital Management LLC has leased the 5,400-square-foot third floor of 325 Greenwich Ave., in downtown Greenwich. Retailers Simon Pearce and Great Stuff occupy the first floor of the 22,000-square-foot building.
Pamela Lawrence of Greenwich, managing principal of Restoration Capital Management, said the company looked at office buildings in Greenwich and Stamford before choosing its new home.
"We wanted to be close to the train station," Lawrence said. "It's a really attractive space. I really like the location and so does my partner. We can walk to a lot of stores and restaurants."
Restoration Capital Principal Ivona Smith and Lawrence co-founded the firm in March 2001. It has assets under management of about $630 million and invests in public and private companies with a total value of a little less than $2 billion.....
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