WYSIWYG
Waterway Family Funds, an affiliate of Waterway Capital, has closed on its acquisition of 8 & 10 Wright Street, a Class A office complex in Westport, Conn. Currently over 90 percent leased, 8 & 10 Wright Street consists of two office buildings totaling 83,964 square feet. The property features unmatched views of the Saugatuck River and is within a five-minute walk to the high-end retail and dining options in downtown Westport. Major tenants at the property include UBS, Regus Corporation, Berkowitz, Trager & Trager, Energy Income Partners, and Ameriprise Financial.
Waterway Family Funds is an affiliate of Waterway Capital, a FINRA/SEC-registered broker-dealer and investment bank specializing in lease-backed structured finance. Waterway Family Funds partners with developers, owners and corporate clients to invest in creditworthy real estate. Drawing on our extensive experience managing private equity funds, we manage the entire investment process.
See below for a link to aerial drone footage of the property:
Why did we change our name? Earlier this year, the ownership of Bostonia Global Securities reorganized and our team expanded to include the William Blair Commercial Real Estate Finance Team. The William Blair team, which is made up of seasoned professionals, brings many decades of experience and adds to our already robust team.
Waterway Capital LLC will continue to serve our valued clients from our Boston headquarters and newly expanded Chicago and New York offices. As pioneers in the lease-backed securities industry, we are proud of our leadership position and look forward to continuing to innovate and grow with you.
About Waterway Capital
Waterway Capital is a FINRA/SEC-registered broker-dealer and investment bank providing customized debt solutions for developers and owners of commercial real estate with a focus on Credit Tenant Loan (“CTL”) financing, sale-leasebacks and structured debt products across various asset classes. With decades of experience, the Waterway team has closed over $10 billion in transaction volume and has built a reputation for advancing the industry with innovative ideas. Collaborate with confidence with the CRE finance experts.