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.