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July 26, 2021 / 2021 Power 25 Real Estate

2021 Power 25 Real Estate: Geoffrey Sager

Geoffrey Sager isn’t well-known to the general public, mostly because he rarely, if ever, talks to the media.

But he’s a prolific Greater Hartford developer, particularly when it comes to building medical office buildings in the town of Farmington, where his firm is based.

According to Metro Realty’s website the company owns and manages over 30 properties, including multifamily, medical office, industrial and traditional office space.

Metro Realty has been particularly active building more than a half-dozen medical office properties along “medical row” on Farmington Avenue in Farmington. One of the latest to debut was a 34,000-square-foot property at 10 Birdseye Road, which is anchored by Hartford HealthCare’s Tallwood’s Men’s Health.

Geoffrey Sager

He’s also been actively acquiring properties in the town, including a 14,384-square-foot office building at 111 South Road in March, purchased for $1.1 million.

One of his most recognizable current projects is a controversial plan to build a 146-unit apartment complex in Farmington, near the UConn Health campus. Sager bought the land a few years ago and pitched the development earlier this year, in hopes of satisfying the needs of nearby employers, which have complained about a lack of nearby housing.

However, the plan has received major opposition from some deep-pocketed neighbors, who have funded a multifaceted campaign to prevent the project from gaining approval, arguing the site was never intended for high-density housing, among other things.

Sager is active in other Greater Hartford communities as well having built luxury apartments in West Hartford and South Windsor.

His firm is also involved in a mixed-use development in South Windsor across from Evergreen Walk called the Gateway Boulevard development.

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