News: Retail

Angel Commercial sells 2407 & 2423 Fairfield Avenue for $1.05 million

Bridgeport, CT An investor has purchased 2407 & 2423 Fairfield Ave. for $1.05 million, according to Jon Angel, president of Angel Commercial, L.L.C.  

Zhao Yin Chen has acquired the 7,788 s/f building on 0.42 acre and the adjacent 0.35-acre parcel which was unimproved at the time of sale.

“The property sold relatively quickly,” said Angel who represented both parties in this transaction. “There was a long-term lease already in place, which increased the desirability of the asset.” A 24-hour laundromat currently leases the building.

Tags: Retail
MORE FROM Retail

Mace of KeyPoint Partners negotiates 36,192 s/f lease for The Picklr at Endicott Square

Danvers, MA KeyPoint Partners (KPP) negotiated a lease with the nation’s premier indoor pickleball venue The Picklr at Endicott Sq. Vice president of retail brokerage Don Mace negotiated the transaction on behalf of the landlord.

READ ON THE GO
DIGITAL EDITIONS
Subscribe