Fellah of HK Group sells 370 Westport Avenue for $2.95 million

Franco Fellah, executive vice president at HK Group finalized the sale of the property at 370 Westport Ave. for $2.95 million. The 4,413 s/f two-story building sits on a 0.35 acre lot zoned Business 2: the only tenant is Bankwell, with their newly built drive-thru branch. Bankwell Financial Group is publicly traded on NASDAQ under the ticker BWFG. The seller was 370 Westport Avenue, LLC, the buyer was The Beach House, LLC. The transaction was part of a 1031 Exchange. Attorney Steven Siegelaub of Berkowitz, Trager & Trager in Westport represented the seller and attorney Steven Baron in Stamford represented the buyer. Fellah was the sole broker involved in this real estate transaction.