News: Connecticut

Fischer Commercial Real Estate sells 150,000 s/f for $307,000

Derby, CT For the second time in three years, a 2-story, 150,000 s/f industrial building on 2 acres at 150 Roosevelt Dr. in Derby has been sold by Fischer Commercial Real Estate. 

The sale price was $307,000. Alan Fischer, CCIM, SIOR, represented the seller and Cynthia Tsokalas of Fischer represented the buyer.

After a portion of the building is demolished to create better onsite parking, the New York-based buyer will relocate his aquarium business into the newly renovated space and begin offering excess space for lease.

MORE FROM Connecticut

Highcap Group brokers $41.1 million sale of two building multifamily portfolio

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.

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