Garza and Wettenstein of Vidal/Wettenstein broker 4,290 s/f industrial sale for $465,000

Stratford, CT The industrial property located at 261 Masarik Ave. has been sold to Straton Industries. The 4,290 s/f building sold for $465,000 or just over $108 per s/f. David Cremin, president of Straton owns the industrial property next door for its manufacturing business and purchased the property for future expansion.

According to Cremin, “The building will be used to expand the company’s on-going precision machining operations.”

The building had originally been used for an electrical contractor and more recently by a plumbing business.

Silvester Garza and Bruce Wettenstein, SIOR of Vidal/Wettenstein handled the transaction for both buyer and seller.