News: Connecticut

Kornreich of Angel Commercial completes $3.9 million sale - 6,617 s/f building

950 Post Road East - Westport, CT

Westport, CT Angel Commercial, LLC completed the sale of 950 Post Rd. East, for $3.9 million. The 6,617 s/f building on 0.67 acres was previously the home of Men’s Warehouse.

Eva Kornreich, vice president at Angel Commercial, LLC, who represented both parties in this off-market transaction, said, “This sale demonstrates the continued strength of Westport’s retail real estate market, as the sale price represents a full-price offer secured within minimal time after reaching out to our network with this off-market opportunity.”

950 Post Rd. East has visibility with 165’ linear feet of frontage on Rte. 1 and is accessible. It is near I-95 and retail destinations, including Starbucks, Crate & Barrel, Patio.com, and a Maserati dealership. Built in 1989, the building is handicap accessible, with surface parking in front of the building and garage parking beneath the building.

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