News: Connecticut

Zakos of Vidal/Wettenstein brokers three commercial sales for $4.075 million - including 631-643 Danbury Rd. sold for $1.9 million

101 Gulf Street - Milford, CT

Wilton, CT Scott Zakos, associate broker of Vidal/Wettenstein, LLC negotiated three sales of commercial properties totaling $4.075 million.

The properties include:

631-643 Danbury Road - Wilton, CT

 

25 Grant Street - Bridgeport, CT

• 631-643 Danbury Rd. a 12,000 s/f building on one acre, formerly Calico Corner, sold for $1.9 million.

• 25 Grant St., Bridgeport, a 43,000 s/f industrial building on six acres, formerly Alpha Distributors, sold for $1.7 million.

• 101 Gulf St., Milford, a 4,300 s/f industrial office building, sold for $475,000. Zakos represented the buyer Discount Fence Co. in the transaction while John Bergin of H. Pearce Co. represented the seller.

All three buyers are users and acknowledged a lack of quality buildings for sale in the market.

Zakos said “I am always looking for industrial inventory as this sector of commercial real estate continues to appreciate.”

MORE FROM Connecticut
Connecticut

Example Story Title CT 1

Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe