Westport, CT- Vidal Wettenstein LLC announces the recent sale of 877 Post Road East in Westport, CT for $10.5 million. This 30,000 SF two-story retail/office plaza was developed and locally owned and operated since 1970 by Rosenfeld Realty & Development. 877 Post Road East is strategically located at the four-way signalized intersection of the Post… [Read More]
News
Vidal/Wettenstein Brokers the Sale of Fairfield Property
Fairfield, CT, It was announced today that the multi tenanted office building at 95 Reef Road in Fairfield, has been sold to 1222 Wisconsin Ave. LLC, an investor which purchased the property via a 1031 exchange sale. The 7,326 square foot building is located at one of the finest locations in Fairfield, walking distance to Metro-North… [Read More]
Connecticut Healthcare of Shelton Relocates to 1 Trap Falls Road
Shelton, CT, It was announced today that Connecticut Healthcare presently located at 4 Research Drive, will be relocating their offices to 1 Trap Falls Road in Shelton. The company is a privately owned non-medical agency which offers long term care to their clients. The firm offers a wide range of services including personal care, companionship… [Read More]
Vidal/Wettenstein LLC Is Excited to Announce the Addition of Silvester Garza
Vidal/Wettenstein LLC is excited to announce the addition of Silvester Garza to the veteran commercial real estate firm. Silvester grew up in Bridgeport, CT and has worked in both the jewelry and insurance industries and brings with him an impressive track record. Within his first year of working in real estate, Silvester facilitated several closings… [Read More]
BLOG | The Benefits of Smart Buildings
Currently, buildings consume 30% of the world’s energy. Creating a more efficient energy system within these buildings, it could go a long way in conserving energy and saving money across the planet. HVAC systems have the capabilities of detecting a change in time, temperature and environment that could adjust accordingly, but that is just a… [Read More]
The Doyle Agency Purchases Fairfield Office Building
Fairfield, CT, The Doyle Insurance Agency has purchased an office building at 45 Sherman Street in Fairfield Connecticut. The purchase price was $1,375,000 for the 3,406 square foot building and back cottage, or $403.70 per square foot. The firm is presently located in Southport and will relocate their offices to the new location after renovations… [Read More]
Former Lipnick Plumbing Supply Property Sells
Bridgeport, CT, It was announced today that the Lipnick Plumbing Supply property and the adjacent 8 unit apartment property located at 2016-2022 Main Street in Bridgeport has been sold to an investment group which also owns and manages over 200 apartments in the greater Bridgeport area. The plumbing supply company had been at the location since… [Read More]
Vidal Wettenstein Sells 6 Acre Parcel in Monroe, CT
It was announced that Joseph Grasso Jr. of Fairfield has purchased a 6 acre parcel of land located at 485 Pepper Street in Monroe. The property will be used for construction aggregate manufacturing. The site is zoned industrial and had to go through a series of town meetings for approval for their intended use which… [Read More]
BLOG | Industrial Real Estate Sector in Continues to Show Improvement in the Fairfield and New Haven Counties Respectively
The industrial real estate sector in continues to show improvement in the Fairfield and New Haven Counties respectively. The retail and office sector has shown some minor improvement but nothing compared to the industrial side of the industry. Although Connecticut has endured a poor showing in the national debate for which state in the country… [Read More]
BLOG | If Fighting Over the Thermostat in Your Office Is a Daily Struggle, a “Smart Building” Might Be the Solution
If fighting over the thermostat in your office is a daily struggle, a “smart building” might be the solution. It is hard to dispute that a big point of contention between colleagues is the temperature of their communal workspace. Not only does it depend on people’s individual tolerance, but also sections of the building have… [Read More]
Stellar Gold Coast Investment Opportunity!
Robert Lewis, Partner at Vidal Wettenstein LLC, is proud to announce the re-listing and new aggressive pricing on his exclusive offering at 877 Post Road East. This prominently located retail center, now known as Sherwood 877 Plaza, consists of over 30,000 square feet, is directly accessible from exit 18 off I-95 and centrally located on… [Read More]
BLOG | An Expanding Set of Skills for Commercial Brokerage
Randy Vidal: Founder and partner, Vidal/Wettenstein LLC Industry experience: 50 years Randy Vidal has kept a finger on the pulse of southwestern Connecticut’s commercial real estate market for nearly half a century. Vidal is one of five partners at Vidal/Wettenstein, a Westport-based brokerage that focuses on leasing, investment sales, exchanges and consulting in Fairfield and… [Read More]
Wind River Environmental Has Leased Space at 154 Enterprise Drive in Monroe, Connecticut
Monroe, CT., It was announced today that Wind River Environmental has leased the remaining available space at 154 Enterprise Drive in Monroe, Connecticut, the term of the lease was for ten years. The building was recently constructed to accommodate the owner, Eastern Land Management Company of Stamford, which needed expansion into this region of Connecticut. ELM… [Read More]
Westport Professional Office Building Sells for $1,150,000
A local Westport based developer recently purchased a freestanding 4,000 square foot professional office building at 29 East Main Street in Westport. The building, located in a charming professional neighborhood near Compo Shopping Center, sold for $1,150,000 and closed at the end of June. The developer plans to renovate the building to set up an… [Read More]
BLOG | The Impact of Natural Disasters on Commercial Real Estate Transactions
Superstorm Sandy was a powerful storm that slammed the east coast in the fall of 2012. It devastated the northeast coastline which now remains forever changed. In New England alone, it caused nearly $400 million in damages while costing New York City $19 billion. Post Super Storm Sandy, FEMA; the Federal Emergency Management Agency, cast… [Read More]
Westport Professional Building Sells for Nearly $300 per Square Foot
Local Westport based developer, 29 E. Main Westport LLC, purchased a freestanding 4,000 square foot professional office building at 29 East Main Street in Westport. The building sold for $1,150,000 and the deal closed at the end of June. The developer plans to renovate the building to set up an office for their own operations… [Read More]
Stratford Flex Building Sells for $1 Million
STRATFORD PROPERTY SELLS FOR $1.045 MILLION Vidal Wettenstein helps tenant buy the building WESTPORT, June 12, 2018 – Kubtec Digital X-Ray has purchased a freestanding building at 111 Research Drive, Stratford for $1.045 million. Bruce Wettenstein, a partner at Vidal/Wettenstein represented Kubtec Digital X-Ray, a tenant in the Stratford building. It was purchased from 111… [Read More]
Connecticut Renaissance Establishes Corporate Headquarters in Shelton, CT
Recently Connecticut Renaissance has established its Headquarters in an easy-to-reach, convenient location at One Waterview in Shelton, CT. Randy Vidal of Vidal/Wettenstein on behalf of Connecticut Renaissance negotiated their new 8,000 square foot corporate headquarters. Joseph Coci of Mountain Development represented the Owner’s. For forty years the heart of the mission at Connecticut Renaissance, is… [Read More]
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