Zumba Fitness Facility and Anytime Fitness Lease Space in Monroe 

August 2010, Monroe, CT-- Robert D. Lewis, Partner at Vidal Wettenstein, LLC has announced the leasing of a total 8,655 sq. ft. of retail space at Center One Eleven, 380 Monroe Turnpike in Monroe, CT.

A 5,388 sq. ft. space was leased to a Zumba Fitness facility for a five-year term.  The tenant was represented by Steve Hodson of Hodson Realty, Inc. 

The adjacent 3,267 sq. ft. was leased to Anytime Fitness for a five-year term.  Anytime Fitness, with 1,500 clubs open nationwide, is the fastest growing upscale, co-ed fitness franchise in the world.  As the name suggests, Anytime Fitness is open 24 hours a day. 

Mr. Lewis is the exclusive broker for Center One Eleven, where there are two remaining in-line retail units available of 1100 sq. ft. and 2,500 sq. ft.  In addition there is an available pad site up to 6,000 sq. ft.

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Vidal/Wettenstein LLC & Baldwin Pearson Company Negotiate Sale

18,044 SF Industrial Building Sold to Interstate Battery Systems of Fairfield 

April  2010, Bridgeport , CT--It was announced today that the Interstate Battery Systems of Fairfield has purchased an 18,044 SF industrial building located at 109-125 Holland Avenue, Bridgeport.  Interstate is currently located on Commerce Drive in Fairfield, and the new Bridgeport location will nearly triple their warehouse space.  

Robert Shawah, Vice President of Baldwin Pearson Company, represented Interstate Battery in the $1,080,000 sale.  According to Larry Judge, owner of Interstate of Fairfield, the new building fits his operation perfectly accommodating his delivery trucks in a great location near interstate 95.   As a result of the firm’s growth, the larger warehouse was required and will also house sales and service.  The 18,044 SF building on roughly a half acre was part of the former Bodine Manufacturing Facility. 

Scott Zakos, Partner of Vidal/Wettenstein was the listing Broker and represented Holland Avenue LLC. Counsel for Holland Avenue LLC was Lisa Kent, Esq. from Westport, CT.  Counsel for the purchaser was Robert Josovitz, Esq. of Fairfield.

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VIDAL/WETTENSTEIN EXPANDS FIRM

May, 2010, Westport, CT-- Vidal/Wettenstein, LLC, a commercial real estate company based in Westport, is pleased to announce that David Fugitt has joined the firm as Partner.  Mr. Fugitt has been practicing the commercial real estate business throughout Fairfield and New Haven counties respectively, since 1976.  David has been responsible for numerous real estate transactions throughout the tri-county area.  In 1999 David earned the SIOR designation from the prestigious global commercial real estate trade organization, the Society of Industrial and Office Realtors.  Dave is also a past Chairman of the Board of the Westport Chamber of Commerce and has been on the Board of Directors of numerous not for profit agencies.   

David can be reached at David@vidalwettenstein.com. 

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Waterfront Retail Available for Lease Rowayton Connecticut

April 2010, Rowayton, CT--Robert Lewis, Partner at Vidal Wettenstein, LLC is pleased to announce that the firm has been assigned the exclusive assignment to lease the newly renovated Rowayton Retail Property aka The Doc SoybelProperty”.  The building, situated directly on the Five Mile River at 159-165 Rowayton Avenue, offers approximately 6,000+/- sq. ft. of divisible unique waterfront retail space.  The property’s rich history, and prominent location in the heart of Fairfield County’s quaint seaside village will provide boutique retailers with a fruitful environment.  The current configuration offers prospective tenants spaces of

825 sq. ft., 950 sq. ft., 970 sq. ft., and 3000 sq. ft.  “We are currently fielding several inquiries from prospective tenants, and intend to pursue a mix of retailers offering synergy within the property, and added value to the community.  We look forward to having tenants in place in time to fully enjoy the vast summer activities in Rowayton.”

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Westport Retail Sale and Office Leasing Transactions

January 2010, Westport, CT--Robert Lewis, Partner at Vidal Wettenstein announces the sale of 1753 Post Road East in Westport, CT. The Seller was Shine Holding Group and the Buyer Robert Appell. This freestanding 2000 +/- retail building has been a liquor store establishment for several decades, most recently known as Westfair Spirit Shop. The new owners of the property will reopen with a newly renovated specialty wine store, Bottles, in the near future. Mr. Lewis was the sole broker involved in this transaction.

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December 2009, Westport, CT --Market & Research Corporation recently leased 2,900 sq. ft. of office space at 315 Post Road West in Westport, CT. Robert Lewis is the exclusive agent on this well-known reflective glass building adjacent to the Birchwood Golf Course, and the sole broker involved in this five-year lease transaction.
 

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STARBOARD CAPITAL PARTNERS RELOCATES HEADQUARTERS

December 2009, Bridgeport CT--Starboard Capital Partners is relocating its headquarters to 30 Jelliff Lane in Southport.

Jelliff Lane’s close proximity to I-95 and the Southport train station together with its long recognized reputation as a premier building were the driving factors in Starboard’s decision in selecting this location for its new 2500 square foot home. Starboard Capital Partners is a financial and strategic sponsor that partners with management and private equity investors primarily in the acquisition of companies with initial enterprise values of $25 million to $250 million.

Randy Vidal, SIOR, of Vidal Wettenstein LLC, represented Starboard Capital Partners and David Mack represented the Owners.

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Q-TRAN RELOCATES TO MILFORD

December 2009, Bridgeport CT--Q-Tran a leader in the design and manufacture of low voltage system has located to new quarters at the Hill Street Business Park in Milford. A new 18,000sft facility affords Q-Tran greater efficiency, quality of working environment and a convenient location for Q-Trans employees and customers. Randy Vidal, SIOR of Vidal/Wettenstein LLC represented Q-Tran. Monika Simonelli of Wittek Development represented the Landlord.

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BRIDGEPORT LANDMARK SELLS

October 2009, Bridgeport CT--Bruce Wettenstein, SIOR and Partner with Vidal Wettenstein announced today the sale of the former National Wholesale Liquidator’s building located at 4425 Main Street in Bridgeport. The sale price was $7,850,000. The building is 45,000 square feet situated on 3.68 acres, and was originally occupied by Pathmark. For the past 15 years National Wholesale Liquidator’s had been the tenant. The purchaser, Fortress Development LLC, whose specialty is the development of retail properties, owns numerous retail sites throughout Connecticut. The new owners plan to lease the property to a major supermarket. Fortress is comprised of Michael Berkowitz, Leonard Mosco, and Michael Schinella. The seller of the property was Cornell Main Street, LLC.

Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein was the sole Broker who negotiated the sale. Counsel for the buyer was Dana Friedman of Harlow, Adams & Friedman, PC of Milford. The seller, Cornell Main Street, LLC was represented by Irving Kern from the Bridgeport law office of Cohen & Wolf.
 

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MONROE PROPERTY SOLD

September 2009, Monroe, CT--It was announced today that the Mikron Corporation has sold their property located at 600 Pepper Street in Monroe to Fred George. The building will house the Accutrol Company which presently located in multiple locations in Monroe. The property consists of a 15,000 sq/ft block and steel building situated on 4.9 acres.

Accuspec, Inc. was founded in 1986 by Fred George and has grown significantly in the past twenty three years. Accutrol was founded in 2003 and is expanding its manufacturing capabilities. As a result of the firms growth, the new facility will house the sales and service department, and a separate manufacturing area for airflow control valve fabrication. The move will enhance the firm’s ability to continually offer the finest service and accommodate the growing needs of their clients.

Mikron Corporation will be relocating to a new facility at 200 Main Street in Monroe. The company, which was founded in 1908 in Biel Switzerland, will maintain its repair service of machinery in Monroe. Mikron Technology Group is one of the world‘s leading providers of customer specific machines and systems in the field of manufacturing technology and assembly automation. The Group‘s core competency is the development of individual production solutions that give customers all the advantages of compliance with the highest standards of precision, cost-efficiency and flexibility and the Group‘s longstanding experience
in the manufacture of transfer machines.

Bruce Wettenstein, SIOR was the listing Broker and represented Accuspec. Counsel for the Mikron Corporation was Mark Kirsch of Cohen & Wolf, Bridgeport, CT. Counsel for the purchaser was Stanley Goldstein of Palmesi, Kaufman, Goldstein & Petrucelli of Trumbull.
 

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VALLEY MEDICAL TO RELOCATE TO BROOKSIDE MEDICAL CENTER

August 2009, Bridgeport, CT -–It was announced today that Valley Medical Institute of Trumbull has purchased a medical condominium unit in the Brookside Medical Center, located at 4641 Main Street in Bridgeport.  The 1,800 square foot unit was formerly owned by Doctor Raul Perez who had retired.  The building also houses the medical offices of Drs’ Nelson and Grayer, as well as the TD North bank.