Interstate Realty Advisors & Vidal/Wettenstein, LLC, Co-Broke Sale
P. C. Richard & Son Purchases Milford Center
October 2010, Milford, CT-- It was
announced today that A. J. Richard & Sons, Inc., with offices in
Farmington, New York, has purchased the retail center at 1574 Boston
Post Road in Milford. The retail electronics company had occupied the
35,000 square foot retail site since May of this year under a lease to
purchase contract agreement. The building had been a former Linen's &
Things prior to becoming the new home of P C Richards & Son. The
property is on the main retail thoroughfare in Milford which includes
many retail businesses. The property sold for $5,500,000.00.
P. C. Richard & Sons has increased their presence
throughout the State with stores in all of the major retail
locations. Steven Spector of Interstate Realty Advisors and Bruce
Wettenstein, SIOR of Vidal/Wettenstein negotiated the terms and
conditions of the Milford property acquisition. The same two
commercial real estate firms were also responsible for the sale of the
Danbury center to PC Richard & Sons for $8,750,000.00.
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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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