Archives for 2016

Non-Profit Horizons National Expands Westport, CT Office Westport, CT – December 19, 2016 – David Fugitt, Partner at Vidal/Wettenstein, LLC commercial real estate, announces the sublease of a 2,675 sf. office space located at 120 Post Road West in Westport, CT as an expansion of their space in the building. Mr. Fugitt represented Fitness Holdings… [Read More]

EfficientLifestyle, LLC Relocating to Westport, CT. Westport, CT – December 15, 2016 – Vidal/Wettenstein, LLC, a commercial real estate firm based in Westport announces the office lease for EfficientLifestyle, LLC, located at 49 Riverside Ave. in Westport, CT. David Fugitt, Partner at Vidal/Wettenstein, LLC, represented the tenant and landlord in this transaction. EfficientLifestyle, LLC, will… [Read More]

Consider the following as you search for a new office location for your business. Whether your business is an expanding blue chip company or an early stage startup, factors such as location, cost, and your long-term business needs will have implications on the success of your business. “Finding the right office space requires strategic planning… [Read More]

Kubtec Medical Imaging of Milford, Connecticut, has leased a 10,216 square foot facility at 111 Research Drive in Stratford, Connecticut. The company is expanding its operation for better servicing their customers and will be relocating all of its manufacturing, research, support and commercial departments to the new facility in December 2016. “In addition to the lease agreement,… [Read More]

Vidal/Wettenstein has had a very busy 2016 to date.  Since January, the Westport based commercial real estate firm has been responsible for the leasing and sale of over 265,000 square feet with an aggregate value in excess of $26,800,000.00.  Listed below are some of the transactions completed. 213 Danbury Road in Wilton which housed North… [Read More]

The Connecticut Chapter of the Society of Industrial and Office Realtors presented an evening of the Blues to support the Habitat for Humanity’s Veteran’s Initiative. Two spectacular artists – Jane Lee Hooker and SaRon Crenshaw – performed out-of-your-seat blues. Headed by Bruce Wettenstein of Vidal/Wettenstein, SIOR was honored to present a check of $8,115. The… [Read More]

David Fugitt, SIOR and Bruce Wettenstein, SIOR both partners at Vidal/Wettenstein Commercial Real Estate combined efforts in leasing 8,640 square feet of office space to North American Pharmacal. The leased space is at 149 Water Street in South Norwalk. The tenant is relocating from a facility in Wilton which was sold for them by Fugitt… [Read More]

David Fugitt, SIOR and Bruce Wettenstein, SIOR both partners at Vidal/Wettenstein Commercial Real Estate combined efforts to sell commercial property at 213 Danbury Road, Wilton, CT. The property consists of .94 acre of commercially zoned land with two buildings totaling approximately 12,400 square feet. The seller was Cinca, LLC and the buyer was Moose Holdings…. [Read More]

OFFICE MARKET OVERVIEW OF LOWER FAIRFIELD COUNTY 2015 2014 2013 2012 2011 Vacancy Rate * 14.7% 14.2% 14.3% 14.2% 12.7% # Deals * 475 565 612 590 581 S.F. Leased * 3,115,000 S.F. 3,728,000 S.F. 2,959,000 S.F. 2,393,000 S.F. 3,021,000 S.F. Net Absorption* <326,300> <360,500> <393,900> <1,060,400> 341,400 Average Base Rent (Re-Let) $30.61/ S.F. $30.14/… [Read More]

The Connecticut/ Western Massachusetts chapter of SIOR announced the results of its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period July through December 2015 within the region. SIOR member responses regarding market conditions during the last six months of 2015 indicated a continuation of… [Read More]

Robert D. Lewis, Partner at Vidal Wettenstein, LLC announced the recent sale of the Shake Shack building at 1849 Post Road East in Westport, CT.  This .93 acre property, is comprised of 6,237 sq. ft. of retail/restaurant space, and sits adjacent to the Sasco Pond at the Southport border of Westport.  The Buyer is Fin-Max… [Read More]