Kaster Moving Company has purchased a 87,150 SF, industrial building at 400 Long Beach Boulevard, Stratford for $5,150,000.00. Kaster Moving Company was founded in 1977 and currently operates out of Stamford and Stratford. The purchase of 400 Long Beach Boulevard will be a new location for the company giving them additional space to offer further… [Read More]
Norwalk Office Building Sells Again
185 East Avenue has recently sold for $1,400,000 to Emily Meehan. The property had recently been sold to Harmony LLC which was going to use the facility, but due to a change in plans, decided to flip the property. The building is a 5,600 sq/ft 2 story office building at the intersection of East Avenue… [Read More]
The Spray Market Inc Moves to Bridgeport
330 Pine Street in Bridgeport has been leased to The Spray Market, Inc., which has its headquarters in Brooklyn New York. The company is a spray foam insulation distributor. This lease is part of their expansion throughout the Northeast. The Spray Market supplies material to insulation contractors and also services spray foam insulation equipment. The… [Read More]
NorCeadia leases space at 80 Century Drive Stratford
NorCeadia, a manufacturer of specialty optics has leased 4500 square feet at 80 Century Drive in Stratford. The move to Stratford gives NorCeadia a central location to their customer base. They plan to be operational by the spring of 2015. Randy Vidal, of Vidal/Wettenstein provided the brokerage services on behalf of the Owner’s and NorCeadia.
LA Barnaby & Sons comes to Stratford
LA Barnaby & Sons comes to Stratford. Over the past 65 years L.A. Barnaby and Sons has provided quality craftsmanship, dependability and above all a commitment to excellence. Services and products for the home and business include roofing, siding, windows, doors, gutters, skylights and more. After being displaced by a fire in their Bridgeport facility… [Read More]
Southwestern Connecticut Agency on Aging relocates
Southwestern Connecticut Agency on Aging relocates into 14,000 square feet at 1,000 Lafayette Blvd in Bridgeport. The Agency is the foremost provider of services and programs to the Elderly, Services range from Care, Disability, Elder Abuse, Geriatric Planning, Health Clinics & Services, Hospice, Housing, Long-Term Care, Mental Health Services, Nutrition, Outreach & Social Services, Transportation,… [Read More]
Randy Vidal of Vidal/Wettenstein represents Jupiter Communications in their purchase
Randy Vidal of Vidal/Wettenstein represents Jupiter Communications in their purchase of 26,000 square feet in West Haven. Jupiter will be doing extensive renovations to the 755 First Avenue building to accommodate their growing business. Jupiter Communications is a full service printing, binding, mailing, data formatting and maintenance company in continuous operation for over 50 years,… [Read More]
Office Market Alert
Office Market Overview of Lower Fairfield County By David Fugitt, SIOR david@vidalwettenstein.com 2014 2013 2012 2011 2010 Vacancy Rate * 13.8% 14.4% 14.3% 12.9% 12.3% # Deals * 620 662 636 633 659 S.F. Leased * 3,624,000 S.F. 2,961,000 S.F. 2,383,000 S.F. 3,019,000 S.F. 3,466,000 S.F. Net Absorption +218,000 <330,000> <1,008,000> +338,000 <1,055,000> Average Rental… [Read More]
Vidal Wettenstein, LLC announces the sale of 50 Charles Street in Westport
Westport, CT – Robert Lewis, Partner at Vidal Wettenstein, LLC announces the sale of 50 Charles Street in Westport, CT. Mr. Lewis was the procuring broker on this transaction in which TD Banknorth sold their Saugatuck branch, consisting of 4,256 SF of building on .32 acres, to Patriot Bank for $1,925,000. This bank branch location… [Read More]
Two Companies Expand in Stratford, Unicare LLC and Eastern Connection
Vidal/Wettenstein has negotiated the lease terms for two companies in Stratford. Unicare, LLC, a home health company presently located in Bridgeport, will be relocating to 80 Ferry Boulevard. The company has taken 4,950 square feet of office space and will start work at their new location in October. Unicare delivers high quality health care services… [Read More]
37 Franklin Street Westport Sells
Westport, CT — Robert D. Lewis, Partner at Vidal Wettenstein, LLC announces the sale of a 6,000 SF Office building located at 37 Franklin Street in Westport, CT to Chris Anderson. Mr. Lewis represented the Seller, Dinmar Realty in this $1,200,000 transaction, while Kevin Foley, Sr. of Cushman & Wakefield represented the Buyer. The Buyer intends… [Read More]
Southport Development Parcel Sells
Southport, CT — Bruce Wettenstein, SIOR, and Partner at Vidal Wettenstein, LLC announces the sale of a .32 acre development land parcel located at 110 Woodrow Avenue in Southport, CT. Mr. Wettenstein represented the Seller, David Zeldis in this $450,000 transaction, while Robert Lewis, also Partner in the firm, represented the Buyer, Ward Jennings. This… [Read More]
Vidal/Wettenstein Presented with Costar Power Broker Awards
Westport, CT — Vidal/Wettenstein LLC, a commercial real estate brokerage firm based in Westport, has been awarded the CoStar Power Broker award for the ninth year. Vidal/Wettenstein was chosen as one of the Leading Firms in the Leasing of Commercial Properties for 2013. Bruce Wettenstein has also been awarded by Costar as Top Industrial Leasing… [Read More]
Vidal/Wettenstein Announces Sale of 200 Pequot Avenue Office Building
Southport, CT — Robert Lewis, Partner at Vidal Wettenstein, LLC announces the recently completed sale of 200 Pequot Avenue in Southport, CT. This 13,000+/- SF office building, which was originally Pullman and Comley, LLC’s Southport headquarters, has traded hands from Computer Consulting Associates, Inc. to SG Pequot 200, LLC. Mr. Lewis was the sole broker… [Read More]
Elite Health Services to Open in Westport, CT
Westport, CT — David Fugitt, SIOR, a partner at Vidal/Wettenstein commercial real estate is pleased to announce the recent leasing of space within a medical building located at 162 Kings Highway North in Westport, CT. The new tenant is Elite Health Services, a world-class provider of Certified Functional Manual Physical Therapy, Personal Fitness, Golf &… [Read More]
61 Main Street Westport Sells
Westport, CT — David Fugitt, SIOR, a partner at Vidal/Wettenstein commercial real estate announces the recent sale of downtown retail property in Westport, CT. The property is located at 61 Main Street with Chico’s as its sole tenant. Main Street, Westport is a world-class retail center and home to many of the country’s most well-known… [Read More]
Prominent Restaurant Site Sale
Westport, CT — Robert Lewis, Partner at Vidal Wettenstein, LLC announces the recently completed sale of a well-known restaurant site located at 60 Charles Street in Westport, CT. This 5,728 SF building on .55 acres was the home of the Arrow Restaurant, then Jasmine Restaurant, and most recently the Blu Parrot. Mr. Lewis was the… [Read More]
Former Metal Specialties Building Sold
Fairfield, CT — It was announced today that 515 Commerce Drive in Fairfield Connecticut has been sold to 515 Commerce Drive, LLC, a real estate company created for Tile America. The industrial building is 19,830 square feet on 1.09 acres of land. The property sold for $2,150,000 or $108.42 per square foot. 5N Plus will… [Read More]
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