Bridgeport, CT – It was announced today that the Beardsley Plaza Shopping Center on Broadbridge Road and Huntington Tpke in Bridgeport has been sold. The sales price was $5,700,000.00. According to Bruce Wettenstein, SIOR and Partner with Vidal/Wettenstein, “The property had been very well maintained and on the market for a relatively short period of time. We had numerous offers to purchase and chose the one that we felt was the best fit for the property.” The purchaser was The Beantown Companies, Inc., of Waltham, MA.
The plaza contains 16,384 square feet on 1.65 acres and is fully leased to eight retail establishments that have been successful occupants for many years, including Vazzy’s Restaurant, Swissland Farm Food Store, King & I Restaurant and Subway. In addition to the retail establishments, Verizon has a telecommunication pole on the property.
Bruce Wettenstein, SIOR & Partner with Vidal/Wettenstein was the listing broker and S.B.R.G. of Summerville Massachusetts represented the purchaser. Counsel for the seller was Marshall Goldberg, Partner, Wofsey, Rosen Kweskin & Kuriansky, Stamford, CT.