News

Monroe, CT – It was announced that A & B Mechanical Company has purchased the industrial property at 588 Pepper Street in Monroe.  The company has relocated to the 12,800 square foot building from a leased property only a mile away.  The building formerly housed the Proudfoot Company which is an industry leader in the… [Read More]

  Office Lease Deals All Classes SF Office Leased All Classes Q1- Q3 2017 2016 2017 2016 Westport 34 43 70,673 131,987 Norwalk 59 57 280,773 369,617 Fairfield 15 16 23,159 24,444 Stamford 94 121 912,979 829,941 Bridgeport 9 17 14,986 48,223 Greenwich 52 41 214,284 211,687 Trumbull 6 7 12,712 14,614 Shelton 26 28… [Read More]

Monroe, CT – It was announced today that the commercial real estate firm of Vidal/Wettenstein has leased the 600 Pepper Street property in Monroe to Parkside Utility.  The company provides full service infrastructure construction, specializing in the design, installation, and maintenance of aerial and underground telecommunication systems throughout the northeastern United States.  Parkside has been contracted… [Read More]

Trumbull, CT – It was announced today that the medical space at 115 Technology Drive, Unit A-203, has been leased to Dr. Book’s practice.  The unit is 2,042 square feet and will be the home of the The Center for Skin Surgery.  The center will be a referral practice solely dedicated to cutaneous surgery and oncology…. [Read More]

Monroe, CT – It was announced today that the commercial real estate firm of Vidal/Wettenstein has sold the 600 Pepper Street property in Monroe to Torrington based 600 Pepper Street, LLC.  The price was $1.2 million or $78.95 per square foot.  The building is 15,200 sq. /ft. and is situated on 4.9 acres of land. … [Read More]

Robert Lewis, Partner at Vidal Wettenstein, LLC announces the following recently completed Westport transactions: 1580 Post Road East, Westport – As the exclusive broker representing the Mackno Family Trust, Mr. Lewis was responsible for leasing this 6,300 SF building to Commerce Park Pediatric Dental and Orthodontics for a ten year term.  The building is currently… [Read More]

Bridgeport, CT – Vidal/Wettenstein & Berkshire Hathaway cobroke sale – Sale of 330 Pine Street, Bridgeport. It was announced today that the Spray Market based in Brooklyn New York, has purchased the industrial facility at 330 Pine Street in Bridgeport.  The building had been leased to Spray Market and the business exercised its option to purchase the 14,500… [Read More]

Stratford,CT It was announced today the Connecticut Basement Systems Radon, Inc. property at 720 Woodend Road in Stratford has sold to Dri-Tec Waterproofing Solutions.  Steve Senkowicz, Owner of the property, has relocated to a leased property in Stratford and upon listing the building with Vidal/Wettenstein, entered into a contract to sell the Woodend Road property… [Read More]

Bridgeport, CT In a recent transaction, a modern era industrial building which fell under a Chapter 7 bankruptcy, has sold to a Stamford based company.  480 Bunnell Street   had formerly housed the All Phase Steel Company since 2006.  When the company filed for bankruptcy, Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein was appointed by the Federal… [Read More]

Randy Vidal speaks at the capital about Small Business in Connecticut.

Westport, CT — Bruce Wettenstein, Partner at Vidal/Wettenstein LLC, received the 2016 CoStar Power Broker Award for Top Industrial Leasing Broker.  The annual award is presented by commercial real estate information and marketing provider Costar to top ranked brokers and firms in their respective markets. Bruce’s noteworthy industrial transactions in 2016 include 40,000 sf. at… [Read More]

Office Market Overview of Lower Fairfield County 2016  By: David Fugitt, SIOR and Matthew Mastrianni 2016 2015 2014 2013 2012 Vacancy Rate * 14.0% 13.90% 13.9% 13.6% 13.5% # Deals * 513 467 561 601 585 S.F. Leased * 2,675,000 S.F. 3,242,000 S.F. 3,480,000 S.F. 2,934,000 S.F. 2,380,000 S.F. Net Absorption *t 139,560 <326,300> <360,500>… [Read More]

Westport, CT – David Fugitt, SIOR, Partner at Westport-based Vidal/Wettenstein, LLC, announces the recent sale of 18-26 Imperial Ave. located in downtown Westport. The property is a fully leased 5 building medical complex with a total of 7,428 rentable square feet. The seller was Amalgamated Realty Company, LLC and the buyer was Greens Farms Centre… [Read More]

Shelton, CT – Bruce Wettenstein and David Fugitt, Partners at Westport-based commercial real estate firm Vidal/Wettenstein, LLC, have been named exclusive listing agents for 1000 Bridgeport Avenue in Shelton, CT. Ownership of this five story, 134,035 sf., Class A office building is Fairfield Realty Group, LLC. The 6.3 acre property has undergone significant improvements to… [Read More]

Westport, CT – David Fugitt, Partner at Vidal/Wettenstein, LLC., has been named the exclusive listing agent for 56 Main St. in Westport, Ct. The 2,283 sf. retail space is situated among high-end national retailers like Vineyard Vines, Patagonia, J. Crew, and Urban Outfitters, Tiffany and Nike among others. During a time when malls struggle for… [Read More]

Commercial space users are often posed with the question of whether to lease or purchase their facilities. Purchasing a property can benefit businesses over the long-term. By contrast, leasing offers flexibility and requires less capital outlay. Before you decide to purchase or lease, consider the below pros and cons: Purchasing: The Benefits Build long-term equity:… [Read More]

It was announced today that Energy Solutions, presently located on Canal Street in Shelton Connecticut, will be relocating its project design, customer service and administration departments to 100 Beard Sawmill Road, a multi tenant first class office building owned and managed by the R. D. Scinto Company. Established in 1992, Energy Solutions helps business owners… [Read More]

It was announced today that Energy Solutions, presently located on Canal Street in Shelton Connecticut, will be relocating its Construction Operations Department to 23 Bridgeport Avenue in Shelton.  This facility will be used for logistical support of efficiency project construction for projects throughout Connecticut. Established in 1992, Energy Solutions helps building owners and business tenants,… [Read More]