Shelton, CT – It was announced today that the commercial property located at 917 Bridgeport in Shelton Connecticut has been sold. The purchaser, 917 Bridgeport Ave., LLC, an affiliate of Kirchhoff, will be converting the building to a self-storage facility managed by Extra Space Storage. The property consists of 32,000 square feet. There are two tenants in the northern portion of the building, and they will remain for the duration of their lease. The front portion of the building will be increased by the addition of 3 more floors.
Bruce Wettenstein, SIOR & Partner with Vidal/Wettenstein negotiated the sale for both parties. Counsel for the seller, 917 Bridgeport Avenue, LLC, was Rob Russo of Russo & Rizio, Southport. David DeVito from M&T Bank will be providing construction financing in connection with the redevelopment.