News

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]

David Fugitt, SIOR, a partner at Vidal Wettenstein, a commercial real estate brokerage based in Westport, is pleased to announce the recent leases of two office properties he represents in Westport. Specifically, at 39-53 Riverside Avenue, a five building, 31,000 square foot office complex located on the Saugatuck River is now 100% leased. Additionally, at… [Read More]

Robert D. Lewis, Partner at Vidal Wettenstein, LLC announces the recent sale of an office condominium at 33 N. Water St. in South Norwalk, CT.  Lewis represented the Buyer, Blackbeard Real Estate Holdings, LLC in this $1.1 million sale transaction.  The Seller, LSCG Fund 21-1, LLC was represented by Connor Nolan of WFL Real Estate… [Read More]

Merrimack Building Supply, based in Merrimack New Hampshire, has opened a facility in Stratford, at 85 Lupes Drive.  The building is 7,500 square feet and will be used for the sales and distribution of building supplies and other products. According to Ryan Donegan, Vice President of Merrimack, “We decided to move to Stratford mainly for… [Read More]

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]

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]

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, 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. 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]