News

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 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]

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]

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]

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, 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]

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]

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]

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]

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]

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]

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]

Shelton, CT — It was announced today that the industrial property located at 128 Long Hill Cross Road in Shelton, has been sold to West-Conn Tool Company, presently located in Stratford, Connecticut. The building sold for $1,178,500, or $76.53 per square foot. The building sits on 2.2 acres. West-Conn Tool, in business for 31 years… [Read More]

Monroe, CT — It was announced today that the former Vishay Vitramon property, located at 10-36 Main Street in Monroe, was sold to 10 Main Street, LLC, a subsidiary of the Kimball Group, based out of Monroe, Connecticut. The ±15 acre parcel had once held an 84,000 square foot multi-level industrial building, which was demolished… [Read More]

Fairfield, CT — Robert D. Lewis, Partner at Vidal Wettenstein, LLC announces the sale of 257 Reef Road in Fairfield, CT. 7-Eleven who has leased the property for over 40 years will continue to lease for several more years. Mr. Lewis represented the Buyer, Max-Fin Realty, LLC, who purchased the building for $1,246,000. The Seller,… [Read More]

Nuovo Pasta Purchases Building Stratford, CT — It was announced today that Nuovo Pasta Productions of Stratford, has expanded their production operation with the purchase of a 38,000 square foot industrial facility located at 1330 Honeyspot Road Extension, in Stratford. The company has a production and warehouse facility on Bruce Avenue and had outgrown the… [Read More]

Shelton, CT — It was announced today that Amedisys Home Care which does business as Tender Loving Care Healthcare, Inc., has moved into their new office space at 12 Progress Drive, Shelton, Connecticut. The company leased approximately 3,000 square feet of space. Amedisys, which was formerly located in Stratford, is a leading home health and… [Read More]

Wilton, CT — Robert D. Lewis, Partner at Vidal Wettenstein, LLC, based in Westport, CT announces the 100% lease-up of the shopping center located at 877 Post Road East in Westport. The final lease of 3,240 SF of office space located on the upper level of the center was just executed between 877 Limited Partnership… [Read More]