Commercial Real Estate News
Acquisition & Disposition
Angel Commercial, L.L.C. Sells Fairfield Industrial Building for $1.6 Million
FAIRFIELD, CT – November 9, 2016 – Angel Commercial, L.L.C., announces the sale of an 11,042 SF industrial building located on .76 acres at 730-750 Commerce Drive in Fairfield, CT, for $1,600,000.00. Jon Angel, President at Angel Commercial, L.L.C., represented both the buyer and the seller in this transaction.
730 Commerce Drive LLC in Fairfield, CT, purchased the property from Commerce Properties LLC and Babcock Holdings LLC. Five Star Products, Inc., a provider of non-shrink cement and epoxy-based construction solutions, previously occupied the space. “The company outgrew the building,” states Angel. “They moved to a larger facility in Shelton, CT.”
The attorney for the seller was Abby Bates, Esq., of Roberts & Bates, P.C., in Stamford, CT, and the buyer’s attorney was Stephan B. Grozinger, Esq, from Weston, CT.
Angel Commercial, L.L.C. is a full-service real estate brokerage firm headquartered in Fairfield County, Connecticut. The company specializes in the acquisition, disposition, and leasing of office, industrial, multifamily and retail properties on a local and national level. Visit Angel Commercial, L.L.C. on the web at www.angelcommercial.com.