Commercial Real Estate News
Acquisition & Disposition
Former US Baird Land Sells in Stratford, CT
STRATFORD, CT – January 27, 2011 – Jon Angel, President of Angel Commercial L.L.C., represented both the seller and the purchaser in the sale of 1.77 acres of industrial land located on 1526-1700 Stratford Avenue for $1,295,000. The land is part of an 11-acre landmark industrial parcel that was once headquarters of The U.S. Baird Corporation, which merged operations in 2007 and subsequently relocated to Thomaston, Connecticut. The remaining property is offered for sale or lease, with two possible purchase scenarios. The first available parcel is an industrial building totaling 103,652 square feet, situated on 9.1 acres of land, of which approximately 35,000 square feet is currently leased to the Norwalk Compressor Company. Available jointly or independently, the second parcel includes 2.5 acres of unimproved land in an MA and CA zone.