Commercial Real Estate News
Acquisition & Disposition
Norwalk Commercial Property Sells for $1.95 Million
NORWALK, CT – JANUARY 25, 2017 – Angel Commercial L.L.C., a commercial real estate firm based in Southport, CT, announces the sale of 173 Main Street in Norwalk, CT, a 17,500 RSF retail/warehouse building, for $1,950,000, handled by two of its senior brokers.
Lester Fradkoff, Senior Vice President, represented the seller, Brandman Realty LP, and Brett A. Sherman, CCIM, Senior Vice President, represented the buyer, Servpro. “We brought both parties together and executed a deal before the property even made it to the market,” states Fradkoff. “Servpro will be occupying the entire building and consolidating their Stamford and Bridgeport locations,” states Sherman.”
Headquartered in Gallatin, Tennessee, Servpro is a franchiser of fire and water cleanup and restoration franchises in the United States and Canada. The franchise system provides localized services as well as large-scale disaster recovery. With over 1,700 franchises nationwide, Servpro is a leader in the restoration industry.
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.