Commercial Real Estate News
Acquisition & Disposition
Wilton Commercial Property Sells to Developer for $2.5 Million
WILTON, CT – AUGUST 9, 2022: Commercial real estate firm Angel Commercial, LLC, announces Greenwich Realty Development, LLC has purchased a 10,871 SF office condominium building on 0.625 acres at 12 Godfrey Place in Wilton, Connecticut for $2.5 Million for a new residential apartment development.
Eva Kornreich, Vice President with Angel Commercial, LLC, was the sole broker in this transaction. According to Kornreich, “The new 12 Godfrey Place residential development helps further the town’s vision for Wilton Center to be a true live-work-play community. It will bring vitality to Wilton Center and benefit retail shops and restaurants. Residents of the new apartments will be steps away from many amenities, such as restaurants, coffee shops, grocery stores, the library, Metro-North train station, and nature areas.”
Three separate entities owned the condominiums in the building. “Kornreich brought the owners together to offer the entire property for sale as a development opportunity,” states Jon Angel, President of Angel Commercial, LLC.
Based in Southport, CT, Angel Commercial, LLC is an award-winning, full-service commercial real estate brokerage firm specializing in the acquisition, disposition, and leasing of office, industrial, retail, multifamily, development, and investment properties on a local and national level. Visit Angel Commercial, LLC on the web at www.angelcommercial.com.