STRATFORD: A three parcel development site were sold recently on East Main and Sidney Streets for $1.7 million. The sites included are approximately 3 acres and adjacent to Stop and Shop and across from Home Depot. The buyer was the neighboring property owner, Urstadt Biddle, the owner of the Dock shopping Center located nearby. UB brought the site through zoning for a self-storage development. The seller was Zoar, LLC.
The company is reportedly in negotiations to also bring a restaurant to the site. The CT Post previously reported that the company’s plans for the site and the storage facility could exceed $14 million in costs.
Steven Inglese, principal of the New Haven Group Inc., marketed the property on behalf of the seller in the transaction and was the sole broker in the deal.