SHELTON: 710 Bridgeport Avenue LLC, controlled by RNY Property Trust, was sold for $26.25 million, to Sun Equity Partners, LLC. , Jeffrey Dunne and Steven Bardsley of CBRE’s Institutional Properties represented RNY
710 Bridgeport Avenue is a 452,414 square foot flex [industrial office] building located on the eastern border of Fairfield County sits on 36 acres and includes a heliport. Currently 72% leased, tenants include PerkinElmer Health Sciences, Inc. [130,035 square feet], and Panolam Industries International, Inc. [79,000 square feet] which anchor the property.
Located off Exit 12 of Rte. 8, the major connector between I-84 and I-95 allows direct access to Manhattan, Hartford and Boston.
Dunne said, “710 Bridgeport Ave. is a high-quality flex asset and offers stable income and upside from nearly 128,000 square feet of vacancy.”