Brown and Siburn of Cushman & Wakefield arrange 56,632 s/f relocation lease to Opportunity Buying, Inc.

2 Great Pasture Road - Danbury, CT

Danbury, CT Cushman & Wakefield has arranged a long-term lease for Opportunity Buying, Inc. at 2 Great Pasture Rd. The company, which has operated out of the Bronx for the past 25 years, will relocate to its new headquarters this spring. Opportunity Buying Inc. signed a 10-year lease for 56,632 s/f of the available 76,483 s/f warehouse/manufacturing space in the established industrial park primarily for warehouse use, with 3,000 s/f of dedicated office space. Cushman & Wakefield’s Stamford-based Frank Brown, senior director, and Meredith Siburn, director, represented the landlord in the transaction. Phil Luria of Rakow Group represented the tenant.

“With its flexible warehouse / office space and prime location in an established industrial park, 2 Great Pasture Rd. is an ideal headquarters for a company like Opportunity Buying,” said Frank Brown, senior director at Cushman & Wakefield.  “We set a competitive price for this quality industrial facility and are pleased to have attracted a company of the stature of Opportunity Buying. We expect to be announcing other new tenants for the remaining 20,000 s/f soon.”

Opportunity Buying Inc. specializes in the remarketing of closeouts and excess inventories, assisting manufacturers with an efficient and principled disposition of idle assets. The company will begin relocating to Connecticut in May.

“We are delighted with our upcoming move to the Great Pasture facility,” said Steve Gottesman, president of Opportunity Buying. “Danbury’s vitality, services and talent pool provides a perfect stage for Opportunity Buying’s continued growth.”

2 Great Pasture Rd. is an industrial building totaling 114,395 square feet offering unique large warehouse space with multiple loading areas. The property lies on 15.57 acres giving ample parking and room to expand. Located in a thriving industrial neighborhood, the space is in close proximity to I-84 exits 5 and 8.

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory.