CCIM Conn. chapter Deal of the Month - July 2021: Ryer leases 8,450 s/f at 41 Eagle Rd., Danbury

July 23, 2021 - Connecticut
41 Eagle Road - Danbury, CT

Danbury, CT According to the Connecticut CCIM Chapter, Augustus Ryer, CCIM, of Ryer Associates Commercial Real Estate brokered the lease of a 8,450 s/f facility located at 41 Eagle Rd. The move is an expansion from Tastes Natural, LLC’s current +-1,300 s/f space, and will include food application and development labs, offices, and both dry and refrigerated warehousing.

According to Henry Schaffer, CEO, “Danbury has been a great location to build our food ingredients business and we’re excited to continue our rapid growth in our new, larger location.”

“This was a fascinating assignment,” Ryer said. “I placed Tastes Natural at their current location on North St. in 2018, and their growth into more than six times their original space is an exceptional Connecticut success story.”

The lease closed alongside the sale of the property on June 30, 2021. Ryer represented the tenant in this transaction.

CCIM Institute created the language of global real estate investment. Our courses and worldwide community deploy commercial real estate investment methodologies and tools that speed the pathway between opportunity, a go/no-go decision, and success for an asset, taught by instructors who are themselves industry leaders. Today, the organization, through its 50-plus chapters, continues to innovate best practices and elevate the commercial real estate professional through its core designation program to earn the CCIM pin — real estate’s most coveted credential — and its topical education courses offered through the Ward Center for Real Estate Studies. In addition, membership in CCIM includes the industry’s best technology and operational platform, allowing entrepreneurial and mid-sized businesses to compete with the largest multinational providers. Today, almost 70% of designees hold the title of owner, partner, principal, or president, representing an exclusive worldwide referral network of 13,000 members in 30 countries. Ultimately, CCIM represents a larger vision of the commercial real estate provider, leveraging investment analysis, opinions of value, and underwriting to become a leader in sourcing capital, building a cash-flow vehicle, and ultimately creating value.

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