Fischer of Fischer Commercial Real Estate sells 47,098 s/f for $1.57 million

Alan Fischer, Fischer Real Estate Inc.

760 Frost Bridge Road - Watertown, CT

Watertown, CT 1 Frost Bridge Road Realty, LLC, a title-holding entity of Bridgeport-based Norwalk-Wilbert Vault Co., has purchased a 47,098 s/f industrial building on 8.44 acres at 760 Frost Bridge Rd. from Frost Bridge Road, LLC. The purchase price was $1.57 million. Alan Fischer, CCIM, SIOR, of Fischer Commercial Real Estate Inc. represented the buyer. Nick Longo of Matthews Commercial Properties LLC represented the seller.

Originally founded in 1926 as the Norwalk Vault Company of Bridgeport, The Norwalk-Wilbert Vault Company is an independent licensee of Wilbert Funeral Services, which has served the death care industry in Connecticut, Massachusetts, Rhode Island, New York and New Jersey for 78 years.

Norwalk-Wilbert will relocate its operations from Bridgeport to the new facility once renovations and structural modifications are completed.

According to Fischer, “Norwalk Vault was bursting at the seams at its Bridgeport location. We searched for a long time to find a property of the right size, in the right location and with the necessary physical attributes to accommodate Norwalk Vault’s current and future growth needs.” Fischer singled out Watertown’s Economic Development Coordinator Joe Seacrist, Naugatuck Valley Council of

Government’s Rick Dunne and DECD’s Lindy Lee Gold for their efforts in getting this deal done.