 (1).png)
News:
Owners Developers & Managers
Posted: February 9, 2018
Fradkoff and Sherman of Angel Commercial broker $1.95 million building sale
Norwalk, CT Angel Commercial L.L.C. completed the sale of 173 Main St., a 17,500 s/f retail/warehouse building, for $1.95 million, handled by two of its senior brokers.
Lester Fradkoff, senior vice president, represented the seller, Brandman Realty LP, and Brett Sherman, CCIM, senior vice president, represented the buyer, Servpro.
“We brought both parties together and executed a deal before the property even made it to the market,” said Fradkoff. “Servpro will be occupying the entire building and consolidating their Stamford and Bridgeport locations,” states Sherman.”
Headquartered in Gallatin, Tenn. Servpro is a franchiser of fire and water cleanup and restoration franchises in the United States and Canada. The franchise system provides localized services as well as large-scale disaster recovery. With over 1,700 franchises nationwide, Servpro is a leader in the restoration industry.
Angel Commercial is a full-service real estate brokerage firm headquartered in Fairfield County. The company specializes in the acquisition, disposition, and leasing of office, industrial, multi-family and retail properties on a local and national level.
MORE FROM Owners Developers & Managers
Devli Real Estate acquires 118 Rte. 17 North - a 67,000 s/f flex industrial/retail asset
Upper Saddle River, NJ Devli Real Estate completed the acquisition of 118 Rte. 17 North, a 67,000 s/f flex industrial/retail asset situated on 6.3 acres with prime highway frontage. The property is strategically positioned along the Rte. 17 corridor, one of Northern New Jersey’s most active and supply-constrained commercial sub-markets.
.png)
Quick Hits
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant