Bridgeport, CT Black Bear Realty, LLC has sold the 27,058 s/f former home of Norwalk Vault Company at 425 Harral Ave. to Paals Property, LLC, a title-holding entity controlled by the owner of Fordham Marble Co. The purchase price was $607,000. Alan Fischer, CCIM, SIOR, of Fischer Commercial Real Estate represented the seller and the buyer.
Founded in 1905, Fordham Marble, which has a showroom in Stamford, will relocate a production facility from the Bronx.
Fischer said, “Although the building needed some renovations, it was solidly built with 20’ clear-span ceilings and multiple overhead crane systems in place, features that are difficult to find but critically important if your business is moving slabs of marble and granite from here to there.”
Founded in 1976, Orange-based Fischer specializes in helping people make informed decisions on selling, buying or leasing commercial and investment properties throughout Connecticut.