Fairfield, CT Doyle Insurance Agency has purchased an office building at 45 Sherman St. The purchase price was $1.375 million for the 3,406 s/f building and back cottage, or $403.70 per s/f.
The firm is presently located in Southport and will relocate their offices to the new location after renovations take place.
Bruce Wettenstein, SIOR, partner with Vidal/Wettenstein, was the listing broker, and Jon Angel of Angel Commercial represented the buyer. This is one of many co-broker transactions that Vidal/Wettenstein and Angel Commercial have worked on. The Law Office of David McHugh represented the purchaser.
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