Vidal/Wettenstein and Arnold Peck Comm'l. cobroke $1.4m sale

According to Scott Zakos, partner with Vidal/Wettenstein, LLC, 57 Plains Rd. has been sold for $1.4 million or $60 per s/f. The three story office building is 24,000 s/f on approximately .78 acre. The building has housed a variety of office tenants since 1989. The seller, Tarkhan Associates LLC, was represented by Kevin Weirsman of Arnold Peck's Commercial World in Milford. The purchaser, 57 Plains Road, LLC, was represented by Scott Zakos, of Vidal/Wettenstein. Zakos said, "Vidal/Wettenstein will be marketing the space available for lease in the building, with roughly about a third of the building with proposals to lease out." The new owner will be making improvements to the building. The building is located off exit 36 off I-95 and close to the Merritt Pkwy. connector as well as historic downtown Milford and the train station.