Vidal/Wettenstein brokers $2.5m sale of 459 Knowlton St., Bridgeport
Vidal/Wettenstein has brokered the sale of the Acme United Property located at 459 Knowlton St. for $2.5 million. The purchaser was B & E Juice, Inc., presently leasing space in Bridgeport at the former American Fabrics complex. Situated on more than 4.5 acres of land, the building was once part of a massive industrial complex that produced millions of scissors and other cutlery products. The original structures were demolished and what remains is a 38,000 s/f modern warehouse which will be used by B & E Juice. The company is a distributor of beverages including such national brands as Snapple and Orangina.
Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein brokered the sale for both parties. Legal counsel for Acme United was Barbara Miller and Jim Rice of Brody Wilkinson of Southport, and for the purchaser, Kelly Molloy of Robinson & Cole, Stamford.
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.