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.