According to Vidal/Wettenstein, LLC in Westport, 20 Hathaway Drive, LLC. has purchased the property at 20 Hathaway Dr. East Coast Sensors, Inc. and Industrial Electric Sales, Inc. formerly of Fairfield took occupancy of the 8,000 s/f facility in May of 2006. Their Fairfield property was sold to Al Kleban who has demolished the building to make way for a retail establishment. The Stratford building, which had previously been the home to a printing company, sold for $675,000.
The building suited the needs of East Coast Sensors, Inc. and Industrial Electric Sales, Inc. for more space as their businesses continue to grow. The property offers nearly three times the square footage they formerly occupied and is in a good location off exit 30 on I-95. Gary Heid, president of East Coast Sensors, Inc. has found the space perfect for his manufacturing needs. East Coast Sensors, Inc. has seen tremendous growth in the last few years and has been able to streamline its production meeting customers' needs while utilizing all of the new space. Industrial Electric Sales, Inc. has also benefited from the large office areas and increased warehouse space, being able to stock many of the products its customers require.
Scott Zakos, partner of Vidal/Wettenstein, represented Patricia Whiteside Myers who originally built the building for Remlitho Printing thirty years ago. Mark Valentine, Esq. also of Stratford was counsel for the seller and attorney Frederick Martin of Monroe represented the buyer in the transaction. Bruce Wettenstein, SIOR represented the purchaser.