STAMFORD, Conn. -- CBRE Group’s Westchester/Fairfield County office announced that it has represented the seller of Stamford's Research Park portfolio, a group of six leased industrial buildings along Viaduct Road totaling 142,597 square feet of space.
The CBRE team of Kevin Langtry, John Isaacs, and Patrick Colwell represented the seller, Isis Realty, in the sale of 9, 56, 62, 66, 76 and 86 Viaduct Road to Coastal Construction Group for $16.65 million.
“There is healthy demand for industrial within this market given a low supply, especially for a rare portfolio of leased properties such as the Research Park portfolio,” said Langtry. “The owners did a great job maintaining the properties and tenant relationships. Many of tenants have been there for years, which is a testament to that.”
The portfolio is close to both the Merritt Parkway and I-95 and within walking distance to the Metro-North train station.
CBRE Group is an American commercial real estate company with headquarters in Los Angeles. For more information about CBRE, click here.
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