January 31, 2019 – Thomas Connor and Matthew Nadler of Horvath & Tremblay have successfully completed the sale of Black Rock Plaza in Bridgeport, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer in the transaction that closed at a sale price of $1,925,000.
The two building, multi-tenant retail plaza at 3400 Fairfield Avenue in the Black Rock neighborhood of Bridgeport. The two buildings include 28,200 gross leasable square feet on a 1.18-acre parcel. The Property offers excellent frontage and visibility along Fairfield Avenue with convenient access to I-95 and U.S. Route 1. The Property is leased to five local tenants with a value-add opportunity through the leasing of an additional 13,000-square foot space.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.