Buildings Sell For $8.2 Million In Fairfield

FAIRFIELD, CT — Two adjacent office buildings at 328 and 338 Commerce Drive in Fairfield were sold in a single transaction for $8.2 million, Jon Angel, President of Angel Commercial, LLC, a commercial real estate firm based in Southport, announced in a press release. The total building area is 48,958 square feet on 1.91 acres of land.

The sellers were 328 Commerce Drive, LLC, and 338 Commerce Drive, LLC. The buyer was CDR-328, LLC. This was an off-market transaction handled solely by Angel Commercial, LLC, according to the press release.

“There are no planned changes at the buildings and the transition to the new entity should be seamless with respect to the current tenancy,” Angel said in a statement. “The acquisition of both buildings provides frontage on Commerce Drive as well as Halley Court.”

Angel Commercial, LLC, has been retained for future leasing representation of the assets going forward.

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