The Wilton office property 40 Danbury Road was sold to Danbury Holdings DE LLC, an entity managed by the New York City-based real estate investment group Northpath Investments.
The acquisition is Northpath”™s first office acquisition in Fairfield County; the purchase price was not disclosed.
The property is a 161,222 -square-foot, LEED Gold certified office building based directly on Route 7. The property is 42% leased and is located within a four-building office park.
CBRE Institutional Properties procured the buyer and represented the seller, Wilton 40/60 LLC.