WESTPORT — A Fairfield resident has purchased a single-story retail center in downtown Westport for $12.3 million recently, according to Vidal/Wettenstein LLC.
The sale of the 160-184 Main St. property to Michael Berkowitz from the Hulbert Family Trust of Texas was finalized by Vidal/Wettenstein LLC. Fully leased tenants include Chase Bank, Simon Pearce, Vouri, Eileen Fisher, and Brain Freeze.
The retail center spans 12,560 square feet and sits on more than half an acre. It was sold for nearly $1,000 per square foot.
“We are pleased to see the property transition to a local investor who has previously worked with Vidal/Wettenstein on other transactions,” said David Fugitt, partner at Vidal/Wettenstein. In addition to this sale, Vidal/Wettenstein has facilitated several transactions for Berkowitz, including the purchase of the former Kohl’s Center in Fairfield and the Price Rite property on Main Street in Bridgeport.
The transaction was represented by David Fugitt and Bruce Wettenstein, SIOR, both partners at Vidal/Wettenstein. Dana Friedman of Harlow, Adams & Friedman, PC, Milford, served as counsel for the buyer, while David Cohen of Moritt Hock & Hamroff, Garden City, NY, represented the seller.
