NORWALK – Hondo Holdings LLC, a Prescott, Arizona-based company with interests in financial services, has purchased a 3,000-square-foot office condominium in downtown South Norwalk for $900,000, according to the real estate broker Choyce Peterson Inc. of Norwalk.
Former owner Orange Spaces LLC – a non-residential property manager – sold the condo at 85 Washington St., Unit 1F, recently. The transaction was handled by Scott Peterson and Charlene O’Connell, both vice presidents at Choyce Peterson Inc., a full-service commercial real estate brokerage firm.
“We really appreciated Charlene and Scott’s guidance, responsiveness, and commitment, which made the entire process very smooth,” said Greg Stewart, founder and executive creative director at Orange Spaces. “As they said in the beginning, it was a great space —but only for the right person at the right time. We are happy for the early hustle to promote our listing and get our space well known in the market.”
New owner Shawn Matthews, CEO of Hondo Holdings, noted how critical the space is to the company’s future.
“We are looking forward to this next chapter in our company’s growth as we relocate from Stamford to the exciting neighborhood of South Norwalk,” Matthews said. “This space is perfect for our financial services company, and we appreciate the smooth sales process that Choyce Peterson facilitated.”
After being appointed by Orange Spaces as the exclusive agent to sell or lease the condo, Peterson and O’Connell immediately launched a targeted marketing campaign aimed at both owners and tenants throughout Fairfield County.
The promotion material emphasized the property’s prime downtown location (less than a 1/2 mile from Exit 14 of I-95 and a six-minute walk to the South Norwalk train station) and highlighted the condo’s rare and desirable private parking, as well as a dedicated entrance.
The office condo space was highly appealing to small business owner-occupants who appreciated the recently renovated glass enclosed offices, updated kitchen, polished concrete floors and unique executive conference room constructed in a former bank vault, making it an attractive and functional space.
“Following the launch of this thoughtful and strategic targeted campaign, we quickly heard from multiple interested parties seeking to purchase the unit as owner-occupants rather than lease,” Peterson and O’Connell said. “We then worked expeditiously to reach the most competitive offer for our client.”
