Kaster Moving Co. has purchased an industrial building in Stratford for $5.15 million to offer storage solutions.
Jon Angel, president of Angel Commercial LLC, a Southport-based commercial real estate brokerage firm, sold the 87,150 square-foot space on 400 Long Beach Blvd. to the moving company.
Angel represented the seller, 400 Long Beach Limited Partnership. Vidal/Wettenstein, a Westport-based real estate services firm, represented the buyer.
Kaster operates out of Stamford and Stratford and provides relocation and packing services.
The company will take up the majority of its new building, 32 percent of which is occupied by an existing tenant. The building was originally constructed for Associated Foods in 1978 as a primary distribution center for regional supermarkets. It has 17 loading docks and is less than 1 mile from Interstate 95.