STRATFORD — New York-based Kloof Capital has acquired a 54,000-square-foot flex industrial property located at 555 Lordship Boulevard for $4 million. The transaction marks the firm’s first direct investment as part of a targeted strategy to invest in flex industrial assets across Southwestern Connecticut and select Tri-State markets.
Kloof purchased the property from 1608 Development LTD Partnership, controlled by Stratford Executive Park Inc. The property was last appraised for $4.5 million in 2025, according to town property records.
The acquisition was financed with a loan from First Bank of Greenwich and arranged by Arrow Real Estate. The financing process attracted significant lender interest, resulting in 18 competing offers. Kloof Capital plans to execute a value-add strategy focused on lease-up, targeted capital improvements, and operational enhancements, with the goal of stabilizing the asset and driving long-term value.
“We are delighted to complete our first flex industrial acquisition in Stratford, a market supported by strong fundamentals, proactive local leadership, and a vibrant business community,” said Brett Kaplan, Vice President at Kloof Capital. “This investment reflects our long-term conviction in Southwestern Connecticut, and we look forward to continuing to expand our presence in the region.”
This acquisition represents a key milestone for the firm as it builds out a targeted portfolio of flex industrial assets in high-demand, supply-constrained markets.
Kloof Capital is a private investment firm established in 2013 that engages in a broad range of investment activities across asset classes globally.
