Jon Angel, president of Angel Commercial L.L.C., a Southport-based commercial real estate brokerage firm, announced the sale of 1501 State St., a 13,715-square-foot industrial building in Bridgeport, to Deyulio Sausage Co. for $1,350,000.
The transaction also included a 98-year land lease with the city of Bridgeport for an adjacent parcel.
For three generations the Deyulio Sausage Co. had been making sausages in Stamford. Deyulio”™s sausages are marketed in supermarkets in seven states and restaurants that include Testo”™s Restaurant in Bridgeport and Fenway Park in Boston.
The Bridgeport building is almost double the size of the previous Stamford facility, offering the company the opportunity to expand its marketing and add new jobs. The move also involves additional production equipment, upping output up to 10,000 pounds of sausage daily.
The move continues recent pro-growth momentum in Bridgeport that includes a large fuel cell electric generating plant.
The State Street property was formerly owned and operated by Dari Farms Ice Cream Inc., according to an Angel Commercial statement on the sausage factory deal. Dari recently executed a lease for 3,500 square feet in the Quarry Road Business Park, in Milford, and plans to use the new space to distribute products regionally.
Angel Commercial brokered the purchase contract as well as negotiated the lease for Dari Farm”™s new premises in Milford.