Stratford flex building sells for $1.045 million
A freestanding flex building at 111 Research Drive in Stratford has been purchased by tenant Kubtec Digital X-Ray for $1.045 million from 111 Research Drive Associates LLC. The property consists of a 10,216-square-foot building with one loading dock on 0.67 acres.
“They executed a purchase option that was arranged when they originally leased the building in December of 2016,” said Angel Commercial LLC President Jon Angel, who represented the seller. “This purchase demonstrates Kubtec”™s commitment to remain in Stratford, which has proven to be a business-friendly environment.”
Founded in 2005 in Milford, Kubtec Digital X-Ray, a registered trademark of KUB Technologies Inc., offers innovative tools in digital x-ray equipment for specimen radiography, low-dose imaging, scientific research, forensic analysis, non-destructive testing, irradiation and more. Kubtec is ISO 9001 and ISO 13485 certified and complies with U.S., Canadian, and European requirements for radiation safety.
Vidal/Wettenstein of Westport represented Kubtec.