1000 Bridgeport Ave

Address: 1000 Bridgeport Shelton, CT 06484

Date Acquired: April 2007

Location Description:

Located on Bridgeport Avenue, the building is directly adjacent to Route 8. With easy access to the Merritt Parkway or I-95, the property is ideally located to capture businesses that want to locate between the Hartford and Bridgeport areas. The site features superb vehicular access and impressive local demographics.

Building Description:

Constructed in 1986, 1000 Bridgeport Ave is a 133,226 square foot, five-story, free-standing office building.

Major Tenants:

Avalon Bay Communities
Hersam Acorn Publications
People's Bank
 

Investment Rationale:

Continue to sustain the property’s historically high level of occupancy by actively maintaining the quality of the building and property management services. Lease the remaining vacant space while simultaneously capitalizing on the growth of market rent due to the northerly flow of tenant demand and the building’s direct proximity major highways.