search

The Real Deal Logo

Trending

Chavin surrenders Loop office-to-resi play with deed-in-lieu of foreclosureChavin surrenders Loop office-to-resi play with deed-in-lieu of foreclosureBillionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida moveHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law
New York

Connecticut investors pay $13M for Kohl’s building in Fairfield

Sign Up for the undefined Newsletter

The Kohl’s building in Fairfield, Connecticut, has new owners, the Stamford Advocate reported. A group of local investors bought the building at 290 Tunxis Hill Road through an entity called Tunxis Hill LLC for $12.5 million. The purchase also included the Russell Speeder Car Wash at 620 Villa Avenue and a 1.07-acre parking lot on Greenfield Street, according to the outlet. “Property in Fairfield, Connecticut, is extremely hard to locate, and [the new owners] believe this location is an ideal center for continued growth in the retail sector,” said Bruce Wettenstein, a partner with Westport-based Vidal/Wettenstein, which brokered the deal on behalf of the property’s former owner. Wettenstein told the outlet that all of the existing tenants will stay where they are. [Stamford Advocate]