A New York York-based Next Step Creative Group has bought the downtown Bridgeport building where the Connecticut Post was located for ninety years. The four-story, 57,870-square-foot building, built in 1928, went for $1.15 million, the paper reports. The building will be renovated and rented out.
Fairfield-based commercial real estate firm Angel Commercial represented the buyer and Cushman & Wakefield represented the seller in the deal.
Investment firm Next Step Creative Group develops spaces for educational and vocational programs.
“Bridgeport has a lot to offer in industrial, office as well as educational fields, so we think that we are investing in a bright future and Bridgeport is a part of that investment,” co-owner David Esfhani.
Last fall Connecticut Post staff moved from the office building to a new downtown spot three blocks away.
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