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.
No comments:
Post a Comment
For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.