Davis Companies acquires Campus facility in Wilton, Conn.The Davis Companies announced that one of its affiliates has acquired a corporate campus located in Wilton, Conn. at 36-64 Danbury Road, from PE Corporation. The 30-acre campus is located in Fairfield County Fairfield County is the name of three counties in the United States:
"We continue to be very bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish on the Route 7 corridor because of its location in the heart of residential commumties such as Wilton, Westport, Norwalk, New Caanan, Weston and Darien, as well as its close proximity to the commuter trains and the ease of the reverse commute A reverse commute is a round trip, regularly taken, from a metropolitan area to a suburban one in the morning, and returning in the evening. It is almost universally applied to the trip to work in the suburbs from home in the city. from lower Fairfield County and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ," said David Fiore, director of The Davis Companies' Wilton office. "The acquisition of these properties by The Davis Companies highlights our continued commitment to providing high-quality office space in Fairfield County," said Paul Marcus, president of The Davis Companies. "The main building on the campus, 50 Danbury Road, is the only building in Fairfield County today that has over 200,000 square feet of first class office space available for lease and the site can further accommodate a growing company's real estate requirements through its development potential. 50 Danbury Road presents an unparalleled opportunity for tenants." 50 Danbury Road is a two-story, 216,000 square-foot building constructed in 1961 and extensively reconstructed re·con·struct tr.v. re·con·struct·ed, re·con·struct·ing, re·con·structs 1. To construct again; rebuild. 2. in 1988. 64 Danbury Road is a three-story, 45,000 square-foot building built in 1978. The $9 million renovation planned to upgrade 50 Danbury Road to a Class A multi-tenant office building includes doubling the number of windows, adding three atriums and new multi-tenant corridors and lobbies, renovated restrooms, a new fitness center and locker Things commonly known as lockers include:
PE Corporation has occupied the property since its original construction. Following PE Corporation's sale of its analytical instruments business to EG&G last spring, it no longer needed the facility. Jeffrey H. Gage and Ed Tonnessen of Albert B. Ashforth, Inc., which was appointed exclusive agent, brokered the sale. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion