Press Release

Date:

October 1, 2010

Contact:

Colonial Realty of Fairfield - Katrina Stoogenke

Phone:

(203) 367-4087

P.C. Richard and Son recently purchased a +68,722 square foot building at 241 Pine Street, Bridgeport, Connecticut.  They will use the space for warehousing and distribution to service the new stores in Norwalk, Milford, Danbury, Manchester, Newington, North Haven and Enfield, Connecticut.  P.C. Richard and Son also has stores in New Jersey, New York and Pennsylvania. David S. Gorbach, SIOR and Joel Hausman represented the Seller and Purchaser in this transaction.

Newport Corporation recently leased +35,000 square feett of space at 150 Long Beach Boulevard. Newport Corporation is the leading worldwide manufacturer and distributor of precision components and systems used for development and application of the laser.  Colonial Realty and FHO Partners were the brokers involved in the transaction.

Staples recently renewed their lease of +20,000 square feet at 400 Long Beach Boulevard in Stratford Executive Park.  Staples is a major supplier of office supplies, equipment, and  furniture. David S. Gorbach, SIOR, and Joel Hausman of Colonial Realty were the brokers in this transaction.