Partners Capital Inc. Acquires Norwalk Industrial Property For $16M

The industrial property located at 13900 Shoemaker Avenue, 13020, 13035, 13045, 13055, & 13065 Tom White Way in Norwalk has been sold. The transaction was finalized on August 17, 2022, with Cheryl Simpson as the seller. Partners Capital Inc., represented by Ryan Adjnasian & Mark Blumenthal, acquired the property for a total sale price of $16,000,000. The property spans a total area of 75,059 square feet, resulting in a price per square foot of $213.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $16,000,000
• Address: 13900 Shoemaker Avenue, 13020, 13035, 13045, 13055, & 13065 Tom White Way, Norwalk
• Buyer: Partners Capital Inc. - Ryan Adjnasian & Mark Blumenthal
• Seller: Cheryl Simpson
• Brokers: Lars Platt & Don Yahn - Cushman & Wakefield
• Square Footage: 75,059
• Price per Square Foot: $213

Lars Platt and Don Yahn from Cushman & Wakefield acted as the brokers in this transaction, representing the buyer, Partners Capital Inc. The deal highlights the active involvement of Ryan Adjnasian and Mark Blumenthal from Partners Capital Inc. as the buyers' representatives. This sale represents a significant step in the industrial property market in Norwalk.