BDP Holdings Acquires Office Building In Shelton, CT From Pitney Bowes For $52.2M

The property asset involved in this transaction is an office located at 27-35 Waterview Dr in Shelton, CT. The property spans approximately 300,000 square feet and was sold for a price of $52,200,000. The buyer of the property is BDP Holdings, represented by Dennis Lim, while the seller is Pitney Bowes.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $52,200,000
• Address: 27-35 Waterview Dr, Shelton, CT
• Market: Shelton, CT
• Buyer: BDP Holdings - Dennis Lim
• Seller: Pitney Bowes
• Size: 300,000 square feet
• Price per Square Foot: $174

The buyer, BDP Holdings, represented by Dennis Lim, acquired the office property located at 27-35 Waterview Dr in Shelton, CT from the seller, Pitney Bowes. This transaction demonstrates a significant investment in the real estate market, with the property selling for a total of $52,200,000. The property offers ample space with approximately 300,000 square feet, making it an attractive asset for BDP Holdings. The deal highlights the role of Dennis Lim as the representative for BDP Holdings in this transaction, ensuring a successful purchase of the office property.