Food Bazaar Acquires Retail Property In Bridgeport, CT For $9.05M

Food Bazaar has acquired the retail property located at 2145 & 2135-2145 Fairfield Avenue in Bridgeport, CT for a sale price of $9,050,000. The property spans a total of 54,510 square feet, resulting in a price per square foot of $166. The transaction took place on November 16, 2023.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,050,000
• Square Footage: 54,510
• Price per Square Foot: $166
• Address: 2145 & 2135-2145 Fairfield Avenue, Bridgeport, CT
• Market: Bridgeport, CT
• Buyer: Food Bazaar
• Seller: Atosh Bhardwaj
• Buyer's Representative: Sol Dweck - Dweck Realty Group
• Seller's Representatives: Marcel Sarkisian & Brandon Abdelnour - Encore Real Estate Investment Services

This transaction represents a significant investment opportunity for Food Bazaar, allowing them to expand their retail presence in Bridgeport. With the acquisition of this retail property, Food Bazaar aims to further strengthen its position in the market and cater to the needs of the local community.