The new owner plans to demolish a portion of the 150,000-square-foot industrial building and renovate the asset in Derby, Conn.

Fischer Real Estate Brokers Sale of 150,000 SF Industrial Building in Connecticut

by Amy Works

DERBY, CONN. — Fischer Real Estate has arranged the sale of an industrial property located at 150 Roosevelt Drive in Derby. An Ohio-based investment group purchased the two-story, 150,000-square-foot property for an undisclosed price. The buyer plans to demolish a portion of the building, renovate the remaining asset and re-introduce the property on a for-lease or for-sale basis. Alan Fischer of Fischer Real Estate represented the buyer and the seller, Derby Cellular Products LLC, in the transaction.

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