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WATERTOWN, CONN. — Fischer Commercial Real Estate Specialists has arranged the acquisition of an industrial building located on 8.4 acres at 760 Frost Bridge Road in Watertown. 1 Frost Bridge Road Realty, a title-holding entity of Norwalk-Wilbert Vault Co., acquired the property from Frost Bridge Road LLC for $1.6 million. The buyer plans to relocate its operations from Bridgeport, Conn., to the 47,098-square-foot property once renovations and structural modifications are complete. Alan Fischer of Fischer Commercial Real Estate Inc. represented the buyer, while Nick Longo of Mathews Commercial Properties represented the seller in the deal.