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Norwalk Offices Sold to New York Investor

Image courtesy of Google Maps

A recently updated multitenant office building in Norwalk has been acquired for $8.5 million by Valley East Properties of Westbury, New York.

The seller, Voya Investment Management of Atlanta, acquired the property through foreclosure in June 2019.

The seven-story structure located near exit 14 off Interstate 95 recently underwent a multi-million-dollar capital improvement program including updates to the facade, mechanicals, lobbies and common areas. Amenities include a fitness center with locker room, cafe with indoor and outdoor seating, structured parking and seventh-floor penthouse with private elevator.

Cushman & Wakefield’s Al Mirin, Kate Schwartz and Matthew Torrance represented the seller.

“200 Connecticut Avenue offers a combination of newly-renovated common areas, on-site amenities and Interstate 95 visibility, making it a strategically-positioned investment,” Mirin said in a statement.