HK Group Sells 468 Post Road East for 1.2 Million
Release
Franco Fellah, Executive Vice President at HK Group, and Jacqueline Novotny, Senior Vice President at CBRE, are pleased to announce the sale of the 468 Post Road East in Westport, Connecticut.
The seller was B & D Properties, LLC and the buyer was P9 Holdings, LLC. The price was $1,275,000.
Burke Construction arranged for a sale with lease-back provisions.
The two story 4,593 SF office building constructed in 1987 includes 200 feet of frontage on the Post Road (US-1) and has been renovated multiple times. It sits on a 0.37 acre lot zoned General Business District.
The property is located in a prime Westport location on the Post Road with great visibility. It is nested between the Wells Fargo building at 450 Post Road East and the Morgan Stanley building at 500 Post Road East.
Franco Fellah represented the seller; Jacqueline Novotny, Senior Vice President at CBRE, represented the buyer.