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BEB Capital Acquires $2M, 33K-SF Industrial Property in Wallingford
BEB Capital, an investor and developer of industrial, office and multifamily assets, has acquired the industrial property located at 9 Fairfield Boulevard in Wallingford, CT for $2.3 million. The 32,745-square-foot asset will be delivered vacant to BEB Capital.
Ben Fischer, Dan Penaro, and Keyvan Ghaytanchi of BEB Capital oversaw the acquisition. James Panczykowski of JLL represented the seller, National Filter Media Corp.
“9 Fairfield Boulevard aligns with our core investment strategy to acquire value-add and core plus industrial deals in the tri-state area and will continue to seek more opportunities to acquire assets in this market and grow our portfolio,” said Lee Brodsky, CEO of BEB Capital.
BEB Capital, which also owns 34 Barnes Industrial Park Road in Wallingford, has an industrial portfolio consisting of 16 industrial properties throughout the East Coast totaling roughly 1.3 million square feet.
- ◦Sale/Acquisition