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New York & Tri-State  + Fairfield/Westchester  + Office  | 
40 Danbury Road is a 161,222-square-foot office property in Wilton, Connecticut

Northpath Investments Makes First Fairfield County Acquisition with Wilton Office Deal

Jeffrey Dunne, Steven Bardsley and Travis Langer of CBRE’s Institutional Properties represented the seller, Wilton 40/60, LLC, of 40 Danbury Road in Wilton, CT. CBRE also procured the buyer, Danbury Holdings DE LLC, an entity managed by Northpath Investments. This is Northpath’s first office acquisition in Fairfield County. 

The 161,222-square-foot LEED Gold certified office building is 42% leased and located directly on Route 7, the economic office hub of central Fairfield County. The property offers stable income from credit tenants while providing upside to lease the vacant space. 

Bardsley said, “The existing WALT of over six years allows Northpath to focus on the vacant space lease-up without a concern for existing tenant roll. Their expertise in repositioning assets and a favorable basis should allow them to immediately compete in the Fairfield market.” 


Inside The Story

CBRE's Bardsley

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition