Avison Young Fairfield/Westchester Office Arranges Sale of Development Site in Wilton, CT


In another sign of the town of Wilton, CT’s efforts to spur commercial growth, Sean Cahill, Avison Young Principal and Managing Director of the firm’s Fairfield/Westchester office, has announced that the firm has recently closed a deal on a 1.86-acre development site at 200 Danbury Road in Wilton, CT for $1.2 million

Sean McDonnell, principal in the Fairfield/Westchester office and Senior Associate Alison Luisi of Avison Young's Capital Markets Group arranged the all-cash, no contingencies sale of the redevelopment site on behalf of the seller, The Kent House, LLC. The buyer, 200 Danbury Road LLC, is a local developer with plans for a possible mixed-use residential/retail center.

“The Town of Wilton has been extremely proactive in encouraging new commercial development,” said Mr. McDonnell, who has arranged several other development site sales along the Danbury Road/Route 7 Corridor during the last several years. “This corner lot along Route 7 offers great visibility and access for both residents and retailers.”

Avison Young is one of the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 80 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family and hospitality properties.

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.