

Albert
B. Ashforth, Inc. – Management Services has been
selected by Patriot Realty NY LLC, a private group of investors,
to manage three Fairfield County, CT office buildings totaling
168,000 square feet. The buildings include: Plaza West, a
90,000 square foot office facility located at 100 Mill Plain Road
in Danbury, CT; 500 Post Road East, a 40,000 square foot office
building in Westport, CT; and 83 East Avenue a 38,000 square foot
building in Norwalk, CT.
Plaza
West was built in 1982 and is conveniently located on Route 6
at Exit 2 off I-84 and near the Danbury Fair Mall. Inside the
building’s main lobby is a banking branch
for the Union Savings Bank and there are a variety of restaurants
and other shops within walking distance. Currently, the property
is 94 percent leased. Major tenants include Morganti Group Inc.,
Flagstar Bank, Media Plus LLC, Patriot Executive Suites, and
Countrywide Home Loans Inc.
500
Post Road East was built in 1979 and is located on US Route 1
near I-95. The building is 100 percent leased and the majority
of the building is leased to Terex, a Fortune 400 company
Plaza
East, 83 East Avenue, was built in 1965 and is located conveniently
between I-95 and US Route 1 with easy access to I-95. The
property is 90 percent leased mostly to doctors and dentists. It
is the preeminent professional building on East Avenue.
“We are very pleased to have been selected by Patriot Realty
to manage their portfolio of properties. We have actually
been award a number of new assignments in the last few weeks. It
is a reflection that operating excellence matters greatly to owners,
particularly in an unsettled market,” said Robert Hartt,
Executive Vice President for Ashforth’s Management Services
Division.
David
P. Marks, vice president of Albert B. Ashforth, Inc. – Management
Services will be the account executive for Patriot Realty. Cliff
Lemle is the Assistant Property Manager for all three buildings.