6 Armstrong Road in Shelton Sells for $16.73M

The office building located at 6 Armstrong Road, in Shelton, has sold for $16.73 million. The buyer is Windsor Management Corp., a property management firm based in New York City. The property sold 87% occupied, up from 50% just a year earlier. The seller, Marcus Partners, Inc., originally purchased the property in May 2012 for $8.15 million.

6 Armstrong Road is a four-story Class A office building located in the southern section of Shelton. The building contains 163,287 square feet of space, and sits on a 16 acre property. The office underwent approximately $2.2 million in renovations and upgrades in 2012 including HVAC, common area and lobby renovations, restroom renovations, and improved parking. The building offers amenities such as a full-service cafeteria, conference facility, and fitness center.