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Exceptional Opportunity for Value Creation / Adaptive Use

Contact the Cushman & Wakefield team to schedule a Property tour today

Cushman & Wakefield, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale 599 Research Parkway, a 48,249 square foot, suburban office building located in Meriden, CT (the “Property”). Long known as the Verizon Building, 599 Research Parkway is currently 100% vacant, yet provides some of the largest available contiguous space in both Hartford & New Haven County. This highly visible, signature asset has 900 feet of frontage along I-91 between exits 15 and 17 with nearby access to I-691, Route 15 & I-84.

 

Investment Highlights

  • Flexible floor plates to attract high quality tenants with a variety of uses
  • Exceptional Visibility & Access along the 1-91 Corridor
  • Located within the 700-acre Medway Business Park - considered the strongest corporate area in central Connecticut
  • Excellent Physical Condition
  • Attractive Entry Price to Establish a Presence in High Profile Area

 

This offering provides a potential investor complete upside and flexibility with a superior property in a highly desirable business park setting. Neighboring tenants in the park include Medline, Nationwide Insurance, GKN Aerospace and 3M.

 

 

 

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

599 Research Parkway, Meriden CT

599 Research Parkway, Meriden, CT 06450

Sold

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 6.75 Acres
  • Year Built
  • 1982
  • Year Renovated
  • 2015
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 269
  • Occupancy
  • 0%
  • Occupancy as of
  • Apr 30, 2019
  • Office Type
  • Suburban Office
  • Property Size
  • 48,249 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Michael A. Fine

      c/o Fisher Auction Company Inc.

      License: 0755028