Case Studies and Recent Deals

Case Studies

FEDERAL ROAD SYNDICATION

NIR identified an underperforming property in the Danbury market. After purchasing the asset, NIR worked with our team of engineers, along with CT DOT, to secure light signalization at the property. With the addition of the light signalization, NIR was able to secure interest from several credit tenants and the property is currently in contract.

PEPPER STREET SYNDICATION

NIR identified an underperforming property in Monroe, CT that was purchased and repositioned for tenancy that met the market demand. Leases with credit tenants were secured, earning the syndicate a 35% IRR.

FAIRFIELD COUNTY RETAIL ASSET

NIR worked on behalf of an investment client to secure P&Z approval for the only drive-thru in the municipality’s history. NIR was then able to greatly increase the value of the asset by identifying and securing a credit tenant.

STRATFORD SHOPPING CENTER

NIR arranged a 15-year lease of 35,000 SF for $7,972,729. NIR identified the fitness tenant to occupy the space and best stabilize the retail asset.

FAIRFIELD COUNTY DEVELOPMENT

NIR secured the anchor tenant for the largest proposed mixed-use development in Fairfield County history. The 121-acre property includes 405 apartments, more than 500,000 square feet of retail and 20,00 square feet of medical offices.

FAIRFIELD COUNTY OFFICE SALES

NIR partnered with TEN-X auction platform to market to a larger audience of investors. The Buyers of both assets were from outside the United States.

14 Commerce Road SOLD: $1,850,000
15,618 SF
2 AC

12 Turnberry Lane SOLD: $2,850,000
24,679 SF
5.22 AC

FAIRFIELD COUNTY FLEX SALE

NIR consulted the owner of an underperforming asset, the use of which was obsolete in the current market. NIR was able to secure a zoning variance with the municipality to allow the property to be repositioned for sale.

754 Main Street  SOLD: $1,400,000
20,648 SF
22.59 AC

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