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Matrix Investment Group Buys Norwalk Office Building

Matrix Investment Group purchased a Norwalk office building for $13.5 million.
Matrix Investment Group purchased a Norwalk office building for $13.5 million. Photo Credit: Contributed

NORWALK, Conn. -- Matrix Investment Group recently purchased the office building at 535 Connecticut Ave. It is a 179,000-square-foot building, which was bought in a joint venture involving KABR Real Estate Investment Partners and Blackpoint Partners for $13.5 million.

Housed in the building, which is 45 percent leased, are a fitness center and cafeteria. Ninety-five percent of the parking is covered.

Jeffrey Dunne and Steven Bardsley of CBRE Group’s Institutional Properties were the representatives for the buyer and seller.

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