Paragon Gets Norwalk Retail Office Property

NORWALK, CT-GlobeSt.com has learned that the retail/office complex at 490 and 508 Westport Ave. here has changed hands. An affiliate of Paragon Realty Group LLC of Westport purchased the property located near the Norwalk/Westport border that totals 58,193 sf from an undisclosed buyer. No purchase price was reported.

Commenting on the deal, John Nelson, managing member of Paragon Realty Group LLC, says, “We were delighted to be able to acquire such an important and prominent property in this exclusive market. This complements our existing portfolio and augments our commitment to our local market.”