One Parrott Drive

1 Parrott Drive, Shelton, Connecticut

One Parrott Drive is a 102,000 square foot single-story industrial property located in Shelton, Connecticut. The property was acquired by an affiliate of David Adam Realty in January 2022 at 60% occupancy, as a value-added opportunity to invest in a high-quality industrial flex building. 

The building offers flexible floorplans for a mix of manufacturing, assembly, warehouse, and office uses. One Parrott Drive is very well located, with easy access to Route 8 that connects directly to the Merritt Parkway and I-95, plus a great amenity base of restaurants, shopping, and hotels along Bridgeport Avenue.

DAR leased the remaining 41,000 square foot vacancy to an established specialty printing company, executing the lease within 30 days after closing on the investment. The property is currently 100% Occupied.