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Standalone Quincy Retail/Office in $2.5M Sale //Fully-leased Retail in Cambridge is Sold //Walker Center in Newton Sold for Housing //Clinton Retail in Million-Dollar Trade //Weymouth Manufacturing Prints $ for Seller // Standalone Quincy Retail/Office in $2.5M Sale //Fully-leased Retail in Cambridge is Sold //Walker Center in Newton Sold for Housing //Clinton Retail in Million-Dollar Trade //Weymouth Manufacturing Prints $ for Seller // Standalone Quincy Retail/Office in $2.5M Sale //Fully-leased Retail in Cambridge is Sold //Walker Center in Newton Sold for Housing //Clinton Retail in Million-Dollar Trade //Weymouth Manufacturing Prints $ for Seller //

$30.5M Takes Fountain Square; H&T Retail Broker CT Deal

July 07, 2026

Shelton CT — The veteran retail team of Bob Horvath, Todd Tremblay, and Matt Nadler of Horvath & Tremblay completed the sale of Fountain Square, a new-construction retail center in Shelton, Connecticut. H&T exclusively represented the seller and secured the buyer, resulting in the completion of the transaction at a sale price of $30,500,000.

Fountain Square is located at 779-795 Bridgeport Avenue in Shelton, Connecticut. The retail development comprises four newly constructed buildings, including a free-standing, ground-leased Chick-fil-A, a single-tenant building leased to CAVA, and two multi-tenant retail buildings leased to a diverse mix of national and regional retailers.

The four buildings total 56,444 square feet on a 6.11-acre parcel of land. Fountain Square is 100% occupied and features a strong tenant roster. Along with the previously mentioned are Jersey Mike’s, Tropical Smoothie, Consumer Cellular, Sport Clips, European Wax Center, Club Pilates, Sugar Llamas, Crumbl Cookies, My Eye Dr., Yale New Haven Health Urgent Care, and other established retailers.

The tenants have long-term net leases featuring scheduled rent increases throughout the primary terms and renewal options, providing investors with stable cash flow and protection against inflation. Fountain Square benefits from modern construction, attractive architectural design, beautifully landscaped grounds, and exceptional visibility and frontage along Bridgeport Avenue, one of Fairfield County’s premier retail corridors.

The Property is strategically located between CT Route 8 and the Trapp Falls Reservoir, surrounded by high-end office buildings, medical facilities, national retailers, restaurants, and luxury residential communities that drive consistent traffic to the area. Fountain Square serves as a destination retail center for the surrounding communities of Shelton, Seymour, Ansonia, Derby, Monroe, and Trumbull, while also benefiting from direct access to CT Route 8, which serves more than 68,000 vehicles per day.

Matt Nadler Bob Horvath Todd Tremblay

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