A 92,319-square-foot office building named Plaza West, located at 100 Mill Plain Road in Danbury, has been sold for $3.9 million, as recorded in city land records. The buyer, CRD LLC based in Bethel, includes principals Mark, Jennifer, and Steven Caraluzzi. The property was previously owned by 100 Mill Plain Investors LLC, with the deed transaction recorded on October 1.
Although the sale price of $3.9 million was calculated using conveyance taxes, the property was appraised at $6.88 million in 2025. The four-story structure occupies 4.11 acres and was 38% leased to 12 tenants at the time of sale. These tenants include businesses in financial, medical, and professional services, featuring a bank branch and three medical office suites on the ground floor.
The marketing brochure from Cushman & Wakefield pointed out the potential for leasing the remaining vacant space to healthcare-related tenants or exploring alternative uses, though specific conversion plans were not detailed. The seller was represented by Al Mirin and Matthew Torrance.
