In 2025, a relative of Subway co-founder Peter Buck bought a Connecticut warehouse held by another

In 2025, a relative of Subway co-founder Peter Buck bought a Connecticut warehouse held by another

Representative image

The buyer, using the company name Swampfield LLC, purchased the former Dandy Foods property on Mill Plain Road for $6.75 million in March 2025 and plans to invest another $1.8 million in renovations. The project includes a new 10,000-square-foot office building, according to Hearst Connecticut Media’s News-Times and New Haven Register. Read more details about it,as per the reports,here: The 4.8-acre warehouse site was developed by entrepreneur Albert Salame and remained in his family for three generations. After Salame’s death in 2023, his family began selling parts of his local real estate portfolio, including the Dandy Foods property. Swampfield LLC completed the purchase in March 2025. Danbury’s planning and zoning department has approved blueprints for a 10,000-square-foot office building attached to the west side of the warehouse. In 2025, the Salame family sold the nearby Maron Hotel for $5 million and later sold the adjacent building housing Stop & Shop for $16 million.

the family intends to keep the site in productive use rather than redevelop it into something entirely different While no tenants have been announced for the larger warehouse space.

Benoit said, as per the reports, that he knew Albert Salame and that the purchase made sense after Salame’s death, when his family was ready to retire from the property. He described the building as needing work and said the family is focused on restoring it. A relative of the late Subway co-founder and philanthropist Peter Buck has bought a prominent Danbury warehouse that had remained in another local family for three generations. The company is connected to a private member of the Buck family, whose philanthropic and land conservation investments are managed through PCW Management Center in Mystic. He added that the renovation will also create offices for a private Buck family member and a property management office that he runs. The existing warehouse needs substantial work, and the new owners plan to bring it back into good condition. The new offices are intended to support the Buck family’s charities, land holdings and related enterprises. The deal is also part of a wider transition in Salame’s former real estate holdings.

Leave a Reply

Your email address will not be published. Required fields are marked *