The 57,234 square foot industrial manufacturing building at 205 Spring Hill Road in Trumbull was the subject of a $4.4 million sale-leaseback agreement.
Avison Young announced the transaction on behalf of seller Trumbull Printing to buyer Glen Park Capital Partners LLC, a subsidiary of Shelbourne Global Solutions LLC, which represented itself in the deal. Trumbull Printing will re-let the entire property.
“We are grateful to Trumbull Printing for their confidence in Avison Young, especially as this purchase provides an immediate return on investment by leasing the space to the current tenant,” said Judd McArthur, senior vice president of customer representation. tenants and solutions for occupants. at Avison Young. “Its central location on Route 25 makes it convenient for employees and, given its proximity to other nearby businesses, is ideal for a future in light manufacturing, warehouse or distribution in a business-friendly area. .”