Industrial property

Trumbull Industrial Property in $4.4M Sale and Leaseback Agreement

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. .”

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Phil Hall’s writing for Westfair Communications has won numerous Connecticut Press Club and Connecticut Society of Professional Journalists awards. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release “Moby Dick: The Radio Play” and the upcoming “Jesus Christ Movie Star”, both published by BearManor Media ). He is also the host of the SoundCloud podcast “The Online Movie Show”, co-host of the WAPJ-FM talk show “Nutmeg Chatter” and writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog, Profit Confidential, The MReport, and Outside of journalism, he’s also a horror movie actor – usually playing the creepy villain who is gravely killed off at the end of each movie.