Trefoil Corporate Park Sold in Trumbull

TRUMBULL, CT- Cushman & Wakefield announced that it represented The Silverman Group in the sale of the five-building corporate park Trefoil Park.

The buildings are located at 35 Corproate Drive in Trumbull and were sold for $26.7 million to 265 West 34th Street LLC.

“Trefoil Park presented a rare opportunity to purchase a flex portfolio in prestigious Fairfield County, CT,” said Tom O’Leary, Senior Director of Cushman & Wakefield. “Given its strong history of tenant retention, we’re not surprised that the complex sold in such a short period of time, and we are gratified to continue our involvement with the property as its exclusive management and leasing agent.”

The five buildings included in the portfolio are:

• 35 Corporate Drive (three stories and 54,899 rentable square feet)
• 55 Corporate Drive (three stories and 47,264 rentable square feet)
• 126 Monroe Turnpike (two stories and 44,221 rentable square feet)
• 30 Trefoil Drive (single story and 45,615 rentable square feet)
• 204 Spring Hill Road (single story and 40,675 rentable square feet)

There are currently 37 corporate and industrial tenants in the park and more than 36 percent of tenants have been tenants for 10 years or longer.

Image via Google Maps