National Hall in Westport sells for $17.5 million

national hall westport — The National Hall complex on the banks of the Saugatuck River in Westport. Photo by Alexander Soule/Hearst Connecticut Media

National Hall, the five-building waterfront complex in Westport, has been sold for $17.5 million by Greenfield Partners to a Greenwich investor, according to commercial real estate company Cushman & Wakefield. The realty arranged the sale and has been retained as the exclusive leasing agent.

Greenfield listed National Hall for sale over a year ago; its headquarters have been in the complex since 2010.

As of June, 200,000 square feet of office space was available in Westport, according to the realtor”™s Stamford office. That figure represents about 15% of the market, with landlords asking about $41 a square foot in rent.