New York City-based real estate investors paid $26.7 million for Trefoil Park, a five-building, approximately 233,000-square-foot office, laboratory and flex industrial campus in Trumbull, Cushman & Wakefield Inc. announced today.
The deal was brokered for the seller, The Silverman Group of Short Hills, N.J., by a Cushman & Wakefield team of Tom O”™Leary, Gary Gabriel, Andrew Merin, David Bernhaut and Andrew Schwartz. The buyer, 265 West 34th Street, LLC, appointed Cushman & Wakefield exclusive leasing and management agent for the Fairfield County property.
Trefoil Park is 95 percent leased, according to Cushman & Wakefield, and includes two 3-story buildings at 35 and 55 Corporate Drive totaling approximately 102,000 rentable square feet; a 2-story building at 126 Monroe Turnpike of 44,221 rentable square feet, and two single-story buildings totaling 86,290 rentable square feet.
Trefoil Park’s roster of 37 corporate and industrial tenants includes Sun Products Corp., Enthone Inc., Ocean and Coastal Consultants, Liberty Mutual and Bright Horizons Children”™s Centers.
