Westfield Trumbull mall is sold

The Westfield Trumbull mall has been sold as part of a two-property portfolio for $196 million.

Unibail-Rodamco-Westfield (URW) announced the Trumbull-based property and another shopping center ”“ Westfield South Shore in Bay Shore, New York ”“ was acquired by an unnamed commercial real estate investment firm. Trumbull First Selectman Vicki Tesoro issued a statement saying she was informed of the new owner”™s identity by URW, but did not publicly release the company”™s name.

The 125,000-square-foot Westfield Trumbull opened in 1964 as Connecticut”™s first enclosed mall and is 85% leased. It was purchased in 1977 by The Westfield Group, an Australian mall operator, which was acquired in December 2017 by the French company Unibail.