Kubtec Purchases Office Building From Sachem Capital Corp For $3.7M In Trumbull CT

The transaction involves an office asset located at 75 Merritt Boulevard, Trumbull, CT. The property was sold for a price of $3,700,000, encompassing a total square footage of 112,544 and a price per square foot of $33.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,700,000
• Buyer: Kubtec
• Seller: Sachem Capital Corp.
• Broker: Alan Fischer - Fisher Real Estate

Alan Fischer represented Fisher Real Estate in facilitating the closed transaction between the buyer and the seller. This deal was noted for its strategic positioning within the Trumbull market. Additionally, a construction loan amounting to $88M was secured by Cushman & Wakefield through Santander Bank for a different multifamily project in Greenwich, CT.