HASTINGS TO MARKET TEREX OFFICE SUBLEASE IN WESTPORT

Posted on July 29, 2010
Filed Under Commercial News, Recent Commercial Transactions, Westport Connecticut | Leave a Comment

500 POST ROAD EAST, WESTPORT, CT

500 POST ROAD EAST, WESTPORT, CT

WESTPORT, CT, JULY 28, 2010 – John D. Hastings commercial realty has been selected by Terex Corporation as exclusive agent to market the subleasing of their former headquarters building at 500 Post Road East in Westport, Connecticut. 

One of Westport’s signature properties, the 36,000 square foot, 3-story, 500 Post Road East, is located in the heart of town, with easy access to banks, restaurants and various retail businesses, including several physical fitness facilities.  It is also convenient to Interstate 95, the Merritt Parkway and two railroad stations. 

Terex is offering a total of 25,494 rentable square feet – the entire third floor of 15,592 S.F, 8,474 S.F.on the second floor and a small 1,471 S.F. on the ground floor. All units are offered at very aggressive leasing rates with generous fit-up allowances.

 The Hastings real estate team will be led by Mark Holod and Ted Hampe with support from the entire 11-broker Hastings team.

John D. Hastings is a full service commercial real estate firm now in its 63rd year of continuous operation in Westport and Wilton. The current staff of 11 brokers are experts in leasing, sales and property management as well as all types of commercial business – office, retail and industrial. We are located just one block north of downtown Westport at 245 Main Street in Westport.

Terex Corporation is a diversified global manufacturer operating in four business segments: Aerial Work Platforms, Construction, Cranes, and Material Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. Terex uses its website to make information available to its investors and the market at www.terex.com

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