Westport-based Terex Corp., the world’s third largest manufacturer of construction and mining equipment, will be shifting its corporate operations from 500 Post Road East to the Nyala Farms Corporate Center, according to GlobeSt.com
The firm, a major construction and mining equipment manufacturer, will relocate by year’s end from its current office opposite Westport fire headquarters to the office complex just off I-95 on Greens Farms Road, the Web site reported.
Terex currently occupies 35,000 square feet at 500 Post Road East and will move to 79,598 square feet of space at the 372,207-square-foot, five-building complex at Nyala Farms.
The long-term lease is the largest lease transaction so far this year in Fairfield County and brings the Nyala property to 100 percent occupancy, according to real estate firm Cushman & Wakefield.
Major tenants at Nyala Corporate Center include: Benfield, Smith Barney, Playtex Products, Lifecare, Deloitte & Touche, Pequot Capita, and Phibro Energy.
