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Consumer products giant Unilever, as of its expansion plans in Trumbull, has decided the company might be better off leasing a building it has owned since it was built in the mid-1960s.
A deed filed with the town of Trumbull shows that Unilever subsidiary Conopco Inc. sold the 100,000-square-foot structure at 20 and 40 Merritt blvd. to WHConn L.L.C. for $21.5 million on Feb. 24.
The buyer is a subsidiary of Whiting-Turner Contracting Co. of Baltimore - the company currently constructing the $20 million, 80,000-square-foot expansion to the building Unilever announced in October.
"We did sell the property to Whiting-Turner. We are now leasing it while the improvements, renovations and construction is being done on that," said Unilever spokeswoman...