{"id":1004156852,"date":"2016-10-25T07:13:15","date_gmt":"2016-10-25T15:13:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004156852"},"modified":"2020-04-06T00:16:43","modified_gmt":"2020-04-06T08:16:43","slug":"colliers-international-closes-office-property-sale-in-stamford","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/colliers-international-closes-office-property-sale-in-stamford\/","title":{"rendered":"Colliers Closes Office Property Sale in Stamford"},"content":{"rendered":"<p><em>By Ioana Moldovan<\/em><\/p>\n<div id=\"attachment_1004156859\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/750_east_main_street_01.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004156859\" data-attachment-id=\"1004156859\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/colliers-international-closes-office-property-sale-in-stamford\/750_east_main_street_01\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/750_east_main_street_01.jpg\" data-orig-size=\"680,330\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"750_east_main_street_01\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/750_east_main_street_01.jpg?w=680\" class=\"wp-image-1004156859 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/750_east_main_street_01.jpg\" alt=\"750 East Main Street\" width=\"300\" height=\"146\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/750_east_main_street_01.jpg 680w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/750_east_main_street_01.jpg?resize=300,146 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004156859\" class=\"wp-caption-text\">750 East Main Street<\/p><\/div>\n<p><strong>Stamford, Conn.<\/strong>\u2014<a href=\"https:\/\/www.colliers.com\/en-us\/us\" target=\"_blank\" rel=\"nofollow\">Colliers International<\/a>\u00a0closed the sale of <a href=\"https:\/\/www.forstonecapital.com\/properties\/750_east_main_street_stamford.html\" target=\"_blank\" rel=\"nofollow\">750 E. Main St<\/a>., a 103,367-square-foot, Class A office property located in Stamford&#8217;s CBD. Darien-based <a href=\"https:\/\/www.forstonecapital.com\/\" target=\"_blank\" rel=\"nofollow\">Forstone Capital<\/a>\u00a0purchased the asset in an off-market transaction for $8.1 million, according to <a href=\"https:\/\/www.propertyshark.com\/\" target=\"_blank\" rel=\"nofollow\">Property Shark<\/a> data.\u00a0Colliers\u2019 Al Gutierrez, executive managing director, Enzennio Mallozzi, Stamford-based managing director, as well as Cynthia Foster, New York-based office services president,\u00a0represented the seller and procured the buyer.<\/p>\n<p>\u201cThis transaction required a buyer who knows the market well and understands that this is a quality asset at a value-driven price,\u201d said Gutierrez in an official statement, \u201cWe had to move quickly in order for the exit strategy to be beneficial for the seller and were able to find the right buyer and complete the deal within a 40-day window.\u201d<\/p>\n<p>Built in 1986, the building is situated in a\u00a0prime location offering a view of the Long Island Sound estuary. The 10-story property features six floors of office space and four levels of structured parking, with a flexible floorplate suited to small and large tenants in numerous industries such as financial services, <a href=\"https:\/\/www.commercialsearch.com\/news\/technology\/\" target=\"_blank\">technology<\/a> and sales. Amenities include food services, a fitness center, a conference facility, a dedicated train shuttle and on-site security.<\/p>\n<p>Additionally, the asset is highly visible from Interstate 95, providing signage opportunities for larger companies.\u00a0Moreover, tenants have easy access to many retail, restaurant and service amenities, as well as the Stamford Transportation Center.<\/p>\n<p><em>Image courtesy of Forstone Capital<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The building offers more than 103,000 square feet of space and is situated in Stamford&#8217;s central business district. <\/p>\n","protected":false},"author":1087,"featured_media":1004156859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1600,21742,10,21747],"tags":[],"class_list":["post-1004156852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-new-york","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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