FORMER GEN RE HEADQUARTERS TRADES FOR $30M IN YEAR-END DEAL

FORMER GEN RE HEADQUARTERS TRADES FOR $30M IN YEAR-END DEAL

STAMFORD, CT – January 4, 2012 – (RealEstateRama) — As the largest Fairfield County commercial real estate investment transaction of 2011, the former General Reinsurance Corporation headquarters at 695 East Main Street in Stamford traded hands for $30 million in a year-end closing. Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group orchestrated the sale from Lehman Brothers Holdings Inc. to Stamford-based developer Building and Land Technology (BLT).

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