GREENWICH, CT-With its sole tenant relocating in 2009, General Reinsurance Corp., the owner of 600 Steamboat Rd. here, has put the 210,000-sf office building up for sale. Staubach officials also report that in addition to selling its 600 Steamboat Rd. property, General Reinsurance is on the market for new headquarters space. The firm is studying possible sites for a headquarters location in Fairfield County and Westchester County, NY. General Reinsurance is also considering remaining at its existing location at 695 E. Main St. in Stamford.

The Staubach Co.'s New York City office is marketing the property that sits on a 4.2-acre waterfront parcel. RBS Greenwich Capital, a subsidiary of Royal Bank of Scotland, has occupied the property since 1995 but is relocating to its new $400-million, 500,000-sf headquarters building on Washington Blvd. in Stamford when its lease expires in 2009.

Brian Higgins, Chris Krause and Jay Koster of Staubach are handling the sale of 600 Steamboat Rd. as well as General Reinsurance's headquarters search. The Steamboat Rd. property, built in 1972, served as the headquarters for General Reinsurance until the early 1980s when the company relocated those operations to leased space in Stamford.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.