STAMFORD, CT- Brokers from CB Richard Ellis arranged the sale of 750 E. Main St., on the fringe of Stamford’s CBD, to an entity controlled by Aegean Capital for $17 million. The building is 63% leased, which CBRE vice chairman Jeffrey Dunne tells GlobeSt.com made it an attractive prospect for buyers.

“We had a lot of interest in it because it had a value added component--it was about 63% or 64% leased and so there was an upside to that lease up,” Dunne says. “It’s a high quality building--well below replacement costs.”

Dunne says that the building, which sold as an REO transaction, received roughly 30 written and verbal bids. “That’s exceptional in today’s environment to get that many offers, so that’s a testament to the level of interest that people had in both Stamford as a place to invest and this asset in particular,” he says.