WWE bids $27 million for Stamford property

By Kevin Zimmerman

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WWE is among a reported 100-plus bidders for the Stamford office complex that houses its television studios and the world headquarters for nonprofit disaster relief organization AmeriCares.

The property at 88 Hamilton Ave. − a 154,533-square-foot office/flex warehouse building − is currently owned by Stamford’s Seaboard Realty, which also owns and manages a number of commercial and residential properties in the city; it filed for bankruptcy protection in December.

WWE’s bid of $27 million is $3 million above the minimum price being asked. The wrestling empire would use the building to expand its TV production facilities already in place there; its corporate headquarters will remain at 1241 East Main St. The company said that, if its offer is accepted, it would become the building’s landlord and assume Seaboard’s lease obligations.

“WWE has been a good neighbor and we look forward to having the company as our landlord in the years ahead,” said AmeriCares President and CEO Michael J. Nyenhuis. “Our long-term lease is part of the sale agreement and we expect our health programs and disaster response work to continue without interruption. We recently made improvements to our distribution center and plan to remain at our current location.”

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