WWE Plans to Sell Stamford Headquarters Building
WWE Plans to Sell Stamford Headquarters Building

WWE Plans to Sell Stamford Headquarters Building

News summary

WWE is selling its former headquarters at 1241 E. Main Street in Stamford, Connecticut, following the opening of a new headquarters in downtown Stamford in 2023. The property, which spans 90,675 square feet, includes high-quality office space, a rooftop patio, and is situated on 1.19 acres. Zoning regulations allow for a variety of uses, including residential and commercial developments, making it a potential candidate for re-leasing or redevelopment. The building was WWE's base for over 30 years and has seen a decline in activity, with empty parking facilities and no flags flying at its peak. The sale price is currently subject to offers, and the property was appraised at approximately $18 million last year. Stamford's overall office space market is experiencing high vacancy rates, indicating challenges for non-downtown properties.

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