"Clairol has enjoyed its tenure in Stamford. Now with the saleof this property we are committed to bringing a positive influenceto the future of Stamford as a vital community," states PatriceLouvet, vice president and general manager of P&G Global RetailHair Color. Cushman & Wakefield's Tripp Hoffman, seniordirector; James Fagan, senior managing director; and Betcy Vincent,associate, will be working on the assignment to find a buyer forthe property.

[IMGCAP(2)]"Property of this size and prime location isextremely rare in lower Fairfield County," says Hoffman. "Theproperty allows for a variety of uses and will offer a savvydeveloper the opportunity to be creative. Procter & Gamble willentertain all offers, including sales structure variations likesale-leasebacks or installment sales, but has stressed its interestin finding a good partner and community neighbor."

The site, which also includes two single-family homes, allowsfor mixed-use development of residential, retail and other usesthat could include: medical, government, industrial or flexspace.