Known as the Gold Building for its unique color, 755 Main St. is 26-stories and 99% leased with 28 tenants, including United Technologies Corp., Travelers, Connin, Reid & Riege and People's Bank, as well as Talcott. The rental rates were undisclosed, but Colliers Dow & Condon list the average rent at $19.10 per square foot in CBD.
Yates says in a statement, "People's United Bank's involvement is a reflection of how local and regional banks are aggressively filling the capital void left behind by the lack of appetite from life insurance companies and CMBS providers."
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