Xerox sells headquarters, seeking new corporate home
STAMFORD,
Conn. — Xerox Corp., a maker of copiers, printers and other imaging
equipment, has sold its corporate headquarters as it seeks smaller
quarters following downsizing over the years, officials said.The $54.8
million sale to a Norwalk developer closed Friday, about three months
after the company announced plans to abandon its office complex.”It was
faster than we anticipated, but it was definitely with terms that met
our expectations,” Xerox spokeswoman Christa Carone said Thursday.Xerox
will remain in its current offices until it finds a new home within the
year, she said. Xerox is “looking to stay in the surrounding area,”
Carone said. She would not be more specific.Xerox was founded in
Rochester, N.Y., and moved its headquarters to Stamford in 1969. The
company employs about 300 people at its headquarters, down from about
600 seven years ago.The building is 255,000 square feet on 25
acres.”We’ve been in this building for quite a while and we don’t need
a building this size,” Carone said.