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Xerox As Yet Undecided on Future HQ Location

STAMFORD, CT-While Xerox has made some critical decisions of late to turn the ailing copier company around, the firm has yet to make several major determinations on where its corporate headquarters will be housed.

By John Jordan | Updated on July 28, 2001

STAMFORD, CT-Late last week, Xerox officials said that, despite continued financial hard times, the copier company is certain it has turned the corner on its recent troubles. While that indeed may be true, the company is still undecided on where it will house its corporate headquarters operations in the near future.

The company, in the midst of a major restructuring, is attempting to sell its corporate headquarters at 800 Long Ridge Rd. here. In addition, Xerox is in the midst of a search for smaller headquarters in Fairfield and Westchester counties.

Christa Carone, a Xerox spokesperson, tells Globest.com that, in terms of the sale of its 255,000-sf headquarters property, “We’re still negotiating with interested parties about our current building.” She adds that talks are progressing and that the company hopes to move out of the building by year end. However, Carone notes that if need be, Xerox could delay the move to the first quarter of 2002.

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