Polaroid Considers Relocating Headquarters

CAMBRIDGE, MA-In an effort to generate funds, Polaroid Corp. may move its headquarters out of its location here at 784 Memorial Dr.. If the financially beleaguered instant-photo pioneer does make the move it would the first time the company did not have a corporate presence here in more than 60 years.

Skip Colcord, spokesman for the company, tells GlobeSt.com that Polaroid is currently leasing its four-story headquarters here on Memorial Drive and would have to sublet the space if it decided to move. Less than six months ago, the company sold its interest in two buildings being developed here at 770 and 790 Memorial Dr.–right behind the company’s headquarters.