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Crompton Puts 290,000 SF in Greenwich on Sublease Market

GREENWICH, CT-A move to consolidate its Connecticut corporate headquarters operations has led Crompton Corp. to place a total of 290,000 sf of space on the sublease market.

By John Jordan | Updated on November 02, 2001

GREENWICH, CT-A corporate headquarters consolidation program by a Connecticut company offering 290,000 sf of space may provide a viable option to New York City firms looking to relocate to the suburbs.

Crompton Corp., which plans to relocate its corporate headquarters from Greenwich to Middlebury, Ct., has hired Cushman & Wakefield to market a total of 290,000 sf of office space the company leases at the former American Can headquarters complex at One American Lane in Greenwich.

Mary Ann Dunnell, vice president of corporate communications for Crompton Corp., says that while the company has engaged in a restructuring program, the move of its corporate headquarters operations to Middlebury was not part of that effort. She adds that the company, which has maintained two principal offices in Connecticut since its September 1999 merger with Witco, wants all headquarters personnel in one location. Dunnell notes the move to Middlebury is scheduled for the end of 2002 and that most of the 250 workers at the company’s Greenwich offices will be offered positions at the Middlebury facility in the Preston Hill Office Park where the company leases approximately 320,000 sf of space.

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