[IMGCAP(1)]STAMFORD, CT-The Procter & Gamble Co. will be vacating all personnel at the former Clairol Inc. headquarters at One Blachley Rd. here by the end of March 2010. The Cincinnati-based firm, which acquired Clairol in 2001 from Bristol Meyers Squibb, has hired Cushman & Wakefield to market for sale the 672,654-sf headquarters building and manufacturing complex located on almost 32 acres.

“Clairol has enjoyed its tenure in Stamford. Now with the sale of this property we are committed to bringing a positive influence to the future of Stamford as a vital community,” states Patrice Louvet, vice president and general manager of P&G Global Retail Hair Color. Cushman & Wakefield’s Tripp Hoffman, senior director; James Fagan, senior managing director; and Betcy Vincent, associate, will be working on the assignment to find a buyer for the property.

[IMGCAP(2)]“Property of this size and prime location is extremely rare in lower Fairfield County,” says Hoffman. “The property allows for a variety of uses and will offer a savvy developer the opportunity to be creative. Procter & Gamble will entertain all offers, including sales structure variations like sale-leasebacks or installment sales, but has stressed its interest in finding a good partner and community neighbor.”

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