Audio System Firm To Move to Stamford

Brad Hoffman, vice president of corporate communications for Harman International, says the firm, which employs approximately 12,000 workers nationwide, is planning to consolidate headquarters staff currently housed in Washington, DC, Los Angeles and at its satellite office in Stamford to 400 Atlantic St. "The move is intended to put more of our key personnel in one location for better communications and close proximity to the New York financial markets," he says.

Jay Hruska, executive vice president of Cushman & Wakefield, represented Harmon in the lease negotiations. International Paper was represented by Studley and Prudential Commercial in the transaction. "We evaluated a number of buildings throughout Fairfield County and 400 Atlantic St. provided many things that Harman required," says Hruska. "In addition to being a key corporate headquarters complex in a prime location with great on-site and area amenities, we were able to arrange highly favorable terms for Harmon in order to accommodate their space requirement."

Harman International had sales of $3.6 billion in its fiscal year 2007 and operates approximately 40 engineering and manufacturing locations in the US, Europe and Asia. Its consumer group manufactures loudspeakers, CD and DVD players, CD recorders and amplifiers. The Harman auto unit makes audio systems for Toyota, Lexus and General Motors vehicles.