El Paso’s Helen of Troy has decided to explore numerous options to improve the bottom line, after a selloff of its stock following its latest quarterly report. One of the options the company is considering is selling off its El Paso headquarters and the adjacent warehouse. The building has an assessed value of $14 million. It was built in 1997 and the office and warehouse have nearly a million square feet of space.
The iconic building, shaped like an inverted pyramid, is home to the towns only headquarters of a publicly traded company. While the company is considering putting the building up for sale, it says it will continue to house its headquarters and corporate employees in El Paso, but under a new roof.
Helen of Troy is a global consumer products company offering products and solutions for customers through brands such as OXO, Hydro Flask, Osprey, Vicks, Braun, Honeywell, PUR, Hot Tools and Drybar.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.