Henley Group will relocate to La Jolla.

Moving from a small suite of offices in New York, Henley, the $3.8-billion (assets) spinoff of Allied-Signal, said it will take over the 87,000-square-foot, Spanish-style building that once served as corporate headquarters of Signal Cos. Henley, with 35 subsidiaries formerly in the Allied-Signal fold, will house about 40 executives at the facility. The company employs about 22,000 people at 200 locations around the world and, with $3.2 billion in pro forma sales last year, will rank as the largest public company in San Diego.