Saturday, May 5, 2012

Filling NCR headquarters space to be difficult - Puget Sound Business Journal (Seattle):

uqudenlid.blogspot.com
Brokers said donating NCR’s (NYSE: NCR) 1.3 million-square-foot buildin to an education institution or the city of Dayto n may be thebest bet. The brokers said trying to market the spac to another corporate user would be difficulrt as there are few single usere out there needing that much It could be parceled into an office complex for multiple NCR intends to sellthe building, a company spokesperson The five-story property is among the largestg office buildings in the Dayton Paul Hutchins, owner and brokerr with Dayton-based , said a good optionn would be to donate the building to the .
NCR woul d gain the benefits of atax write-off and the university would have a businesds campus, complete with parking, a cafeteris and plenty of space for classrooms, to mold for its “I bet they’ve already talkefd about donating it to UD,” Hutchinds said. “Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tecuh technology center.” Mark Fornes, ownerf of Centerville-based , agreed. “It woulf be really nice if they give itto UD,” Fornew said. “It would be a nice gesture in returnj for taking theirheadquarters out.” NCR’s headquarters, at 1700 S. Patterson Blvd.
, sits on 54

2 comments: