Thursday 19 January 2012

Filling NCR headquarters space to be difficult - Silicon Valley / San Jose Business Journal:

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Brokers said donating NCR’ds (NYSE: NCR) 1.3 million-square-foot building to an education institution or the city of Daytonm may be thebest bet. The brokers said tryinvg to market the space to anothee corporate user would be difficult as thers are few single userz out there needing thatmuch space. It coulcd be parceled into an office complex for multiple NCR intends to sell the a companyspokesperson said. The five-story property is amonfg the largest office buildings in theDayton area. Paul owner and broker with Dayton-based , said a good optionj would be to donatse the building tothe .
NCR would gain the benefitss of atax write-offt and the university would have a business campus, complete with parking, a cafeteria and plentyy of space for classrooms, to mold for its “I bet they’ve already talked about donating it to Hutchins said. “Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tecb technology center.” Mark Fornes, owner of Centerville-basedr , agreed. “It would be really nice if they give it to Fornes said. “It would be a nice gestured in return for taking theierheadquarters out.” NCR’s headquarters, at 1700 S. Pattersob Blvd.
, sits on 54

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