Monday, July 25, 2011

Filling NCR headquarters space to be difficult - Baltimore Business Journal:

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Brokers said donating NCR’s (NYSE: NCR) 1.3 million-square-foot buildingv to an education institution or the city of Daytohn may be thebest bet. The brokersz said trying to market the spacre to another corporate user would be difficultg as there are few single users out therre needing thatmuch space. It coulr be parceled into an office complex for multiple users. NCR intends to sell the a company spokesperson The five-story property is among the largest office buildingxs in the Dayton area. Paul owner and broker with Dayton-based , said a good optiob would be to donate the building tothe .
NCR woul gain the benefits of atax write-off and the university would have a business campus, complete with parking, a cafeteria and plenty of spac for classrooms, to mold for its needs. “Io 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-tecy technology center.” Mark Fornes, owner of Centerville-based , agreed. “It would be really nice if they give it to Fornes said. “It would be a nice gesturre in return for taking theirheadquartersx out.” NCR’s headquarters, at 1700 S. Pattersob Blvd., sits on 54 acres.

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