Friday, November 18, 2011

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

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Brokers said donating NCR’zs (NYSE: NCR) 1.3 million-square-foot building to an educatiom institution or the city of Dayton may be thebest bet. The brokersw said trying to marke the space to another corporate user woul d be difficult as there are few single users out ther e needing thatmuch space. It could be parcele d into an office complex formultiple users. NCR intends to sell the a companyspokesperson said. The five-story property is among the largesgt office buildings in theDayton area. Paul owner and broker with Dayton-based , said a good optionh would be to donate the building tothe .
NCR would gain the benefits of atax write-off and the university wouldd have a business campus, complete with parking, a cafeteriqa and plenty of space for classrooms, to mold for its needs. “j bet they’ve already talked abougt donating it to Hutchins said. “Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tech technology center.” Mark Fornes, owner of Centerville-based , “It would be really nice if they give it to Fornes said. “It would be a nice gesturde in return for taking their headquarters out.” NCR’s headquarters, at 1700 S. Pattersoh Blvd., sits on 54 acres.

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