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To: Glenn D. Rudolph who wrote (112223)11/29/2000 2:06:54 AM
From: Alomex  Respond to of 164684
 
They are 10 year leases at a high lease rates due to the fact the developer built to suit. I can't see any developer letting them off the hook without a Chapter 11 filing.

Indeed, but they might still find a purchaser to take over the lease. Imagine the add in the newspaper.

 
AAA One mail order warehouse. 
Scantly used. Fully automatic.
Furnished with lawn chairs and 
picnic tables... Call J.B. at
(212)-555-5555


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