real estate issues re : ubsw energy , llc in houston hello pat , louise , dave
the ubsw real estate department is reviewing the current / future lease
terms for ubsw energy llc , in houston . according to brian dugan , our
lead real estate guy on the bank side , the building owner has offered
a nine month lease to stay in the south tower on the 5 th and 6 th
floors . after the nine months we will be offered the option to sign
up for an additional 18 months but we could be moved down to floors 3
and 4 . is this a significant issue ? i understand that the 3 rd and
4 th floor foot prints are similar to 5 / 6 .
if ubsw energy is willing to relocate to the north tower , they can
get a lease for 5 - 9 years but this tower may be less suitable . what
are the issues here ?
the integration real estate team plans to meet this afternoon with
the bank ' s outside legal firm we use for real estate issues . we have
a target date of this friday to try to resolve all real estate issues
in order to meet the day 0 legal integration date of 2 / 6 / 02 .
your thoughts please .
mark
visit our website at http : / / www . ubswarburg . com
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real estate issues re : ubsw energy , llc in houston
hello pat , louise , dave
the ubsw real estate department is reviewing the current / future lease
terms for ubsw energy llc , in houston . according to brian dugan , our
lead real estate guy on the bank side , the building owner has offered
a nine month lease to stay in the south tower on the 5 th and 6 th
floors . after the nine months we will be offered the option to sign
up for an additional 18 months but we could be moved down to floors 3
and 4 . is this a significant issue ? i understand that the 3 rd and
4 th floor foot prints are similar to 5 / 6 .
if ubsw energy is willing to relocate to the north tower , they can
get a lease for 5 - 9 years but this tower may be less suitable . what
are the issues here ?
the integration real estate team plans to meet this afternoon with
the bank ' s outside legal firm we use for real estate issues . we have
a target date of this friday to try to resolve all real estate issues
in order to meet the day 0 legal integration date of 2 / 6 / 02 .
your thoughts please .
mark
visit our website at http : / / www . ubswarburg . com
this message contains confidential information and is intended only
for the individual named . if you are not the named addressee you
should not disseminate , distribute or copy this e - mail . please
notify the sender immediately by e - mail if you have received this
e - mail by mistake and delete this e - mail from your system .
e - mail transmission cannot be guaranteed to be secure or error - free
as information could be intercepted , corrupted , lost , destroyed ,
arrive late or incomplete , or contain viruses . the sender therefore
does not accept liability for any errors or omissions in the contents
of this message which arise as a result of e - mail transmission . if
verification is required please request a hard - copy version . this
message is provided for informational purposes and should not be
construed as a solicitation or offer to buy or sell any securities or
related financial instruments .