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3 & 4 are better than where we are now. The important thing is you need to get furniture as we currently have lots of rooms empty and they are refusing to give us furniture.
The old building is a really bad idea due to the press etc - when it ends things will be easier. But currently moral would be ahuge issue moving to the old building. -----Original Message----- From: Mark.Bridges@ubsw.com@ENRON [mailto:Mark.Bridges@ubsw.com@ENRON] Sent: Mon 1/28/2002 8:56 AM To: Forster, David; louise@enron.com; Pat.ODonnell@ubsw.com Cc: Beth.Barrett@ubsw.com; bdugan@ubspw.com Subject: 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 5th and 6th 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 3rd and 4th 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.
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