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Show The National Enterprise, May 11, 1977 Page eight Heartland Realty buys half interest in Lincoln School II I II (dsite) 30(P , DISTRIBUTION SYSTEM CO., INC. Zoning difficulties have prompted the sale of 50 percent interest in the Lincoln School to real estate broker Bill Healy, owner of Heartland Realty. Specialists in Electronics 1 EXPERTS IN DOMESTIC & INTERNATIONAL AIR CARGO SERVICE 11 466-525- (801)487-542- 5 Healy has revamped plans for the structure, planning to lease office space to about 30 sort of building companies and form a industry shopping mall. 3 Healy hopes the revisions will permit the city to reconsider and approve applications for zoning changes needed before the project can move forward. The Salt Lake City School District had sold the surplus school to Autonomy, Inc., for $600,000 last year, but city officials refused to rezone parts of the property to a C-- 3 zone from 6 and R-- 2 classifications. Autonomy, Inc., had planned to lease office space in the We provide moving instruction sheets for all your employees, to convey complete information about the move and their part in it. considered in remodeling the building, says It was built in 1915, and has classic Healy. lines of that period which we want to preserve. The broker says the building is not now eligible for tax advantages or matching funds designed to assist preservation of historic buildings, "but were looking into it. The building has 102,000 square feet of floor space, and Healy has delineated 41 separate offices which he believes he can lease to 30 companies. His own firm is the only solidly committed tenant at this time, although he is drafting a rental prospectus to be used in a sales campaign as soon as zoning problems are cleared up. R-- building exclusively to charitable institutions. Zoning restrictions had also required that such an office building be occupied by its owner. The property is at 13th So. State Street. Historic values of the Lincoln School will be plan to put mortgage companies, realtors, builders, architects, building material suppliers, decorators and so on all under one roof, Healy says. The businesses will remain completely independent, but I would hope that they would all profit from their association with one another. I Penneys will begin catalogue sales The J.C. Penney company is Sears, its trying to one-u- p major competition, by beginning catalogue sales in August. Our prospective customers ask a lot of questions. And we give a lot of answers. One of the most frequent questions is, what does FMA lease? Well, theres no way we can list everything, but an 'abbreviated list is part of our answer. Agricultural sprinkler pipe, airplanes, automotive testing equipment, body scanners, brain scanners, cars, cement pumps, chairs, china, combines, commercial ranges, computerized machine tools, computers, cranes, dairy barns, dairy cows, dentist chairs, desks, dictating equipment, diesel engines, drill presses, electronic welders, flatbed trailers, food mixers, fork lifts, furniture, hay bailers, hospital beds, ice machines, lathes, microwave ovens, milking machines, milling machines, plows, printing Ellie Muth, a marketing official for the nationwide retail store chain, says Utah is one of the last Penneys divisions in the country to institute catalogue sales. The move will require almost no additional investment by the chain, she says, and no new employees will be hired for the new catalogue departments, at least for the time being. trucks, typewriters and Penneys hopes to beat Sears at its own game by capi- presses, restaurant tableware, steam tables, stock trailers, tables, telephone systems, tractors, tractortrailers, therapy treatment devices, x-r- ay machines. Well, anyway, you get the idea. We can handle almost anything. And over the years we have developed a number of practical leasing programs you can live with. you are thinking about buying anything, let us tell you about leasing first. Without any obligation, well give you answers, including different leasing options and how much it will cost. And if it isnt feasible for you to lease, well tell you that, too. Simply complete the coupon and mail it to us. If Without obligation, please send me information about the following: NameTitle talizing on its larger number of retail stores throughout Utah. Muth says where Sears has only small storefront catalogue order departments in many Utah communities, Penneys has 19 She expects retail stores. many customers will be referred to the new catalogue sales department by other retail store personnel. full-fledg- Nationwide, the chain has almost twice as many retail outlets as Sears. Muth says the company is building a huge newr warehouse in Sparks, Nev., to handle Western area catalogue sales, including Utah. Until that project is finished, she says, catalogue orders from Utah will be shipped from Penneys Kansas City warehouse. Company Address The Penneys catalogue presently runs about 1,500 - 1,800 pages annually, full-col- 2060 East 2100 South ed Salt Lake City, Utah or she says. |