- 13 - facility). Mr. Cantrell testified that the Litton building was originally built as a special manufacturing facility by Litton-- it was used to assemble electronics. In addition, Mr. Cantrell based his determination on the fact that the Litton building was fully heated and air-conditioned and had suspended ceilings, heavy-duty fluorescent lights, a Muzak system, and sprinklers. Additionally, Mr. Cantrell testified that, during the period in which Mr. Talkington and Mr. Sessions owned the Litton property, the U.S. Army Corps of Engineers considered buying or leasing the Litton building for use as a "hospital-type environment". In his report, however, Mr. Cantrell wrote that the expense to convert the Litton building to the use that the U.S. Army Corps of Engineers desired was considerable and, in all likelihood, was the reason this use never came to pass. Mr. Cantrell's report also states that research and development style industrial buildings were relatively scarce in the Lubbock market, demand for research and development buildings was somewhat weak, once vacant these properties stay vacant for several years, research and development buildings tend to be built to the owner/occupant's specifications, and conversion to other uses for other occupants could be an expensive process. Furthermore, Mr. Cantrell's report states that some other possible uses of the Litton building were warehouse use andPage: Previous 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Next
Last modified: May 25, 2011