NORFOLK SOUTHERN SIGNALS IT'S STAYING RAILROAD PURCHASES DOWNTOWN BUILDING OUTRIGHT, PLANNING TO ADD WORKERS.(FRONT)

The Virginian Pilot | June 18, 1998| | Copyright

Byline: CHRISTOPHER DINSMORE, STAFF WRITER

NORFOLK -- Norfolk Southern Corp. sealed its commitment to keeping its headquarters here with its announcement Wednesday that it has purchased its 20-story office building.

The big railroad needs additional space in the building to accommodate the hundreds of jobs it plans to add to its 350-person headquarters staff after it completes its purchase of part of Conrail Inc. later this year.

Norfolk Southern purchased the building for $32.8 million from a partnership that was 70 percent owned by NationsBank ...

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