Kodak putting giant business park on the block

|By:, SA News Editor

Looking to further shore up its balance sheet, Kodak (KODK +0.6%) plans to sell its massive Eastman Business Park. The facility covers 1,200 acres in Rochester and Greece, NY, holds 7.2M sq. feet of space, and features 50+ tenants and owners, including several Fortune 500 companies.

Kodak says it will "maintain a significant presence at the site, encompassing research, development and manufacturing activities."

The company had $844M in cash and $678M in debt at the end of 2013.

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