Businesses Move After Katrina

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PENSACOLA, FL - In Pensacola and Gulf Breeze, office space is at a premium. Hurricane Katrina is forcing attorneys, insurance adjusters and even a New Orleans real estate broker to grab space, and these refugees consider themselves lucky they're
only a few hours from home.

At the industrial parks in Escambia and Santa Rosa counties, businesses are looking for square footage by the tens of thousands.

Katrina cut such a wide swath of damage from Louisiana to Alabama that northwest Florida is emerging as the closest safe haven for businesses to set up shop.