I ‘ve saved this space to recognize some outstanding individuals in the corporate real estate profession — the seven winners of this year’s Site Selection Corporate Real Estate Leadership Awards, which were presented at the CoreNet Global Summit this past May, in Salt Lake City. With their permission, we will spotlight the work they do […]
Over the next few years, with the help of innovative practices, the processes behind farming and food production will take a new direction that optimizes resources...
From Site Selection magazine, July 2002 WORLD REPORTS | SOUTH KOREA | MEXICO | AUSTRIA | PORTUGAL | SINGAPORE | SCOTLAND | Incheon Stakes Its Claim as Intelligent City In the first-ever U.S.-South Korean real estate joint venture, The Gale Co. has been tapped as a partner in developing the US$12.5-billion New Songdo Intelligent […]
Since 2010, the real estate investment and redevelopment unit of Hilco Global has been transforming industrial properties into repurposed centers of commerce.
Real Estate Services, Site Selection Magazine, July 2002
Grubb & Ellis Growth in Services and Affiliates Inspires Investment Real estate investment firm Kojaian Ventures, based in Bloomfield Hills, Michigan, has agreed to stake $15.2 million on the growing fortunes of real estate services firm Grubb & Ellis, a measure that would grant Kojaian the voting power of a majority stockholder. The investment will […]
International Speedway Corporation announced a multi-year partnership with Toyota Motor Sales USA, Inc., making Toyota the first Founding Partner at Daytona International Speedway, part of the $400-million DAYTONA Rising redevelopment project.
Clean energy goals require the sometimes less-than-clean manufacture of the products charged with achieving those goals, from solar cells and panels to wind turbine blades and nacelles to all the EV- and semiconductor-related products that require critical minerals.
From Site Selection magazine, November 2005 WORLD REPORTS New Investment Transforms Nicaragua N icaragua, Central America’s largest country, is hoping a new revolution of investment and jobs will sweep away the lingering memories of the 1980s when civil war and the Iran-Contra hearings dominated the news. Today, Nicaragua is pushing itself as […]
Joe Moravec: Man on a Mission, Site Selection Magazine, July 2002
J oe Moravec, commissioner of the Public Buildings Service of the U.S. General Services Administration, recently sat down with Site Selection’s Director of Publishing Ron Starner for an interview on the changing role of GSA and how the agency’s new direction will impact corporate America. The linchpin of Moravec’s strategy is […]
The seemingly ubiquitous southern yellow pine is creating quite a stir in Ware County these days as the U.S. subsidiary of a major German energy company readies to turn the plentiful feedstock into wood pellets to help fire its power plants in Europe.
Iraqi opportunities. These two words don’t seem a good match, unless perhaps in the context of the oil or security businesses. But the phrase makes sense in Iraqi Kurdistan, the autonomous northern region of Iraq, where early commercial investors are now on the scene. Across many areas of Iraq, peace is fragile and daily life can still be unpredictably dangerous. But growth is returning to Iraqi Kurdistan led from its capital, Erbil. Brands such as Sheraton, Hilton, Porsche and Sony are entering Kurdistan looking to access the potential of this region of 4 million people. Nissan has opened its largest service center in the Middle East, and its new airport, opened in 2005, has one of the longest runways in the world.
Croatia is the newest country to join the European Union (EU), which it did on 1 July, 2013. But investors still need to be careful where they tread. Croatia is full of history, but as it enters a new chapter, investors will find themselves surrounded by minefields if they do not stay on their guard.
W hen Concept Inc. went looking in 1988 for a site to manufacture arthroscopic medical devices, the company found what it needed in Largo, Fla., a town in the Tampa Bay Area on the Gulf of Mexico. Today, the US$256 million-a-year company known as Linvatec employs 1,100 workers and occupies 235,000 […]
S uppose you sold and leased back your office building 15 years ago and put the cash into your business. Say you received $10 million for a 50,000-sq.-ft. (4,645-sq.-m.) facility. Since you carried out the sale-leaseback in 1988, at the beginning of the economy’s descent into the 1990 recession, you might have offset a loss […]
Site Selection’s analysis of the Top Industries for corporate facility investment in 2015 reveals the Top 10 projects by capital investment in each of the five leading sectors
Iowa Gov. Branstad has a four-point plan to boost his state’s business climate. Branstad touts Iowa’s strong Midwestern work ethic, a robust job training program, a favorable tax climate and its status as a right-to-work state as among its biggest draws, but he says the key to continued success is getting companies to notice the state.
N ine out of 10 CFOs based in the U.S. believe that using outside resources to perform non-core functions increases shareholder value.1 Yet fewer than two out of 10 have empirically measured the return on investment (ROI) of their outsourcing initiatives. Those who have measured ROI report an average of 17 percent savings. […]
Siemens Mobility completes expansion in Germany; Novo Nordisk returns to Tianjin for new lab investment; Firmus Technology prepares for world's first AI Factory Zone in Australia.
The International Facility Management Association supports about 23,000 members who manage more than 37 billion sq. ft. (more than 3.4 billion sq. m.) of property in 78 countries.
S ite seekers evaluating California locations have used, for some time, the Kosmont Cost of Doing Business Survey, among other tools. Kosmont Realty Corp., Los Angeles, has gathered cost information on hundreds of communities in The Golden State. This research has now been expanded to include 22 markets outside California, giving […]
With the fall of the Iron Curtain a quarter century ago, previously closed nations in Central & Eastern Europe (CEE) welcomed an immense influx of foreign direct investment (FDI), helping it become one of the world’s fastest growing regions.
T he queues were shorter, but the destinations more varied. That is one conclusion to draw from the annual “European Investment Monitor” report from Ernst & Young. European new facilities and expansions dropped 12 percent in 2001, but it was a good year nonetheless for “gatecrashers, EU (European Union) accession countries […]
Alive-action model of the clean energy economy’s circularity can be found in Kansas, where common-sense, middle-of-the-road policy and costs complement the state’s middle-of-the-country location and sensibility. They also complement the goals of a $4 billion megaproject.
JULY 2006 New Technology Changing New York State (cover) Chenango County, New York High Tech’s New Home for Innovation TCN Worldwide Request Information SPECIAL ADVERTISING SECTION NEW YORK Venture capital, R&D centers, new tax policies alter the economic landscape of the Empire State. Joining Bausch & Lomb Chairman and CEO Ronald Zarrella, at the podium, for […]
From Site Selection magazine, March 2005 WORLD REPORTS ‘New Europe’ Beckons Foreign direct investment increasingly is shifting to the European Union’s eastern sector. by JULIA COX In years to come, 2004 may well be viewed by analysts of inward investment trends as the year that the map of FDI activity in Europe was fundamentally re-drawn. […]
The $1.6-billion Northern Pass Transmission project continues to pass milestones on the journey toward making New England power cheaper with Canadian hydroelectricity.
E merging industry clusters in such high-tech fields as life sciences and software engineering are driving demand for a new breed of business park. But more than futuristic laboratory and office space is required to catch the attention of industry players seeking suitable locations in which to research and develop tomorrow’s systems and services. The […]
Highlights from Site Selection ? February/March 1998 Michigan, Midwest Set Fast-Track Pace in 1997’s Record U.S. Race for Corporate Facilities by Jack Lyne Let the good times roll. That ancient war cry is a particularly appropriate touchstone in analyzing 1997’s U.S. corporate location patterns. Economic good times earmarked rolled expansively through Main Street, Wall Street […]
[Editor’s note: The following is excerpted from a speech by Quebec Premier Lucien Bouchard in New York City on April 15.] I am very pleased to be back in New York City. On my last visit, three years ago, I had just become Premier of Quebec, and I spoke about our goal of turning around […]
S ite seekers evaluating California locations have used, for some time, the Kosmont Cost of Doing Business Survey, among other tools. Kosmont Realty Corp., Los Angeles, has gathered cost information on hundreds of communities in The Golden State. This research has now been expanded to include 22 markets outside California, giving […]
What’s upbeat, on the rise and ranges between 4 and 6.3 percent? Answer: current gross domestic product forecasts for four of Southeast Asia’s biggest economies. Indeed, the 2000 economic outlook for Malaysia (where growth over 1999 is expected to hit 6.3 percent), Singapore (6 percent), Thailand (5 percent) and the Philippines (4.5 percent) is decidedly […]
Before it was shorthand for the scourge/salve that is social media, “social” referred to society, as in “people living together in organized communities with shared laws, traditions and values,” says Britannica.