Glen Kunofsky of Marcus & Millichap shares his perspective on Creative Uses of Sale-Leaseback.
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Creative Uses of Sale-Leaseback

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Special Advertising Sections
Illustration: Getty Images
Glen Kunofsky of Marcus & Millichap shares his perspective on Creative Uses of Sale-Leaseback.
Read MoreCOVER STORY: EUROPEAN BIOTECHNOLOGY From Site Selection magazine, January 2007 Biotech Builds In Key European Cities New clusters take shape in the Netherlands and Scotland. Crucell is expanding its complex in the Leiden BioScience Park. by JOHN W. McCURRY john.mccurry bounce@conway.com D r. Ronald Brus, president and CEO of Crucell, likens Leiden to the […]
Last month the NAIOP Research Foundation released an update to a tool created two years ago called the Development Approvals Index, designed to provide a systematic method to evaluate and compare local development approvals processes by focusing on site and building plan reviews, permitting and inspections (but not zoning).
A Dallas-based private equity firm grows its power generation assets to keep up with growth in North Texas.
Area Spotlights
by Rachel Duran
For the second year in a row, US News & World Report ranked Arizona State University, in Tempe, as the country’s most innovative university.
Photo: Getty Images
By welcoming new technologies, Arizona creates a successful environment to launch, scale and test new ideas.
Read MoreRachel Duran
The Kansas Dept. of Commerce in October said it wants to offer healthcare IT firm and Kansas City mainstay Cerner Corp. $85 million in tax and other incentives for a new office complex, and toss in another $144.5 million from state sales tax revenue to pay for bonds used to build a new soccer stadium next door. If the Unified Government of Wyandotte County accepts the proposal, Cerner says it will create 4,500 new jobs in Kansas at an average salary of $65,000. A youth soccer complex and hotel, with no incentives aid, also would be built as part of the $414-million project.
he old distribution warehouse isn’t what it used to be. Logistics operations face added pressure to modernize and upgrade their facilities, says Franco M. Eleuteri, lead specialist and senior vice president of AECOM Facilities. If North American-based corporate asset managers do not upgrade their logistics operations now, says Eleuteri, they will […]
From Site Selection magazine, February 1989 New Facilities 1988 | Site Selection Online ©1989 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and is not warranted to be accurate or current.
The nation’s first offshore wind farm may have been built off the coast of New England, but it came to fruition with a healthy measure of Cajun ingenuity.
Special Advertising Sections
by Adam Bruns
By the final phase of buildout at Lázaro Cárdenas, which is scheduled to happen between 2027 and 2030, the $900-million APM terminal will have a capacity of 4.1 million TEUs, with 15 STS cranes and 10 rail tracks providing intermodal access to Mexico’s interior.
Photo courtesy of APM
With dark signals from the north looming, the expanding ports of Mexico improve the nation’s trade prospects in all directions.
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
Rail Parks and Inland Ports: Move Along Now: Railport Momentum Builds Across the Nation: A new project in West Lafayette continues a long tradition of innovation and industry collaboration at Purdue University.
A corner of Northwest Ohio meets two nations’ energy demands with a growing critical mass of projects.
Welspun's trail of investments in its home country is more than a well-spun tale.
Yuengling, which promotes itself as America’s oldest brewery, began brewing its beer in Pottsville, Pa., in 1829. In
Little-known fact — Boston is the birthplace of public transit in America. The first subway tunnels are still in use today, and people continue to take ferries into the city like they did in 1631.
Area Spotlights
by Adam Bruns
The new mixed-use Coda building, which represents the next phase of Georgia Tech’s Technology Square, will incorporate interdisciplinary research, startups, retail and high-performance computing. Construction is scheduled to be finished in 2019.
Rendering courtesy of John Portman & Associates
Higher education institutions have grown nearly as integral to Georgia’s economic development as its utilities, ports and airports have been for decades.
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
BYD relocates its Europe HQ to Hungary; Gerresheimer AG completes Lohr glass facility expansion; Weapons manufacturer plans new production facility in England.
Investments by the higher education institutions of Kansas are designed to grow the talent companies need.
Colorado is ranked No. 3 in the U.S. in the Beacon Hill Institute’s latest State Competitiveness Report, based on 44 economic indicators in eight categories: government and fiscal policy, security, infrastructure, human resources, technology, business incubation, openness and environmental policy. Among those groupings, Colorado scored highest (No. 2) for infrastructure, which includes such indicators as mobile phones per 1,000, high-speed lines per 1,000 and air passengers per capita. Colorado scored No. 6 for technology and No. 8 for business incubation.
Florida is nothing if not globally connected. It’s about to get more so.
Aha, Michael Jordan, so it wasn?t the shoes after all, eh? It was the work space. Or maybe it was the work space at Converse, where basketball master Jordan originally assumed he?d sign for his 1984-85 pro rookie season. Then, however, he visited Converse?s offices and decided ?they just looked traditional.? So the fiercely innovative […]
Area Spotlights
by Gary Daughters
Portland Head Lighthouse, Maine
Photo: Getty Images
New England states excel in two measures of competitiveness.
Read MoreGary Daughters
Senior Editor of Site Selection Magazine
Edged's data center begins operations in Missouri; Delta Electronics builds upon its base in Texas; Daimler Truck plans facility and operations modernization in Michigan.
RK Motors decided to put pedal to metal when the vintage muscle-car restoration business needed room to expand beyond its headquarters in Charlotte, N.C.
Governor Andy Beshear is seeking a second term leading the commonwealth in 2023, and he has big plans for Kentucky’s future.
Missouri One Start offers a variety of services to help employers with recruitment and training.
Nine years after selecting Tampa over Atlanta to open its first-ever Southern Business Center, the Depository Trust & Clearing Corp. announced this spring that it will expand its Florida operation by up to 255 jobs with total average compensation of nearly $100,000.
by Savannah King
$1 billion initiative will provide opportunities for Hoosier innovation, entrepreneurship and technology to thrive.
Read MoreSavannah King
Gen Z wants to work — just maybe not the same way as you.
The same year that gave us the Cuban missile crisis, the Second Vatican Council, the admission of James Meredith into the University of Mississippi and the newly independent countries of Algeria, Jamaica and Trinidad and Tobago also gave us Kohl's, Kmart (now part of Sears), Target and Walmart, all of which got their start in 1962.
From the elegant Far Eastern restaurant of the expansive recreation center of the Mumbai Cricket Association (MCA),
Director of the Washington State Department of Commerce shares perspective on the state’s economic vitality.
Indiana’s tourist hot spots and genuine people make the state a must for travelers.
Read MoreWhen Silicon Valley Bank scoured the U.S. for an information-technology and operations location, it didn’t take long for the Santa Clara, Calif.-based company to find what it needed in Tempe, Ariz.
Would Intel invest $20 billion in new manufacturing plants at a location where long-term water supply was at risk?
TECHNOLOGY TOOLBOX From Site Selection magazine, November 2007 Software Aids BPO Firm’s Site Search by JOHN W. McCURRY john.mccurry bounce@conway.com S ervice Source, a San Francisco-based outsource sales organization specializing in the business of technical service contract renewals for computer hardware, Dave Dunlap, senior vice president of worldwide operations, Service Source software and healthcare […]
by Gary Daughters
Indiana’s new initiative aims to attract and retain a strong, talented workforce by improving quality of life across the state.
Read MoreGary Daughters
Senior Editor of Site Selection Magazine
Among the priorities of the new US presidential administration is infrastructure. New data on global funding trends and a new study in Michigan shed some light on the way forward.
For advanced transportation technology, California is leading the way.
If a corporate real estate executive (CRE) can get a due diligence professional to alleviate the countless headaches associated with environmental, architectural and engineering aspects of major transactions, then it may cost him, but he’s ahead of the pack. More importantly, expansion strategies stay on track and the CRE can stay focused on the other […]
Whirlpool’s plans in southwestern Michigan go well beyond a $60 million refurbishment of its technical center in St. Joseph.
Our annual Infrastructure Report unveils insights and plans from all three NAFTA territories, along with updates on some of the major projects now under way around the world.
by Gary Daughters
Universities in Indiana are leading the charge for industrial advancement and cutting-edge research.
Read MoreGary Daughters
Senior Editor of Site Selection Magazine
BIO International Convention organizers are hoping for the usual surge in attendance provided by the Boston biotech community at the event scheduled for June 18-21 at the Boston Convention and Exhibition Center. While it may not reach the 22,000 level achieved at the last Boston BIO in 2007, it should surpass the 15,600 who came to last year’s event in Washington, D.C. Exhibitors will occupy more than 215,000 sq. ft of exhibit space.
Everyone has to live somewhere. You might as well live someplace nice.
Russell Burton Past Chair, IAMC Board of Directors Professional associations such as IAMC can play many roles for their members, including bringing them together at conferences, delivering information through their websites, sponsoring publications, conducting research, recognizing professional excellence, influencing industry standards, brokering information sharing and bringing in inspirational speakers. But arguably one of the most […]
Comprehensive logistics assets and a desirable work force are two criteria common to most site selectors’ wish lists.
No two startup ecosystems operate the same, nor should they.
Life Sciences
by Adam Bruns
As the 2016 Life Sciences Outlook from JLL reported in December, the Big Apple’s life sciences cluster is growing rapidly.
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
Real estate and corporate resources executives from several leading financial companies gathered in New York City in mid-December 1998 to discuss ways in which they are helping drive change in their organizations. Unless an organization changes, it stops growing, becomes less competitive — even non-competitive — and will be left behind by more nimble players. […]
Abstracts of recent major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate association. “Using Web-Based Technologies to Manage the Corporate Infrastructure,” New York World Congress, May 2, 2000: Peregrine Systems’ Nancy Johnson Sanquist told this jam-packed workshop session, “Infrastructure management is the mortar that connects the clicks with the […]
Governor Laura Kelly announced in March 2021 the Broadband Acceleration Grant Program, which will improve access to highspeed internet for homes and businesses in communities statewide.
Chris Clark, the typically sunny president and CEO of the Georgia Chamber of Commerce, appeared unusually pensive discussing global trade tensions during a half-hour media briefing commenced via Zoom in mid-April.
Governor Andy Beshear is seeking a second term leading the commonwealth in 2023, and he has big plans for Kentucky’s future.
Features
by Adam Bruns
“With AIT Bioscience, there are no surprises.”
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
ig incentive packages have received a lot of media attention recently, and have been a major discussion topic around the water cooler in the economic development community. But, in the big picture, are incentives good or bad? The axiom, “Incentives never made a bad deal good, only a good deal better,” is absolutely correct. […]
The U.S. Midwest is neither the unemployment capital of the U.S. any longer nor a manufacturing wasteland littered with shells of businesses that moved to China. Many certainly did move operations there, but that’s changing.
This article is the second in a two-part series detailing two proposed regional innovation clusters whose collaborators remain committed to the goals and objectives outlined in their E-RIC proposals.
Features
Today, the bilateral relations between our two countries are stronger than ever.
Read MoreDallas snares a major win months after launching a campaign to attract more biotech companies.
COVER STORY: BUSINESS CLIMATE RANKINGS From Site Selection magazine, November 2006 Synchronicity A survey of site selectors and new-plant performance match third-party analyses of North Carolina’s winning business climate. by MARK AREND mark.arend bounce@conway.com I f North Carolina Gov. Mike Easley had waited just a couple more weeks to announce his state’s strong performance […]
Missouri Governor Eric Greitens on Reform, Right-to-Work and Renewing State Competitiveness
PROJECT FINANCE From Site Selection magazine, May 2008 Setting Sail in Hamburg A leading publisher brings its efforts aboard a single vessel for the first time. The $165-million building that will house Spiegel Verlag’s newly consolidated head office was one of the biggest leases of 2007 in Hamburg. Images courtesy of Henning Larsen Architects […]
Special Advertising Sections
by Adam Bruns
Photos: Getty Images
Risk is a tricky thing: Project developers want to avoid it at all costs, it seems.
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
The typical university research park is 119 acres, has seven buildings open and is located in a suburban jurisdiction with a population of 500,000 or less.
A rundown of some of the major projects creating jobs in Greater Tucson, including investments from WOW Studios, Sandvik, Bayer and self-driving truck innovator TuSimple.
Today Ak-Chin Indian Community and business leaders are reclaiming land. But their eyes are on the bright path to the future, as they seek to foster enterprise instead of entitlement.
Will LG's new campus ruin the Palisades of New Jersey? Depends on your (point of) view.
Ogeechee Technical College spearheads innovative full access program for local manufacturing workforce.
Area Spotlights
by Mark Arend
Governor John Kasich reminds state lawmakers why economic growth trajectories are still on the ascent.
Read MoreMark Arend
Editor Emeritus of Site Selection Magazine
If there is one thing that site selection consultants agree on, it’s that no two projects are the same.
An Italian foundation's HQ seeks to shrink its energy footprint using a system developed by a team at MIT.
Business costs, talent availability are key metrics to watch.
Four reforms could help governments dial back incentives to sustainable levels.
Everyone loves a tiger. Powerful, elegant – yet tricky to manage. Ireland was the Celtic Tiger during the boom of the ‘zeros.
by Ron Starner
By adding certified sites to the mix, Northwest Ohio looks to build on an already robust supply chain in agribusiness.
Read MoreRon Starner
Executive Vice President of Conway, Inc.
To build and retain skilled talent, there must be ample support behind the scenes, guiding every step of the way to nurture a reliable talent pool.
S ignificant growth in Masco Corp.‘s Delta Faucet division has prompted the expansion or initiation of several projects in the past 18 months. But few have been as influenced by Mother Nature as the construction of a new, 200,000-sq.-ft. (18,600-sq.-m.) central distribution center in Jackson, Tenn. Ground broke in July 2002 at a site adjacent […]
There's no better time than the Fourth of July to shine a spotlight on Independence.
A new business park is on the wish list, too.
Read MoreKansas City’s change-making strategy has implications for other regions seeking to build a skilled, diverse workforce.
Like an approaching storm front, a looming market glut promises to shake up the European real estate management landscape. Already, a broad range of continental firms is shedding real estate to concentrate on core businesses. And heated competition is sparking a Europe-wide binge of restructuring and consolidations that promise to dump a mountain of property […]
More than 2,000 acres of greenhouse operations make Windsor-Essex the largest vegetable greenhouse cluster in North America.
From Site Selection magazine, May 1999 Other Top Development Organizations: Honorable Mentions from 1998 TTaken from the many nominations received for this year’s Site Selection list of top 10 development groups, here are profiles of other worthy organizations from 1998: Bowling Green Area Chamber of Commerce, Bowling Green, Ky.: Played a key role in attracting […]
Online Insider
by Savannah King
Thailand’s efforts to boost its economy could bring opportunities for the aviation sector.
Read MoreSavannah King
Business builders share tips from heartland harbors of tech growth.
Colombia's decision to force a price reduction on a major moneymaker from Novartis is a tough pill to swallow.
The primary target of a February series of articles documenting air quality complaints in the Eagle Ford Shale was the Texas Commission on Environmental Quality (TCEQ).
Axeing plans for a glitzy new airport was merely the opening act for Mexico’s new socialist president.
Reform of U.S. immigration policy is on the tips of so many tongues of all political stripes that it seems a foregone conclusion decisive action will take place soon.
Investment Profile
by Mark Arend
Photo courtesy of CINDE
More than 280 high-tech companies have established successful operations in Costa Rica and are still growing.
Read MoreMark Arend
Editor Emeritus of Site Selection Magazine
NORTH AMERICAN REPORTS From Site Selection magazine, July 2008 Idaho Falls for Areva by ADAM BRUNS adam.bruns bounce@conway.com F ifty years ago next year, in a small town just west of Idaho Falls, Idaho, the first light bulb to be powered purely by nuclear energy was illuminated. The municipality of Atomic City was born. […]
Online Insider: 24 for '24: Emerging Tech Hubs Around the World: In an exclusive report, the expert team at Netherlands-based BCI Global takes a close look at two dozen ‘out-of-the-box’ cities for future software development and support centers.
Multinational biopharma company Celgene chose Boudry in the Swiss Canton of Neuchâtel for its international headquarters in 2005.
Despite many benefits of locating businesses in New England such as proximity to a huge customer base, the relatively high cost of utilities can act as a damper to business growth, even if prices last year hit a record low.
Finding missing comets isn’t the only work taking place in Kentucky’s aerospace sector.
Area Spotlights
by Adam Bruns
The route to completion for Iowa’s two new fertilizer plants was not nearly as arduous as the Snake Alley Criterium in Burlington, where every year top cyclists from around the world come to take on the “crookedest street in the world” (including a brief 19-percent grade) 11 times during the 9-mile race.
Photo courtesy of Iowa Tourism Office
Iowa investments from one corner to the other cover every link of the food chain.
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
M anaging risk has always been the cornerstone of the corporate relocation process, although rarely has a corporate executive or his economic development counterpart framed the decision-making process in quite those terms. In the post September 11th environment, however, risk management has moved beyond its traditional spheres of technological and financial risk assessment and now […]
Munich, Germany is the only city which can lay claim to having the original Oktoberfest, and boy do they do it right!
Groundbreaking workforce education practices help semiconductor manufacturer Global Foundries and other employers keep pace and keep talent.
From treats to treatments, Kansas keeps bowls and bellies full worldwide.
Area Spotlights
by Adam Jones-Kelley
Photo: Getty Images
“It’s all about the lifestyle,” he gushed. “Your office can be on your porch or on a beach.”
Read MoreAdam Jones-Kelley
I n this 21st century world of virtual reality, virtual learning, virtual tourism — virtual everything, it’s entirely logical that site selection should have been transformed into a virtual activity. The hard-pressed corporate executive seeking new international facilities in far-flung overseas destinations need surely look no further than a mouse button and modem. […]
Watching Where YourMoney Goes Lowest-Cost EU Labor in Portugal, Greece, Ireland Europe’s lowest hourly labor costs are in Portugal (US$6.25), Greece ($9.83) and Ireland ($14.13), while Germany, Austria and Belgium are Europe’s highest-cost labor locations, reports Eurostat (www.europa.eu), the Statistical Office of the European Communities. Hourly rates vary as much as $20 among the 14 […]
Malaysia’s Oil & Gas Machinery and Equipment sector gained new momentum in August with the opening of the expansion of Halliburton’s Malaysia Manufacturing and Technology Centre in Senai, in the southern state of Johor Bahru.
With exports and alternative energy production rising in Nevada, the economic prospects of the Silver State glow with the golden hue of sunnier times.
A peek into the latest data shows where certified logistics skills are most plentiful.
Features
by Adam Bruns
The VQA (Vintners Quality Alliance) label on wines such as Southbrook’s Biodynamic ‘08 Triomphe Cabernet Sauvignon means 100-percent Ontario grapes.
Photo courtesy of Southbrook Winery
Better Vines. Better Wines. Better World. So reads the description of the biodynamic farming methods in place at Southbrook Vineyard
Read MoreAdam Bruns
Editor in Chief of Site Selection Magazine
The high-tech industry in Europe is experiencing declining figures in all key segments, according to a 2012 study from A.T. Kearney.
E-commerce and brick-and-mortar expansion continue their cautious dance toward one another.
A driverless shuttle firm takes a 6,500-mile jaunt from Auckland to Riverside.
Missouri Governor Eric Greitens on Reform, Right-to-Work and Renewing State Competitiveness
Six finalists vie for the annual Innovation & Economic Prosperity University Awards
Investment Profile
by Ron Starner
Switch is building a $5-billion data center campus in Grand Rapids, Michigan. Assistance from Consumers Energy paved the way for this project, which will be the largest data center complex in the Eastern U.S. upon completion.
Image courtesy of Switch
Consumers Energy delivers creative solutions to complex industrial challenges.
Read MoreRon Starner
Executive Vice President of Conway, Inc.
U p until a few years ago,” says Frank Shepherd, “There were three ways of getting work done. Fixed offices took up 95 percent of the time, mobile work took up 3 percent or 4 percent and teleworking (permanent home-based working) was barely 1 percent. Today hybrid areas are emerging, as are nomadic touchdown satellite […]
TOP INDUSTRIES OF 2008 From Site Selection magazine, March 2009 Follow Your Counter-Intuition Real projects push aside dour projections. by ADAM BRUNSadam.bruns bounce@conway.com J udged by the number of corporate facility projects tallied globally over the course of 2008 by the Conway Data New Plant Database, the apparently suffering transportation equipment sector comes out on […]
A myriad of property management software is available today to handle account and reporting needs of industrial sites. One product that has been around awhile and continues to draw favorable reviews for its latest version is Skyline II. SS&C, a Windsor, Conn.-based software developer for a variety of applications, is the creator of Skyline. […]
What role does Consumers Energy play in economic development?
It?s enough to make your accountant cry — now it?s the landlords who?re smiling. Particularly in the USA, long gone are the days of the late ?80s and early ?90s, when many markets were awash in surplus office and other space, and landlords were practically begging corporate tenants to sign on the dotted line. In […]
Features
Weston Urban, KDC and TRT Holdings Inc. in March broke ground on Frost Tower in downtown San Antonio. The project features 20,000 sq. ft. of retail — a strong element in many mixed-use building projects seeking high-caliber corporate tenants.
Image courtesy of KDC
After two consecutive years of weak projections, retail CFOs forecast 4.9 percent sales growth for 2017, according to BDO’s 11th annual Retail Compass Survey of CFOs.
Read MoreQadruple backup power and a move-in-ready building made the New Orleans area the logical choice for the WorldWinds Inc. super-computer.
The Southwest Louisiana and Acadiana region supplies energy to the world and skilled workers for expanding companies. Take the elements that are critical to community prosperity — water, transportation, energy, industrial know-how, and willing and able workers — and combine them into a strategy for economic success … that is exactly what Southwest Louisiana and Acadiana did.
Look beyond the Florida city's warm water and palm trees and you’ll find a growing hub of young talent and ambitious leaders.
Jonathan Webb and Kentucky’s AppHarvest show how it’s done at scale.Appalachia is coming true, one mega-greenhouse at a time.
How Amazon turned the world upside down to deliver HQ2 packages to New York and Virginia.
Area Spotlights
by Gary Daughters
Utah businesses and chambers of commerce are stepping up to the economic challenge of cleaning the air above the state’s metropolitan areas, including Salt Lake City.
Photo: Getty Images
The business case for combating emissions in Utah
Read MoreGary Daughters
Senior Editor of Site Selection Magazine
The North American data center market made gains in construction and net absorption in this year’s first half as cloud service providers and social media companies drove demand, according to CBRE.
North American Reports: Bessemer Bound; Where IT’s At: and Continental Lift
Advances in internal combustion engines will blunt the impact of rising electric-vehicle market share in the world’s major economies, and the U.S. will not be the top EV market, according to a recent report.
There’s a shortage of degree holders in science, technology, engineering and math (STEM) fields, says one survey.
Business builders find the knowledge capital they need in college towns in the Southwest. Across New Mexico, Nevada and Arizona, entrepreneurs are tapping into this base of knowledge capital to propel their companies into rapid growth.