Features

JUNE/JULY 1998 The REITing of Corporate America by Stephen Finn Real Estate Investment Trusts (REITs) are once again a force to be reckoned with. Institutions and other investors seeking to diversify their stock-heavy portfolios have concluded that real estate isn’t such a bad investment after all and have poured billions into the asset class. Traditional […]

Highlights from June/July 1998 COVER STORY Uncommon Gazelles: Unorthodox Strategies Fuel Their Fast-Track Expansions Expansion-minded “little giants” are so influential that firms of all sizes are scampering to understand what makes them tick, coveting the extravagant price/earning ratios with which financial markets are showering them. pg. 492 All Dressed Up with No One to Grow? […]

APRIL/MAY 1998 The Service Imperative: A New Mind-set for Corporate Real Estate by Michael A. Bell I n May, the International Development Research Council (IDRC) Spring World Congress in Baltimore will focus on the subject of service delivery and why it has emerged as a corporate real estate imperative in a sustained period of unprecedented […]

APRIL/MAY 1998 The Strategic Art of the Deal: SS‘s 1997 Top 10 by Jack Lyne Spanning four continents, 1997?s top 10 deals illustrate billion-dollar investments, multimillion-dollar incentives and savvy facility location strategy. These 10 deals were chosen by Site Selection?s editorial team as 1997?s top facility location deals. Here are capsule looks at those 10 […]

APRIL/MAY 1998 The Pinnacle of the Profession: Site Selection?s 1997 Top 10 Development Groups by Tim Venable W hen you want results, you go to the top. That?s what site-seeking companies like Compaq Computer, Dana Corp., Georgia Pacific and IBM did last year. They sought location expertise from the pinnacle of the development profession: Site […]

APRIL/MAY 1998 Strategic Alternatives to Synthetic Leasing by Michael L. Evans and James Ryan T he emergence of the synthetic lease has, perhaps more than any other development in the last 10 years, allowed Corporate America to maximize the value of its real estate assets. A synthetic lease is a financing vehicle that enables companies […]

APRIL/MAY 1998 Cost Measurement for the 21st Century by Mark Arend Some executives wonder whether telecommuting and other “dynamic workplace” structures really are cost-efficient. Others seek more accurate tools with which to measure occupancy, equipment and human resources costs tied to specific projects, departments, and business lines. A new accounting methodology, called workpoint cost accounting, […]

APRIL/MAY 1998 IDRC?s Best Practices Award: Australia Post — Leadership by Jack Lyne When market-driven pressures transfigured Australia?s national mail system, its real estate arm took a decidedly proactive turn. In two short years, the group has forcefully made the case for cost-effective strategic space utilization. Australia Post Property Division?s designation as 1997?s winner of […]

Highlights from April/May 1998 COVER STORY The Strategic Art of the Deal: 1997’s Top Ten Spanning four continents, 1997?s top 10 deals illustrate billion-dollar investments, multimillion-dollar incentives and savvy facility location strategy. pg. 190 The Pinnacle of the Profession: Site Selection?s 1997 Top 10 Development Groups pg. 202 Strategic Alternatives to Synthetic Leasing pg. 276 […]

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 […]

Highlights from Site Selection ? February/March 1998 Machinery, Chemical Sectors Claim Most Facilities in ’97 by Mark Arend If new plant announcements are any indication, 1997 was a banner year indeed. More than 7,100 new or expanding plant projects were reported to Site Selection’s New Plant database in 1997, a 22 percent increase over the […]

Highlights from Site Selection ? February/March 1998 Pharmaceutical/Biotech Siting: The Search for Space, Workers, ‘Community’ and Creative Financing by Steve Usdin Today’s pharmaceutical/biotech site selection decisions are driven by factors both old and new. On one hand, the industry is searching for skilled labor and room to expand, traditional location concerns, but increasingly scarce resources […]

Highlights from February/March 1998 COVER STORY Michigan, Midwest Set Fast-Track Pace in 1997’s Record U.S. Race for Corporate Facilities 1997’s annual Site Selection scoreboard tallied a record 10,571 U.S. facility and expansion announcements. pg. 24 European Union: How Europe Is Rewriting Its Site Location Rules pg. 22 IDRC’s Service Delivery Best Practices Award: Ford Motor […]

Highlights from Site Selection ? February/March 1998 European Union: How Europe is Rewriting Its Site Location Rules by Mark Arend On January 1, 1999, the euro will emerge as a negotiable currency, replacing several Western European currencies — the exact number of which will be determined in the coming months. “It is very likely that […]

Highlights from Site Selection ? February/March 1998 IDRC’s Service Delivery Best Practices Award: Ford Motor Land Services and Alliance 2000 by Tim Venable In late 1993, Ford Motor Co. Chairman Alex Trotman had a better idea. He announced his intent to globalize the company as the first step in a push to become the world’s […]

Highlights from Site Selection ? February/March 1998 Real Estate and the Networked Economy: Big Changes in When, Where and How Business Works by Jack Lyne “The future has already arrived; it’s just not evenly distributed yet,” Paul Saffo, director of the Institute for the Future, told a record-setting gathering of more than 2,000 at the […]

Highlights from Site Selection ? December 1997/January 1998 Real Estate’s Cream of the Crop: IDRC Best Practices Excellence. It’s something all firms strive for — to be the best. Many companies today are working hard to make their real estate operations the best they can be. The International Development Research Council (IDRC), the world’s preeminent […]

Highlights from Site Selection ? December 1997/January 1998 Managing Cultural Differences: Challenges for Americans Doing Business in Europe by Gary M. Wederspahn With the powerful lure of the European Union’s 374 million-strong market and the continued opening of Eastern Europe to commerce with the West, the number of American business travelers going to Europe has […]

Highlights from Site Selection ? December 1997/January 1998 Globalizing: Real Estate Payoffs and Perils by Jack Lyne Globalization: Clearly, it’s transformed 20th century business life. Far less clear, though, is how to optimally globalize business operations, particularly when it comes to real estate. “Globalization has been a long evolutionary process,” says Marvin Manheim of Northwestern […]

Highlights from Site Selection ? December 1997/January 1998 The Drive to Globalize: Profit Motive Rules as Foreign Direct Investment Soars by Tim Venable How global is your company? If you’re committed to making your firm as profitable as it can be, it must be increasingly worldwide in scope. Your headquarters might be in Peoria, but […]

Highlights from Site Selection ? December 1997/January 1998 Nokia Wirelessly Takes on the World by Jack Lyne Helsinki-based Nokia has achieved a remarkable business turnaround. After losing US$213 million in 1991-92, the old-line Finnish conglomerate, founded in 1865 as a forest-industry operation, has totally transformed itself. Now, Nokia is the No. 2 world player in […]

Highlights from Site Selection ? December 1997/January 1998 Contract, Expand, Adapt: The Auto World’s All-at-Once Imperative by Karen E. Thuermer Today’s auto industry is getting a very mixed message: Contract and expand and adapt . . . quickly. On one hand, sluggish North American and European sales have made retooling and streamlining imperative. Simultaneously, emerging […]

Highlights from December 1997/January 1998 COVER STORY Nokia Wirelessly Takes On The World Now, Nokia is the No. 2 world player in the burgeoning mobile phone market, breathing down mighty Motorola’s neck. pg. 1124 Real Estate’s Cream of the Crop: 1997 IDRC Best Practices pg. 1101 Managing Cultural Differences: Challenges For Americans Doing Business In […]

Highlights from Site Selection ? October/November 1997 Case Study: Nortel Builds a New HQ — and a ‘New City’ Global power Nortel shattered the mold with its new headquarters, moving 3,000 key knowledge workers from Class A high-rises to a reconverted, one-story, 1960s’ factory in Brampton, a Toronto suburb. What’s more, it created a workplace […]