From Copenhagen and Stockholm to Oslo to as far out as Helsinki, Nordic markets are bubbling towards a top. After several years of rapid growth in available space, the market tune has changed. As a result, corporate denizens are scrambling to reposition themselves to control occupancy costs, which, for the average firm, make up 20-30 […]
Features
Canada: It’s Time to Take a Fresh Look
A decade ago, many U.S. site seekers thought Canada an expensive place to do business. As a result, they rarely looked north of the border when expansion plans loomed. True, Canada was a costly place to operate, compared with many stateside locations. In fact, high operating costs helped turn the country into a favorite hunting […]
Breaking Boundaries: KeyCorp/Johnson Controls/Trammell Crow Alliance Sets Service Delivery Standards
Breaking down outmoded boundaries: It’s a key element in the ongoing revolution in corporate real estate service delivery. And boundary-breaking is precisely what’s driving the creative alliance between Cleveland-based KeyCorp (www.key.com) and service providers Johnson Controls (www.johnsoncontrols.com) and Trammell Crow Corporate Services (www.trammellcrow.com). Formed in September of 1997, the KeyCorp Real Estate Enterprise (KREE) is […]
The Approaching Industrial Land Shortfall
Much of the US is running out of attractive, properly prepared industrial land. Twenty-five years ago, the issue of site availability for expanding companies was not usually a major concern. When a client needed a fairly conventional property of perhaps a hundred acres, there was usually a range of choices. Virtually every community or region […]
Auto Exec: Taming the Property Tax Management Tiger
Most owners of diverse real estate holdings would jump at the chance to organize their property tax records and be able to access tax-related information for specific properties easily. And all owners of real estate would want to reduce their property tax burden wherever possible. Users of Property Tax Office (PTO), a software program from […]
1998’s Top 10 Deals: Dovetailing Development Excellence with Corporate Strategy
From Site Selection magazine, May 1999 1 9 9 8 ‘ s T O P 1 0 D E A L S Dovetailing Development Excellence with Corporate Strategy b y J A C K L Y N E From Boeing to UPS, 1998’s top 10 deals cut a wide industry […]
Top Deals: 1998’s Very Honorable Mentions
From Site Selection magazine, May 1999 T O P D E A L S 1998’s Very Honorable Mentions A hot year for the world economy, 1998 saw a dizzying array of top-flight facility deals, too many to be crammed into one top 10. Here are a few other eminently worthy deals Site Selection cites […]
Championship Caliber: 1998 Top 10 Development Groups
From Site Selection magazine, May 1999 Championship Caliber: Site Selection‘s 1998 Top 10 Development Groups b y T I M V E N A B L E Hundreds of growing companies played the location game with skill and poise last year, capitalizing on the championship-level services of Site Selection‘s 1998 top development groups. […]
Other Top Development Organizations: Honorable Mentions from 1998
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 […]
Breakthrough Deals: New Trend
Breakthrough Deals: New Trend-Setting Corporate Locationsb y T I M V E N A B L E Auto plants in Detroit. Financial services offices in New York City. Distribution centers in Chicago. Those cities and facility types go together like bread and butter, the result of decades of business success. But the world […]
The more things change the more they stay the same, goes the saying. Access to a skilled work force remains the No. 1 priority of corporate site seekers, according to a recent Site Selection survey of economic development (ED) groups and service providers. This has been the case for years, and as long as unemployment […]
More, Better Location Help: New Development Programs and Services
Corporate site seekers zeroing in on the best places for new facilities evaluate competing areas against the backdrop of today’s constantly changing — and increasingly competitive — location landscape. New financial incentives, strengthened work-force training programs and enhanced World Wide Web sites are just a few of the tools communities are using to make themselves […]
MCI WorldCom: Can It Put All the Pieces Together?
From Site Selection magazine, May 1999 C O V E R S T O R Y b y J A C K L Y N E MCI WorldCom stands poised to be the 21st century telecom prototype, having acquired all the requisite pieces, including a ton of real estate assets. But can […]
Real Estate Planning in the Financial Services Arena
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. […]
Q&A: A Corporate Services Chief Says CIR Is Key to Adding Value
Site Selection: Congratulations on your recent promotion to Senior Vice President, Corporate Services. How does this change your role at Charles Schwab? Parkash P. Ahuja: Thank you. As for my responsibilities, prior to this change I was responsible for corporate real estate facilities, purchasing, travel, food services and corporate records. I used to report to […]
Leadership Forum Concludes With New Service Provider Mandates
The industry crossroads referred to in Part 1 of this report on Jones Lang Wootton’s Corporate Real Estate Leadership Forum was brought sharply into focus during the final two sessions of the day-long event. The meeting, which had a “Focus on Innovation” theme, was held at IBM’s world headquarters facility in Armonk, N.Y., on Nov. […]
Awards Presentation
Site Selection 1998 Top 10 Development GroupsAwards Presentation The 1998 Top Economic Development Groups were honored by Site Selection magazine in a special Awards Ceremony and Reception held during the IDRC World Congress in Boston, Massachusetts on Sunday, April 25, 1999. Tim Venable, Managing Editor, Site Selection magazine opens the Awards Ceremony. Don Dunshee (left), […]