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From Site Selection magazine, May 2004



'Just Go On Back to Greenville'

    Greenville, S.C., was already known for its quasi-cluster of site selection advisory companies: IAMC member company McCallum Sweeney is headquartered there, as are major offices from Grubb & Ellis/The Furman Co. and Fluor Global Location Strategies. Now there's another firm in town: Mission Viejo, Calif.-based Location Management Services, whose president James Renzas is also an IAMC member.
    To head the new office, Renzas has hired John Sisson, who just last year was hired away from Fluor by Grubb & Ellis/The Furman Co. Joining Sisson in Greenville will be Mike Gredlein, formerly with NetProfit, also in Greenville.

More Space Added to Clarksville Business Park

In May 2004, ground was broken for a 1,018-acre (412-hectare) expansion of the Clarksville-Montgomery County Corporate Business Park in Clarksville, Tenn. Lockwood Greene Consulting completed plans for the property in May 2003, and infrastructure improvements began in November 2003. Frank Tamberrino, chair of the Tennessee Economic Partnership, is an IAMC member, as is Rebecca Wingenroth, associate director of strategic planning for Lockwood Greene.

(L-R) Industrial Development Board Chairman Carl Wilson, Clarksville Mayor Don Trotter, Montgomery County Doug Weiland, Governor Phil Bredesen, Economic & Community Commissioner Matt Kisber.

    Gredlein will head up the firm's incentives compliance practice, designed to monitor on-going state and local incentives agreements to ensure compliance. "This is especially important in light of sarbanes-Oxley Section 404 requirements," says Renzas.
    Earlier this year, Location Management Services, founded in 2002, won a Site Selection William Dorsey Service Provider Award for superior service, as did Fluor Global Location Strategies.



Other Big Doings
in Memphis

    As if the IAMC Fall 2004 Professional Forum weren't enough to excite the Memphis industrial real estate scene, there is other action stirring the pot.
    First, CoStar Group is expanding into the territory, part of its country-wide plan to photograph and collect property information from 21 expansion markets across the U.S. On May 11, 2004, the company dispatched 42 photographers to document those markets building by building.
    "CoStar invests more than $60 million annually in research, and a substantial part of that budget is invested to assist our efforts to drive every street and inspect every building so that our customers never miss an opportunity," said CoStar Group President & CEO Andrew C. Florance.
    Some of those photographed properties undoubtedly belong to San Antonio-based USAA. The insurance and financial services firm announced in May 2004 that it was handing over the management and leasing of an additional 2.65 million sq. ft. (246,185 sq. m.) in Memphis to Atlanta-based IDI Services Group, which already performed those duties for 1.8 million sq. ft. (167,220 sq. m.) of USAA-owned space in the city. IDI Services Group is a property management subsidiary of national real estate developer IDI, and manages 9 million sq. ft. (836,100 sq. m.) overall in the Memphis market.
    Michael Parks, vice president of national business development for IDI, is an IAMC member, as are USAA President and CEO Ed Kelley, Executive Assistant to the President Guy Seay and Vice President of Real Estate Investments Dirk Mosis III.



Savor This Lineup
for Memphis Fall Forum

    You tried it Southwest-style in Tucson this spring. Now get ready for some Memphis-style barbecue in the fall. But that's not all that's cooking for the Fall 2004 IAMC Professional Forum, Corporate Real Estate In a Changing World Economy, Sept. 26­29, 2004, at the Memphis Peabody Hotel.
Burrus

    On a menu filled with commentary, business models and case studies that address how to deal with global economic structural changes, the Fall Forum will definitely feature more than you can take in at one sitting.
    Economist Todd Buchholz, author of the newly published MARKET SHOCK: 9 Economic Upheavals That Will Shake Our Financial Future, will deliver the wit and insights that have made him a valued adviser to such varied parties as the White House, Goldman Sachs and ABC News. U.S. Air Force Colonel and space shuttle astronaut Mike Mullane -- perhaps the only one in attendance in Memphis who can list outer space in his real estate portf olio -- will thrill attendees with his inspirational account of his career. Futurist and entrepreneur Daniel Burrus, author of Technotrends, will demonstrate why his record of technological prediction is second to none. And personal security expert Robert Siciliano, author of The Safety Minute, will offer his eye-opening guidance on dealing with both personal and corporate security issues.

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