hose of us attending the IAMC Professional Forum in Corpus Christi, Texas, recently were more than cognizant of the post-Katrina situation elsewhere on the Gulf Coast. In fact, at one point just two weeks prior to the conference, IAMC staff and leadership were busy making conference contingency plans in the event Hurricane Rita stayed on […]

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 […]

ver since a 1987 U.S. Supreme Court decision restricted state regulation of gambling on reservations, Native Americans and economic development have usually convened at the gaming table. But new projects and policies have given North American by ADAM BRUNS LAND OF MANY VALUES: Phil Swain, chairman of the Moapa Business Council, looks over tribal land […]

November2005 Different Threads, Same Fabric (cover) We’re All In This Together; Meet a Member Productivity Essentials: Trust, Talk and Savvy Outsourcing IAMC Corporate Members Mull Asset Disposition Options Request Information Different Threads, Same Fabric IAMC Members and Prospective Members,       In the 21st century, when there is such a free flow of information, […]

urope enjoyed a return to high levels of foreign direct investment in 2004 (over US$250 billion, including non-EU figures) and remains the most attractive global zone. According to Ernst & Young’s European Investment Monitor (EIM), researched and powered by Oxford Intelligence, FDI is increasingly driven by European cross-border investment, with the U.K. remaining the dominant […]

s Congress mulls giving its nod to the 2005 round of BRAC (Base Realignment & Closing), which targets 33 major U.S. military bases for closure and 29 others for realignment, many communities affected by previous BRAC rounds are doing quite well in their redevelopment efforts.    BRAC communities have created more than 100,000 jobs so far, […]

aving forfeited its three-year claim to the Top Business Climate ranking in 2004, North Carolina is back on top. And Texas, which unseated the Tar Heel State in last year’s contest, finished a more than respectable second. Texans should find some consolation in placing first in the survey of corporate site seekers, which counts for […]

I n legislatures across the U.S., the year in economic development began with concern about how last year’s CHART 1: Financial Assistance for Industry pdf file, 350K CHART 2: Tax Incentives for Industry pdf file, 350K Sixth Circuit Court of Appeals decision in Cuno v. DaimlerChrysler might affect their incentive programs. By summer, the U.S. […]

he United Kingdom has soared to new heights in attracting inward investment in recent years. During its 2004-05 fiscal year alone, for example, the UK recorded 1,066 inward investment projects — its highest-ever tally — which will create more than 39,500 jobs.    Wales leads the way, attracting more than $633 million in foreign investment in […]

n ye olden days, way back in the early 1990s, the gathering of information that occurred at the onset of any site selection process involved making phone calls and sending letters seeking information, followed by more phone calls and more requests for information, usually culminating with lots of overnight mailing charges. Today, what corporate real […]

hether you’re looking to locate a high-tech manufacturing facility, expanding your knowledge-based operations, or hiring top-notch people for a customer service centre, you should know that in Greater Moncton, New Brunswick, Canada, we are “Obsessed With Your Success.”    Located in the southeastern part of New Brunswick, Canada, the Greater Moncton is adjacent to New England […]

need to learn about strategies for disposing of specialized real estate assets, especially manufacturing facilities.” “What are some recommended lease administration programs — what are other active members of IAMC using?” “Should I handle site searches in-house or hire a consultant to do them?” by MARK AREND      These are just a few of […]

eridians were made for man, not man for meridians. Time must be regulated … to suit man’s convenience.” Sir Robert Ball, eminent British astronomer, in support of William Willett’s daylight saving time proposal “The Waste of Daylight,” published in 1907.       When Credit Suisse First Boston chose Research Triangle Park for its new […]

From Site Selection magazine, July 2005 WORLD REPORTS Russian Investments: An Increasingly Safe Bet ‘New’ Red Flags No Obstacle for Alcoa Ford, Volkswagen, Pepsico, BASF. Toyota, Caterpillar, DaimlerChrysler, International Paper, LG Electronics. That’s not a bad roster of very recent multinational corporate investors in Russia. How that roster grows from here depends on a lot […]

JULY 2005 Room for Nuance, Time for Your Craft (cover) Meet a Member Time to Merge Pfizer Opens Facilities in Sweden, Connecticut; Forum Program Takes Shape Request Information Room for Nuance, Time for Your Craft Dear IAMC Members and Prospective Members,       Professionals today are able to command an exhaustive array of technology […]

hen a profession’s top achievers stake out a position of leadership through their actions, others soon follow. by RON STARNER      That’s exactly what happened three years ago this month when about 50 corporate real estate executives organized themselves into the Industrial Asset Management Council.      Today, some 350 corporate real estate executives, […]

sset disposition is hardly a plum assignment at most corporate real estate organizations, especially industrial ones. A new coat of paint on the front door does little to make industrial assets more attractive to potential buyers, and most corporations are loathe to spend money on the paint in the first place. So sites are unloaded […]

ohn Lucas, director of global real estate for Juniper Networks, a leading developer of high-performance Internet protocol platforms, oversees a far-flung worldwide portfolio of about 1 million sq. ft. (92,900 sq. m.). Locations range from the company’s 675,000-sq.-ft. (62,700-sq.-m.) Sunnyvale, Calif., corporate campus to much smaller offices around the globe.      One of the […]

oday’s economy is often referred to as “lukewarm” or, more creatively, the “Goldilocks” economy because it’s not-too-hot and not-too-cold. But what exactly can Goldilocks bring to the industrial real estate table? Building on strong returns from 2004, it looks like she’ll bring prosperity instead of porridge, because warehouse demand should increase this year in the […]

he political climate for state business incentive programs is changing rapidly, in large part due to the Charlotte Cuno et al. v. DaimlerChrysler et al. court case.       Cuno involves two Ohio business incentives: the Corporate Franchise Investment Tax Credit (ITC) and the Personal Property Tax Exemption. In Cuno, the court determined that […]

ust as I thought would happen, the hubbub surrounding the issue of U.S. companies locating facilities abroad diminished markedly following the November 2004 general election. It turns out that even though corporations do site plants where it is most cost effective to do so — which frequently means outside the U.S. — plenty of them […]

ncertainty is the enemy of healthy markets. This observation has been confirmed by a controversial Federal court ruling that a broad range of economic-development incentives are unconstitutional. That ruling was issued in October 2004 by a three-judge panel of the Sixth Circuit Court of Appeals in Ohio, and, to the surprise of many, the full […]

From Site Selection magazine, May 2005 WORLD REPORTS Middle East Outlook Infrastructure, Research Parks, LNG Plants Among New Projects The incessant turmoil of the Middle East notwithstanding, the region is the scene of many planned major investments that bode well for its economic future. These include historic infrastructure projects, major research parks and a number […]

Dear IAMC Members and Prospective Members,      The core purpose of IAMC is to help members stay on the cutting edge in times of dramatic change. The recently concluded IAMC Spring Professional Forum in Charleston, S.C., was a tremendous reputation builder in that regard, and revealed our sound platform for delivering that level of […]