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Real Estate Services: New Alliance to Foster Technology-Based Economic Development, Site Selection Magazine, November 2001

New Alliance to Foster Technology-Based Economic Development Communities seeking to implement technology-based economic development strategies will likely benefit from a recently announced alliance between the Milken Institute, a demographics and economic research organization based in Santa Monica, Calif., and New Economy Strategies (www.regional-strategies.com), an economic development consulting firm headquartered in Washington, D.C. The two organizations […]

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Data Standards Guidelines: What They’re About, and What They’re NOT About

 S everal years ago, the Council for Urban Economic Development (CUED) and the American Economic Development Council (AEDC) convened a joint task force to address an issue of their membership. The two associations merged earlier this year to form the International Economic Development Council (IEDC).         At issue was the concern of […]

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North Carolina Claims No. 1 Business Climate Ranking

 S pearheaded by the meteoric rise of the Charlotte and the Research Triangle metro areas, North Carolina has climbed to the top spot of Site Selection‘s 2001 Business Climate Ranking.         Becoming the No. 1 state for doing business wasn’t easy. The Tar Heel State barely edged out last year’s winner — […]

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International Business Climates: A European Incentives Update

 E conomic slowdown and uncertainty is increasing pressure on companies to improve margins. Within Europe, one response of multinational corporations has been to initiate cost reduction through consolidation/rationalization /relocation projects of both manufacturing and service activities.         Government financial incentives are available for these projects (as well as typical new/greenfield investments) and […]

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Canada Business Climate Beckons Investors

Ontario, Alberta Prove Most Appealing Ontario and Alberta were ranked as the top two investment climates in Canada by U.S. and Canadian investment managers, according to the 2000 Survey of Senior Investment Managers, released by the Fraser Institute, a Canada-based economic research organization. The two provinces tied with a score of 7.7 out of 10. […]

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Europe’s Best Rev Up Investments

 W hen Japanese automaker Toyota needed to increase its share of the European marketplace in the late 1990s, it went in search of the automaker’s Holy Grail — the perfect site for a new manufacturing plant. After heated competition, the Nord-Pas de Calais region in Northern France offered the most tempting of sites.     […]

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The 36th Annual Guide to State Legislative Activity

 N ot too long ago, state legislatures around the U.S. spent their lawmaking sessions deciding which programs to create or increase appropriations to in order to lure businesses, among other agendas. Lofty economic times filled state budget coffers from Hartford to Honolulu, giving lawmakers lots of leeway in reducing corporate tax rates and aiding new […]

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Roundtable Delivers New Solutions To Today’s Real Estate Challenges

 A s if their plates weren’t full enough already, economic conditions are mandating that corporate real estate managers figure out how to do more with less. More what? They must now demonstrate more of an ability to contain, if not reduce, costs where property assets are concerned, because shareholders and real estate investors are less […]

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To Buy or to Lease: A Taxing Situation

 C ommercial real estate taxes are nothing to sneeze at. In a medium-sized city like Pittsburgh, taxes on a commercial office building in the central business district can easily run between US$2.50 and $3 per square foot, or about $4 million a year on a 1.5-million-sq.-ft. (139,300-sq.-m.) building in the heart of the city. Taxes […]

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Ford’s European Comeback – November 2001 Cover Story, Site Selection Magazine

 E xactly one year ago, the future looked bleak for Ford Motor Company’s European operations. Bleeding red ink by the buckets, plagued by under-utilized plant capacity and struggling to maintain market share, Ford Europe was more than stuck in reverse. It was careening out of control. At Dagenham in the United Kingdom, Ford Europe is […]

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Down Time May Be Investment Time in South America

 “I ‘m very optimistic about the economy and about what’s happening here in Mexico,” says Steve Ballmer, Microsoft CEO. The software giant announced in August that it plans to invest US$60 million to train 20,000 Mexican software developers. The company will team up with 3,000 computer and technology professors to help Mexico develop a software […]

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The Real Estate Legacy of the Dot

Ron Starner  C orporate real estate executives who think they have nothing to learn from the boom-and-bust era of New Economy companies should think again. “The real estate legacy of the dot-com era will outlive many of the start-ups that have now collapsed,” says Jacques N. Gordon, international director of LaSalle Investment Management Inc. in […]

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IDRC Abstracts

Abstracts of major presentations of the International Development Research Council (IDRC), the world’s pre-eminent corporate real estate association. “Strategies for Managing Through the Economic Downturn,” Pacific Northwest World Congress, May 14, 2001: Remaining competitive in the global marketplace requires a company to hire and keep the best workers, says Jacques Gordon of LaSalle Investment Management. […]

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New Research Charts a Cyber Course for Brokers

 D ALLAS – If the financial securities industry is any indication, traditional brokerage models are in for a rude awakening. The success of online trading services for institutional and individual investors should not be lost on brokers in other industries, including the commercial real estate industry, where brokers are facing inevitable change in how they […]

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Northern Ireland Defends Turf As EU Investment Site

 B elfast is struggling to regain its footing as one of Europe’s most inexpensive locations for foreign companies as the U.S. economic slowdown dampens Yankee investor enthusiasm Europewide. After a boom year 2000, uptake of new office space in Belfast fell in the first half of this year to an estimated 185,000 sq. ft. (17,187 […]

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Why Canada Beckons

Site Selection Managing Editor Mark Arend recently met with Canada’s new consul general in Atlanta, Astrid Pregel, who takes charge of her nation’s economic interests in an increasingly important U.S. region to Canada. The southeastern United States is in the geographic center of what may soon be a free trade zone covering all of the […]

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New Cost Factors Spur Interest in Eastern Europe

 W hen SYKES, a world leader of customer care management (CRM) solutions, decided to locate a call center in Sveg, Sweden, the decision was based on the fact that SYKES could service all of Scandinavia from this low-cost, remote location. SYKES typically locates facilities in remote areas. Helping Sveg land the facility was a young, […]

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Real Estate Services: Connectivity Drives a New Strategic Alliance

Connectivity Drives a New Strategic Alliance Cushman & Wakefield (C&W) has signed a unique strategic alliance with American Fiber Systems (AFS), Rochester, N.Y., a leading provider of dark-fiber-optic communications networks — fiber-optic cable without electronics equipment attached. The alliance calls for Cushman & Wakefield to negotiate arrangements that allow for the interconnection of AFS’s dark […]

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Tech Conference Takes the Real Estate Industry’s Digital Pulse

 D ALLAS — Visitors to the Adam’s Mark Hotel in mid-June couldn’t be faulted for wondering if a new baby boom was under way in the commercial real estate industry. Most of the speakers at the Realcomm conference held here had something to say about the importance of adoption. They were referring, of course, to […]

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A Call Center Research Alliance Burnishes Small Cities’ Allure

CB Richard Ellis’s Call Center Solutions Group, based in Phoenix, is teaming up with an academic expert on call center operations data to quantify the synergies and savings companies can realize by looking outside metro areas for suitable labor pools. CB Richard Ellis’s James J. Trobaugh III, an expert on siting call centers, explains how […]

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Johnson Controls Office Occupancy Costs Index, Q2 2001

Welcome to the 2nd Quarter 2001 Johnson Controls USA Office Occupancy Costs Index, which provides a snapshot guide to the cost of providing and operating property and facility management services in the USA.         This cost index briefing is published twice a year and has become a powerful and dynamic business reference […]

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Behind Boeing’s Flight Plan

W hen Boeing Co. touches down in Chicago and opens its new headquarters on Sept. 4, the world’s largest aerospace firm will teach corporate asset managers everywhere a valuable lesson: Don’t be afraid to leave home. Rather, base every real estate decision according to how your company is structuring itself for the future.     […]

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Power Lunch: New Perspectives on Energy and the Site Location Challenge

S ite selectors throughout North America will long recall 2001 as the year energy cost and availability moved to the top of their location criteria lists. Not long ago, it was virtually taken for granted that affordable and abundant electricity was within reach of any new project location that made the short list. Property asset […]

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Top 10 Utility Companies of 2000

W ith the current state of affairs in California and the success of the Julia Roberts’ Oscar vehicle Erin Brockovich, utilities were not seen in the best light in 2000. But those in the corporate real estate field know better. They realize the important role utilities play in site selection and expansion.       […]

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