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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 agreed in August to work together on regional and national initiatives, conferences and research into the next generation of community and regional technology-based economic development.

       
“People at New Economy have been involved in technology economic development implementation efforts, and we have done ground-breaking research on what successful regions have done in developing high-tech clusters and determining how to foster technology and entrepreneurship and innovation-based growth internally,” says Ross DeVol, Director of Regional and Demographic Studies at the Milken Institute. The Institute generates research in such areas as benchmarking assessments and analysis of data that may point to underutilization of a region’s core competencies.

       
“We felt we needed to partner with an organization that has more experience on the strategy-implementation side,” says DeVol. “By combining our efforts, we can provide a much higher quality service to economic development officials and governments.”

       
New Economy Strategies has advised 25 communities in the United States, including Austin and San Antonio, Texas, Washington, D.C., and Cleveland, on projects that maximize the economic and strategic goals of cluster development and growth.


Architectural Design Firms
Form a Cross-Border Alliance

Three architectural design firms have formed another global alliance of such organizations designed to broaden their scope of services and service areas beyond their traditional markets. The members of the new alliance, known as E2A-Global, are ADD Inc., with offices in Miami, Fla., San Francisco and Cambridge, Mass.; Evata, which has offices in San Jose, Calif., and several European cities; and The Adrianse Group, which has offices throughout Asia and Australia.

       
The three firms will combine local knowledge, worldwide coverage, integrated services and human resources to their clients and prospective clients. A similar effort, known as Insight Alliance, was launched in the spring of 2001 (see Real Estate Services, Site Selection, July 2001, page 440).


Service Providers on the Move….

Jones Lang LaSalle is expanding its global consulting practice with the addition of a Singapore-based representative. Stuart Crow, associate director, will head the new division, which offers a variety of specialist strategic advisory services.

James Nesbitt and James Michael McKevitt have joined NAI Hiffman, Oakbrook Terrace, Ill., as vice presidents of the firm’s Office Brokerage Group. The two previously worked together at Scribcor, Inc., where Nesbitt was senior vice president and McKevitt was chairman. Also, Joseph M. Geisel has joined the firm as executive vice president in the asset management group.

Tim D. Relyea has been appointed vice chairman and a member of the board of directors at Cushman & Wakefield. Relyea co-manages the firm’s Houston office with Scott Wegmann, who was recently named executive managing director, co-branch manager and co-area leader for Texas. Both Relyea and Wegmann had been executive vice president and co-managing director at Cushman Realty Corp. prior to the two firms’ merger.

       
Cushman & Wakefield made several other executive announcements in August 2001. Andrew D. Ratner has been appointed senior managing director and co-area leader of the firm’s California operations. He works in Los Angeles. His colleague, Joe Cook, shares California leadership responsibilities from San Francisco. Ratner had been executive vice president and national director, real estate services, at Cushman Realty. Stuart R. Essery has been named executive managing director of U.S. operations. He previously was senior vice president and CFO at Cushman Realty. Peter W. Savoie has been named executive managing director of the firm’s Financial Services Group (FSG). Working in the firm’s Denver office, Savoie heads FSG’s western operations with Steve Jones, an executive managing director in San Francisco. Savoie had been executive vice president at Cushman Realty. And Robert Ortiz is Cushman & Wakefield’s new executive managing director of U.S. operations, reporting to Bruce Mosler, president of U.S. operations. Ortiz had been executive vice president and national director of brokerage services at Cushman Realty.

Julien J. Studley has named Eric B. Moore to the post of corporate managing director in the firm’s Los Angeles office. A telecommunications specialist, Moore was founding partner of Millennium Advisors MSN, where he focused on telecommunications leasing.

J. Richard Jones, who has served as head of Insignia/ESG‘s Philadelphia office, has been appointed executive vice president and head of the company’s Strategic Services Provider Program and new business development for the Mid-Atlantic region. Karen Daly has been appointed executive managing director of the company’s Philadelphia-area operations. She most recently oversaw Insignia/ESG’s property services operations in the New England, New York and Mid-Atlantic regions.

Rhett W. Peterson, a specialist in office and industrial R&D buildings, has joined Voit Commercial Brokerage as a senior marketing associate. He leaves Grubb & Ellis, where he worked as senior advisor of the Office and Technology Services Group in San Diego.

Johnnie-Mike Irving has joined Regus, an outsourced officing provider, as president and general manager for Canada. He most recently was vice president at Dell Computer Corp., where he was responsible for sales, marketing and operations.

LandAmerica Financial Group, Richmond, Va., has hired Andrew S. Brownstein as senior vice president, strategic transactions. He previously was vice president, Colonnade Capital LLC, a private equity firm, where he coordinated, negotiated and executed investments in the manufacturing, service and media industries.