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I ‘ve saved this space to recognize some outstanding individuals in the corporate real estate profession — the seven winners of this year’s Site Selection Corporate Real Estate Leadership Awards, which were presented at the CoreNet Global Summit this past May, in Salt Lake City. With their permission, we will spotlight the work they do […]

From Site Selection magazine, July 2002 WORLD REPORTS   | SOUTH KOREA | MEXICO | AUSTRIA | PORTUGAL | SINGAPORE | SCOTLAND | Incheon Stakes Its Claim as Intelligent City In the first-ever U.S.-South Korean real estate joint venture, The Gale Co. has been tapped as a partner in developing the US$12.5-billion New Songdo Intelligent […]

Grubb & Ellis Growth in Services and Affiliates Inspires Investment Real estate investment firm Kojaian Ventures, based in Bloomfield Hills, Michigan, has agreed to stake $15.2 million on the growing fortunes of real estate services firm Grubb & Ellis, a measure that would grant Kojaian the voting power of a majority stockholder. The investment will […]

W hen Concept Inc. went looking in 1988 for a site to manufacture arthroscopic medical devices, the company found what it needed in Largo, Fla., a town in the Tampa Bay Area on the Gulf of Mexico.         Today, the US$256 million-a-year company known as Linvatec employs 1,100 workers and occupies 235,000 […]

The new Conway Eco-Site project involves several elements: A small, privately maintained nature preserve, the Mockernut Botanical Garden. A family residential compound in a quiet rural area surrounded by magnificent vegetation. A private library and research facility away from distractions and interruptions. A farm for growing vegetables and fruit — and later, a greenhouse. A […]

 C orporate site selectors have a new tool to use in their next business location search. It’s the revamped Development Alliance web site, the product of a partnership between the International Economic Development Council and Conway Data Inc., publisher of Site Selection magazine.         Launched in early 2001, www.developmentalliance.com is the corporate […]

 T he medical technology industry – medtech for short – is very much in vogue in Europe. For one thing, corporate investors crawled out of the dot-com rubble and sought sanctuary alongside what they thought would be the next golden goose. But this sector is more complex than the financial world thought, being multi-faceted, capital […]

 I n an economic downturn, inexpensive, capable labor becomes even more important. India has both and offers call center site selectors the added bonus of a workforce dedicated to making a career within the call center industry.         “India offers a workforce of highly-dedicated, well-educated, English-speaking professionals, and the infrastructure needed to […]

 W hen national electronics retailer Best Buy needed to place a regional distribution center in the Southeast, the Georgia Center for Site Selection played a pivotal role.         What’s unique about the GCSS? It’s operated by a utility cooperative association — the Georgia Electric Membership Corp. (GEMC) in Atlanta. The center helps […]

Welcome to the 4th 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 […]

 W hen manufacturer Superior Walls of Central Illinois opened for business in the Springfield Enterprise Community, it created job opportunities for 42 low-to-moderate-income neighborhood residents. “These employees show great pride in producing a quality product,” says Springfield developer Mike Suhadolnik, owner of Superior Walls.         Suhadolnik’s enthusiasm is matched by that of […]

 P fizer’s 600-employee expansion in Ann Arbor, Mich., looked deceptively simple — on paper, at least, once it was a done deal.         One number fairly leaps out in the postmortem: a whopping US$84.2 million in incentives, certainly enough to vacuum-seal most major expansions. And those bountiful incentives certainly did help seal […]

 T here’s a reason why Toyota, Nissan, Honda, Mercedes-Benz, BMW, Ford and General Motors all call the Southeastern U.S. home for some of the country’s largest automotive assembly plants. It’s because the South knows how to get the blockbuster economic development deals done.         Last year, the South accounted for three of […]

 I n an era of dwindling resources and a slumping economy, development officials are searching for new ways to attract industry and business. Many cities are offering incentives for such traditional industries such as heavy manufacturing and logistics. Economic development groups are looking to attract tried-and-true businesses with workforce development programs and site incentives. There […]

 W hy did Pfizer invest $600 million into a facility expansion in Ann Arbor, Mich.? Why did Citicorp Credit Service decide to add 2,100 jobs to its work force in Florence, Ky.? And why did Ford Motor Co. announce that it will invest $375 million into an expanded manufacturing plant in Norfolk, Va.?     […]

 D o you sometimes think that you receive too much information? In his excellent 1999 book, How the News Makes Us Dumb: The Death of Wisdom in an Information Society, historian C. John Sommerville laments the loss of truly wise people in an era in which meaningless daily news consumes us, and in which we […]

 I f you’re not keeping score, then you’re just practicing, goes the adage. More and more economic development groups are realizing how true that is as they evaluate their performance relative to other locations. The heated Governor’s Cup contest covered in our March issue is testament to that. But other measures are emerging that can […]

Zurich, Vienna and Vancouver Top Quality of Life Survey The 2002 worldwide quality-of-life survey conducted by human resources firm William M. Mercer has found Zurich, Switzerland to be the best overall place to live in the world, trailed closely by Vienna, Austria, and former No. 1 city Vancouver, British Columbia.         The […]

Service Providers On the Move … Edward C. Lubieniecki has been appointed executive vice president for the Western Region Consulting Services of Grubb & Ellis Co., based in New York City. Lubieniecki will bring more than 20 years of industry experience to the firm’s San Francisco office. In addition to being selected to manage the […]

 M anaging risk has always been the cornerstone of the corporate relocation process, although rarely has a corporate executive or his economic development counterpart framed the decision-making process in quite those terms. In the post September 11th environment, however, risk management has moved beyond its traditional spheres of technological and financial risk assessment and now […]

Service Providers on the Move…. USAA Realty Co., San Antonio, has named David L. Reahl to head its north-central region and the Chicago office. Reahl previously was vice president and asset manager at LaSalle Investment Management, Chicago, where he was responsible for overall performance of property portfolios of $400 million in assets. Insignia/ESG has hired […]

 T he heat created by the North American push into Europe for new call centers has turned desirable locations into no-go areas for some U.S. corporates. But while some locations have become victims of their own success, others are emerging as new winners in the current cooler environment for new call center operations — especially […]

 C orporate real estate managers with outsourcing contracts coming up for renewal have a unique opportunity, which is to hear how the provider of the service defines what has come to be known as “second-generation outsourcing.” If that provider cannot articulate how the next chapter in a service provider agreement will be better than the […]

  L  ook closely — there’s a new luster on Site Selection‘s Governor’s Cup this year, a gloss that began taking shape last fall, when a new set of competition criteria came into being. After all, the successful systems in place in the business world are those that are maintained and refined as necessary to ensure […]