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G en. Colin Powell once said, “Don’t be afraid to challenge the pros, even in their own backyard. Learn from the pros, observe them, seek them out as mentors and partners. But remember that even the pros may have leveled out in terms of their learning and skills. Sometimes even the pros can become complacent […]

W ASHINGTON — Can corporate real estate executives benefit from a stronger, more unified voice among economic development professionals? The answer, according to Council for Urban Economic Development (CUED) Chairman Kurt Chilcott, is “yes.”     In a letter to members of both CUED and the American Economic Development Council (AEDC) — two organizations of economic […]

T ACOMA, Wash. — Labor Ready, the global temporary staffing firm that finds jobs for blue-collar workers where they live, may be a model for employers that need to fill work-force vacancies quickly.     With 770 offices in the United States, 35 in Canada and 20 in the United Kingdom, Labor Ready is the world’s […]

I s Bernard Landry, Quebec’s new Premier, controversial? Of course he is. A separatist? Definitely. But in his radio address heard around the world about Canada’s “uselessness” in terms of Quebec’s economic development, there was an underlying message that should be music to the ears of corporate investors.         Landry (right), the […]

W hat a difference a few years can make. Ten years ago, Mexico, by most accounts, was a third-world country. But since the opening of North American trade through NAFTA (North American Free Trade Agreement), Mexico has become a fast-growing economy and a much-sought-after spot for corporate locations.         In fact, Mexico […]

W ASHINGTON — It didn’t take long for President Bush to face his first “crisis” in the Oval Office — how to deal with California’s widespread energy shortages.         One group that hopes Bush acts quickly is the Building Owners and Managers Assoc. International (BOMA), the nation’s largest lobbying organization for corporate […]

Serviced Office Provider Sets Franchising Plan R egus Business Centres (www.regus.com), a major provider of serviced office space, is introducing a franchising plan for select organizations and individuals. Franchise owners can create their own office environment, letting them use the space their business requires while devoting the remainder of their workspace to income generation.   […]

O ne theme underlying Jones Lang LaSalle’s Corporate Real Estate Leadership Forum in October 2000 was the similarity of experiences among real estate managers no matter where they are based. Crafting effective relationships with business units remains a top priority of all, for example, as do managing shareholder expectations and balancing time pressures. Another common […]

M illions of dollars of sales can be earned by timely delivery of an e-business facility–or lost if the effort gets mired in delay. Herein lies the importance finance and operations management place on accelerating the start date for billing of services. Although lowest facility delivery cost may feel increasing pressure in 2001, management’s overriding […]

I t’s no secret where the big bucks migrated in last year’s economic development race for large corporate facilities. The biggest deals, by far, involved the location of semiconductor manufacturing plants for the computer chip industry.         Just as processing speed and computing power continually increase with breakthroughs in wafer fabrication technology, […]

A new plant or facility in a struggling community can have a dramatic effect. So can the location of a fresh industry in an area previously unidentified with that specific business. These breakthrough facilities impact their communities by bringing new jobs, new industry and often new opportunities.         With the slowdown in […]

Big decisions are rarely an easy task, especially when hundreds of millions of dollars and a company’s future may depend on them. Investments like Intel’s US$2 billion expansion in New Mexico or IBM’s $2.5 billion in East Fishkill, N.Y., aren’t decided with a blindfold, a dart and a map. No, instead many hours of research […]

RIO RANCHO, N.M. — S itting on a hillside perch overlooking this town just north of Albuquerque, the 5,500-employee Intel Corp. campus casts an imposing shadow over the area economy.         That shadow is about to grow even larger, as Intel (www.intel.com) embarks on a US$2 billion, 1,000-worker expansion of its semiconductor […]

N on-European firms seeking to establish a call center in Europe faced relatively few obstacles in the late 1980s and early 1990s. They opened individual centers in whichever countries they felt the need to be in. By today’s standards, the centers were generally low-tech, and the notion of networking multiple centers had yet to catch […]

T he California blackouts and the state’s continuing electricity crisis took center stage at the IOU-EDA Winter Forum, held on Feb. 21-23 in San Diego, and these problems bring to the surface an important question for site selectors: Will utilities in a deregulated market be capable of providing the service my company needs? Many technology […]

A s globalization accelerates, obliging firms to maximize operational flexibility, the U.S.-led sale-and-lease-back craze is spreading to Europe. Firms are rushing to minimize commitment to fixed assets and re-engineer corporate real estate portfolios to generate more funds for their core business.         Says Denis Kavanagh, international director corporate finance Jones Lang LaSalle, […]

I n the new global supply chain — reduced by globalizaton and falling trade barriers — the crunch to shrink costs is driving world-class industries to position production facilities strategically closer to raw materials sources.         Low-cost development zones are emerging to accelerate the reverse migration and few industrial sectors have been […]

W hen Lee Arnold talks about the impact of the Internet on corporate real estate executives, he uses phrases like “fast-moving flexibility,” “blurring of the lines,” “bandwidth access” and “the barrier of inertia.” With Arnold, information technology chairman for global service provider Colliers International (www.colliers.com), the concepts of speed and transition aren’t just fodder for […]

T he corporate real estate industry’s service provider community is in the midst of a heightened state of “convergence” if the past few months are any indication. Late 2000 saw numerous alliances and acquisitions that support a theory put forward in the Site Selection January 2001 cover story, “E-Business Levels the Real Estate Playing Field”. […]

Introduction: Information at your fingertips         Welcome to the 4th Quarter 2000 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 […]

J ones Lang LaSalle’s (JLL) Global Consulting division recently gave clients and prospects another opportunity to step out of the corporate real estate management fray and put the rapid change they are enduring in context. Dozens of real estate managers joined a team of JLL executives at the firm’s latest Real Estate Leadership Roundtable, in […]

U nderstanding how cities view and evaluate projects is critical to developing more cooperative and insightful relationships between your company and the communities in which you do — and would like to do — business. This article presents an overview of how public officials view and evaluate the community impacts associated with economic development projects. […]

T he big news surrounding the Site Selection Governor’s Cup facilities race for 2000 is the fact that the big winners — Michigan and Detroit — are getting quite comfortable taking their respective rides down victory lane.         For the fourth year in a row, the state of Michigan claimed the top […]

T he year-to-year domination on the football field by legendary giants such as the Dallas Cowboys has nothing on the City of Detroit. Once again Motown claims the title as Site Selection‘s No. 1 U.S. metro for new and expanded facilities and for new manufacturing projects. This title, the fourth straight Site Selection Top Metro […]