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Jones Lang LaSalle’s (JLL) research experts have polished off the firm’s crystal ball and it reveals a clear path to stronger performance expectations for commercial real estate in 2014. JLL is less exuberant on the global leasing market forefront. Demographic dynamics : Demographics will play a stronger role in the U.S.
The Energy Efficiency Improvement Act of 2015 , S. 535, a portion of this bill was formerly known as the Better Buildings Act of 2015, passed the House of Representatives last week and on April 23rd was presented to the President for signature.
I do not anticipate new restaurateurs signing long-term leases for a two-week event. Retail and restaurant construction would most likely start in 2015. What are your thoughts about how the Olympics will affect commercial construction in Chicago? Ditto for restaurants. I say back the bid!
In fact we know from the proprietary data of a commercial real estate information company that LEED Certified buildings are being conveyed at a faster pace than the broader commercial real estate market. Finally, a contract of sale should list as a document to be delivered at closing (.
Commercial Real Estate Volumes originally appeared on Business Facilities - Economic Development, Site Selection & Workforce Solutions. Cross-border transactions increased more than 150 percent year-over-year in 2015 to a record $71.7 The office sector saw triple-digit year-over-year investment increases in 2015, up 126 percent.
The latest Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for June was $10.0 billion, up 3 percent year-over-year from new business volume in June 2015.
A 2015 study in the United States revealed that as many as around 70% of government’s heavy construction equipment remains unused. Similarly, some simply connect contractors looking to lease their unused equipment with others who want to cover their short-term needs.
Maryland residents may be eligible for a one time excise tax credit, up to $3,000.00, when they purchase or lease a qualifying plug-in electric vehicle through June 30, 2017. The rebate is 50% of the purchase and installation price capped for residential at $900, commercial at $5,000, and for retail service stations at $7,500.
Magnolia LNG would produce 4 million metric tons of liquefied natural gas per year, and construction would begin in 2015, pending the company’s attainment of permits and final financing. venture by 2015.”. The company plans to begin hiring in early 2015, with commercial operations to begin in 2018.
TINTON FALLS, NJ — Accredited commercial real estate courses from the CCIM Institute will be featured at Group C Media ‘s new REAL STREET Expo , which will take place February 11-12, 2015 at the LVH/Westgate Las Vegas Resort. The one-hour courses will be offered as a package included in the REAL STREET Expo registration fee.
plans to create 1,500 new direct jobs by late 2015 paying an average annual salary of $47,700, plus benefits, as well as make a capital investment in excess of $100 million. Bobby Jindal has announced that Elio Motors plans to assemble new vehicles at the former General Motors Shreveport, LA, plant. Elio Motors Inc.
In addition to the capital improvements at the 35-acre industrial property, Module X Solutions will seek a long-term lease of the site that is subject to final approval by the Shreveport City Council. The company will complete renovation work by the end of 2015.
A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).
A central element of the public-private partnership involved in securing the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).
After leasing the U.S. In 2015, Apple decided to put its $2 billion, 1.3-million-square-foot Vistancia Commercial Core: 320-acres in the affluent, growing community of Vistancia. Zoned mixed-use/commercial. Zoned mixed-use/commercial. Build-to-suit corporate campus or advanced manufacturing options available.
As reported in the firm’s earlier studies, commercial real estate surrounding major U.S. With a slated completion date of the first quarter of 2015, Colon will become one of the top 12 transshipment terminals in the world and the second largest on the Atlantic side of the Panama Canal. A temporary reprieve.
NRF Chief Economist Jack Kleinhenz said that despite 2015’s volatility, “the economy continued to reduce unemployment, raise wages and actually increase real GDP by 2.4 Cape Coral is positioned for strong commercial growth in 2016 and beyond. Forbes magazine reported in 2015 that the Cape Coral metropolitan area is No.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3
The Greenhouse accelerates technology commercialization with seed and early-stage companies; connects investors with its Investment Portfolio companies; expands established life sciences ventures and relocates biomedical companies to Pennsylvania. Twenty-eight Fortune 500 companies operate within the Little Rock Metropolitan Statistical Area.
IBM’s Tech Center in Baton Rouge will open in 2015. million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). Photo: georgia.org.). The center will more than 500 direct jobs.
The Granite Ridge Development District: The creation of the Granite Ridge Development District, a 913-acre commercial and entertainment zone, involved policy changes as well as active investment attraction. The city rezoned the acreage for maximum density and favorable construction conditions beneficial to commercial developers.
When the Panama Canal expansion is complete in 2015, supersized post-Panamax ships from Asia will be able to traverse the canal and, for the first time, have direct all-water shipping access to ports on the Gulf of Mexico and the East Coast. By Jenny Vickers. From the July/August 2013 issue. markets via train or truck.
car sales in 2015 notched a blistering record pace, exceeding the previous high achieved 15 years ago as the low price of gasoline, a recovering economy and low interest rates turbocharged new car sales. In 2015, automotive manufacturers and suppliers made 80 announcements, promising to bring more than $2.8 In all, automakers sold 17.5
Beyond Venyu’s direct employment, the four-floor data center building will include two floors of commercial space available for lease, providing the potential for another 50 jobs associated with tenants. “We building in early 2015 to pave the way for the Venyu project and the economic impact it would bring downtown Shreveport.
Generally these sites are leased. The public will build to suit and issue bonds for buildings and lease them back to the business. The owners generally are open to the sale or lease of their property and some will consider build to suit options. The public sites include: The two (2) ports and the municipal airport.
Jet launched in July 2015, bringing a significant number of jobs to Hoboken. million square feet of Class A commercial space adjacent to the W Hoboken Hotel and just steps from Hoboken Terminal’s NJ TRANSIT, PATH, NY Waterway Ferry and Light Rail connections. Company sales in 2015 were estimated at approximately $50 million.
From the September/October 2015 Issue. For Bell Helicopter’s project in Lafayette, state leaders funded a new aircraft assembly center that will be owned by Lafayette Regional Airport, leased to Bell, and located near other major flight services companies. By the BF Staff.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. ALABAMA ECONOMIC DEVELOPMENT LOAN PROGRAM: The state has more than 2,300 commercial lending sources with assets of over $61.3
A central element of the public-private partnership involved in securing the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF). space program.
Leases range from 5,000 square feet to complete buildings. “Now Stafford will have access to the critical dark fiber needed for our growing commercial business, and to support our new Tech Park initiative. Two additional hotels are in the pipeline and will be opened by 2015. million square feet between 2007 and 2020.
Since program inception through year-end 2015, over $31 million in Innovate NY Funds have been invested in over 70 startup and seed stage companies across the State. The FTZ sits at the intersection of a crucial transportation hub that features railways, highways, and our commercial airport and is no stranger to new development.
SOM recently worked with UI Labs, a Chicago-based research and commercialization collaborative, on the programming and concept design for an exciting new facility: the Digital Manufacturing and Design Innovation Institute (DMDII). The lab opened in May 2015. WHEELING: DYNAMIC COMMERCIAL, INDUSTRIAL BASE KEEPS GROWING.
The Ben Franklin Technology Center of Central and Northern Pennsylvania was awarded a $750,000 Discovered in PA—Developed in PA (D2PA) grant to support the Shale Gas Innovation and Commercialization project. The initiative will focus on the commercialization of emerging technologies that increase the value of natural gas utilization.
The Governor’s University Research Initiative (GURI): The Governor’s University Research Initiative (GURI) was enacted in 2015 by the 84th Legislature with a goal to bring the best and brightest distinguished researchers in the world to Texas. The incentive is available in the form of a cash production grant from 5% to 22.5%
Federal Sector Job Order Contracting – 2015 [1]. Commercial and/or customer cost data. CA = Commercial Activity. The acquiring by contract with appropriated funds for supplies or services (including construction) through purchase or lease. 4Clicks.com. It is intended as a basic overview of relevant terms and processes.
The smaller commercial aerospace subsector helped offset these losses with a 17 percent increase in jobs in the same period. A few of these satisfied customers are: Piedmont Airlines (since l992); United Airlines (since 1994); Southwest Airlines (since 1996); Boeing Commercial Aircraft (since 1997); FedEx (since 1998); and A S A (since 2000).
And what appears to be the early signs of recovery for commercial building may well end up being deferred by rising investor concern about employment growth and the near term prospects for the U.S. million barrels per day by 2015” is “the biggest construction project in the U.S.—a
In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. The overall winner will be announced in October 2015. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70.
If you prefer other modes of distribution make note of the two major commercial airports in Central and Northwest Arkansas as well as the commercial passenger service available at six regional airports throughout the state. Ak-Chin’s low utility costs, unique tax savings and below market lease rates add to its attraction.
Our competencies include expertise in construction materials , development of modern living spaces , and leasing state-of-the-art commercial real estate. Bigbloc Construction Limited was incorporated on 17th June 2015 under the Companies Act, 2013 in the state of Gujarat. Year of Establishment: 2015. Nxtbloc AAC Block.
For FY16 (July 1, 2015 through June 30, 2016) EDD has received an appropriation of $50 million in LEDA CO. Receipts from the sale of or from maintaining, refurbishing, remodeling, or otherwise modifying a commercial or military carrier over 10,000 pounds gross landing weight. LEDA funds are provided on a reimbursable basis only.
Qualified jobs must be occupied for at least 48 weeks by the employee and: Pay at least $28,000/year in a community with a population of less than 40,000 for jobs created prior to June 30, 2015 or $40,000/year for jobs created after July 1, 2015. Five-Year Policy Changes: Year. Apportionment. Double-Weighted Sales. Single Sales Factor.
percent between 2015-2019, which is lower than the average increases before the Great Recession. At the beginning of 2015, 566 companies employed more than 27,000 workers, with an average employment growth of more than five percent per year. Pfizer will be responsible for R&D and potential commercialization of candidate molecules.
Baxter International, an American healthcare company, is investing over $1 billion in a new biologics manufacturing facility in Stanton Springs, a 1,620-acre GRAD certified multi-use commercial real estate development located east of Atlanta near Covington. A clear path to acquiring or leasing the property must be identified and documented.
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