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Eventually the entire shopping mall will be leased and State Street will once again become a retail mecca. Michigan Avenue. While there weren’t a lot of new Michigan Avenue construction projects announced this first quarter, work is underway at AllSaints, TopShop and Rolex.
Even though they weren’t retailers, they were seeking out the lower cost leases of retail shops due to downsizing/converting to online sales of brick-and-mortar. With their building and business savvy they can help lower leasing costs and, in turn, operating costs.
Volvo CE has opened its second Volvo Certified Used Center (VCU) in North America, at Alta Equipment in New Hudson, Michigan. At these centers, off-lease Volvo equipment undergoes a 140-plus point inspection, is refurbished to OEM standards using genuine parts, all factory updates completed, and…
Heralding the rebirth of the original electric car brand, Detroit Electric has announced the establishment of its corporate headquarters on the 18 th floor of the iconic Fisher Building, located in downtown Detroit, with Don Graunstadt, CEO, North America Operations at Detroit Electric, signing a long-term lease.
A new Michigan law allows local governments to fund energy conservation projects with Tax-Exempt Lease Purchase (TELP) plans. . TELPs are not considered debt for local governments, making energy performance contracts that are paid back through annual energy and operational savings more attractive.
A new Michigan law allows local governments to fund energy conservation projects with Tax-Exempt Lease Purchase (TELP) plans. . TELPs are not considered debt for local governments, making energy performance contracts that are paid back through annual energy and operational savings more attractive.
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 MEDC was created as a public body corporate in 1999 through an Interlocal Agreement between the Michigan Strategic Fund and public agencies across Michigan.
Opportunities to build/finish-to-suit in Michigan. In Michigan, Dart Development has two established business parks, as well as shovel-ready acreage. This Michigan Certified Business Park is in an Industrial Development District, zoned for M-1 Light Industrial. Oakwood Executive Park. Across the U.S., visit DartDevelopment.com.
The Michigan-based company will invest $30.6 million to lease and equip a 32,400-square-foot facility. “Our North Vernon manufacturing operations has been a strong performing plant for MPG and its customers for many years,” said Doug Grimm, president and chief operating officer at MPG. “We
The Michigan-based companies, which established a facility for Android Industries in Indiana in 2012, will invest $14.7 Android Industries will expand its existing 59,000-square-foot operation, leasing additional space to occupy the entire 112,000-square-foot building. Photo: Android.
Cincinnati’s low costs for facility leasing, transportation and property taxes contributed significantly to its ranking as the least-costly location to do business in the United States among the 27 largest metro areas (all with populations exceeding 2 million), according to a study by KPMG LLP, the audit, tax and advisory firm.
Michigan St. which is leasing 88,000 square feet there. Complete Warehouse plans to clean up the environmental contamination at the site, redevelop the manufacturing facility and lease it to tenants. The company plans to spend $6.3 million to abate, demolish and remediate an existing structure near Milwaukee’s lakefront.
To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. Positive absorption remains in all industrial submarkets in DuPage County, showing continued strength and growth in the county in leasing, user sales and construction completions.
Due to favorable lease agreements, affordable labor and a pro-business environment, these manufacturers have seen 16 percent job growth in the last 12 months. Ak-Chin’s low utility costs, unique tax savings and below market lease rates add to its attraction. In the last year, Ak-Chin also has given the adjacent City of Maricopa a $7.4
If GSA, as the “landlord of the federal government,” were to require or use something else, it would add cost to the building and leasing process across the building industry. USGBC West Michigan Chapter. Western Michigan University. We are not in favor of adding cost. USGBC South Florida Chapter. USGBC Texas Gulf Coast Chapter.
States poised for major growth in wind energy in coming years include Iowa, Kansas, Texas, Nebraska, North Dakota and Michigan. Wind energy is now the fifth-largest electricity source in the U.S., according to the latest data from the Department of Energy’s Energy Information Administration (EIA). These three new projects amount to over $1.25
Some heavy business hitters also are placing huge wagers on Detroit’s recovery, most prominently Quicken Loans founder Dan Gilbert, a native son of Michigan, has spent more than $1 billion to acquire 3 million square feet of real estate in the heart of downtown Detroit. ThermoCalc, TIMET, Trumpf, Inc., UTRC and Wolf Robotics. Southeast U.S.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.
And while reviewing insurance policies, it is also likely prudent to review liability provisions in tenant leases. All of this begs the question if a business owner’s premises liability insurance covers such claims? on a single topic in such a short period, few have directly impacted matters of liability.
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