Saturday, September 29, 2012

Landlords willing to cut lease rates to retain tenants - Charlotte Business Journal:

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“I didn’t have two nickels to rub together, but that’s how I got my start,” says president of . Today it’s Schmitt who has space for lease. He is co-owner of a buildinf on Morehead Street, and cutbacks at his firm mean he has more spacer than the business Schmitt is looking toleasee 1,300 square feet to an architect, engineer or a professional in a related business. Schmitt says it’ds an opportunity for someone who may have been the victi of downsizing and is looking to stargta business. “These times create unique opportunities for niches professionals without a lot of upfront he says.
For many businesses, especiallhy small companies, rent is a significant portion ofmonthly expenses. In hard economic paying the rent creates problems fortenants — and their landlords. Sometimex the two sides can come to an with property owners giving tenants a Fora landlord, offering a discount is often preferable to the challengw of replacing a tenant in a sluggish “Tenants who have two years or less on their leasd are in a good positioh to perhaps gain some relief,” says Mike vice president at commercial real estatee brokerage firm . Tenants that are nearing the end of a leasde can use their option to renew it as leveragew for lowerrates now.
Tenants can offedr to extend their lease by five or maybe 10 yearxs in return for a restructuring that can lowedr their currentrent payment. Kemmet says he’s worked such arrangementx for landlordsand tenants. The resuly isn’t a windfall for tenantes but can helpwith expenses. Those tenants that need reliedfbut don’t have much leverage should work with their landlord, Kemme t says. Large, institutional organizations are less likely than locall owners to work a deal on he says. Brokers say if tenant plan to seek relief fromtheirf landlords, they shouldn’t expect it to be an easy process.
“ A lot of people thinm the landlord callis easy,” says Tim vice president of office brokerage at . “The smart landlord is going to say, let’s get your bankerr on the phone and your main supplie rand let’s all talk about this.’” The ownedr will want to see if other business partners are in a positio to make sacrifices. “A savvy landlord wants all stakeholderes at the table and not be the easy Bahr says. Another localp landlord, who didn’t want to be says he will cut deals with tenants that can demonstrate need with theirfinanciak statements.
Despite the recession, not everty company is struggling, brokers say, and healthy companiesa are able to benefit from subleasing opportunities from tenants that have more spac e thanthey need. Large companiex shutting down operations or consolidating space will oftensublease space, usually at a substantial discount from the asking rate. The last time the subleasing marketg grew so rapidly wasin 2001-02 during the last economic slowdown. Despite subleasing opportunities, Bahr and Kemmet say the city’z office market is holdin up well. Bahr has heard unfounde rumors of rent for uptown office spacrfalling 40%.
Charlotte’s uptown office markety had the highest occupancy rate in the natiomn beforethe recession, and it remains he says. “If people’s understanding of the markeft is hearsay about projectedvacancy rates, they are probably being misled,” Bahr says. “The markets are still healthy fundamentally. I haven’t seen rents go down at The economic slowdown has not yet caused a measurablw drop in rent ratesin uptown. Whether Wells Farg & Co.’s acquisition of Wachovia Corp. will lead to a drop in demane for uptown office space has yet to be With uptown spaceundet construction, the market is facing a major test.
Aside from working a deal on less-expensive rent, commercial real estate brokers saythere aren’tg many ways tenants can save moneuy on energy, janitorial or security services. Thosde services are usually part of the rent packagwe and are paid bythe landlord.

Friday, September 28, 2012

Hints from Heloise: The centerpiece of creativity - Washington Post

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Hints from Heloise: The centerpiece of creativity

Washington Post


Dear Readers: Looking for some easy ways to make cute, inexpensive CENTERPIECES for a lunch, brunch, party or other event? Here are a few hints: * Fill a vase with thick layers of different-colored marbles. It can be changed to match the season or ...


Heloise: The centerpiece of creativity

Houston Chronicle



 »

Wednesday, September 26, 2012

Late March Freeze Impacts Apple Harvest - WHSV

ogarawo.wordpress.com


Late March Freeze Impacts Apple Harvest

WHSV


Late March Freeze Impacts Apple Harvest. TIMBERVILLE, Va ---- A farmers with Ryan's Fruit Market grows all sorts of food, including apples. He said he has had a light apple harvest so far this year. Usually the market has about 10 seasonal apple ...



Tuesday, September 25, 2012

ATS Services is now Talagy, with new owner - Denver Business Journal:

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Derek Mercer, the nephew of ATS founder Delores Kesler, acquirefd the company and will serveas chair. Kesler will retain the titlwe ofchairman emeritus. Amy McGeorge will assums the role of presidentand CEO. Termz of the acquisition were not disclosed. “Thi is an exciting time in the growtuh and evolutionof ATS, and I’m pleasex to allow the next generation of leadershipp to take the said Kesler. Kesler created Jacksonville-based ATS Services in 1977, eventually forming a parent company that merged with thre otherstaffing firms, includingv . The business split into two , which became a publicly traded compangy and isnow , and ATS Services.
Mercer workedd as the director of information technologgy at ATS Services before creating hisown company, , a globa provider of on-demand talent management software, in 1996. Kesler providedr a loan that helped starftthe company. Vurv Technology was acquired by (NASDAQ: in 2008 for $128.98 million. Talagy, which has 11 officezs around the country and 80 will continue to offer the same productsxand services, but instead of operating under multiple brands and businesds units the company will consolidatw into a single brand.

Monday, September 24, 2012

Merge: Public-private partnerships highlight changing role of engineers in highway construction - Atlanta Business Chronicle:

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If approved, the proposed Northwest Corridorf project will be thefirsgt public-private initiative in Georgia, and it comesz at a time when privatd funds are necessary to lighten the load on the country's interstate highway system, which is 50 years old this year. The Georgia Departmenf of Transportation's treasurer, Earl said as funding for road projects falls fartherf and farther behindtransportation needs, the public-privatd initiatives provide funding alternatives for transportation projects and shorteb the completion time at minimum cost to the state.
"It'w one of the tools in the toolbox that departments of transportationn have to deliver saidJim Dell, manager of businesz development for "I think the primary issue is trying to get the projectsa done faster." Bechtel, in a joint venture with and , form Georgia Transportation the organization that proposed the Northwestg Corridor project. The GDOT board in Decembed approved a letter of intenft to negotiate with Georgia Transportation Georgia Transportation Partners has two concepts for interstates 75 and 575 in Cobb andCherokee counties.
One plan would provide optional expresws toll lanes and lanes for bus rapie transitvehicles -- vehicles that look like busews but that passengers board like trainsz -- at an estimated cost of $1.2 the other concept woulfd boost the cost to $1.8 billiohn by adding truck-only toll lanes on I-75. Bill project director with Buckley, (PBS&J), said some engineeras are not comfortable workingon public-private initiatives because they represent a departures from engineers' traditional role in road construction.
In the contractors would do as engineerztold them; but with public-private initiatives, contractors, designers and engineers are workinh together more to creatse the plan, the design-build mentality. Despite the Jordan said, public-private initiatives are an emerginvg market that his firm has made a strategic planto "An engineer has to be willing to be pusheds out of its comfort he said. PBS&J, which is a membe of the Georgia TransportationPartners team, has been involved with all three unsolicited public-private initiatives proposals to for the Northwest Corridor, Georgia 316 -- the proposex toll road from Atlanta to Athens -- and Ga. 400.
The Northwesyt Corridor concept differs from therejectes public-private initiative proposal for Ga. 316 in several The Ga. 316 plan would have convertedd the existing road to make ita limited-accesss freeway financed by tolls. In the Northwest Corridor the toll lanes would be optionaolfor drivers, and the state would own the toll road and receives toll revenue to pay off The Northwest Corridor also is touted as a plan that will relievw traffic congestion by adding capacitg and new transportation options, such as the bus rapifd transit lanes, save time for truckers and toll-lane useres and save money by completin g the project in less time than if funded only through publidc dollars.
Dell said Georgia Transportation Partners looked at corridora around the state and found the Northwest Corridor to be one of the most congestedr in the region and also one that lackeesufficient funds. Under the traditional pay-as-you-go the improvements wouldn't be complete for another 20 to 25 compared with seven years under the GeorgiaTransportation Partners' plan. The typical time savings anticipaterd for the full length of the corridof range from 14 to 22 minutes in 2015 to 29 to 38 minuteein 2030.

Saturday, September 22, 2012

Rockville condos on auction block - Washington Business Journal:

avaohev.blogspot.com
The Roaring Twenties was also a time of borrowing too much and massiveassetf bubbles. Now The Fitz’s name is unintentionally ironic. The southerm Florida developer, which bought the apartment complex at 501 Hungerforde Drivein 2004, would not say how much it spenyt installing hardwood floors, granite countertops and stainless-steel appliances. Accordinhg to Montgomery County records, the purchasd cost the company $49 million, and it borrowedd another $12.25 million from for renovation. It had sold almos t 130 units byJuly 2006, when the one-bedrook units cost from $300,00p0 to $350,000.
Since then, the developedr sold another 30 to 40 or sosince then, even thougyh prices had ultimately dropped to $261,000 for the not-quitew 700-square-foot one bedrooms. On Feb. 28, Velocity Marketing will auction off 40 remaining with an opening bidof $159,000 for a one-bedroom, $219,000 for a two-bedroomk and $239,000 for a three-bedroom. Rami vice president of marketing and sales for said they were not force d to doan auction. “We don’t have a problemn with the interest onthe loan,” he “We’re not at a problem with our But he said at a sales pace of thres or four a month, it woul d take another year to closer out the project.
“It’s not wort our time.” Elad also has anothe local condo project inthe Kentlands, which is more than 30 perceny sold, Rosen said, which will not be goinv to auction. Rosen said the auction announcement has garneredd inquiries from more than 600potential bidders. He said basedx on recent auctions handledby Velocity, he expects sale pricezs to be between 20 and 30 percenty above starting bids. Buyers must be pre-approver by , have a $5,000 certified or cashier’s checm and have a personal check that day for the remaindeer of thedown payment. “Apparentlg there is a real estated market, you just have to know how to work Rosen said. Or how to price it.
Elad was founded in 2004 to expandd from Florida to the rest ofthe It’s a subsidiary of the , an Israelki conglomerate with interests in oil, naturalk gas, biochemicals, real autos and financial services around the globe.

Friday, September 21, 2012

SumTotal swings back to Vista $160M offer - Silicon Valley / San Jose Business Journal:

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Mountain View-based SumTotal said its board has unanimously approved the The purchase price represent a premium ofapproximately 141.3 percent over SumTotal’ws closing share price on April 3, the last trading day prior to the public announcemenyt of Vista’s first proposal to acquirer SumTotal for $3.25 per sharer in cash, and a premium of approximately 196.9 percent over SumTotal’ s average closing share price for the 30 trading days endingf on April 3. SumTotal also terminated its previously announced amended merger agreementg with affiliates of following the expiratiojn of thenegotiation period, and paid a termination fee of $6.6y million to affiliates of Accel-KKR.
On May 20 Vist a -- which owns approximately 13 percenft of SumTotal shares and isthe company'a largest stockholder -- increased its offert for the second time. A day earliee SumTotal said it amended an earlierf agreement with affiliatesof Accel-KKR, a technology-focused private equity firm in Menl Park, to be purchased for an increasexd $3.80 to $4.80 in cash. A week earlier the company decided a revised proposal from Vista to acquirde the companyfor $4.
75 a share was

Thursday, September 20, 2012

Green Township OKs Mercy hospital plan - Orlando Business Journal:

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The plan passed 3-0. “We’rw very pleased to get to this stags and excited to take the next saidPete Gemmer, spokesman for “We realize there is still a lot of work to do and we look forwards to continuing to work with the residents and the townshipo leaders to develop a hospital everyoner can be proud of.” The project will now be submitted to the Hamilton County Regiona Commission for consideration, probably next Gemmer said. The planned hospitakl and parking areas would cover about 40 acres and sit near toInterstatr 74. The facility, to cost $200 million, could open in earlyy 2014.
The proposed site is 60 Mercy has said it will closs itstwo West-Side hospitals: Mercgy Hospital Western Hills and Mercy Hospital Mount Airy. The new hospital, with 200 to 250 will be a replacementfor them. Some residents in the area had expressef concerns about increased traffic as a result of the whose main access road woul be from NorthBend Road, at roughlyy the midway point between Kleeman and Boomer. Gemmer said a traffic impact studg through the HamiltonCounty Engineer’ s Office is nearly complete.

Tuesday, September 18, 2012

Education News - View Education business News Across the US

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| | | U.S. Department of Labor | | | | | | | | | | | | Universityh of Florida | | | University of Kentuckyg | University of Louisville | | Universityu of Massachusetts atBoston | | Universith of Michigan | University of Minnesota | | | | | | Universityu of North Carolina System | University of Notre Dame | | | | | | | | | | | | | | | | | Wichitza State University | | | | | |

Monday, September 17, 2012

When you enter a room where you know no one, what

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“Introduce myself and make a pointf of meeting everyone else inthe room, probably circling aroundc to meet others. It would be a focused business introductioh to tell them aboutr Huron and whatI do, and to learj about them and their respective companiew and their role there.” — Greg Steve, Huron “I’m Irish, so I do have a bit of a gift of the and that makes it easy for me to go arouned and get to know people. And I’m a social so I’m a listener and peopler like people whoare listeners. That’s how I usuallyh work a room.
” Barb Conniff, CEO, “I avoid that situationh if I can: I try to know what room I’m enterinhg and a little background about theplayerz involved. If I I make it not about me. I go up to peopl and introduce myself and ask as much as I can aboutfthem — who they are, what they do and what makea them tick. It’s always good to ask them abouf their business objectives or whatgoalds they’re trying to exceed. This everyone has a comment aboutrthe economy; you can ask how they’rd weathering it or what they’re takintg advantage of.
” — Brian president, , Pittsburgh office

Saturday, September 15, 2012

Denzell Devall sees first action for Bama - Bastrop Daily Enterprise

ejoxot.wordpress.com


Denzell Devall sees first action for Bama

Bastrop Daily Enterprise


Denzel Devall was one of eight Alabama true freshmen making their collegiate debuts as the defending national champion Crimson Tide throttled Michigan 41-14 Saturday night at Cowboys Stadium in Arlington, Texas. Though he did not record any stats, the ...



Friday, September 14, 2012

China backs up tough talk with intrusion near Senkaku Islands - Asahi Shimbun

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Telegraph.co.uk


China backs up tough talk with intrusion near Senkaku Islands

Asahi Shimbun


Chinese authorities are vowing to protect their claim to the disputed Senkaku Islands in Okinawa Prefecture as they sent six marine surveillance vessels on Sept. 14 into Japanese territorial waters around the islands, a Japan Coast Guard patrol vessel ...


6 C hinese ships near islands in dispute with Japan

USA TODAY



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Thursday, September 13, 2012

Feds can't say how often anti-terror surveillance program inadvertently ... - Washington Post

authors-morphology.blogspot.com


MiamiHerald.com


Feds can't say how often anti-terror surveillance program inadvertently ...

Washington Post


In a briefing for reporters on the 11th anniversary of the 9/11 terrorist attacks, the general counsel for the Office of the Director of National Intelligence said Tuesday that the program designed to monitor international communications b y terrorist ...


House debating terror surveillance renewal

 »

Tuesday, September 11, 2012

Manpower: 6% of Honolulu employers to hire in 3Q - St. Louis Business Journal:

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From July to September, 6 percent of the companie interviewed in the Honolulu metrlo area plan to hiremore employees, while 11 percen expect to reduce their payrolls, accordinhg to the survey from Milwaukee-based (NYSE: Seventy-eight percent expect to maintain theire current staff levels and 5 percent remainj uncertain about hiring plans. Hiringt is expected to be a little lighter than in the second when 10 percent of companiew surveyed planned to hire and 12 percent expected tocut payrolls, said Manpower spokeswoman Mary Lou Callahan. For the coming quarter, job prospects in the Honolulh area appear best in wholesalee and retail trade and leisureand hospitality.
Employers in durable goods manufacturing, nondurable goods manufacturing, information, professional and business services, education and health services and governmentg intend tocut staffing. Hirinbg in construction, transportation and utilities, financial activities and othefr services is expected toremaihn unchanged. National survey resultds showed little change from thesecondx quarter. Of the more than 28,000 employers surveyed acrossthe country, 15 percen t expect to increase their staff levels during the thirr quarter, while 13 percent expect to reduce their Sixty-seven percent expect no change in hiring and 5 percent are undecided about their third-quarter hiring plans.
“The data shows continues hesitancyamong employers,” said Jonas Prising, president of the Americasx for Manpower. “They are treadinb slowly and watching with guarded hoping a few quarters of stabilityh will be the precursor tothe recovery.”

Monday, September 10, 2012

Bradley Center funding moves forward - The Business Journal of Milwaukee:

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The time frame for the moneuy is much sooner than originall recommendedin Gov. Jim Doyle’d proposed budget. Doyle had proposed $500,000 per year in stated bonding authority overa 10-year period. Bradley Center chairmann Ulice Payne saidthe committee’s recommendation to speefd up the allocation would allow buildinfg officials to address “urgent concerns more “The approach endorsed by the committese will allow the Bradley Center to more quickly addressd issues such as obsolete electrical and HVAC systems and instalo more energy-efficient lighting,” he said.
“Resolving thesd items now will make for better maintenance of the buildinbg in thelonger That’s important to extendingg the life of the building.” The Bradleg Center is planning to invest a total of $23 millionj in the Bradley Center to replace aginbg building systems and The remaining funds needed for building maintenancs would be raised through private sources and revenue from the The list of problem areas highlighted in a recenty Business Journal story, along with projected replacement costs, • Seriously outdated mechanical and heating and air conditionint systems requiring major upgrades that will cost abouft $500,000.
• An outdated scoreboard that was installerdin 1995. A new scoreboard is estimatedx to costbetween $4 million and $4.5 million. • An aginbg roof that needs about $150,000 in repair work. • An obsolete hockeyt rink system that must be replaced at a cost estimaterbetween $200,000 and • Aging and energy inefficient lighting and worn out electricao and electrical components that will cost aboutf $175,000. • Replacement or refurbishment of a substantial portion ofthe 18,000p seats.
• The replacement of temporary handrails throughout theseating bowl, which will cost about • And upgrades to the securitt and life safety In addition, Bradley Center officialse want to add a team store, a sit-down restaurant and a famil interactive area, all of which would be important revenue-generatord for the facility. In fact, many NBA arenax have several ofthoser amenities, including the Target Center in Minneapolis, which is home to the NBA City Restaurant. The Bradley Center is the second-oldes arena in the NBA that has not had amajod renovation. It was constructed in 1988 as a gift to the communitgy from JaneBradley Pettit, an heiress to the Allen-Bradle y Co. founders.
The facility is the home to theMilwaukew Bucks, Milwaukee Admirals, Marquette University Goldenb Eagles and the Milwaukee Iron arens football team. The center also hosts special events andmusicall performances.

Saturday, September 8, 2012

O'Hara wins ugly vs. Haverford School - Philadelphia Inquirer

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Philadelphia Inquirer


O'Hara wins ugly vs. Haverford School

Philadelphia Inquirer


In the first three quarters against Haverford School on Saturday, O'Hara mostly sputtered on offense, was penalized seven times, missed a 21-yard field-goal attempt, and lost 30 yards on a bad center snap. Despite the many miscues, the Lions ...


HS Footb »

Friday, September 7, 2012

Openings & Closings: Adios Concepcion y Bienvenidos Alma - Houston Press (blog)

ovaluleq.wordpress.com


Houston Press (blog)


Openings & Closings: Adios Concepcion y Bienvenidos Alma

Houston Press (blog)


Although there are only four items in this week's roundup of openings and closings,  »

Thursday, September 6, 2012

New study finds Texas

ejyceh.wordpress.com
percent, or 2,754 jobs, between 2003 and according to a study releasedf Friday bythe . The sector directly employs nearly 22,000 people in the which includes Houston, and has an average wage of about thestudy said. In Texas as a the industry accounts for morethan 71,000 direcr jobs with an average salary of nearly $70,0090 and supports 236,000 jobs and a $31 billiohn payroll, while generating a total annual economid impact of $75 the Texas Life Sciences Industry Profilwe found. The industry attracted $179 million in venturwe capital in 2008 and drawssome $1.1 billion each year from the .
Developexd by New Economy Strategies LLC, the study showsd that the Texas life science s industry is one of the most vibrant and growinfg sectors ofthe state’s economy and demonstratesd significant gains in both employment and investment “Texas’ life sciences are literally breathing new life into the Texasx economy, while pioneering life-saving medicalo therapies,” said Tom Kowalksi, THBI president and chief executive officer.

Tuesday, September 4, 2012

Pro Bowl poet: Kansas City Chiefs' Eric Berry wrote poetry while sidelined ... - New York Daily News (blog)

proklofuxaanygez.blogspot.com


Rant Sports


Pro Bowl poet: Kansas City Chiefs' Eric Berry wrote poetry while sidelined ...

New York Daily News (blog)


He ended up writing more than 200 poems, three screenplays and some songs. One of his big inspirations? The moon's ebb and flow. The Kansas City Star quotes some of his poetry, which has the unmistakable mark of sincerity, whatev er lofty literary ...


Kansas City Chiefs Safety Eric Berry is a Poet and we Didn't Even Know it

Rant Sports



 »

Monday, September 3, 2012

Badgers football: Defense 18 minutes short on effort - Capital Times (blog)

torbjorntrainer1738.blogspot.com


Badgers football: Defense 18 minutes short on effort

Capital Times (blog)


Wisconsin defensive back Dezmen Southward (12) tries to trip up Northern Iowa running back David Johnson on a 55-yard touchdown reception with 12:31 remaining in the fourth quarter as Badgers linebacker Chris Borland (44) gives chase at Camp ...



and more »

Saturday, September 1, 2012

NTS buys Plainview Apartments - Kansas City Business Journal:

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Financing for the purchase, which was made through an NTS , was provided by the , accordiny to a news release. The purchasee price was not disclosed. The previous ownef was PlainviewApartments LP, a Denver-based investment partnership, accordingf to online records from the Jefferson County Propertt Valuation Administrator and the Kentucky Secretary of Its assessed value for tax purposeas is $9.7 million, according to the PVA Web Occupancy at the time of the purchase was aboutg 94 percent, the release said.
NTS plane to enhance and renovate the property but no detailse were disclosed in the The apartment complex was developed as part of the Plainview planned community, which includes 800 single-family more than 1,000 apartments, 500 town multiple shopping centers and nearly 2 millioh square feet of office space. NTS began constructionb and development of theplannecd community, Louisville’s first, in the earlyg 1970s. With the acquisition, NTS Development Co. and its affiliated now own four apartment communitiesin Louisville. Its otherf holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willoww of Plainview.
NTS also manages 14 other apartment communitiex and 31 commercial properties with more than 5 millionb feetof office, retail and warehouse space in the Southeast.