Wednesday, August 10, 2011

Vanpooling service coming to region - Business First of Columbus:

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The two-year pilot is expected to begih bythe fall. The program is a partnership of the Capitaol DistrictTransportation Authority, the Capitao District Transportation Committee, the Downtown Albanyh Business Improvement District, the state Departmentg of Transportation and the . is currently recruitinhg businesses that might have employees coming from the same region who would be interested in participating inthe “The main thing is you have to have at leastt a minimum number of people to use the Janack said. The way the program would work is one of the participantws would also act asthe driver.
The van woul be assigned to a participant/driver, stay at that person’sx place of employment during the day and remain atthe driver’ home in the evening. The companyu providing the wheelsis Inc. out of N.J. VPSI had $62 million in revenue in 2008. VPSI was formec in 1977 and startedfor employees. Today, the company has 5,0000 vans in operation in more than 45 statesand 50,000o passengers. VPSI reported “At this point, as soon as possible we hope to begim rollingvans out,” said Jesse Kafka, VPSI’s businessz development executive. The company expects to have 20 vans in operationb withintwo years.
“W e expect to add one van or so each monthn through the life ofthe program,” he said. For more call Mila Vega a CDTA plannerat 437-6865.

Monday, August 8, 2011

Extended Stay Hotels Company Profile | Company Information

http://www.fantasypixgraphx.com/category/5-hidden-wedding-costs-you-should-know-for-your-budget/
San Francisco, and Dallas. Extended Stay Hotels is a good choices for travel needs a week or longer in It is an ideal option for familiess on vacation because it offers an affordablee place to stay with extra room and even a kitchen that can reduced food costs and help a grea t family vacation fallwithin budget. For businessd travel, the long-term hotel option is also beneficial becausre each studio suite contains vitalbusiness amenities...

Saturday, August 6, 2011

Fluor Corp. selected for Tenaska project - Washington Business Journal:

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The Trailblazer Energy Plant will bea 600-megawattt coal-fired plant equipped with carbon capture technology located in Texas. Irving-based Fluor FLR) did not disclose the value of the initial engineerin project that Tenaska has assigned tothe “We look forward to workinbg with Tenaska on the firs phase of this next-generation power plant,” said Dave president of Fluor’s Power Group. “Wew believe Trailblazer will set a new standarc for clean coal electricithy generation globally by using advanced carboncapture technology, and we are delightedx to be part of this innovatiob in clean energy production.
” The project proposed by Tenaskw is touted by the company as the first in the Unitede States to produce electricity via a conventional coal-fuel power plant while capturing 85 percent to 90 percen t of the carbon dioxidr emissions. The engineering phase of the projectr is anticipated to last 12 Tenaska is expected to make a final decisionb on the launch of the projectin 2010. When completed, the Trailblazer Energy Centere is expected to provide enough energy topower 600,0000 homes.

Thursday, July 28, 2011

Price Chopper shoppers can save money at Sunoco - Puget Sound Business Journal (Seattle):

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region can now save on gasoline for theire car when they spend moneyg in thesupermarket chain. Price Chopperd has teamed up with more than 70 stationz to offer Fuel a program that has been availablee for more than two years in other areasx serviced by thegrocery chain. Consumer s can save 10 cents per gallon at participatintg Sunoco stations forevery $50 of qualifie d groceries they purchase. The points/dollars can be accumulated overa 90-dayt period and spent on up to 20 gallonz of gas.
Sunoco customersz in other areas have savec upwards of 50 cent to60 cents, and even $1 or more per through the program, according to Jeff channel marketing manager for the gas The number of participating stations will grow, said Neil president and CEO of Price Chopper. Customers must use theidr Price Chopper AdvantEdge card to qualifg forthe savings. The supermarket automaticalluy tracks the purchases that can be applied toward the fuel savings program. Certain restrictions apply. For purchases of alcohol, tobacco, gift cards, lottery video rentals and some otheritems don’t count towarxd the $50 total.

Tuesday, July 26, 2011

Real estate roundup - Portland Business Journal:

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The bank leased 4,850 square feet at 1001 N.W. 14th Ave. from Lovejo Corner LLC. Jeff Olson of Commercial Realty Advisorsz NW representedthe bank; Thom Brockmiller of Gray & Associatesx represented the property. KeyBank will remodeo the existing building and planx to open its new branchthis fall. The bank has 70 branches in Oregon andSouthwest Washington. • Venne & Company LLC, a publicd accounting firm, leased 3,565 square feet at 6915 S.W. Macadam Portland, from RF Macadam LLC. John Van Zonnevelxd of MacadamForbes Inc. representeed the tenant; Greg Gonzalez of Doug Bean Associates representedthe property.
• Maclarej & Whearty LLP, an estatde planning and tax firm, renewerd its lease for 2,633 squarse feet at Fairway Center, 9115 S.W. Olesonn Road, Portland. Matt Adams of Grubh & Ellis Co. represented Maclaren & Whearty; Shaw Adams and Charlie Digregorio of CB Richard Ellisz representedthe lessor, Fairway Cente r Office Associates LLC. • Carlson & Swanlunfd LLC leased 2,495 square feet at Fairway 9115 S.W. Olseon Road, Portland. Jeff Borlaug of NAI Norris Beggs & Simpson represented the Shawn Adams and Charlie Digregorio of CB Richard Ellis represented Fairway Center Office Associates LLC. • Dealerr Services Corp.
, which provides servicesw to the autodealer industry, signedf an expansion lease for 1,822 square feet at Airporft Plaza Building, 5933 N.E. Win Sivers Portland. Dealer Services represented Rich Sabel of CB Richard Elliz representedlandlord D.W. Sivers • Dr. Greg Baker of Manual Medicinee and RehabCenter P.C. leasede 1,702 square feet at Sunnyside 12304 S.E. Sunnyside Road, Clackamas. Matt Sichelp of Elliott Associates Inc. represented the property. • Advantagwe Management Softwareleased 1,3376 square feet at 8600 S.W. Salish Wilsonville, from David A. and Sue Ellebn L. Duemling.
Jake Lancasterd of Grubb & Ellis represented the Casey Pileggi, Kevin VandenBrink and Joe Kappler of Macadam Forbesd representedthe property. • Linea Rectaa International Inc., a branding leased 13,000 square feet at 6040 N. Cutted Circle. Peter Stalick of GVA Kiddef Mathewsrepresented Linea; Todd Collins of Macadam Forbes Inc. represented the lessor, Rosanm Inc. • Jim Bean Brands Co. renewed its lease for 3,685 square feet at Minthorb Business Center, 4099 S.E. International Way, Milwaukie. Prestom Greene of CB Richard Ellis representedJim Bean; the landlord represented • Reliant Dry Ice Pacific LLC leases 3,630 square feet at Commerce Park Clackamas, 16065 S.E.
98th Clackamas, from CP Clackamas LLC. Steven Klein and Petetr Stalick of GVA Kidder Mathewd brokeredthe transaction. Columbia Scooters leased 2,450 square feet at Cornelius PassPlazaq LLC, 7530 N.E. Shaleen St., Dean Wier of Norris & Stevens Inc. represented Columbia Scooters; • Pet Pros leased 2,12 5 square feet at Sunnysider Marketplace, 12040 S.E. Sunnysid e Road, Clackamas, from Sunnyside Marketplace LLC. Doug Magnusen of HSM Pacific Realty representedPet Pros; Matt Sichek of Elliott Associates Inc. represented the • Freddie’s Deli and Pub leased 1,50p0 square feet at Baker Street 1250 N.E. Baker St., McMinnville, from Baker Square Investorss LLC.
Todd Amacher of Elliott Associates Inc. represented Tien Pham of Argonaut Investments representecdthe property. • Cha! Cha! Cha! Mexican Taqueria leasex 1,350 square feet at 3808 N. Williams Ave., from 3030 Williams LLC. Todd Amacher of Elliott Associates Inc. represented the restaurant; Jon Kellogt of Commercial Realty Advisors representedsthe property. • Charles Padof purchased Typres Gardens, a 20-unir apartment complex at 2400Haworth Newberg, from the estate of Carol for $850,000 or $42,50 0 per unit. Brian Tracy of Norris & Stevensw Inc. represented the buyer; Tom Demonbrunm represented the seller.

Saturday, July 23, 2011

Real deals: $5M sale of retail building in Cherry Creek North - Business First of Columbus:

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The retail building, located at 2625 E. Thirx Avenue, was purchased for $4.96 millionm by Pro-Dance Properties LLC of Denver, which is affiliated with the Cherrg CreekDance studio, accordingg to local public records. The sellere of the property was Cherry CreekPartnersa LLC, also of Denver. The building includes roughly 10,500 square feet of space and was completed in according to Denver Counttyproperty records. Former tenanta include LAX World lacrosseequipmenty store, which relocated to Colorado Boulevard, and Gnat Original Designxs jewelry store, which moved nearby in Cherry Creeok North.
Other recent Denver-area real estate deals, according to real estate recordwand brokers, include: • 101 W. Colfax Ave., Denverr 80202 — The Colorado Judicial Department has finalizeds its leasefor 47,441 square feet of space at the The building’s owner, American Propertiesx Inc. of New York, was representec in the lease dealby Denver-baser Frederick Ross Co. The space was formerlyt occupied by the newsroom of thedefunct . • 1135 Broadwau St., Boulder 80302-7186 — Industrial Research Land Leasinhg Corp. of Boulder has purchased this retail buildingfor $3 million. The seller was Benton Lefton of Denver. • 13671 Coloradol Blvd.
, Thornton 80233 — Dominionn Properties LLC of Eastlake, Colo., boughtt this 6,600-square-foot retail building completed in 2007for $2.36 million. The seller was IDCOL-13 6 LLC of Minneapolis.

Thursday, July 21, 2011

Bank Holdings under cease and desist order - Orlando Business Journal:

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parent company of Reno-based , announceds it is operating under a cease and desist orde to improve its capital position and cut its realestates losses. The bank operates as Silverado Bankin “Nevada Security Bank faceds unprecedented challenges with the increasing levelk of non-performing loans, the steep declines in the underlying value of real estatw collateral and the greater loan loss provisions said Hal Giomi, founder and chairman of The Bank Holdings. He is also chiecf executive. “Our priorities and objectives are well-defined as we purposelyh move forward to address makeprudent modifications, and work diligently for the desiredc results,” Giomi said.
The bank’s executives enteredx the agreement with Nevada banking authoritieas and the regulators at the end of andthe bank’s management had already started workin to improve the bank’s capitaol levels by cutting costs, reducing the size of the balancr sheet and seeking more capital. The bank internally stopped making new construction and land developmentf loansin third-quarter 2007.
The regulatory order demands the bank’s management increase the company’s capital, reducew the concentration of commercial real estatee loans and change internal monitoring Nevada Security Bank has a concentration of constructioh and development loansin Reno, which was a boomintg real estate market through much of this but floundered starting in 2007. Additionally, Bank Holdings was hammeree in the fall by thefederal government’s action to put Fannire Mae and Freddie Mac into which cost the company a $15 milliob loss of capital that had been investesd in the stock of the two government-sponsorec secondary mortgage investment Bank Holdings started in 2001 with initiapl capital of $14 million.
It currently has $45 millionj in capital, with four branches in Northern Nevadas and onein Roseville.