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Life Science Conversions in Real Estate

Matthew Weinstein, Chair, Real Estate Lease Structuring, Cozen O’Connor (Q2 2023)

Among the key legal issues to be considered when converting office to life science space are credit enhancements, expansion/contraction options, use segregation, and zoning. More

37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)

Companies looking to grow are facing an historically tight labor market and rising costs, but their plans to invest may be buoyed by recent government legislation. More

19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)

Consultants responding to our survey say economic conditions are affecting their clients’ expansion/investment plans, with labor and energy availability and costs of prime concern. More

Federal Legislation Affects Companies’ Investment Plans

Jacob Everett , Founder, Corsa Strategies (Q1 2023)

Companies looking to grow are facing an historically tight labor market and rising costs, but their plans to invest may be buoyed by recent government legislation. More

Corporate Decision-Makers Face a Challenging Environment

Larry Gigerich, Executive Managing Director , Ginovus (Q1 2023)

The rankings clearly reflect the impact of geopolitical and economic instability, as well as technology. More

Labor Related Factors Are Key

Bradley Migdal, Executive Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc. and Matt Niehoff, Senior Consulting Analyst, Location & Labor Analytics, Cushman & Wakefield (Q1 2023)

Companies are searching for the right balance of labor — at all skill levels — that can satisfy their needs not only now but also into the future. More

Energy Costs Come to the Forefront

Lauren Berry, Senior Manager, Location Analysis and Incentives, Maxis Advisors (Q1 2023)

The shift away from carbon-emitting fuels and the unexpected spikes in natural gas pricing in 2022 have made industrial customers increasingly sensitive to energy costs in their location decisions. More

Companies Are Recalibrating Their Priorities

Eric Stavriotis, Vice Chairman, CBRE (Q1 2023)

In recent years many companies have been propelled to recalibrate priorities for their location strategies and resulting real estate footprints. The top site selection factors for occupiers today include the following: More

The Decentralization of U.S. Fintech Hubs

Bobby Magnano, President, Financial Services, JLL and Scott Redabaugh, Managing Director, Consulting, JLL (Q1 2023)

As the fintech sector continues to evolve, it’s primed to serve as a major economic catalyst in already established core, secondary, and emerging markets as well as new locations that offer the fundamentals for its growth. More

Bright Spots of the Office Sector

Lu Chen, Associate Director of Research and Senior Economist, Moody's Analytics CRE (Q4 2022)

The post-pandemic remote working trend has resulted in “emerging” or “other” metros performing better than the more established tech markets. More

2022 Gold & Silver Shovel Awards Project of the Year: Oracle America, Inc. Establishing Second U.S. Headquarters in Nashville, Tennessee

Steve Kaelble, Staff Editor, Area Development (Q2 2022)

The Oracle project along the Cumberland River includes spending on public infrastructure improvements. More

Putting Your Best Foot Forward: Presentation of Incentives Information to the Media

Scott J. Ziance, Partner and Economic Incentives Practice Leader, Vorys, Sater, Seymour and Pease LLP and Jonathan K. Stock, Of Counsel, Vorys (Q2 2022)

Make sure the media gets it right when reporting on your company’s incentives. More

Retrofitting Office Space to Attract Life Sciences Companies

John O'Reilly, Managing Director, Unispace Life Sciences and Aisling Crowley, Head of Client Relations & Strategy, Unispace Life Sciences (Q2 2022)

In the life sciences industry, business is booming; here’s how office buildings can satisfy the sector’s unflagging demand for space. More

Innovative and Collaborative Design Sets the Stage for Life Science Innovation

Dr. Suzet McKinney, Principal and Director of Life Sciences, Sterling Bay (Q2 2022)

Life science labs need to accommodate present and future equipment needs and, most importantly, collaboration among the scientists and others who work there. More

36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

A tight labor market, supply chain challenges, and rising costs have resulted in some surprising changes in corporate respondents’ location priorities. More

18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

Supply chain considerations, the shortage of skilled workers, and a lack of industrial space are top of mind for their clients, according to consultants responding to our annual survey. More

Locations That Promote Employee Health and Well-Being Coming to the Forefront

Peter Miscovich, Managing Director, Strategy and Innovation, JLL (Q1 2022)

As workforce location preferences have evolved over decades, one thing has remained constant: individuals want to work and live in locations that foster their physical as well as mental and emotional health. More

In Focus: The Business Case for the Building of the Future

Tyler Smith, Executive Director, Healthy Buildings, Johnson Controls (Q1 2022)

Investing in facilities now will yield financial and physical benefits in the short and long term. More

Adapting to Agility: Leveraging a “Hub and Spoke” Model

David Hickey, Managing Director, Hickey & Associates and Guy Douetil, Managing Director, Hickey and Associates, LLC (Workforce Q4 2021)

As a company’s workforce becomes more dispersed, they need to rethink not only how they support those employees but also the physical footprint of their business. More

In Focus: The Future of Sustainability in Real Estate

Kristin Mueller, COO, JLL Property Management (Q4 2021)

As they realize the impact the built world has on the environment, companies are increasingly transitioning to cleaner, greener facilities and operations. More

Tennessee Sees a Surge in Headquarters, Tech, and Finance Facilities

Steve Kaelble, Staff Editor, Area Development (Q3 2021)

With a critical mass of qualified workers, as well as a friendly business environment, the state of Tennessee is drawing new and expanding firms. More

2021 Gold & Silver Shovel Awards Project of the Year: Centene Chooses Charlotte for Regional HQ/Technology Hub

Steve Kaelble, Staff Editor, Area Development (Q2 2021)

Expected to create 3,200 jobs, the Centene project is the largest single job announcement in the history of North Carolina’s incentives program. More

Adapting to a New Workplace Ecosystem

David Smith, Head of Occupier Insights, Global Research, Cushman & Wakefield (Q2 2021)

The office is evolving and becoming more agile — it has to. More

Innovation Lives at National Landing

Virginia Economic Development Partnership (Q2 2021)

New Amazonians are onboarding. Construction milestones are being met. From timelines to pipelines, Amazon’s mammoth HQ2 undertaking is on time and full speed ahead. More

35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans

Geraldine Gambale, Editor, Area Development Magazine (Q1 2021)

As expected, the COVID-19 pandemic has affected our corporate readers’ location plans and priorities as they increased their resiliency efforts. More

17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead

Geraldine Gambale, Editor, Area Development Magazine (Q1 2021)

Those responding to the Consultants Survey express optimism about their clients’ plans for the year ahead while acknowledging their increased focus on costs and logistics going forward. More

The Future of the Workforce Is a “Better Normal”

Laura Wachowiak, Operations and Marketing Manager, Cresa (Workforce Q4 2020)

Redefining the workforce in a post-pandemic world will likely be driven by the ideals of our largest generation — millennials. More

Trends in Office and Industrial Parks

Mark Crawford, Staff Editor, Area Development (Q4 2020)

Allowing employees to continue to work remotely and possible moves to the less densely populated suburbs are among the factors that will affect corporate real estate in 2021. More

Stick the Landing: How to Help Optimize Workplace Reentry

Darin Buelow, Principal and Global Location Strategy Leader, Deloitte Consulting LLP (Q2 2020)

We’ve uncovered five key opportunities for corporate real estate leaders to make the most of innovative strategies and technologies that will alter the workplace as we knew it. More

Protecting Building Resiliency During COVID-19 Pandemic

David Bishop, Director, Service Operations, Johnson Controls (Q2 2020)

Whether your business’ facility has been completely shut down or minimally occupied, concerns about systems and security must be addressed to ensure a smooth reopening. More

COVID-19 Will Remake How We Work and Live

Susan Arledge, President, Site Selection and Analytics, ESRP Real Estate (Q2 2020)

The current pandemic will present a “new normal” that may include a continuation of allowing employees to work from home and the creation of new behaviors for those that come into the office. More

Business Policy Changes to Result from the COVID 19 Crisis

Matt Jackson, Senior Managing Director, JLL (Q2 2020)

The global pandemic is causing companies to rethink their office occupancy requirements and supply chain configurations. More

HQ: Two Letters That Economic Developers Covet

Steve Kaelble, Staff Editor, Area Development (Q1 2020)

Cost-cutting, market and labor access, and proximity to others in an industry group are among the factors driving headquarters relocation decisions. More

Greater Memphis Plans to Build Upon Its Success

Mark Crawford, Staff Editor, Area Development (Q1 2020)

Known for its logistics, Memphis is also a growing center for healthcare and technology. More

Siemens’ New Way of Working Brings IT, HR & CRE Together

Michael Kruklinski, Head of Real Estate , Siemens Energy and Siemens USA (Q4 2019)

Michael Kruklinski, Head of Real Estate, Siemens Gas & Power and Siemens USA, spoke with Area Development about how workplace strategy influences corporate real estate strategy, after his presentation, “Creating Spaces that Attract and Retain Talent: Good for Communities, Good for Corporations,” at our Charlotte Consultants Forum. More

Tennessee Keeps Attracting Headquarters Operations

Steve Kaelble, Staff Editor, Area Development (Q3 2019)

With 18 Fortune 1000 company headquarters located in Tennessee, the number of headquarters jobs is surging. More

The 3 Cs of Successful Site Selection: Company, Culture, and Community

Dan Foster, Executive Managing Director, Newmark Knight Frank  and Chris Volney, Senior Director, Labor Analytics, CBRE (Q2 2019)

Dan Foster, Executive Managing Director at Newmark Knight Frank and Chris Volney, Senior Director, CBRE Labor Analytics, spoke with Area Development about the less tangible site selection factors, such as local culture and quality of place, at our Miami Consultants Forum. More

Accessing Talent Through a Dual Headquarters Move

George H. Pretty, Partner, Parker Poe (Q1 2019)

There are many lessons to be learned from the Amazon search for a second headquarters location, but establishing dual headquarters is more the exception than the rule. More

What’s Prompting HQ Relocations?

Mark Crawford, Staff Editor, Area Development (Q4 2018)

Companies are relocating their headquarters for myriad reasons, including to lower costs, access skilled talent, improve accessibility, and burnish their corporate image. More

Due Diligence in Today’s Site Selection World

Sarah White, Director, Quest Site Solutions (Q4 2018)

You’ve made your list — now check it twice for ownership issues and site suitability, as well as workforce and financial considerations. More

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