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Oklahoma City Voters Say Yes
to Big-League Dream
While the nation’s eyes watched Ohio and Texas March 4 to learn the outcome of key presidential primaries, a much more important election for Oklahoma City residents took place at their local polling booths, writes IAMC Executive Director Ron Starner.
Read Ron's column.
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| Mergers, Acquisitions & More
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| A workshop participant takes notes at the Fall 2007 Professional Forum held in St. Louis. |
Most IAMC Active member companies are rationalizing real estate portfolios that include properties from acquisitions and mergers with other firms. For big companies, this can be a continuous process. To make it work, corporate real estate executives must consult with key managers, envision the consolidated portfolio, prune out unnecessary facilities, upgrade the supply chain, cut facility-related costs, maximize facility utilization, keep everyone well informed, dispose of surplus properties, while, at the same time, excelling at the rest of their jobs. It's a tall order, but it happens at companies every day, week and year.
The Phoenix Professional Forum will give you insights into this process from experts ranging from M&A gurus to hands-on corporate real estate managers. To read about the Forum's top-flight general session presenters, click here.
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Our monthly compendium of knowledge features three topical sections. First, we share with you five articles on "Getting Ready for Rough Times." There are CFO perspectives on preparing for recession and another on managing energy costs for facilities and transportation. Other articles tell how to fine tune distribution center locations and get hefty supply-chain tax breaks. The last piece in this section advises on making the right HR decisions going into a downturn.
Section two is "Real Estate & Construction Insights and Data," four articles. The first is Ray Torto's first communication as CBRE's new global chief economist. The second covers E&Y's recently released 2008 real estate outlook publication. The third forecasts cement demand out to 2030. And the fourth features an AIA instructional piece on brownfield development.
Section three contains two resources, one about the market price for publicly traded real estate companies and the second on REIT values.
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| Norfolk Southern Corp. now boasts five IAMC active members and one associate member. |
Need evidence that IAMC corporate and overall membership are chugging along? Look no further than this month's batch of new members. It includes a whopping four Active members from Norfolk Southern Corp., one from Caterpillar and a former state economic development chief now working the corporate side in the U.S. for a firm based in the United Arab Emirates.
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| Campbell Soup Company headquarters in Camden, NJ |
Look here for news about projects from active member companies such as Campbell Soup, Novartis, 3M, and U.S. Steel, as well as associate member news involving Colliers International, IDI, Grubb & Ellis and the Texas towns of Temple and Lubbock.
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IAMC.org
This month's Sponsor Spotlight features the Lubbock Economic Development Alliance. The Spotlight article says, "Economic development (ED) can be defined as an activity that seeks to improve the economic well-being and quality of life for a community by creating and/or retaining jobs that facilitate growth and influence the restructuring of the economy." To learn how the professionals at this IAMC member economic developer accomplish this,