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The Organization:
IAMC is headquartered in Atlanta at:
6625 The Corners Parkway,
Suite 200,
Norcross, GA 30092
Tel: 770-325-3461
Fax: 770-263-8825
Toll Free: 1-888-299-9848
www.iamc.org

IAMC is managed by Conway Data, Inc. McKinley Conway, Founder. Conway Data, Inc., also publishes Site Selection magazine (www.siteselection.com), the official publication of IAMC.
July 10, 2007 - Vol. 5, No. 27
Professional Forum Updates

  • 60 days remain to cash in on the Early Bird Registration Discount for the St. Louis Professional Forum. The discount expires September 7. See how much you can save.
  • IAMC's Fall 2007 Professional Forum in St. Louis, Mo., entitled "The Right Balance of Labor, Location and Logistics" happens October 6 - 10, 2007.  Register online.
  • The St. Louis Professional Forum's headquarters hotel is the Hyatt Regency St. Louis at Union Station.  To reserve a room, call 800-233-1234 and ask for the "IAMC room block." Or, book your room online.
  • Register soon. IAMC's room block at the Hyatt Regency is already half filled.
 St. Louis' Mississippi-spanning Eads Bridge was built in 1874.
St. Louis' Mississippi-spanning
Eads Bridge was built in 1874.
Leasing Warehouse Space - Resources for Those Who Do this Infrequently
chart
U.S. Warehouse Energy Consumption by Fuel Type
Here are three resources for corporate real estate professionals who do not lease warehouse space often enough to stay proficient at it. The first resource, "How to Lease Warehouse Space," is a primer providing an overview of the process, such as one might want before calling a real estate broker for assistance. The 10 steps listed begin with "identify your needs" and conclude with "insure your equipment." At the end, it warns, "Even spaces advertised as warehouses may not be legally usable for certain warehouse functions. Before signing a lease, check with the city regarding how the space is zoned and determine if there are restrictions even within warehouse zones." The second resource, "How Much is Your Warehouse Rent - Really?," walks you through the four components of industrial occupancy cost and provides definitions of two common methods of quoting rent: industrial gross and triple net. The third resource has the dramatic title "Leasing's 7 Deadly Sins." The article's premise is that landlords and leasing agents negotiate leases week-in and week-out and have big advantages in practice and experience that some corporate real estate managers lack. It addresses such issues as sorting out rentable versus leaseable square footage and the debatable value to the tenant of free rent.
Find an Industrial Property - Featured Listing Is in Little Rock, Arkansas
spc logo The Surplus Property Clearinghouse is IAMC's industrial-property listing service. Active members may list properties at no charge, and the site is open to the public for searching. See details of the featured property for sale, a 164,000 sq. ft. warehouse with 10,000 sq. ft. office, by (1) going to IAMC's Web site (www.iamc.org), (2) clicking on the Surplus Property Clearinghouse logo in the lower left-hand corner, (3) clicking the "links" button, (4) clicking the Weyerhaeuser button (5) clicking on Arkansas, and (6) clicking on "Little Rock." For a Google map of the property's environs, click here.

Find a Real Estate Job; Post an Opening; Post a Resume
Career BuilderGo to the IAMC Career Center to read about dozens of corporate real estate, economic development and real estate service provider jobs.  Here's an example: Senior Project Manager for Delta Air Lines. The responsibilities include "budgeting, managing and coordinating properties and facilities projects including site selection, lease negotiation, schematic design and space planning, construction management, relocation logistics and facility maintenance."

Post a job on Career Builder.com through IAMC Notes and we will feature that job in one weekly edition of Notes. Looking for a better job? Post a resume here.

Short Subjects

Second Quarter 2007 Report: U.S. Office Absorption Remains Strong

  • According to Ward Caswell, CB Richard Ellis' U.S. director of research, "Demand for office space remained strong across the country, as evidenced by the second quarter's 17 million sq. ft. of positive absorption. Net absorption continued to outpace the rate of new completions." The report finds that "Charlotte had the nation's lowest downtown office vacancy rate, followed by Manhattan and Boston."

NAM's Engler, Employee Free Choice Act is "Anti-democratic"

    john engler
    NAM President
    John Engler
  • National Association of Manufacturers President John Engler disagrees with sponsors of the recently derailed Employee Free Choice Act that U.S. labor needs the law to "achieve middle-class status." In a commentary on Forbes.com, he writes, "Living standards for manufacturing workers are high - manufacturing employees' real hourly compensation increased by 27 percent from 1996 to 2006, the largest increase in more than 40 years. These wages are 13 percent more than the average wage in the 1970s and almost 60 percent higher than the average wage in the 1950s (even adjusted for inflation)."
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