Strategies for Early Exit from a Commercial Lease

Saul Feldman Source: www.jerej.com

Find a Real Estate Job; Post an Opening; Post a Resume
Go 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 Manager, Operating Real Estate, for T-Mobile Corporate. The job description says the "position will lead T-Mobile USA's Planning, Real Estate, and Design/Construction functions for rationalizing and integrating T-Mobile properties. Sites include office, network equipment space, data centers, and warehouse locations. This position will be responsible for strategic planning, real estate portfolio management, transactions management, design/construction, and will report to the director, operating real estate."

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

Cover of Site Selection magazine's November issue, also available as a digital edition

Site Selection Magazine Publishes Digital Edition
With its November 2008 issue, IAMC's official publication, Site Selection magazine, has added a digital edition to its hard copy and online content delivery methods. So, what's the advantage over the existing delivery technologies? First, the copy resolution is high, making reading on your computer monitor easy and comfortable. Second, you can search for words and phrases quickly and comprehensively. The digital edition simultaneously provides readability and a powerful search capability. Experience the November Site Selection digital edition first hand.

BCIR-Hosted Project Management Class Has Short- and Long-term Payoffs
In conjunction with IAMC's Asheville Professional Forum, BCIR is hosting the BOMI International class "Facilities Planning and Project Management" on May 1-3, 2009. So, what are the advantages of taking this class as opposed to taking it at another time and place? Let's consider the payoffs of completing this class in Asheville. You'll update or acquire an essential management skill, earn credit toward your BCIR certificate and take a step toward your BOMI Facilities Management Administrator (FMA) designation. Further, the class is compressed into three days, instead of the usual five, and is conveniently scheduled just before the Asheville Professional Forum. For one travel expenditure, you get access to two valuable education events, the class and the Asheville Forum.

To sign up for the class, complete this registration form. Note that you can take the class without attending the Professional Forum. Indicate your choice at the bottom of the registration form. If you have questions, please e-mail Joel Parker (joel.parker@iamc.org) or call him at 770-325-3484.

Gensler-designed Shanghai Tower Source: imageshack.us

Construction under way on Shanghai's Tallest Building

• Although at 2,073 feet (632 meters) Shanghai Tower, on which construction has just begun, won't come close to being the world's tallest, it will beat the city's next highest skyscraper by 459 feet (140 meters). The International Herald Tribune says, "Shanghai has planned to build this building in its Lujiazui financial district since the early 1990s. But bidding on the project wasn't held until 2006, after the height of the Shanghai World Financial Center - developed by Japanese property tycoon Minoru Mori - had been set. This newest, tallest building is meant to be the pancake-flat city's crowning landmark. It will tower over Mori's wedge-shaped building and the silvery, pagoda-like 1,381-foot Jinmao Tower next door. Together, the three pinnacles will dominate a skyline prickling with skyscrapers."

NAIOP: 2007 Construction Spending Contributed 8.5% of GDP

• We know commercial construction is a major economic component. The NAIOP Research Foundation estimates that commercial building outlays exceeded one-half trillion dollars in 2007. An NAIOP press release says, "Overall, total construction spending (commercial and residential) totaled $1.16 trillion - approximately 8.5 percent of the nation's Gross Domestic Product (GDP; $13.8 trillion in 2007). Of the $1.16 trillion, non-residential building construction (office, industrial, warehouse and retail) accounted for $400.6 billion, or 34 percent of all construction spending."