|
March 9, 2010 - Vol. 9, No. 08 |
|
Colorado Springs Professional Forum Updates |
- You have 15 days to save $100 by taking advantage of the Early Bird Registration Discount, which expires March 23. Register now.
- Register now for the Spring 2010 Professional Forum in Colorado Springs, entitled "Positioning for Growth: Value Demonstration in Challenging Times," which happens April 24 - 28, 2010.
- The Broadmoor is the headquarters for the Spring 2010 Forum. For room reservations, call 1-800-634-7711 and request the "IAMC room block." To register online, click here and enter "IAMC10" in the password box. March 23 is the cutoff for room block reservations.
- A class on 'Negotiation Skills' will be taught by Garry Weiss on Saturday, April 24, at the Colorado Springs Forum. Sign up by checking the appropriate box on the Forum registration form. (Go to "participant preferences," select "negotiation skills class.")
|
 |
Spring flowers blooming in a Colorado high-country meadow
Photo courtesy of www.Colorado.gov
| |
Lease Audits Worth the Time and Expense
As you try to squeeze every unnecessary dollar out of your company's operating expenses, don't overlook property leases, which may generate inaccurately calculated billings unless you audit and verify the bases for the invoice amounts. The International Tenant Representative Alliance (ITRA) says, "most commercial tenants have received 2009 expense reconciliation statements of operating expenses and taxes from their landlords. Typically, tenants have 30-60 days after receiving these statements to give notice to the landlord if they wish to perform an audit. If a company is leasing office space, industrial space, warehouse or other commercial real estate, now is the time to determine if the landlord is over-charging for expenses by performing a lease audit." The article lists four scenarios that should trigger tenants to consider an audit. For example, it says, "If a gross-lease was executed in 2009, the tenant will have only one opportunity to audit the base year (2009) expenses. If a tenant waives this right, they may be over-billed for all ensuing years due to a landlord understating the base year expenses."
|
Attention Twitter Enthusiasts
The Twitter community of Industrial Asset Management Council (IAMC) and Site Selection fans is growing. And now there's a new way to keep it going: Tweet or reTweet what you've read or your opinion, include #ssIAMCfan in the Tweet and we'll include you in return. Every week, we will search the fan list and highlight selected Tweets. To help us find you, just include #ssIAMCfan in your next Tweet about Site Selection, IAMC Notes or IAMC Dispatch, and we'll add you to our published listing of best weekly Tweets.
|
|
Participate in IAMC's Online Business Networking
Stay "linked in" year-round with fellow IAMC members through IAMC's LinkedIn online business networking group, which is open exclusively to members. Once you join, you can post discussion items for group input and share your knowledge by answering others' questions. If you're not periodically checking IAMC's discussion group, you're missing some great CREM Q&A.
IAMC Active member Roger Nesti has updated his jobs profile. Login to see his latest news.
To jump to the LinkedIn logon screen, click here. Once logged on, go to the top of the left-hand column and click on "groups." For more information on LinkedIn or the IAMC Group on LinkedIn, click here. |
|
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: Director, Real Estate Reporting and Analysis, for Mutual of Omaha (Insurance). The job description says the position "will provide technical accounting and reporting expertise of a specialized nature, particularly in the real estate and personal property owned or leased by Mutual of Omaha Insurance Company (Mutual) and its affiliates, to contribute to the financial integrity and effective support for Mutual's financial reporting and operations requirements." |
Short Subjects
Industrial ROR Leads all Commercial Property Types
- GE Capital Real Estate's "U.S. Industrial Property Review" says, "It may not be considered the sexiest or most exciting property type, but industrial real estate's stability and growth opportunities in 2010 put the sector head and shoulders above other types of commercial property." The article optimistically notes, "Wall Street analysts and industry professionals expect the industrial property sector to show marked improvement this year, driven by improvement in the manufacturing and import/export industries."
IAMC Places 12 Companies among World's Most Admired
- Based on outsiders' assessments of corporate operations and governance, Fortune's annual report on the World's most admired companies includes 12 IAMC companies, such as Johnson & Johnson, General Electric and Caterpillar.
Manufacturers Leading U.S. out of Recession
- Even with all of the hand wringing about the desperate plight of U.S. manufacturers, many are forging ahead of their service-sector counterparts in the race to emerge from this recession. A Bloomberg.com article in BusinessWeek entitled "New Normal Becomes Old Normal as Exports Propel U.S. Recovery" says, "Caterpillar, the world's largest maker of bulldozers and excavators, said Feb. 23 that its dealers reported a 1 percent increase in Asia/Pacific machinery sales for the three months through January from the year-earlier period." The piece reports, "The strength in manufacturing is leading to some hiring. Factory payrolls increased 1,000 last month after rising 20,000 in January, according to the Labor Department. Employers added workers for a second straight month, the first back-to-back gain since 2006."
|
Click here to write your questions, suggestions and comments. |
IAMC Professional Forum Sponsors
