llrx-royce.blogspot.com
In the next room, a technicianb assembles a customized network-management device with the logo onthe box, whils his colleague puts togetherf another one that Wi-Fi service provider custom-configured for one of its "We're busting out at the seams Mike Chaddock, president and CEO of Bantam Electronics says as he surveys the company's manufacturingf floor and warehouse, which has recentlt doubled in size to 30,00p0 square feet. The company, whicgh employs about 50 at its plant on McHalee Court off ofBurnet Road, expects to continue to grow and is on the hunt for a new plac that will triple its current footprint by October Chaddock says.
Bantam, founded in the late 1960ds as , for many years had focuseds on repairing computersand electronics. It also made its own line of personall computers and servers under the XCELON brand name and ran a retaip store sellingcomputer parts. The company still manufacturews the XCELON gear and has kept the partstore going. But its growthy of late has come from its new focus providing custom-manufacturing services to technologhy companies.
The company has found its nicheprovidinvg so-called "high-mix, low-volume," manufacturing services for companieds that need a range of different productes built in small numbers, says who took over Bantam abou two years ago after heading Austin-basexd semiconductor startup and working for many years as a manager at This Bantam is on pace to ring up roughly $20 millionj in sales, up from $15 million in Chaddock says.
Bantam's ideal customed is one that makes software but not the hardwarse needed to makeit work, Chaddock It landed just such a custome r last year, when data-storage outfit of Austin shifted its focue to software development and outsourcexd its manufacturing to Increasingly, U.S.-based technology companies that outsource production are turning to contract manufacturer s in Asia and other overseas markets where labor cost s are lower, says Steven an analyst at in Austin. That trend is likely to continue. But at the same demand is expected to continue forsmalleer U.S. outfits, such as Bantam, that stanxd ready to turn out smaller runs ofproductas quickly, Froehlich says.
"There will alwayse be a place for this niche where a companhcan say, 'I need 1,000 of I need it done right and I need it in threse weeks,'" he says. "That's how long it takez a boat to sailfrom China." The higher levelo of intimacy that smaller, U.S.-based manufacturers can have with theirr customers also makes them appeal to certain types of technology companies -- particularlgy those that are based nearby, Froehlich says. That's one reasob Crossroads selected Bantam, Crossroads CEO Rob Sims says. "Thagt way, you can influence the manufacturer more effectivelu and managechanges quickly," he says.
"And if it makese sense to do the work within our then Ithink that's the right approach."
Saturday, January 29, 2011
Thursday, January 27, 2011
Economy Watch: FNF Construction gets highway stimulus contract - San Antonio Business Journal:
wife-treasuries.blogspot.com
“It is a rehabilitation project to create a safer saidDeena Billings, businesss development officer for Tempe-based FNF which is celebrating 25 yearsw in business. Some areas of U.S. 491 have deteriorated creating a significanft safety issue for those whouse it, she said. The projecf is a good fit for the company, whicb also has an office in Albuquerque, accordinvg to Billings. “Paving projects are kind of our In addition to making the roadway saferdfor travelers, the $8.9 million project givees FNF Construction’s staff more opportunity for “We will be able to keep existing employeess busy and perhaps hire new ones,” she said.
The biddin process for a stimulus contract is very similar to that on any job both for the contractot and the state department of transportation The New Mexico Departmeny of Transportation advertised the project in typicao fashion with the lowest bidder winningvthe contract, said Megan Arrendondo, spokeswoman for the New Mexico Department of Transportation. The federal government does look at the projectsin however, Arrendondo added. Construction on the 14-mile stretch, which runs on the southernm portion ofthe highway, broke grounrd May 20.
FNF Construction is hopeful that its portionb of the upgrade is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.
“It is a rehabilitation project to create a safer saidDeena Billings, businesss development officer for Tempe-based FNF which is celebrating 25 yearsw in business. Some areas of U.S. 491 have deteriorated creating a significanft safety issue for those whouse it, she said. The projecf is a good fit for the company, whicb also has an office in Albuquerque, accordinvg to Billings. “Paving projects are kind of our In addition to making the roadway saferdfor travelers, the $8.9 million project givees FNF Construction’s staff more opportunity for “We will be able to keep existing employeess busy and perhaps hire new ones,” she said.
The biddin process for a stimulus contract is very similar to that on any job both for the contractot and the state department of transportation The New Mexico Departmeny of Transportation advertised the project in typicao fashion with the lowest bidder winningvthe contract, said Megan Arrendondo, spokeswoman for the New Mexico Department of Transportation. The federal government does look at the projectsin however, Arrendondo added. Construction on the 14-mile stretch, which runs on the southernm portion ofthe highway, broke grounrd May 20.
FNF Construction is hopeful that its portionb of the upgrade is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.
Monday, January 24, 2011
Red kites defy the illegal poisoners but theyre not out of the woods yet - Scotsman
http://iancurtispsychiatrist.com/psychiatric-impact-of-childhood-sexual-abuse-life-on-the-borderline/
Red kites defy the illegal poisoners but theyre not out of the woods yet Scotsman The number of red kites in Scotland has soared to its highest level for at least two centuries, with numbers increasing across much of the ... |
Friday, January 21, 2011
TBBJ
http://www.asian-web.org/sport/fussball-sportverb-nde-in-asien-anschriften-telefon.html
Name of the firms making the Tampa Bay BusinessJournalp ’s annual list are shown below in alphabetical As part of the process, eventf sponsor Tampa accounting firm Kirkland Russ Murphy Tapp PA coordinates the data submitted by candidatde firms to create a safe haven for potentiallyg proprietary numbers. Among the criteria to make the list is a annuap revenue thresholdof $1 million or more since 2006 and consecutivs annual growth since then. The rankingt order, based on revenue growt for the pastthree years, will be revealedc at TBBJ’s annual Fast 50 luncheon at the A La Cartwe Event Pavilion in Tampa July 23. • AgileThought Inc. • Alltrust Insurancwe Inc.
• American Healthcarew Holdings Inc. • AnazaoHealth Corp. and Affiliates • Celestar Corp. • Central Maintenance & Welding Inc. Corporate Interiors Inc.
Name of the firms making the Tampa Bay BusinessJournalp ’s annual list are shown below in alphabetical As part of the process, eventf sponsor Tampa accounting firm Kirkland Russ Murphy Tapp PA coordinates the data submitted by candidatde firms to create a safe haven for potentiallyg proprietary numbers. Among the criteria to make the list is a annuap revenue thresholdof $1 million or more since 2006 and consecutivs annual growth since then. The rankingt order, based on revenue growt for the pastthree years, will be revealedc at TBBJ’s annual Fast 50 luncheon at the A La Cartwe Event Pavilion in Tampa July 23. • AgileThought Inc. • Alltrust Insurancwe Inc.
• American Healthcarew Holdings Inc. • AnazaoHealth Corp. and Affiliates • Celestar Corp. • Central Maintenance & Welding Inc. Corporate Interiors Inc.
Tuesday, January 18, 2011
Cold case Kiwi's eccentric behaviour - Stuff.co.nz
http://www.lastfm.ru/user/Tamaroka56
Voxy | Cold case Kiwi's eccentric behaviour Stuff.co.nz The New Zealander's behaviour was eccentric, disturbing even, but no one took him seriously until he fin » |
Sunday, January 16, 2011
Landmine detection: State police told to rely on instinct - Times of India
http://uaspeed.com/index.php?option=com_content&task=view&id=636&Itemid=3
Landmine detection: State police told to rely on instinct Times of India JAMSHEDPUR: Police working in the Maoist-hit areas have been asked to sharpen their personal observation instinct rather relying completely on the modern ... |
Thursday, January 13, 2011
Another BofA board member resigns - San Francisco Business Times:
http://armeniantrip.biz/cruiseanswers-providing-cheap-cruise-and-stay-deals-hurry-up.html
Robert Tillman, a former Lowe’sx Cos. (NYSE:LOW) chief executive, resigned from the BofA board effectivMay 29. The bank announced the move Thursdayh evening in a filing with the Securities and Exchange The filingsays Tillman’s resignatiobn was not related to a disagreement with the bank or its A reason for his decision was not provideed by the bank, and BofA officialsx could not be reached Thursday Tillman had been a director since 2005. Duriny his tenure, he served on the asset qualityt committee and executive Latelast week, the bank announced former lead independent directofr O. Temple Sloan had left the BofA didn’t disclose the reasob for Sloan’s resignation.
Sloan was a BofA directot for 13 years. During his he served as chairman of both the executives committee and the compensation andbenefits committee. He also was a membedr of the corporategovernance committee. BofA’s boards has been under intense scrutinu in recent months as the bank suffered through asharl stock-price decline after acquiring Merrill Lynch & Co. The N.C.-based bank (NYSE:BAC) also has receivedx $45 billion in taxpayer aid. At the bank’s annuapl meeting in late April, shareholders voted to stril Chief Executive Kenneth Lewis of his position asboard chairman. Walte Massey was installed as the new chairman and has indicatedc the board needs tobe re-evaluated.
Lewix remains the bank’s CEO and president.
Robert Tillman, a former Lowe’sx Cos. (NYSE:LOW) chief executive, resigned from the BofA board effectivMay 29. The bank announced the move Thursdayh evening in a filing with the Securities and Exchange The filingsays Tillman’s resignatiobn was not related to a disagreement with the bank or its A reason for his decision was not provideed by the bank, and BofA officialsx could not be reached Thursday Tillman had been a director since 2005. Duriny his tenure, he served on the asset qualityt committee and executive Latelast week, the bank announced former lead independent directofr O. Temple Sloan had left the BofA didn’t disclose the reasob for Sloan’s resignation.
Sloan was a BofA directot for 13 years. During his he served as chairman of both the executives committee and the compensation andbenefits committee. He also was a membedr of the corporategovernance committee. BofA’s boards has been under intense scrutinu in recent months as the bank suffered through asharl stock-price decline after acquiring Merrill Lynch & Co. The N.C.-based bank (NYSE:BAC) also has receivedx $45 billion in taxpayer aid. At the bank’s annuapl meeting in late April, shareholders voted to stril Chief Executive Kenneth Lewis of his position asboard chairman. Walte Massey was installed as the new chairman and has indicatedc the board needs tobe re-evaluated.
Lewix remains the bank’s CEO and president.
Tuesday, January 11, 2011
Lingle orders unpaid days off for workers - Nashville Business Journal:
ignatiywulyxura.blogspot.com
In an address broadcasft from theState Capitol, Lingle also said she would scal back free Medicaid benefits to low-income adultz and said the state would delay payingb some of its larger bills until July. The governodr is also asking the the Legislature, and the Offices of Hawaiian Affairs to implement equivalent furlough days or restrict their budgets. Hawaiui law does not allow ordering furloughsw for the Departmentof Education, the University of Hawaii or the Hawaii Health Systems Corporation, but Lingles said their spending will be restrictesd in an amount equivalent to the three-days-per-monthn furlough. The furloughs, whicbh start July 1, amount to about a 13.
8 percent pay cut, or about $5,50p0 for a worker making $40,000 a year. As with Lingle does not have to negotiatr the furloughs with any of the uniona representingstate workers. Lingle has said she doesn’t want to lay off workerds because of the disruptivr effect of contract rules that wouldc enable senior workers to junior workers, even if they worked in differenf state agencies. The furloughs will save $688 million. Linglde said the savings are needed to close a gapof $730 millioh between now and June 30, 2011, as forecasft by the state’s Council on Revenues May 28. All Hawaii is expected to see tax revenue fallby $2.7 billiom over the next two years.
“Ifd we do not implementf the furlough plan, we would have to lay off up to 10,0000 employees to realize an equivalent amountof savings,” Linglde said. The state has about 46,000 workers, including 21,000 employeews of the Department of Lingle blamed the fiscal shortfall on thelingeringy recession, rising unemployment, droppinbg visitor arrivals, a decline in privatd building permits, a doubling of foreclosures, and recordf bankruptcy levels. The state Legislature ended its sessio last month by raising tax rates onhotel rooms, high-incom e earners, luxury home transactions and tobaccl to help meet the budget shortfall.
But Lingle, a Republican whos e vetoes of those measures were overriddenj bymajority Democrats, said she would not ask for additionakl tax increases. She also rejected calls for legalizing gambling. Lingle noted that 70 percenty of state operating funds go to laborf costs and that the stat e had provided employee wage increase of between 16 and 29 percenf over the past fouryears “whej our economy was thriving.
”
In an address broadcasft from theState Capitol, Lingle also said she would scal back free Medicaid benefits to low-income adultz and said the state would delay payingb some of its larger bills until July. The governodr is also asking the the Legislature, and the Offices of Hawaiian Affairs to implement equivalent furlough days or restrict their budgets. Hawaiui law does not allow ordering furloughsw for the Departmentof Education, the University of Hawaii or the Hawaii Health Systems Corporation, but Lingles said their spending will be restrictesd in an amount equivalent to the three-days-per-monthn furlough. The furloughs, whicbh start July 1, amount to about a 13.
8 percent pay cut, or about $5,50p0 for a worker making $40,000 a year. As with Lingle does not have to negotiatr the furloughs with any of the uniona representingstate workers. Lingle has said she doesn’t want to lay off workerds because of the disruptivr effect of contract rules that wouldc enable senior workers to junior workers, even if they worked in differenf state agencies. The furloughs will save $688 million. Linglde said the savings are needed to close a gapof $730 millioh between now and June 30, 2011, as forecasft by the state’s Council on Revenues May 28. All Hawaii is expected to see tax revenue fallby $2.7 billiom over the next two years.
“Ifd we do not implementf the furlough plan, we would have to lay off up to 10,0000 employees to realize an equivalent amountof savings,” Linglde said. The state has about 46,000 workers, including 21,000 employeews of the Department of Lingle blamed the fiscal shortfall on thelingeringy recession, rising unemployment, droppinbg visitor arrivals, a decline in privatd building permits, a doubling of foreclosures, and recordf bankruptcy levels. The state Legislature ended its sessio last month by raising tax rates onhotel rooms, high-incom e earners, luxury home transactions and tobaccl to help meet the budget shortfall.
But Lingle, a Republican whos e vetoes of those measures were overriddenj bymajority Democrats, said she would not ask for additionakl tax increases. She also rejected calls for legalizing gambling. Lingle noted that 70 percenty of state operating funds go to laborf costs and that the stat e had provided employee wage increase of between 16 and 29 percenf over the past fouryears “whej our economy was thriving.
”
Saturday, January 8, 2011
5 Who Thrive: Leather Soul sees Rodeo Drive as the perfect fit - Portland Business Journal:
http://blog.energytomorrow.org/cgi-bin/mt-cp.cgi?__mode=view&blog_id=1&id=823
Park plans to open his second store late r this year in Beverly just off prestigiousRodeo Drive. He’s also lookingb to double his spacee at thethis year, less than two yearx after moving in. Park’s growthn has stemmed from a careful cultivationb of customers andvendorsa — he’s the only authorized retailer for severall brands — and a savvu use of technology to promote a traditional, low-tecjh product. Part of Park’s strategy to expanc his 5-year-old business has been to nurture his, and the reputation as an expertin men’x shoes and fashion.
And he’s undeterred by the even though the shoes he sells retaik upwardsof $500 per “I’m 100 percent confident I’jm going to do well,” he said of the Californiq move. He has done his research, and met with his onlinew clients to make sure that the market is Leather Soul had revenuesof $1.3 milliohn last year — 35 percenft of that from Internet sales which exceeded Park’s goal by 30 percent. This year he wantsa to best that by another30 percent. He’s financing the expansion to Beverly Hills with his own with assistance from Bank of Hawaii and help from somechildhood friends.
The brandzs at Leather Soul — the American-mader Alden; British brands Edward Green, John Lobb and Gaziano & Girling, and the French label J.M. Westonb — are not available anywhere elsein “The products I sell, they’re all the best he said. “Even in a bad people still wantgood quality.” The decision to go to the Los Angeled area came about after the sales representativew from Massachusetts-based Alden approached Park abougt an opportunity to take over the shoe departmen t of a well-known men’s store in Beverlty Hills. The company had a dealer in Northern but no presence in the souther part ofthe state.
Park met with peoplwe from the store, which he declined to and thought it seemed like a good But then, while driving around the neighborhood, he begah to notice a lot of vacant retail “If you think Hawaii is bad, it’s twicw as bad in he said. “I just thought there must be some opportunity for a good He returned to Los Angeles amontb later, met with real estatr brokers and began looking at retail spaces. The place he picked was one that hejust “stumbled” a historic building at the corner of Rodeo Drivee and Little Santa Monica The ground-floor space is also next to a shoe-repaidr shop.
Park found that landlords are much more willingb to negotiate in this economy than they were just a couple ofyears ago. A half-dozen retaik spaces on Rodeo less than a block from the one Park is are listed for lease with rent accordingto LoopNet. Park has signed a lette r of intent fora 650-square-foor space and is in negotiations for the lease, aiminhg for a December opening. “The same spot a year-and-a-half ago woulx have been twiceas expensive,” he said. He’w also talking with the Festival which manages the Royal Hawaiian about moving to aspace that’sa twice the size of his 600-square-foot stored on the third level of Building A.
Park plans to open his second store late r this year in Beverly just off prestigiousRodeo Drive. He’s also lookingb to double his spacee at thethis year, less than two yearx after moving in. Park’s growthn has stemmed from a careful cultivationb of customers andvendorsa — he’s the only authorized retailer for severall brands — and a savvu use of technology to promote a traditional, low-tecjh product. Part of Park’s strategy to expanc his 5-year-old business has been to nurture his, and the reputation as an expertin men’x shoes and fashion.
And he’s undeterred by the even though the shoes he sells retaik upwardsof $500 per “I’m 100 percent confident I’jm going to do well,” he said of the Californiq move. He has done his research, and met with his onlinew clients to make sure that the market is Leather Soul had revenuesof $1.3 milliohn last year — 35 percenft of that from Internet sales which exceeded Park’s goal by 30 percent. This year he wantsa to best that by another30 percent. He’s financing the expansion to Beverly Hills with his own with assistance from Bank of Hawaii and help from somechildhood friends.
The brandzs at Leather Soul — the American-mader Alden; British brands Edward Green, John Lobb and Gaziano & Girling, and the French label J.M. Westonb — are not available anywhere elsein “The products I sell, they’re all the best he said. “Even in a bad people still wantgood quality.” The decision to go to the Los Angeled area came about after the sales representativew from Massachusetts-based Alden approached Park abougt an opportunity to take over the shoe departmen t of a well-known men’s store in Beverlty Hills. The company had a dealer in Northern but no presence in the souther part ofthe state.
Park met with peoplwe from the store, which he declined to and thought it seemed like a good But then, while driving around the neighborhood, he begah to notice a lot of vacant retail “If you think Hawaii is bad, it’s twicw as bad in he said. “I just thought there must be some opportunity for a good He returned to Los Angeles amontb later, met with real estatr brokers and began looking at retail spaces. The place he picked was one that hejust “stumbled” a historic building at the corner of Rodeo Drivee and Little Santa Monica The ground-floor space is also next to a shoe-repaidr shop.
Park found that landlords are much more willingb to negotiate in this economy than they were just a couple ofyears ago. A half-dozen retaik spaces on Rodeo less than a block from the one Park is are listed for lease with rent accordingto LoopNet. Park has signed a lette r of intent fora 650-square-foor space and is in negotiations for the lease, aiminhg for a December opening. “The same spot a year-and-a-half ago woulx have been twiceas expensive,” he said. He’w also talking with the Festival which manages the Royal Hawaiian about moving to aspace that’sa twice the size of his 600-square-foot stored on the third level of Building A.
Thursday, January 6, 2011
30-year fixed mortgage rate dips to 4.77% average in latest week - USA Today
read more ...
Mortgage Rates & Trends (blog) | 30-year fixed mortgage rate dips to 4.77% average in latest week USA Today NEW YORK (AP) รข€" Rates on fixed mortgages dipped this week after rising steadily the past two months. Freddie Mac says the average ... Mortgage Rates F » |
Monday, January 3, 2011
Old El Mercado lands carrier hotel - Houston Business Journal:
more...
Hoping to capitalize on the new a subsidiary ofNew York-based is under contract to purchas the 200,000-square-foot-concrete building, developp an additional 50,000 square feet, and turn the once-neglected building into a "carrie hotel." Morgan Stanley's newly formed , was set up last month to acquire, develop, leaser and manage carrier hotels, also called telecon hotels. The firm plans to simultaneously roll out facilitieas in up to 75 majofcities worldwide. And Houston is one of the firstg cities the real estate equity fundis targeting, with two propertiews already under contract.
"We can provide a solution that isn't in the marketplace," says Eric Assimakopoulos, CEO of In addition to The Americaz building, the firm is eyeing a second property not farfrom downtown's east Assimakopoulos would not reveal its exact location. "Houstoj is a very important market inour strategy," he "It's a gateway in Texas, and we thinki it's significant. A lot of (telecommunications) carriers we target as tenants go through Both buildings are being developed on a speculative But Assimakopoulos is highly confident thatthe high-tecu facilities will score some major tenants.
"We believee it's an `if you builed it, they will come' business," he "It's our goal to create an environmenf where we have an ecosystem for Internetcompanies -- a backbonw for those core tenants." Assimakopoulos woulde not disclose specific figures, but he says the investmenft being pumped into the two Houston propertiez exceeds $10 million. And more than $1.25 billion is being spent on carrier hotel projects he adds. A carrier hotel is a specialized facility operatede toprovide telecommunications, Internet and data management companies with a customizefd infrastructure.
According to most landlords don't understand the real estat e needs these technologycompanies require. A set of specifivc criteria is mandatory to operate acarrier hotel, includint high ceilings, large floor high floor loads, high-grade electric capacitt and access to multiple fibetr optic carriers -- all of which The Americax building contains. Earlier this year, Moodu Rambin Interests acquired an old beer distribution facilityy at 5410 West Loop South and announced plansz tospend $7 million to redevelop it into a carrierd hotel. (See "Beer hub converts to `telecom hotel,' March 10.) The Houston-based firm also has plansw to take the concept outsideof Texas.
Dan Mood y III, vice president of investmentzs forMoody Rambin, says the Houston facilitgy should be completed this And nationally, Moody says his goal is to have three facilitiews online by the end of the year. "There's tremendous demandd in the marketplace. However, there' s also a number of facilitiesunder conversion, so there's a large amount of squars footage coming available," Moody "But not every vacant buildinfg in town is suitable for the telecom industry, and a number of people seem to think that'ds the case.
" As the word continues to get out abouf Houston's vast amount of office space and comparatively low rentao rates, Houston is primed to attract more high-tech tenants. "When we talk high-tech in we tend to think dot-com," says Bob president of real estatew firmColliers International. "High-tech is biotech, telecom, energy and more. In my Houston is the best-kepr secret. We don't have just one area where high-tech companiezs cluster.
" In fact, the increasing numbe of technology companies locating in Housto n are taking space not only in the downtown and Galleria but also inThe Woodlands, the Medical Center, Clear Lake and Fort Bend "There's really not just one area where we have a concentration of these companies," says "It's not like being on Palo Alto's Sand Hill Road in Silicon Valley." The Americas located at the intersection of Navigation and is just five blocks from Enron Field.
Hoping to capitalize on the new a subsidiary ofNew York-based is under contract to purchas the 200,000-square-foot-concrete building, developp an additional 50,000 square feet, and turn the once-neglected building into a "carrie hotel." Morgan Stanley's newly formed , was set up last month to acquire, develop, leaser and manage carrier hotels, also called telecon hotels. The firm plans to simultaneously roll out facilitieas in up to 75 majofcities worldwide. And Houston is one of the firstg cities the real estate equity fundis targeting, with two propertiews already under contract.
"We can provide a solution that isn't in the marketplace," says Eric Assimakopoulos, CEO of In addition to The Americaz building, the firm is eyeing a second property not farfrom downtown's east Assimakopoulos would not reveal its exact location. "Houstoj is a very important market inour strategy," he "It's a gateway in Texas, and we thinki it's significant. A lot of (telecommunications) carriers we target as tenants go through Both buildings are being developed on a speculative But Assimakopoulos is highly confident thatthe high-tecu facilities will score some major tenants.
"We believee it's an `if you builed it, they will come' business," he "It's our goal to create an environmenf where we have an ecosystem for Internetcompanies -- a backbonw for those core tenants." Assimakopoulos woulde not disclose specific figures, but he says the investmenft being pumped into the two Houston propertiez exceeds $10 million. And more than $1.25 billion is being spent on carrier hotel projects he adds. A carrier hotel is a specialized facility operatede toprovide telecommunications, Internet and data management companies with a customizefd infrastructure.
According to most landlords don't understand the real estat e needs these technologycompanies require. A set of specifivc criteria is mandatory to operate acarrier hotel, includint high ceilings, large floor high floor loads, high-grade electric capacitt and access to multiple fibetr optic carriers -- all of which The Americax building contains. Earlier this year, Moodu Rambin Interests acquired an old beer distribution facilityy at 5410 West Loop South and announced plansz tospend $7 million to redevelop it into a carrierd hotel. (See "Beer hub converts to `telecom hotel,' March 10.) The Houston-based firm also has plansw to take the concept outsideof Texas.
Dan Mood y III, vice president of investmentzs forMoody Rambin, says the Houston facilitgy should be completed this And nationally, Moody says his goal is to have three facilitiews online by the end of the year. "There's tremendous demandd in the marketplace. However, there' s also a number of facilitiesunder conversion, so there's a large amount of squars footage coming available," Moody "But not every vacant buildinfg in town is suitable for the telecom industry, and a number of people seem to think that'ds the case.
" As the word continues to get out abouf Houston's vast amount of office space and comparatively low rentao rates, Houston is primed to attract more high-tech tenants. "When we talk high-tech in we tend to think dot-com," says Bob president of real estatew firmColliers International. "High-tech is biotech, telecom, energy and more. In my Houston is the best-kepr secret. We don't have just one area where high-tech companiezs cluster.
" In fact, the increasing numbe of technology companies locating in Housto n are taking space not only in the downtown and Galleria but also inThe Woodlands, the Medical Center, Clear Lake and Fort Bend "There's really not just one area where we have a concentration of these companies," says "It's not like being on Palo Alto's Sand Hill Road in Silicon Valley." The Americas located at the intersection of Navigation and is just five blocks from Enron Field.
Saturday, January 1, 2011
Daughter of Jacksonville real estate icon takes over local Coldwell Banker company - Jacksonville Business Journal:
framptongeqeaqu1461.blogspot.com
But heart surgery last year hastened thenearluy 50-year real estate veteran’s decision to create a succession plan and slow down a So he sold his eight-office, 193-memberf team to friend and fellow Coldwell Banker broker Tom Harrington. daughter, Monica Hentschel, is now in charge of the newlygformed territory. “It’s a good thing we did what we did becausre it strengthenedthe company,” said Hentschel, now a regionak managing partner for Coldwell Banker Devonshire. “In a time when everybodyg elseis downsizing, we’rwe growing.
” With the acquisition of the Walte Williams offices in January, Illinois-based Devonshire Realty is the seventh-largestr Coldwell Banker affiliate in the Unite States. The company has 27 offices, 15 of whicgh are in Illinois and the remaining 12 are in and it expects to continue to grow thougnh acquisitions of other realestate companies. CEO of the , which includes the real estate companyt along with an architecturr firm and an engineering met Williams at a Coldwell Banker conferencerin 1994, the year both of them joineds the network.
Harrington’s expansion into the Floridas market came in 2007 when he acquirefd hisbrother Steve’s four-office real estate agency in Central Florida. The Walter Williams acquisition seemedx anatural fit, Harringtonm said, because the two have alwaye shared similar business philosophies. “Walter is reallyu a legend all throughout Coldwellp Banker and has been a mentor to Harrington said. The economy also played a lessedr role inthe decision, Hentschel said. “We’d be kiddinvg if we said the market wasn’t part of the she said, but “our storm wasn’t nearly as bad as places like South Jacksonville isso resilient.
” Businessw is strengthening, as sales were up 7.2 percent in May at the eightf Jacksonville-area Devonshire offices compared with May 2008. The decisiob to sell wasn’t an easy one to make for He’s been a major player in Jacksonville’s real estats industry who started selling tractzs of landin 1962. The residential division of Waltet Williams Realty was created in 1981 when he acquired the brokeragw offices ofanother long-time fixturew in the local real estate Chester Stokes. Ronnie Fussell worked for Walter Williams from 1982to 1992.
who was one of the founding members of the Jacksonvillse City Council after the city and county governments consolidated in 1968 and continuefd to serve on the council during the took Fussell under his wing and taught him about real estatde andpublic service. “A lot of what I am todayg is because ofWalter Williams,” said Fussell, whose term as City Councik president ends soon. Many inside the businesz consider Williamsan icon. “He’s a very good said 37-year veteran Russell Grooms, a broked at and the regional vice president ofthe .
“I’nm proud of what he built and what he’s maintained over the Williams also inspired his daughter to get into the Ather father’s advice, Hentschel got her real estatew license at the age of 21, but went on to law schoop and worked as a prosecutoe in the special assault unit at the stats attorney’s office in Jacksonvillwe for 13 years. In 2004 she joined the Walter Williams team, first as a real estatwe attorney for the title company and then as chief operating officetr for the entire company. At the age of 42, she’sx now taking on her father’sw role as the company’s top executive in Northeast Florida.
Williamsx will still have an activw role in the company asan adviser. Althoughu the pace is he continues to maintain his two other Estate Title LCand “He’s not spendinv weekends here and goes home at a decenr hour,” Hentschel said. “And now he has more time for the most important thingto him, his grandkids.”
But heart surgery last year hastened thenearluy 50-year real estate veteran’s decision to create a succession plan and slow down a So he sold his eight-office, 193-memberf team to friend and fellow Coldwell Banker broker Tom Harrington. daughter, Monica Hentschel, is now in charge of the newlygformed territory. “It’s a good thing we did what we did becausre it strengthenedthe company,” said Hentschel, now a regionak managing partner for Coldwell Banker Devonshire. “In a time when everybodyg elseis downsizing, we’rwe growing.
” With the acquisition of the Walte Williams offices in January, Illinois-based Devonshire Realty is the seventh-largestr Coldwell Banker affiliate in the Unite States. The company has 27 offices, 15 of whicgh are in Illinois and the remaining 12 are in and it expects to continue to grow thougnh acquisitions of other realestate companies. CEO of the , which includes the real estate companyt along with an architecturr firm and an engineering met Williams at a Coldwell Banker conferencerin 1994, the year both of them joineds the network.
Harrington’s expansion into the Floridas market came in 2007 when he acquirefd hisbrother Steve’s four-office real estate agency in Central Florida. The Walter Williams acquisition seemedx anatural fit, Harringtonm said, because the two have alwaye shared similar business philosophies. “Walter is reallyu a legend all throughout Coldwellp Banker and has been a mentor to Harrington said. The economy also played a lessedr role inthe decision, Hentschel said. “We’d be kiddinvg if we said the market wasn’t part of the she said, but “our storm wasn’t nearly as bad as places like South Jacksonville isso resilient.
” Businessw is strengthening, as sales were up 7.2 percent in May at the eightf Jacksonville-area Devonshire offices compared with May 2008. The decisiob to sell wasn’t an easy one to make for He’s been a major player in Jacksonville’s real estats industry who started selling tractzs of landin 1962. The residential division of Waltet Williams Realty was created in 1981 when he acquired the brokeragw offices ofanother long-time fixturew in the local real estate Chester Stokes. Ronnie Fussell worked for Walter Williams from 1982to 1992.
who was one of the founding members of the Jacksonvillse City Council after the city and county governments consolidated in 1968 and continuefd to serve on the council during the took Fussell under his wing and taught him about real estatde andpublic service. “A lot of what I am todayg is because ofWalter Williams,” said Fussell, whose term as City Councik president ends soon. Many inside the businesz consider Williamsan icon. “He’s a very good said 37-year veteran Russell Grooms, a broked at and the regional vice president ofthe .
“I’nm proud of what he built and what he’s maintained over the Williams also inspired his daughter to get into the Ather father’s advice, Hentschel got her real estatew license at the age of 21, but went on to law schoop and worked as a prosecutoe in the special assault unit at the stats attorney’s office in Jacksonvillwe for 13 years. In 2004 she joined the Walter Williams team, first as a real estatwe attorney for the title company and then as chief operating officetr for the entire company. At the age of 42, she’sx now taking on her father’sw role as the company’s top executive in Northeast Florida.
Williamsx will still have an activw role in the company asan adviser. Althoughu the pace is he continues to maintain his two other Estate Title LCand “He’s not spendinv weekends here and goes home at a decenr hour,” Hentschel said. “And now he has more time for the most important thingto him, his grandkids.”
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