March/April 2011 | Trade and Industry Development

March/April 2011

Trade & Industry Development Magazine

TID March/April 2011 - 2011 CiCi Awards

Success

Welcome to our Sixth Annual Corporate Investment/Community Impact (CiCi) Awards! This is the issue of Trade & Industry Development that focuses on the projects and expansions across North America that made a difference. Projects that create jobs help support families, strengthen communities, shore up the real estate market and generate tax revenues in cities and counties all across the country.

There are thousands of statements about defining and obtaining success, and a myriad of books and seminars devoted exclusively to the subject. In whatever field or arena, though, (excluding perhaps archeology) success at its most basic level means moving forward - as opposed to losing ground or standing still. Whether this forward progress comes in gigantic leaps and bounds, or whether it's the result of hard-fought, inch-at-a-time victories, this still represents success. In this issue we're going to focus on 15 larger projects that were great leaps forward and 15 projects that, while perhaps not as large, nevertheless made a tremendous difference in moving a community forward.

We also have some excellent insight and advice from industry consultants that can provide valuable guidance in making your expansion plans successful. Paul Hampton and Rajeev Thakur, of Newmark Knight Frank, describe in detail how a community's efforts can be the real difference-maker in getting a project off of the drawing board. In their article on Footprint Optimization, John Sisson and DiDi Caldwell, of Global Location Strategies, offer excellent advice upon what considerations should be taken into account, and the methodology that should be employed, in optimizing facilities. And Jeannette Goldsmith, of McCallum-Sweeney Consulting, provides a wealth of insight into choosing the right location for your Corporate Headquarters. Richard Kadzis, from CoreNet Global, sheds light on some interesting new developments in the world of corporate real estate, and Marina Badoian-Kriticos, director of sustainability for IFMA, discusses the importance of sustainable facilities. And don't miss the excellent Insights article from John Rhodes, where he expands on a new trend found in reshoring.

In this issue

Companies Balance Cost Efficiencies Against Growth: CoreNet Global Analysis

BY: Richard Kadzis

The management of large real estate portfolios used to be equated mostly with leasing strategies, but it’s come to mean a lot more since the 2009 recession rocked everyone’s view of what’s “normal.” Today, it has as much to do with flexible workplace practices like telecommuting and mobility as it does with flexible leasing actions like going long vs. short, or blending and extending. In either context, it’s all about using less space, cutting costs and increasing operating efficiency. As a continuous stream of CoreNet Global research findings over the past 36 or so months shows us, more companies than ever are buying into less traditional workplaces, to the degree that they’re now attracting the attention of mass and trade media outside of corporate real estate (CRE). more....