industrial: TRANSWESTERN LANDS LARGEST-EVER MANAGEMENT DEAL - 12/15/09 02:59 PM
Congratulations to Transwestern on contracting for this tremendous management agreement.
- Erik
TRANSWESTERN LANDS LARGEST-EVER MANAGEMENT DEAL
DALLAS (Dallas Morning News) - Transwestern's Dallas office has acquired one of the largest property management deals on record.
Institutional investor RREEF has given operations of almost nine million sf of industrial and office space in North Texas and Oklahoma to Transwestern.
The management portfolio includes high-profile projects like the 5950 Sherry Ln. office tower in North Dallas and the 4040 North Central tower near Cityplace.
New York-based RREEF previously managed the buildings.
… (0 comments)
|
industrial: Industrial Recovery Not Expected Till Late 2010 - 12/15/09 02:17 PM
The good news is that the 2Q saw the bottom of absorption and the country is seeing some growth in the existing industrial lease properties.
- Erik Johnson
Industrial Recovery Not Expected Till Late 2010
New reports from three leading real estate firms agree it will be several more quarters before US markets see a significant increase in demand for industrial property. At the same time, they also generally agree that the worst of the availability increases is over.
Both the 2010 National Economic and Property Market Forecast from Jones Lang LaSalle and Third Quarter Global Market Review from CB Richard Ellis … (0 comments)
|
industrial: Abilene Industrial Foundation - Commercial Property Snapshot - 12/15/09 12:42 PM
Thanks to the AIF for helping the local Commercial owners and brokers in marketing our vacancies. You are truly under appreciated for the work you do.
- Erik
Abilene Industrial Foundation
Thank You! The Abilene Industrial Foundation would like to say thank you to all of those who helped in the update of our Commercial Property Snapshot. A new, redesigned version of the snapshot can be found on our website at http://click.icptrack.com/icp/relay.php?r=20993166&msgid=172895&act=E65Q&c=585365&admin=0&destination=http%3A%2F%2Fwww.developabilene.com.
This tool is intended to provide a snapshot view of properties available in Abilene for new or expanding businesses to consider. With your involvement, this document can continue to be an … (0 comments)
|
industrial: EPA HELPS CLEAN TEXAS WATER - 12/15/09 10:49 AM
Good for our Texas limited resources. Very important for West Texas which is in high demand for a limited supply of water. Tenaska in Sweetwater is a concern regarding the use of Abilene water for their coal plant.
- Erik
EPA HELPS CLEAN TEXAS WATER
DALLAS (U.S. EPA) - Nearly $4.2 million has been awarded to the Texas Commission on Environmental Quality (TCEQ) by the Environmental Protection Agency.
TCEQ will use the funds to administer the state's base water quality program, which aims to prevent, reduce or eliminate water pollution.
The funds will also be used to administer environmental management programs to monitor, … (0 comments)
|
industrial: ECONOMY IMPROVING, SURVEY SHOWS - 12/15/09 10:31 AM
Another positive review for Texas from the national survey in the Beige Book's final look at 2009.
- Erik
ECONOMY IMPROVING, SURVEY SHOWS
HOUSTON (Houston Business Journal) - The Texas economy showed signs of improvement in the past six weeks through November, according to the Federal Reserve Bank of Dallas' Beige Book survey.
Industries looking up include high-tech manufacturing, paper, petrochemicals, staffing, housing and energy.
New and existing home sales improved over the six-week period, but the level of activity remains weak.
The financial services and commercial real estate industries continue to report deteriorating conditions.
Overall, prices remained steady during the period and … (0 comments)
|
industrial: Experts: Retail Deals Getting Done - 12/02/09 10:38 AM
The article is somewhat surprising to me. After attending the ICSC in San Antonio in October, it seemed to have low attendance (2,500+/-) and the mood was fairly sedate. Abilene has been flat in the retail sector with restaurants leading. Office and Industrial have both seen more action. - Erik Experts: Retail Deals Getting Done ALLEN, TX-It’s not news that the past year has seen retail take a huge hit in terms of leasing. But for every big box that goes dark and every tenant that is begging for relief from a landlord, experts tell GlobeSt.com that others are signing up … (0 comments)
|
industrial: MINERALS, SURFACE RIGHTS, ROYALTY PAYMENTS - 11/13/09 10:13 AM
More and more, this is becoming an issue. Our TAR promulgated Commercial contracts have language that transfers the sellers interest in any minerals. Sellers are wanting to retain any rights for future exploration or potentially rich producing sites.
This article is interesting and points out what can and cannot be reserved or conveyed.
Erik
MINERALS, SURFACE RIGHTS, ROYALTY PAYMENTS
COLLEGE STATION (Real Estate Center) - An oil and gas technical report that's been around since 1991 has been updated.
Minerals, Surface Rights and Royalty Payments by Real Estate Center Attorney Judon Fambrough updates court rulings regarding what are and are not minerals.
… (0 comments)
|
industrial: High volts bolt Shermco growth in Irving - 10/19/09 06:11 PM
(Industrial : Dallas-Fort Worth-Arlington) 10/19/2009 12:00:00 PM
They have satellite offices in west Texas. I am glad to see them make a firm commitment to anchor themselves in our state.
- Erik
(Irving) - Shermco, a high-voltage electrical component testing and repair company, has purchased land for a new headquarters and plans to add 50 employees over the next several years as it positions for additional growth supporting the wind-energy industry.
Shermco Industries Inc., which now leases 95,000 sf at 2425 Pioneer Drive in Irving, bought 31 acres west of Valley View Lane and south of FAA Boulevard, also in Irving.
… (0 comments)
|
industrial: BlackSwan discusses topic: Healthcare real estate - 10/13/09 09:02 AM
Interesting quick take at the end of the discussion about Health Care Reform and it's impact on the business of the Medical Industry. It suggests that there will be more cost for Hospitals and less return in the future.
- Erik Johnson
BLACKSWAN interview with Luke Peterson
http://blackswanblog.com/2009/09/22/blackswan-interview-with-luke-peterson/comment-page-1/#comment-2633
Mr. Follini created the BLACKSWAN webzine, an innovative news and interview website highlighting BlackSwan real estate ideas - unexpected, impactful and successful.
BlackSwan discusses such topics as: Healthcare real estate (medical office buildings, acute care centers); senior housing; sustainable building investment; student housing; affinity club hospitality; fractional development; and private airport ownership/management; etc.
… (0 comments)
|
industrial: World's Largest Functioning Wind Farm - 10/02/09 04:49 PM
ROSCOE TURBINES TURN ON "Just another notch in the belt for Texas that leads the nation in wind Green Energy. Oncor is speeding along to get the transmission lines to deliver this power. Stay tuned for more good news in west Texas." - Erik ROSCOE (Abilene Reporter News) – Phase IV of the Roscoe Wind Complex began operation Thursday, making it the world’s largest functioning wind farm. Equipped with 627 turbines capable of generating more than 780 megawatts, the wind farm is the flagship project for E.ON North America. The Roscoe Wind Complex first began generating electricity in February 2008 when … (0 comments)
|
industrial: Wind Energy Program at Amarillo College - 09/30/09 02:19 PM
Record number of students at Amarillo area colleges(Education : Amarillo) 9/30/2009
When the economy is down one of the best use of ones time is to educate yourself to create more value on your resume. If you have a job, then you may want to take some continued education to set yourself apart from your collegues and competitors.
- Erik Johnson
(Amarillo, Canyon, Clarendon, and Borger) - Students seeking undergraduate and graduate education at area colleges are filling seats in record numbers as Amarillo College (AC) and West Texas A&M University (WT) are boasting all-time highs in enrollment.
AC bested both … (0 comments)
|
industrial: Lauren Engineers and Constructors Expansion - 09/30/09 11:52 AM
This is great news for Abilene and for Texas. Learn more about our local Lauren Engineers & Constructors Corporate Headquarters in YOUR town.
http://www.laurenec.com/comp_profile.php
- Erik Johnson
Abilene engineering firm expanding rapidly(Employment : Abilene) 9/30/2009
Lauren Engineers and Constructors are currently manufacturing galvanized carbon steel pipes for the $1.2 billion dollar construction project - Century Plant - near Fort Stockton, where, once online, a plant will separate carbon dioxide from valuable methane gas as part of the natural gas production process.
Lauren's role in the project has led to the hiring of some 60 workers since March 2009. Welders have made … (0 comments)
|
industrial: WIND ENERGY - TRANSMISSION LINE ROUTES SUBMITTED - 09/30/09 11:38 AM
I have leased space at a facility in Sweetwater to the company that is contracted by ONCOR to install transmission lines as part of the Tonkawa substation. System 3 is working on many projects in Texas. Go to their website for more information. http://www.system3inc.com/html/wind.html Installation of 155 new GE 1.5 MW transformers Installation of the concrete slabs for transformers Installation of control wiring from wind turbines to controller Installation of secondary cabling from turbines to transformers Installation of ground grid and grounding system 225,000 of new 35Kv U.G. Distribution System Fiber optic communication - Erik Johnson TRANSMISSION LINE ROUTES SUBMITTED ABILENE … (0 comments)
|
industrial: Whole Foods Market purchase RECs from E.ON wind farm - 09/17/09 11:32 AM
Sweetwater Reporter News (Wind Enegy)InboxX
Whole Foods Market® helps fund new wind farm Written by Staff Reports Wednesday, 16 September 2009
Whole Foods Market (NASDAQ: WFMI) today announced the completion of its 2009 landmark 776 million-kilowatt-hour purchase of renewable energy credits (RECs) from wind farms. The RECs are equal to 100 percent of the Company's electricity use in its North American locations, and nearly 90 percent of this year's purchase is helping to fund E.ON Climate & Renewables' (EC&R) recently-completed Texas-based Panther Creek wind farm."Whole Foods Market is working hard to be a leader in environmental stewardship and to make sure … (0 comments)
|
industrial: What is the return on Abilene's tax dollar investment in "science" by the DCOA? - 09/04/09 09:57 AM
While diversifying the portfolio of business types supported by our tax dollars, how much money does the nearly $10 million invested in science actually return to Abilene over the next 10 to 25 years?
Chasing bioscience: Abilene competes for biotech industry(Industrial : Abilene) 8/17/2009 9:15:00 AM
Abilene has invested heavily in an effort to attract life science companies, with construction costs of the Abilene Life Sciences Accelerator on Pine Street estimated at roughly $5 million.
Abilene is working to finish the 20,000-sf accelerator facility that could be completed by December, the only such facility in the West Texas region.
Just this month, … (0 comments)
|
industrial: Sweetwater: Transmission lines in West Texas - 08/19/09 05:24 PM
I just leased 15,000sf to System 3 Inc http://www.system3inc.com/ in the northeast corner of the first floor fo the former Wall Manufacturing Facility. They will be storing transmission lines as they start working their contract with ONCOR http://www.oncor.com/electricity/transmission/crez/projects/Sweetwater.aspx
The property is for sale and lease. Go to my website for more information.
http://pauljohnsonrealtors.com/index.php/sale/view/INDUSTRIAL_-_1_industrial_dr_sweetwater_tx1/
… (0 comments)
|
industrial: Abilene’s industrial sector - 08/19/09 04:06 PM
http://www.texasrebusiness.com/articles/AUG09/cover2.html
Great article to read here. Having a great diversity in industry will keep us afloat here in abilene with all oars in the water. Too much dependency on any one of the sectors, i.e. Medical, Military, Manufacturing, could leave us stranded.
Hello Coleman,
Sorry we didn't make it in to your article. http://www.texasrebusiness.com/articles/AUG09/cover2.html We were responsible for getting NEO Energy into Windstar Industrial Center and are the leasing brokers for the facility, which included Coca Cola and the USPS remote encoding center.
Our firm does a significant portion of business in the industrial sector. We are currently working with … (0 comments)
|
industrial: Lubbock Getting New Rail Spurs - 08/13/09 10:59 AM
This report leads me to question whether Abilene has adequate rails spurs or if there needs to be an investigation into the availablity of additional rail. Crystal City Railroad company has told me that they can add spurs in most industrial areas. The amount of use and payload to be used on a new spur would determine the feasibility of a new spur or activation of an abandoned spur.
Erik Johnson
LEDA receives $1.5M grant for new rail spurs(Industrial : Lubbock) 7/30/2009
The Lubbock Economic Development Alliance (LEDA) has received a $1.5 million grant to construct new rail spurs at the … (0 comments)
|
industrial: Abilene's new biotechnology center: Life Sciences Accelerator - 08/13/09 10:48 AM
This is a great example of diversifying your industry and keeping on the leading edge of innovation. The city and DCOA are to be recognized for their continued progress with seeking beneficial opportunities that are positively impacting the community and its residents.
Erik Johnson
DCOA taking aggressive approach to bringing business(Industrial : Abilene) 7/17/2009
A 20,000-sf Life Sciences Accelerator is on track to be completed by December in Abilene. The Development Corp. of Abilene (DCOA) agreed in February to spend as much as $5.345 million on construction of the Pine St. building.
Now bringing in businesses to fill Abilene's new biotechnology center is … (0 comments)
|
industrial: For the Latest Information in Wind Energy - 08/13/09 10:19 AM
Check out the World's #1 Renewable Energy Network!
http://www.renewableenergyworld.com/assets/newsletter/wind.html
If you have an interest in renewable energy, i have not found a more concise source for such a broad overview.
check it out for yourself.
Erik
… (0 comments)
|
;)
;)
