west texas: Trailblazer Energy Center and Abilene; a threat to the city's water supply? - 04/02/09 06:26 AM
Coal-fired Tenaska plant eyes Abilene water
By Doug Myers Wednesday, April 1, 2009
If Tenaska develops the Trailblazer Energy Center and Abilene agrees to sell water to the plant, would you consider that a threat to the city's water supply? Tenaska, which would need millions of gallons of water each month for its proposed $3.5 billion coal-fired electric power generating plant, has approached Abilene about buying water.
Tenaska representatives have held preliminary discussions with city staff that have focused on the plant's water needs, which have been estimated at as little as 1 million and as many as 10 million gallons … (0 comments)

west texas: Wind farm proposal goes back to public hearing - 04/02/09 06:23 AM
Wind farm proposal goes back to public hearing
The public will have a chance to be heard once again on an energy company's proposal for a wind farm after the county's planning and zoning committee sent the application back to a public hearing. The DeKalb Planning and Zoning Committee voted 7-0 Wednesday on a motion to have a new public hearing based on an opinion rendered by DeKalb County State's Attorney Ron Matekaitis.
April  2, 2009 by Elena Grimm and Chase Castle in Daily Chronicle MALTA - The public will have a chance to be heard once again on an … (0 comments)

west texas: Investment Opportunities for Small Timers - 03/25/09 04:37 AM
Small-time investors could buy into 'toxic assets'
By Mark Jewell Associated PressWednesday, March 25, 2009
BOSTON -- Toxic assets, anyone?
The Obama administration's plan to help banks unload soured mortgage assets isn't just an opportunity for Wall Street. Individual investors may be able to get in on the action -- that is, if they've got the stomach for plenty of risk.
At least three mutual fund companies have already expressed interest in buying the toxic assets and giving fund clients a chance to invest.
"We are intrigued by the potential double-digit returns as well as the opportunity to share them with … (0 comments)

west texas: Fort Worth Technology Expo - 03/25/09 04:10 AM
Technology is advancing quickly for the Commercial Real Estate industry.  These new and advanced technologies provide tremendous and affordable products and services to assist users in being better professionals.  Commercial Real Estate Professionals need to better understand the technologies available, but just don't have the time to attend every technology presentation at various conferences throughout the year.
STDBonline has assembled the best of the best technologies in one place at one time at the Fort Worth Technology Expo.  Technology companies will exhibit their products and services, and make presentations on how Commercial Real Estate Professionals use their technology to be more … (0 comments)

west texas: Term Asset-Backed Securities Loan Facility (TALF) is considering expanding its coverage to commercial mortgages - 03/25/09 03:46 AM
A Good Relationship With Your Banker Will Get You A Re-Fi?
by: Janis Arnold for REDNewsBecause the initial release of Troubled Assets Relief Program Money (TARP) to many banks across the country (including twelve Texas banks) did not work as expected, House Financial Services Committee Chairman Barney Frank introduced H.R. 384, an act designed to amend the (TARP) provisions of the Emergency Economic Stabilization Act of 2008.  One key provision of H.R. 384 was the proposal that the Treasury Department provide funds to "support the availability of commercial real estate loans, including through the purchase of asset-backed securities."  It is also … (1 comments)

west texas: Real Estate & UCC Financing Statement; Similarities and Differences - 03/25/09 03:38 AM
Similarities and Differences
This article addresses the similarities and differences by comparing the filing of a UCC financing statement with the recording of a real estate document.
Even though the UCC gets entangled with real estate only when fixtures, minerals, timber, crop or consumer goods are involved, understanding the differences between the recording systems for personal property liens and real property liens illuminates the most significant features of both types of recording/indexing systems.
For those of you who frequently deal with the issues involved in UCC filing and searching , but only infrequently deal real estate recording and searching, keeping in … (0 comments)

west texas: Wind farm in Roscoe area could become the largest in the world - 03/25/09 03:22 AM
Wind developer will make Roscoe its home
(Infrastructure & Transportation : Abilene) 3/21/2009
(Roscoe, Nolan County) - E. ON Climate and Renewables was recently granted access to a City of Roscoe right-of-way that will allow the wind developer to add a structure to its property along Broadway Street. E. ON is constructing the final two phases of a wind farm in the Roscoe area that will make it the largest in the world with 785.1 megawatts of production capacity. That is enough to power 265,000 homes.
The company hopes to finish it in July 2009. The new structure will serve as … (0 comments)

west texas: StarPoint Acquires The Tower Complex in Fort Worth - 03/25/09 03:11 AM
StarPoint Acquires The Tower Complex in Fort Worth March 25, 2009By nullStarPoint Commercial Properties L.L.C. has purchased The Tower Complex, located at 500 Throckmorton Street in Downtown Fort Worth, Tex. The 182,000-square-foot  mixed-use retail and office development, which also includes 253 parking spaces, is part of the Sundance Square, Fort Worth's premier entertainment and cultural center located in downtown. The retail component of the property is 98 percent occupied, while the office component is 95 percent leased. The property consists of two buildings, The Tower and The Annex. StarPoint represented itself in the transaction. The seller, TLC Green Property Associates of … (0 comments)

west texas: DCOA approved $5.3 million budget for new biomedical research center - 03/25/09 03:05 AM
Biomedical Facility Approved by DCOA
November 11, 2008
The Development Corporation of Abilene approved the $5.3 million budget for a new biomedical research center at its meeting Tuesday afternoon. The board received four bids, ranging from a high of $5.67 million to a low of $5.1 million.
Jeff Luther Construction, made the low bid, and DCOA chief executive officer Richard Burdine said that the construction could take about a year to complete. The more than 20,000-square-foot facility could hold six to eight biotech companies. Burdine said companies would not be recruited until the Life Sciences Accelerator is closer to completion. But … (0 comments)

west texas: Taste of Abilene 2009 - 03/04/09 06:40 AM
Taste of Abilene 2009 Things are really beginning to sizzle for the Taste of Abilene 2009, an event that will showcase more than 25 Big Country restaurants and Caterers. The event was revived in 2005 and has raised more than $70,000 collectively, to benefit community Organizations and culinary scholarships. This year’s event is presented by The Abilene Rotary Club and the Abilene Restaurant Association. The Abilene Rotary Club awarded grants to Meals on Wheels, Habitat for Humanity, The Historic Paramount, Abilene Weatherization Project, and Junior Achievement among many others with the proceeds. Perini Ranch, Spano’s Italian Restaurant, Sharon’s Lytle Land and … (0 comments)

west texas: Abilene and Sweetwater - the wind energy capital of North America - 03/04/09 01:45 AM
Transmission lines needed, firms say
Construction to begin in 2010
By Jerry Daniel Reed Sunday, March 1, 2009
The West Central Texas area, centered on Abilene and Sweetwater, may be the wind energy capital of North America, but the wind farms have yet to meet their full production capacity.
And they won't for at least a few more years.
That's because the construction of wind farms has outpaced the capacity of transmission lines to ferry the energy to market. So the wind farms have to take turns shutting down some of their turbines when the transmission lines' carrying capacity reaches … (0 comments)

west texas: Texas to benefit from Obama's R&D renewable energy technologies - 02/25/09 06:08 AM
Wind energy industry in line for $550 million headed for Texas
By Michael Freemanfreemanm@reporternews.comSunday, February 22, 2009
West Texas may receive a boost because of President Obama's stimulus package, which allots more than $550 million to the state for the research and development of renewable energy technologies, including wind energy.
"It's obviously going to build infrastructure, and that's what we are," said Greg Wortham, Sweetwater mayor and executive director of the West Texas Wind Energy Consortium. "We are the No. 1 Congressional District and the No. 2 Congressional District out of 435 in wind energy, so by definition, we will benefit … (0 comments)

west texas: TALF expansion will help Commercial RE Investment - 02/25/09 06:07 AM
It is crucial that Commercial properties receive support from the banks and ensure that credit is available for new and expanding businesses.

Expanded TALF Will Encourage Commercial Real Estate Investment
WASHINGTON, February 12, 2009
The U.S. Treasury's announcement that commercial mortgage-backed securities will now be accepted as eligible collateral for the Term Asset-Backed Loan Facility (TALF) will encourage investment in the commercial real estate market, according to the National Association of Realtors®.
Over the past year, the broader credit crisis that has permeated the world's capital markets has increasingly curtailed commercial lending activity. Banks have tightened their credit standards and reduced … (0 comments)

west texas: Windstar Industrial Center - Abilene TX : Paul Johnson & Associates - 02/11/09 06:54 AM
We're putting the windpower industry in its place
 
(right smack-dab in the middle of everything).


 
If your business wants to be in the heart
of windpower country, call us today about
all we have to offer. Located in Abilene,
Texas, one of the world's most desirable
centers for windpower development,
Windstar Industrial Center is the ideal
facility for manufacturing and service
companies like yours.
Ask about our leasing specials...
25,000 up to 350,000 SF-only $2 SF NNN
now at Windstar Industrial Center!

• 720,000-SF, multi-tenant facility
• Suites starting at 25,000 SF, up to 350,000 SF … (0 comments)

west texas: As Retail Woes Continue, CVS Among Few Firms Expanding - 02/09/09 08:48 AM
Property Types - Retail Feb 6, 2009 By: Barbra Murray, Contributing Editor With retailers across the country closing stores and filing for bankruptcy in the face of a weakening economy, CVS pharmacy is among the few bucking that trend. The firm is making plans to accommodate growing distribution demands with the development of a new 750,000-square-foot facility in Chemung, N.Y. The project carries a price tag of $90 million to $100 million. Circuit City, KB Toys, Linens ’n Things and Mervyns are among the many retail companies that have had to shut their doors as the economy continues its tailspin. As … (0 comments)

west texas: Dallas and Houston in the Top 10 of the Top 50 National GREEN POWER purchasers - 02/09/09 08:35 AM
National Top 50
  
Combined, these top 50 largest purchases amount to more than 11.2 billion kilowatt-hours annually, which represents more than 70 percent of the green power commitments made by all EPA Green Power Partners.
Current and Past Partner Lists As of January 6, 2009
The Green Power Partnership works with a wide variety of leading organizations - from Fortune 500 companies to local, state and federal governments, and a growing number of colleges and universities. The following Top Partner Rankings highlight the annual green power purchases of leading organizations within the United States and across individual industry sectors.
(0 comments)

west texas: 725 N 12th - Church SOLD - 02/05/09 04:39 AM
725 N 12th - Church                                     SOLD
Church building close to downtown.
Recent Success
725 N. 12th (Emanuel Church) - Sold
Located in Abilene, TX.  The property is located on the northwest side of town and was within the area proposed for revitalization with the Carter Neighborhood Plan through the City of Abilene.  The Purchaser of the property was Starks Funeral Home.  They were very organized and professional during the due diligence.  I assisted them with the zoning change that was necessary to include … (0 comments)

west texas: Written Results - Sellers respond to this CCIM's comprehensive offers. - 02/05/09 03:35 AM
CCIM Designees get it done.  This article is a repost from the Jan Feb 2009 CIRE
By Jennifer Norbut
 The seller's paradise of yesterday has evaporated, leaving a bid-ask gap that turns many of today's deals to dust. To help bring sellers' expectations in line with the current market, industry pros such as George C. Larsen, CCIM, principal of Larsen Baker in Tucson, Ariz., are utilizing creative strategies to get deals done. Larsen Baker develops, redevelops, owns, and manages approximately 2.5 million square feet of retail, industrial, and office space across southern Arizona.
CIRE: How do you manage sellers' inflated price … (0 comments)

west texas: ABILENE, TEXAS REAL ESTATE CENTER MARKET OVERVIEW 2008 - 02/04/09 06:42 AM
ABILENE, TEXAS REAL ESTATE CENTER MARKET OVERVIEW 2008 Land Area2,745.24 square miles2007 Population Density 58 people per square mile Counties Callahan, Jones, Taylor Abilene Abilene, the Friendly Frontier, is located along Interstate20 in Taylor County in central West Texas approximately180 miles due west of the Dallas - Fort Worth Metroplex. The town was founded when Col. C. W. Merchant, his twin brother John and other ranchers met with Texas & Pacific Railway officials to persuade them to choose a new route through the site of what is now Abilene. They named the town after the famous Kansas cattle shipping point. Abilene … (0 comments)

west texas: Abilene Census - High Importance! - 02/04/09 06:32 AM
Census: every Abilenian counts
Importance of census stressed at workshop
By Doug Myers (Contact)Thursday, January 29, 2009
Counting for money
Hundreds of thousands of people nationwide will be hired to help with collecting data for the 2010 U.S. Census.
Positions: Management, office staff and field representatives
Pay: $8 to $20-plus an hour
Length of positions: Six weeks to two years
Qualifications: At least 18 and have a driver's license. U.S. residents will get preferences in hiring.
Web site: 2010.census.gov
Phone number: (866) 861-2010
Source: U.S. Census Bureau
Cecilia Van Campenhout scanned the audience, noticeably impressed with the gathering of 170 movers … (0 comments)

 
Erik Johnson, CCIM (Paul Johnson and Associates)

Erik Johnson

CCIM

Abilene, TX

More about me…

Paul Johnson and Associates

Address: 4633 South 14th, Abilene, TX, 79605

Office: 32(569) 856-6115

Discussion of topics relating to Commercial Real Estate in Texas including: Shopping Center Office Retail Strip Centers Restaurants Industrial Warehouse Shipping Hubs Self Storage Property Management


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