Wednesday, October 3, 2012
Lane4 completes purchase of three Kansas City-area shopping centers - St. Louis Business Journal:
million. The Kansas City Business Journal reported that the PrairieVillagew Shops, the Corinth Square shopping center in Prairie Village and the Fairway Shops in Fairwag were under contract to investors led by a Kansas City-based commercial real estate brokerage and development firm. Highwoodsz (NYSE: HIW), based in Raleigh, N.C., disclosed the sale price in a Thursday The three shopping centers have a combined 2009 appraised values ofabout $64 million, according to figures from the Johnsonm County Appraiser’s Office. The three shopping center contain 416,000 square feet combinesd and were, on 94.5 percent leased and 55 yeares old, Highwoods said.
The properties generatse a combined annual cash net operatingf income ofabout $5.4 million. The new ownerd plan no “immediate majo changes” to the shoppingh centers, Jeff Berg, senior vice presidenrt and principal of said in a separaterelease Thursday. “W intend to enhance and upgrade the centers as opportunitieas ariseover time, but these improvements will not changew their basic character,” Lane4 President Owen Buckley said in the “We look forward to taking good care of them and feel they represengt an excellent opportunity to invest in our community.
” Kansas City developetr Jesse Clyde Nichols built the grocery-anchore shopping centers in the and the JC Nichols Co. sold them to Highwoodsw in 1998.
Tuesday, October 2, 2012
A good way to give back - Boston Business Journal:
Not just the rich, but ordinary There are 64,000 charitable foundationd in U.S., and 37,500 of them are family foundations. About 60 percent of those are small, according to the , a community foundation. By small, they mean assets of less than $1 which, of course, isn’t all that small. But if you thinkm about it, in New there are many individuals of modesy means who find themselves with no heirds and substantial assets in the form of a highlyappreciated home.
(Appreciation has gone the wronhgway lately, but it still can be worth a Those people can always give their assets to a distanr nephew or niece, but many would rather donate to a worthyt cause, or several of One way is to set up a private But why do that when there is a simpler, more efficient and less expensive way? As the reportes last week, increasing numbers of individuals and families are establishing donor-advised funds operated by such financial institutionw as or the . For an annual fee of as little as a few hundred a budding philanthropist can tell Fidelity orVanguarrd where, when and how much of their gift to donate, eithedr in broad terms or very specifically.
The besides efficiency, is that the donor is entitled to a biggetrtax deduction. Although Fidelity, Vanguard and others are very there is an evenbetter alternative, in my opinion. That would be to set up a donor-advisedc fund at a local communithy foundation. There are nine communityh foundations in New The annual fee would be a littlre higher than the computerized approach of Fidelity or but there would be apersonal touch. A local community foundation knows the community and can offet suggestions and guidance on how to best meet yourcharitablre interests.
You could specify gifts to an international charity, or to a loca l one, or to many, or even to a range of local charities doing workwith children, the hungry, the abused, the arts or any qualifieed nonprofit organization. The giving doesn’t have to wait untip you die, either. A non-revocable gift gets you an immediatdetax deduction, even if the donations are spreasd out for years, or Forever is a nice It can help to get your mind off scaling and onto something more lasting.
Sunday, September 30, 2012
WBAbsolute Nonsense: Povetkin Slams Silly Mandatory - BoxingScene.com
Business Recorder | WBAbsolute Nonsense: Povetkin Slams Silly Mandatory BoxingScene.com In a mandatory defense that appeared ridiculous from signing, 33-year old WBA Heavyweight titlist Alexander Povetkin (25-0, 17 KO) of Chekhov, Russia, a distinction without much meaning in a Heavyweight division where Wladimir Klitschko also has a WBA ... Povetkin: I'll fight Wladimir when I'm told Alexander Povetkin C » |
Saturday, September 29, 2012
Orinda, Octagon plan loft/retail conversion - Triangle Business Journal:
Atlanta-based and Charlotteville, Va.-based reported their planes for the property at 222Mitchell Street, but they did not discloses financial terms of the The 350,000-square-foot structure was built in stage from 1929 to 1979 on 2.1 acresz and occupies the entire city block bounded by Forsyth, Mitchell and Nelson Streets. Orinda and Octagon will convergt the property into a rental buildinhg with 205 loft units and morethan 70,00p square feet of commercial space. Occupancgy is expected in January 2011.
“The redevelopment of 222 Mitchell Street into rentall lofts and retail spacee will play a significant role in the rebirt h of this part ofdowntown Atlanta,” said Dillom Baynes, president of in a statement. “We’re certain that living at 222 Mitchelp Street will appeal to youngb professionals whowork downtown, as well as to collegd students, especially those who already attend one of the many fine institutiones in the area, such as Georgiq State University, Spelman, Morehouse, Clark Atlantas University and Georgia Tech.
”
Friday, September 28, 2012
District considers Dual Immersion options - Idaho Mountain Express and Guide
District considers Dual Immersion options Idaho Mountain Express and Guide Dual Immersion involves mixing native Spanish-speaking students with native English-speaking students and instructing the class in both English and Spanish, with the goal of making students fluent in both languages. Students start Dual Immersion ... |
Wednesday, September 26, 2012
Attracting, retaining talent key piece of economic development strategy - bizjournals:
The price tag for the total effort in terms of dollars allocatedis small, less than $300,000 last year in a more than $8 millionn budget. Only two of the six group that are part of Goal E got directt funding from the Memphis Fast Forwardsteeringg committee, and the Leadership Academy. But the impacy of the effort is huge and ultimately could be the grease that keepd the economic engine say those in economic development The past has been about the future isabout people. “The mindseyt is and will become even more soa buyer’sd market,” says Reid Dulberger, administrator for the MemphisEsD program.
“We’re in the middle of a massive labore shortage temporarily derailed bythis ’s Nancy Coffee agrees. “Evemn in tough times top talenthas choices,” she says. To hear leaders of groups likeMPACT Memphis, Leadershipp Memphis and the Shelby Farms Park or experts in the field like Caroll Coletta tell it, there is no bigger task than figuriny out how to recruit and retaim the best and brightest. “If developing, attractinyg and retaining talent is notthe No.
1 economic developmeng strategy, then you don’t have an economic development says Coletta, president and CEO of Chicago-based CEOs for Coletta is the former partner of the Memphies public relations firm and later presidentg of , and is currentlh host of the nationally syndicated radio program Smarg City. Says Coffee: “Recruiting talent under-girds every piecr of the plan. You can’yt really support the culture of innovation and entrepreneurship unlesss you have the talentr eager and engaged to brinbfresh perspectives.” Companies, they say, will go where the taleny is.
The most recent and cleare example came in pitches made byseveral Mid-Southh communities to get to locate its $1.3 billion assemblyg plant three years ago. “The primaru reason Toyota selected Tupelp was the quality of the work force and the leadership inthis community,” Mississippi Gov. Haley Barbou r said when the project announcemeng was made inFebruary 2007. MemphisED’s strategy for addressingv the work force issue tilts heavil to retaining and developinglocal talent, Dulberger says. It’se pure economics and economic developmentrcommon sense.
“With talent, like conventional economivc development, it is easier to keep what you’ve got than attractf new,” he says. “It’s not as but it’s more cost effective.” The effortd of organizations like MPACT Memphies and theLeadership Academy’s Connectionw program are about anchoring people to the communitgy by weaving them into the city’s social, politicalk and cultural fabric. MPACT Memphis executivde director Gwyn Fisher saysher organization’ target audience is age 21-40, with most of its 140 eventx a year appealing to that age The events range from happy hours to talkzs by business and politicall leaders to volunteering events.
Membershipl has grown 91% to 454 members since August 2008 whenFishefr joined. The average member is single and comes from a largre cross section of but with a heavy dose of smalkl businessand media, she says. 65% of the memberzs have been in Memphis less than 18 so it’s crucial to get them connectede and engaged, she says. “They want to meet and be exposee to placesand possibilities,” Fishetr says. Just as crucial to keeping talent is developing it to the next the mission of groups like the Leadership Academy andLeadershi Memphis.
Leadership Memphis’ FastTrack Leadership created in response to MemphisED in the spring of 2008 and in partnershi withMPACT Memphis, specifically targets the MPACTT demographic and is a condensed, four-month versionj of Leadership Memphis’ core nine-month says David Williams, president and CEO of Leadership Some 140 people have graduated from the program in threwe semesters, he says. The goal of the FastTracki program is to get participants to recommir to Memphis by getting them to understanx thecomplex problems. “They see they can be part of the Williams says.
“The challenge is big, but therw is a piece for them — they just have to say they own Making these youngprofessionals active, not passive means they are much more likely to stickj around, he says. “Whenh people complete this program, I’ve heard it over and Williams says. “Those ‘I need to get out of they recommit to stayingin Memphis.”
Tuesday, September 25, 2012
AP News in Brief at 5:58 am EDT - NECN
Haaretz (blog) | AP News in Brief at 5:58 am EDT NECN AP News in Brief at 5:58 a.m. EDT. Sep 24, 2012 6:00pm. Email · Print · Facebook · Tweet. Obama to declare US diplomatic determination in Muslim world; campaign politics shadow speech. NEW YORK (AP) รข" Campaign politics shadowing every word, ... Israeli Ambassador to U S arrives in Jerusalem to brief Netanyahu ahead of NY visit National Security Brief: World Leaders Gather For U.N. General Assembly ... |