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BE&K Building Group of Vienna won preconstruction and constructiojn services forthe building, which is expected to deliver next The 37-year-old statewide association represents construction and construction-related firms and has officez in Chantilly, Richmond, and Hampton Roads. Its Chantilly headquartersz lease endsnext year, and the group was lookinfg to expand since it provides apprenticeshio in several trades, safety training, and a comprehensiver construction management education program. The new spac will include training labs, support space, meeting space and administrative offices.
ABC-VAz will occupy a little over or 17,500 square feet, and the rest will be leasefd out to tenants that have not been selectedd yet. The project was designed by Morgan GickMcBeatjh & Associates PC to get Gold Leadership in Energyy and Environmental Design (LEED) certificationm from the U.S. Green Building Council. Sustainablre features will include a pervious concrete pavemeny system to act as a stormm water system forthe facility, recycled glassd terrazzo flooring, waterless urinales and dual flush water closets.
Friday, November 30, 2012
Thursday, November 29, 2012
Real deals: $5M sale of retail building in Cherry Creek North - Business First of Buffalo:
llrx-royce.blogspot.com
The retail building, located at 2625 E. Thirs Avenue, was purchased for $4.9y million by Pro-Dance Properties LLC of Denver, whicb is affiliated with the Cherry CreekDances studio, according to local public records. The sellere of the property was Cherry CreeiPartners LLC, also of Denver. The buildinb includes roughly 10,500 squarr feet of space and was completedrin 1976, according to Denver County property records. Former tenants include LAX World lacrosseequipment store, whichg relocated to Colorado Boulevard, and Gnat Originalk Designs jewelry store, which moved nearby in Cherry Creek North.
Otherr recent Denver-area real estate deals, according to real estate recordsand brokers, include: • 101 W. Colfax Denver 80202 — The Colorado Judicial Department has finalizedf its leasefor 47,441 square feet of space at the The building’s owner, American Properties Inc. of New was represented in the lease dealby Denver-base d Frederick Ross Co. The space was formerly occupied by the newsroom of thedefuncr . • 1135 Broadway St., Boulder 80302-71865 — Industrial Research Land Leasinhg Corp. of Boulder has purchased this retaip buildingfor $3 million. The seller was Bentoh Lefton of Denver. • 13671 Colorado Blvd.
, Thornton 80233 Dominion Properties LLCof Colo., bought this 6,600-square-foot retaikl building completed in 2007 for $2.36 The seller was IDCOL-136 LLC of
The retail building, located at 2625 E. Thirs Avenue, was purchased for $4.9y million by Pro-Dance Properties LLC of Denver, whicb is affiliated with the Cherry CreekDances studio, according to local public records. The sellere of the property was Cherry CreeiPartners LLC, also of Denver. The buildinb includes roughly 10,500 squarr feet of space and was completedrin 1976, according to Denver County property records. Former tenants include LAX World lacrosseequipment store, whichg relocated to Colorado Boulevard, and Gnat Originalk Designs jewelry store, which moved nearby in Cherry Creek North.
Otherr recent Denver-area real estate deals, according to real estate recordsand brokers, include: • 101 W. Colfax Denver 80202 — The Colorado Judicial Department has finalizedf its leasefor 47,441 square feet of space at the The building’s owner, American Properties Inc. of New was represented in the lease dealby Denver-base d Frederick Ross Co. The space was formerly occupied by the newsroom of thedefuncr . • 1135 Broadway St., Boulder 80302-71865 — Industrial Research Land Leasinhg Corp. of Boulder has purchased this retaip buildingfor $3 million. The seller was Bentoh Lefton of Denver. • 13671 Colorado Blvd.
, Thornton 80233 Dominion Properties LLCof Colo., bought this 6,600-square-foot retaikl building completed in 2007 for $2.36 The seller was IDCOL-136 LLC of
Tuesday, November 27, 2012
Is Google about to give Kindle a run for its money? - Boston Business Journal:
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Mountain View-based Google (NASDAQ: GOOG) has talkec with publishers aboutan e-book deal which woulcd “enable publishers to sell digital versions of theirr newest books direct to consumers through Google,” according to the report. If the move would boldly put Google in competitionb withthe 800-pound gorilla of onlin book sales, (NASDAQ: AMZN), which recentlyt released a new versiojn of its popular Kindle e-book reader made by E Ink in Mass.
E Ink agreed Monday to terms to be acquiresdby Taiwan's Prime View International for $215 Though Google makes most of its money from it is interested in many projects it consideres to be in the public such as broadening public access to maps, paintings or out-of-prin t books. It has worked out deals to scan in many booksd in university libraries and other archives and make them easilyh accessible tothe public, and most of thosre books can now be read on Sony’z e-reader or on mobile (NYSE: SNE) makes an e-reader that must be pluggedc into a computer to add books to its library, whereas the Kindler has a wireless connectioj through which users can buy books, magazines, newspapera and even blogs instantly.
Such buying is Amazon’s special genius in making it as easy as possibl for customers to spendtheire money. The New York Times reported that Googld plans to sell books for higher prices than thuspleasing publishers. Amazon has cut pricesx for new books to attract people to the inchoate marker and to draw them to itsKindle device. It has enoughh clout to cut favorable deals with publishers andbloggerse — it splits revenue 70-30 with bloggers, keepingb 70 percent for itself.
Google’s move is more utilitariab than proprietary, as described in the It plans tomake e-books readablse on as many different types of devices as possible, rather than tyingv readers into a single device like the Kindle.
Mountain View-based Google (NASDAQ: GOOG) has talkec with publishers aboutan e-book deal which woulcd “enable publishers to sell digital versions of theirr newest books direct to consumers through Google,” according to the report. If the move would boldly put Google in competitionb withthe 800-pound gorilla of onlin book sales, (NASDAQ: AMZN), which recentlyt released a new versiojn of its popular Kindle e-book reader made by E Ink in Mass.
E Ink agreed Monday to terms to be acquiresdby Taiwan's Prime View International for $215 Though Google makes most of its money from it is interested in many projects it consideres to be in the public such as broadening public access to maps, paintings or out-of-prin t books. It has worked out deals to scan in many booksd in university libraries and other archives and make them easilyh accessible tothe public, and most of thosre books can now be read on Sony’z e-reader or on mobile (NYSE: SNE) makes an e-reader that must be pluggedc into a computer to add books to its library, whereas the Kindler has a wireless connectioj through which users can buy books, magazines, newspapera and even blogs instantly.
Such buying is Amazon’s special genius in making it as easy as possibl for customers to spendtheire money. The New York Times reported that Googld plans to sell books for higher prices than thuspleasing publishers. Amazon has cut pricesx for new books to attract people to the inchoate marker and to draw them to itsKindle device. It has enoughh clout to cut favorable deals with publishers andbloggerse — it splits revenue 70-30 with bloggers, keepingb 70 percent for itself.
Google’s move is more utilitariab than proprietary, as described in the It plans tomake e-books readablse on as many different types of devices as possible, rather than tyingv readers into a single device like the Kindle.
Monday, November 26, 2012
Consumer confidence retreats - Portland Business Journal:
younkinesagugad1746.blogspot.com
Nationally, consumer confidence dropped sharply in cutting into three months of gains that had seen the overallk index morethan double. The Conference Board'as Consumer Confidence Index fellby 5.5 pointsw to 49.3 in June. Statewide, Florida’s consumer confidence index for June fell three points last monthto 68, the resulr of bad economic news includingg the bankruptcy of General Motors Corp., foreclosures and a spikew in Florida’s unemployment according to a new Universityu of Florida poll.
While Floridians’ perceptions of personap finances compared with a year ago is up thre points to 44 from a revise d May readingof 41, other perceptions were lower or the same as, last month. For perceptions of U.S. economic conditions over the next year fell sevejn pointsto 65, whilwe perceptions of whether it’ s a good time to buy big-ticket itemd fell nine points to 67. Perceptions of U.S. economic conditiones over the next five years remainer unchangedat 80.
"Moving we do not expect Florida consumer confidence to decline much more over the next couple of barring some unforeseen change here in Florida or Chris McCarty, director of UF’s Survey Research Center at the Bureauj of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expectedd to be long and uneven for some sectorzs of the economy. "With the demise of longstanding financial institutions such as Lehman Brothers and manufacturinv companies like Chryslerand GM, it is no longer business as usual," he said.
The preliminar y index for June was conducted from 430 It is benchmarkedto 1966, so a value of 100 representd the same level of confidence for that year.
Nationally, consumer confidence dropped sharply in cutting into three months of gains that had seen the overallk index morethan double. The Conference Board'as Consumer Confidence Index fellby 5.5 pointsw to 49.3 in June. Statewide, Florida’s consumer confidence index for June fell three points last monthto 68, the resulr of bad economic news includingg the bankruptcy of General Motors Corp., foreclosures and a spikew in Florida’s unemployment according to a new Universityu of Florida poll.
While Floridians’ perceptions of personap finances compared with a year ago is up thre points to 44 from a revise d May readingof 41, other perceptions were lower or the same as, last month. For perceptions of U.S. economic conditions over the next year fell sevejn pointsto 65, whilwe perceptions of whether it’ s a good time to buy big-ticket itemd fell nine points to 67. Perceptions of U.S. economic conditiones over the next five years remainer unchangedat 80.
"Moving we do not expect Florida consumer confidence to decline much more over the next couple of barring some unforeseen change here in Florida or Chris McCarty, director of UF’s Survey Research Center at the Bureauj of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expectedd to be long and uneven for some sectorzs of the economy. "With the demise of longstanding financial institutions such as Lehman Brothers and manufacturinv companies like Chryslerand GM, it is no longer business as usual," he said.
The preliminar y index for June was conducted from 430 It is benchmarkedto 1966, so a value of 100 representd the same level of confidence for that year.
Friday, November 23, 2012
Blockbuster disputes $6M tax lien filed by the state - Atlanta Business Chronicle:
ogarawo.wordpress.com
The lien, for $6.2 millionj in state and city was issued on March 18 after an audi t was completed bythe state. According to the the amount is for taxes owed betweebApril 1, 2005 and Dec. 31, 2008. “Everyg four years, we audit large companies,” said R.J. spokesperson for the comptroller’s office. “This was an estimated audiyt liability.” Blockbuster has requested a hearinyg withthe comptroller’s office, DeSilvqa said. “We think it’s baseless, and we’re denyinvg its validity,” said Blockbuster spokesman Randy Hargrove ofthe “We are in compliance with all the filings in regard to the taxes at issue.
We’rer working with the comptroller’s office to expedite this. We believe it will result in the removakl ofthe liens.” Neithet Blockbuster nor state officials would comment further on specificsz of the audit’s findings. DeSilva said the hearingh with Blockbuster has not yet been but accountants said such discrepancies arenot unusual. “It is a normal part of doing saidVance Maultsby, partner with Dallae accounting firm Huselton, Morgan & Maultsby P.C. “Thered can be all kinds of reasons that you may have a disagreement withtaxing authorities.
” Maultsby said that often when state sales taxes are concerned, the dispute may involve whether transactiond originated in the state of Texas. “It seemes like a really big number,” he said of the $6 millioh lien. “You’re talking about a smalkl part oftheir They’ve got a disagreement; they’ve just got to settle it.” Blockbuster posted a net loss of $359.8 milliob for the fourth quartee of 2008, down from net income of $41 millionb during the same quarter in 2008. Randyt W. Donald, principal with Dallas-based tax servicesx firm Ryan Inc., said it’s not uncommoj for large companies to be hit with bigaudir assessments.
“We see audit assessments in excesdof ($6 million) on a routined basis,” Donald said. “The state is charged with aggressivelyg protectingtheir interest.” Donald speculated that the economic slumo could have prompted the comptroller’s officer to issue a lien on Blockbuste r before the company has had a chanc to complete the appeals process, potentially dropping the fina l amount owed. But the lien shouldn’t interfere with the company’z ability to protest, he said.
The lien, for $6.2 millionj in state and city was issued on March 18 after an audi t was completed bythe state. According to the the amount is for taxes owed betweebApril 1, 2005 and Dec. 31, 2008. “Everyg four years, we audit large companies,” said R.J. spokesperson for the comptroller’s office. “This was an estimated audiyt liability.” Blockbuster has requested a hearinyg withthe comptroller’s office, DeSilvqa said. “We think it’s baseless, and we’re denyinvg its validity,” said Blockbuster spokesman Randy Hargrove ofthe “We are in compliance with all the filings in regard to the taxes at issue.
We’rer working with the comptroller’s office to expedite this. We believe it will result in the removakl ofthe liens.” Neithet Blockbuster nor state officials would comment further on specificsz of the audit’s findings. DeSilva said the hearingh with Blockbuster has not yet been but accountants said such discrepancies arenot unusual. “It is a normal part of doing saidVance Maultsby, partner with Dallae accounting firm Huselton, Morgan & Maultsby P.C. “Thered can be all kinds of reasons that you may have a disagreement withtaxing authorities.
” Maultsby said that often when state sales taxes are concerned, the dispute may involve whether transactiond originated in the state of Texas. “It seemes like a really big number,” he said of the $6 millioh lien. “You’re talking about a smalkl part oftheir They’ve got a disagreement; they’ve just got to settle it.” Blockbuster posted a net loss of $359.8 milliob for the fourth quartee of 2008, down from net income of $41 millionb during the same quarter in 2008. Randyt W. Donald, principal with Dallas-based tax servicesx firm Ryan Inc., said it’s not uncommoj for large companies to be hit with bigaudir assessments.
“We see audit assessments in excesdof ($6 million) on a routined basis,” Donald said. “The state is charged with aggressivelyg protectingtheir interest.” Donald speculated that the economic slumo could have prompted the comptroller’s officer to issue a lien on Blockbuste r before the company has had a chanc to complete the appeals process, potentially dropping the fina l amount owed. But the lien shouldn’t interfere with the company’z ability to protest, he said.
Thursday, November 22, 2012
Mercury News workers OK 9% pay cut - Business First of Louisville:
ogarawo.wordpress.com
The new contract cuts pay 7 percent for the restof 2009, and slashes an additional 2 percenft from paychecks starting on New Year’s Day. The Media Workersa Guild’s Northern California unit announced late last week that it had reachec a tentative contract deal with the Mercury News for its 257 memberd atthe paper. The contact also increases employew health insurance contributions and makes other concessions. The Guild represents 257 Mercury News including 130 in editorial jobs and 127in circulation, finance and support A ratification meeting to discuss and vote on the proposed contractr was held Monday afternoon. The new contracgt expires Nov. 30, 2010.
Othedr concessions include reduced vacation accruals and movingthe Merc’e copy desk to Walnut Creek, where is based. It owns the Mercuryh News and 11 other daily paperxs inthe region, which include virtually all of the daily papers in the Bay Area exceptr the and . “This is a tougy contract that will hurt a lot ofour members, but it reflectws the terrible situation that the news industrgy and the country is in,” San Jose Guildr President Sylvia Ulloa said in a statement publishec in the Mercury News . Ulloa was on the bargaininhg committee that negotiatedwith management.
“The committee did the best we coulsd do to limit the damagw toour members, minimize the loss of jobs and to try to maintainj the quality of the Mercury News.” The deal woulfd also permit management to require up to five furlough days in move remaining circulation and finance jobs to the Bay Area News Group’as shared services center in San Ramon, consolidatew advertising functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken placee during grim times for daily Several major papers have folded in recenyt months, including the and the printt version of the , and many major metropolitanb papers, including the San Francisco Chronicle , , , and face dauntingg financial challenges.
The new contract cuts pay 7 percent for the restof 2009, and slashes an additional 2 percenft from paychecks starting on New Year’s Day. The Media Workersa Guild’s Northern California unit announced late last week that it had reachec a tentative contract deal with the Mercury News for its 257 memberd atthe paper. The contact also increases employew health insurance contributions and makes other concessions. The Guild represents 257 Mercury News including 130 in editorial jobs and 127in circulation, finance and support A ratification meeting to discuss and vote on the proposed contractr was held Monday afternoon. The new contracgt expires Nov. 30, 2010.
Othedr concessions include reduced vacation accruals and movingthe Merc’e copy desk to Walnut Creek, where is based. It owns the Mercuryh News and 11 other daily paperxs inthe region, which include virtually all of the daily papers in the Bay Area exceptr the and . “This is a tougy contract that will hurt a lot ofour members, but it reflectws the terrible situation that the news industrgy and the country is in,” San Jose Guildr President Sylvia Ulloa said in a statement publishec in the Mercury News . Ulloa was on the bargaininhg committee that negotiatedwith management.
“The committee did the best we coulsd do to limit the damagw toour members, minimize the loss of jobs and to try to maintainj the quality of the Mercury News.” The deal woulfd also permit management to require up to five furlough days in move remaining circulation and finance jobs to the Bay Area News Group’as shared services center in San Ramon, consolidatew advertising functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting rights, according to the The contract negotiations have taken placee during grim times for daily Several major papers have folded in recenyt months, including the and the printt version of the , and many major metropolitanb papers, including the San Francisco Chronicle , , , and face dauntingg financial challenges.
Tuesday, November 20, 2012
Credit union seeking to sow more seeds in its community - San Antonio Business Journal:
ogarawo.wordpress.com
For over 40 years, the Mt. has served the city’sz East Side community under thesame name. Now, the credi t union has a new name and anew logo. Last the credit union announced itsnew moniker, the Peoplea Choice of . The name says credit union CEO and TreasurerHarolr Foster, is part of a largef plan to position the financial institution for the Foster says the credit union’s former name has been in attracting other churches to “Some might be reluctant to send their membersa to our campus because they feel we mightg take members from their Foster explains.
To combaft this, Foster says the credit union changedf its name and plans to apply for a communithy charter that will allo w it to serve peoplewho live, work and go to school within a definefd geographical area on the city’s Southeast Side. People Choice’s current charter allows it to provide servicesw to thereligious community. The credit union’s fiel d of membership includes members of eighlocal churches, their immediate families and related businesses. Peoples Choice presentl has only one location inside ofthe Mt.
Zion Firstf Baptist Church at 333 Martin Luther King While there are no plansd to openmore locations, Fostee says the credit union would like to relocates its offices to a new, larger spac and is currently looking for office space in the More details on the new locationh will be released at a later date. In the meantime, over the next few the credit union plansx to add ashare draft/checkingy account as well as credit- and debit-cardx services, and to improve the lender’s technologh base to better serve its memberws within the next few months.
“Since we only have one we would like to design some servicesx that will prevent our membership from havingy to come to our office location to do Foster says, adding that the credit union also plans to includ e Internet-banking services down the road. Peoples Choice currently has about $1.5 million in assets and some 350 It providesconsumer loans, home mortgage loans, regular share savings accounts, shar certificates, IRA’s and Master Card Peoples Choice was originally founded in 1966 as the Mt. Zion 1st Baptist Federal Credit Union by pasto remeritus Rev. Claude W. Blac Jr. At that time, Foster says, it was hard for blacok people to access qualittyfinancial services.
“We were (often) victims of loan sharks back Foster says. The credit union’s originall field of membership consisted of members ofthe Mt. Zion 1st Baptis t Church. Peoples Choice President Ira Smith Jr. says the credit union is the onlysurviving African-American financiao institution in Bexar County. Though the credi t union was initially founded to serve the AfricanAmericabn community, Smith says the demographicsd of the area served by the credit unioj have changed. To better serve the present Smith says the credit union is lookint to expandits services. “It’s necessary for us to look at the growt required to provide services not onlyto African-Americanes ...
but to all who live within ourquadrant (of the he says. “That’s our goal withinn the next year.” Smith says it’e important for the credit union to continue to Smallcredit unions, he says, have had a more difficuly time for the last two yearxs because of the economy. And when the economgy is bad, he says, the peopl also go through hard
For over 40 years, the Mt. has served the city’sz East Side community under thesame name. Now, the credi t union has a new name and anew logo. Last the credit union announced itsnew moniker, the Peoplea Choice of . The name says credit union CEO and TreasurerHarolr Foster, is part of a largef plan to position the financial institution for the Foster says the credit union’s former name has been in attracting other churches to “Some might be reluctant to send their membersa to our campus because they feel we mightg take members from their Foster explains.
To combaft this, Foster says the credit union changedf its name and plans to apply for a communithy charter that will allo w it to serve peoplewho live, work and go to school within a definefd geographical area on the city’s Southeast Side. People Choice’s current charter allows it to provide servicesw to thereligious community. The credit union’s fiel d of membership includes members of eighlocal churches, their immediate families and related businesses. Peoples Choice presentl has only one location inside ofthe Mt.
Zion Firstf Baptist Church at 333 Martin Luther King While there are no plansd to openmore locations, Fostee says the credit union would like to relocates its offices to a new, larger spac and is currently looking for office space in the More details on the new locationh will be released at a later date. In the meantime, over the next few the credit union plansx to add ashare draft/checkingy account as well as credit- and debit-cardx services, and to improve the lender’s technologh base to better serve its memberws within the next few months.
“Since we only have one we would like to design some servicesx that will prevent our membership from havingy to come to our office location to do Foster says, adding that the credit union also plans to includ e Internet-banking services down the road. Peoples Choice currently has about $1.5 million in assets and some 350 It providesconsumer loans, home mortgage loans, regular share savings accounts, shar certificates, IRA’s and Master Card Peoples Choice was originally founded in 1966 as the Mt. Zion 1st Baptist Federal Credit Union by pasto remeritus Rev. Claude W. Blac Jr. At that time, Foster says, it was hard for blacok people to access qualittyfinancial services.
“We were (often) victims of loan sharks back Foster says. The credit union’s originall field of membership consisted of members ofthe Mt. Zion 1st Baptis t Church. Peoples Choice President Ira Smith Jr. says the credit union is the onlysurviving African-American financiao institution in Bexar County. Though the credi t union was initially founded to serve the AfricanAmericabn community, Smith says the demographicsd of the area served by the credit unioj have changed. To better serve the present Smith says the credit union is lookint to expandits services. “It’s necessary for us to look at the growt required to provide services not onlyto African-Americanes ...
but to all who live within ourquadrant (of the he says. “That’s our goal withinn the next year.” Smith says it’e important for the credit union to continue to Smallcredit unions, he says, have had a more difficuly time for the last two yearxs because of the economy. And when the economgy is bad, he says, the peopl also go through hard
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