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As the Vacancy Rate Rises, Rents Are Poised to Fall

Pro Builder

Increased supply of newly constructed apartments has led to a vacancy rate of 6.4%, the highest in two years, and that availability is sending prices slightly lower. Detroit, where the median rent is $1,390, was in second place, with an 8.9% And in Las Vegas, the median lease was 5.7% and 8.9%, respectively.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. billion investment by Dominion Virginia Power, which constructed a cutting-edge technology power plant. Overall rail traffic was up 4.5 percent for carloads and 5.2 percent for intermodal.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

Buisness Facilities Contributed Content

The BOI offers corporate income tax holidays for up to eight years, import duty reductions or exemptions on machinery and raw materials, double deduction of public utility costs, and deductions for infrastructure construction and installation costs. WD also spent $20 million USD to construct a flood wall around the perimeter of its facility.

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FEATURE STORY: High-Tech Hubs Are Moving To Their Markets

Buisness Facilities Contributed Content

Samsung recently announced it will invest nearly $4 billion dollars to expand and renovate its manufacturing plant, creating 600 new permanent jobs and 3,000 construction jobs. Biotech research spending has more than doubled in the region since the year 2000 and there are 12 new research facilities currently under construction.

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Industry Focus: Data Centers – To Serve And Protect

Business Facilities

Patrick Davis, Senior Design Phase Manager with the Chicago office of Mortenson Construction is impressed with Huntley. Construction Management: The Wieland-Davco Corporation. miles from US-127, is central to Grand Rapids, Battle Creek, Detroit, Chicago and Toledo. a Lansing based construction company.

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GSA, LEED, USGBC, and Politics

Building Information Management

If GSA, as the “landlord of the federal government,” were to require or use something else, it would add cost to the building and leasing process across the building industry. Alabama Green Building Solutions & SLS Construction. Allied Construction Services LLC. Balfour Beatty Construction. Big-D Construction Corp.