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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. This can be done through a purchase or lease agreement. To Lease or Sell?

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). MMK Consulting. Dickinson Consulting Group. Deloitte Consulting LLP. President and CEO. Anderson & Partners.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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New Mexico Incentives and Workforce Development Guide

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Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax.

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Rural Jobs Tax Credit: This credit can be applied to taxes due on (state) gross receipts, corporate income or personal income tax. Non-retail service companies that export a substantial% age of services out of state (50% or more revenues and/or customer base). The credit may be carried forward for up to 3 years. Eligible Uses.

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Key to the new marketing initiative was a CEO Council-sponsored hosting event for leading corporate real estate executives, site selection consultants and media outlets, which included a reception at Nova Southeastern University’s new $50-million Oceanographic Center. million capital investment over a three-year period. The company $7.2-million

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