article thumbnail

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?

article thumbnail

BUSINESS REPORT: Tennessee Initiates Site Certification Program

Buisness Facilities Contributed Content

In June, the Tennessee Department of Economic and Community Development (ECD) launched the Select Tennessee Certified Sites Program ( www.selecttennessee.com ), a new, statewide endeavor that assesses, certifies and promotes available sites for relocations and expansions. Each aspect has its own purpose and meaning.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

are implementing site certification programs called “shovel ready”—meaning that the site is primed and ready for economic development. Certified shovel ready sites are in growing demand among companies and site selection consultants, and they are an increasingly popular tool for communities to attract new business and industry.

Site 49
article thumbnail

Commercial Real Estate To See Moderate Growth In 2016

Buisness Facilities Contributed Content

Commercial Real Estate To See Moderate Growth In 2016 originally appeared on Business Facilities - Economic Development, Site Selection & Workforce Solutions. There are risks, including the potential for a debt crisis in emerging markets, the further depreciation of the yuan, and continued volatility in global equity markets.

article thumbnail

Wyoming Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Wyoming economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Loan terms are determined by the economic benefit to the state and the financial capacity of the business to service the debt. FINANCING & GRANTS.

Wyoming 40
article thumbnail

Black Gold Rush

Buisness Facilities Contributed Content

The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. . Last year, CA Gov.

article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of North Dakota economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. The New Venture Capital Program will invest up to $300,000.