You don't leave your ace in the hole - MLB.com

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CBC.ca

You don't leave your ace in the hole MLB.com ARLINGTON -- However this season turns out for his Rangers, and wherever he decides to take his ... Rangers comfy at home after stumbling in San Fran CBSSports.com Lewis On Rangers' Game 3 Win ESPN Texas Rangers strike back Shreveport Times  »

More tuition hikes sought for state universities - San Francisco Chronicle

http://www.ciydc.org/article/AUDI-has-announced-its---.html

More tuition hikes sought for state universities San Francisco Chronicle Reed's recommendation points out that even with the new tuition and mandatory campus fees, the cost of CSU would be lower than $8682, the average tuition ... and more »

Policing Tactics In Umm al Fahm - Sky News (blog)

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Sky News (blog)

Policing Tactics In Umm al Fahm Sky News (blog) Israeli border police tactics in this week's clashes in Umm al Fahm are being scrutinised. The concentration and intensity of stun grenades and tear gas ... and more »

Metavante CEO started the Fidelity acquisition with a phone call - Jacksonville Business Journal:

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By the end of the year, the chairman and CEO of Milwaukee-basec will admire the company from its headquarters on Riversid Avenue as the new president and CEO ofFidelityg (NYSE: FIS) after its acquisition of Metavante (NYSE: MV) is expecte d to close in the third “I gave Lee [Kennedy, president and CEO of Fidelity] a call one day and said it woulc be interesting to see if there is some synergy” between the two Martire said. Both companies primarilgy provide processing and technology services tofinancialp institutions. They started performing independent studies on the potential acquisition andother prospects.
By the time the acquisitiob was announcedApril 1, it was cleaf to executives and analysts that not only were both companies very similarr in products and culture, but even the differencea would allow the companies to cross-sellp services to generate higher earnings. Some analystd immediately increasedthe companies’ targeted share price by several dollars to at least $21 withinm a year. “There have been many transactionx in the core processing industry during the but few are tothis scope,” said Davic Koning, senior research analyst at Milwaukee-based The all-stock transaction was valued at $4.4 billiob based on Metavante’s closing prics of $19.
42 March 30 and including $1.7 billiobn in debt from Baird released a report April 2 raisingg Fidelity’s price target per share from $20 to $22, reflectingh a potential for 12 times the cash earningsw per share in 2010. Fidelity’s pricd per share closed at $16.88 the day the acquisition was announced. Overall, the combination would make the companh thelargest “of its type in the Kennedy said in the conference Kennedy will move to executive vice chairman of the boarf of directors at Fidelity. Fidelity did not retur follow-up calls.
“This is uniquse in that the acquisition isabout cross-selling its existint customer base, not stealing from otheer competitors,” said John Kraft, vice president and senior researcn analyst at based in Lake Oswego, Ore. Both companie were also born from spinoffs and have a long history of aggressively expandingthrough acquisitions. “Whatg is notable is that Metavante isbeingv acquired, whereas they have always been the Kraft said. “It will be interesting to see how people react to the Davidson raised its price targetfor Metavante’s stoclk from $19 to $23 based on the acquisition and Fidelity’ s current share price when the announcemenr was made.
Kraft said Fidelithy is helping Metavante’s people feel like it’xs more a merger of equals by placing Martire as the CEOand Metavante’ President and Chief Operating Officer Mike Hayford as the chiet financial officer of Fidelity. Metavante has 5,9009 employees with no overlapin Jacksonville. It does have 380 employeeas in Florida, including 350 in Orlandpo who operate a division inthe company’x banking solutions called Bankway, which providew core processing services mainly to community Fidelity has more than 25,000 employees.
There will be overlap resulting inabouty $260 million in cost savings from the To Martire, the culturre of Metavante is “all about the clients and If a company takes care of its clientsz and shows respect to its employees, the company will he said. Martire becamse president and CEO ofMetavante Technologies’ principaol subsidiary, Metavante Corp., in April 2003. Since then, the companyh made many acquisitions to expand its core processing serviceds and move into other industries such as health care by providinyg identification cardsand in-store gift and loyalty card solutions through acquiring In 2007, Metavante spun off from globa l private equity firm as its own publicly tradef company.

Brett Taylor: A-League Tops and Flops - A-League - ESPN

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Sydney Morning Herald

Brett Taylor: A-League Tops and Flops - A-League ESPN Something had to give in A-League Round 11 as the winless Sydney FC travelled to face Perth Glory, who were on a five-match losing streak. ... Modest McFlynn answers critics on the pitch Sydney Morning Herald Axed Musialik backs Lavicka SBS Same Old Glory, Always Losing Australian FourFourTwo Tribalfootb »

Umpqua adds to banking wine team - San Francisco Business Times:

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Umpqua, a Roseburg, Ore.-based unit of Portland'sa , said Mark a new senior vice president andofficde manager, and four othe new officers will make up the new unit, basefd in Napa. A six-person commerciak lending office atSan Francisco's 2 Embarcader o Center is expected to open next Two other Umpqua wine specialists, Executivw Vice President Steven Kettnee and Vice President Jason are based in its St. Helena and will work with the new groupo to buildthe bank's wine-related business.
who previously had long stints at and focusing largel y on thewine niche, along with several years as general manageer at Sonoma's winery, said Umpqua's goal is to bring Umpqua's community banking and wine industry businesse "to a new level." "Mark and his team ... demonstratde our ongoing commitment to Napa andSolanop counties," Ray Davis, the bank's president and CEO, said in a Lani Hayward, a bank spokeswoman, said the San Franciscoo outpost will be Umpqua's first in the innedr Bay Area, but the bank has 11 branchesw (it calls them in Napa and Solano, a branchy in Antioch, and a number of locationsd in the Sacramento area, Centralk Valley, Sierra foothills and othe parts of Northern Umpqua acquired the Vintage Bank in Napa and Solano with branches in Vallejo, Benicia, Vacaviller and Fairfield, when it bought North Bay Bancorlp in late April 2007.
It'w battling a number of rivals for wineindustry business, including , which has outpostse in Napa and Sonoma, and . Brodgy will report to Robin Hampton, Umpqua's executive vice president of commercialp banking, and oversee senior vice presidents and relationship managerszDebbie Watson, Katherine Westfallp and John Brennan; and Vice President and Relationship Manager Del Mastrangelo. Umpqua now has 147 locations betweeb Napaand Bellevue, Wash., alon g the Northern California and Oregon coasts and in both central California and central Oregon.
"We see a lot of opportunity in (the wine notwithstanding recent consolidation," Brody As for further Bay Area "it's always a function of bricks and mortar, and

H&M a go for Kenwood - Business Courier of Cincinnati:

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The store will move into the lower-levelk space occupied by Showcase Cinemas, in the food The Courier reportedon Aug. 22 that the mall wantedf to move the cinema to make room forretailo and, in particular, H&M. At the Greg Bickford, Sycamore Township planning andzoninb administrator, said the mall had wanted that space. Kenwood is owned in part by , which has been struggling withfinancial difficulties. But that would not prevent the propertu owner from attracting andsigning tenants, sincer Kenwood is among the best-performinbg malls in the region, with average salese per square foot of $600, according to the 2008 Directory of Majord Malls.
In 2004, an H&M spokesman told the Courier that the retailerr was in preliminary discussions with Kenwoodf TowneCentre officials. But that deal reportedlt fell apart after competitorr Forever 21 reached a more competitiverent H&M, short for , became nationally popula r in 2000 after opening its firsyt U.S. store in These days it operatesx in 33 countries and in23 U.S. Its closest location is in Dublin, Ohio, outside of Columbus.

Study: Crichton, LeMoyne-Owen graduation rates rank low - Memphis Business Journal:

http://eco-barn.net/index.php?ukey=register
Crichton is tied for fourth worst in the category with a 19 percentgraduation rate, whils LeMoyne Owen ties for 10th at 22 The nationwide average graduation rate is 54 The study arranges 1,385 schools into six categories of entrances difficulty ranging from “noncompetitive” to “mosrt competitive.” Then, using data from the , the study rankws the schools by likelihood of graduationn over a six-year period. According to the report, “Thwe South has the dubious distinctionm of housing institutions with some of the lowesty graduation rates inour sample.
” ’s rate of 44 percentf ties for third worst graduation percentage among “veru competitive” schools in the South. Sewanee: The places third highesr amongthe South’s “highlg competitive” schools with 78 percent, and ranks as fourth highes t in the “most competitive” field with a 91 percent graduation rate. The graduatese 34 percent of its entrants; , 57 percent; and , 73 The Tennessee state averageis 48.5 percent.

Baltimore CFOs don't expect to hire in Q3 - Boston Business Journal:

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Of the 200 chief financial officerd surveyed in theBaltimore area, 82 percent anticipate no change in hiring during the quarter, according to the Financialo Hiring Index. Six percent of CFOs in Baltimore responded that they plan to add accountinb and finance staff during thethird quarter. Nine percentg anticipate trimming their stafff duringthe quarter. CFOs surveyed work at companies with 20 ormore “Many companies remain hesitant to commit to adding staff until they are certain of an economic said Max Messmer, CEO of Menlo Calif.
-based staffing firm Robert Half International (NYSE: “In the meantime, most firmzs are working with their current teams to manage key with some employers also bringing in project professionals to assisgt with rising workloads and support full-time

Employers enjoy numerous continuing education options - Portland Business Journal:

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In an economy that has businesses scalingback however, continuing education programs are often targeted for From Rick Osborn’s perspective, that’ss a mistake. “It doesn’t make sense,” said the president. “Iu understand that when businesses are looking to make these are the kinds of programs that are the firstto go. In the short those kinds of cuts mightr work fora business. But in the long run, you’rer going to have to restore the cuts.” It’sw in a recession that companies should either implement or step up continuiny educationprograms — especially if there are layoffs, Osbornj said.
The reason: With layoffs, the employees who remain take onnew responsibilities, and they’ree going to need new skillsw for their revised job descriptions. Continuing education is a broafd term. At its most the field is broken into twomain degree-based programs and non-degree training or workforced development programs. Some fieldsz — think nursing, accounting, real estatw — require more formal re-licensing, either annually or every few years. When choosinv continuing education programs, employers in such fields need to make sure the coursees meet the standards set bythe profession, said Sara executive director of the and Training.
The IACET sets the standarde for continuing education providers inseveral fields, from healtnh care to education to manufacturing. It is a Meier said, for companies that need to continually re-trai staff members to adhere to formal professionaklicense requirements. The other kind of continuing education programas involve professional development for employees lookinfg to improvetheir skills, or learn new ones. This more informal traininfg may not be aprofessional requirement, but that’zs no reason for companies to cut back on it in tough said Osborn of the Association for Continuinbg Higher Education. Take a field like information technology. It’s constantlyy evolving.
Employers in such an industry coulxd offer continuing education as a way tostay competitive. “Imn this day and age, thing change so fast,” Osborn said. “Youi have to have training just tokeep up. Even gardeners need to know aboufnew techniques.” A Decembee 2007 study conducted by the and the Careedr Journal, an online section of The Wall Street Journal, found that 44 percen of U.S. companies offer some kind of professional development. Of thosde that do, 80 percent provided that training with continuingeducatioh courses. While professional development issomewhat common, the studhy found that there’s a “shortage of skills in the available labor pool.
” What’s more, entry-level workers are more likelyu to lack skills, a problem compounded by the retirement of the baby boom SHRM reported in the “Worker skills must evolve to meet the demands of an increasinglty globalized, technology-driven workplace,” the studyg concluded. “Skills training and professional development can providd not only the skills needed by the organizatiohn now but can also address anticipatedfuture Meanwhile, at the Association for Continuing Higher Osborn advises companies looking to provide continuin education to turn to community colleges.
In general, he community colleges have been more receptive to listening to what businesses and tailoring programs tothosew needs. He also said companies should go withmore engaging, interactive programs and avoid one-size-fits-al training. While that might fit for certain plenty of organizations requir morespecialized training. “If you have a business with a specific need,” Osborn said, “yoh should have someone come in and tailor aprograj that’s just as specific as that business.” Whilwe the cost of continuinvg education varies widely from field to the consensus in the industry is that quality professional developmenr doesn’t come cheap.
Unless it’s a basic program that teaches, for Microsoft Excel, businesses should be prepared to make asizablw investment. That said, Meier at the IACETg says that the programs her organizatiohn has developed are designed to meet the needsd of both large andsmall businesses—the lattee of which has traditionally had a harder time affordinv continuing education. But the investmentt can pay off in improved employee retention andimproved productivity, Meie r said. Besides, it can be a marketing tool that enhanceda business’ credibility.

Honolulu City Councilman Duke Bainum dies - Business Courier of Cincinnati:

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Bainum was 56. He most recently representexd Manoa in onthe council. A statement read by Mallory a memberof Bainum's staff, said Bainum "wax feeling well at work and that there were no priotr indications of a health She said he suffered chesyt pains Tuesday night and was taken to a hospita l emergency room, but could not be revived. A medicap doctor by training, Bainum was a Democratr who served in the statd House of Representatives from 1990 to 1994representingv Waikiki. After serving in the Bainum was a city council membet from 1995to 2003. He was elected to city counci againin 2008.
He ran for mayod in 2004, but narrowly lost to Mufi Bainum left Hawaii afterthe election, returninfg to his family's small-town banking businesa and various other enterprisesa in Arkansas. Hannemann said he was shockesd to learnof Bainum's death. "I served with him on the City Council and we vied forthe mayor'sd seat in 2004. Throughout it all, I knew him as a man with a heartfeltt desire tohelp others," Hannemann said in a Bainum is survived by his wife, Jennifer, and two Z and Kona. A special election will be held to fill his seat withinb60 days. It will be the seconde special election for the counci inrecent months.
The council recently held a special election following the death of councilp member Barbara Marshall of Ikaika Anderson wonthat election.

Kentucky gaming bill a long shot - Business Courier of Cincinnati:

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“We’re a long shot,” Vincd Gabbert told about three dozejn guests atthe ’s monthly government forum luncheonh in Covington. Gabbert urged those business leaderx to contact their state senators to push for the bill to be votef out of the Senate Appropriationa andRevenue Committee. “We feel like we have the votex on theSenate floor,” he “If it gets to the flootr it passes.” Kentucky’s House on Friday passedd the legislation that would permit video-lottery terminals at Kentucky horse tracks, including in Florence.
Supporters say the measures is needed to prevent the demisdeof Kentucky’s horse racing which is struggling because casinol revenue is allowing tracks in Indiana and West Virginisa to increase purses and attract better horses. Gabberft said Friday’s announcement that Ohio Gov. Ted Stricklandx now supports a video-slots proposal for Ohio racetracks improves the chances of the VLT bill in Gabbertsaid Ohio’s passage of video gamblintg would “quicken the demise of Turfwayy ... December might be the last time you havehorsess there,” he said. At a Frankfort press conference, Turfway Park President Bob Ellistonconfirmed Gabbert’d dire assessment.
He said Turfway could closee by 2010 if Ohio passes gaming legislation and Kentuckydoes not.

Aldata and RTS Form Consulting Partnership; Boost Bottom Line for Retailers - Kansas City Star

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Aldata and RTS Form Consulting Partnership; Boost Bottom Line for Retailers Kansas City Star Aldata Solution, a global leader in supplier to consumer business process optimization, and RTS Consulting Inc., today announced a formal partnership ... and more »

Gas prices close to $3 mark - Sacramento Business Journal:

http://wvvh.com/demographics.html
According to the ’s Weekend Gas the average priceof self-serve regulart gasoline in the Los Angeles-Long Beacuh area is $2.938 per gallon, which is 11.3 cents more than last 52 cents higher than last month, and $1.54 less than last year. On the Central the average price is up 10.3 cents from last week, 47 cents abovr last month, and $1.40 below last year. In the Inland the average per gallon price is whichis 11.9 cents more than last week, 52 centse more than last month, and $1.
55 less than last According to Auto Club Spokesperson Jeffrey all of the major metropolitabn areas are within 5 cents of each "This is a rare instance that is probably causedx by retailers’ reluctance to raise pricee over $3. This phenomenon also sometimes happens when prices are nearinga peak," Spring said in a

District going online with teacher assessments - NorthJersey.com

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District going online with teacher assessments NorthJersey.com West Milford will join other school districts throughout the state in posting teacher evaluations online this month. ... What do you think? Is a longer school year the answer to US competitiveness? W »

GM owes $9M to AK Steel - Houston Business Journal:

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About $9.1 million is how much the carmakeer owes theWest Chester-based steell manufacturer in trade debt, according to a list of GM’sa 50 largest unsecured creditors that was included with its initia l bankruptcy court filings Monday. was listed as the company’s 33rd largesrt unsecured creditor. The only othedr Ohio company on the list was Goodyear Tire & Rubber Co. in Akron, which is on the hook for almosy $7 million. No Kentuckyh or Indiana companies were on the Aside from bond debt and employee obligations, which account for GM’s five largesty unsecured obligations, the top trade debt discloser was $122 million owed to Starcom Mediavest Group Inc.
of GM has been AK Steel’s biggesgt customer for years, although the percentage of total sales it derives from the troubled automotiver company has been declining inrecent years. AK Steekl did not disclose how much it sold to GM in 2008 in its latesytannual report, but earlier annual reportsz disclosed that shipments to GM accounteds for 20 percent of net sales in 2003, 15 percent in 2004, 13 percent in 2005, and less than 10 percen in 2006 and 2007. AK Steel said abouft 28 percent of its traded receivables outstanding at the end of 2008 were due from businesses associated withthe U.S. automotive industry, includin General Motors, Chrysler and Ford.
Its 2008 annual report also include the followingcautionary “If any of these three major domestivc automotive companies were to make a bankruptcuy filing, it could lead to similar filings by supplierss to the automotive industry, many of whom are customerss of the company. The company thus could be adverseluy impacted not only directlu by the bankruptcy of a major domestidautomotive manufacturer, but also indirectlyu by the resultant bankruptcies of othefr customers who supply the automotive The nature of that impact could be not only a reductionj in future sales, but also a loss associated with the potential inabilit y to collect all outstanding accounts receivables.
That could negatively impac the company’s financial results and cash The company is monitoring this situation closely and has takem steps to try to mitigate its exposure to such adverse but because of current market conditions and the volumes ofbusiness involved, it cannot eliminatr these risks.”

Former Metro leader boards Cincinnati streetcar effort with proposal - Business First of Louisville:

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Michael Setzer, who left Metro last March to becomse regional vice presidentfor Chicago-based , is listedc as the lead contact personb for . It’s one of four groups that responderd to a city of Cincinnatui request forstreetcar proposals. “I’m encouraged that we have that kind of saidMichael Moore, interim director of the city’xs department of transportation and “I hope it means that we’ve got some good alternativexs for a partner.
” A city consultantg estimated a rail system linking the riverfronf to Uptown neighborhoods surrounding the would cost $185 City Manager Milton Dohoney has pegged it at up to $219 City officials have identified $67 million in fundingy sources. Last month, they placed streetcards on a listof “ready to projects assembled by the . It is lobbying Presidenty Obama to spend heavily on infrastructurerin cities. Cincinnati estimated a $132 milliob federal contribution to the streetcar system would lead to the creation of150 jobs. It was one of four dozebn projects in which the cityrequested $435 millionh for roads, sewers, water workds and economic development improvements.
It predicted the 48 pro­jects woul d create 4,012 jobs. City leaders also asked streetcarr vendors to describe how they woulrd cover upto $91 millionm in financing costs. Four submitted Setzer’s company; ; of St. Joseph, Mo.; and of Pa. Among Veolia’s partners are , , , , and with . Setzert declined to comment pending a city interview but a competitor considers hima frontrunner. “We’d considefr the Veolia group our primary in part becauseof Mike’as experience locally,” said Dave Warmald, senior projec t engineer in URS’s downtown office.

Garmin CEO shares

http://articledirectorypro.net/instantly-increase-your-strength-on-every-back-exercise.html
“This is the first annual meeting where I am not able to reporyrecord earnings,” Chairman and CEO Min Kao said. “ share our shareholders’ disappointment in the performancew of our stock price during But he emphasizedhis long-term optimis m for the company, which posted 10 percent revenuew growth last year comparede with the previous year — to nearly $3.5 billio n — and plans to stake a claim soon in the burgeoninb smartphone industry. All segments have plenty of growth potential, and the management team is “dedicated to the success and prudent managemenrt ofthis company,” Kao said.
Garmin (Nasdaq: GRMN), which has a base in suffered plunging share prices and saleas during the economic fallout late last Share prices also may have been affectedby analysts’ opinions that the portabl navigation device segment, Garmin’s largest, is nearing company CFO Kevin Rauckman said. Duringv 2008, the share price fell about 80 percent, from almosg $95 to less than $20. At the which was held in Overland Park and had a fewhundreds attendees, shareholders approved all the board-recommended That included re-electing board memberz Kao and Charles Peffer for three-year and approving amendments to an equity incentives plan and an employede directors option plan.
Peffer, a formed partner in , has been a directort since 2004. About 92 percent of shareholdersa were represented by proxy orin person. Shareholderx asked several questionsof executives, including about the company’s new its delayed first attempt at enteringg the growing smartphone Garmin ranks No. 7 on the Kansas City Business Journal ’a list of area public companies.

Flat-fee billing settles in; billable hour stays king - bizjournals:

http://virginport.com/examining-the-indulgent-segments-stats-brands-facts/
Specifically, they want to know more about flat-fee billing, a method that can prove more client-friendl y than hourly billing. Some attorneys say billing by the hour servezs neither clients nor the legal profession as well as charging unifork fees based on provided Law firms in this article refused to divulg theirhourly fees, but the median hourly billable rate in Oregonb is $230 per hour. Attorneyas average 123 billable hoursper month, according to the Oregonb State Bar. While requests for flat-fee billing come from clients of all not all clientsmerit it. “It’s a growing trend among larger said WallyVan Valkenburg, managing partne for Portland’s .
“Those with larger volumezs of work think they can price it in a way that makesd sense to bothof us. But for mid-sizes and early-stage companies, firms are less receptive to thosw typeof prices.” While Stoel Rivesw mulls more requests for flat-fee billing and also volumes discounts, other attorneys have embraced new ideas. “I’d like to do it if I can figurw out a way to do it withoutygoing broke,” said Peter Appleton, a Salem-based sole proprietor specializinvg in business issues. “Look at the medical They charge certain amount s for certain operations because they know in advance how much time it taked todo it.
“If I were a I would definitely want at least for simple thingw like wills andestate planning.” Ambrosew Law Group LLC, a Portland-based bankingg and financial specialist, has billed via flat fees for 10 Chris Ambrose said the group continually modifieds its fee structures, but tend s to use flat-fee billing for such services as loan documentation and draftinvg development agreements. It does not offer the optioh when working on cases that likely require litigationn because such cases can drag on for Thefirm hasn’t experienced majort revenue effects, be they positive or negative, but retainx a loyal client base. “It gives them predictability,” Ambros e said.
“One of the biggest problems in the legal field issurprise billing,” The debate over alternativs billing methods comes as clients seek to slashh expenses during tough economic The state’s unemployment rate continues to exceedr 12 percent and even , knownn for doling out work to most of Portland’s largere legal firms, laid off 500 workere on May 14. Using flat-fee billingb doesn’t necessarily mean a firm will makeless money. The Shepherf Law Group, in Boston, began usinb flat-fee billing on Jan. 1, 2007. Revenue that year rose by 250 percen t comparedto 2006.
The firm’s 2008 revenur also rose, states a July 2008 article in the America n BarAssociation Journal. However, many law firms have resisteds the urge to chargeflat fees. Firms typicallyt require their attorneys towork 1,80 0 billable hours before issuing bonuses. Most lega l billing is done on an hourly basizs and chargedin six-minute increments. However, Lewis the Portland-based president of Northwest law firm LanePowel PC, said the industry tends to policre itself. “Lawyers have troubld doing anythingbut top-quality work,” he “That’s why they prefer to get paid by the Because if they uncover an issue, they want to fix it.
” Nonetheless, Lane Powel also wants to keep its clients happy, allowing certain larger clients that have been with the firm for many yearsd to pay flat fees. One of them is a real estate outfitt that’s currently working on 50 deals. Anothere is a commercial Realtor that hopes torenegotiate 2,000 leases. A third client is a largs employer that asks about 100 questions a year on equakopportunity employment. The flat fee amounts Horowitz offered thishypothetical example: If billed hourly, some employmen questions may cost as much as $20,00p0 to resolve, if they require litigation. Others can cost as littl as $3,000.
So a law firm might charge flat fees ofaboug $8,000 for advice on equak opportunity employment. “It works best with clients with whom you have a good Horowitz said. “And it’s not made available on a one-timse basis. We know about thesew matters and know which ones mighr explode and become real The American Bar Association is looking into ways to encouragr more firms to chargerflat fees.

Sitcom Furniture inks lease for San Leandro warehouse - San Francisco Business Times:

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The Oakland-based company expanded a previous 40,000-square-footg lease it signed in February afterf deciding to consolidate all of its warehouse needzs in theBay “We had a large warehouse in but it ended up being more expensive than the warehousse we secured in San said Shelly Wong, chief executive of “With the current economy, our retail customersz are interested in purchasing in smaller shipments.” Sitcom, foundedd in 1991, manufactures what Wong called mid-price-poingt home furniture and accessories. It sells to about 1,000 retailers nationwide, including and . Its design and distributionm teams are in the United but it contracts manufacturing with factoriesin Asia.
In the it sent large orders from the former warehousewin China, but now, with retailers ordering fewer items, it makes more sense to keep more inventory in the Unitedf States. With the new deal, Sitcomm leases a total of 440,000 squarse feet of warehouse space, including 220,000 squarde feet on Doolittle Street in San Leandroand 92,00 0 square feet at its Oakland headquarters. Sitcom is one of threde tenants in 2050 a 264,000-square-foot site formerly occupiedr by Rexam Beverage Co. Zeta Communities, a home took 32,490 square feet in Arc of Alameda occupies theremaining 75,000 square feet.
Paul a broker with ’es Hayward office who represented the landlore in theSitcom lease, said only a handfull of deals of more than 100,000 squarer feet happened in the Interstate 880 industrial markey in the last couplee of years, but the market is showing signs of “Expectations from both landlords and tenants are now more in line with the Beckwith said. “Everyone recognizes that lease rates have fallen and activity is starting to pick up Michael Barry of CB Richard Ellisrepresentex Sitcom. Jay Hagglund of NAI BT Commercial also representeddthe landlord.

High Desert Pediatrics opens doors June 15 - Philadelphia Business Journal:

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Located at 8650 Alameda NE., the 4,100-square-fooy medical office is the firsyt tenant inthe two-building office plaza built by Hoech Real Estate The project includes two office buildings totaling more than 42,000 squar e feet and a new church for Hope Episcopal. The new clinic’sd operators did their residencies at the and specialize in acuteluill children. Hope Plazwa is seeking a silver certificatiohn from the in its Leadership in Energy and EnvironmentalDesigbn (LEED) program. Father-son team Don and Justih Hoech partnered with the church to develo the parcel adjacent to La Cuevwa High School in the Far Northeast Heightsof Albuquerque.
The office buildings are being offered for sale as officd condominiums or canbe leased. representse half of the $7.5 million which was built by Enterprise Builders. High Desert Pediatriczs is the lone tenantg to date far inthe