sexta-feira, 30 de dezembro de 2011

TX2 Systems teams up with LexisNexis - Baltimore Business Journal:

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TX2 CEO Juan Tosonik would not disclose terms ofthe deal, whichh marries LexisNexis’ legal databases with TX2’s software that is used to guidde and monitor mergers and acquisitions’ As to whether it could mean some potentiak M&A activity for the two companies, Tosoni said “we’ll have to wait and see.” Eithe way, the deal is a boost to TX2, one of Greate r Baltimore’s fastest growing private companie with $750,000 in revenuw in 2006 and $1.5 million in 2007, accordin g to research. Its revenue was up 25 percenf in 2008, Tosoni said.
The company sees the law firm markegt as a way to reach more ofthe $3 trillionh in mergers that took placse in the U.S. last year despite a dip in activitt because of the nationwidecredit crisis. And TX2 expects to have another deal with one ofthe country’s four major accounting firmsx to announce next month, Tosonik said. The new product with LexisNexiszadds TX2’s M&A software to law databaseds that many firms already use.
The softwarde centralizes information on deale to facilitate collaboration and communication among teams workinb onmerger deals, including clients and The new product incorporates LexisNexis’ databasex used to research companies beiny acquired and look up related informatiohn and news. Top M&A law firms in New York and in Chicag are piloting thenew software. Officials from McDermotgt said they expect the softwarew to give them an advantage by making the due diligence processmore efficient. The software will be an add-oj sold along with databases, Tosoni said.
Charles Morton, an M&A lawyer with LLP in said he wasn’t familiar with TX2 but thought the softwares was attractive because of the connection tothe “Particularly in this economy, any tool that can help reducse the transaction fees with respect to dealws can be very helpful,” Morton said. “Anythiny that helps streamlinethe M&A process is helpful.” TX2, founde d in Glen Burnie in employs 15.

quarta-feira, 28 de dezembro de 2011

At the galleries - Door County Advocate

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At the galleries

Door County Advocate


AUDREY M. OFF GALLERY AND FRAMERY, 40 N. Third Ave., Sturgeon Bay. Creations by Door County artist Audrey Off, who also has 30 years of experience in picture framing and design. Gallery includes works by Kari Anderson, Charles Peterson, ...



and more »

segunda-feira, 26 de dezembro de 2011

Inmark moves to Avondale from Pinson - Dallas Business Journal:

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Real estate firm said the plastivc containers and packaging companyleased 23,625 square feet of office and warehousew space at the park in Avondale. The company has been in its currenty location in Pinson Valley for more than20 years. Jack Key of Grahaj represented Inmark and Brad Moffat of representedthe landlord. Grahan said broker Walter Brown has the listint on morethan 410,000 square feet of sublease spacw at the Colonnade in AT&T’s vacant South Tower Radiology Associates renewed its 4,669-square-foort lease at Vestavia Brown represented the landlord in the renewed its lease in Calera and Decoma Modularr Systems renewed its lease in McCalla.
Combined, the two companie occupy more than 270,000 square feet of space in Grahajm & Co. developments. The renewals were handlede by Graham brokers Sonny Culp andOgdejn Deaton.

quarta-feira, 21 de dezembro de 2011

Port San Antonio tenant begins air cargo service to Mexico - Boston Business Journal:

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, the port’s foreign tradw zone operator, will host the service on Mexpress. LOGITEXs USA will serve as thesalesd agent. Mexpress is an air cargpo transportation company that catersto small-- to medium-sized companies that need to ship less than a trailefr load of supplies. Mexpress, in turn, will aggregate the cargo andship customers’ materials out via air cargko shippers at the port three times a “This service will be very important to companies in need of air cargio transport between our region and the strategic carglo centers in Mexico,” says Jorgde Canavati, vice president of businesxs development for Port San Antonio.
“At the same time it is an efficienr tool for small and medium size d companies that need to ship a pallet or two at a The companies involved in this partnership envision offering this servicde to other markets in Mexico andCentral America. The companies could also serves as a feeder to and from Asia througbh international aircargo hubs. “W are opening new trade horizons in dealiny with PortSan Antonio.” Mexpress President Carlos Duron says.

segunda-feira, 19 de dezembro de 2011

Broadway renews Matrix, MultiPlan leases - Dayton Business Journal:

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The private real estate investment and management firm is renegotiatin leases with tenants at the same time it is trying to cleat up debt issues withits lender. which lost ownership of the Hancock Tower after it defaultefd ona loan, has debt that maturews this month. The financing in question is secured byseveral properties, including the 980,000-square-foot Bay Broadway is in discussions with lenders to renegotiate the terms of the loan. Broadway was givehn an extension onthe loan, whic was due earlier this month, according to a sourc e with knowledge of the situation. However, the landlors renewed MultiPlan Inc.
, which leases 105,062 squarde feet, and Matrix Partners, which leases 11,4211 square feet, at the office complex. CB Richare Ellis represented MultiPlan. DTZ/FHO Partners represented Broadway Partnere and Matrix in thelease negotiations. Broadway acquired Bay Colony from Beacon Capital Partners LLC in May 2007 as part of a largef portfolioof assets. The four-building complecx office park sits ona 58-acre site overlookinvg Route 128.

sábado, 17 de dezembro de 2011

Gary Myers Co. adds five centers - Atlanta Business Chronicle:

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million square feet. The company will handle leasing atthe 115,000-square-foot Kroger-anchored The Shopws of Kirby Gate in Memphis; the 60,000-square-foot Shops of Rock Creelk in Cordova; the 45,000-square-foot Trinity Place center in Cordova; the 15,000-square-foot 990 N. Germantown Parkway center in Cordova; and Poplat Collection in Germantown, which also has 15,000 squarwe feet and will be listed by Melanie Each center hasseveral vacancies, ranging from 1,8009 square feet to 20,009 square feet, says company principal Gary Myers; threr centers are located along Germantown Lease rates range from $12 per square foot to $23 per squarr foot.
With retailers seeing fewer sales, freezingy expansions or closing stores, the currenr environment can be challenging for retail The average vacancy rate in the Memphiws marketis 9.5%, according to the most recent CB Richardd Ellis Memphis MarketView Retai report; however, the Cordova submarket boasta the lowest vacancy rate, 4.3%, the report states. Gary Myersa says the present retail climatwe makes for good opportunities and attractivrelease terms. “Today’s terms are the most favorablwe I’ve seen in my 30-year career,” he “Even the most stubborj landlords have come to terms with the Tenants can write theirown script.
” Landlordas are now offering lower rates and newe spaces, as well as contributing more toward outfittinbg the space, in what Myerws calls “a real buyer’s market.” tenants can lock in lower rates for multi-year he says. Facing the challenge of multiple vacancies alongb Germantown Parkway and Myersbelieves “the power of all our listings” can be used to “contactt as many people as possible and find thoswe who are in the marketplace.” Walter Wills, co-owner of The Shop of Kirby Gate, agrees. “Gary is involved in a lot of saysdeveloper Wills, managing partner of The Shops of Kirbg Gate LLC.
“He handles a lot of While both Wills and Myers are aware of the relatively high vacancty rate in themarket — durinvg the second quarter 2008 Memphis had the fift h highest vacancy rate in the according to , Inc. Myers says it’s not all doom and “Some retailers are doing well they expand or he says. “It’s not universally bad.” With fewer opportunities to leasew tonational retailers, property owners are turning to locall brokerage firms in hopes they can reach out to locao business owners.
Most Atlanta-based , appointed to handle leasing at in a move to recruitg local andregional retailers, reported in Other out-of-town property ownerds have asked Myers to do the “Local retailers are better prospects,” he says. “Nationa l retailers have shut downexpansiojn totally.” Greater reliance on local merchants makes senser now that the national retail markef has dried up, Myers says. “Local retailers are strongerr inmost circumstances.
”