Tag Archives: motorola

1800 S. Price, Lee Associates, WEB

Calif. investment firm takes Chandler Iridium facility for $12.7M

A 69,429 SF fl ex manufacturing facility and an adjacent 2.97 AC parcel at 1800 S. Price Rd. in Chandler has been sold for $12.65M. The building is fully-leased to Iridium Communications with an estimated 10 years remaining on their lease.

Cohen Asset Management, Inc., a California-based private real estate investment fi rm purchased the building from Abart Properties Corp. of Scottsdale. Lee & Associates Arizona Principals Rick Lee and Andy Ogan represented Cohen. Bret Angner with Nova Management represented Abart in the transaction.

The building is located in one of the Valley’s best commercial real estate areas. Chandler’s Price Corridor is home to notable companies such as Intel Corp., Motorola, PayPal, Orbital Sciences, eBay, Amkor Electronics, Charles Shwab and General Motors. The area is served by the Loop 101 and Loop 202 freeways with easy access to the entire Valley.

Iridium Communications, based in McLean, Virginia, is a mobile satellite communications company providing voice and data solutions worldwide. It is the only company of its kind that spans the entire globe.

red-header-2014

RED AWARDS 2014: Best Redevelopment Project

On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. Click here to view all 2014 RED Awards Winners.‎


Continuum Science & Technology Park
Developer: Capital Commercial Investments, Inc.
Contractor: RSG Builders
Architect: PHArchitecture
Broker: CBRE
Size: 463,584 SF
Location: 2501 S. Price Rd., Chandler
Completed: January 2013

continuumThis state-of-the-art business and technology campus is part of the foundation for thousands of future jobs in Chandler. Intended to make Chandler and Metro Phoenix competitive on a national and global scale, it is designed to house corporate offices, customer service operations, advanced business services, technology, bioscience, and renewable energies. The City of Chandler endorsed and became an integral partner in the redevelopment process and made joint investments in the park infrastructure and horizontal improvements to further encourage the location of signature companies and high-wage jobs to the park. The former Motorola campus was renovated to include a new three-story atrium lobby, curtain wall glass, upgraded HVAC systems and a high-quality electrical and fiber infrastructure in order to meet Continuum’s proclaimed mantra: “where environment meets progress.”

Erin Harper, Keyser

Erin Harper Joins Keyser

Keyser announced today that Erin Harper has joined the firm. 

I am very pleased to be able to welcome such a talented and experienced project manager to our growing team,” said founder Jonathan Keyser. “Erin’s commitment to service is a perfect fit for our service based culture, and her experience and expertise will help Keyser continue to set the bar for providing best in class service to each and every client.”

Erin Harper brings 20 years of comprehensive project management experience to Keyser, having worked as a project manager for American Express, Motorola, Honeywell, and other corporate space users. Erin’s project experiences ranges from large ground up construction projects to modest tenant improvement remodels.

I am very excited to have found a company whose core values and principles for business and life are in alignment with my own,” stated Erin. “I am looking forward to making a difference, and to being a part of changing how project management is done through Keyser’s model of selfless service.”

WPCarey-School-Sign

W. P. Carey School Honors Top Business Leaders

Three top business leaders will be honored for their innovation and achievements, when they are inducted into the W. P. Carey School of Business Homecoming Hall of Fame this month. They include the head of a famed jewelry company, a high-profile business founder from China, and a corporate leader at one of Arizona’s biggest companies.

On Oct. 17, they will join previous Arizona State University alumni inductees from such diverse organizations as the American Red Cross, Motorola, the U.S. Air Force, Wells Fargo Bank, XM Satellite Radio and the Arizona Diamondbacks.

“These stellar inductees represent strength, leadership and accomplishment in the business world,” says W. P. Carey School of Business Dean Amy Hillman. “They demonstrate how far our students can go and have gone in making their mark on the global economy.”

The 36th annual W. P. Carey School honorees are:

> Eddie LeVian, chief executive officer of the Le Vian Corporation, who has made Chocolate Diamonds® a red-carpet staple in Hollywood. LeVian earned a business degree from the W. P. Carey School in 1979 and took his innovative marketing ideas back to his family’s fine jewelry business in New York. The company’s sales have more than quadrupled over the past decade, and the LeVian family is active with many charities, raising $75 million in the past decade alone.

> Canglong Liu, a high-profile business leader in China, who founded one fertilizer factory in 1979, which grew into a conglomerate of major companies, including the Sichuan Hongda Group, now with 30,000 employees and 60 subsidiaries around the world. Liu is chairman of businesses that focus on finance, minerals and real estate. He is also a member of the national committee of the Chinese People’s Political Consultative Conference and the standing committee of the All-China Federation of Industry and Commerce. The Hongda Group has given $8 million to AIDS prevention and research in China. Liu received his MBA from the W. P. Carey School’s prestigious executive MBA program in Shanghai in 2007.

> MaryAnn Miller, chief human resources officer and executive leader of corporate communications for Avnet, a Phoenix-based Fortune 500 company with more than 18,000 employees and customers in 80 countries. Avnet is one of the largest distributors of electronic components, computer products and embedded technology in the world. Miller has more than 30 years of experience in human resources and operations management, and is responsible for leading the company’s human resources, organizational development and corporate communications worldwide. She is also a member of the Avnet Executive Board. She received her MBA from the W. P. Carey School’s executive MBA program in 2001.

About 200 alumni, business leaders and students are expected to attend the Homecoming Hall of Fame event on Thursday, Oct. 17 at the JW Marriott Desert Ridge Resort & Spa in Phoenix. A reception starts at 5:30 p.m., followed by the awards ceremony.

Space is limited. For more information on tickets or sponsorship, go to www.wpcarey.asu.edu/homecoming or call (480) 965-2597.

Review Operation Procedures, Expenses

Run Your Business Effectively: Evaluate Operating Procedures, Expenses

Run Your Business Effectively: Evaluate Operating Procedures, Expenses

Managing expenses effectively is a vital part to running any business. With the new year approaching, what better way to celebrate than to make sure your business is operating as smoothly as possible.

Operating procedures are often the first thing a customer or vendor encounters when interacting with a company. As a business owner or manager, reviewing operations can improve customer relations and help contain costs.

As part of the review, operating expenses and lending relationships should also be evaluated because practices are continuously changing, and what may have worked for your company in the past may not be the best option now.

Evaluating operating procedures

Effective communications

Making sure that your staff members are communicating with one another sounds obvious, but it is important to check that the communication between all levels of management and employees is working well and everyone is on the same page.

Breakdowns in communication can lead to quality and customer service issues that can result in increased material and labor costs, not to mention dissatisfied customers.

Improve floor or space plan

Does your facility’s floor plan allow for efficient movement of material and employee safety? Consider utilizing Six Sigma analysis, a business management strategy originally developed by Motorola, but is now widely used in many industries.  An outside consultant specializing in the field can be well worth the fee, frequently paying for themselves through the costs savings they implement.

Update electronics

IT systems must be in place to provide timely, accurate reporting for management to make decisions. Aging equipment can also slow down productivity and efficiency. If your budget allows, consider making new electronic purchases before the end of the year. This can be good for taxes and help get the year off to a good start. Also, moving toward a paperless office can help reduce supply and storage costs and increase productivity.

Review operating expenses

Check insurance coverage and rates

As with any type of insurance, it is important to make sure that the company is getting what it’s paying for. Review insurance policies for acceptable coverage and negotiate better rates without giving up the protection that your company needs.

Negotiate better terms on rent

With the number of vacant buildings around, landlords may be more willing to accept less to keep the building occupied and generate income. You may also find that by shopping around, you can get a larger space for less money.

Look into employee benefits

Benefits can be a significant cash expense, so make sure the benefits are adequate for the location and industry of the business. If necessary, have the employees share some of the cost.

Hire the experts

A good CPA can provide tax advice to save cash. You should consider hiring competent outside professionals because they can save you a significant amount of money in the long run.

Eliminate unnecessary costs

Labor is one of, if not the largest, cash expense item. Review job responsibilities; overtime costs may be avoided by hiring additional staff. During a particularly busy season, temporary staffing can be used to fill a need at lower wages without benefits. Outside consultants can also provide high level, expert skills without incurring salary costs.

Are your marketing dollars being spent wisely?

While it is common to cut marketing dollars to curb costs, this is a short-sighted strategy as marketing is an investment in the company’s long-term growth. Good marketing should generate qualified leads, help to develop business growth and strengthen your brand name. It should also be strategic and consistent.

Re-evaluate lending relationships

Find a lender to suit your needs

Does your lender provide support and flexibility to meet your cash needs? What worked for your business in the past may not work for your company now. You may find it more helpful to shop around with other lenders for better rates and terms — or, in some cases, other loan options, such as factoring or asset-based loans.

Review loan documents

Do you have a contract that requires you to stay in the relationship for a period of time and pay an exit fee if you leave early? If you have more than one loan with a lender, chances are the loan docs have cross default language. Cross default means a lender will tie your loans together, and it is a provision in a loan agreement or other debt obligation stating that the borrower defaults if he/she goes into default on any other obligation.

By reviewing current operating procedures and expenses, you can find ways to save money while increasing efficiency and customer satisfaction. Although you might not think your business has any inconsistencies, there are many moving parts in any organization, and it is important to revisit your current practices.

For more information about how to run your business effectively, evaluate your operating procedures, expenses and more, visit fswfunding.com.

 

Samsung Galaxy Tab

Three Tablets Ready for Work

In a very short two years the tablet market has lit up like a wildfire and business executives have a plethora of options. The iPad still reigns supreme, with an estimated 80 percent of the tablet market. But that could change very soon with Android’s Honecomb platform, built just for tablets and now available on several new devices from makers like Samsung and Motorola. With more big players entering the tablet market and sales moving through the wireless carriers, soon we’ll have as many to choose from as we do smart phones. And with that, if you feel like the iPad is a bit too game or entertainment focused for your work needs, here are three alternatives that will get the job done.

RIM BlackBerry PlayBook

BlackBerry PlaybookMillions of business executives around the world have held their steadfast loyalty to RIM and their crackberries. And it’s easy to understand why. Blackberry was arguably the first line of smartphones built with the executive in mind. Palm may have kicked off this trend, but Blackberry took a very swift lead when it started churning out smartphones for every kind of business user, leaving Palm in the dust. For RIM devotees, there’s the new Blackberry Playbook and it’s living up to its noble name. The user interface is just as intuitive, the design sturdy and elegant, and the browser is top rate. Like the others mentioned, the PlayBook has full Flash-video support. And it has something the others don’t have yet; it can wirelessly send files between computers on the same network. Synching with your Blackberry smartphone is of course a breeze. RIM hasn’t added a video chat feature yet, which may be a hindrance, but you can bet it’s probably not too far behind. It does have a camera though, and can run apps simultaneously for multitasking. Starts at $499 for 16 GB.

Motorola Xoom

Motorola XoomThe Motorola Xoom is building quite the little buzz storm as the first tablet to use Google’s new Android Honeycomb system. That and users really love how fast, cool and powerful it is. It too has Flash support, something that’s becoming more and more of a deal-breaker for business tablet users. It also has a growing list of apps, multitasking, a camera for web chat, and you can transport content from the device to an HDTV — this is a great feature for both home and business user. Presentations delivered through the tab are clear and beautiful, and if you’re on the right network, incredibly fast. This tablet also promises a 10-hour battery life, which can be a lifesaver for the executive who chooses to leave the laptop at home and travel just with the tab. Starts at $599, so not exactly more affordable than an iPad.But user reviews indicate that this tablet is totally worth it.

Samsung Galaxy Tab

Samsung Galaxy Tab
This might be the most popular iPad alternative yet, especially for executives who like or need to run Flash. It’s designed to be lightweight, slick, incredibly stylish, and users say it’s as fast as it is pretty. It’s a bit smaller than the iPad, which makes it easier to tote around in a small bag or portfolio. The Galaxy has a camera for both pictures and video, and a front-facing camera for video chat. This can come in handy for video conferencing on the go. The tablet is available through all of the major carriers and starts at just $199. That’s a pretty fair price tag for a tablet that can run loads of great apps, fun entertainment features, and supports your business communications and productivity needs.