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Archives for September 2016

Trends in Retail – What’s New and What’s Hot

September 17, 2016 by jakobsmith

On November 24, Ross Koepsel, CCIM of Commercial Property Associates, presented on retail trends including:

– an overview of the national market
– an overview of the Milwaukee market
– the grocery boom
– the introduction of luxury to the Milwaukee retail scene
– the importance of holiday shopping to the retail numbers
– trends in online shopping

Click here for the presentation

Filed Under: All News

Nominate the 2016 CARNM REALTOR of the Year

September 14, 2016 by CARNM

It’s time to cast your vote for the 2016 CARNM REALTOR® of the Year! To nominate a fellow broker for this prestigious award, fill out the nomination form and send it to CARNM by Friday, October 14, 2016. This form provides information about the process and details the evaluation criteria. If you have questions, please contact us at 505.503.7807.
The 2016 CARNM REALTOR® of the Year will be announced during the CARNM Annual Membership Meeting on Tuesday, November 15, 2016. RSVP today! This award reflects the highest form of recognition for personal and professional achievement by a member of Commercial Association of REALTORS® New Mexico.
 
 

Filed Under: All News

AED Recruitment Announcement: Facebook Data Center

September 14, 2016 by CARNM

A Letter from AED Chair, Ray Smith

We’re thrilled that Facebook has selected Los Lunas as the location for its newest data center!
The announcement is the culmination of a year-long effort that began when Governor Susana Martinez led a delegation that first visited the company headquarters on August 25, 2015. She was joined on that trip by Chief of Staff Keith Gardner, former Cabinet Secretary Tom Clifford, outgoing Cabinet Secretary Jon Barela, the City of Rio Rancho’s Matt Geisel, and AED President Gary Tonjes.
This is an incredible day for Los Lunas, the Albuquerque metropolitan area, and New Mexico. AED expresses its sincere thanks to Facebook, and to the dozens of people we worked with who helped make this day possible. Additionally, I’d like to thank Secretary Barela for asking AED in early January of this year to lead the recruitment effort to win this project. As Board Chair and a business leader, I thank AED’s team for their extensive work behind the scenes on this incredible project. This world-class company will give a tremendous boost to the community and the construction industry, and their decision will motivate other technology companies to consider the Albuquerque metro area as an outstanding place to grow their respective businesses.
Los Lunas representatives were fantastic partners throughout the process, and unwavering in their dedication to win the project. Special thanks go to Los Lunas Mayor Charles Griego and the Village Council, along with the Village of Los Lunas staff and its advisors.
This also would not have been possible without PNM, which had dozens of staff members heavily involved for months in an effort to win the project. PNM and company officials worked closely together preparing an application for an essential energy agreement approved in August by the New Mexico Public Regulation Commission., which also deserves our thanks, in a race against Utah.
In addition to its initial minimum commitment of 30 jobs and $250 million in investment, Facebook expects the Los Lunas data center to support thousands of indirect jobs by way of construction, operations and services. Here are two examples of the company’s economic impact in two other data center locations:
Prineville, Oregon

  • Total capital expenditures were approximately $450 million from 2009 to 2013 (encompasses construction period; does not include server expenditures).
  • This project has generated a total gross economic impact of $637 million and supported 3,800 jobs across Oregon.

Forest City, North Carolina

  • Total capital expenditures were approximately $526 million from 2011 to 2013 (encompasses construction period; does not include server expenditures).
  • This project has generated a total gross economic impact of $707 million and supported 5,000 jobs across North Carolina.

Here’s a great way to see what the company is planning to bring to the area: www.facebook.com/LosLunasDataCenter.
As always, thank you for your support of AED, which is generating jobs and opportunities for the Albuquerque metro area.
Best regards,
Ray Smith
Chair, Albuquerque Economic Development, Inc.
 

Filed Under: All News

Judge Declines to Force Sick-Leave Initiative on Ballot

September 12, 2016 by CARNM

Albuquerque voters shouldn’t expect to see the proposed sick-leave initiative when they head to the polls this year.

In a packed courtroom Monday, state District Judge Alan Malott refused to order the proposed ordinance onto this year’s general-election ballot.

He also ruled that when the initiative does go to voters – presumably next year – it must be published in its entirety on the ballot, not presented as a summary.

Malott’s decision came less than 24 hours before Bernalillo County must send this year’s ballot to the printer. It’s due at 5 p.m. today.

Outside the courthouse, supporters of the sick-leave initiative said they were disappointed in the ruling but haven’t decided yet to whether to appeal. It isn’t unusual for ballot disputes to end up before the New Mexico Supreme Court.

The proposed ordinance would require employers in Albuquerque, regardless of size, to allow their workers to earn paid sick time off. It would apply to full-time, part-time and temporary workers at any business with a physical presence in Albuquerque.

Terri Cole, president and CEO of the Greater Albuquerque Chamber of Commerce, part of a coalition opposing the proposal, said the judge’s decision “is a victory for all of us.”

“Small businesses have a chance to explain to the public what this measure will do; the proponents get their vote in 2017; and the citizens get maximum transparency with the full text on the ballot,” she said in a written statement.

Cole and other opponents say the proposal is more complicated than it sounds and that it could force small companies out of business because of increased costs and onerous record-keeping requirements.

Supporters said they believe voters are entitled to consider the ordinance this year. Its passage, they say, would ensure that workers don’t have to choose between their paycheck and caring for themselves or a loved one.

Martha Gamboa, who works in a sales job that doesn’t offer paid sick leave, said the ordinance would mean she doesn’t have to go to work sick. She and other supporters of the proposal addressed reporters outside the county courthouse in Downtown Albuquerque.

“I live on a tight budget where every cent counts,” Gamboa said.

The sick-leave ordinance is the result of a summertime petition drive. Supporters gathered enough signatures to trigger a City Charter provision that requires the proposal to go before voters in the next general or municipal election.

But a legal fight erupted over whether a summary or the full text of the proposal must go to voters – and whether the county government, which oversees general elections, had to put it on this year’s ballot.

The Nov. 8 ballot has room only for a summary of the measure, not the full seven-page ordinance, and the County Commission decided against putting it on the ballot.

Attorneys for the New Mexico Center on Law and Poverty filed a lawsuit last week arguing that the city and county had a duty to put a summary of the ordinance on this year’s ballot.

Elizabeth Wagoner, representing the Center on Law and Poverty, told Malott on Monday that city and county officials are “playing politics” with the initiative simply because they don’t like it. The governments are grasping at unreasonable “technicalities” as an excuse to keep the proposal off the ballot, she said.

“The people of Albuquerque have a right to vote on this,” Wagoner said.

Malott said he didn’t necessarily disagree that politics are at play. But he said he focused his decision on the legal merits of each side’s case.

The City Charter, he said, requires the entire ordinance to go on the ballot. He cited a charter provision that says the ballot should contain “the proposed measure as originally submitted.”

And Malott wasn’t convinced that the county had a mandatory duty to send the question to voters this year. The City Charter, of course, governs the city government, not the county, he said.

So without county approval, the proposal must go to voters in the next city election, scheduled for October 2017.

Supporters of the measure include OLÉ New Mexico, the SouthWest Organizing Project, the New Mexico Center on Law and Poverty and El Centro de Igualdad y Derechos.

Opponents include the New Mexico Restaurant Association, Greater Albuquerque Chamber of Commerce, the New Mexico Association of Commerce and Industry and NAIOP, the commercial real estate development association.

By: Dan McKay (Albuquerque Journal)

Click here to view source article.

Filed Under: All News

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