Journal of Business, Dec 23, 2009 by McLean, Mike
Spokane-area office space vacancies have risen, and rents might be lower than some landlords say, although the market has remained active through the recession, so far, sources say.
A fall survey of competitive office space, conducted by the Spokane real estate appraisal firm Auble, Jolicoeur & Gentry, shows the vacancy rate for Class A, or premium, office space downtown was 8.9 percent, up from 7.3 percent a year earlier. The overall downtown vacancy rate, which includes mid-priced Class B and lower-rent Class C space, was 14.8 percent, up from 13.5 percent a year earlier and the highest fall rate since 2005.
The increase in office-space vacancy rates was more pronounced in Spokane Valley, north Spokane, and the downtown periphery, the survey shows.
Karen Meek, a partner at Auble, says she had thought the overall office vacancy rate would be higher than the survey shows.
Some space that’s reported as occupied is being underutilized, Meek says.
“A lot of big companies have space available for sublease that’s not reported as vacant,” she says.
Bank of America, for instance, is looking to lease out 12,800 square feet in its 75,700-square-foot call center facility at 1616 S. Rustle Road, in west Spokane, Meek says.
She says vacancy rates might continue to rise as leases expire on underused space, although she adds that in some cases tenants are looking to expand.
“I expect the rate is going to be up slightly next March,” she says, referring to an annual spring survey that Auble also conducts.
The average reported Class A rent for new leases and lease renewals dipped slightly to $24.17, the fall survey shows, down less than 2 percent from $24.58 last fail, after having risen 21 percent from $20.28 in the fall of 2007. Overall Class A office rents downtown were $19.56, up from $18.67 in the fall of 2008, and the highest since 2006, when a fall survey showed overall rents were $19.88.
Meek cautions, however, that some landlords who provide information for the survey might be reluctant to report fully a downward trend in rents, and actual rents likely are lower than the survey shows.
Nationwide, office rents fell 8.5 percent in the third quarter, compared with the year-earlier period, and the overall U.S. vacancy rate climbed to a five-year high of 16.5 percent, the Wall Street Journal reported in October, which was about the same time the survey here was being conducted.
Mark McLees, an agent with Spokane-based commercial real estate brokerage NAI Black, says lease rates are moving downward in most parts of the office-space market here.
“We’re not seeing $24 per square foot leases downtown,” now, he says, adding that typical recent lease rates for Class A space there have been in the range of $18 to $20 a square foot. He also believes some landlords have been underreporting negotiations with tenants that have resulted in lower rents.
The office market has seen a lot of movement as various businesses have grown or contracted, McLees says.
“Businesses are relocating because they are expanding or looking for better deals,” he says.
Other office tenants have sought to renegotiate their leases in light of the weak economy, McLees says. Tenants increasingly are asking for shorter leases or a cancellation clause, although few landlords are giving in to those requests, he adds.
The Class B vacancy rate was steady compared with last year, at 19 percent for both years. Class B rents overall averaged $15.86, up from $15.74, following steady modest annual increases from $14.85 in 2004.
The survey shows that the Class C office vacancy rate had the steepest in-crease downtown, rising to 13.1 percent, from 4.4 percent a year earlier.
“People are taking the opportunity to move up,” McLees says, adding that Class C space often can’t compete with Class B space.
“It’s difficult for Class C landlords to recoup expenses if they decide to do improvements,” he says.
In Spokane Valley, vacancy rates leaped to 21.9 percent, from 13.3 percent a year earlier, the survey shows. The latest fall survey includes Spokane developer’s Walt Worthy’s new 250,000-square foot Riverview Corporate Center, which opened after the 2008 survey was conducted and remains largely vacant.
Jack Marr, director of leasing for Worthy Enterprises LLC, of Spokane Valley, says about 22 percent of the available floor space at the Riverview Corporate Center is leased–far below original expectations.
“We had hoped to be around 40 percent occupied after the first year,” Marr says
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Who wouldn?t want to go from place to place watching actors, singers, and chefs perform at their best (and maybe their worst)? Getting paid to do something like this just seems like fun, doesn?t it? But, in reality, these jobs are not easy to come by nor are they easy to do. A writer will need to have many qualifications and have to write very well in order to establish themselves as worthy candidates of this type of work. Writing reviews is a little more complicated than just telling what you thought of the show.
For example, writing play reviews can be a challenge. Sure, the overall show may be interesting and exciting, but what about the individual characters? In writing the reviews, the writer must have strong understanding of how the play works, who is who, and why certain things are done in certain ways. They must be fluent in the arts and understand what is good and what is bad.
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If acid reflux gets complicated it may lead to formation of a stricture or ulcers in the esophagus. It may also lead to a condition called Barrett?s esophagus and in worst cases to cancer of the esophagus.
It doesn?t mean however that a person who regularly suffers from heartburn is suffering from acid reflux. By all means, the heartburn may be from other causes. But if a person suffers from heartburn for more than once a week, then he or she is at a risk of acquiring acid reflux. Person with hiatal hernia are also at a greater risk in developing acid reflux than those who are not.
The pain felt by persons suffering from heartburn is caused by the reflux of acid contents from the stomach to the esophagus. A pain in the chest area coming upwards the mouth.
Persons suffering from acid reflux may also experience tasting something sour or salty behind her throat. This is cause by regurgitation. This sour and salty taste may persist even without heartburn,
Other less common symptoms of acid reflux include difficulty swallowing, chest pain, halitosis or bad breath, repeated throat clearing and water brash or hyeprsecretion of saliva.
The symptoms of acid reflux in children are also the same as that on adults.
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0 Comments | Western Daily Press, Jul 26, 2010 | by Kate Ironside
Battle is being waged. The opening offensive was struck in a joint article in the Financial Times by the British, French and German ministers for climate change.
Chris Huhne and his counterparts called on the European Union to toughen up its targets for carbon emissions cuts. The old target of 20 per cent cuts by 2020, they argued, was too weak. Europe should aim for 30 per cent instead, they said.
This article provoked a mass hissy fit in the boardrooms.
None of Europe’s principal global competitors were seeking to saddle their own industries in the same way, said many business leaders
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In 1989 the American Shih Tzu Club developed a more descriptive standard to guide Shih Tzu breeders. Today, in the United States, the Shih Tzu ranks among the ten most popular breeds.
It seems as though the Shih Tzu?s fight for survival is finally over??
Connie Limon is a Shih Tzu breeder. She publishes a FREE weekly newsletter. A professional newsletter with a focus upon health and wellness for you and your pets. Discounts are offered to subscribers. Sign up at: http://www.stainglassshihtzus.com.
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Getting listed here will eventually get your site into popular engines like MSN, AOL, Netscape, and more.
The key to receiving search engine traffic is:
1. Educating yourself on exactly how the engines determine web site rankings.
2. Develop your site accordingly. (selecting an appropriate domain name, including relevant content, keyword phrases, etc.)
3. And by all means, submit yourself!
About The Author
Lisa Irby is the author of 2 Create a Web Site — a site that encourages you to plan accordingly and GET THE FACTS before diving into the web site creation process.
http://www.2CreateAWebSite.com.
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0 Comments | Northern Echo, Jul 29, 2010 | by Helen Smithson
A HUSBAND and wife whose daughter died after being born 16 weeks early is raising money for two charities in her memory.
John and Claire Parker, from Shildon, County Durham, lost their daughter, Rhian Alicia, on May 10, this year, six weeks after her premature birth.
The couple had endured two unsuccessful attempts at in vitro fertilization, but Mrs Parker fell pregnant after the third course.
She was only 24 weeks and one day into the pregnancy when Rhian Alicia was born at The James Cook University Hospital, in Middlesbrough, on March 26.
Mrs Parker said: “I’d had an infection and there was a tear in the membrane. My waters started leaking early. No one can explain why it happened.”
The baby was rushed to Newcastle’s Royal Victoria Infirmary (RVI) where she underwent surgery on her bowel.
She died six weeks later after developing pneumonia.
At her funeral, mourners donated [pounds]500, which was divided between the Tiny Lives charity, based at the RVI, and the Sick Children’s Trust.
The Parkers have decided to organise a fundraising event for the two charities, which will take place at the Fox and Hounds pub, Shildon, on Saturday, August 28.
There will be entertainment for children and families from 3pm to 7pm, followed by a country and western-theme night, from 8pm to 11.30pm.
The couple expressed gratitude to their families, friends and well-wishers who have helped them raise several hundred pounds, including donations from Mr Parker’s colleagues at Nissan, in Sunderland, Pinpoint Technologies, Shildon Scooter Club, and Durham County Council’s Chilton depot.
They also thanked the Bay Horse pub, in Middridge, and HairHaus, in Bishop Auckland, and numerous other businesses and individuals in Shildon for donating raffle prizes for the event.
Mr Parker, who has two children, Brogan, 19, and Daniel, 16, from a previous relationship, said: “The landlord at the pub suggested we organise a charity night and it’s escalated from there.
“It is good to see so many people care about us and surprising how many have been through this themselves.”
He added: “We have our good days and bad days.”
Their 11-year-old nephew, Bailey Tomlinson, is also raising money by taking part in a 20-mile bike ride, following a route from Shildon to Rushyford, Newton Aycliffe, and back, on August 7. So far, he has raised [pounds]500.
To donate, visit justgiving.com/claireparker260310
Handyman handy at brightening shelter
0 Comments | Winnipeg Free Press, Apr 26, 2010 | by Madden, Erin
He came looking to get experience as a power engineer, working on the power plant at Ikwe-Widdjitiwin, a crisis shelter for abused women and their children. Instead he got a life lesson he never anticipated.
Now, Burke Okrainec happily gives his time as a volunteer at the busy shelter. Once each week he serves as the facility’s handyman, doing electrical and plumbing repairs and performing maintenance.
Okrainec said after seeing and meeting the children who temporarily reside at the aboriginal crisis shelter, he simply had to get involved.
“It really was a wake-up call,” said Okrainec. “A lot of people will be concerned about what is happening in Africa and all these other places, but two miles up the road you have people who don’t have a roof over their head or aren’t getting three square meals a day. We should take care of our own first, I think.”
Which is why he does what he does.
“I’m here now for the kids,” said Okrainec. “They’re going through a terrible time. You see the abuse and you have to do something, poor little guys.”
He said the time he spends at the shelter is enjoyable, and he always has a steady supply of helpers. Children follow Okrainec around as he makes repairs, helping him with his tools.
“When I’m here on weekends, I have helpers everywhere,” said Okrainec, father to a seven-year-old daughter, who also helps by sourcing supplies needed for repairs at the cheapest possible prices. “They’re following me around, handing me tools. A lot of them have never seen a screwdriver before so you have to explain it and show it
If you lose it, however, then it is gone. There are journals that are kept on your computer, if you prefer typing. You can type it out, save it to a hard drive. If you have a laptop, you even have the portability of a hand-written journal. Unfortunately, you still have issues regarding keeping the journal. A virus on your computer, or a power-failure and you can lose what you wrote. It can also send your journal onto the internet without your choosing. Finally, there are internet journals. They are already on the internet, but could be read by anybody. Even if you lock them, they can be read unintentionally.
Obviously, no solution is perfect, but there are advantages to having a journal. By keeping one, you can make sure that you are tracking your road to health and keep yourself encouraged in many ways.
Learn to alleviate your depression at http://www.curemydepression.com.
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If you don’t have an aptitude for science, you will not do well in medicine, even if you have always dreamt of being a doctor. Identify your natural talents and find careers that utilize those skill sets. For instance, if you are extremely patient and good at explaining things in simple terms, a career in teaching, tutoring or early child care might be a great fit.
Choose a career with longevity
Technology has continued to shape the job market. Many jobs that were in demand a decade ago have decreased in importance. Others have been eliminated all together. Self-check out at the grocery store has eliminated many cashier positions. It is important that as you explore your career options you choose from careers that will be around for a while.
A great place to start is the Bureau of Labor Statistics (BLS). According to the BLS, there are some careers that will experience tremendous growth during the next decade. Although you might not be interested in a particular job, you might find that your skills are still needed in the specific industry.
The ten hottest careers for college graduates are network systems and data communications analysts; physician assistants; medical records and health information technicians; computer software engineers, applications; computer software engineers, systems software; physical therapist assistants; fitness trainers and aerobics instructors; database administrators; veterinary technologists and technicians; and dental hygienists.
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Now that you have a clearer picture of what career piques your interest, dive in! You will need first-hand knowledge to make a well-informed decision.
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