A major move into the Empire State Building might be in the works for Li & Fung, a Hong Kong-based major company in retail and apparel management, affiliated with Wal-Mart. Owned by W&H, The Empire State building has been making efforts to increase real-estate appeal and nail down larger tenants. Regardless of how large your move, it's always important to take the necessary steps to ensure an orderly, stress free relocation.
Here's a moving check list from the pros at The Advance Group.
To view the article on Li & Fung's possible relocation, click here.
Can an Entire Business Move on One Weekend?
Can an Entire Business Move on One Weekend?
Written by: Nick Messe
Do you need to relocate? Are you out of space? Need to move over the weekend? These are some common questions asked by firms all over the country. It takes a lot of time and effort to change locations and to do so over a weekend is a daunting task at best. For a large corporation, this is simply not humanly possible. But for a smaller enterprise, it is certainly doable. With the right planning, a little bit of luck, and finding the right moving company, this experience can be made a little more bearable.
If every person in the firm is assigned a specific task and performs it well, the move could theoretically be accomplished without a hitch. However, that is most likely a perfect world scenario. There are always problems, whether it be locked doors or traffic jams, the one constant with any type of move is the unexpected delays that inevitably occur. Since associates aren't expected to be movers, it is best to find a reputable company to transfer all of the furnishings and equipment that will be needed at the new locale. Make sure to label everything properly in order to expedite this process.
By using a service to relocate all of the necessary items, precious time can be conserved that will be used for something else. It is probably best to use the proper containers and padding for the special communication devices. This includes all computers, telephones and servers. These all run the risk of electric shock, so special attention and care should be taken to ensure a safe passage. It might be wise to have the IT department clear the server room of any unnecessary items before allowing the movers in. There is no sense in risking valuable data loss due to a sloppy transfer of equipment.
At the new site, a floor plan should be available to all key members of the move team. They can direct traffic and allow the movers to locate items where they need to go. With the physical labor taken care of, engineers and technicians can reinstall the phone and data networks to be ready for a new business day. This is not a simple task, as wires have to be run, even with a WiFi set up. Each phone and computer line also has to be tested to be sure that it is working. In the server room, the proper temperature and humidity conditions have to be set up.
While there are a ton of little things to do, the most important part is to make sure that everybody has a desk, chair, phone and working computer. If this is accomplished, the move can be considered a success. There will probably be some small items that will need attention in the first month. Problems always crop up with any relocation, but if the big things are handled, the small ones will take care of themselves.
Not just for holidays anymore: The pop-up store gains new fans
Here’s an article that we found to be of current interest: pop-up stores.
It seems as though in this economy, the need for short term rental space has grown. Building owners would rather have short term tenants than none at all; companies have found the pop-up store to be a successful, creative advertising strategy. Whether it's to launch a new product or set up a temporary art exhibit, The Advance Group will always be there to relocate you in an efficient, professional manner.
Check out the article here.
It seems as though in this economy, the need for short term rental space has grown. Building owners would rather have short term tenants than none at all; companies have found the pop-up store to be a successful, creative advertising strategy. Whether it's to launch a new product or set up a temporary art exhibit, The Advance Group will always be there to relocate you in an efficient, professional manner.
Check out the article here.
Pricey property deals bounce back in first half
Staying on top of the trends in the real estate market, especially in the tri-state area is very important to The Advance Group.
-I found an article in Crains today that left me feeling positive about our market and our industry and I wanted to share it with you.
Pricey Property Deals Bounce Back in First Half
Written by By Theresa Agovino
Big price tags returned to Manhattan's commercial sales market in the first half of the year, with the most expensive deal in the period valuing 1221 Sixth Ave. at $1.28 billion. That is more than three times what 1334 York Ave.—the costliest property purchased in the first half of last year—fetched. What's even more intriguing about the deal that leads Real Capital Analytics' top property sales for the first half of 2010 (see chart, Page 17) is that the Canada Pension Plan Investment Board purchased only 45% of the tower.
“Noncontrolling stakes are not very liquid, so when people buy them, it is a positive sign,” says Dan Fasulo, a managing director at Real Capital. He notes that investors' increasing willingness to lavish tens or even hundreds of millions of dollars on a stake in a property in which they won't be in the driver's seat suggests a firming of confidence in the market's strength.
Interestingly, the list's second and third spots were also captured by deals involving the purchase of noncontrolling stakes. Rockpoint Group bought 49% of 299 Park Ave. in a transaction valuing the building at $630 million. And RXR Realty bought a 49% stake in 340 Madison Ave. in a deal that puts the value of the building at $570 million.
In the first half of the year, there were 16 deals valuing buildings at more than $100 million, compared with only five in the first half of last year
Full Article at this link- http://www.crainsnewyork.com/article/20100725/REAL_ESTATE/307259994
For any information on The Advance Group or help with your move e-mail Anthony Parziale,Vice President, Sales & Marketing at AParziale@TheAdvanceGRP.com
-I found an article in Crains today that left me feeling positive about our market and our industry and I wanted to share it with you.
Pricey Property Deals Bounce Back in First Half
Written by By Theresa Agovino
Big price tags returned to Manhattan's commercial sales market in the first half of the year, with the most expensive deal in the period valuing 1221 Sixth Ave. at $1.28 billion. That is more than three times what 1334 York Ave.—the costliest property purchased in the first half of last year—fetched. What's even more intriguing about the deal that leads Real Capital Analytics' top property sales for the first half of 2010 (see chart, Page 17) is that the Canada Pension Plan Investment Board purchased only 45% of the tower.
“Noncontrolling stakes are not very liquid, so when people buy them, it is a positive sign,” says Dan Fasulo, a managing director at Real Capital. He notes that investors' increasing willingness to lavish tens or even hundreds of millions of dollars on a stake in a property in which they won't be in the driver's seat suggests a firming of confidence in the market's strength.
Interestingly, the list's second and third spots were also captured by deals involving the purchase of noncontrolling stakes. Rockpoint Group bought 49% of 299 Park Ave. in a transaction valuing the building at $630 million. And RXR Realty bought a 49% stake in 340 Madison Ave. in a deal that puts the value of the building at $570 million.
In the first half of the year, there were 16 deals valuing buildings at more than $100 million, compared with only five in the first half of last year
Full Article at this link- http://www.crainsnewyork.com/article/20100725/REAL_ESTATE/307259994
For any information on The Advance Group or help with your move e-mail Anthony Parziale,Vice President, Sales & Marketing at AParziale@TheAdvanceGRP.com
TOP TEN Reasons to Hire The Advance Group
The Advance Group’s 10
Visible Advantages are features and benefits that you can see at work for you. They enable you to confidently make the most informed and best move decisions that will result in your lowest final project cost.
Most Experienced Team
We have the largest and most experienced executive and project management staff in the tri-state area, with over 500 years of collective experience. Each employee has passed a background check and is required to maintain high standards, including being fully uniformed. Our office and management team is over 80 strong.
A Dedicated Project Management Team
Your sales executive will assemble a team of professionals from client services and operations that is best qualified to manage your move.
24/7 Commitment
Our commitment to your successful project is 24/7. You will be able to contact your entire project team, from client services to operations, at any time via phone and email.
Largest Combination of Facilities and Locations
We have four service locations: Queens, New York City, Long Island, and New Jersey. Three of these locations have large, secure, and centrally monitored facilities, offering you extensive flexibility and convenience. We maintain a total of 325,000 sq. ft. of warehouse space.
Largest, Most Modern Fleet
We have the largest, most modern trucking fleet that includes 44 trailers, 36 straight trucks (26 feet in length), and 30 tractors.
The Latest Communication Technology
The Advance Group is committed to using the latest proven technology to reduce costs, raise performance standards, and to provide secure online access to inventory. We utilize BarScan® software for asset management, and O'Neil Software and MoveMagic software for proactive move management.
Financial Strength
The Advance Group is profitable, growing, and financially strong, with over $24 million in revenue.
Labor Harmony
Our 120 direct employee movers are union members. We also employ over 30 union carpenters and approximately 40 warehouse personnel.
Commitment to Green
The Advance Group takes seriously the obligation to maintain and support environmentally responsible policies and practices. We support LEED certified projects.
Strength Through Associations
The Advance Group is a member BOMA, IFMA, and AMSA and over twenty other professional associations and trade groups. The Advance Group (through its Advance Commercial Movers and Molloy Bros. business units) is affiliated with Mayflower Transit in New York and New Jersey.
Visible Advantages are features and benefits that you can see at work for you. They enable you to confidently make the most informed and best move decisions that will result in your lowest final project cost.
Most Experienced Team
We have the largest and most experienced executive and project management staff in the tri-state area, with over 500 years of collective experience. Each employee has passed a background check and is required to maintain high standards, including being fully uniformed. Our office and management team is over 80 strong.
A Dedicated Project Management Team
Your sales executive will assemble a team of professionals from client services and operations that is best qualified to manage your move.
24/7 Commitment
Our commitment to your successful project is 24/7. You will be able to contact your entire project team, from client services to operations, at any time via phone and email.
Largest Combination of Facilities and Locations
We have four service locations: Queens, New York City, Long Island, and New Jersey. Three of these locations have large, secure, and centrally monitored facilities, offering you extensive flexibility and convenience. We maintain a total of 325,000 sq. ft. of warehouse space.
Largest, Most Modern Fleet
We have the largest, most modern trucking fleet that includes 44 trailers, 36 straight trucks (26 feet in length), and 30 tractors.
The Latest Communication Technology
The Advance Group is committed to using the latest proven technology to reduce costs, raise performance standards, and to provide secure online access to inventory. We utilize BarScan® software for asset management, and O'Neil Software and MoveMagic software for proactive move management.
Financial Strength
The Advance Group is profitable, growing, and financially strong, with over $24 million in revenue.
Labor Harmony
Our 120 direct employee movers are union members. We also employ over 30 union carpenters and approximately 40 warehouse personnel.
Commitment to Green
The Advance Group takes seriously the obligation to maintain and support environmentally responsible policies and practices. We support LEED certified projects.
Strength Through Associations
The Advance Group is a member BOMA, IFMA, and AMSA and over twenty other professional associations and trade groups. The Advance Group (through its Advance Commercial Movers and Molloy Bros. business units) is affiliated with Mayflower Transit in New York and New Jersey.
To Relocate or Not to Relocate, The Decision is Yours
Sometimes making a move can be an extremely difficult decision, especially when it’s your business. Between weighing out the pros and cons, figuring out how your clientele will be affected and estimating cost, moving your business can be a real hassle.
Fortunately, when you do make that decision, we are here to help. With talented project managers ready to serve your needs, you can rest assured that the actual moving aspect of relocation is in good hands. We thrive on keeping stress low and confidence high in what could be a major headache.
Here’s an article that might help when coming up against tough business relocation decisions.
Of course, it’s always wise to do your own research, but we thought this may help get the ball rolling.
Fortunately, when you do make that decision, we are here to help. With talented project managers ready to serve your needs, you can rest assured that the actual moving aspect of relocation is in good hands. We thrive on keeping stress low and confidence high in what could be a major headache.
Here’s an article that might help when coming up against tough business relocation decisions.
Of course, it’s always wise to do your own research, but we thought this may help get the ball rolling.
Welcome To The Advance Group
Anthony Parziale VP of Sales and Marketing tells you whats new for the 2010 year at The Advance Group
The Advance Group does more than move you into the future; it partners with you to create the future.
Sophisticated clients, with increasingly complex projects, demand a partner that shares their high standards, rigid performance requirements, and bottom line orientation. The Advance Group, formed from leading businesses in the commercial moving, office furniture installation, distribution, storage, document management, and employee relocation fields, answers this call.
The Advance Group has over 40 years of broad-based experience, national and international connections for complex moves, the largest talent pool and most experienced management-level team in the industry, and a centralized management operation. Together, these services provide a seamless, cost-effective, and highly coordinated response to your most challenging projects
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