The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.
Talk to us
Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.
Contributors
Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.
C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.
John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.
Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.
- All
- Aerospace (1477)
- Banking (179)
- Commercial Real Estate (145)
- Consumer Alert (28)
- Downtown Tacoma (225)
- Economic Development (273)
- Employment/Workplace (283)
- Food (32)
- General (1920)
- Labor (178)
- Port and trade (275)
- Residential Real Estate (77)
- Restaurants (145)
- Retail (63)
- Shopping (320)
- Technology (133)
- Tourism (742)
- Your view (7)
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
|---|---|---|---|---|---|---|
| << < | Current | > >> | ||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
- October 2009 (59)
- September 2009 (83)
- August 2009 (109)
- July 2009 (98)
- June 2009 (107)
- May 2009 (108)
- April 2009 (124)
- March 2009 (100)
- February 2009 (95)
- January 2009 (112)
- December 2008 (100)
- November 2008 (101)
- More...
XML Feeds- preserve
- benramm
- CustomScoop
- MrSinister
- artman77
- Dirtdawg
- Guest Users: 397
LAS VEGAS – What happens in Vegas – at least for this one week a year – doesn't stay in Vegas. Instead, it floods back to Dubai; Lebanon, Tenn., and, perhaps, University Place, Wash., in new shopping centers big and small.
"We are here to do business and make money…the ultimate element is to make money," said Michael Greeby, vice president of The Greeby Companies, a development management consultant from Chicago.
He ain't kidding. The first wave of an eventual 45,000 retailers, commercial real estate brokers, property developers, city governments and financiers arrived today to start making the contacts and writing the contracts.
During this annual conference of the International Council of Shopping Centers, approximately 25 percent – one in four – of the retail real estate industry' shopping center leases are signed or conceived during this convention.
That explains why South Puget Sound brokers from First Western Properties, GVA Kidder Matthews, CB Richard Ellis, Neil Walter Co., Colliers International, Cushman & Wakefield – and probably more I'm missing – hit town Saturday.
A contingent from University Place, including the mayor, council members, staff and a team from the city's new private development team, hope to ink some deals to secure retailers, a hotelier and restaurants for their town center project.
The convention center here, just off The Strip and adjacent to the Hilton Hotel, has dedicated 2 million square feet of space on multiple levels of four buildings for corporations in the development game to showcase their projects from around the globe – 55 countries on five continents, if you want to get specific.
If you can't put 2 million square feet into a mental picture, imagine the equivalent of more than 33 Greater Tacoma Convention & Trade Centers.
Here's a breakdown of the attendees here by category:
Shopping Center Owners/Developers 42 percent
Retailers 32 percent
Financial and investment Institutions 10 percent
Economic Development Agencies and Municipalities 6 percent
Architects/Design/Construction 5 percent
Suppliers 3 percent.
Journalists fall in the "Other" category at 1 percent.
I hope you can see why Las Vegas matters.
Despite its great success around the world, until today Boeing had yet to win an order for its 787 Dreamliner from a Mideast airline.
That order drought ended with an order for two 787s today from Royal Jordanian Airlines. Royal Jordanian said it will likely order two more 787s before the year is out and lease eight of the Dreamliners from an aircraft leasing firm.
The 787 has been rumored to be on the short list of such major Mideast airlines as Emirates, but those airlines have been playing Airbus and Boeing off each other and haven't yet given the 787 a firm nod.
Royal Jordanian will accept delivery of its first 787 in 2010, a date which indicates that either the first 787 will be among those ordered by a leasing company or that the airline has persuaded Boeing to squeeze out one more 787 from its supposedly sold-out order book.
