Development Magazine Spring 2013

Perspectives

A Look Ahead: Worth Repeating Spring 2013

Foreign Trade Zone’s Role in Industrial Sales and Development Webinar – December 2012

On why you should use a Foreign Trade Zone (FTZ), “Because today, importers and manufacturers can’t afford to leave $1 million, $250,000 or even $100,000 on the table anymore.”

“In almost no case that I’ve been related to has the developer or landowner been responsible to customs for any kind of issues related to FTZ. It’s not something a landowner, developer or lessor has to worry about in terms of liability.”

In discussing how your development qualifies for FTZ, “Determine if you meet ONE or more of the following: 300,000 feet or more of distribution center space with imports, or $100 million in import value per year, or 1,000 customs entries or more, or you import parts/components and manufacture, assemble or pick and pack.”

“FTZ status is becoming a real factor in speeding up the supply chain, which for many of your customers, is WAY more important than supply chain costs.”

In discussing if the use of an FTZ reduces costs, “The merchandise processing fee savings doesn’t take a year to realize. An FTZ cuts your costs immediately — in the first week. It pays for itself at 250-300 percent ROI in the first year of implementation.” 

From the Archives: Perspectives Articles from the Previous Issue

Chairman Bill Hunt

At Closing - Chapter Involvement Key to Economic Development 

As Bill Hunt completes his year as Chairman, he shares some takeaways from his recent chapter visits. It has been great to witness the chapters successfully addressing, each in their own way, the challenges faced in their markets during these difficult economic times.

group of young people applauding

New Voices - NAIOP 2012 Developing Leaders Award Winners: Cultivating Passion to Build Career Success 

Recipients of NAIOP’s seventh annual Developing Leader Award are enthusiastic about the industry, and it is evident in the success they have attained in their commercial real estate careers. Applications were received from Developing Leaders across North America, and the honorees were chosen by a selection committee consisting of NAIOP members and industry leaders.