Eby-Brown engaged BLS & Co. to provide incentives advisory services for a new distribution center/warehouse facility to service customers in the Midwest and Mid-South regions of the United States.
The company short-listed locations in Kentucky and Indiana, and BLS & Co. secured competitive incentive offers for locations in both states. The company selected a location in Shepherdsville, KY to construct a 300,000 SF build-to-suit lease-back facility.
BLS & Co. secured an incentives package for Eby-Brown, a wholesale distributor for the convenience store industry. The company engaged BLS & Co. to provide incentives advisory services for a potential relocation to Indiana or Tennessee from its awkward, outdated layout in Naperville, IL. The company ultimately elected to remain in the Chicago area, securing a new, state-of-the-art space in Naperville.
Our advisory services in Kentucky resulted in...
Our advisory services in Illinois resulted in...
Panasonic's North American headquarters in Secaucus, NJ no longer met the company's objectives for talent, energy efficiency and branding.
BLS & Co. was engaged to evaluate multiple destinations for the headquarters, both in the NY / NJ metro area as well as locations in CA, IL and GA where the company has surplus real estate capacity.
BLS & Co. was successful in securing a package of state and local incentives in connection with Panasonic’s decision to anchor a new Class A office tower in downtown Newark, including an Urban Transit Hub Tax Credit award and local grants through the Redevelopment Area Bond program.
Panasonic now occupies 10 floors of the 12-story building at Two Riverfront Plaza, Newark’s first new office building in more than 20 years. Designed to achieve Leadership in Energy and Environmental Design (LEED) gold certification for new construction and LEED platinum certification for interiors, the project is bringing 1,000 new employees into Newark’s downtown, and provides the catalyst for development of new retail, hospitality and other amenities in the city’s central business district.
CoreNet Global recognized the Panasonic project team with a 2013 Economic Development Leadership Award for spurring economic development, investment and employment in the Brick City.
BLS & Co. crafted land use and community engagement strategies to assist Hercules with the disposition of 2,100 acres of brownfields in New Jersey. The engagement involved strategies to reposition and/or redevelop four sites on a portfolio basis, quickly enabling sale of the most market-ready property to generate the resources needed to pursue the redevelopment potential of the longer-lead sites.
BLS & Co.'s efforts focused on an affirmative, inclusive community/intervenor strategy to define the benefits associated with redevelopment, including demonstrating the fiscal and economic impacts of a market-based approach to re-use of the sites. BLS & Co. also managed an RFP process to identify and select the most qualified bidders for the sites, then managed the transaction that resulted in the sale of a 100-acre property in Burlington, New Jersey which has since been redeveloped with over 1 million square feet of modern warehouse space.
BLS & Co. secured an incentives package for Nestlé Waters North America Inc, relocating its North American headquarters from Greenwich to Stamford, CT. The Stamford location meets the U.S. Green Building Council’s Leadership in Energy and Environmental Design® (LEED) standards for green buildings.
To help fund the project, BLS & Co. secured an incentives package comprising of low-interest loans, state tax credits and tax exemptions.
BLS & Co. worked with the Philadelphia Inquirer to secure an incentives package for the retention of its headquarters in Center City.
BLS & Co. was successful in restructuring the RCAP incentives program as well as securing low interest rate financing through Philadelphia Industrial Development Corporation.
BLS & Co. secured an incentives package for AeroFarms for its headquarters and R&D operation on a three-acre site in Newark, NJ, developed by the RBH Group. AeroFarms is the largest indoor aeroponic farm in the world, growing up to two million pounds per year of leafy greens in a safe, sanitary and environmentally controlled facility.
BLS & Co. serves as location and incentives advisor to biotechnology industry leader Genentech, the South San Francisco-based member of the Roche Group. Genentech develops, manufactures and commercializes medicines to treat patients worldwide with serious medical conditions. During our most recent engagement for Genentech, BLS & Co. managed a nationwide search for a second location for their Access Solutions Patient Service Center. Access Solutions employees help patients understand their insurance benefits; find ways to help those who cannot afford their Genentech medicines; and work with doctors and pharmacists to deliver medicines to patients. With the advice and guidance of the firm, Genentech selected Portland, OR for this mission critical operation, which opened for business in May 2019. The new Portland Patient Access Center employs approximately 175 full-time specialists and an almost equal number of contingent employees during the peak insurance benefit open season. The firm also advised Genentech on an Oregon Business Retention Program (BEP) grant and various market-entry strategies.
Subaru, which had outgrown its space in Cherry Hill, NJ, hired BLS & Co. to evaluate locations for a new ground-up headquarters and service engineering center. After considering sites in New Jersey and Pennsylvania, the firm chose to locate adjacent to the Campbell Gateway District in Camden, NJ.
BLS & Co. provided incentives advisory services for SKF USA Inc.’s new Global Technical Center – Americas (GTCA), an engineering research and development center supporting SKF’s North and South American manufacturing operations. Naperville, IL -- a suburb of Chicago – was chosen for the 130,000 square foot build-to-suit facility.
BLS & Co. and its energy services affiliate, Sugarloaf Associates, identified nine "Data Center Qualified Sites" for American Electric Power (NYSE: AEP), one of the nation's largest utilities. After a comprehensive review of locations across AEP's 11-state territory, BLS & Co. qualified sites with reliable and redundant power supply, strong fiber networks, low disaster risks and a business-friendly climate.
The team designed a three-phase evaluation process that analyzed the electric supply and capacity, access to long and short-haul fiber providers, water availability, electric costs, tax exemptions and incentives, demographics, vendor/supplier networks and the ability to complete construction within 18 months.
As an extra step, a third-party engineering company, Intelligent Building Systems (IBS), modeled each site's ability to accommodate a 100,000-square-foot raised-floor data center designed to current industry specifications.
BLS & Co. was engaged by Mead Johnson Nutritionals, following its spinoff by Bristol-Myer Squibb, to advise the company on the choice of destination for its new executive offices.
BLS & Co. managed a multi-market comparative analysis in North America that ultimately resulted in the relocation of the company's leadership tier to a new Class A office space in Glenview, IL (suburban Chicago).
The firm also secured an EDGE grant from the State of Illinois to reduce the costs and help manage the risks associated with the redeployment.
Prudential employs more than 4,800 people in the City of Newark where the Company occupies more than 1.8 million square feet of space. With several of its leases in the City set to expire the Company commenced a comprehensive evaluation of its Newark occupancy to identify the optimal location strategy.
BLS & Co. advised Prudential on the role of incentives in its overall location strategy, and ultimately secured approval of an Urban Transit Hub Tax Credit award in support of the construction of a proposed new facility and the creation of new high-compensation positions. The project, which will result in a redevelopment of an entire city block, represents the single largest project in Newark in a generation.
BLS & Co. has represented Barr Pharmaceuticals in connection with multiple relocation and expansion projects in New Jersey. BLS & Co. secured incentives for the relocation and growth of its corporate operations from Pomana, New York to Woodcliff Lake, New Jersey.
Later, Barr relocated its Woodcliff Lake operations into a larger built-to-suit facility in Montvale, New Jersey and committed to the growth of additional jobs. BLS & Co. secured additional incentives for this project.
BLS & Co. served as incentives advisor during the relocation of the headquarters of CPG International from Skokie, Illinois (part of the Chicago MSA). Complicating the move was the need to move the C-Suite to the new location in advance of the rest of the headquarters staff, necessitating the potential for staged growth, potentially in multiple locations. Other locations considered included downtown Chicago and Cincinnati, OH.
BLS & Co. represented Fanatics, the leading sports merchandise licensing and ecommerce company, in siting its second fulfillment and light manufacturing center in Frazeysburg, Ohio. The company was experiencing rapid growth, but had continued to process all of its orders from a single fulfillment center located in Florida. In order to maximize efficiency and lower costs while maintaining Fanatic's commitment to fast and reliable delivery, the Company sought to expand its fulfilment network.
During an approximately 6-month engagement, BLS & Co. conducted a comprehensive, multi-state site selection effort focusing on such factors as available real estate, ability to attract and retain labor, comprehensive cost modeling, and incentives. BLS & Co. then helped the company secure an Ohio Jobs Creation Tax Credit and a forgivable equipment lease financing.
BLS & Co. was engaged to advise Burlington Coat Factory (BCF) as part of a competitive location decision-making process for the location of the company’s headquarters. BCF considered locations within New Jersey and Pennsylvania.
BLS & Co. secured an incentive package from the State of New Jersey consisting of Grow NJ tax credits and an exemption from sales tax on construction materials and equipment purchases.