HelloFresh, an international meal kit company with offices in New York City and Germany, chose to relocate and expand its operations to Newark, NJ. After a nationwide search, the firm decided to lease a 217,000 square foot distribution space and an additional 20,000 square feet of office space in downtown Newark. The NJ Economic Development Authority estimates the project will yield a net benefit to the state of $4.1 million over 20 years.
HelloFresh is committed to science-based emissions reduction targets. In the US, HelloFresh piloted a new software that optimizes energy use by the refrigeration systems in distribution centers. Refrigeration is the largest electricity consumer in the company’s operating facilities, and HelloFresh is now rolling out the software across all US facilities. HelloFresh US has also sourced renewable electricity for 100% of its facilities since 2020. This was accomplished by procuring renewable wind energy in electric deregulated states and using renewable energy credits (RECs) in these states.
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.
BLS & Co. was engaged by Kuehne + Nagel, a global transport and logistics company, to provide site selection services for a planned new operation and training facility. After a nationwide search, Kuehne + Nagel decided to locate its first-ever Operational Care Center (OCC) and Career Development Program in downtown Detroit. The office will employ nearly 200 people by 2021.
BLS & Co served as site selection and incentives consultant for Omnicom Group Inc. in support of the company’s competitive location decision-making process for targeted functions to be relocated out of New York City.
BLS & Co. advised Omnicom on evaluation of alternative relocation strategies to maximize savings and minimize operational disruption by redeploying selected operations to be co-located with related functions in cities where the company has successful operating experience and excess real estate capacity. Ultimately, the incentives package from the State of New Jersey was sufficient to induce the company to relocate nearly 500 jobs to Jersey City. Omnicom considered locations in Connecticut, Texas, Ohio and Costa Rica before selecting New Jersey.
BLS & Co. was engaged by AbleTo Inc, a behavioral healthcare provider, to provide an incentives strategy for its planned new facility. The company was rapidly expanding, seeking to create new jobs in its technology and software development division with wages over $100,000 annually.
As part of the incentives package, AbleTo Inc., was approved for Excelsior Jobs Tax Credit incentive program for steadily creating new jobs in the state of New York.
BLS & Co. has represented Citigroup on projects throughout North America. We managed the development and implementation of an incentive strategy for two mirror 300,000 sf data center facilities, one in Ohio and one in Texas. The incentives in both locations included real and personal property tax abatements. In Ohio, BLS & Co. structured a unique public financing, including the creation of a Port Authority.
BLS & Co. advised Gartner on a headquarters location and incentives strategy, enabling the renewal of its lease in Stamford, Connecticut. Our firm secured incentives, utilizing the Urban and Industrial Site Reinvestment Tax Credit, DECD direct assistance, sales tax exemption and property tax abatement.
BLS & Co. also conducted a comprehensive evaluation of location options in multiple markets, including Columbus, GA and Jackson, MS, to accommodate Gartner’s growing space requirements for their operations in Ft. Myers, FL. Gartner ultimately decided to lease a newly constructed 120,000 sf facility adjacent to its existing building in Florida.
Our advisory services in Stamford resulted in...
Our evaluation in Florida resulted in...
BLS & Co. and its energy services affiliate Sugarloaf Associates conducted a thorough review of Florida Power & Light’s 35-county territory to pre-qualify sites for data centers and mission-critical facilities.
Initially, four diverse sites were selected. The sites offer a unique combination of factors desired by today’s mission critical and data center operations, including highly reliable and redundant power and fiber infrastructures, competitive cost structures, and locations insulated from manmade and natural risks.