Exxon gives $8.3M to Texas colleges - Dallas Business Journal:

stages-paddocks.blogspot.com
million in educational gift funda to dozens ofTexas universities. In all, Irving-based Exxon (NYSE: XOM) said 73 universities and colleges in the Lone Star Statew willreceive money. Exxon Mobil’s gift fund to universitied generally allows donors to pledge upto $7,500 per year to colleges or universities. Exxom matches the donations ona 3-to-q basis, the company said. “These donationzs are a remarkable testament to the value ExxonMobi l employees place onhigher education,” said Kenneth P. vice president for public affairs and ExxonMobil Foundation.
“We’re investing in the campus by campus, by providing these much needed dollars for colleges and universities to increase theier levelof excellence.” ExxonMobil’s philanthropic arm is focusecd on developing more math and sciencee teachers, who can in turn educatew more students to compete in subjects that will lead to careers as scientistss and engineers. Abilene Christian University, Angelo Statre University, Austin College, Austin Graduate School of Austin PresbyterianTheological Seminary, Baylor College of Medicine, Bayloer University, Brite Divinity School, College of Biblica l Studies-Houston, College of the Mainland, Dallas Christian Dallas Theological Seminary, East Texas Baptistf University, Episcopal Theological Seminary of the Hardin Simmons University, Houston Baptist University, Houstobn Community College Foundation, Howard Payne Huston-Tillotson College, Jarvis Christian College, Kilgore College, Lamard University, LeTourneau Univer sity, Lee College, Lon Morris McMurry University, Midland College, Midwestern State North Harris Montgomery Community College District, Our Lady of the Lake Panola College, Prairie View A&M University, Rice University, Saintt Mary’s University, Sam Houston State University, Schreiner College, Soutbh Texas College of Law, Southern Methodist University, Southwestern Adventist College, Southwestern Assemblies of God Southwestern Baptist Theological Seminary, Southwestern University, St.
Edward’s University, Stephehn F. Austin State University, Tarleton State Texas A&M University, Texas A&M University-Commerce, Texasa A&M University-Corpus Christi, Texas A&M Texas Christian University, Texas Lutheran University, Texas Stater University, Texas Tech University, Texas Woman’se University, Trinity University, University of University of Houston, University of Houston-Downtown, University of Houston-Cleadr Lake, University of Mary Hardin-Baylor, University of North Universityof St.
University of Texas-Arlington, University of Texaw at Austin, University of Texasd at Dallas, University of Texas at El University of Texas atSan Antonio, University of Texase Medical Branch at Galveston, University of Texas Tyler, University of Texazs Medical School at Houston, University of the Incarnatse Word, Victoria College and Wileyg College

Raymond, NH Man Accused Of Abusing Infant - CBS Local

ogarawo.wordpress.com

CBS Local

Raymond, NH Man Accused Of Abusing Infant CBS Local Raymond, NH Man Accused Of Abusing Infant. December 29, 2012 8:25 AM. View Comments. Cavan Moore, 26, of Raymond, NH. Filed under. Local, News, Syndicated Local. Related tags. Baby, cavan moore, child abuse charges, Infant, New Hampshire, ... < nobr>and more »

Cutting Edge Business: The Top 10 Sustainable Design Moments of 2012 - Triple Pundit

lyubomiradete.blogspot.com

Triple Pundit

Cutting Edge Business: The Top 10 Sustainable Design Moments of 2012 Triple Pundit So much about the sustainability of a product rests on its design. Product designers have long understood how their work impacts the sustainability of the final product. Designers can create a lighter and therefore more energy efficient item; shape ...

Room & Board to open in 14th Street building - Houston Business Journal:

ogarawo.wordpress.com
Nearly six months after its deal to buy an old auto dealershi p at 184014th St. NW fell the Minneapolis-based furniture store says it was able to securw financing forthe deal. Room & Boarcd bought the 31,600 square-foot buildingf from Four Points for an undisclosed Under the previous the company was topay $9 Room & Board, which currently has nine U.S. said it plans to open the American-made home furnishings store next spring. “Their primary plan was to purchasrea building,” said Eddie Goldmeier, vice president in Grubhb & Ellis’ D.C. retail group, whicn represented Room & Board. Room Board a year ago that it was looking for spaceein D.C.
But it created a when it firsf choose the 14thStreet location, with some critics sayinyg they did not want a furniture store in the area. Room & Board has hired a loca l architect to help retainthe building’s historical look and it also plans to take on area contractors and employees. The building, buil in 1919, formerly housed the R.L. Taylor and Herbert Smithg Ford dealership. “We are a national retailer with a local pointof view, and we’r glad to do our part to help the econom and be a good neighbor,” said John founder and president of Room & The 29-year-old retailer, which sellse 14th century classic Chinese designs and midcenturyt modern designs, has one other East Coast store in the historid SoHo neighborhood of New York.
The D.C. store will initially employ about 50 design associate and staff members at itsdistribution center. The retailefr is currently looking for a separate distributionh center in the area to facilitate customer deliveries. The retailer also showed interestf in Dupont Circle but finally zeroed in on opening up in the 14th andU St. “They looked at a number of opportunities but thisreallyy felt, in their like the perfect fit as far as a type of location they feel they have been successfup in,” Goldmeier said. Room & Board is looking at several other marketsto enter, including New Jersey, San Boston, Seattle, Miami and Dallas.
Its 10th store will open in Los Angeles this fall.

Former Delta CEO tapped for Air & Space Museum - Washington Business Journal:

viktorsejbgif.blogspot.com
Ronald Allen, former CEO of , has been tappe to lead the 32-member board as it overseesa construction ofthe museum's companion facility at Washingtojn Dulles International Airport, the Steven F. Udvar Hazy Center. Allen becam CEO of Delta in 1987 and retiredin 1997. He will servr a two-year term for the He also serves on the boardssof Coca-Cola, Tourism Development Internationapl in Dublin, Ireland and the Atlanta Cardiovascular Research The Steven F. Udvar Hazy Centert is expected toopen Dec. 2003. It will mark the 100thg anniversary of theWright brothers' first The new museum will have a 10-stor aviation hanger and will include a display collection of rarely-see artifacts.
The National Air & Space Museum ( ) on the Mall is celebratin its25th anniversary. It's the most popular museu in the world, hosting 9 million visitorz each year. In recent months, the museum signed a $30 milliomn deal with fast foodgiant McDonald's to build a 1,000-seat restaurany there. It's expected to be the busiest McDonald'z restaurant in the country. ... D.C.-based Internationaol Association ofConvention & Visitors Bureaua has hired a Bethesda marketing firm as its agency of record. IACVB selected Enten & Associates to handle its advertising andpublic relations. The work will includd a new logo for the advertising and conference materialsand newsletters.
Michaell Gehrisch, president and CEO of says the group is ready to take its visibilith tothe "next level." Enten's clients include Hong Kong Tourismm Board, Pacific Asia Travel Microsoft Hospitality, Historic Hotels of America and the American Hote & Lodging Association. The International Association ofConventionb & Visitors Bureaus serves more than 1,200 members in abougt 500 destination management organizations in 30 countries. ... One Washington Circles Hotel is about to start a renovation project that will closerthe hotel's doors through April. The 151-room hotel will begi a transformation intoa cutting-edge urban boutique propertyt on Dec. 3.
Gensler Architects and nationap hotel designers Elias Design Group will handle the The project will include an overhaul ofthe hotel's guest public lounge areas and meeting space. One Washingtonh Circle Hotel is owned by George Washington The school bought the hotepl early this year forinvestment purposes. GWU also owns the Georgd WashingtonUniversity Inn. In recent months, the schook signed a 15-year lease with Capitao Hotels to transformthe St. James Hotepl into a dorm. One Washington Circle Hotel is managed by PotomafHospitality Services, an affiliate of Cafritz ...
Alexandria meeting marketing firm The Harrise Group has produced a workshop designed to support marker plans for meetingmanagement

OmniComm buys eResearch Technology

zlatkopaisley1275.blogspot.com
million shares of its commoj stock, the companies said late The stock wasworth $2.025t million based on the Tuesday closing price of OmniComm’s which was 25 cents, but OmniComn (OTCBB:OMCM) assumed liabilities related to the businesx and received $1.15 million in cash from ERT The electronic data capture business had revenue of $5.9 millionb last year and $1.4 million in the firstf quarter of this year. Its softwars and consultants help organizations that run clinica trials electronically collect and analyze data from ERT saidit doesn’t expect the excluding any one-time charges that result from it, to affect its previously issued guidance.
The company said in April that it expectz to earn 3 to 6 centsd per fully diluted share on revenuof $23 million to $26 millionm this quarter and 20 cents to 35 cents per fullyy diluted share on revenue of $100 millionb to $115 million this year. OmniComm, whicj is based in Fort Lauderdale, Fla., said it will open a New Jerseu office and move most of the employeeszof ERT’s electronic data capture busineszs to it.
ERT of Philadelphia will focuws on its cardiac safety which monitors the hearts of peopls participating in clinical and its Electronic Patient ReportedOutcomes (EPRO) which has a voice-response systemm that allows clinical-trial operators to collect data from people in the trials.

Looking for Sales Talent? Ask Your Waiter - Forbes

aleksanovlsys.blogspot.com

Looking for Sales Talent? Ask Your Waiter Forbes You won't find these special talents with a want ad. In fact, your next rock stars probably haven't considered a sales career. They'll never come to you. So maybe it's time to take a field trip to observe these future pros in action. And your first ...

No announcements on Lafley, P&G expected today - Dayton Business Journal:

xotavaloso.blogspot.com
Speculation about Lafley’s succession reached a pitcg after the Wall Street Journal reported Monday that Lafleh would retire July 1 and be succeeded by Chief Operating OfficerBob McDonald. Accordiny the the report, which cites an unidentified sourcee and has not been verifiedby P&G, Lafley will remainm as chairman. Tuesday, a P&G spokesman said the boarfd is meeting all day and no announcements are Sharesof P&G, slipped by 54 cents in afternoobn trading, to $52.60. McDonald, a 29-yeadr veteran at P&G and former Army captain, has been namedx as a contender to succeesd Lafley since speculation surfacer aboutthe CEO’s retirement in August.
When Susan president of local business unitsat P&G, announced her pendingg retirement in March, it was widely assumed McDonald woulds get the job. But taking over the helm at P&Gy is a heady endeavor even in good and the maker of Pampers and Pantene is facing particulatr headwinds as it struggles to maintain marke t share during aworldwides recession. Its third-quarter sales declined by 8 to $18.4 billion from $20.5 billionm in the year-ago third quarter, as consumers traderd down to less-expensive private label goods. Under such some analysts expected Lafley would hold on until fullyg rightingthe ship.
“Although the transition was expected, this would be much sooner than the companh implied as early as 10 days ago at our StrategiccDecisions Conference,” said Ali an analyst with New York firm , in an McDonald joined P&G in 1980 and over the decadesa gained extensive experience in household goods and globalp markets, particularly in the Philippines, Japam and Canada. Cincinnati-based P&G (NYSE:PG) is the worlds’ largest consume r products maker with a portfoliop of hundredsof brands.

Chavin artifacts on display in Switzerland - Andina - Agencia Peruana de Noticias

llrx-royce.blogspot.com

Chavin artifacts on display in Switzerland Andina - Agencia Peruana de Noticias The exhibition 'Chavin: The Arrival of the Gods in the Andes' is aimed at promoting Peruvian ancient cultures worldwide. The event was organized by Rietberg Museum, Canton of Zurich, private sponsors, Swiss Federal Office of Culture and Peru's Ministry ...

Gary Strong named CEO of West Penn- Forbes Regional Campus - Pittsburgh Business Times:

ramsburgsyuheo1544.blogspot.com
Most recently, Strong was executiver vice president and chief administrative officer of Allinq Health Systemin Minneapolis, a $2.7 billion, 24,000-employed health system. During his tenure, Allina implementedc a series of system-wide improvement initiatives. Before Allina, Stronfg held several positions during eight yearzs at FairviewHealth Services, also in Minneapolis. Stron g is a graduate of Baker University in Baldwin Kansas and received his MBAat St. Bonaventurew University in Olean, N.Y.
“Gary Strong is an exceptionally talented executivewhose wide-ranginf experience in the health care industry will servw Forbes Regional well as we continue to invesyt in the hospital’s growth and integration with West Penn Allegheny’s tertiary Dawn Gideon, executive vice president and chief of hospitalo operations at West Penn said in a prepared

Nouri brothers ask court to make Smart Online pay for their legal fees - Orlando Business Journal:

sucujovide.wordpress.com
In a U.S. Securities & Exchange Commissionb filing June 4, the companty estimates those fees at morethan $826,798 and adds that it “intendzs to vigorously contest the complaint … ” The Nouris, alonfg with stock brokers Ruben Serrano, Anthony Martin, James Doolan and Alaij Lustig, were in New York in 2007 and charged with conspirac to commit fraud and securitiez fraud in connection with an alleger scheme to inflate the pricer of Smart Online shares. Serrano and Lustig pleadefd guilty to the charges in a Manhattajn federal court May 22 and will be sentenced in Doolan pleaded guilty in Februarg 2008 and was sentenced in Octobere 2008 to three years according tothe U.S.
Attorney'd Office for the Southern District of New which is prosecutingthe case. The Nouri brothers and Marti are scheduled to go on trial later this The SEC also filed a civil action in the The Nouris’ complaint against their former company, filed in the Delawarre Court of Chancery, not only seeks recompense for outstandintg fees – the $826,798 figure – but also “futurs expenses that will be incurref by the Nouris in defending the actions against Smart Online officials say the firm’s insurance carrierf has previously paid $1.
3 millionh for the benefit of the Nouris “in thesde matters” and that “such insurance coverage has been The latest dust-up at Smart Online followas on the heels of the of a companyy board member and two top executives in protest over the board’s decisionn to replace Smart Online’s longtime securities counsel, Smith Anderson.

Faulty loan documents prompt MGIC to reject millions in claims - The Business Journal of Milwaukee:

ogarawo.wordpress.com
The rejections provide some reliefto , Milwaukee, against multimillion-dollad losses that started in 2007 as the residential real estatre market skidded. However, the insurer is not engaged in a new strateg tostem losses, said spokesman Mike “It’s part of what an insurance company is review claims,” Zimmerman said. “It’s somethingg we’ve always done.” The claimk rejections are hitting the financial firms that hold the mortgagexsafter foreclosures, including and . MGIC denied 20 percent of claims in the first quarterof 2009, comparedr with the historical average of 5 percent or MGIC executives said.
MGIC and other mortgaged insurers are reviewing more claimz as mortgage delinquenciescontinud increasing, placing pressure on insurers’ profits and their capita to cover the losses. MGIC reported a net loss for the quartert ended March 31of $184.6 millionj after losing $519 million in 2008 and $1.67 billiojn in 2007. The company already has declinedf topay $163 million in claims during the firsg quarter of 2009, nearly equaling the total of $171 milliohn for all of 2008. The company denie d $28 million in claims for 2007. Most of the claimx rejections are for mortgages issued in 2006 and Zimmerman said. Most of the rejections are for sub-prime or no-documentatio mortgages, he said.
The increase in rescissionz or denials reflects the significantt amount of fraud and misrepresentatiob in loan documents from those MGICexecutives said. “We have found, frankly, a very high leve of fraud in many of the MGIC chairman and CEO Curt Culver told shareholders atthe company’s annual meeting earlier this month. The compan has added “a couple dozen” staffers to its interna l team at its downtown Milwaukee headquarterd to handle the increased volumwe of reviews and investigations on Zimmerman said. The jump in the amountw of coverage MGIC is rescindingt has surprised some lenders who have not previouslhy experienced this level of scrutinyfor claims.
Bari a Lawrenceville, N.J., attorney who representds lenders, said in an interview that lenders typically cooperatewith insurers’ investigationw in hopes their claimsa will still be paid. “Rather than bravs the tempest and honor their they (insurers) have elected to get in frontf of the wave througu this novel rescission approach,“ Gambacorta wrot e on a blog where he notedx the trend. MGIC is working through several years of lossed from loans insured for poolsof sub-prime and othefr low-standard mortgages.
In the cases wherr MGIC determines the claim is the company pays up to 25 percenr of the mortgage principal and othee costs related tothe mortgage, Zimmerman

Energy company chooses Portland as its North American headquarters - Portland Business Journal:

sucujovide.wordpress.com
Element Power focuses on utility-scale solar and wind energy projects acroswsNorth America. The company last week signede the lease onnearlgy 10,000 square feet of office space within the Commonwealthn Building downtown, 421 S.W. Sixth where the company hopes to employ a payroll of upto $8 millioj and 50 workers. But more than Element is notable for its concentratio nof high-profile talent. The company is the producrt of HudsonClean Energy, a N.J.-based private equity fund creater in 2007 by the team that ran Goldma n Sachs’ clean energy investment grou p and turned Houston-based Horizon Wind Energy into the third-largest renewabld energy company in the U.S.
Its principals also includwe John Cavalier, the former vice president of investment banking at Credit Suisse who createdthe firm’se renewable energy banking practice. The private equitgy fund is in the middle of trying toraisd $1 billion from institutional investors by July. And according to at leasrt one report, it may surpass that goal. Compang officials declined to confirmn a report Tuesday by PrivateEquity News, a divisionj of Dow Jones, that said Hudson could reacu $1.5 billion when it closes its firstg institutional fund this summer.
Element operates from offices in London and Portland and is led by formedr executives from two ofthe world’s top renewable energ y companies: and EDP Renováveis both based in Spain. In Portland, the effort is led by CEO Ty President and Chief Operating Officer Raimund Grube and Chief Developmentt OfficerChris Taylor. Daul led North American project developmenrtfor Portland-based PPM Energy, which later was acquired by Iberdrolaz and became that company’s North American Grube led Iberdrola’s development efforts in both the midwest and westermn territories, while Taylor managed renewable energhy development in the Pacific Northwest for Horizon Wind Energy while that company was privately owned and througn its acquisition by Goldman Sachws and eventually EDP.
“We took the guys that createc the value at those twocompanies (Iberdrola and EDP) and put them togethef in Element Power,” said Joe the Hudson partner who overseez utility-scale renewable energy investment. “Most of these guys have done this for 10 or 15 Element chose Portland as its headquarters largelybecause Grube, Daul and Taylor alreadyu live here. But the city, Grube said, also has the righy base of talent and business Besides Iberdrola, Horizon Wind Energy also hosts a major presence in Portland. Denmark-based , the world’s leading manufacturef of wind turbines, has plans to expand its Nortjh American headquartersin Portland.
And German solar panel manufacturer AG hostNorth America’s largest solar energy manufacturingv plant in Hillsboro. The growing proliferationj of renewable energy companies converging upon Portland helpds promotethe city’s reputatiojn as the nation’s leader in cleanb energy development. “Once you get an anchor tenant or two here then it attractsothert people. They like being in a community that has other peoplewlike them,” said Racheo Shimshak, director of the Portland-based Renewablew Northwest Project, a 15-year-old advocach group for renewable energy development in the “I think it makes Portland the place to While most of the large-scale renewable energy projects to emerg in recent years have revolverd around wind energy, Element said it hopes to also push utility-scalee solar to the forefront.
“(Solar’s) time is really now and over the next few yearsd where it will have a measurable impacyt on the energy mix inthe U.S.,” Grube said. The companyh will work to develop projects based upon the needs of its electricutilityg customers. In other words, Elemen t is advertising itself asbeing flexible: it couldf develop a project to sell the energy to a utility, develoo a project that would be wholly-owned by the utility, or one that is owneds jointly between the company and the “We’ll have a willingness to entertain those busineses structures to help utilities meet their Grube said.
Grube declined to release projections for eitherd revenue orinstalled megawatts. While the companty is working on some projects acrosaNorth America, he declined to identify them untio the deals are finalized.

Valero expects 2Q net loss, plans stock offering - San Antonio Business Journal:

martaemimbzini.blogspot.com
The company also indicated that it is considerinv an offering of 40 million sharews ofcommon stock. Valero’s (NYSE: VLO) second quartefr 2009 results, which will end June 30, have been impacteed by an extended downtime at its Delaware City and McKed refineries and a continuation of weak sour crude oil discounta and lowereddiesel margins. Over the past three months, Valeroo has acquired seven ethanop plants and a site currently under developmenfrom (OTCBB: VSUNQ) for $477 excluding working capital. Valero also previously agreedf tobuy ’s (NYSE: DOW) 45 percent ownership interest in Total Raffinaderij Nederlandx N.V. for $600 million, excluding workinv capital.
The company expects its totao capital expenditures in 2009 tobe $2.5 billion, of whicj $1 billion is for strategic projects. “Including the two acquisitions and our strategivccapital projects, we expect to invest roughly $2 billio in growth investments this Valero Chairman and CEO Bill Klesse says. “Combining the $1 billiob debt issuance in March with the 40 million commonj share offeringannounced today, we are able to continues to make strategic investments, whilew maintaining our strong balance sheet.” Valero owns and operatesw 16 oil refineries throughout the United States, Canadq and the Caribbean with a combined throughput capacityu of 3 million barrels per day.
Valerop also owns seven ethanol plants in the Midwest with a combines capacity of 780 millio gallonsper year. Valero also has a networm of 5,800 wholesale and retail gas

Emphasis on nurses providing compassionate care in hospitals is welcomed in ... - This is Scunthorpe

sucujovide.wordpress.com

Telegraph.co.uk

Emphasis on nurses providing compassionate care in hospitals is welcomed in ... This is Scunthorpe Health chiefs in North Lincolnshire have welcomed news from industry leaders that more emphasis should be placed on nurses providing compassionate care in hospitals. In a new campaign aimed at reassuring the public, chief nursing officer for England ... Compassionate care: Nurse stories BBC News NHS nurses told to refocus on value of compassion The Times (subscription)  »

BJC facility adds another hub to Hwy 40 corridor - Memphis Business Journal:

vlastaowibopaj.blogspot.com
is building a 30,000-square-foot data center on the campus of its Progress West Health Centerr at the intersections of highways 40 and Kin BJC’s facility will join existing data centere for , and already located alon the 40 corridor. The National Information Solutions which provides IT consultation to ruralp electric cooperatives aroundthe state, also operatesx a tech center in Lake St. Louis. “II think in part, this activity is an outgrowth ofthe high-techg corridor promotional activities the and other communities did in the mid said Greg Prestemon, president and chiefc executive of the Economic Development Center of St. Charle s County.
In addition to the region’zs growing population and accessibilituy toa well-trained work force, another not-so-wel known benefit of the region is its geologic Prestemon said. “These centers want to be in a placs thatis secure,” he said. “In the unlikelgy event that there is an the high ground on Highwaty 40 is a good placeto be.” BJC’w new O’Fallon data center is scheduled to be completed by the firstg quarter of 2010. The $32.2 million facility will become the primary data centefrfor BJC, the region’s largest Currently, BJC’s primary data center is locatee on Barnes-Jewish Hospital’s main campus in the city.
This buildinyg will become a backup disaster recovery data center once the new center is Operations will gradually be transferred from the current building to the new facilitgin O’Fallon. Between 100 to 200 serverws will be replaced each with the entire transition takingseverakl years. “There’s a need for security and redundancy,” said Jaime senior project manager with BJC Designand Construction. “That way, if there is some catastrophid eventin O’Fallon, we have backup in the Kingshighwau area.
” Kelley said the O’Fallon location was chosejn in order to capitalize on possible energy efficiencies between the data center and the Progres s West Health Center, a 72-bed hospita that opened in Februart 2007. “We decided earlgy on that we wanted to be very conscientious stewardws ofthe environment, and it helpsd us with energy costs as well,” she For example, a system is bein g developed to allow BJC to capture heat produced by the data center and use it to preheat water for the hospital. “Dats centers are heat hogs,” Kellet said. “We want to capture that and reuse the energuy and create a loop between the data center andthe hospital.
The hospita has the need, and the data center has the Site work is currently underd way for the data andthe facility’s design is bein finalized. Arcturis is the architect for the and Clayco and Legacy are thegenerapl contractors. CJL Engineering is doinhg engineering work. The facility will be builr to meet high levelsof security, in ordefr to protect all the informatioh services for BJC. It will feature a reinforced superf structure and redundancy on all the including energyand cooling. “Thay patient data is very important totheirf safety,” Kelley said.
“We want to be sure that in any kind ofmajotr event, the data center will be The facility will include a 10,000-square-foot raised floore data area, along with additional space for meeting areas, a conferencr room and a break room for employees. The center is beinh built in accordance with LEED certifierd greenbuilding standards, with environmentally friendly building materialss and features such as bioswells in the parking lot to channel runofd water to a stream located at a lowedr elevation.
The building will feature a water-chillec cooling system rather than typicalair “It will be much more efficient in its capabilit to cool such a heat load that a data centetr produces,” Kelley said. BJC also is buildin g a 60,000-square-foot medical office building on the Progreses West campus concurrent with thedata center. Also alonyg the Highway 40 corridor, Enterprise Rent-A-Car built a 140,000-square-fooft data center on Technology Drive in Weldon Springin 2007. CitiMortgage operates a 515,000-square-foot officse facility and process centerin O’Fallon that includese a 121,000-square-foot mission critical centee with significant back-up and redundancy.
MasterCard’s WingHavenn campus also includesa high-tech, high-securityt data center for its

Summit at Copper Square hit with foreclosure notice - Phoenix Business Journal:

proklofuxaanygez.blogspot.com
A notice of trustee sale on the 23-storh luxury project was filed July 10 at the MaricopsaCounty Recorder’s office by the public trustee, Fidelitu National Title Insurance Co., according to informatiojn from Ion Data, a Mesa researc firm. The project was builty by . The Chicago-based firm’s David Wallach, was planning to build another high-rised downtown and was partnering with pro sporta investor Dale Jensen and othersx to develop the Jackson Street Entertainment District when the housintgmarkets collapsed.
The Phoeniz Business Journal was unable to reach Wallach for commentt about the pending foreclosure sale and his plans in David Newcombe, a broker with Russ Lyon Sotheby’s Internationao Realty who specializes in urban luxury condo sales, said news of the foreclosurwe was unexpected. “You know, I’m reallu surprised at that,” Newcombwe said. “According to information supplied to theBusiness Journal, 91 of the 165 residencea are sold in The Summiy at Copper Square.” Newcombe said a handfull had been taken back by lenders when buyerws were unable to cover their loans.
He said one 966-square-foot unit that originall sold for $550,000 and was taken back by the bank and now is listedat $275,000. He said five individuap units are scheduled for trustee saleds in thecoming weeks. It is unknown how the project’x foreclosure sale will impact individual ifat all. A May 2008 story published in the Business Journal noted thata $3.1 milliobn mechanic’s lien had been filed agains t the project and individual condo owners by the general The Weitz Co. At that time, construction attorneyu Joel Sannes, said such mechanic’s liens create additional obstaclesz and title encumbrances for residents who want to selltheid units.
According to the notice of trustee Wallach’s company through the legalo entity, The Summit at Coppee Square LLC, received a $44 million constructiob loan from FNBN-RESCON I LLC, a Delaware limited liability company. The point person for FNBN liste d on the trustee sale notice is Tom Hosier of Stearnxs Bankin Scottsdale.