July 2014

Amazon\’s new Florida facilities have begun hiring!

As mentioned in our April blog,  Amazon.com had plans to build it’s first two warehouses in Florida; over 1 million square feet apiece. The internet retail giant attributes this move to the “collaboration” with our state, city and county officials. So far, Amazon.com has hired more than 1,000 people for these distributions centers. The center in […]

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SBA Increases Size Standards

The Small Business Administration has updated its revenue based size standards for small businesses. For the first time since 2008 the SBA made adjustments to the size standards pertaining to the construction industry; they have all increased.   NAICS Code: NAICS US Industry Title:  Old Standard:           New Standard (effective July 14, 2014) 238210 Electrical Contractors

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San Francisco Bay Bridge Was No Bargain When Inexperienced Chinese Company is Hired.

According to an article in the San Francisco Gate, California Transportation Officials hired a Chinese company that had never built a bridge to make key components of the San Francisco-Oakland Bay Bridge\’s eastern section. Zhenhua Port Machinery, based out of Shanghai, was the subcontractor chosen to make the bridge\’s new signature tower and roadway for

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Commercial Real Estate (CRE) Lending Meets with Higher Rates….Maybe

The Bureau of Labor released May’s employment numbers and they are showing a nice steady growth. Around 217,000 new jobs have been created, many in the CRE Supporting Industries. Business investments are increasing or at least poised to increase and one key piece in that is the willingness of banks to lend to such projects.

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