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. and its principals have provided ongoing site selection and incentives advisory services to QVC, including warehouse and call center location projects in North America and Europe. Our most recent engagement for QVC resulted in a 1 million square foot distribution center (expandable to 2 million square feet) in Florence, South Carolina.
BLS & Co. managed a multi-state, sequential site search, and secured incentives for the project, including free land, infrastructure grants, ad valorem tax abatements, job development grants, job tax credits, and sales tax exemptions.
In addition, BLS expedited permitting and as a result, the warehouse was able to open ahead of schedule.
BLS has represented Citigroup on projects throughout North America for over 20 years. Starting with Citi’s initial presence in Tampa, BLS developed and implemented incentives strategies in support of diverse projects, ranging from data centers to enterprise services facilities, across a broad footprint, including Florida, Texas, Ohio, New York and New Jersey.
Most recently, BLS has supported Citi on a multi-phased portfolio optimization process in the NY Metro area, including multiple incentives transactions, ongoing monitoring of legislation and regulations, and intervention in policy making. BLS also represented Citi in securing incentives in support of its recent decision to expand in the Tampa market.
Locations: Florida, Texas, Ohio, New York, New Jersey
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. 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. 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. 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.
Goya Foods is the premier provider of authentic Latino and Caribbean cuisine. BLS & Co. advised the company as it sought to address capacity constraints at its New Jersey headquarters and distribution facility.
BLS & Co. secured an award under the Urban Transit Hub Tax Credit program to support the project, which will include the creation of over 100 new jobs and the retention of over 300 existing jobs.
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.
A confidential BLS life sciences client was searching for a new manufacturing site to access 100% renewable electricity and generate 10% of its electric requirement with onsite solar. The site was also required to enable procuring renewable electric commodities from a third-party supplier or the electric utility supplying the chosen site, depending on the market structure at the site. If directly accessing renewable energy was not an option, it planned to purchase “new RECs” until it could procure the supply from the utility or third-party supplier. The project began as a national (U.S.) search and carries hundreds of jobs and an investment in the hundreds of millions, demonstrating the importance of large-scale projects on renewable energy.
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. served as financial advisor for a groundbreaking cooperative venture between the H. Lee Moffitt Cancer Center in Tampa and Merck to secure public financing to create over 300,000 square feet of life-sciences oriented development on a 25-acre site.
Moffitt created a wholly owned subsidiary called M2Gen to implement the project, which began with the construction of a 50,000 square foot facility that will house labs and related facilities focused on revolutionizing the way cancer is diagnosed and treated.
BLS & Co. conceptualized the incentives package for the project and managed the analysis, negotiations, structuring, approvals and documentation of the public financing. The public financing package constituted more than one-fourth the total project capitalization.
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 modeled each site's ability to accommodate a 100,000-square-foot raised-floor data center designed to current industry standards.
BLS/Sugarloaf also completed an analysis of sites in 2 states for AEP data center / operations facility. The team review the infrastructure, both manmade and natural disaster risks and the proximity of service providers to support a data center.
Short-listed locations: Ohio, Louisiana, Texas, Indiana, Virginia, West Virginia, Oklahoma
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. 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.
BLS/SLA also provided advisory service and expert witness in the development of a new FPL electric economic development rider for data centers and large manufacturing plants in Florida's FPL territory.
BLS & Co. conducted a comparison of warehouse labor markets in Ohio, Kentucky and West Virginia to help inform Avon's location decision-making.
We examined labor supply, demand, quality, and cost indicators including present and projected population levels, unemployment rates, education attainment, unionization, wage and income levels.
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.