CHAMBER UPD TE CHAMBER UPDATE CHAIR AIRSpeaks Speaks
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Tenants Are Coming to a Building Near You A recent story by Gilbert Baez of abc11
i illustrated the amount of commercial and in- dustrial spaces for rent, lease or for sale. The question loomed, “did we overanticipate the growth of BRAC?”
When walking downtown or visiting our i industrial parks, the question seems appropri- ate. “For Sale,” and “For Rent,” glares at on- lookers from vacant windows.
But, is that question warranted? What one does not see is the list of projects streaming into the Chamber’s pipeline. One also
BUSINESS Spotlight
Spotlight INESS
Opportunities for Federal Contracting The North Carolina Military Business Center and the Fayetteville-
Cumberland County Chamber of Commerce present the second in a se- ries of basic and advanced workshops focusing on “contracting” with the federal government. “Wide Area Work Flow” (WAWF) will be held Thursday, May 12,
2011, at Fayetteville Technical Community College’s Center for Business & Industry. The benefits of WAWF include: improving cash flow management; the elimination of lost documents; the reduction of operating costs; global accessibility of documents; audit capability; and a FREE, web- based system. This workshop is open to Chamber members only.
For questions and registration information, contact Ms. Toni Cun-
nigan-Dixon at (910) 484-4242 or tdixon@fayettevillencchamber.org. The North Carolina Military Business Center (NCMBC) is a busi-
ness development entity of the North Carolina Community College System, headquartered at Fayetteville Technical Community College (FTCC). The mission of the NCMBC is to leverage military and other federal business opportunities for economic development and quality of life in North Carolina. Your Chamber and the NCMBC have partnered to provide the busi- ness community with a knowledge base, through interactive workshops and seminars, that will help identify, bid on and win military and other federal contracts.
does not see that the office vacancy rate in Fayetteville decreased to 9.2% at the end of 2010. The industrial space vacancy rate de- creased to 13.3%.
Existing industries are expanding into larger commercial spac-
es. For example, Maidenform Brands moved into a 58, 987 sq. ft. building at the Cumberland Industrial Center. There are several military contracts that had footprint offices in the area that have increased the size of their original office space requirements. There is a lot of activity going on behind the scenes, thanks to
BRAC. That means higher-paying military jobs and a commercial real estate boom.
10 UCW APRIL 20-26, 2011
WWW.UPANDCOMINGWEEKLY.COM
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