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Posts Tagged ‘Steinborn TCN Commercial Real Estate’

ISPCS Public Forum – October 19, 2010

Space Week in New Mexico

Space Week in New Mexico

Release courtesy of the New Mexico Space Grant Consortium

New Mexico Space Grant Consortium will host the fifth annual FREE ISPCS Public Forum (previously named the Leonard R. Sugerman Public Forum) on Tuesday, October 19th, 1:30-3:00 at the Pan American Center on the campus of New Mexico State University in Las Cruces, New Mexico.   Discover how the future of commercial spaceflight will impact our community.  The mayor of Titusville Florida will present on what happened when NASA came to town.  Local mayors will discuss what preparations they are making as Spaceport America becomes operational. Speakers include:

  • John Hummer, moderator, CCIM, Owner/Broker, Steinborn TCN Commercial Real Estate
  • Mayor Tulley from Titusville Florida
  • Las Cruces Mayor Miyagishima
  • Truth or Consequences Mayor Montgomery
  • Hatch Mayor Nordyke

You are welcome to also attend the public forum 12:00 – 1:15 focused for university students and faculty.  Speakers include:

  • Pat Hynes, New Mexico Space Grant Consortium Director
  • Clay Anderson, NASA Astronaut, STS-117, STS-131, ISS
  • George Whitesides, Chief Executive Officer, Virgin Galactic
  • Aaron Prescott, Commercial Division Director, Spaceport America
  • Mark Severance, International Space Station Laboratory, Education Projects Manager
  • Doug Weathers, NMSU student, Student Launch Program
  • Ivan Ferrell, NMSU student, Microgravity Program
  • Selene Virk, NMSU student, Transcriptomic Profile of the Inner Ear Vestibular Organs

Come join us as we discuss preparing for this exciting industry in southern New Mexico!

On Wednesday and Thursday, October 20-21 the International Symposium for Personal and Commercial Spaceflight will be held at the New Mexico Farm and Ranch Heritage Museum.  For more information or to register for the symposium go to http://www.ispcs.com

CEO’s Report – March 2010

MVEDA’s Business on the Border Luncheon on March 2nd featured a commercial real estate update.   The discussion shined a positive light on the economic environment surrounding the real estate market and where we can be looking for opportunities ahead.

The panel consisted of:  John L. Hummer, Owner/Broker with Steinborn TCN Commercial Real Estate; Gil Jones, Associate Broker with NAI 1st Valley Commercial Real Estate; Donnie Brainard, President/Qualifying Broker with Alameda Property Group; and Rick Stoes, Managing Director for Grubb & Ellis.

Economic highlights from the discussion included:

  • National and regional retailers are beginning to show activity,
  • Improvement in new store openings and slowing of store closures compared to last year,
  • Strip retailers are more aggressive on store openings,
  • Stabilization of lease rates,
  • Growth at Ft. Bliss expected to boost regional economy by $4 billion annually,
  • Significant increase in venture capital money looking to be placed. Majority of which is coming out of Mexico, and
  • Conventional financing will continue to be difficult to obtain.

The panelists graciously agreed to let us post their presentations and they can be down-loaded by following these links:

As for the first two months of 2010, MVEDA’s lead generation activity has been quite high.  Entering the month of March, our lead generation is 176% higher than this same time last year, and our prospect activity is at 111% of our YTD goals.  In the month of February alone, we had over 14 new leads and 5 site visits by companies interested in the region.  Renewable energy continues to lead the way representing 1/3rd of all our new lead generation, followed by manufacturing and logistics firms.  Over the past couple of months we have also seen some increased interest in the aviation and aerospace sectors.

MVEDA’s marketing efforts remain aggressive.  Since mid-January, MVEDA participated in two prospecting missions with the New Mexico Partnership to Southern California and Dallas regions.  We also attended the Medical Design and Manufacturing Trade Show in Anaheim and participated in the National Security Technology Conference that took place in Las Cruces last week.

Although lead generation and prospecting activity is quite high, the difficulty in closing deals and in job creation surrounds financing.  This became a topic at our Business on the Border luncheon and has been a growing challenge over the past year.  As economic developers, we are being asked more and more to identify financing solutions for our clients which as a result is forcing us to identify alternative financing routes, such as through State and Federal programs, or through equity programs and grants.  Suffice it to say that this will be a continuing discussion, but enables us to retool, as well as, rethink strategies that will create new opportunities and future growth in Dona Ana County.

Commercial Realtors Featured at March Business on the Border Forum

The March meeting of the MVEDA Business on the Border Forum will be held on Tuesday, March 2, 2010 from 11:30 AM until 1:00 PM at the Hotel Encanto de Las Cruces, 705 S. Telshor. The meeting will begin with a hot entree buffet.

The March Forum will feature a panel of local commercial real estate brokers and developers discussing the local commercial real estate market and opportunities in a changing market. Panel members will include:

Luncheon cost is $20.00 per person, payable by cash, check or major credit card. The meeting is open to the public. A large turnout is expected so reservations are recommended. Please confirm your attendance to ensure proper space will be available by sending an email to rsvp@mveda.com or by calling the office at (575) 525-2852.

Commercial Property News Touts Spaceport America Opportunities

John Hummer, Past MVEDA Board Chairman and owner of Steinborn TCN Commercial Real Estate, was quoted in an on-line article in the Commercial Property News regarding the future growth that will be associated with the construction of Spaceport America.

According to Hummer,  “The spaceport is a strong catalyst for growth, not only in rocketry and related technologies and the tourism associated with commercial space travel, but also the commercial payloads–science experiments and commercial satellite launches. The corridor including Las Cruces, the largest nearby town, and Truth or Consequences, the closest to the spaceport, are already benefiting from interest in the spaceport.”

In the article, Hummer also mentions New Mexico State University’s Arrowhead Research Park, Virgin Galactic, UP Aerospace and Armadillo Aerospace, and the Las Cruces airport.

The entire on-line article, courtesy of the Commercial Property News,  is linked from MVEDA’s “News & Announcements” page.

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