Business Facilities -November 2008

FIRST WORD group media building inspiration. ™ Real Estate Revival Published by Group C Media, Inc. 44 APPLE STREET, SUITE 3 • TINTON FALLS, NEW JERSEY 07724 (732) 842-7433 • (800) 524-0337 • FAX (732) 758-6634 VOLUME 41 NUMBER 11 www.BusinessFacilities.com T he words “real estate” and “disaster” often have been uttered in the same sentence in recent weeks as the upheaval in the financial system has impacted across global markets. But, believe it or not, we think there are some good reasons to embrace optimism in these gloomy times. The three initiatives featured in this month’s cover focus remind us that the fundamentals of successful commercial real estate development remain unchanged—and that those who apply them will be rewarded. These fundamentals are being put to work by Kodak to transform its original production site in upstate New York into a blossoming 800-acre commercial/industrial complex called Eastman Business Park. Kodak is leveraging assets built for large-scale film production—including its own power supply—into a powerful magnet for a wide range of business enterprises. Studley gave us an inside look at the intricate negotiations that resulted in a new West Coast facility for Fox Interactive, parent of MySpace. Creativity, flexibility and business smarts all were put to good use to bring a successful project to fruition. And Group C Media, Inc. is applying its successful matchmaking formula to the real estate services sector in a new event, Commercial Property Navigator LiveXchange. This is our way of saying that, while present indicators may be pointing down, this, too, will pass. We prefer to look up. EXECUTIVE PUBLISHER TED COENE tcoene@groupc.com EDITOR IN CHIEF JACK ROGERS jrogers@groupc.com SENIOR EDITOR BILL TRÜB btrub@groupc.com EDITORIAL ADVISORY BOARD PHILIP W. ANDERSON, PHD, PRESIDENT AND CEO, P.W. ANDERSON & PARTNERS, INC.; DEL BIRCH, VICE PRESIDENT, ExecutivePulse, INC.; JAN DICKINSON, PRESIDENT AND CEO, THE DICKINSON CONSULTING GROUP; MICHAEL P. HICKEY, PRESIDENT, HICKEY & ASSOCIATES; FRANK MANCINI, JR., MANAGING MEMBER, HARBORAGE, LLC; STUART MACKAY, PRESIDENT, MMK CONSULTING; DON SCHJELDAHL, DIRECTOR OF THE FACILITIES LOCATION GROUP, THE AUSTIN CO.; FREDERICK METZ SHEPPARD, MANAGING DIRECTOR, QUADRAL GROUP; FRANK J. SHERWOOD, VICE PRESIDENT, JONES LANG LASALLE AMERICAS, INC., HOWARD R. SILVERMAN, PRESIDENT & CEO, THE CAI GLOBAL GROUP INC.; MARK SWEENEY, SENIOR PRINCIPAL, MCCALLUM SWEENEY CONSULTING; JERRY SZATAN, PRINCIPAL, SZATAN & ASSOCIATES PRODUCTION MANAGER LUANN RATHEMACHER luann@groupc.com GROUP CREATIVE DIRECTOR JEFFREY CLAPP clapp@groupc.com SENIOR DESIGNER MEGAN KNIGHT mknight@groupc.com SENIOR WEB DESIGNER GLADYS ROLDAN groldan@groupc.com ADVERTISING NATIONAL SALES MANAGER: U.S. AND EUROPE JIM SEMPLE jsemple@groupc.com SR. ACCOUNT EXECUTIVE: U.S. AND CARIBBEAN BEN NACHSIN bnachsin@groupc.com SR. ACCOUNT EXECUTIVE: WEST COAST, MEXICO, CANADA, ASIA/PACIFIC, SOUTH/CENTRAL AMERICA DAVE GOLDSTEIN dgoldstein@groupc.com WEBMASTER PETER MCCABE pmccabe@groupc.com AD TRAFFICKING MANAGER JUDY NOWELL jnowell@groupc.com VP MARKETING AND ONLINE PUBLISHER BILL MACRAE bmacrae@groupc.com MARKETING DIRECTOR MARY ELLEN MCCANDLESS maryellen@groupc.com CIRCULATION MANAGER/SALES ASSISTANT CATHY ASTE caste@groupc.com GROUP C MEDIA, INC. EDGAR T. COENE . . . . . . SUSAN COENE. . . . . . . . TED COENE . . . . . . . . . . LYLE CONNOR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAIRMAN OF THE BOARD CO-PRESIDENT CO-PRESIDENT COMPTROLLER BUSINESS FACILITIES IS A PUBLICATION OF GROUP C MEDIA, INC. ©COPYRIGHT 2008 BY GROUP C MEDIA; ALL RIGHTS RESERVED. PROUD MEMBERS OF: Jack Rogers jrogers@groupc.com 6 NOVEMBER 2008 http://www.BusinessFacilities.com http://www.BusinessFacilities.com

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Business Facilities -November 2008 Contents First Word Sanpshots Corporate Moves: Utah Kodak Develops a Megasite in Upstate New York Anatomy of a Deal: Studley Finds a New Space for Myspace Metro Spotlight: Johnson City, TN A Renaissance of Growth in Medical Plastics The Lone Star State Flexes Its Muscles Asia: A Portrait of Growth Sky's the Limit for High-tech in Arizona Corporate Moves: Pennsylvania Ohio Leads the Way Alabama's Tide Rolls to the Future IEDC 2008 Award Winners Advertiser Index Introducing Navigator Livexchange

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