News: Brokerage

Turner named construction mgr. for $165m GE Healthcare facility

Turner Construction Company has been selected to serve as the construction manager and provide preconstruction services for a $165 million digital x-ray detector production facility for General Electric Healthcare in the Rensselaer Technology Park. Completion is scheduled for December 2008. The facility will produce state of the art digital x-ray mammography machines. The building will consist of a total area of 150,000 s/f, of which 60,000 s/f will be clean room space. This project marks the continuation of a working relationship that began in 1913 with the construction of a factory for General Electric in Pittsfield, Mass. Throughout the resulting years, Turner constructed many additional projects for the company, including its 500,000 s/f headquarters in 1971 in Fairfield, Conn. "Turner is honored to continue our relationship with General Electric and to manage the construction of this important facility to help GE achieve their business objectives. Our partnership with General Electric is very important to us and we are very appreciative of the company's continued confidence in our company and staff," said Mark Breslin, VP and general manager of Turner's Albany office.
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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