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	<title>Cherry &#38; Associates</title>
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	<link>http://cherryandassoc.com</link>
	<description>Commercial Real Estate Services</description>
	<lastBuildDate>Wed, 22 Feb 2012 19:19:22 +0000</lastBuildDate>
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		<title>ITRA Global Spring Conference to be held in Pittsburgh March 30, 2012</title>
		<link>http://www.itraglobal.com/news/press/itra-global-pittsburgh-regional-alliance-to-welcome-international-corporate-real-estate-executives-at-pittsburgh-conference/</link>
		<comments>http://www.itraglobal.com/news/press/itra-global-pittsburgh-regional-alliance-to-welcome-international-corporate-real-estate-executives-at-pittsburgh-conference/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 19:19:22 +0000</pubDate>
		<dc:creator>Mark Stevens</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=250362f746e45b2595cfdf563f339640</guid>
		<description><![CDATA[CHICAGO—(February 7, 2012)—ITRA Global, one of the largest real estate organizations devoted to the representation of corporate tenants and occupiers of commercial real estate worldwide, has announced the ITRA Global 2012 General Conference will be held March 30 through April 1 at the Fairmont Hotel in Pittsburgh. Carrie S. Holstead, chairman of the board of [...]]]></description>
			<content:encoded><![CDATA[<p>CHICAGO—(February 7, 2012)—ITRA Global, one of the largest real estate organizations devoted to the representation of corporate tenants and occupiers of commercial real estate worldwide, has announced the ITRA Global 2012 General Conference will be held March 30 through April 1 at the Fairmont Hotel in Pittsburgh.</p>
<p>Carrie S. Holstead, chairman of the board of directors for the organization and president of the Pittsburgh ITRA office explains, “This will be a great opportunity to introduce the managing principals from ITRA offices in major markets in North America, Latin America, Europe, and Asia to one of the most dynamic 21st Century markets in North America. The conference will also provide the perfect opportunity for our affiliate offices to learn more about what makes Pittsburgh a model city and region that continues to receive national acclaim.”</p>
<p>The ITRA Global event will be sponsored exclusively by the Pittsburgh Regional Alliance (PRA), an affiliate of the Allegheny Conference on Community Development. Dewitt Peart, President of the PRA, says the conference provides his marketing and economic development organization, recognized as one of the best in the United States, with a unique and highly desirable opportunity to interact with executives from around the globe who influence relocation and expansion decisions of their corporate clients.</p>
<p>“It is important to the Pittsburgh region’s continued economic growth that we establish and maintain relationships with site selectors in the U.S. and around the world so we can explain the many advantages of living and working in the Pittsburgh area,” Peart says. “Sponsoring this conference allows us to accomplish that and so much more.”</p>
<p>Gary Saulson, Director of Corporate Real Estate for Pittsburgh-based PNC Financial Services Group, Inc., will give a keynote presentation at the conference about “Achieving Value from an Environmental Commitment” and will discuss the company’s new headquarters, The Tower at PNC Plaza, which will be the “world’s greenest skyrise” when it opens in mid-2015.</p>
<p>“For more than a decade,” Saulson says, “PNC made the industry-leading commitment that all new construction and major renovations would follow LEED® green building standards. Due to this commitment, PNC recently celebrated the achievement of its 100th LEED certified building, which makes PNC the world leader in newly constructed LEED certified buildings. In total, PNC has 150 LEED-certified projects.”</p>
<p>ITRA Global is an organization of real estate professionals specializing in representing tenants and buyers in the leasing, acquisition and disposition of office, industrial and retail facilities. With coverage in over 80 major markets around the world, ITRA Global is one of the largest organizations dedicated to representing tenants and occupiers of commercial real estate. Clients benefit by having an experienced professional as their trusted advisor, providing conflict-free representation with total objectivity.</p>
<p>For more information about the conference, please contact Beth Wade, ITRA Global Executive Director, at 706.654.3201 or email bwade@itraglobal.com. To learn more about conflict-free representation and the worldwide representatives of ITRA Global, please visit www.itraglobal.com.</p>
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		<title>How to Minimize Your Security Deposit</title>
		<link>http://www.itraglobal.com/news/articles/how-to-minimizw-your-security-deposit/</link>
		<comments>http://www.itraglobal.com/news/articles/how-to-minimizw-your-security-deposit/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 22:21:16 +0000</pubDate>
		<dc:creator>Bert Rosenblatt and Andrew Stein</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=179678e9172eb9648687bca64df5d790</guid>
		<description><![CDATA[We’re asked all the time: what is a “normal security deposit”? Unfortunately, the truth is… it depends. Let’s start with the basics: the security deposit is a reflection of and hedge against the landlord’s perceived financial risk. ]]></description>
			<content:encoded><![CDATA[We’re asked all the time: what is a “normal security deposit”? Unfortunately, the truth is… it depends. Let’s start with the basics: the security deposit is a reflection of and hedge against the landlord’s perceived financial risk. ]]></content:encoded>
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		<title>Pass on the Pass Throughs</title>
		<link>http://www.itraglobal.com/news/articles/pass-on-the-pass-throughs/</link>
		<comments>http://www.itraglobal.com/news/articles/pass-on-the-pass-throughs/#comments</comments>
		<pubDate>Fri, 16 Dec 2011 18:46:53 +0000</pubDate>
		<dc:creator>Lynn Drake</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=27a061648e5cad82c51119258d8e15e3</guid>
		<description><![CDATA[This tax season you want to evaluate the pass throughs or increases over a base year that your landlord charges you.  More than likely you received a bill which shows the actual cost billed less any payments for these costs.]]></description>
			<content:encoded><![CDATA[This tax season you want to evaluate the pass throughs or increases over a base year that your landlord charges you.  More than likely you received a bill which shows the actual cost billed less any payments for these costs.]]></content:encoded>
			<wfw:commentRss>http://www.itraglobal.com/news/articles/pass-on-the-pass-throughs/feed/</wfw:commentRss>
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		<title>Real Estate Taxes and What They Mean to You as a Tenant</title>
		<link>http://www.itraglobal.com/news/articles/real-estate-taxes-and-what-they-mean-to-you-as-a-tenant/</link>
		<comments>http://www.itraglobal.com/news/articles/real-estate-taxes-and-what-they-mean-to-you-as-a-tenant/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 18:53:27 +0000</pubDate>
		<dc:creator>Bert Rosenblatt and Andrew Stein - Vicus Partners, LLC</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=d3b392f66be3c0c6a204f796208c768a</guid>
		<description><![CDATA[Did you know that the single largest expense to a landlord in running a commercial office building in Manhattan (outside of debt service) is real estate taxes?  And did you know that 48.10% of New York City's total tax revenue or 26.7% of its total 65....]]></description>
			<content:encoded><![CDATA[Did you know that the single largest expense to a landlord in running a commercial office building in Manhattan (outside of debt service) is real estate taxes?  And did you know that 48.10% of New York City's total tax revenue or 26.7% of its total 65.9 billion dollar budget  is derived from real estate related taxes?  Yes, that's billion with a B.  And in case we haven't gotten your attention yet, did you know that in the last decade, real estate taxes have increased by 108%?                ]]></content:encoded>
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		<title>ITRA / The Stevens Group Represents Aras Corp. in 20,000 Sq Ft Lease</title>
		<link>http://www.itraglobal.com/news/press/itra-the-stevens-group-represents-aras-corp-in-20000-sq-ft-lease/</link>
		<comments>http://www.itraglobal.com/news/press/itra-the-stevens-group-represents-aras-corp-in-20000-sq-ft-lease/#comments</comments>
		<pubDate>Mon, 12 Sep 2011 16:22:08 +0000</pubDate>
		<dc:creator>Heather Wilkinson</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=9dfe937da062fb41662daf5f11461532</guid>
		<description><![CDATA[Aras Corp. will soon have a new headquarters, but relocating from its current space here at 300 Brickstone Square, will be as seamless for the burgeoning technology firm as one could imagine. After considering options throughout Interstate 495 North, Aras staff need only take the elevator two levels down from the ninth floor into nearly [...]]]></description>
			<content:encoded><![CDATA[<p>Aras Corp. will soon have a new headquarters, but relocating from its current space here at 300 Brickstone Square, will be as seamless for the burgeoning technology firm as one could imagine. After considering options throughout Interstate 495 North, Aras staff need only take the elevator two levels down from the ninth floor into nearly 20,000 sf that tenant representative Debra Stevens terms “as close to 100 percent plug and play as they come,” with the prior tenant spending heavily on fit-out and infrastructure prior to being lured into Boston.</p>
<p>“It’s awesome,” says The Stevens Group principal who lists main benefits as the stylish FFE left behind, plus extensive window lines along three walls on top of multiple private offices desired by her client. Stevens also credits the owner Transwestern and a cooperative building and leasing team for convincing Aras to remain at the master-planned business park. “It was an aggressive deal,” Stevens says, although she declined to offer specifics on terms due to confidentiality contracts.</p>
<p>Stevens also represented Aras in the lease of its ninth floor location five years ago when Aras was operating from nearby Lawrence. As in that instance, the new commitment represents a substantial increase in space for Aras, with their present headquarters concentrated in 8,000 sf.</p>
<p><strong>About Aras Corp</strong></p>
<p>Aras is the leading provider of enterprise open source Product Lifecycle Management (PLM) software solutions. Freedom from licensing eliminates up-front expenses and per user costs while superior technology makes Aras the most advanced enterprise PLM solution suite available. Customers include Motorola, Rolls-Royce, Freudenberg, Lockheed Martin, Ingersoll Rand, Hydrometer, Hi-P and ACCO Brands. Aras is privately held with global headquarters in Andover, Mass.</p>
<p><strong>About The Stevens Group</strong></p>
<p>The Stevens Group is the Boston affiliate of <a href="http://www.itraglobal.com">ITRA Global</a>, the International Tenant Representative Alliance, an organization of independently owned commercial real estate firms with offices in major markets in North America, Latin America, Europe, and the Pacific Rim. ITRA Global is one of the largest organizations in the world that provides objective real estate advice and services exclusively to corporate tenants and occupiers of commercial real estate.</p>
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		<title>ITRA / Pollina Top 10 Pro-Business Study Depicts Surge of Influence in Western States with Decrease in South and Free Fall in North.</title>
		<link>http://www.itraglobal.com/news/press/itra-pollina-top-10-pro-business-study-depicts-surge-of-influence-in-western-states-with-decrease-in-south-and-free-fall-in-north/</link>
		<comments>http://www.itraglobal.com/news/press/itra-pollina-top-10-pro-business-study-depicts-surge-of-influence-in-western-states-with-decrease-in-south-and-free-fall-in-north/#comments</comments>
		<pubDate>Mon, 15 Aug 2011 16:59:41 +0000</pubDate>
		<dc:creator>Heather Wilkinson</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=e497bead93e5d7275b1ada26b9d9889a</guid>
		<description><![CDATA[“The West is America&#8217;s new heartland, and it is increasingly a dominant region of population growth and political influence,” says economist and corporate relocation expert Dr. Ronald R. Pollina in the just-released Pollina Corporate Top 10 Pro-Business States for 2011: The Rise of the West. In the annual study of job retention and creation by [...]]]></description>
			<content:encoded><![CDATA[<p>“The West is America&#8217;s new heartland, and it is increasingly a dominant region of population growth and political influence,” says economist and corporate relocation expert Dr. Ronald R. Pollina in the just-released Pollina Corporate Top 10 Pro-Business States for 2011: The Rise of the West.</p>
<p>In the annual study of job retention and creation by the 50 states and the federal government, Dr. Pollina, author of the recent book entitled Selling Out a Superpower, emphasizes that the “West is not only a leader in population growth but has also become the pro-business leader, thus showing the greatest potential for job growth.”</p>
<p>But Virginia—the brightest star on the American Flag—is the ultimate model for the rest of the country. Brent Pollina, Vice President of Park Ridge, Illinois-based ITRA/Pollina Corporate Real Estate and author of the study, names Virginia as “America’s most pro-business state” for the third consecutive year, winning yet again by the largest margin in the study’s history.</p>
<p>“Virginia can certainly be emulated by other states, which should view Virginia’s economic policies as a coloring book,” says Brent Pollina. “All they need to do is stay between the lines of the coloring book, and they, too, can create a powerful pro-business environment.”</p>
<p>This year’s Most Improved State, North Dakota, climbed from 18th to 3rd place in only three years, and it’s one of seven powerhouse Western states in the Top 10. Unfortunately for the region, California ranked dead last for the eighth consecutive year.</p>
<p>The Pollina Corporate Top 10 Pro-Business States for 2011 are: 1) Virginia 2) Utah 3) North Dakota 4) Wyoming 5) Nebraska 6) Kansas 7) South Dakota (8) Missouri 9) South Carolina and 10) Indiana. The study, considered the most comprehensive, unbiased and unvarnished by the economic development industry, is the “Gold Standard” for evaluating and ranking states based on 32 factors controlled by state government, including taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentive programs and state economic development efforts.</p>
<p>Two new factors—state budget deficit and state property tax index—along with a comprehensive State Report Card have been added to this year’s study.</p>
<p>ITRA/Pollina Corporate Real Estate, Inc.  is an affiliate of <a href="http://www.itraglobal.com/">ITRA Global </a> which exclusively represents corporate tenants and buyers of Commercial Real Estate in over 85 markets worldwide.  ITRA firms do not work for landlords or real estate management companies, eliminating the potential conflict that exists with traditional brokers. </p>
<p>For more information about the Pollina Top 10  Pro-Business Study contact FWM Communications; fmartin@brandandimage.net; 773-462-4144.</p>
<p>Further information about ITRA/Pollina Corporate Real Estate, Inc. visit the company website at <a href="http://www.pollina.com/">www.pollina.com</a> or by calling (847) 685-9000.</p>
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		<title>ITRA / The Stevens Group Assists Liquid Metal Battery Corp. in 10,000 Sq Ft Lease at Blackstone Square</title>
		<link>http://www.itraglobal.com/news/press/itra-the-stevens-group-assists-liquid-metal-battery-corp-in-10000-sq-ft-lease-at-blackstone-square/</link>
		<comments>http://www.itraglobal.com/news/press/itra-the-stevens-group-assists-liquid-metal-battery-corp-in-10000-sq-ft-lease-at-blackstone-square/#comments</comments>
		<pubDate>Fri, 12 Aug 2011 16:23:46 +0000</pubDate>
		<dc:creator>Heather Wilkinson</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=f811815a503cf2b40eb895c675ff1481</guid>
		<description><![CDATA[Liquid Metal Battery Corp. has leased 10,000 Sf , signing a long-term lease at Blackstone Square, a four-building complex in the city’s CambridgePort district. ITRA/The Stevens Group provided tenant advisory services to LMBC in the transaction. Blackstone Square Founded in 2010 by MIT researchers Donald Sadoway, David Bradwell and Dr. Luis Ortiz, the energy sector [...]]]></description>
			<content:encoded><![CDATA[<p>Liquid Metal Battery Corp. has leased 10,000 Sf , signing a long-term lease at Blackstone Square, a four-building complex in the city’s CambridgePort district. ITRA/The Stevens Group provided tenant advisory services to LMBC in the transaction.</p>
<p>Blackstone Square</p>
<p>Founded in 2010 by MIT researchers Donald Sadoway, David Bradwell and Dr. Luis Ortiz, the energy sector firm gained quick notoriety thanks to a personal investment from Bill Gates. “They’ll be very happy there,” principal Debra Stevens portends of her client’s future home after conducting an extensive space search that began shortly after the firm was launched. “It was a challenge,” relays Stevens, a tenant representation specialist who worked closely with Ortiz, the firm’s president, in mulling alternatives. Stevens explains LMBC wanted a ground floor opportunity due to weight issues of its equipment, and also needed a structure possessing enhanced power capabilities.</p>
<p>With Blackstone Square able to accommodate the exacting requirements, fit out of the space is now underway in advance of the firm’s upcoming occupancy. Stevens declined to discuss financial details of the commitment by LMBC, but says the landlord “did what they needed to do” in beating out other suitors keen to land the promising company that has already received backing from the US Department of Energy on top of the boost from Microsoft’s famous founder. The technologies were invented in Sadoway’s MIT laboratory, with the founders of LMBC securing the patent rights in advance of launching their platform.</p>
<p>ITRA/The Stevens Group is a Boston based real estate advisory firm providing transactional representation, brokerage and consulting services exclusively for corporate tenants and occupiers of commercial real estate. As the Boston regional affiliate of <a href="http://www.itraglobal.com">ITRA Global</a>, an organization of real estate professionals devoted to tenant and buyer representation worldwide, The Stevens Group offers principal-level services to corporate clients in more than 90 markets around the world.</p>
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		<title>Do You Speak Lease?</title>
		<link>http://www.itraglobal.com/news/articles/do-you-speak-lease/</link>
		<comments>http://www.itraglobal.com/news/articles/do-you-speak-lease/#comments</comments>
		<pubDate>Thu, 04 Aug 2011 21:16:21 +0000</pubDate>
		<dc:creator>Lynn Drake, President, Compass Commercial, LLC.</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=866d7197b6ae00c002aab0ae3c874790</guid>
		<description><![CDATA[Some of us speak Greek, Spanish, French or Mandarin in addition to English.  We think we can speak real estate, but you had better know someone who can speak fine print or your lease terms could get lost in translation.]]></description>
			<content:encoded><![CDATA[Some of us speak Greek, Spanish, French or Mandarin in addition to English.  We think we can speak real estate, but you had better know someone who can speak fine print or your lease terms could get lost in translation.]]></content:encoded>
			<wfw:commentRss>http://www.itraglobal.com/news/articles/do-you-speak-lease/feed/</wfw:commentRss>
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		<title>Sloan Street Advisors / ITRA Represents Toole Design Group in Headquarters Lease</title>
		<link>http://www.itraglobal.com/news/press/sloan-street-advisors-itra-represents-toole-design-group-in-headquarters-lease/</link>
		<comments>http://www.itraglobal.com/news/press/sloan-street-advisors-itra-represents-toole-design-group-in-headquarters-lease/#comments</comments>
		<pubDate>Wed, 03 Aug 2011 16:28:54 +0000</pubDate>
		<dc:creator>Heather Wilkinson</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=7659847a5dd61e9444d534c95357b688</guid>
		<description><![CDATA[Debra Stracke Anderson CCIM, SIOR, President of Sloan Street Advisors / ITRA, announced that the company represented Toole Design Group, a valued client of ITRA/The Stevens Group, Boston, MA, in leasing 7,918 square feet of office space located at The Plaza At Station Square, 8484 Georgia Avenue, Silver Spring, MD. The Plaza at Station Square [...]]]></description>
			<content:encoded><![CDATA[<p>Debra Stracke Anderson CCIM, SIOR, President of Sloan Street Advisors / ITRA, announced that the company represented Toole Design Group, a valued client of ITRA/The Stevens Group, Boston, MA, in leasing 7,918 square feet of office space located at The Plaza At Station Square, 8484 Georgia Avenue, Silver Spring, MD. The Plaza at Station Square is a 136,000 square foot Class A office building developed and owned by Moore &amp; Associates, which also assembled the land that is now home to Discovery Communications’ 600,000-square-foot headquarters and Silver Spring’s Town Center, a vibrant retail and entertainment corridor. Ms. Anderson represented the Tenant in the transaction and the Landlord was represented in-house by Ed Baca-Asher.</p>
<p>About Toole Design Group</p>
<p>Toole Design Group is a planning and design firm headquartered in the Washington-Baltimore region with extensive experience throughout the United States. Projects include transportation master planning, traffic calming, pedestrian and bicycle research and facility design, rail-trail planning and design, transit accessibility, safe routes to school planning, and a variety of other related areas. The company is particularly skilled in retrofitting transportation systems to make walking, bicycling and transit use safer and more convenient modes of transportation. More information about the firm is available at www.tooledesign.com or by calling +1 (301) 927-1900. </p>
<p>About Sloan Street Advisors / ITRA</p>
<p>Sloan Street Advisors / ITRA, provides transactional representation, brokerage and consulting services exclusively for corporate tenants and buyers of properties in the District of Columbia and its suburbs, in addition to representing clients on an international basis. As the Washington, D.C. affiliate for <a href="http://www.itraglobal.com">ITRA Global</a>,  Sloan Street Advisors / ITRA provides principal-level services for corporate clients in more than 90 U.S. and overseas markets. Further information about Sloan Street Advisors / ITRA is available at <a title="sloanstreetadvisors" href="http://www.sloanstreetadvisors.com">www.sloanstreetadvisors.com</a> or by calling +1 (703) 758-7479.</p>
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		<title>ITRA / ExclusiveTenantRep.com Assists Science Applications International Corporation with 9,100 Sq Ft Office Lease in Virginia Beach, VA.</title>
		<link>http://www.itraglobal.com/news/press/itra-exclusivetenantrep-com-assists-science-applications-international-corporation-with-9100-sq-ft-office-lease-in-virginia-beach-va-2/</link>
		<comments>http://www.itraglobal.com/news/press/itra-exclusivetenantrep-com-assists-science-applications-international-corporation-with-9100-sq-ft-office-lease-in-virginia-beach-va-2/#comments</comments>
		<pubDate>Sat, 30 Jul 2011 20:46:22 +0000</pubDate>
		<dc:creator>Beth Wade</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://cherryandassoc.com/?guid=b2b31bee20b40c7b5c765bbb8de058ea</guid>
		<description><![CDATA[Virginia Beach, VA., July 2011 - ITRA / ExclusiveTenantRep.com announced that it has represented SAIC in leasing 9,100 Sq Ft of office space located at 3421 Chandler Creek Road.]]></description>
			<content:encoded><![CDATA[<p>ITRA/ExclusiveTenantRep.com announced that it has represented SAIC in leasing 9,100 square feet of office space located at 3421 Chandler Creek Road. </p>
<p>The Science Applications International Corporation was founded in 1969 by a small group of scientists and has grown into a worldwide innovator of technology and research. SAIC and their subsidiaries are involved in everything from robotic technology, medical lab research, to finding clean and renewable energy. SAIC also is a leader in providing scientific, engineering, systems integration, and technical services to all branches of the armed forces. Science Applications International Corporation accomplishes all of these goals with the constant and deliberate commitment to ethical performance and integrity. </p>
<p>Located in Virginia Beach, Virginia, ITRA/ExclusiveTenantRep.com is the only locally owned and operated Commercial Real Estate Brokerage and Advisory Firm that exclusively represents corporate tenants and end users of Commercial Real Estate in The Greater Norfolk, VA region, therefore eliminating any conflict of interests. </p>
<p>ITRA/ExclusiveTenantRep.com is an affiliate of <a href="http://www.itraglobal.com">ITRA Global </a> which, with representation in over 85 world markets, is the leader in exclusively representing corporate tenants and buyers of Commercial Real Estate worldwide. Each affiliate office acts as client advocates while assisting them in negotiating optimum lease and or purchase terms. Throughout the process, ITRA/ExclusiveTenantRep provides knowledgeable and objective advice from local office leasing professionals. ITRA firms do not work for landlords or real estate management companies, eliminating the potential conflict that exists with traditional brokers. </p>
<p>Further information is available on the company website at <a href="http://www.exclusivetenantrep.com/">www.ExclusiveTenantRep.com</a> or by calling (757) 747-7440.</p>
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