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Christmas Miracle –
CNBC.com Feature Article
Seasonal Success Story:
BIG SKY Enterprises Flourishes in Church Construction Sector
Daimler Trucks North America Celebrates Production of 1,000th Hybrid Electric Vehicle
Big Sky LLC Secures Contracts, Breaks Ground on Multiple Projects
VOORHEES--BIG SKY Enterprises, LLC, a Northeast commercial design and build firm, has announced that, despite the economic downturn that continued to oppress the commercial real estate sector at large in 2010, year-to-date it has achieved multiple corporate milestones, including securing 6 large-scale commercial financing and construction contracts.
BIG SKY Enterprises Secures Large-Scale Church Construction Contracts
BIG SKY Enterprises, LLC a leading Northeast commercial and church design and build firm that uniquely develops, executes and oversees the entire project life cycle, today announced that, despite the economic downturn.
Leading Northeast Commercial Development, Design, Build and Financing Firm Secures Six Key Contracts, Achieves Multiple Corporate Milestones
Colliers International Negotiates $23.85 Million Investment Sale of a 351,723-Square-Foot Distribution Center in Kern County, CA
Atlantic City Press
Modest improvement seen in local commercial real estate
Commercial real estate activity in this region is increasing modestly, consistent with the latest forecast for the sector to stabilize nationwide and improve slightly in 2011.
Big Sky LLC Secures Contracts, Breaks Ground on Multiple Projects
VOORHEES--BIG SKY Enterprises, LLC, a Northeast commercial design and build firm, has announced that, despite the economic downturn that continued to oppress the commercial real estate sector at large in 2010, year-to-date it has achieved multiple corporate milestones, including securing 6 large-scale commercial financing and construction contracts.
The Buzz
"Looking forward to 2011, we are forecasting to have our best year yet," says Ryan Regina of BIG SKY Enterprises, a developer in N.J.
Regina says seven years ago, 25 percent of BIG SKY's projects was building churches. Now it's 80 percent. "What we see in various builders' magazines, there seems to be a steady increase in church construction."
The green vehicle movement is trucking along at Daimler Trucks North America (DTNA). A few days ago, the company marked the production of its 1,000th hybrid electric vehicle with a celebration at its Mt. Holly, N.C., plant. The 1,000th vehicle -- a Freightliner Business Class M2 106 Hybrid truck -- is manufactured at the Mt. Holly location.
In spite of the economic recession and construction industry slump, BIG SKY realized many key achievements, including the following:
- Secured multiple contracts in New Jersey and Pennsylvania, including:
- 50,000-sf Life in Christ Cathedral of Faith Community Center that will include a sanctuary, charter school, retail, office Incubator and gymnasium;
"Despite the economic downturn and layoffs elsewhere, our church clients did not experience a reduction in revenue like so many entities in the private sector," said Michael Regina, co-founder and owner of BIG SKY.
KERN COUNTY, CA — Colliers International, the second largest real estate services organization globally, has negotiated the disposition of a 351,723-square-foot single tenant, fulfillment and distribution center at the Tejon Industrial Complex I(top left photo)n Kern County, Calif. to a New York City- based institutional group.
The transaction is valued at $23.85 million.
“I’m starting to see some movement, nothing major because we’re still dealing with the condition of the casino industry,” said Richard Baehrle, a commercial real estate specialist with Prudential Fox & Roach of Northfield. “Construction remains slow, but we’re starting to see signs of new businesses coming in.”
Small numbers of new developments are starting or being acquired, while the main target for investors remains existing, revenue-producing businesses.
In spite of the economic recession and construction industry slump, BIG SKY realized many key achievements, including the following:
- Secured multiple contracts in New Jersey and Pennsylvania, including:
- 50,000-sf Life in Christ Cathedral of Faith Community Center that will include a sanctuary, charter school, retail, office Incubator and gymnasium;
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