DOCSLIB.ORG

Fifth Third Bank Marietta, GA | Atlanta MSA

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Fifth Third Bank Marietta, GA | Atlanta MSA FILE PHOTO OFFERING MEMORANDUM Fifth Third Bank Marietta, GA | Atlanta MSA This property is listed in conjunction with Georgia-licensed real estate broker Delta Commercial. www.preservewestcapital.com TABLE OF CONTENTS PROPERTY HIGHLIGHTS 1 AERIALS 5 PROPERTY INFORMATION 2 ABOUT THE AREA 7 TENANT INFORMATION 3 DEMOGRAPHICS 9 SITE PLAN 4 Disclaimer MGM Capital Corp dba Preserve West Capital (“Broker”) has been retained on an exclusive basis to market the property Putnam Daily described herein (“Property”). Broker has been authorized by the Seller of the Property (“Seller”) to prepare and distribute Partner the enclosed information (“Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of 415.445.5107 intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and [email protected] make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, CA RE License #01750064 you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate. Lindsey Snider The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition Vice President of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person 415.906.2887 without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller [email protected] and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation CA RE License #01443387 and neither the Seller, Broker, nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such Vahe Nokhoudian pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must Associate independently confirm the accuracy of the projections contained in the pro forma. 415.445,5122 Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, [email protected] to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a CA RE License #01963342 purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto. Michael Maffia Managing Partner Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information. 415.373.4060 [email protected] www.preservewestcapital.com CA RE License #01340853 PROPERTY HIGHLIGHTS PROVIDENCE SUARE Property Highlights • Absolute NNN Lease to Fifth Third Bank (NASDAQ: FITB) - Rare Annual 2% Rental Escalations - Investment Grade Tenant Rated Aa3 by Moody’s - $169.4 Billion in Assets • Highly Functional Footprint with 4 Drive-Thru ATM ast Side lementary Components • Robust Demographics within One of Atlanta’s Largest, Most Affluent Suburbs - Total Daytime Population of 2,163,479 within 15 Mile Radius - Average Household Income of $166,130 within 1 Mile of Site oswell Rd (1,730 AADT) - Nearly 75% of Adults within 1 Mile Radius have Earned Bachelor’s Degree or Higher • Excellent Access and Visibility within Dense Retail Hub - Combined AADT of 72,520 • Prominent Retail Location Adjacent to Super Target Anchored Center - Other Nearby Anchor Tenants Include Whole Foods, Trader Joe’s, Publix, Kroger, The Fresh Market, & Sprouts Farmers Market Providence d • Cobb County is Among the Top 100 Highest-Income Counties in U.S. - Most Educated County in Georgia and 12th Most Educated County Nationwide • Atlanta MSA is the 10th Largest Metropolitan Economy in the U.S. - GDP of Approximately $397 Billion • 22 Miles from Downtown Atlanta PRESERVE WEST CAPITAL | 1 PROPERTY INFORMATION PRICE $3,299,000 6.00% Return Location Annual Rent The property is located at 4209 Roswell Road in Marietta, Georgia. Years Annual Rent Return Lot Size 15 (Current) $197,922 6.00% Approximately 0.90 acres or 39,077 square feet. 16 $201,880 6.12% Improvements 17 $205,918 6.24% 18 $210,036 6.37% A 3,479 square foot retail building for Fifth Third Bank featuring 4 drive-thru ATM components. 19 $214,237 6.49% Parking 20 $218,522 6.62% 21-25 (Option 1)* $231,988 7.03% There are 20 parking spaces available on site. 26-30 (Option 2)* $256,133 7.76% Lease 21-25 (Option 3)* $282,792 8.57% Leased to Fifth Third Bank, N.A. for 20 years from January 2006 through December 31, 2025 at a current annual rent of $197,922. There are four (4) five-year options 26-30 (Option 4)* $312,225 9.46% to renew the lease. Rent is to increase by 2% annually. The lease is net with tenant *Option rent is to increase 2% annually throughout each option period; op- responsible for all taxes, insurance, and maintenance, including roof and structure. tion rents above reflect blended rent for each option period. Right of First Refusal Financing Fifth Third Bank shall have the right of first refusal to purchase the property on the This property will be delivered free and clear of permanent financing. same terms and conditions of those of any bona fide offer received by the landlord within ten (10) days of notice of such offer. PRESERVE WEST CAPITAL | 2 ABOUT THE TENANT Fifth Third Bancorp (NASDAQ: FITB) provides a variety of financial products and services, including checking, savings and money market accounts, wealth management solutions, payments and commerce solutions, insurance services and credit products such as commercial loans and leases, mortgage loans, credit cards, installment loans and auto loans to the commercial, financial, retail, governmental, educational, energy and healthcare sectors. As of December 31, 2019, Fifth Third had $169 billion in assets and operated 1,149 full-service banking centers and 2,481 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 53,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2019, had $413 billion in assets under care, of which it managed $49 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. For 2019, Fifth Third reported revenue of $7.25 billion, net income of $2.4 billion, and total stockholder equity of $16.25 billion. Fifth Third Bank, N.A. is an indirect subsidiary of Fifth Third Bancorp through which banking services are provided. As of December 31, 2019, the bank held total assets of $167.8 billion, total deposits of $132.4 billion, and net income of $2.7 billion. Fifth Third Bancorp is rated Baa1 by Moody’s and BBB+ by S&P. Fifth Third Bank, N.A., its banking subsidiary, is rated Aa3 by Moody’s and A- by S&P. PRESERVE WEST CAPITAL | 3 SITE PLAN 3479 SF PROVIDENCE RD ROSWELL RD AERIAL EAST VIEW WOODLAWN SUARE MERCHANT’S ECHANGE MERCHANT’S WALK Johnson Ferry Rd (30,790 AADT) Ro swell d (4 1 ,730 AADT) Providence d THE AVENUE EAST COBB NORTH VIEW EAST COBB CROSSING AERIAL Johnson Ferry Rd (30,790 AADT) ) T D A A 0 3 7 , 1 4 ( d R l l e w s o R Providence d ABOUT THE AREA General Overview Marietta (population 60,410) is the seat of Cobb County and one of Atlanta’s largest and most affluent suburbs, located approximately 20 miles north of Downtown Atlanta. Cobb County is the most educated county in Georgia and 12th most educated nationwide overall, is among the 100 highest-income counties nationwide, SITE and has been dubbed the “least obese county in Georgia.” The county is also home to the headquarters of The Weather Channel, General Electric’s Energy Management Division, Home Depot’s Customer Support Headquarters, and the headquarters of InTown Suites. The city is home to Dobbins Air Reserve Base, which is home to more than 2,000 personnel and has an economic impact of approximately $172 million. The city benefits from proximity to the robust Atlantic metropolitan economy, the 10th largest metropolitan economy in the U.S. with a GDP of approximately $397 billion. The region benefits from a broad economic base in trade, transportation, logistics, utilities, professional services, finance, government, education, healthcare, manufacturing, construction and information technology. Major companies headquartered in the Atlanta metropolitan area include Coca-Cola, Home Depot, United Parcel Service (UPS), Delta Airlines, AT&T Mobility, Newell Rubbermaid, Arby’s, Chick-Fil-A, Earthlink, Equifax, First Data, Foundation Financial Group, Gentiva Health Services, Georgia Pacific, NCR, Oxford Industries, RaceTrac Petroleum, Southern Company, SunTrust Banks, Mirant, and Waffle House. More than 75% of Fortune 1000 companies have a presence in the greater Atlanta region. ABOUT THE AREA Site Information The subject property is prominently situated with excellent access and visibility at the junction of Roswell Road (41,730 AADT) and Johnson Ferry Road (30,790 AADT).
Load more

Recommended publications
  • The Coca-Cola Company; Prohibited to Acquire 100 Percent of the Voting Reserve Bank Indicated
    39958 Federal Register / Vol. 60, No. 150 / Friday, August 4, 1995 / Notices Pikeville, Kentucky; to acquire 100 (12 CFR 225.23(a)(1)) for the Board's credit, pursuant to § 225.25(b)(1)(i) of percent of the voting shares of United approval under section 4(c)(8) of the the Board's Regulation Y. Whitley Corp., Williamsburg, Kentucky, Bank Holding Company Act (12 U.S.C. Board of Governors of the Federal Reserve and thereby indirectly acquire Bank of 1843(c)(8)) and § 225.21(a) of Regulation System, July 31, 1995. Williamsburg, Williamsburg, Kentucky. Y (12 CFR 225.21(a)) to commence or to William W. Wiles, In connection with this application engage de novo, either directly or Secretary of the Board. Whitley Acquisition Corp., Pikeville, through a subsidiary, in a nonbanking [FR Doc. 95±19209 Filed 8±3±95; 8:45 am] Kentucky, has applied to become a bank activity that is listed in § 225.25 of holding company. Regulation Y as closely related to BILLING CODE 6210±01±F B. Federal Reserve Bank of Chicago banking and permissible for bank (James A. Bluemle, Vice President) 230 holding companies. Unless otherwise South LaSalle Street, Chicago, Illinois noted, such activities will be conducted FEDERAL TRADE COMMISSION 60690: throughout the United States. [Dkt. 9207] 1. Comerica Inc., Detroit, Michigan, Each application is available for and Comerica Texas, Inc., Dallas, Texas; immediate inspection at the Federal The Coca-Cola Company; Prohibited to acquire 100 percent of the voting Reserve Bank indicated. Once the Trade Practices and Affirmative shares of QuestStar Bank, NA, Houston, application has been accepted for Corrective Actions Texas.
    [Show full text]
  • MEMORANDUM 3800 South Semoran Boulevard – Orlando, Florida 32822 Confidentiality and Disclaimer
    SunTrust Bank EXCLUSIVE NET - LEASE OFFERING OFFERING Actual Site Photo MEMORANDUM 3800 South Semoran Boulevard – Orlando, Florida 32822 Confidentiality and Disclaimer Marcus & Millichap hereby advises all prospective purchasers of properties, including newly-constructed facilities or newly- income or expenses for the subject property, the future projected Net Leased property as follows: acquired locations, may be set based on a tenant’s projected financial performance of the property, the size and square sales with little or no record of actual performance, or footage of the property and improvements, the presence or The information contained in this Marketing Brochure has been comparable rents for the area. Returns are not guaranteed; the absence of contaminating substances, PCB’s or asbestos, the obtained from sources we believe to be reliable. However, tenant and any guarantors may fail to pay the lease rent or compliance with State and Federal regulations, the physical Marcus & Millichap has not and will not verify any of this property taxes, or may fail to comply with other material terms of condition of the improvements thereon, or the financial information, nor has Marcus & Millichap conducted any the lease; cash flow may be interrupted in part or in whole due to condition or business prospects of any tenant, or any tenant’s investigation regarding these matters. Marcus & Millichap makes market, economic, environmental or other conditions. Regardless plans or intentions to continue its occupancy of the subject no guarantee, warranty or representation whatsoever about the of tenant history and lease guarantees, Buyer is responsible for property. The information contained in this Marketing Brochure accuracy or completeness of any information provided.
    [Show full text]
  • National Retailer & Restaurant Expansion Guide Spring 2016
    National Retailer & Restaurant Expansion Guide Spring 2016 Retailer Expansion Guide Spring 2016 National Retailer & Restaurant Expansion Guide Spring 2016 >> CLICK BELOW TO JUMP TO SECTION DISCOUNTER/ APPAREL BEAUTY SUPPLIES DOLLAR STORE OFFICE SUPPLIES SPORTING GOODS SUPERMARKET/ ACTIVE BEVERAGES DRUGSTORE PET/FARM GROCERY/ SPORTSWEAR HYPERMARKET CHILDREN’S BOOKS ENTERTAINMENT RESTAURANT BAKERY/BAGELS/ FINANCIAL FAMILY CARDS/GIFTS BREAKFAST/CAFE/ SERVICES DONUTS MEN’S CELLULAR HEALTH/ COFFEE/TEA FITNESS/NUTRITION SHOES CONSIGNMENT/ HOME RELATED FAST FOOD PAWN/THRIFT SPECIALTY CONSUMER FURNITURE/ FOOD/BEVERAGE ELECTRONICS FURNISHINGS SPECIALTY CONVENIENCE STORE/ FAMILY WOMEN’S GAS STATIONS HARDWARE CRAFTS/HOBBIES/ AUTOMOTIVE JEWELRY WITH LIQUOR TOYS BEAUTY SALONS/ DEPARTMENT MISCELLANEOUS SPAS STORE RETAIL 2 Retailer Expansion Guide Spring 2016 APPAREL: ACTIVE SPORTSWEAR 2016 2017 CURRENT PROJECTED PROJECTED MINMUM MAXIMUM RETAILER STORES STORES IN STORES IN SQUARE SQUARE SUMMARY OF EXPANSION 12 MONTHS 12 MONTHS FEET FEET Athleta 46 23 46 4,000 5,000 Nationally Bikini Village 51 2 4 1,400 1,600 Nationally Billabong 29 5 10 2,500 3,500 West Body & beach 10 1 2 1,300 1,800 Nationally Champs Sports 536 1 2 2,500 5,400 Nationally Change of Scandinavia 15 1 2 1,200 1,800 Nationally City Gear 130 15 15 4,000 5,000 Midwest, South D-TOX.com 7 2 4 1,200 1,700 Nationally Empire 8 2 4 8,000 10,000 Nationally Everything But Water 72 2 4 1,000 5,000 Nationally Free People 86 1 2 2,500 3,000 Nationally Fresh Produce Sportswear 37 5 10 2,000 3,000 CA
    [Show full text]
  • Fuel Retail Ready for Ev's 11 Technology 12 Mobile Commerce for Fuel Retail 14 Edgepetrol's New Technology
    WWW.PETROLWORLD.COM Issue 1 2019 TECHNOLOGYWORLD SHOPWORLD FRANCHISEWORLD FOODSERVICESWORLD FUEL RETAIL READY FOR EV’S Mobile Commerce for Fuel Retail New Technology EdgePetrol The Customer Service Station Experience Evolves Byco Petroleum Pakistan INFORMING AND SERVING THE FUEL INDUSTRY GLOBALLY DESIGNED FOR YOU Wayne HelixTM fuel dispenser www.wayne.com ©2018. Wayne, the Wayne logo, Helix, Dover Fueling Solutions logo and combinations thereof are trademarks or registered trademarks of Wayne Fueling Systems, in the United States and other countries. Other names are for informational purposes and may be trademarks of their respective owners. TRANSFORM your forecourt DESIGNED FOR YOU Wayne HelixTM fuel dispenser www.wayne.com Tokheim QuantiumTM 510 fuel dispenser ©2018. Wayne, the Wayne logo, Helix, Dover Fueling Solutions logo and combinations thereof are trademarks or registered trademarks of Wayne Fueling Systems, in the United States and other countries. Other names are for informational purposes and may be trademarks of their respective owners. © 2018 Dover Fueling Solutions. All rights reserved. DOVER, the DOVER D Design, DOVER FUELING SOLUTIONS, and other trademarks referenced herein are trademarks of Delaware Capital Formation. Inc./Dover Corporation, Dover Fueling Solutions UK Ltd. and their aflliated entities. 092018v2 2 + CONTENTS 08 FUEL RETAIL READY SECTION 1: FEATURES FOR EV'S 04 WORLD VIEW Key stories from around the world 08 FUEL RETAIL READY FOR EV'S 11 TECHNOLOGY 12 MOBILE COMMERCE FOR FUEL RETAIL 14 EDGEPETROL'S NEW
    [Show full text]
  • Suntrust Bank 3334 Virginia Beach Blvd Virginia Beach, VA (Virginia Beach–Norfolk–Newport News MSA) TABLE of CONTENTS
    NET LEASE INVESTMENT OFFERING SunTrust Bank 3334 Virginia Beach Blvd Virginia Beach, VA (Virginia Beach–Norfolk–Newport News MSA) TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile II. Location Overview III. Market & Tenant Overview Executive Summary Photographs Demographic Report Investment Highlights Aerials Market Overview Property Overview Site Plan Tenant Overview Map NET LEASE INVESTMENT OFFERING DISCLAIMER STATEMENT DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. STATEMENT: It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. NET LEASE INVESTMENT OFFERING EXECUTIVE SUMMARY EXECUTIVE The Boulder Group is pleased to exclusively market for sale a single tenant SunTrust Bank located in Virginia Beach, SUMMARY: Virginia.
    [Show full text]
  • Chairman, President and CEO Southern Company Atlanta, GA
    BOARD OF DIRECTORS 1. JUANITA POWELL BARANCO 4. THOMAS A. FANNING 6. VERONICA M. HAGEN 8. LINDA P. HUDSON 11. DALE E. KLEIN 13. STEVEN R. SPECKER Executive Vice President Chairman, President and CEO Lead Independent Director Founder, Chairman and CEO Associate Vice Chancellor of Research Retired President and CEO and Chief Operating Officer Southern Company Southern Company Board The Cardea Group University of Texas System Electric Power Research Institute (energy) Baranco Automotive Group (automobile sales) Atlanta, GA | Age 59 | elected 2010 Retired President and CEO (business management consulting) Associate Director The Energy Institute Scottsdale, AZ | Age 70 | elected 2010 Atlanta, GA | Age 67 | elected 2006 Other directorships: Federal Reserve Polymer Group, Inc. (engineered materials) Charlotte, NC | Age 65 | elected 2014 at the University of Texas at Austin Board committees: Nuclear/Operations (chair), Board committee: Audit Bank of Atlanta (chair), Vulcan Materials Company Laguna Niguel, CA | Age 70 | elected 2008 Board committees: Governance, Nuclear/ Retired Chairman U.S. Nuclear Regulatory Compensation and Management Succession Other directorships: None Board committees: Compensation and Operations, Business Security Subcommittee Commission (energy) Other directorship: Trilliant, Inc. 5. DAVID J. GRAIN Management Succession, Nuclear/Operations Other directorships: Bank of America Corporation, Austin, TX | Age 68 | elected 2010 2. JON A. BOSCIA Founder and Managing Partner Other directorships: Newmont Mining Corporation, Ingersoll Rand, Inc. Board committees: Governance, 14. LARRY D. THOMPSON Founder and President Grain Management, LLC (private equity firm) American Water Works Company, Inc. Nuclear/Operations, Business Security Incoming Lead Independent Director 9. DONALD M. JAMES Subcommittee (chair) Boardroom Advisors LLC Sarasota, FL | Age 53 | elected 2012 Southern Company Board (effective May 2016) 7.
    [Show full text]
  • Sba Georgia District Office 3 Party Lender Ranking
    SBA GEORGIA DISTRICT OFFICE 3rd PARTY LENDER RANKING October 1, 2014 – August 31, 2015 LENDER NAME # OF LOANS 3rd Party Amount SBA Amount Wells Fargo Bank, National Association 8 17,473,400.00 14,322,000.00 Bank of America, National Association 7 3,457,311.00 2,884,000.00 State Bank and Trust Company 6 10,121,457.00 6,798,000.00 AFB&T, a division of 5 1,827,500.00 1,510,000.00 Branch Banking and Trust Company 5 6,385,800.00 4,978,000.00 JPMorgan Chase Bank, National Association 5 2,311,100.00 1,686,000.00 Community & Southern Bank 4 2,692,173.00 2,044,000.00 The Brand Banking Company 4 3,233,500.00 2,092,000.00 Ameris Bank 3 7,110,700.00 4,879,000.00 Citizens Trust Bank 3 2,031,472.00 1,632,000.00 Fidelity Bank 3 1,098,750.00 876,000.00 Heritage Bank 3 6,989,360.00 5,238,000.00 Metro City Bank 3 11,167,000.00 7,724,000.00 Regions Bank 3 1,179,411.00 985,000.00 Touchmark National Bank 3 6,390,500.00 4,344,000.00 Bank of North Georgia, a division of 2 5,760,000.00 2,785,000.00 CB&T Bank of Middle Georgia, a division of 2 3,532,500.00 2,611,000.00 Chattahoochee Bank of Georgia 2 1,191,817.00 896,000.00 Georgia Bank & Trust Company of Augusta 2 1,698,500.00 1,252,000.00 KeyWorth Bank 2 1,732,080.00 764,000.00 Oconee State Bank 2 2,398,000.00 1,794,000.00 Queensbourough National Bank and Trust Company 2 1,039,500.00 774,000.00 SunTrust Bank 2 3,725,500.00 2,745,000.00 Atlantic Capital Bank 1 855,000.00 881,000.00 Cherokee Bank, National Association 1 321,500.00 271,000.00 City National Bank of Florida 1 5,132,398.00 4,218,000.00 Columbus Bank
    [Show full text]
  • The Ways of Waffle House
    The Bitter Southerner Podcast: The Ways of Waffle House Chuck Reece: 00:04 It's the Bitter Southerner podcast from Georgia Public Broadcasting, and the magazine I edit, the Bitter Southerner. Welcome to Episode Five of our second season. I'm Chuck Reece, and today we take you to a place that is familiar to every Southerner. The Waffle House. 00:21 (singing) Chuck Reece: 00:35 Yeah, we even sing about The Waffle House. (singing) And every Southerner has their Waffle House memories. Many are from late nights, and they might be blurry in the brain, because Waffle House is, after all, a place where the night owls go before they crawl in bed and hide from the sun. 01:14 (singing) Chuck Reece: 01:34 Many other of our Waffle House memories are from childhood, because every Southern kid will be taken to a Waffle House at some point. It took about five seconds for us to see this phenomenon one more time, on the day we walked into Waffle House store number 1000 in Avondale Estates, Georgia, with a bag full of microphones. Samantha Naik: 01:54 You want to answer some questions about The Waffle House? Chuck Reece: 01:56 This is Samantha Naik, and her daughter, Annika. Samantha Naik: 01:59 Well, she's only four, so she's been coming for four years, and I've been coming for as long as I have memories. Chuck Reece: 02:07 Sam lives around the corner from the very first Waffle House. It's now a museum and it's just down the block from the store that we're in today.
    [Show full text]
  • Lessons in Disaster Supply Chain Management from Waffle House Restaurants
    Lessons in Disaster Supply Chain Management from Waffle House Restaurants Özlem Ergun, Jessica L. Heier Stamm*, Pinar Keskinocak, and Julie L. Swann This teaching case is intended to document the practices of Waffle House Restaurants and to provide a basis for classroom discussion. The information presented herein does not constitute an official recommendation for particular scenarios arising in practice. The authors gratefully acknowledge the Waffle House Restaurants personnel for sharing generously of their time, experience, and process documentation for the writing of this case. Support for this work was provided by the Georgia Institute of Technology Focused Research Program on Humanitarian Response, the Harold R. and Mary Anne Nash Junior Faculty Endowment Fund, National Science Foundation Grant SBE-0624269, and a National Science Foundation Graduate Research Fellowship. Any opinions, findings, and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the National Science Foundation. *corresponding author: Jessica L. Heier Stamm; 765 Ferst Drive NW, Atlanta, GA 30332-0205; Email: [email protected]. Page 1 Lessons in Disaster Supply Chain Management from Waffle House Restaurants 1 1 Introduction Tom Forkner and Joe Rogers, Sr., opened the first Waffle House Restaurants store with a commitment to outstanding service, both to their customers and to their employees. This dedication to the community is still witnessed today, and perhaps is most evident in the company’s philosophy toward hurricane response. In this case study, we detail the company philosophy and describe their preparation for hurricane season, their response process, and the lessons they have learned to improve the process through the years.
    [Show full text]
  • 2020 Gala Program
    2.22.20 CRISTO REY Benefitting Jim kim & scott Presenting Sponsors Childs kingsfield Serving communities. Changing lives. What matters to you matters to us. At EY, we’re proud to support Cristo Rey Jesuit High School. It’s one of the ways we’re helping to make our community a better place to work and live. A better and brighter future starts with all of us. Visit ey.com © 2020 Ernst & Young LLP. All Rights Reserved. EDNone Reserved. All Rights LLP. & Young © 2020 Ernst Welcome! Welcome to the second Rey of Hope Gala – a celebration of our most generous donors and our fearless leader, Bill Garrett. Tonight is also a celebration of the 525 students we have the honor to serve every day. These extraordinary young people make us proud as they travel the city to work in their corporate jobs, and as their remarkable achievements in the classroom. Their youth brings energy, creativity and a fresh perspective to our 132 corporate jobs partners. This year’s senior class will graduate in May, joining the 237 alumni who have gone before them, and 100% of them have been accepted into college. Our graduates attend some of the country’s most prestigious colleges, and this year we have our first student heading to an Ivy League college in the fall. It is humbling to think of how far this school has come in just six years. It is safe to say that all that has been accomplished would not have been possible without the leadership of Bill Garrett and the support of everyone here tonight.
    [Show full text]
  • City of Lakeland, Florida City Manager Recruitment Portfolio
    City of Lakeland, Florida City Manager Recruitment Portfolio September 25, 2020 The Honorable William “Bill” Mutz, Mayor and Members of the City Commission City of Lakeland 228 S. Massachusetts Ave. Lakeland, FL 33801 Dear Mayor Mutz and Commission Members: Thank you for the opportunity to assist the City of Lakeland in the recruitment and selection process for the City Manager position. The City Manager search yielded 126 resumes from 28 states, including 59 applications from Florida. Enclosed are the recommendations for this position. Candidates listed under (Recommended for Further Consideration) are the candidates I believe are most suited to the position. (Additional Candidates Interviewed) candidates are candidates who are generally qualified, but not as strongly recommended. I look forward to reviewing the credentials for these candidates with you on September 29th. Again, thank you for the opportunity to assist you in this important recruitment! Best wishes, Heidi J. Voorhees President GovHR USA, LLC City of Lakeland, Florida City Manager Presented in Alphabetical Order Candidates Recommended for Further Consideration Candidate 1..……………………………………………. Marc Antonie-Cooper Interim City Manager City of Deltona, Florida Candidate 2……………………………………………… Carmen Y. Davis County Administrator (former) Hinds County, Mississippi Candidate 3..……………………………………. ……… Natasha S. Hampton Assistant City Manager City of Rocky Mount, North Carolina Candidate 4...…………………………………………… Thomas J. Hutka Director of Public Works (former) Broward County, Florida Candidate 5……………………………………………… Alex “Ty” Kovach Executive Director Lake County Forest Preserve District Libertyville, Illinois Candidate 6……………………………………………… Ronda E. Perez Assistant City Manager City of Lancaster, California Candidate 7……………………………………………… Richard Reade Village Manager/Palm Springs CRA Executive Director Village of Palm Springs, Florida Candidate 8……………………………………………… Michael “Shawn” Sherrouse Deputy City Manager City of Lakeland, Florida Additional Candidates Interviewed Candidate 9…………………………………………..….
    [Show full text]
  • I Protested My Appraisal
    May 14, 2019 Our 25th Year of Publishing (979) 849-5407 PLEASE mybulletinnewspaper.com © 2019 TAKE ONE LAKE JACKSON • CLUTE • RICHWOOD • FREEPORT • OYSTER CREEK • ANGLETON • DANBURY • ALVIN • WEST COLUMBIA • BRAZORIA • SWEENY Sky, bugs, trucks are bigger in Texas I protested my appraisal There was no line, and I received an informal The Bulletin’s biggest Ticket Give-Away Contest hearing right away We’re going to send some lucky Bulletin readers to Schlitterbahn Waterpark in Galveston again this year. But this time, we’ll send more There are certain things I really than ever. We plan to give away a set of two tickets ($100+ value) to 10 don’t look forward to, like going to winners. All you have to do is fill out this entry blank completely and mail the dentist, getting a colonoscopy, it to The Bulletin, P.O. Box 2426, Angleton, TX 77516. If you want to save or heading down to the Brazoria a stamp, you can fax it to us toll-free at 1-866-844-5288, or email the County Appraisal District offices to completed entry form to [email protected]. One entry per person, try to bring my property appraisal please. Entry deadline is May 28. Winners will be announced on June 4, back down to Earth. 2019. My dentist is really nice, and I overcame that fear a long time ago. NAME:_____________________________________________________ I’m not going to make any com- ments on colonoscopies. People By B.A. Belthoff azure blue its expansive appear- ADDRESS:_________________________________________________ my age know The Bulletin ance.
    [Show full text]