by Ashley Helmer, on May 17, 2024 11:00:00 AM
Site Selection Group, a global location advisory, economic incentive and corporate real estate services firm, celebrates a major success as Spring Oaks Capital, LLC announces its expansion into Greater Albuquerque, a move expected to generate over 200 new job opportunities in the region. With Site Selection Group's guidance, Spring Oaks Capital navigated a competitive national site selection search to select Albuquerque as the ideal location for its growth outside its Virginia headquarters.
The decision to establish operations in Albuquerque followed a meticulous process facilitated by Site Selection Group, which included comprehensive site visits and in-depth analysis of various market factors. By leveraging their expertise in site selection and lease negotiations, Site Selection Group provided invaluable support to Spring Oaks Capital, ensuring they found a location aligned with their strategic objectives and operational needs.
Mayor Tim Keller and the City of Albuquerque Economic Development Department swiftly rallied behind the expansion, offering support to streamline the planning and permitting process for Spring Oaks Capital. Economic Development Director Max Gruner highlighted the significance of Spring Oaks Capital's decision, emphasizing the positive impact on the local economy and workforce.
Spring Oaks Capital's President & CEO, Tim Stapleford, expressed excitement about the company's new venture in Albuquerque, citing the strong sense of community and partnership experienced during the selection process. Danielle Casey, President and CEO of AREA, commented “Working with Site Selection Group as well as Spring Oaks Capital to make the case for our region for their expansion was an absolute pleasure, enhanced by the many amazing partners in the community who came to the table to participate in discussions and demonstrate that our region is the place to be.”
Read more about the project on the AREA website.
About Site Selection Group
Site Selection Group LLC is a leading, independent location advisory, economic incentive, and corporate real estate services firm providing solutions to corporations and communities worldwide. Site Selection Group offers four core services to our customers: Location Advisory, Economic Incentive, Corporate Real Estate, and Economic Development Consulting Services. Site Selection Group's mission is to align the needs of corporations with optimal locations in order to provide the absolute maximum economic benefit. For more information, visit www.siteselectiongroup.com.
