State and Local Incentive Representation

Pollina Corporate has used its expertise to help major corporations such as Bosch, Caterpillar, W.W. Grainger, and 3Com negotiate state and local incentive packages. Interestingly, most companies seek and receive only 10%-15% of the state and local incentives available. In a number of cases, our negotiations have represented as much as one third of the total capital investment for a particular project.

These incentives may take a variety of forms: property tax abatements, corporate tax reductions, payroll tax reductions, subsidized job training, free or low-cost property (land and buildings), publicly financed infrastructure (e.g., sewer and water, turn lanes, stoplights), low interest or forgivable loans, and cash grants. It is important to note that a company need not relocate to achieve significant state and local incentives.

Incentives are not limited to the big players only.  We have negotiated incentives for as few as 25 jobs.

Using a specially trained team, Pollina Corporate will:

  • Negotiate, maximum incentive offers from state and local governments, utilities, and economic development groups
  • Evaluate incentive offers and determine the benefit to corporations
  • Complete negotiation and documentation of incentives
  • Complete applications for statutory incentive programs
  • Develop documents to assure that all negotiated incentives will be provided

 

SERVICES

CORPORATE REAL ESTATE BROKERAGE
-Leasing and Acquisition
    Headquarters
    General Office
    Research & Development
    Manufacturing
    Warehouse Distribution
-Headquarters Analysis
-Sale/Leaseback Transaction Services
-Financing Alternatives
-Dispositions

GOVERNMENT FINANCIAL INCENTIVE

CORPORATE REAL ESTATE CONSULTING
-State & Local Financial Incentive Negotiations
-Site Selection/Location Analysis
    Labor Market Analysis
    Taxation
    Union Activity
-Strategic Planning Services
-Consolidation Analysis (Merger & Acquisitions)
-Workforce Analysis
-Build to Suit/Construction Documents
-Lease Management Services

ECONOMIC DEVELOPMENT CONSULTING
-Government Sale/Leasebacks
-State Business Climate – Assessments and Best Practices
-M4 Economic Development Study
-State and Local Incentive Programs – Assessment and Best Practices
-Regional ED Organization Development

PUBLIC SECTOR SALE/LEASEBACKS
-Sale/Leasebacks

 
401 Devon Ave, Park Ridge, IL, 60068

PH: (847) 685-9000 / EMAIL: bap@pollina.com