Dallas, TX (PRWEB) May 11, 2012
Regus Advisors Inc., (http://www.regusadvisors.com) a private global Investment Banking firm, announced today that it has signed an agreement to provide its advisory services for an $80M real estate development venture of a new shipping port in the State of New York.
Regus Advisors President Mervyn Price, said, “We are pleased to help structure a highly sophisticated transaction that involves the potential development of a new port that encompasses in excess of 650 acres of land and could become one of the largest new ports in the New York and New Jersey State area.”
Price added, “There is a need for additional container handling capacity within one of the largest ports in the world, the Port of New York and the Port of New Jersey. The proposed Development Port Facility contract is to purchase approximately 676 acres with the intent of developing the property into a fully functioning container terminal and logistics center capable of handling large qualities of containers.”
The developer’s vision is to satisfy a need for the site in the Port of New York and New Jersey for a private container terminal that has the advantage of logistics center attached (off public land) enabling the terminal to handle oversized and overweight cargo. It is anticipated that when completed the combination will provide a low cost per-container off-loading, handling and transfer available in the Port of New York and Port of New Jersey. When completed, the site could be one the largest Green Industrial and Wetland sites developed within the United States. It is anticipated that the project will create as many as 2,500 to 3,000 permanent jobs and upwards of 15,000 jobs during the construction period.
The site’s operational flexibility and economics will be further enhanced by the construction that is been considered by the Port Authority. The proposed site expects to earn substantial additional income in the next 3-5 years through the sale of selected sites.
For more information please contact Brian Shibley – [bshibley(at)regusadvisors(dot)com].
About Regus Advisors Inc:
Regus Advisors is a private global Investment Banking firm that provides strategic and financial advisory services to private and public companies to include; structure, documentation, financing and exit strategies as well as listing on domestic or foreign exchanges. Regus Advisors is not a FINRA licensed broker/dealer and does not buy/sell securities. More Info Visit http://www.regusadvisors.com
Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Regus does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.