-Caveat Lector- from: http://www.amcity.com/sanantonio/stories/1999/03/29/story3.html March 29, 1999 Psychological Corp. eying office project, sources say Megan Kamerick The Psychological Corp. is scouting around the city's North Side looking for a site to build a large corporate campus, according to local real estate officials. The company, a division of Harcourt Brace & Co. based in Orlando, Fla., wants to develop a building with between 500,000 and 700,000 square feet of space to consolidate its San Antonio operations, say sources familiar with the company's plans. They add that those plans might also involve relocating other Harcourt Brace operations to San Antonio. The Psychological Corp. currently operates out of about 400,000 square feet of space in San Antonio, says Dave Samuels, spokesman for Harcourt Brace. This includes a facility at 555 Academic Court that the company owns, Samuels says, as well as a storage facility at 6818 S. Zarzamora and office space in Colonnade I at 9901 I-10 West. Charles Martin Wender, who manages and leases the Zarzamora space, says Psychological Corp. has an option to purchase the Zarzamora location. "They have until Nov. 30 to make a decision," Wender says. "They have an option to buy." Wender says he has not heard anything about the company's plans for possible consolidation into one location. Samuels confirms that Psychological Corp. has been looking around for other space. "But we've been looking around for space for four years," he says. "This is not a project that's new. This has been an ongoing project." Local real estate brokers and developers say the company is zeroing in on a location about a mile north of Loop 1604 on the east side of Bulverde Road that is owned by the estate of one of the Steubing family members. Local sources say broker Eldon Roalson with Roalson Interests is working with Psychological Corp. on site selection. Eldon Roalson declined to comment. Samuels also declined to comment on specific plans or locations with respect to the company's search for space. "We don't have anything rock solid put to bed," Samuels says. "We're contemplating if we can make things work in something bigger than 400,000 square feet. We've been looking at it for four years and trying to make a decision." He would not comment on whether Harcourt Brace may consolidate operations from other markets in San Antonio. People familiar with the company's plans say Psychological Corp. is looking at developing one large building that would be up to 700,000 square feet in size in a campus-type environment. Mario Hernandez, executive director of the San Antonio Economic Development Foundation (EDF), says his organization is not working with Psychological Corp. to find space because the company is already established in San Antonio, but he hopes they will stay here. The EDF helped bring the company here in the mid-1980s. "They're landlocked," he says of Psychological Corp.'s current location at Academic Court. "They have over 200,000 square feet where they're at, but it's not enough space to continue to grow, and they're such a valuable entity to the business community. They design and grade the intelligence measuring devices there, so it's very unique and provides a lot of opportunities for teachers to have jobs in the summer." The Psychological Corp. publishes and distributes tests and related products for professionals in psychology, health, business, general education, bilingual education and special education. The company has about 700 employees here, Hernandez estimates. The Psychological Corp. was founded in 1921 for the purposes of developing psychological tests and materials for psychologists and to publish individualized psychological assessments. It was purchased in 1974 by Harcourt Brace & Co., the nation's largest publisher of books and materials for education, medicine and in academic/research areas. Harcourt Brace is a subsidiary of Harcourt General Inc., based in Newton, Mass. Harcourt General has two core businesses: educational publishing through Harcourt Brace, and upscale retailing through The Neiman Marcus Group. The company also owns Drake Beam Morin, an outplacement services firm, according to Hoover's, an online research service. "The company is hoping to accomplish the twin goals of solidifying its existing businesses and breaking out into new markets," according to Hoover's. In 1998, Harcourt General acquired medical publisher Mosby and information technology training service provider Gartner Learning. It also created a health sciences division. In 1997, Harcourt bought National Education Corp. for $854 million, Hoover's states. Once known as Harcourt Brace Jovanovich (HBJ), the company is perhaps best known here through its previous ownership of Sea World. HBJ sold Sea World in 1989. ------------ http://www.sec.gov/Archives/edgar/data/1037989/0000950123-97-004952.txt CHESTNUT HILL, MA, June 11, 1997 -- Harcourt General, Inc. (NYSE:H) announced today that it completed the merger of National Education Corporation (NEC) on June 10th. The merger was the second step in a two-step acquisition. The first step, a cash tender offer for all the outstanding shares of NEC at $21.00 per share, was completed on June 4, 1997. As a result of the merger, NEC is now a wholly-owned subsidiary of Harcourt General. The merger results in the automatic conversion of the remaining NEC shares into the right to receive $21.00 per former NEC share. Harcourt General, Inc. is a growth-oriented operating company with core businesses in publishing and specialty retailing. The Company also provides professional outplacement services to clients worldwide. National Education Corporation's operations include ICS Learning Systems, the largest provider of distance education in vocational, academic and professional studies; National Education Training Group, the leader in information technology interactive multimedia-based learning products; and 83% ownership of Steck-Vaughn Publishing Corporation, one of the largest publishers of supplemental education materials. http://www.sec.gov/Archives/edgar/data/40493/0000950123-95-000554.txt Educational Publishing. The educational publishing group includes the operations of Harcourt Brace School; Holt, Rinehart and Winston; Harcourt Brace College and The Psychological Corporation. Harcourt Brace School publishes textbooks and related instructional materials for the elementary grades. Holt, Rinehart and Winston publishes instructional materials for grades 7 through 12. Harcourt Brace College publishes books for the college and university market under the Harcourt Brace, Saunders and Dryden Press imprints. The Psychological Corporation provides aptitude, diagnostic, achievement and performance tests and related products for educational, psychological, clinical and professional assessment. The Company owns approximately 65% of the outstanding equity, on a fully-converted basis, of The Neiman Marcus Group, Inc. ("NMG"), which operates Neiman Marcus, Bergdorf Goodman and Contempo Casuals. ======== > >Das Goat wrote: > >>>"In my childhood," he [Whitley Streiber] said quietly," I ws tested at a >university in San Antonio, in about 1954-55, for a long time, with a lot of >tests - this was the same time I was having my encounters as a child. >Intelligence tests, I guess they were; I don't remember them very clearly. >My brother was subjected when he was the same age to the same tests at the >same place by the same doctor. We were never told what these tests were >about. We were never told by our parents why it was done."<< > DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance—not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. 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