NAIOP - National Association of Industrial and Office Properties, Northern Virginia Chapter Serving the Development Industry nearly for 30 Years
In celebration of having and maintaining over 800 members, the Northern Virginia NAIOP Board of Directors and members enjoyed an amazing Lobsterfest at Fosters Downeast at National Harbor.
Many thanks to our reception sponsor: The Peterson Companies
LOCATION
Fosters Downeast at National Harbor
Northern Virginia NAIOP Members had lunch on Thursday, June 26 to discuss the Tysons Corner Land Use Task Force. The Task Force is finalizing its recommended revisions to the Tysons Corner Comprehensive Plan which anticipates the arrival of rail through Tysons and out to Dulles Airport and Loudoun County. The recommendations and ultimate changes approved by the Board of Supervisors will significantly affect the future of Tysons Corner and the interests of many property owners.
This lunch was an opportunity for NAIOP Members to learn more about the direction that the recommendations are headed. Presentations on the Task Force work were made by NAIOP members, Stu Mendelsohn, a partner at Holland & Knight and a former Fairfax County Supervisor, and Keith Turner, a Senior Vice President at WEST*GROUP. Turner chairs the Transportation Subcommittee of the Task Force and Mendelsohn has been an active participant on the Implementation Subcommittee of the Task Force. Both of these areas are critical to the successful transformation of 1,700 acres of Tysons Corner into a vibrant, 24-7, urban downtown. Members learned about what is envisioned and how it will become a reality.
Stu Mendelsohn, Holland & Knight
Keith Turner, WEST*GROUP
Click here for Speaker Presentations (9MB) [pdf]
Click here for More on Tysons Land Use Task Force
On Wednesday, June 18, Northern Virginia NAIOP’s luncheon program focused on the Virginia Department of Transportation (VDOT) I-95 and I-495 HOV/Bus/HOT lanes project. Ronaldo (Nick) Nicholson, VDOT’s regional transportation director for the HOV/Bus/HOT lanes megaproject, was the featured speaker. ING Clarion Partners hosted the luncheon at 2980 Fairview Park Drive, which provided an excellent view of the Beltway.
Under a public private partnership, Capitol Beltway Express LLC, will build two HOV/Bus/HOT lanes in each direction from Springfield to just north of the Dulles Toll Road. The project includes adding carpool ramps from the I-95 HOV lanes to the Beltway HOV lanes. The project is expected to begin in the spring of 2008 and to be completed by late 2012. Fluor-Transurban has proposed a separate project which would add an HOV/Bus/HOT lane to the I-95/I-395 HOV lanes and build two new HOV lanes on I-95 between the Route 234 and Massaponax exits. This project could begin in 2009.
For both projects, tolls will be based on demand and will vary throughout the day according to real time traffic conditions. This will manage the number of cars in the HOV/Bus/HOT lanes and keep them free of congestion. The project is designed to provide congestion relief to all drivers, keep traffic moving on the Capitol Beltway, and reduce cut through traffic on neighborhood streets.
Many thanks to our lunch sponsor: ING Clarion Partners
Ronaldo (Nick) Nicholson, VDOT’s regional transportation director
Click here for Presentation:
VDOT HOT Lanes Presentation [pdf]
Spring Double Golf TournamentResults now posted!!
2008 Spring Golf Results [pdf]
DATE
Monday, June 2, 2008
LOCATION
Westwood Country Club, 800 Maple Avenue East, Vienna, Virginia
For More Information:
2008 Spring Double Golf Tournament Info [pdf]
Golf Cart Sponsor
Lunch Sponsor
Dinner Sponsor
Northern Virginia NAIOP Members had lunch on Wednesday, May 21 with Scott York, Chairman of the Loudoun County Board of Supervisors. Mr. York is serving his third term as chairman. He was a key player in the passage of the county’s revised Comprehensive Plan and Remapping/Zoning Ordinance amendments implementing “Smart Growth” in Loudoun. He has a long history of involvement in Loudoun’s economic development and currently serves on the Board’s Economic Development Committee. Mr. York also represents Loudoun on the Northern Virginia Transportation Authority.
The discussion covered a wide range of issues such as the implementation of the 2007 ZORC changes, the economy, and the Countywide Transportation Plan.
Many thanks to our lunch sponsor: TRINITY Group Construction

The nationally acclaimed Northern Virginia NAIOP Bus Tour was on held May 1st. The 2008 Northern Virginia NAIOP Bus Tour focused on areas outside the Beltway. The tour started in the Herndon/Dulles area with the morning part of the tour covering the Route 28, Route 50 and western Prince William County submarkets such as Innovation Center and Heritage Hunt. In the afternoon, the tour covered Route 28 North, Route 7 West, Dulles, Herndon and Reston. Over 450 people participated in this exciting opportunity to learn all about the market and what is approved, under construction and ready for occupancy.
Prior to the buses leaving, there was a fantastic Bus Tour Tradeshow. This was a great opportunity to network and see exhibits from key projects and consultants in the market.
DATE
Thursday, May 1, 2008
LOCATION
13857 McLearen Road, Herndon, Virginia
Purchase an extra copy of the 2008 NAIOP Bus Tour Guidebook
On Friday, April 11, 2008 Northern Virginia NAIOP hosted a luncheon program focused on the emergence of Reston Heights. Currently under development by The JBG Companies, Reston Heights will be a unique 35 acre mixed-use development fronting the Dulles Toll Road and Reston Parkway. Upon completion, Reston Heights will feature LEED Silver certified office space, high-end luxury retail, up to three hotels, and residential living including workforce housing.
The program speakers discussed the vision and challenges of the Reston Heights project including the entitlement process, transportation issues, design strategies and marketing.
Rob Faktorow, Executive Vice President, CB Richard Ellis
Andrew Rollman, AIA, LEED AP, Vice President, SmithGroup
Patricia Nicoson, President, Dulles Corridor Rail Association
John Schlichting, Managing Director, The JBG Companies
DATE
Friday, April 11, 2008
Click here for Presentations:
Reston Heights Presentation [pdf]
On Thursday, March 13, 2008 Northern Virginia NAIOP held a luncheon program focused on the real estate debt market. Industry leaders discussed perspectives and answered audience questions about:
1. Changes in the market over the past 12 months
2. Current sources, availability and requirements to obtain construction, mezzanine and permanent loans from life companies, commercial banks and CMBS and other institutional lenders for all project types
3. Expectations for the next 12 months
Brian V. Casey, Regional Director, MetLife
Joseph W. Donato, Jr., Managing Director, CBRE Capital Markets
A. David Horsman, Regional Manager, SunTrust Bank
Judy P. McMahan, Senior Vice President, Transwestern Realty Finance Partners, LLC
Marc C. DeLuca, Director, ING Clarion
On Thursday, March 6, 2008, Northern Virginia NAIOP held a breakfast seminar on BIM - Building Information Modeling, an emerging technology which is becoming a building design standard.
The panelists provided information about its application to the design and construction process and benefits to developers, building owners and property managers. Doug Palladino of RTKL Associates Inc. discussed the architectural issues and Ray Doyle of KlingStubbins examined the engineering design challenges. Each reviewed their discipline and examined the advantages of BIM.
Clark Construction's Alex Zolotov talked about project coordination and scheduling issues and Dirk Haire of Holland + Knight focused on document ownership and legal risk. Alberto Cavallero of KlingStubbins presented an introductory overview and moderated this comprehensive, in-depth discussion and analysis of BIM.
Raymond E. Doyle, PE, LEED, Engineering Design Principal, KlingStubbins
Dirk Haire Partner, Holland + Knight
Douglas Palladino, Principal, RTKL Associates Inc.
Alexander V. Zolotov, BIM Project Engineer, Clark Construction Group, LLC
Alberto Cavallero, AIA, LEED, Architectural Design Principal, KlingStubbins
Speaker Presentations:
Overview - Cavallero [pdf]
Design and Documentation - Palladino [pdf]
Design Optimization - Doyle [pdf]
Construction Implementation - Zolotov [pdf]
BIM and Legal Risk - Haire [pdf]
Northern Virginia NAIOP held their Annual Forecast on Thursday, February 7, 2008 for an informative look back at 2007 and a forecast of the performance, challenges and opportunities for commercial real estate during the coming year.
Bruce Mosler, President and Chief Executive Officer of Cushman and Wakefield, provided unique global and national perspectives. Audrey Cramer, Vice Chairman, and Dave Millard, Senior Director, of Cushman and Wakefield added observations on the local markets. The program had "something for everyone" that has an interest in the outlook for commercial real estate nationally as well as in the Washington Metropolitan Area and Northern Virginia submarkets.
Download the Presentation [PDF]
Northern Virginia NAIOP held a Network Luncheon on Thursday, January 17, 2008 for a program on the impact of BRAC (Base Realignment and Closure) at Fort Belvoir and the resulting emergence of Springfield as a new hub for private and public sector development. Our panelists provided guests with information about the plans for Fort Belvoir and the National Geospatial-Intelligence Agency (NGA), private-sector development in the Springfield area, and the impact of BRAC and commercial development on Fairfax County and the region.
The speakers engaged the audience with their diverse perspectives and direct knowledge of the planning for Fort Belvoir and the future development which will affect the growth of this expanding market. Colonel Rossi provided a detailed overview of Fort Belvoir/NGA. Jon Kaylor presented Boston Properties development plans for Springfield. Gerry Connolly focused on the impact on Springfield and Fairfax County. John Robinson moderated this comprehensive, in-depth discussion and analysis of the impact of BRAC.
Speaker Presentations:
Kaylor Presentation
Colonel Rossi Presentation
Knight Kiplinger
Kiplinger Washington Editors
On Wednesday, December 12, 2007, Northern Virginia NAIOP held their annual meeting and luncheon at the Ritz Carlton in Tysons Corner, Virginia. Their guest speaker was Knight Kiplinger, Editor in Chief of The Kiplinger Letter and Kiplinger.com.
The Kiplinger Letter, introduced in 1923, remains the longest continually published newsletter in the United States. Knight Kiplinger is one of America's most respected economic journalists and business forecasters. In his writing, speeches and appearances on major TV and radio networks, he cuts through the complexity of financial subjects with clarity and foresight.
Mr. Kiplinger has covered business, economic and political trends for nearly three decades, as a newspaper reporter, Washington bureau chief and editor. He is the author of several books, including World Boom Ahead, wherein he forecasts that the United States will benefit from the economies of Asia, Latin America and Eastern Europe. Positioned in the heart of our nation's capital, the Kiplinger editors remain dedicated to delivering sound, unbiased advice for families and businesses in clear, concise language.
Mr. Kiplinger was the 2002 recipient of the American Business Ethics Award for small businesses. In 2007 Mr. Kiplinger’s company was recognized by Ethisphere magazine as one of the “World’s Most Ethical Companies.”
In follow up to our popular LEED (Leadership in Energy and Environmental Design) seminar earlier this year, NAIOP’s breakfast seminar on November 1, 2007 was planned for those in the development community who wanted to expand their understanding of LEED certification options for commercial projects.
With the recent availability of new and potentially cost saving choices for certifying commercial projects, LEED has quickly become the standard for certifying green buildings across the region. This breakfast seminar took an in-depth look at the four primary LEED certification options for commercial buildings, which are:
1. New Commercial Construction and Major Renovation Projects
2. Core and Shell Development Projects
3. Commercial Interiors Projects
4. Guidelines for Multiple Buildings and On-Campus Building Projects
View the presentations here:
Recent events that have roiled the financial markets are now impacting commercial transactions. Is this a long-term trend or a mere blip on the upward spiral of capital chasing commercial? How have negative credit trends influenced lenders and investors in the commercial real estate industry? What’s the outlook for property valuation? How will the Federal Reserve’s recent rate cut impact the future?
On October 23, 2007 our distinguished panel of experts presented an insider’s view of the current state of the Capital Markets and set the record straight on what to expect in 2008.
Marc DeLuca, Director, ING Clarion
William M. Collins, Managing Director, Cassidy & Pinkard Colliers
Warren Dahlstrom, Senior Director, Cushman & Wakefield
James Meisel, Senior Managing Director, Holliday Fenoglio Fowler, LP
William Prutting, Jr., Senior Vice President, CBRE Capital Markets
Belle Haven Country Club
Alexandria, Virginia
October 9, 2007
Why are so many Tysons executives excited about the future? Because of work taking place in the backrooms and boardrooms of Northern Virginia to ensure that Tysons Corner will be better than ever with the arrival of METRO. Leaders are working in and with the community to roll out carefully developed plans to ensure a continued dynamic business climate.
On September 25, 2007, Northern Virginia NAIOP helped to answer these questions and more. Moderated by Chuck Cope, who is part of the Macerich team that is overseeing the major expansion of Tysons Corner Center, Chuck presented a brief overview of Tysons Future. Our speakers illustrated the planning, research and community input brought to this extension of METRO. Marcia McAllister focused on project specifics: scheduling, stations, utility relocation, and anticipated Federal funding. Richard Stevens discussed and illustrated how the transportation changes will be managed to ensure that Tysons is “open for business” during this extension of the subway construction. The panelists also discussed the various features of the Transportation Management Plan and the coordination between the private sector, Fairfax County DOT and MWAA.
Marcia McAllister, Dulles Rail Communications Manager, Metropolitan Washington Airports Authority
Richard Stevens, Dulles Rail Project Manager, Department of Transportation, Fairfax County
Chuck R. Cope, SCSM/SCLS, Vice President, Macerich East Development
View the presentations here:
Captain Pell's Fairfax Crab House
10195 Lee Highway
Fairfax, Virginia
On August 2, 2007, the Northern Virginia NAIOP Board of Directors invited Members of the Chapter to a crab feast to celebrate the Chapter's growth in membership.
Trammell Crow, CBRE, Beacon, Blackstone, EOP. Mergers and acquisitions. What’s happened this year and why? What do these changes indicate for our Northern Virginia real estate marketplace? On Tuesday, July 17, Northern Virginia NAIOP addressed these changes at its Mid-Year Real Estate Market Forecast.
Outlining his perspective and some ideas of what indicators to watch was Robert Pinkard, Managing Director, Cassidy and Pinkard Colliers. He answered questions like: What do these changes indicate about the regional market? How does the national market affect Northern Virginia?
What will be the rate of change moving forward? What will our market look like 2 to 5 years in the future? Marty Almquist, Senior Vice President, Cassidy and Pinkard Colliers examined market statistics. Both clarified swirling questions such as: What might a downturn offer? What are possible spin-offs? What is cyclical and what is new?
Having been directly affected by the many changes in 2007, our speakers were uniquely qualified to expound on the consequences of these mergers and acquisition marketplace events.
Robert Pinkard
Cassidy & Pinkard Colliers
Marty Almquist
Cassidy & Pinkard Colliers
View the presentations here:
What is Entitlement? Northern Virginia NAIOP’s June 27 program helped developers, builders and others understand the nuances of the zoning and wetlands permitting processes. This luncheon presented an overview of the Northern Virginia markets.
What is required? Local, State and the Federal governments are intimately involved in your deals and the restrictions imposed which impact your timing, costs, value and return. Our speakers illustrated the various levels of the entitlement process, giving examples along the way and highlighting the pivotal roles that politics, citizens and the media play.
What are examples? Two veteran, private sector speakers talked about some of their major projects, their experiences and the lessons learned. They discussed the involvement of government regulators, elected officials and local citizens as well as expounded on the private and financial consequences of these reviews.
What are our future expectations for the development environment given the population outlook of the next 20 years? The entitlement process that is in place today will have a meaningful impact on your bottom line tomorrow!
Antonio J. Calabrese
Partner, Cooley Godward Kronish LLP
Michael S. Rolband, P.E., P.W.S., LEED AP
President, Wetland Studies and Solutions, Inc.
On June 8, 2007, Northern Virginia NAIOP and NVBIA hosted a lunch with the newest members of Alexandria's Buiding and Development Team.
John Catlett
Director, Code Enforcement
Faroll Hamer
Director, Planning and Zoning
Jim Hartmann
City Manager
Thanks to Bus Tour Grand Sponsor, ING Real Estate, the morning kicked off with a breakfast and trade show at Metro Park in Springfield, Virginia, where the tour began. In the morning, we covered Springfield, Alexandria, Crystal City/Pentagon City, and North I-395 including a trip across the Wilson Bridge with a quick stop at National Harbor. Following lunch at Arlington Plaza, hosted by Vornado/Charles E. Smith, we toured the Rosslyn/Ballston Corridor, Tysons Corner, and Merrifield, returning to Springfield by mid-afternoon.
Northern Virginia NAIOP Members Only were invited to attend lunch on Wednesday, April 25, 2007 with Gerry Connolly, Chairman of the Fairfax County Board of Supervisors. It has been three years since the chapter's last Lunch With...Gerry Connolly. In that time, many topics have come to the forefront in Fairfax, including revitalization and reinvestment in the county; LEED development; "Cool Counties"; and Dulles Rail and Tysons Tunnel, to name a few.
During his time in office, Chairman Connolly has devoted countless hours to the region's transportation issues. As a member of the Northern Virginia Transportation Authority, he will play a pivotal role in helping to raise hundreds of millions of dollars for new and existing transportation projects in Northern Virginia thanks to recently enacted legislation by the Virginia General Assembly.
Chairman Connolly expressed his thoughts on these and other important issues during our Lunch With program, as well as exchanged viewpoints on the county's services and direction.
On Friday, April 20, 2007, Northern Virginia NAIOP Members were invited to a candid discussion with Pierce Homer, Virginia's Secretary of Transportation. As Secretary, Homer oversees management and budgeting for the Departments of Transportation, Motor Vehicles, Aviation, and Rail and Public Transportation as well as for the Motor Vehicle Dealer Board and the Virginia Port Authority. Secretary Homer also serves as chariman of the Commonwealth Transportation Board.
Topics covered were the passage of recent major transportation funding legislation, guarantor's tax, local option commercial real estate tax in Northern Virginia, impact fees for transportation, Dulles Rail and HOT lanes.
On Wednesday, March 21, 2007, Northern Virginia NAIOP Members welcomed Corey Stewart, who became Chairman At-Large of the Prince William County Board of Supervisors following a special election last November to fill the unexpired term of Sean Connaughton, who was appointed head of the U.S. Maritime Administration. Having served for three years as the supervisor representing the Occoquan District, Stewart ran for Chairman as a growth control candidate. One of the first actions of the County Board following Stewart's election was the approval of a year long moratorium on residential rezoning requests. Chairman Stewart has been vocal regarding the Commonwealth's responsibility to pay for transportation infrastructure and he is working to reduce the real estate tax that county property owners pay. He and his fellow Board members will be up for re-election in November
As one of the fastest job generating jurisdictions in the United States, Prince William continues to attract real estate investors and developers from both the private and the public sectors, many of them NAIOP members. Concern has been expresed about the county's plans for the future. Those members currently doing business in Prince William or considering investing in the county joined Northern Virginia NAIOP to hear more from Corey Stewart, the featured speaker for Northern Virginia NAIOP's Members Only Lunch.
What is LEED? Northern Virginia NAIOP’s March 15 program helped developers, builders and others understand the emerging trends in Leadership in Energy and Environmental Design (LEED). This breakfast seminar presented an overview of the US Green Building Council and the LEED Program. Speakers discussed the LEED Program, its rating system (Platinum, Gold, Silver and Certified) and the resulting impact on the built environment. In addition, the panelists addressed the financial and policy implications of going green.
What is required? Local and federal governments are now including LEED requirements in building proposals. Our panelists discussed what regulations jurisdictions have implemented and the percentage of projects which will be LEED certified by the year 2010.
What are examples? Two private sector speakers talked about their experiences in the development of a LEED project under federal requirements and another expounded on the private and financial issues of LEED/Green development.
Steve Hubert, LEED
Principal, Buchanan Partners
Joan Kelsch, LEED
Environmental Planner, Arlington County
Robert Phinney, AIA, LEED
Director of Sustainable Design, Wisnewski Blair & Associates
MODERATOR
Rob Walker, PE, CLA, LEED
Principal and Regional Director, William H. Gordon Associates
View the presentations here:
The above headlines were in The Washington Post over the past few weeks. What’s true and what’s not? On Thursday, February 15, 2007 Northern Virginia NAIOP hosted its Annual Real Estate Market Forecast, which addressed both the local and national markets. The market perspective was guided by CB Richard Ellis, one of the largest international real estate firms. Craig Thomas, Senior Vice President and Director of Research and Research Systems for Torto Wheaton, a wholly owned research arm of CB Richard Ellis, provided an overview of the global and national real estate markets. CB Richard Ellis’s Brad Flickinger, Managing Director of Northern Virginia, focused on the local leasing and sales market. Eric Wells, Northern Virginia NAIOP’s 2007 Chairman, moderated the program.
View the presentations here: