NAIOP - Northern Virginia Chapter Serving the Development Industry nearly for 30 Years
Past Events 2009
Annual Luncheon
Dr. Dietrich Stephan, President and CEO, Ignite Institute
December 16, 2009
In a recent column in The Washington Post, Steven Pearlstein said that “Northern Virginia is now primed to emerge from the economic doldrums and once again lead the region’s growth.” His column followed an announcement by Governor Tim Kaine that the Ignite Institute, which will focus on the latest genomic, biomedical and technological innovations in the development of personalized health care, will locate in Northern Virginia. Projected to create more than 400 jobs for the region, the Institute is considering several sites within Fairfax County for a 300,000 square foot headquarters. As a public-private partnership, the project has received commitments of financial support from Inova Health System, the Commonwealth of Virginia, and Fairfax County.
On Wednesday, December 16, NAIOP Northern Virginia ended the year on a high note, with guest speaker, Dr. Dietrich Stephan, President and CEO of the Institute. Dr. Stephan, a widely recognized visionary in the field of molecular medicine, told us about this exciting project and what its evolution could mean for Northern Virginia and health care.
Dr. Stephan founded the Institute in 2009 in his quest to change the medical paradigm from reactive and generalized to proactive and personalized through the implementation of molecularly informed, tactical solutions. A pioneer in personalized medicine, he has worked for over a decade to develop early diagnostic tests and knowledge-based therapies for the many different subtypes of common human diseases. In addition to his medical research, Dr. Stephan has been involved in the formation of a number of companies, including Navigenics, Amnestix and Aeuon, Inc.
SPEAKER PRESENTATION
Click here for the presentation by Dr. Dietrich Stephan. [8MB pdf]
Best of NAIOP Awards
Focus on Excellence
23rd Annual Best of NAIOP Northern Virginia Awards
November 19, 2009
On Thursday, November 19, 2009 award winners were recognized and awards were formally presented as the Best of NAIOP Northern Virginia Awards program celebrated significant new contributions to Northern Virginia by the commercial, industrial and mixed-use real estate community. As the Chapter’s premier event, the awards program demonstrates the dedication of outstanding individuals who provide contributions to the built environment.
2009 NAIOP Northern Virginia Award Winners
- Awards Press Release
- Transactions [6MB pdf]
- Interiors[7.5MB pdf]
- Buildings[20MB pdf]
More Information
Click for NAIOP Northern Virginia Awards page
Networking Luncheon
Northern Virginia
Economic Development Update
November 10, 2009
Every jurisdiction in Northern Virginia has a strategy and plan for job creation and economic development. How are those plans holding up in today’s current economic situation? How are jobs being created in this climate and helping the region as a whole grow and prosper? Can anyone predict what the new job creation machine is going to be for the Northern Virginia region? And, what is being done to figure it out and prepare for it?
Several of the regions’ leading economic developers, all of whom have been on the Northern Virginia business cycle roller coaster for many years and have ridden the ups and downs, joined together on Tuesday, November 10 and discussed their experiences from the past, how they are getting through today and what their expectations are for tomorrow and beyond.
In a question and answer format, our panelists discussed these issues and respond to comments from the audience.
PANELISTS
Martin Briley, Executive Director, Prince William County Department of Economic Development
Jerry Gordon, President and Chief Executive Officer, Fairfax County Economic Development Authority
Val P. Hawkins, President & CEO, Alexandria Economic Development Partnership
Terry Holzheimer, Director, Arlington Economic Development
Larry Rosenstrauch, Director, Loudoun County Department of Economic Development
MODERATOR
David Birtwistle, Director of Business Development, Balfour Beatty Construction; Chairman, NAIOP Northern Virginia
Behind the Scenes at The JBG Companies
Members Only
October 30, 2009
Behind the Scenes is a series of member only meetings designed to give NAIOP members the opportunity to learn more about the companies behind NAIOP Northern Virginia’s Board members. With limited attendees and an intimate boardroom setting, the stage is great for dialogue! This is a chance to look at what goes on behind the scenes at some of our region’s best real estate companies.
This luncheon focused on The JBG Companies. JBG has vast experience in developing office, residential, retail, and hotels. In many cases, JBG develops these product types as mixed-use assets in very high barrier-to-entry markets, which gives it a distinct competitive advantage. JBG has developed, owned or managed over 30 million square feet of office space, 5.5 million square feet of retail space, 15,000 residential units, and 15 hotel properties totaling over 4,500 rooms.
JBG is currently responsible for development/redevelopment opportunities of approximately 8.5 million square feet of office space, 2.2 million square feet of retail space, 13,200 multifamily residential units, and 2,500 hotel rooms throughout the Washington Metropolitan Area. Some of their Northern Virginia projects include: 1801 N. Lynn, Central Place, Ballston Westin, The Regent, Reston Heights and Waterview.
SPEAKERS
Brian Coulter, Managing Partner
Kathleen Webb, Development Executive
Breakfast Seminar
Distressed Assets and the Commercial Mortgage Crisis
October 27, 2009
On Tuesday, October 27, the George Mason University Center for Real Estate Entrepreneurship, the Mason School of Management, and NAIOP Northern Virginia hosted a conference on distressed assets and the commercial mortgage crisis.
Commercial real estate is a $6.7 trillion market, amounting to 13% of the United States’ Gross Domestic Product (GDP). $3.4 trillion in commercial loans need refinancing, and the default rates on these loans are increasing. Over one hundred banks have closed their doors this year. The recent failure of Georgian Bank is the 19th bank to fail in the state of Georgia alone since January 1. How will banks survive if they cannot remove these loans from their books and what can be done to solve the problem?
The panelists spoke about the complications and one of the solutions to the commercial mortgage crisis: distressed asset sales programs. The panel of industry and academic experts discussed the distressed asset programs currently in the marketplace, the current state of the commercial loan market and a forecast of defaults, and the problems associated with trying to remove distressed assets from bank portfolios.
Attendees learned more about the state of the commercial real estate and loan market and gained a greater understanding into the Federal Deposit Insurance Corporation (FDIC) distressed asset sale programs and purchasing assets directly from bank portfolios.
SPEAKERS
Richard A. Brown, Chief Economist, FDIC
Thomas Galli, Shareholder, Greenberg Traurig
Mitchell L. Glassman, Director, Division of Resolutions and Receiverships, FDIC
Gerald A. Hanweck, Professor of Finance, George Mason University
Richard Parkus, Head of Commercial Mortgage-Backed Securities Research, Deutsche Bank
MODERATOR
Anthony B. Sanders, Distinguished Professor of Real Estate Finance, George Mason University
SPEAKER PRESENTATIONS
Click here for the presentation by Gerald Hanweck. [pdf]
Click here for the presentation by Richard Parkus. [pdf]
Click here for the presentation by Tony Sanders. [pdf]
Networking Luncheon
LEED Version 3
September 24, 2009
EVENT INFORMATION
This summer, the latest version of LEED, known as LEED v.3, became the requirement for LEED projects. Attendees heard about the goals for v.3? How the changes will affect their business and clients? And,what is involved in obtaining the new credentials? Presenters talked about the new LEED Version 3.0 from a design, construction and project management perspective.
Robert Phinney, AIA, LEED®AP, Wisnewski, Blair & Associates, Ltd. and Kim Pexton, LEED®AP, Hitt Contracting Inc. gave an overview of the changes between versions 2 and 3. Building owners and developers heard Jennifer Ralph, CB Richard Ellis, discuss her experience as part of the brokerage team for the US Green Building Council as they developed their new offices to meet the v.3 criteria. The program was moderated by Robert Walker, PE, CLA, LEED®AP, William H. Gordon Associates, Inc.
SPEAKERS
Robert Phinney, AIA, LEED®AP, Wisnewski, Blair & Associates
Kim Pexton, LEED®AP, Hitt Contracting
Jennifer Ralph, LEED®AP, CB Richard Ellis
MODERATOR
Robert Walker, PE, CLA, LEED®AP, William H. Gordon Associates
SPEAKER PRESENTATIONS
Click here for the speaker presentation. [pdf]
SPONSOR
Many thanks to our Luncheon Sponsor METROPARK
Behind the Scenes at Panattoni Development
Members Only
September 17, 2009
EVENT INFORMATION
Behind the Scenes is a new series of member only meetings designed to give NAIOP members the opportunity to learn more about the companies behind NAIOP Northern Virginia’s Board members. With limited attendees and an intimate boardroom setting, the stage is set for dialogue! This is your chance to take a look at what goes on behind the scenes at some of our region's best real estate companies.
This luncheon focused on Panattoni Development Company. Panattoni develops, leases and owns industrial, office and retail projects in more than 175 cities throughout the United States, Canada and Europe. Members found out why Panattoni has moved into the Washington DC metropolitan market, what projects they are working on, a national/international perspective on the industry, and their vision for this region.
Each session will be limited to 25 attendees and each attendee is limited to 2 sessions per year.
SPEAKERS
Dan Hudson, Regional Director, Mid-Atlantic Region
Chris Ciliberti, Senior Vice President, Project Principal
Mid-Year Forecast
Inside Out … Right-Side Up?
Valuable Insights on Our Economy from the
Federal Reserve Bank and Commercial Real Estate Experts
July 9, 2009
EVENT INFORMATION
Over 300 people gathered for the NAIOP Northern Virginia’s Mid-Year Forecast Luncheon on July 9 to learn what our commercial real estate community needs to know about the unprecedented events in our financial markets and how they promise to alter our business. The panelists brought their specific perspective and clarity to the state of the national, regional and local economies; the stimulus package and other federal programs and policies; and what economic signs and indicators tell us to expect for the coming year.
Ray Owens, Senior Economist and Research Advisor with the Federal Reserve Bank of Richmond, shared his expert views, based on more than 25 years with the Federal Reserve Bank. Over the course of his career, Mr. Owens has written and spoken on the economy, development incentives, credit issues, and the commercial real estate markets. Tony Sanders, Distinguished Professor of Real Estate Finance and Co-director of the Center for Real Estate Entrepreneurship at George Mason University, is an expert on real estate financing and investment. Kevin Thorpe, Vice President, Director of Research for Cassidy & Pinkard Colliers, oversees commercial real estate analysis and research and the production of multiple real estate publications. He was formerly an economist with the National Association of Realtors. David Miller, a Partner in the law firm Pillsbury Winthrop Shaw Pittman, who specializes in commercial real estate and public private partnerships, moderated the panel and thequestion and answer.
SPEAKERS
Raymond E. Owens, Senior Economist & Research Advisor, Federal Reserve Bank of Richmond
Dr. Anthony B. Sanders, Distinguished Professor of Real Estate Finance and Co-Director of the Center for Real Estate Entrepreneurship, George Mason University
Kevin J. Thorpe, Vice President, Director of Research, Cassidy & Pinkard Colliers
Moderator: David L. Miller, Esquire, Partner, Pillsbury Winthrop Shaw Pittman, LLC
SPEAKER PRESENTATIONS
Click here for the presentation by Raymond E. Owens. [pdf]
Click here for the presentation by Dr. Anthony B. Sanders.[pdf]
Click here for the presentation by Kevin J. Thorpe. [pdf]
Employee Free Choice Act
Breakfast Seminar
June 12, 2009
EVENT INFORMATION
Approximately a month ago, NAIOP Northern Virginia members were sent information about the Employee Free Choice Act (commonly referred to as EFCA or Card Check) which is being considered by Congress. Many members responded to this information by asking how this legislation will affect their companies. The chapter’s Education Committee put together a seminar that can answer your questions and provide you with the latest information on this important legislation.
If passed, the Employee Free Choice Act, which is the top priority legislation of organized labor, will have ramifications nationally for all businesses. Many industry professionals who have studied this legislation believe that it would have a drastic impact on the development industry because it will create significant changes to the way projects are procured, developed and managed. Building owners, developers, contractors and other service providers will also be affected by this legislation. Although the legislation is currently in limbo, it could be considered by the Senate at any time. Should it pass the Senate, there is little doubt that it will pass the House of Representatives.
SPEAKERS
Stephen W. Daves, President, R. W. Murray Co.Henry L. Lucas, P.E., Founder & President of ECS
Mark A. Mix, President, National Right to Work Legal Defense Foundation & National Right to Work Committee
SPEAKER PRESENTATIONS
Click here for the presentation by Steve Daves.
Click here for the presentation by Henry Lucas.
Click here for the presentation by Mark Mix.
Behind the Scenes at
Cassidy & Pinkard Colliers
Members Only
June 3, 2009
EVENT INFORMATION
Behind the Scenes is a new series of member only meetings designed to give NAIOP members the opportunity to learn more about the companies behind NAIOP Northern Virginia’s Board members. With limited attendees and an intimate boardroom setting, the stage is set for dialogue! This is a chance to take a look at what goes on behind the scenes at some of our region's best real estate companies. Get the inside scoop on how they are adapting to the changing economy: strategies they are adopting to deal with the down market; and any exciting plans they have for the future.
The lunch at Cassidy & Pinkard Colliers featured include: Paul Collins, Bob Pinkard, Spencer Stouffer and Adrian Conforti.
Other companies to be featured in 2009 include Panattoni Development Company (September ), Balfour Beatty Construction (October) and WEST*GROUP (December).
Spring Golf
June 1, 2009
Check out the 2009 GOLF Information PageLunch with Jim Bennett
Members Only
May 27, 2009
EVENT INFORMATION
NAIOP Northern Virginia Members Only had lunch on Wednesday, May 27 with Jim Bennett, President and CEO of the Metropolitan Washington Airports Authority (MWAA).
On March 10, 2009, the United States Secretary of Transportation, Ray LaHood, signed an agreement with the Metropolitan Washington Airports Authority that commits $900 million of federal funds to Phase 1 of the Dulles Corridor Metrorail Project. MWAA was given the authority to develop the rail project by the Commonwealth of Virginia. Dulles Transit Partners has received full notice from MWAA to proceed with construction. Discussions about the implementation of Phase 2 of the project are underway with a decision anticipated later this year.
Mr. Bennett provided an update on the progress of Phase 1 and the status of Phase 2 and answered specific questions about the Metrorail Project. Mr. Bennett also discussed the future of Washington Dulles International Airports, related to service capacity and future expansions on the existing site.
SPEAKER PRESENTATION
Click here for the presentation by Jim Bennett. [15 MB PDF]
GMU CREE
Balfour Beatty hosted GMU CREE Lunch
May 20, 2009
EVENT INFORMATION
For the past two years, NAIOP Northern Virginia members have worked with representatives of George Mason University to create the Center for Real Estate Entrepreneurship (CREE), a project initiated by our chapter. The State Council of Higher Education in Virginia has approved Mason’s request to offer a Master’s in Real Estate Development. Classes are scheduled to begin at Mason in the Fall of 2009. In addition to a Master’s degree, Mason will also offer certificates in various real estate related topics.
In an effort to promote the new real estate related programming offered by Mason, NAIOP members, who are directly involved in the Mason CREE program, have been hosting box lunches in their offices. Host David Birtwistle was joined by Mark Hassinger (WestDulles Properties, Inc.), and several officials from Mason. They provided information about the educational opportunities offered at Mason through the Center for Real Estate Entrepreneurship.
For additional information about CREE, please click on GMU CREE
GMU CREE
Cassidy & Pinkard Colliers hosted GMU CREE Lunch
May 13, 2009
EVENT INFORMATION
For the past two years, NAIOP Northern Virginia members have worked with representatives of George Mason University to create the Center for Real Estate Entrepreneurship (CREE), a project initiated by our chapter. The State Council of Higher Education in Virginia has approved Mason’s request to offer a Master’s in Real Estate Development. Classes are scheduled to begin at Mason in the Fall of 2009. In addition to a Master’s degree, Mason will also offer certificates in various real estate related topics.
In an effort to promote the new real estate related programming offered by Mason, NAIOP members, who are directly involved in the Mason CREE program, have been hosting box lunches in their offices. Host Spencer Stouffer was joined by Mark Hassinger (WestDulles Properties, Inc.), and several officials from Mason. They provided information about the educational opportunities offered at Mason through the Center for Real Estate Entrepreneurship.
For additional information about CREE, please click on GMU CREE
Bus Tour
May 7, 2009
Check out the Bus Tour Information PageThe Trust for the National Mall
Cocktail Reception and Presentation
April 15, 2009
EVENT INFORMATION
Each year, 25 million people - Americans and visitors from all over the world – walk the National Mall, pause to take in its profound symbols, and ultimately come to appreciate what our nation represents. There is no other place in the United States that celebrates democracy, freedom of speech, leadership and heroism like the National Mall. There are the timeless symbols, expansive green lawns and inspiring monuments celebrating our nation's rich history. And there are the powerful expressions of human remembrance and protest.
The Trust for the National Mall is the official non-profit partner that supports the National Mall Park in restoration, preservation, and education programs. The Trust was formed with the commitment and vision to help preserve the National Mall, a public space that evokes the pride and patriotism of a people. They believe the National Mall – America’s Front Yard – should reflect our country’s values and be maintained to the highest standards. The Trust for the National Mall will help restore, revitalize and preserve the National Mall, home to the enduring symbols of our democracy, for present and future generations.
Industry leaders from all sponsoring organizations enjoyed Cocktail Reception and then heard a presentation by John E. "Chip" Akridge III, Chairman of the Trust for the National Mall.
This event was hosted by
CREW Northern Virginia,
CREW Washington DC,
DCBIA,
GWCAR,
NAIOP Maryland/DC,
NAIOP Northern Virginia and
WIRRE.
HOSTS:
Behind the Scenes at Tishman Speyer
Members Only
April 16, 2009
EVENT INFORMATION
Behind the Scenes is a new series of member only meetings designed to give NAIOP members the opportunity to learn more about the companies behind NAIOP Northern Virginia’s Board members. With limited attendees and an intimate boardroom setting, the stage is set for dialogue! This is your chance to take a look at what goes on behind the scenes at some of our region's best real estate companies. Get the inside scoop on how they are adapting to the changing economy: strategies they are adopting to deal with the down market; and any exciting plans they have for the future.
Companies to be featured in 2009 include ING Clarion Partners, Tishman Speyer, Cassidy & Pinkard Colliers (June 3), Panattoni Development Company (August), Balfour Beatty Construction (October) and WEST*GROUP (December).
GMU CREE
Buchanan Partners hosted GMU CREE Lunch
April 15, 2009
EVENT INFORMATION
For the past two years, NAIOP Northern Virginia members have worked with representatives of George Mason University to create the Center for Real Estate Entrepreneurship (CREE), a project initiated by our chapter. The State Council of Higher Education in Virginia has approved Mason’s request to offer a Master’s in Real Estate Development. Classes are scheduled to begin at Mason in the Fall of 2009. In addition to a Master’s degree, Mason will also offer certificates in various real estate related topics.
In an effort to promote the new real estate related programming offered by Mason, NAIOP members, who are directly involved in the Mason CREE program, host box lunches in their offices. Host Brian Benninghoff joined Mark Hassinger (WestDulles Properties, Inc.), and several officials from Mason. They provided information about the educational opportunities offered at Mason through the Center for Real Estate Entrepreneurship.
For additional information about CREE, please click on GMU CREE
Behind the Scenes at ING Clarion Partners
Members Only
March 27, 2009
EVENT INFORMATION
Behind the Scenes is a new series of member only meetings designed to give NAIOP members the opportunity to learn more about the companies behind NAIOP Northern Virginia’s Board members. With limited attendees and an intimate boardroom setting, the stage is set for dialogue! This is a chance to take a look at what goes on behind the scenes at some of our region's best real estate companies. Get the inside scoop on how they are adapting to the changing economy: strategies they are adopting to deal with the down market; and any exciting plans they have for the future.
Companies to be featured in 2009 include ING Clarion Partners, Tishman Speyer, Cassidy & Pinkard Colliers (June 3), Panattoni Development Company (August), Balfour Beatty Construction (October) and WEST*GROUP (December).
GMU CREE
Vornado hosted GMU CREE Lunch
March 11, 2009
EVENT INFORMATION
For the past two years, NAIOP Northern Virginia members have worked with representatives of George Mason University to create the Center for Real Estate Entrepreneurship (CREE), a project initiated by our chapter. The State Council of Higher Education in Virginia has approved Mason’s request to offer a Master’s in Real Estate Development. Classes are scheduled to begin at Mason in the Fall of 2009. In addition to a Master’s degree, Mason will also offer certificates in various real estate related topics.
In an effort to promote the new real estate related programming offered by Mason, NAIOP members, who are directly involved in the Mason CREE program, host box lunches in their offices. Host Patrick Tyrrell (Vornado/Charles E. Smith) joined by Mark Hassinger (WestDulles Properties, Inc.), and several officials from Mason. They provided information about the educational opportunities offered at Mason through the Center for Real Estate Entrepreneurship.
For additional information about CREE, please click on GMU CREE
Network Luncheon
Commercial Real Estate Update
March 5, 2009
EVENT INFORMATION
On Thursday, March 5 NAIOP Northern Virginia welcomed speakers Tom Bisacquino, President of NAIOP, and Andy Florance, President and CEO of CoStar. They presented a real estate update which addressed legislative issues on Capitol Hill and across the country and market trends in the larger national markets with a focus on how the greater Washington markets compare.
Tom Bisacquino has served as NAIOP's President and chief executive officer since 1991. Under his guidance, the association serves more than 17,500 members who are involved with the development and ownership of industrial, office and mixed-use properties throughout North America. NAIOP is actively engaged in numerous legislative issues including the national credit crisis, carried interest, leasehold improvement depreciation, and energy efficiency in commercial buildings.
Andy Florance founded CoStar Group, Inc. in 1987 to provide commercial real estate firms with a cost-efficient alternative for their mission-critical market information. Under his leadership as director, President and CEO, CoStar has become the leading provider of researched information services to commercial real estate professionals in the United States, United Kingdom and France. For the past ten years, CoStar has been named to Deloitte’s Fast Fifties List of Maryland’s Fastest Growing Technology Firms.
SPEAKERS
Tom Bisacquino, President of NAIOP
Andy Florance, President and CEO of CoStar
SPEAKERS PRESENTATION
Click here for the Tom Bisacquino presentation [pdf]
Click here for the Andy Florance presentation [10MB pdf]
Members Only Lunch
Lunch with Sharon Bulova
Fairfax County Board of Supervisors
January 28, 2009
Members Only Lunch
Lunch with Pat Herrity
Fairfax County Board of Supervisors
January 22, 2009