Annual Luncheon
Dr. Peter Linneman speaks at Annual Luncheon
December 17, 2008
Event Information
Dr. Peter Linneman was the keynote speaker at Northern Virginia NAIOP's 29th Annual Luncheon. He is a nationally recognized economist whose specialty is the real estate industry. Known as a visionary throughout the industry, Linneman wears multiple hats. Through his company, Linneman Associates, he provides financial and real estate strategic planning. He is the Chief Economist for NAI Global - Commercial Real Estate Worldwide, as well as the Chief Executive Officer of the American Land Fund, a private real estate acquisitions fund. He serves on the boards of several publicly traded real estate related companies including JER Investors Trust (commercial real estate finance), Equity One, Inc. (shopping centers) and Bedford Property Investors (industrial and suburban office). He may be best recognized for his affiliation with the Real Estate Department at the University of Pennsylvania's Wharton School of Business, where he was the founding chairman and currently is the Albert Sussman Professor of Real Estate, Finance, and Public Policy.
Dr. Linneman's depth and understanding of the real estate industry will help prepare you for the months ahead. He will take questions from the audience, so come prepared.
Many thanks to our Annual Luncheon Sponsor Monday Properties.
Best of NAIOP Northern Virginia 2008 Awards
November 20, 2008 - Event Photos online!
Click here to see low resolution pictures from the 2008 Best of NAIOP Awards.
Click here to see and purchase high resolution pictures from the 2008 Best of NAIOP Awards from Mattox Photography. On the left hand side of their homepage is a 'View your pictures here' option. Type in the Password 'NAIOP' and it will take you to the pictures from the event.
- Awards Press Release
- Transactions [4MB pdf]
- Interiors[7.5MB pdf]
- Buildings[20MB pdf]
- Members[3MB pdf]
NAIOP - GMU CREE Box Lunch
November 18, 2008
Event Information
For the past two years, Northern Virginia NAIOP 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 proposal was recently submitted to the State Council of Higher Education in Virginia seeking approval for 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.
On Tuesday, November 18, NAIOP members and employees of NAIOP member companies had a are box lunch session with Mark Hassinger (WestDulles Properties, Inc.), Jon Peterson (The Peterson Companies), and several officials from Mason. The lunch covered information about the educational opportunities that will be offered at Mason through the Center for Real Estate Entrepreneurship.
For additional information about CREE, please click on GMU CREE
Money, Money, Money
November 11, 2008
Event Information
It's a topic of conversation everywhere you go. Each day news outlets lead with stories on money related issues. The swings of the stock market have been historic. Some banks have failed, a major money market fund 'broke the buck' and yields on cash instruments have fluctuated greatly. Where should you place your cash and investments as you focus on your individual financial security?
On Tuesday, November 11, Northern Virginia NAIOP hosted a network luncheon, which provided practical advice and a discussion of how to protect your cash and investments and plan for your financial needs for major life events such as retirement and college tuition.
Speakers
Joseph Brodecki, Principal, Bernstein Global Wealth Management
Dwayne Holt, Partner, Beers + Cutler
Moderator
David Birtwistle, Chairman, Northern Virginia NAIOP
Director of Business Development, Balfour Beatty Construction
Speakers PRESENTATION
Click here for the joint presentation [pdf]
Sustainability for Existing Buildings
November 6, 2008
Event Information
Northern Virginia NAIOP hosted a luncheon program focused on achieving a new level of sustainability in existing buildings. Much of the focus of 'environmental and energy sustainability' has been on new construction and development. However, existing buildings make up the majority of the region's commercial property inventory.
Attendees heard how the increased cost of energy, public policy actions toward sustainability, and tenant demand for 'green' space is putting an increased challenge on older buildings to be competitive. It was explained that there are many steps and options available to property owners looking to bring 'sustainability' to their properties. First and foremost is to understand the current building operating systems and determine what can be improved. Each building and building type will have a unique solutions based on the evaluation. The many ideas and solutions are outlined in the speaker presentations. Attendees to the event walked away knowing more about how sustainability is important and can be applied to their existing building inventory.
Speakers
Davor Kapelina, President, AtSite
Richard Donnally, AIA, LEED, Senior Principal, DVA Architects
Timothy Helmig, EVP and Chief Development Officer, Monday Properties
Moderator
Moderator: Robert Walker, PE, CLA, LEED, Principal, William H. Gordon Associates
Speaker PresentationS
Click here for Davor Kapelina's presentation [pdf]
Click here for Rick Donnelly's presentation [pdf]
Lunch with Anthony Griffin
October 29, 2008 - Members Only
Event Information
Northern Virginia NAIOP Members had lunch on Wednesday, October 29 with Fairfax County Executive Tony Griffin at The Tower Club in Tysons Corner.
With a population of over one million people, Fairfax County is larger than eight states and the District of Columbia. The county's annual budget is over $3 billion. As the County Executive, Mr. Griffin is responsible for the day-to-day operation of the county and serves at the pleasure of the Board of Supervisors. He carries out the policies established by the Board of Supervisors, directs business and administrative procedures, and recommends officers and personnel to be appointed by the Board. Mr. Griffin has served in this capacity since November 1999. He joined the County in 1989 when he was appointed to the position of Deputy County Executive for Planning and Development and oversaw the areas concerning zoning, public works and public safety.
The majority of the conversation focused around the fiscal condition of the Fairfax County Government and what this means for the remainder of 2008 and into 2009 and 2010.
NAIOP 2008 Fall Golf Tournament
September 15, 2008
Monday, September 15th was a perfect day for golf. The humidity was low, there was a slight breeze and sunny skies as 124 NAIOP members and guests teed off at Creighton Farms Golf Club in Aldie, Virginia. This beautiful new course which is managed by the Ritz Carlton offered spectacular views and tricky holes. Fore caddies sped the play along and offered just the right advice to golfers seeking to birdie the hole. The general consensus of the crowd was to come back again next fall.
Between the sale of mulligans and the sales on the 'skirt' hole, the event raised $3055 for the Fairfax Police Motor Squad Training fund. Thanks for your contributions!
The NAIOP Golf Committee would like to thank all the tournament and door prize sponsors especially the title sponsor, OPUS East, L.L.C.
Location
Creighton Farms Golf Club
Aldie, Virginia
Photos now online!!
Click here to see pictures from the 2008 NAIOP Fall Golf Tournament
Event Information
2008 NAIOP Fall Event Flyer [pdf]
Final Results [pdf]
VACRE 2008 Golf Tournament
September 5, 2008
Location
Golden Horseshoe Golf Club
Williamsburg, Virginia
Click here for Event Information Sheet [pdf]
Click here for Final Results [pdf]
Photos now online!!
Click here to see pictures from the 2008 VACRE Golf Tournament
Mid-Year Forecast 2008
Navigating the Turbulent Waters - the Experts View
July 24, 2008
On Thursday, July 24 Northern Virginia NAIOP held their annual Mid-Year Forecast. Speakers from a range of disciplines discussed the future of their specific industry groups.
Our real estate experts included moderator Jim Lee of Opus East who posed questions and presided over an interactive discussion. Michael J. Sleece of Wachovia, focused on the debt markets and challenges faced by the financial industry. Jim Davis of James G. Davis Construction Corporation commented on construction costs while Bill Collins of Cassidy & Pinkard Colliers offered his perspective on investment sales and the capital markets. Chip Akridge of Akridge provided a developer's unique global and national perspectives and Doug Carter of Davis Carter Scott spoke about the 'State of Architecture' in these changing times.
This forecast provided an accurate hands-on assessment for those with an interest in the outlook, near and far, for commercial real estate.
Speakers
John E. Akridge III, Chairman, Akridge
Douglas N. Carter, AIA, President, Davis, Carter, Scott, Ltd.
William M. Collins, Managing Director, Cassidy & Pinkard Colliers
James G. Davis, President and CEO, James G. Davis Construction Corporation
Michael J. Sleece, Market Manager, Director, Real Estate Americas, Wachovia Bank
Moderator
James J. Lee, President and CEO, Opus East, L.L.C.
Important Links
Click here for market information from Jim Davis [pdf]
Photos now online!!
Click here to see pictures from the Mid-Year Forecast 2008
Members Guest Lobsterfest
Members Only
July 10, 2008
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
Photos now online!
Click here to see pictures from the Member Guest LobsterFest
Lunch about Tysons Corner Land Use
June 26, 2008 - Members Only
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.
Speakers
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
Network Luncheon
HOT Lanes are Coming
June 18, 2008
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
Speaker
Ronaldo (Nick) Nicholson, VDOT's regional transportation director
Click here for Presentation:
VDOT HOT Lanes Presentation [pdf]
Spring Double Golf Tournament
Results now posted!!
2008 Results [pdf]
Photos now online!!
Click here to see pictures from the 2008 Spring Golf Tournament
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 with Scott York
Chairman, Loudoun County Board of Supervisors
May 21, 2008 - Members Only
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
Photos now online!!
Click here to see pictures from the Lunch with Scott York
BUS TOUR 2008
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
Photos now online!!
Click here to see pictures from the 2008 NAIOP Bus Tour and Trade Show
Purchase an extra copy of the 2008 NAIOP Bus Tour Guidebook
Network Luncheon
Reston Heights Vision and Challenges
April 11, 2008
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.
Speakers
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]
Lunch With Walter Tejada
Chairman, Arlington County Board
April 8, 2008 - Members Only
Network Luncheon
Debt in the Real Estate Capital Market A Moving Target
March 13, 2008
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:
- Changes in the market over the past 12 months
- 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
- Expectations for the next 12 months
Panel
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
Moderator
Marc C. DeLuca, Director, ING Clarion
Breakfast Seminar
BIM - Building Information Modeling
March 6, 2008
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.
Panel
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
Moderator
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]
2008 Annual Forecast
National, Regional and Local Perspectives
February 7, 2008
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.
Speakers
Bruce E. Mosler, President and Chief Executive Officer, Cushman & WakefieldAudrey Z. Cramer, Vice Chairman, Cushman & Wakefield
David R. Millard, Senior Director, Cushman & Wakefield
Download the Presentation [PDF]
Network Luncheon
BRAC IMPACT: Springfield New Hub for Private and Public Sector Development
January 17, 2008
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.
Speakers
Gerald A. Connolly . Chairman, Fairfax County Board of Supervisors
Jonathan L. Kaylor . Senior Vice President, Leasing, Boston Properties, Inc.
Colonel Michael A. Rossi . Director, Fort Belvoir Integration Office, US Army Corps of Engineers
Moderator
John E. Robinson, Jr., AIA., Project Director for the National Geospatial-Intelligence Agency, Fort Belvoir KlingStubbins
Speaker Presentations:
Kaylor Presentation
Colonel Rossi Presentation