| PROGRAM
SUMMARY
June Program Summary:
The New Norm of Retail Real Estate: Location, Timing and Demographics - Thursday, June 17th, 2010
Moderator:
John Asadoorian
Principal
Asadoorian Retails Solutions
Panelists:
Beth Aberg
Owner
Random Harvest
Jessica Bruner
Vice President of Leasing
Edens & Avant
Wendy Seher
Vice President of Leasing
Federal Realty Investment Trust
Retail real estate investment, development, and leasing strategies are evolving rapidly in response to the current unstable retail market. At this event, representatives from the leasing, development and local retailer community came together to discuss the current state of the retail market and what they believe leasing trends will be going forward.
First, the panelists noted the shift in the relationships between retailers and developers. To be successful, Jessica Bruner suggested, these parties must learn to work together, not as adversaries, to make a store or restaurant successful. They also touched upon the increasing importance of location to a retailer; they want to go into locations where they know they will be adjacent to complementary properties. For developers, the focus will be increasingly on repositioning existing properties. For example, Federal Realty Investment’s Bethesda Row has experienced a number of successful iterations. Instead of pursuing new opportunities, developers are concentrating on tweaking their existing properties to improve the retail mix to maximize profits.
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Committee Appreciation
June 3, 2010
Thunderstorms could not deter over 40 CREW DC committee members
from gathering to celebrate the work that has been accomplished.
Representatives were on hand from every committee – CEO, CREW
National Capital Committee, Communications, Finance, Member Services
/ Networking, Membership, Programs, Special Events and Sponsorship.
A special thank you goes out to DLA Piper for hosting this event.
CNCC Golf Outing
May 12, 2010
Thank you for attending the 5th Annual CNCC Golf Outing at Reston
National Golf Course. Despite the weather reports, we had a beautiful
day. More than 90 women participated in the 9 Hole Outing, 40 of
whom also took advantage of the 60 minute Golf Clinic. As in past
years, many participants were beginner golfers, some who had never
played before. It was a great day!
We’d like to give special thanks to our sponsors:
Commonwealth Title; Jones Lang LaSalle; HITT Contracting, Inc;
SIGAL Construction; Walker & Dunlop, LLC; HBW Group; Cardinal
Bank; K3 Construction Group; RW Murray Co.; VOA Associates; Boston
Properties; Bognet Construction; BB&T; ECS Mid-Atlantic, LLC;
Geppetto Catering Inc.; GPI/Greenman-Pedersen Inc.; Quadrangle
Development Corporation; Transwestern; Watt, Tieder, Hoffar and
Fitzgerald LLP; Pritchard Industries, Inc.; Architecture Inc;
Chicago Title Insurance Company; Coakley Williams Construction,
Inc.; Commercial Property Management Inc.; PHR+A; Telforward Inc.;
Balfour Beatty Construction; Argy, Wiltse & Robinson, P.C.;
and Perkins + Will.
And to DBI Architects for the Margarita Man and Scoops-2-U Ice
Cream Catering for the ice cream.
We’d also like to thank our Raffle Item Sponsors:
ADI Construction; Bognet Construction; Cassidy Turley; Commonwealth
Title; DBI Architects; DRH Designs; HITT Contracting Inc.; Lincoln
Property Company; Manor Country Club and Golf Pro Tim Ruddo; M&M
Management; OTJ Architects; Rand Construction; Reston National
Golf Course; RW Murray; Top Golf; VOA; Vornado/Charles E. Smith;
WDG Interior Architecture and Woolley Mammoth
Thank you also to our Sponsors of the Goodie Bag Contents:
Chevy Chase Bank; Commercial Property Management Inc; Costello
Construction; DC Magazine; DLA Piper; Eagle Bank; Lincoln Property
Company; Monument Realty; R. W. Murray Co.; Structuretone; Telforward
With Special Thanks to our Goodie Bag Sponsor - The Cornerstone
Heritage Group
We would never be able to have such a successful event without
the support of all of our sponsors. We greatly appreciate their
contributions.
This year’s Buy a Drive charity was the Lombardi Cancer Center.
We are pleased to report that we had 85% participation and raised
$390. This amount will be matched by the Capital Region Chapters
for a total donation of $1,560. Thanks to all of our golfers for
participating in this worthy cause. Special thanks to our Buy a
Drive Golf Pros Rob Parker with Home Team Pest Defense and Stan
Gelbaugh with Coakley Williams Construction.
Congratulations to all of the raffle prize winners, for which there
are too many to list. Congratulations also to our golf prize winners:
the Longest Drive winners were Bonnie Flippin of WDG Interior Architecture
and Alexandra Hunihan of Studley; the Closest to the Pin winners
were Helen Haerle of Quadrangle Development Corporation; the Straightest
Drive winners were Natasha Stancill of Monument Realty and Roseanne
Beattie of DBI Architects and the winner of the Putting Contest,
Jen Olson of KGPM. And the winning pink ball foursomes were Jeanne
LaBelle of Commonwealth Commercial Services, Helen Haerle of Quadrangle
Development Corporation, Jill Homan of Perseus Realty, Barbara Needle
of Arent Fox and Taren Coleman of Coleman Financial Group, Chyla
Evans of The Answer Companies, Donna Shuler of Answer Title and
Escrow and Katie O’Leary of Scott Long Construction.
Thanks again for attending the CNCC Golf Outing. We look forward
to seeing you at next year’s event!
CNCC Special Events Committee Co-Chairs Jenny Shtipelman of Eagle
Bank and Phyllis Liebman of Vornado/Charles E. Smith; CNCC Special
Events Director Sadhvi Subramanian of Chevy Chase Bank and committee
members Bari Nichols, Lincoln Property Company; Jennifer Bognet,
Bognet Construction Associates;; Katie Sacripanti, Boston Properties;
Andrea Zeitman, Costello Construction; Jennifer Olson, K&G Project
Management; Angela Poliskey, Cassidy Turley; Susan Denner, Capital
Design; Jen Loeffler, Geppetto Catering, Inc; Suzanne Charleston;
Dorlise O’Hara; Patricia Redding, R W Murray; Lisa Kuruvilla,
Adtek Engineers; Christie Chamberlain, Cassidy Turley; Cheryl Hoffman,
Commercial Property Management Inc.; Nancy Payne, Pritchard Industries
Inc.; Vicki White, Syska Hennessy Group, Inc.
CREW Round Table-The State of the Job Market
April 27, 2010
April’s Round Table “The State of the Job Market”
was an informative discussion. The group consisted of 40 attendees
at the Chevy Chase Bank in Bethesda on April 27, 2010.
Betsy Karmin, a partner with DLA Piper moderated the panel which
consisted of: Wendy Goetz, Director at Cushman and Wakefield, Elisha
King, Partner DLA Piper, Marsha Pearcy, Managing Director, Equinox
Search and Kimball Wood, Senior Director, Crown Advisors.
The participants conveyed upbeat and optimistic messages.
Moderator, Betsy Karmin, started the program by having each of
the panelists tell the audience an interesting fact about themselves.
Marsha Pearcy told a story about interviewing a candidate for 15
minutes before realizing she was talking to the wrong person/a total
stranger!
Marsha also says that she is “cautiously optimistic”
for employment and that “where there is capital, there is
hiring.” One trend seems to be people switching from real
estate to jobs in solar and wind energy.
Kimball Wood noted that she agrees and is seeing hiring in the
world of asset management, property management and acquisitions.
The concept being that if a company owns property, the property
still must be managed. Kimball advised the group to keep a good/positive
attitude if searching for employment.
Wendy Goetz has been with Cushman and Wakefield for 25 years and
taken 3 vacations in the timeshares of her colleagues just by hanging
out at the water cooler! Wendy mentioned that Cushman’s hiring
has increased around 70% from 2009 and that she uses Craigslist
on occasion to find the right hire. Wendy had some good tips for
resumes as well: less is more, keep it straight forward and factual,
and no long narrative at the beginning.
Panelist Elisha King (who has been called DC’s Top Young
Gun Attorney) was just back from running a half marathon the previous
weekend. She deals with employment contracts and says that she is
seeing more unusual requests these days. Employees are asking for
more vacation time and telecommuting options. One audience member
asked “how to you negotiate a raise in this economy?”
Ms. King recommends setting a goal with your employer that will
be rewarded.
CREW TopGolf Event
Thank you for attending the 2nd Annual CNCC Top Golf
event. We were thrilled with the overwhelming response we
received this year and hit a record number of attendees. We
hope you enjoyed the evening and were able to take advantage of
the Golf Swing Analysis.
We’d like to give special thanks to our event
sponsors K3 Construction Group and Jones Lang LaSalle. We
appreciate their support.
We’d also like to thank the sponsors of our raffle items,
Cassidy Turley, Davis Construction, DBI Architects, RAND Construction,
and Standard Supplies.
Congratulations to the raffle prize winners listed below and our
longest drive winners Julie Tice of WDG Interiors with a score of
194 and Drue Mucci of HITT Contracting Inc with 239.
Raffle Prize Winners:
Thomas Boggan of Alion Science and Technology
won a $100 gift certificate to Clyde’s donated by Cassidy
Turley
Cheryl Hoffman of Commercial Property Management
won 2 tickets to Shear Madness at the Kennedy Center donated by
Davis Construction
Andrew Huang of SIGAL Construction won a box
of Nike Distance Golf balls donated by DBI Architects
Sandra Henderson of Beltway Disposal Service
won a $50 gift certificate to Drilling Tennis and Golf donated
by DBI Architects
Joy Clark of Cassidy Turley won a $100 gift
certificate to Inox donated by RAND Construction
Christie Buchanan of Intec Group, Inc won a
bottle of champagne donated by Standard Supplies
Erin Fegely of Burton Construction won 30 minute
lessons from Top Golf
Julie Tice of WDG Interiors and Olek
Muszynski of Eighth Day Design Interior Architecture
won total bag club fittings from Top Golf
Christine Rees of Employ-R Solutions Inc and
Barnabas Mogan of Sensy Chocolate each won a free swing
analysis from Top Golf
Jacq Johnson of the Lansburgh, Barbara Mackin
of Sun Trust and Kate Ahearn Fus of Washington
Group Sales each won a $15 gift card from Top Golf
Thanks again for attending the CNCC Top Golf event. We look
forward to seeing you at next year’s event!
And for those women interested in the CNCC Golf Lessons or the CNCC
9 hole Golf Outing on May 12th, please check http://www.crewnationalcapital.org/
for more details.
CNCC Op Ed Project Seminar
On February 21, 2010, CREW National Capital Committee
hosted The Op Ed Project for a targeted seminar to CREW members.
The Op Ed Project is a New York City-based group that works to empower
and engage women in the editorial community.
However, the name may be a misnomer. Most of the participants thought
they would polish their writing and communication skills and leave
with a draft editorial piece. Instead, they were encouraged not
to write, but to think of the bigger picture in which they lived
and worked and engage themselves in the debate and contribute their
opinions to the greater dialogue. A majority of the time was spent
on identifying skill sets and expertise, in both the narrowest sense
of the term and the broadest sense of the term. Only after this
“a-ha” moment, the moment when the women uncovered the
breadth of what they can contribute, did the seminar review the
mechanics of drafting an op-ed piece.
The seminar was limited to 22 CREW members so that
everyone could speak freely and participate as they wished. The
facilitator, Katie Orenstein, is a published author and frequent
contributor to Op Ed pages across the country and has engaged a
network of alumni and journalists to help train the next generation
of women thought leaders.
The Project’s goal is to increase the number of women that
contribute their opinions to the mainstream media in a thoughtful
and meaningful way, whether through the op-ed pages or elsewhere.
At CNCC, we want our members – who are already experts and
leaders in the industry – to gain more ground and have their
thoughts reflected in papers, on panels and throughout the real
estate community. The Op Ed Project is one more tool to provide
members in achieving success in commercial real estate and we look
forward to making it available to more members. If you are interested
in more information, see www.theopedproject.org; they will be hosting
a May 1 seminar in DC, if you are interested in attended, a CNCC
discount is available (contact Erica Leatham, CREW Maryland, for
details; eleatham@meyerseisler.cm or 240-283-1163).
New Member Breakfast
On February 25, CREW DC held its annual breakfast
to welcome new members. The breakfast was organized by the
Networking and Member Services Committees. About 20 people
attended the event sponsored by Arent Fox. Kathryn Ciliberti,
CREW DC President, greeted members, including board members and
committee chairs, who had gathered for the occasion, reminding all
of the benefits of CREW. Kathy Allgier, the keynote speaker
and a former CREW DC President, spoke about her involvement in CREW
on a national level, how she got involved in CREW DC over 25 years
ago and left members with a clear message "you get out of CREW
what you put in." New members networked with existing members
following the breakfast.
CREW Presidents Dinner 2010
January’s Presidents dinner was a true success.
About 20 CREW Past Presidents attended the event at Kinkead’s
on January 12, 2010. The current President, Kathryn Ciliberti, was
in attendance as was the President Elect, Bethany Allen. Past president
Jeane LaBelle commented it was a wonderful event, “so many
familiar faces!” The group dined on Grilled Squid with Creamy
Polenta, Tomato Fondu and Pesto for a starter paired with Prosecco.
The second course was Brioche Crusted Rockfish with Artichoke Puree,
Oven Dried Tomatoes, Spinach and Lemon. This dish was paired with
a choice of a French white burgundy or a red from Tuscany. The past
presidents enjoyed catching up on the latest business news and sharing
personal accomplishments. Credit is due to the Networking Committee,
Caki Diehl, and Soha Mody for arranging the lovely event.
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