2010 December Newsletter

Welcome to DEVELOPMENTS

Welcome to our first edition of Developments NAIOP Maryland/DC’s member newsletter.  We hope this new offering will help keep you informed and connected in new ways to the Chapter and our membership.  The primary force behind the continued growth of our Chapter is the commitment of our talented and energetic members.

Many of our members continually seek meaningful ways to involve more of the membership in fresh and innovative programs. The REEL Group’s activities, such as volunteering on the National Mall, and the Legend’s Breakfast series, The Sustainable Development Committee’s workshop series, The Capital Challenge, our graduate student real estate case competition, The Awards of Excellence Program and this newsletter are just a few examples of NAIOP Maryland/DC  serving the needs of its members. What distinguishes our events is a firm commitment to offer the highest quality programs providing in depth examination of relevant topics, hosted in quality venues.  Our goal is always to inform as well as pamper our members and their guests. The Holiday Breakfast on December 8th at Congressional Country Club provides our members an opportunity to be of service to the community through much needed contributions to the Manna Food Center food bank and features a popular, entertaining, yet insightful look at our economy from Guest Speaker Anirban Basu.

Congratulations and thank you to Rob Pugh, Marc Witowski and the Newsletter Committee for this initial publication of Developments.  Please consider sharing your feedback and future story ideas.  We look forward to hearing from you!

Bill Magruder
President NAIOP Maryland/DC

Recession? Recovery? Or Reality!!

 (Left to Right) Knight Kiplinger,  The Kiplinger Letter,; Jennifer Russel,Director & Board Member CREW Maryland Suburban; Sara Todd, President-elect CREW Maryland Suburban; Ray Owens,  Federal Reserve Bank Richmond;
Bill Magruder
, President NAIOP MD/DC and Senior Vice President Clark Construction Group, LLC

 This November event took another in depth hard look at the state of the prolonged Recession and our prospects for recovery.  The good news according to Ray Owens, Federal Reserve Bank of Richmond, Senior Economist and Knight Kiplinger, Kiplinger publications Editor in chief, no “double-dip” Recession!  They predicted a long slow and steady period of recovery, already underway.  They also reinforced perception that the Washington, DC metro area is weathering the Recession far better than other metropolitan areas.  Judging by the crowd’s rapt attention and the number of follow up questions the message was welcome as we continue to seek out indications of an economic turnaround.

Did you know . . .

 1791
The first American City was planned – Major Pierre Charles L’Enfant designed the city of Washington, D.C. also known as District of Columbia

REEL Legends Breakfast with Bob Murphy, MRP Realty

REEL members sat down at Knoll for breakfast with Robert J. Murphy, Managing Principal of MRP Realty.   Bob Murphy, a founding principal of MRP Realty, has been a leader in the Washington real estate community for nearly two decades.  Prior to forming MRP, Bob served as area president for Trammell Crow Company's development and investment activities in the mid-Atlantic region.  During his tenure with Trammell Crow Company, his team was the company's most active and profitable development operation, developing more than twelve million square feet of space.  Bob has served as chairman of the Northern Virginia Chapter of NAIOP; and as a member of D.C. Central Business BID, the Mount Vernon Triangle CID, and the Urban Land Institute District Council.  He holds a B.S. in Civil Engineering from the University of Notre Dame and an MBA in Real Estate Finance from Columbia University School of Business.  The breakfast was a great opportunity for Real Estate Emerging Leaders to connect with such a highly established and accomplished industry professional.

Did you know . . .

Second Place
Washington DC is second only to the Silicon Valley, CA region in educational attainment

Member -Guest Holiday Breakfast & Annual Meeting

Join NAIOP Maryland/ DC for a Holiday Breakfast and Annual Meeting on Wednesday, December 8th.  Our featured speaker will be Anirban Basu of Sage Policy Group, Inc, an economic and policy consulting firm.  Mr. Basu, one of the region's most recognized economists, will once again review the state of the economy as it relates to the commercial real estate industry. Mr. Basu's often humorous presentation will focus on the principal global, national and local economic events of the past year, including the impacts of the credit crunch, evidence of a recovery, and the outlook for the broader economy and real estate in the year ahead. Mr. Basu earned his B.S. in Foreign Service at Georgetown University in 1990.  He earned his Master’s in Public Policy from Harvard University’s John F. Kennedy School of Government, and his Master’s in Economics from the University of Maryland, College Park.  His Juris Doctor was earned at the University of Maryland School of Law in 2003.   In 2010, The Baltimore Business Journal named him one of the region’s 20 most powerful business leaders.  We hope you can join us at this sure to be entertaining event!

We are pleased to announce NAIOP Maryland/DC has designated our 2010 charitable contributions will support Manna Food Center.  The Manna Food Center is a nonprofit organization that strives to eliminate hunger in Montgomery County through food distribution, education and advocacy. Over the years, Manna has distributed 33 million pounds of food to more than 2.1 million County residents.

For more information about this event and to register, click here! 

Did you know . . .

University of Maryland
First Dental School in the United States

LEED 2012?

The USGBC is already proposing changes to the 2009 revision of the LEED rating system. One of the biggest changes concentrates on energy performance of buildings, something that has been widely debated with the current version. Buildings and renovations previously LEED certified were rated by design and construction and did not follow up on the actual efficiency of the buildings. For information, visit www.usgbc.org.

Monte Carlo Night

Washington Property Company, The JBG Companies & Bernstein Management Corp. host the 2011 Monte Carlo Night at The Ritz-Carlton in Washington, D.C. Saturday, February 5th from 7pm-12am. For additional information or to purchase tickets contact azuraf@washproperty.com

 

NAIOP REEL supports Luke’s Wings

Picture caption: Mackenzie Miles (PR Leader), Rachel Glaws (Events Team Leader), John Moore (Wounded Warrior and Luke’s Wings Liaison to Walter Reed), Lindsay Kin (Large Events Team Leader)

NAIOP REEL will be holding our annual Cheers for Charity networking event, January 11th at the Mighty Pint (1831 M Street)  For the second year the event will be held in support of Luke’s Wings, founded by our own REEL member Fletcher Gill.  Luke’s Wings is a non-profit which provides services to help the families of wounded servicemen visit them during hospitalization and rehabilitation.

By the end of their third year of operation,  Luke’s Wings hopes to have raised over $250,000 and have flown over 250 families. They have negotiated special arrangements with Delta and American Airlines and are looking to supporters to help specifically with corporate sponsorships. We are all very excited about their performance and are committed to helping our wounded warriors reunite with their families while they recover at military hospitals all over the country.

The following article appeared in On Tap magazine’s November 1st edition
By Ashley Estill

Luke’s Wings is no stranger to the DC area. After being around for three years, their mission statement is well known: To support service members who have been wounded in battle by flying their families to be with them during their difficult hospital recovery.
One year ago, On Tap featured co-founder Fletcher Gill and Luke’s Wings, a non-profit he and Sarah Wingfield created to help support those who fight for our freedom. Since we last spoke with Gill, the mission of Luke’s Wings remains unchanged. They still pride themselves on the structurally sound way their charity has been developed, and the manner in which it continues to function.
“We’re running Luke’s Wings the way it always has been,” Gill explained. “I give credit to the volunteers because they are such great people and do all the work. We’re very disciplined about the way we run it, holding people accountable for their roles and responsibilities and using our organization chart as the reference point.”

Whatever they’re doing has worked. In the three years since creation, Luke’s Wings has raised almost a quarter million dollars to fly hundreds of families. And what people may not know is that round trip flights are not a one-time thing: Luke’s Wings will continue to fly the same families back and forth. In addition to flying families to soldiers, they’ll also fly soldiers home as needed and whenever doctors give them permission to leave the hospital.

Requests come from hospitals, family members, friends and even kids, as one story will tell you. Below, On Tap has highlighted a few of the service members Luke’s Wings helps, and will continue to help with your support.

Tre P.
Tre was shot in the back three times during a classified operation, and lost part of his stomach, small intestine, and all of his spleen and pancreas as a result. Bed ridden at Walter Reed, Tre had nearly a dozen surgeries to reconstruct his stomach. Tre’s Master Sergeant wrote to Luke’s Wings requesting flights to Walter Reed for Tre’s pregnant fiancée, father and two brothers, so they could be by his bedside. Luke’s Wings notified the Master Sergeant that Tre would be spending Christmas with his family. Since then, Luke’s Wings has continued to fly the family and Tre as needed. Tre has had the first of a genius medical innovation performed on his stomach, allowing his kidney to function as both a kidney and liver and has been sent home.

Mark A.
An unusual request was sent to Luke’s Wings by 12-year-old Cody, asking to be sent to the James A. Haley medical center in Tampa, Florida, where he sat by his father’s bedside for three days over Memorial Day weekend last year. Mark was later sent to Walter Reed for a life-threatening cranioplasty, a procedure where part of the skull is reconstructed. Luke’s Wings once again answered their calls and flew in Mark’s parents and wife so they could be on-site with Mark during the surgery. Luckily, surgery went well and Mark was sent back to Florida for further recovery. Recently, Luke’s Wings flew back Mark’s wife to prepare for his homecoming. Luke’s Wings has been taking care of the family for two years now and Mark has since gotten well enough to go home.

Sean L.
Sean suffered post traumatic stress disorder, depression and traumatic brain injury from combat. He was in patient recovery at Fort Carson, Colorado when he was notified at 10 a.m. that his father was in the hospital back home in Boston, Massachusetts, with 12 hours to live. Within minutes, Luke’s Wings booked Sean a flight from Denver to Boston. Sean’s father received news that his son would soon arrive and held on until Sean was in Boston at 3 p.m. They were able to spend nearly three hours together before his father’s passing. Typically Luke’s Wings flies families to be with soldiers, however, whenever additional funds are available, they push the limits of their mission statement.

Colin P.
Luke’s Wings received a frantic call from a case manager of a wounded warrior at Fort Carson, Colorado named Colin. In a coma, his doctors decided at 3 p.m. that he would never recover and submitted the order to the hospital to terminate Colin’s life support two hours later at 5 p.m. A good friend of Colin, the case manager asked Luke’s Wings to help because his mother was in New York and frantic to get to her son, who she would lose thousands of miles away. Colin’s mother packed her bags and when she arrived at the airport, there was a flight for her. This was an unusual request because Colin, who was recovering from battle injuries, had suffered a brain injury from a motorcycle accident. Because his injuries happened on a motorcycle instead of a battlefield, nobody could help him. With Colin’s mom 30,000 feet in the air, the doctors decided to wait until 9 p.m. so Colin could pass with a family member by his side. The next day, Luke’s Wings received a voicemail from the case manager stating that when Colin’s mother showed up, she took her son by the hand and he started to show response. Because of this response, the doctors decided to wait another day. The last email Luke’s Wings received indicated that Colin had shown such response that he would be moved to a hospital in New York, where he remains in a coma, but alive and close to his loved ones.

John M.
Heading into a village for a weapons cache, Sergeant John and his fellow soldiers struck an IED with nearly 55 gallons of homemade explosives. Taking the worst of the blast when the IED blew up directly underneath him, John suffered injuries to both legs and feet. He wrote to Luke’s Wings requesting travel for his parents into town and one day later was notified that his parents would soon join him. A regular supporter of Luke’s Wings, John has experienced first-hand the life-changing work they do.
Filled with a sense of responsibility, Gill explains that he hates to say no to a request. “If we stop this, I feel like we’re letting them down. It’s the returning families that count on us and really help spread the word. That’s why we get so many emergency flight requests. I love the reputation and the success we have and I love saying yes. It makes my day.”

Sponsor Spotlight - First Potomac Realty Trust

Headquartered in Bethesda, First Potomac Realty Trust (NYSE: FPO) is a leading owner of office and industrial properties in the Washington, DC region.  First Potomac Realty Trust was established in 1996 as a private real estate investment firm focused on the acquisition and operation of industrial and flex properties.  The company went public in October 2003 and has continuously maintained a dedicated approach to acquiring, owning and managing high-quality commercial assets, building a well-balanced portfolio of value-add and stabilized properties that today totals more than 12 million square feet. The Company recently announced a growth strategy with a view toward doubling the size of the company, and completed a more than $170 million equity offering in early November to help fund this growth.  First Potomac recently acquired several properties consistent with its strategy of adding high-quality, multi-story office assets to its already strong portfolio of commercial properties in the Washington, DC area. First Potomac values longstanding relationships in the commercial real estate industry and has a reputation for working with owners to find creative solutions to issues they are facing as well helping brokers find functional spaces for their clients to lease.  As the Company continues to execute on its growth strategy, First Potomac Realty Trust will further solidify its position as one of the leading real estate companies in the Washington, DC market.

 

 

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Silver Sponsors

B.F. Saul Company
Cassidy Turley
City of Bowie
Cooper Carry Inc.
Dewberry
EDGE Commercial Real Estate
Guardian Realty Management
HITT Contracting Inc.
Macris, Hendricks & Glascock, PA
PNC Real Estate
Powers Brown Architecture
Rodgers Consulting
Therrien Waddell
VIKA Companies, LLC
WDG

Bronze Sponsors

Bond Beebe
CBRE
Chicago Title - National Commercial Services
DBI Architects
ECS Mid-Atlantic, LLC
Federal Realty Investment Trust
Fidelity National Title - National Commercial Services
Grunley Construction
Harvey-Cleary Builders
Hubert Construction, LLC
Lerch Early & Brewer
Soltesz
Ruppert Landscape
University of Maryland/Colvin Institute
Wilkes Artis, Chartered