Eighth Annual Eastern Regional Symposium Held at Harvard University Scores High with CoreNet Global Members A third highly successful Eastern Regional Symposium (ERS) was held at Harvard University in June 2012. Symposiums were conducted at New York University and the University of Pennsylvania during the previous two years. The 2012 ERS attracted 348 registrants from the seven eastern chapters; nearly matching the record attendance in New York City in 2011. The theme, “Transformation and Innovation”, addressed how innovation in thinking and practice occurs and how these innovations can be applied to challenges facing corporate real estate practitioners. Driving innovation to solve ever more complex business problems is a critical capability for companies seeking to thrive in a time of slow motion recovery and intensifying global competition. Programming was expanded in 2012, with a session on CoreNet Global’s ground breaking report, Corporate Real Estate 2020 and the Young Leaders Forum scheduled for 11:00 AM Monday along with the “Boston Innovation District by Boat” tour. Early afternoon tours featured a “Fenway Park Centennial” tour. The tour included a “back of the house” tour of Fenway Park with lunch (Fenway Franks of course) served and a presentation by John Rosenthal, a leader of the redevelopment of Boston’s Fenway neighborhood. A third tour highlighted the “Heart of Bio-Tech/ East Cambridge”. Registration for the two early afternoon reached maximum capacity well in advance of the ERS. Boston Redevelopment Authority tour guides kept Boston Innovation District participants engaged despite some rainy weather. Chris Horblit, President of Fidelity Real Estate Company welcomed attendees as President of the New England Chapter. His remarks were followed by the opening general session, “Bull Market in Fear- US Brand at Risk”. Attendees were riveted during that presentation by Bruce Johnstone, Senior Marketing Investment Strategist, Fidelity Investments. The session was moderated by Sarah Abrams, Senior Vice President and Head of Global Real Estate for Iron Mountain. Following a welcome reception for all, 160 End Users and Sponsors attended the End User dinner later Monday night, held at the “Top of the Pru” in Boston’s Back Bay. This was followed by the Speaker Appreciation Reception at the Le Meridien Cambridge MIT hotel. This was the eighth eastern symposium and survey responses continue to mandate continuation of the concept. 42% of attendees were end users and the Symposium was well supported by 25 sponsors and by the availability of end user scholarships from participating chapters. A survey of ERS attendees revealed an outstanding response to the programming: • • • • • 42 out of 52 speakers and moderators had total “good and excellent” ratings of 85% or above 16 speakers and moderators were rated good and excellent by 95% to 100% of respondents 65% of attendees said they are very likely to attend again and another 22% said they are likely to attend (87% total). 90% said that the overall program had value/usefulness for their jobs. 92% would recommend that other members attend future Symposiums. Tuesday’s general session on Transformational Cities featured author Roberta Gratz, Michael Buckley, President, Haycon and Director University of Texas Center for Metropolitan Density and Certification Program in Turnaround Strategy, and Frederick Kramer, AIA, President of ADD, Inc. Daniel Fishbein, ERS Co-Chair, moderated the program. The seven Tuesday break-out sessions and personal development session were all highly rated. Some highlights are summarized below: Peter Miscovich, Managing Director, Corporate Solutions, Jones Lang LaSalle moderated a break out on “Emerging Technologies + CRE Innovation”. That session included: • • • • An overview of Emerging Technology trends including Advanced Analytics and Business Intelligence by Dr. Tom Davenport – Babson Chair for IT and Management @ Babson Business School Microsoft Global Workplace leader Brian Collins presented an overview of the future of Emerging Technology and the impact of technology innovation upon the workplace with emphasis upon Chip Performance, Hardware Capabilities, Technology Ecosystems, Cloud Economics, Innovation, and Business Disruption. CISCO Global Workplace leader Alan McGinty presented on the impact of Changing Work styles and Explosion of Mobile Devices future impact on the Social Enterprise including Pervasive Video, Enterprise Collaboration and the CISCO Connected Workplace. Discussion as the panel focused upon how the CRE function and CRE Executives can better align and integration with Information Technology functions and service providers in helping to enable the workplace of the future. Brian Schwagerl, CRE Sustainable Design Consultant, moderated a session entitled "Design for Change - The New PNC Bank Headquarters Project Design and Innovation Applied". The highly rated speakers were Gary Saulson, Executive Vice President PNC Financial Services Group and Douglas Gensler, Principal of Gensler. Discussion centered on the design strategy and sustainable operational considerations behind construction of the "greenest" commercial office building in the world for PNC Bank in Pittsburgh, PA. • The business case to build green. Overview of PNC Bank growth and how sustainability has become a cornerstone of PNC real estate portfolio and brand strategy. • Review of lessons learned while visiting and studying "green" buildings around the world. What has proven to work effectively and is transferable? How are they planning to push the sustainable envelope with next-generation design and construction methods? • How PNC structured the CRE team, both internally with shared operations, and externally with service providers to get the job done efficiently and effectively. • Sneak peak at modern office design renderings with cutting edge green technologies and amenities like operable windows, conference rooms with open terraces, and executive and cafe dining facilities with skyline views. A prior break out entitled “Design for Change: Case Studies of Innovations in building and Space Design and Sustainable Practices” was moderated by Brian Lee, Principal, Newmark Grubb Knight. During that session, Bill Fisher, AIA, LEED-AP Senior Project Manager, Liberty Property Trust, presented previously unreleased data on cost savings and benefits of sustainable design. The 2012 ERS concluded at the Queen’s Head Pub late Tuesday afternoon in Harvard University’s historic and architecturally significant Memorial Hall. Thanks go to the 48 volunteers from the seven chapters who put together the ERS with the assistance of Carolyn Swanson and Amy Gallagher, Association and Conference Group, LLC. 2012 Co Chairs Sarah Abrams, Senior Vice President, Global Real Estate, Iron Mountain Carol Adey, Executive Director, New England Chapter and Vice President, Cresa Aurora Cammarata, Director, Business Development, Spagnolo Gisness & Associates, Inc. Daniel Fishbein, SLCR, Global Real Estate Executive, Lecturer, Consultant Janet Welsko, Global Account Manager, Herman Miller Inc. Gregg Weisser, Executive Managing Director of Leasing, the Moinian Group Ron Zappile, Principal, The Zappile Group, LLC