CORE NEWS Summer 2012 Save the Date for the Mid-Atlantic Education: Corporate Real Estate 2020 Coming in September Earlier this year, CoreNet Global’s Corporate Real Estate 2020 brought together hundreds of Corporate Real Estate global thought leaders to analyze the current and future state of our industry. The results of this forum were recently released by CoreNet Global and will be presented to the Mid-Atlantic Chapter. The CoreNet Global Mid-Atlantic Chapter is pleased to announce the 2012 Corporate Real Estate Awards of Excellence Gala! This year’s event will be held on October 18th at the International Monetary Fund. Last year’s sold out Gala was a huge success and this year’s event is gearing up to be just as amazing. We are now accepting award nominations in the following categories: Several areas of workstreams were explored including Portfolio Optimization and Asset Management, Enterprise Leadership, Service Delivery and Outsourcing, Partnering with Key Support Functions, Location Strategy and the Role of Place, Sustainability, Workplace, and Technology Tools. Sign up today to learn more about the report’s findings from members of the forum. They will share their insight into how these areas will affect the future of corporate real estate and professional opportunities. Corporate Real Estate Leadership When: Thursday, September 13, 2012 Service Provider Leadership Time: 11:30am to 1:00pm (lunch is included) Sustainability Leadership Best New Workplace Solution Award submissions are due Friday, August 31, 2012 and winners will be announced at the Annual Gala. Click here to download the nomination package. Sponsorship opportunities are available! Contact Carolyn Swanson, Chapter Administrator, for more information. IN THIS ISSUE 2. President’s Letter 3. Recent Events Where: The Tower Club, 8000 Towers Crescent Drive, Suite 1700, Vienna, VA 22182 Cost: Members/$45 and Non-Members/$90 Registration: Click here to register 4. Global Summit 6.Sponsors Letter from the President This letter is a very difficult one to write as I share good news of accomplishments from the hard work and dedication of our committees, coupled with sad news that our chapter has received during the last few months. During the first quarter of our fiscal year, the chapter hosted an array of events geared toward providing educational value and networking opportunities to our members. These events have proven to bring significant value to our members thus resulting in membership growth, retention and most importantly involvement! Kudos to each and every single person who has been involved in each event and making it a success! Additionally, our committees have been extremely busy planning more opportunities for the remainder of the year. A wonderful combination of educational and social events has been scheduled including two excellent educational programs, a new member orientation and to cool off and kickback, a social networking event. Please make sure to attend these events and continue to get involved. There are still plenty of opportunities to do so as several of our committees are continuing to recruit for volunteers. Please contact Joanna Hoffschneider, Volunteer Coordinator, who will help you get connected with the committee that is right for you! Remember, we cannot be successful without your involvement. We are also pleased to announce the date for the 2012 Corporate Real Estate Awards of Excellence Gala! The event will be held on Thursday, October 18th at the International Monetary Fund in Washington, DC. We want to thank Scott McMillan, Division Chief-Facilities, for allowing us the opportunity to use this facility for our Gala. We are now accepting nominations for the following award categories: Corporate Real Estate Leadership; Service Provider Leadership; Sustainability Leadership; and Best New Workplace Solution. Submissions are due August 31, 2012. Click here to download the nomination package. It is with our deepest sympathies that we share with you the news of two losses in our chapter. On July 9th, Kevin Dunn passed away suddenly. Kevin, who worked for Haworth, was an engaged member of CoreNet volunteering his time on our Special Events Committee, most notably on our annual golf outing. Kevin’s enthusiasm and positive attitude will be remembered by all who knew him and will be extremely missed. Additionally, on July 24th JoAnn Lane, a board member and good friend, lost her husband, Louis Henry “Bubba” Lane. I cannot find the right words to express to JoAnn’s and Kevin’s families how deeply sorry we are about their loss. I hope that they find strength in the memories their loved ones left behind as they begin this journey in finding comfort and strength. With time, these memories will forever bring them joy and peace when they will need it the most. As indicated in my last letter, we as a chapter are continually striving to bring value to our members by supporting, educating and promoting the real estate executive. In September, we are planning a mid-year review to see how we’re doing against the strategy set forth earlier in the year. The Board of Directors will meet to measure the accomplishments, and begin the planning process on how we can continue to make your membership worthwhile. Since announcing the new BOD on April 1st, there has been a change on the Executive Committee. We are pleased to announce that Deane Edelman will return to our Executive Committee. Deane will serve as the Vice-President for the chapter and will assume the role of President in April 2013. Deane previously served as President of the chapter from July, 2007 through December, 2008 where he brought strong leadership and made several positive changes that remain in place today. Since that time he has worked in various capacities on the Finance Committee and the Advisory Committee helping to transition new leadership teams. Deane is the Director of Real Estate with General Dynamics Information Sincerely, Technology and we are happy to have him back. Welcome back Deane! As the summer winds down, we are gearing up for all of the exciting activities planned for the rest of the year. So enjoy the rest of your summer and plan to come out and see us at an event soon! Lorena Stranigan President, Mid-Atlantic Chapter CoreNet Global Executive Committee Mid-Atlantic Chapter CORE NEWS Summer 2012 President, Lorena Stranigan • Kaiser Permanente President-Elect, Deane Edelman • General Dynamics Information Technology Treasurer, Stacey Cohen • Marriott International Chair/Advisor, Laura Morris • Perkins+Will CoreNet Global • 133 Peachtree Street, N.E., Suite 3000 • Atlanta, GA 30303 Real Estate Professionals Learn the Latest Technology Tools On June 13th approximately 50 Mid-Atlantic Chapter members and guests gathered at the Tower Club in Vienna, VA to hear from industry leaders including: Derrick Millard with Geico; Jim Barlow with Accenture; and Paul Himes with Himes Associates, Ltd. as they discussed one of the hottest topics in business today: Technology Tools. As the number – and sophistication – of applications and system offerings has grown, the process of evaluating and deploying these tools has become increasingly difficult across Corporate Real Estate. During the presentation, Reed Stvan with Fox RPM Corp. lead the group of panelist as they discussed the various options that are available and how they can be leveraged to streamline processes and reporting and increased CRE efficiencies. We’d like to extend a special “thank you” to Al Nielsen with AOL, Katrina Reid with IA Interior Architects, and everyone else on the Mid-Atlantic Chapter Education Committee for putting together such a dynamic and informative program! Click here for a full review of the event. Click here to download a copy of the presentation. Reed Stvan, Fox RPM Corp; Al Nielsen, AOL, Inc.; Derrick Millard, GEICO; Paul Himes, Himes Associates, Ltd; Jim Barlow, Accenture Philanthropy in Corporate Real Estate On May 23, Members came together at Genworth Financial in Richmond, VA to examine how today’s culture demands that its industry leaders be good corporate citizens. The Chapter’s Education Committee hosted the event that asked them to think about how Corporate Real Estate can play a role in philanthropic endeavors and achieve meaningful impact for not only the bottom line of its clients, but also for the betterment of the community. As a case study, Sarah P. Bagby, Domestic Real Estate Leader and Cindy J. Heidel, Sr. Real Estate Counsel, Investments with Genworth Financial, Inc. discussed the company’s opportunistic acquisition of the Ramada Hotel Property in Richmond. New Members Get Acquainted at Orientation Meeting On June 22nd, CoreNet Global Mid-Atlantic members gathered at CBRE, Inc. to learn how to best leverage their investment in CoreNet. This breakfast session examined learning, networking and committee opportunities. There were many members in attendance who have signed up to become actively engaged in our chapter. Click here to download the New Member Orientation Presentation. Connections Made at Speed Networking Event Young Leaders and industry veterans joined the Mid-Atlantic Young Leaders Committee on June 26th for a high-efficiency networking event in a fun informal setting. The event was a great opportunity to mix and mingle with others in the real estate industry. Special thanks to MOI, Joanna Hoffschneider and Carly Lanciault for sponsoring and hosting the event. Capacity Crowd Learns About Campbell Soup Headquarters Renovation The July 12 educational program, hosted by the Campbell Soup Company in Camden, NJ, was organized by the CoreNet Global Greater Philadelphia Chapter and included participation from both the Mid-Atlantic and New Jersey Chapters. The event brought in more than 100 registrants and was divided into four program segments including the Camden turn around; the process to transform the headquarters; Campbell’s long history of working with the City and continued commitment to the area; and a tour of the headquarters. During the presentation, speakers described the methodical process undertaken to transform Campbell’s headquarters. Design objectives reflected Campbell’s desire to support innovative work place practices, foster greater employee collaboration, rejuvenate corporate image, and improve employee meeting and common areas. The new Employee Center includes the new Campbell’s Café which showcases the company’s commitments to provide tasteful and nutritious food products. The event was capped off with networking in the Campbell Café. We would like to thank the Campbell Company along with all of the individuals who gave their time to help organize and participate in the event. CoreNet Global Summit - Orlando • October 7-9, 2012 The CoreNet Global Summit will introduce you to high-impact education and high-powered networking with professional peers, CRE service providers and economic developers. Around every corner of this massive space, you will find something specifically for you, whether you are looking to build relationships, share real-life experiences, learn lessons to improve your everyday work performance, or make contact with partners who can help you and your company succeed. By investing in your attendance at the Summit, your organization will help to advance both your professional growth and its own strategic goals. The informative breakout sessions, and other learning opportunities will enable you to expand your industry knowledge, learn about game-changing technologies, share new ways to improve productivity and competitiveness, and enhance the practice of corporate real estate. Click here for more information and to register. Be sure to check the Mid-Atlantic website for details about the chapter reception in Orlando! Did You Know We’re Online? Follow the latest Mid-Atlantic news by joining our LinkedIn Group or reading our industry blog. Our online group is focused on advancing real estate knowledge, connecting people, and promoting more interaction and “personal touch” for our local members. Sold Out ERS Takes Boston By Storm The 2012 ERS was a highly successful event, attracting 348 registrants from the seven eastern chapters of CoreNet Global; 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 this year with two additional sessions taking place on Monday morning. The first focused on CoreNet Global’s ground breaking report, “Corporate Real Estate 2020” and the second was the Young Leaders Forum. There was also a morning tour “Boston Innovation District by Boat” and two early afternoon tours. The soldout afternoon tours featured a “Fenway Park Centennial” tour lead by John Rosenthal, a leader of the redevelopment of Boston’s Fenway neighborhood, and a “Heart of BioTech/ East Cambridge” tour. Bruce Johnstone with Fidelity Investments, Sarah Abrams with Iron Mountain and Chris Horblit with Fidelity Real Estate Company Guests enjoy Boston Innovation District by Boat Tour the Hub” at the Prudential Center in Boston’s Back Bay. This was followed by the Speaker Appreciation Reception at the Le Meridien Cambridge MIT hotel. Tuesday offered a full day of break out sessions that were all highly rated. Some of the topics covered were: Success Strategies for Leaders in New Roles, Going Global, Changing Corporate Procurement Practices and several others. The afternoon general session entitled, “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 CoChair, moderated the program. A survey of ERS attendees revealed an outstanding response to the programming. 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 Association & Conference Group. On Monday afternoon 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,” presented by Bruce Johnstone, Senior Marketing Investment Strategist, Fidelity Investments and 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 held at the “Top of Kerry Hughes with Piedmont Office Realty Trust, Brian Dean with T. Rowe Price and Craig Walton with SAP In Memory of Kevin H. Dunn We are deeply saddened to share that our chapter recently lost a member of our family. Kevin Dunn passed away suddenly on July 9th. Kevin, who worked for Haworth, was an engaged member of CoreNet volunteering his time on our Special Events committee, most notably on our annual golf outing. Kevin’s enthusiasm and positive attitude will be remembered by all who knew him and will be extremely missed. Chapter members are encouraged to post a personal message to Kevin’s wife and family on this guestbook. Volunteer Opportunities Share your expertise and support your Chapter... Volunteer today! This year, the Mid-Atlantic Chapter plans to add even more value to its members by delivering quality events and educational opportunities. To do that, we need the help of energetic volunteers just like you! Click here to view our committees. Each of them could use support with current objectives and help in creating new ones. CORE NEWS Summer 2012 Thanks to Our Sponsors Gold: Welcome New Members David Bailey • State Of West Virginia (HQ) David Barr • U.S. Department of State Martha Benson • General Services Administration Gregg Brown • Newmark Grubb Knight Frank Lance Christensen • NetApp Elaine Clancy • General Services Administration (HQ) Robert Clark • CWCapital Stephanie Douglass • IA Interior Architects Oyku Hanna • K&G Project Management Silver: Lauren Hediger • General Dynamics AIS Joel Horning • Capital One Services Inc. Kristen Inghram • Tandus Flooring Elizabeth McCleskey • AT&T Cullen McGuire • Rand Construction Angela Mellgren • Claire Melvin • Faithful+Gould Steve Owens • Jones Lang LaSalle Peter Patnaude • CBRE Flavio Peres • General Services Administration Max Rheault • Figueras Seating USA Inc. Bert Sanders • Newmark Grubb Knight Frank Jerry St. John • CFS Millicare Peter Van Emburgh • CBRE CoreNet Global 133 Peachtree Street, N.E., Suite 3000 Atlanta, GA 30303 Bronze: