In case you did not have a chance to join us, the Chapter hosted the following events in the recent past:
Columbus Event - Key Drivers in the Site Selection Process
Unlocking the Site Selection Puzzle: A Moderated Panel Discussion about Key Trends and Issues in a Dynamic, Global Economy
“Location, location, location…” We have all heard this line before as it relates to real estate. What is influencing today’s corporations in the site selection process? As end users and service providers, what do professionals in the industry need to know a when weighing the variables that go into a corporate location decision? Our panel of experts will discuss the top site selection drivers, how the dynamics of the global economy are impacting investment activity and the criteria on which companies are making decisions.
Moderator:· Kenny McDonald, CEO – Columbus 2020
Distinguished Panel Members:·
Rajeev Thakur, Senior Managing Director – Newmark Grubb Knight Frank·
David Zaharchuk, Global Industry Research Lead – IBM·
Matthew Poreba, Consulting Manager – Cushman & Wakefield·
Eric Stavriotis – Senior Vice President, CBRE
Neale Rath – Senior Manager, Strategy & Operations, Deloitte Consulting
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Columbus Event - Workplace Strategy
Workplace Strategy Trends, Recruitment & Retention of Talent and it’s impact on Millennials
Did you know that CoreNet Global's latest research has demonstrated a critical need for alignment between workplace strategy & business strategy in order to improve employee performance, foster innovation, and impact the bottom line? What does this really mean for Central Ohio and its companies as they seek to recruit and retain top talent while adopting cutting edge work place strategy?
Attendees learned how Central Ohio Real Estate Leaders and Corporations across the country are adopting innovative workplace strategies that respond to dynamic relationships between physical space, corporate culture, worker expectations, technology innovations, organizational brand and business success in a world of constant change.
Distinguished Panel Members:
· Vik Bangia, Principle, Verum Consulting & CoreNet Global Board Member
· Michael Copella, Managing Director, CBRE Columbus
· Kieran Sherry, Vice President of Corporate Real Estate, Nationwide
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Columbus Event - The Well Building Standard
The WELL Building Standard® (WELL) is the world’s first building standard focused exclusively on human health and wellness. It marries best practices in design and construction with evidence-based medical and scientific research – harnessing the built environment as a vehicle to support human health and wellbeing. The standard has been pioneered by DELOS and is managed and administered by the International WELL Building Institute™ (IWBI ™).
The distinguished panelists listed below will help educate attendees on the history, the process and the future of WELL:
· Phil Williams, Executive Director, Project Delivery - DELOS
· Dave Pogue, Global Director of Corporate Responsibility - CBRE
· Professor Robert Simons - Cleveland State University
· Bryon Sutherly, Leader, Workplace Strategies– Hixson Architecture|Engineering|Interiors
WELL is the culmination of seven years of rigorous research. In order to finalize WELL for release, IWBI undertook a comprehensive expert peer review process, which included three phases, & culminated in the release of the WELL Building Standard v1.0. The final peer review phase was led by Dr. Michael Roizen, Chief Wellness Officer of the Cleveland Clinic, and consisted of a comprehensive medical review of the WELL Building Standard. Cleveland State University has become a strategic research partner with the WELL movement and has recently published some white papers. Hixson Architecture|Engineering|Interiors has been focused for over a decade on how the workplace environment can improve employee productivity, satisfaction, engagement and health. The WELL Building Standard is a powerful new tool to advance this workplace optimization effort. Hixson is actively working to incorporate WELL into workplace design.
The first office in the world to be WELL Certified™ — Pilot Program, is the CBRE Corporate Headquarters in Los Angeles and CBRE was the recipient of the Prestigious Global Innovator’s Award from CoreNet Global.
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Cleveland Event - Nestlé Tour (Solon)
Please join us for a joint program between IFMA Northern Ohio and CoreNet Global Ohio Kentucky Chapter for an exclusive tour of Nestlé. The Nestlé campus in Solon is a jewel in Northeast Ohio’s array of influential and prominent companies in the U.S.
Attendees will learn the history of Nestlé and their products, tour Nestlé’s Headquarters building at 30003 Bainbridge Road, including the culinary center, new corporate company store, and new building branding areas. Also possible tour locations include the Nestlé new conference center and new food concept “Avenue C” at Nestle Business Services building.
Named one of “The World’s Most Admired Food Companies” in Fortune magazine for eighteen consecutive years, Nestlé provides quality brands that bring flavor to life every day. From nutritious meals with Lean Cuisine® to baking traditions with Nestlé® Toll House®, Nestlé USA makes delicious, convenient, and nutritious food and beverage products that make good living possible. That’s what “Nestlé. Good Food, Good Life” is all about. Well-known Nestlé USA brands include: Nestlé® Toll House®, Nestlé® Nesquik®, Nestlé® Coffee-mate®, Stouffer’s®, Lean Cuisine®, HOT POCKETS® and LEAN POCKETS® brand sandwiches, Nescafé® and NESCAFé CLASICO ™, Buitoni®, SKINNY COW®, DREYER’S/EDY’S®, Nestlé® Crunch®, Nestlé® Butterfinger®, Wonka® and DIGIORNO®. Nestlé USA, with 2014 sales of $9.7 billion, is part of Nestlé S.A. in Vevey, Switzerland — the world’s largest food company with a commitment to Nutrition, Health & Wellness — with 2014 sales of $100 billion. For product news and information, visit Nestleusa.com or Facebook.com/NestleUSA.
Thank you to IFMA and CoreNet Global member, Kira Kabo, Head of Corporate Facilities and Security for Nestlé USA for generously donating her time to help organize this event.
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Cleveland Event - The NuCLEus Project
How Will it Enhance Cleveland's Skyline
CoreNet Global is proud to present Steven Coven of Stark Enterprises with a dynamic and exciting presentation of the proposed NuCLEus Project. NuCLEus is the missing link, the magnetic force that will energize the streets and the hub that will connect Downtown Cleveland’s most prized assets and economic generators.
Bound by major street fronts including East 4th, Prospect Avenue and Huron Road, NuCLEus is situated in the ideal location for high volume national retailers and restaurants. NuCLEus will have commercial critical mass of almost 150,000 SF of national restaurant and retail tenants, 425 apartment units, 130,000 SF of executive office space and nearly 2,000 parking spaces. The development will capture powerful day time and night time pedestrian traffic that will drive high sales-per square-foot, thanks to a growing number of city dwellers, a dynamic downtown work force, and millions of visitors every year.
NuCLEus will introduce laneways to downtown Cleveland, a unique form of urban place making originating in Melbourne, Australia. The laneway at NuCLEus will be a tight intimate space that offers al fresco eateries, one-off shops and cozy little bars, all nestled side-by-side in a unique alley setting with its own individual character and charm.
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Cleveland Event – KeyBank Higbee Building
"The State of the Cleveland Real Estate Market"
Presented by Robert Roe, SIOR, Managing Partner, Jones Lang LaSalle.
The North Region of the Ohio/Kentucky Chapter hosted a program on the State of the Cleveland Real Estate Market on January 19. The presenter for the January
program was Robert Roe, the Managing Director of Jones Lang LaSalle, Great Lakes Region. Rob has over 23 years of experience in designing and implementing
strategies to address the many issues faced by the corporate real estate user. He is responsible for providing real estate transaction representation and consulting
services for JLL clients around the world, but has a particularly strong knowledge of the Cleveland market.
Rob reported that the Cleveland real estate market has been largely stagnant as a result of the national repercussions of the debt crisis of 2008-2009, but that capital markets are slowly trying to stabilize and corporate America seems to be successfully weathering that economic storm. He noted that 2011 and 2012 collectively represent the most active years in the Cleveland real estate market in more than two decades. Rob proceeded to discuss several of the major projects which are among the $2 billion in overall private and public investment being made in the Cleveland area. The hope is that this wave of new investment will turn around the city’s economic fortunes.
It was an interactive discussion, with a robust question-and-answer session following Rob’s presentation. Afterwards, the attendees had an enjoyable networking
reception at Tower 230 in the Higbee Building.
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Cincinnati Event – dunnhumby USA
Solar Power and Renewable Resources
Presentations included:
History of Solar & Renewable Resources - James Cormican, PV Specialist, RBI Solar
Structural Analysis of Racking Systems and Project Profiles - Mike Slack, Engineering Manager, RBI Solar
Trends in Local Market Place - Andrew Ritch, Director of Renewable Energy Strategy & Compliance, Duke Energy
Solar Financing & State Incentives - Mike Kimball, CBRE
Presenters detailed the current state of the solar electricity technology, and the local, as well as national marketplace for solar project financing. With equipment costs coming down as much as 30% in 2011, solar projects are becoming more and more popular at the commercial and industrial scale. New financing mechanisms including power purchase agreements, lease agreements, and solar renewable energy credits have opened new markets to solar electricity.
Continuing low costs of energy in Ohio along with relatively modest renewable portfolio standard policies have made for small modest growth in solar project development locally. Other states that have higher energy costs and more aggressive renewable energy policies have seen faster growth with systems that meet the payback demands of more families and institutions. The dynamic solar market will continue to evolve and present opportunities for businesses and financial institutions. Incentives are one of the main drivers in completing a successful solar project which can be very costly. Mike discussed the underwriting process and the abundance of companies that offer this service. In truth, there are more solar underwriters than actual completed solar projects in a given year. Underwriting is key to a successful solar project and many do not come to realization due to poor underwriting.
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Cleveland Event – KeyBank Higbee Building
Cleveland Medical Mart and Convention Center
The presenter for the April program was Brian Casey of the Cleveland Medical Mart and Convention Center, which is expected to open in the summer of 2013 and is one of the major projects to which Rob referred in the January program. Brian, who was named General Manager in May 2011, has over 30 years of experience in the trade show and meetings industry, including previously as President and CEO of the High Point (North Carolina) Market Authority. As General Manager of the Medical Mart and Convention Center, Brian is responsible for attracting both trade show business and events for the overall facility and tenants for the Medical Mart. He also is overseeing all department functions, including construction, operations, finance, and leasing.