NAIOP Colorado

Rocky Mountain Real Estate Challenge Announces Architect and Judge Selection at Kickoff Event

Submitted by Jeff Corn, Fleisher Smyth Brokaw, LLC

NAIOP Colorado announced the selection of architects and judges to take part in this year’s Rocky Mountain Real Estate Challenge.  The announcement was made privately on Thursday, January 28^th at the Denver Coliseum, the subject of this year’s Challenge, as participants and organizers gathered to formally kickoff the 8^th annual event.

“These professionals represent the best and brightest in our industry, and we are pleased to announce their involvement in this year’s Challenge”  said Al Colussy, Principal with the architectural firm klipp, and Chair of this year’s Rocky Mountain Real Estate Challenge Committee.

Architect and Judge selections were made based on relevant experience, expertise, and community involvement. After a three-month selection process beginning last October, NAIOP selected from dozens of potential honorees, ultimately choosing seven architectural firms and eleven judges to take part in this year’s Challenge, which culminates with student presentations at a banquet dinner on May 5^th.

Attend the 2010 Energy Efficiency Expo

Learn how you can save money by lowering your energy costs at the 2010 Energy Efficiency Expo being sponsored by our ResourceSmart Colorado partner, Xcel Energy, on Tuesday, March 2, 2010 from 7:30 a.m. to 2:00 p.m. at the Westin Westminster.

Join Xcel Energy’s team of energy efficiency experts as they share their best tools and technology to help you save money and lower your energy bills. Highlights of this free event include:

• Energy efficiency workshops will help you identify rebates and incentives to lower your energy costs and meet your energy-savings targets.
• One-on-one thirty minute appointments (with registration at the Expo) with energy efficiency engineers will help you get the answers you need to your specific project-related questions.
• Rebate program managers and engineers will answer your questions and discuss your project ideas or help you get started.
• Fellow business owners and facility managers will share how they set efficiency goals and built a financial case for energy efficiency projects.

Register today at www.XcelEnergyEvent.com 

Metro Denver EDC Releases 2010 Economic Forecast

On January 13th, the Metro Denver Economic Development Corporation (Metro Denver EDC) presented the 2010 Economic Forecast for Metro Denver at Vectra Bank's 17th Annual Economic Forecast Breakfast. Chief Economist Patty Silverstein discussed key economic activity in 2009 and gave her outlook on the economy for the coming year. The event was sponsored by the Metro Denver EDC and the Denver Metro Chamber of Commerce. 

According to Silverstein, one of the longest and deepest economic contractions in the nation's history appears to have ended. The potential strength and length of the recovery, however, remains in question.  Click here to read the full report.

City of Denver, RTD and NAIOP Task Students with Redevelopment of Denver Coliseum Site

The City of Denver and RTD have teamed up with NAIOP Colorado to get recommendations from some of commercial real estate’s best and brightest graduate students.

The Coliseum has been a Denver landmark for nearly than 60 years, and visions for its future now lie in the hands of graduate students from the University of Denver and the University of Colorado. 

The City of Denver and RTD are teaming up with NAIOP Colorado for this year’s 8^th annual Rocky Mountain Real Estate Challenge.  The Challenge asks student teams to evaluate and make recommendations for the Coliseum’s redevelopment as they compete with one another to present viable proposals.  The City will take into account the students’ suggestions as future options for the site are developed.

Over the next four months, nearly 50 students will analyze every aspect of the feasibility of redevelopment and will ultimately present their findings to the City at a banquet event on May 5, 2010.  Ticket sales for the event will be open to the public in mid February. 

Call for Submissions: 2009 NAIOP Colorado Awards of Achievement

NAIOP Colorado will honor the members among us in the Commercial Estate Industry who have been selected as the "Best of the Best" at the 2009 Annual Awards of Achievement Luncheon scheduled for February 18, 2010 at the Denver Center for the Performing Arts’ Seawell Ballroom.  Be sure to nominate your project or broker by Wednesday, January 6, 2010!

 

Brokerage Categories include:

• Office Broker of the Year
• Industrial Broker of the Year
• Investment Broker of the Year
• Land Broker of the Year
• Retail Broker of the Year
• Broker Outstanding Achievement Award

 Development Categories include:

• Office Development of the Year
• Industrial Development of the Year
• Mixed Use Development of the Year
• Development of the Year
• Owner/Developer of the Year
• Special Development of the Year

All nomination forms and supporting information must be submitted to the NAIOP Colorado Chapter office on or before Wednesday, January 6, 2010.  Click Here for the award criteria and nomination forms.

 

Any materials received on or after January 7, 2010 will not be accepted.  Specific information about what must be submitted is listed in detail on the Broker and Developer Submission Check Lists.  In order to submit a nomination, you must be a member of the NAIOP Colorado Chapter.  Questions regarding the awards program may be addressed to Kathie Barstnar or Jayma File at the NAIOP chapter office at 303.782.0155. 

 

We look forward to receiving your nominations prior to January 6th, and to sharing the winners with you at our Awards Luncheon on February 18, 2010.  For ticket information, please contact the NAIOP office at 303.782.0155.

NAIOP Colorado Supports Denver Childrens Home

Submitted by Jason Newcomer, Community Relations Chair, DCS Inc.

Happy Holidays NAIOP members! This year we would like to make a special request to all of our members. NAIOP has agreed to be a sponsor for the Denver Children's Home this year and we are asking for your support. For those of you that are not aware of Denver Children's Home, it is the oldest non-profit in the state started back in 1876. Their mission is to care for the state's abused and neglected children. They provide a therapeutic, safe place for emotionally distressed children and adolescents. Like most other non-profits Denver Children's Home has struggled as donations have fallen off this year. That is where we hope you can help NAIOP fill the void!

Click Hereto see a list of items needed by the home.  Please purchase a item, buy a gift card or simply write a check. We will be collecting these items at the Chapter’s Annual Holiday Receptionon the evening of December 8th, so if you plan to attend you can bring with you to the party. If you are not attending you can drop off your donation/gift at the NAIOP offices. We will be delivering the gifts and donations on Friday, December 11th so we ask that you have the gifts to NAIOP by Thursday December, 10th. Thank you to everyone who has already committed to giving this year and have a safe and happy finish to 2009.

Revisiting Gallagher: Facts and (Un)intended Consequences

On Wednesday, December 9^th, the CSU Everitt Real Estate Center will present new research on Colorado’s residential and commercial property tax trends affected by the Gallagher amendments.  Will current property devaluations impact Colorado’s competitive advantage in a recovery adversely impacting commercial real estate properties?  Come learn the facts and hear and see the very valid opposing viewpoints and suggested solutions.  Click Here for more details and to download a printable registration form.

NAIOP's 2nd Sponsored University Outreach Event draws a big crowd

For the 2^nd time, a University Outreach event was held at both the University of Colorado and the University of Denver.  Each location drew more than 35 attendees.  At the event on October 19^th at the University of Colorado, students learned about Developement from Rick Woodruff, The WW Reynolds Company and Jason Newcomer, DCS Inc.  Kim Koehn, K2 Ventures and Pete Tobin, Ascendant Development Corp. talked about what is involved with Ownership.  The ups and downs of the brokerage markets were discussed by Tim Harrington, Grubb and Ellis and TJ Johnson, Fuller and Company.  Finance was covered by Craig Poulter, The PrivateBank and Sara Croot, BBVA Compass.  The details of Entitlement, Due Diligence, and Architecture were handled by Brian Hall, CVL Consultants and Morgan Landers, Brownfield Partners, LLC.

At the University Outreach event on October 27^th at the University of Denver, the same topics were covered by other industry leaders and NAIOP members as follows:  Development – Patti Gage, z/2 Partners LLC and Jeff corn, Fleisher Smyth Brokaw LLC; Ownership – Michelle Brokaw, Fleisher Smyth Brokaw, LLC and Dan Metzger, Dividend Capital Total Realty Trust; Brokerage – Frank Kelley, CB Richard Ellis and Megan Byrne, Grubb and Ellis; Finance – Richard Morgan, Colorado State Bank & Trust and Fran Federman, ProLogis; Entitlement/Due Diligence/Architecture – Nanci Kerr, Sky to Ground LLC and Doris Rigoni, Chicago Title of Colorado, Inc.

For each of these events, the student attendees submitted their resumes to be shared with the speakers as well as for posting on the NAIOP Colorado website.  Any NAIOP member who might be looking for a bright addition to your team should click here to view all the student resumes.  Keep in mind, this is a Member Only benefit and you will need to login to access your potential employee’s resume.

NAIOP DL's and SL's raise $6000 to Support Colorado At-Risk Youth

Submitted by Pete Tobin, Ascendant Development and Mindy Humphrey, Security Title Guaranty Company
2009 Mustach4Cash/Color4Kids Co-Chairs

As many of you know, this was the first year NAIOP participated in this fundraising effort and we must say, it was a refreshing way to raise money for such an important cause.   We had 2 teams:  The Seasoned Leaders (with 4 strong participants) who finished 11th in overall fundraising and the Developing Leaders (with 10 strong participants) finishing 4th in the team competition.  The combined NAIOP team totals place our organization 3rd overall for this event.

The results are in:  THE DEVELOPING LEADERS WON!

NAIOP Explores Efficiency Incentives/Rebates in Commercial Real Estate

Submitted by Joseph Dischinger, Fairfield & Woods PC

ResourceSmart Colorado presented an informative breakfast program on October 13 about technical assistance and financial incentives available to the owners and operators of commercial buildings for reducing consumption of water and energy.  ResourceSmart Colorado is a ground-breaking partnership among NAIOP Colorado, Denver Water and Xcel Energy to promote conservation in office buildings, warehouses and other commercial real estate in the Denver metropolitan area.

The program began with a brief quiz show titled “Are You Smarter Than Jim Creighton?”  Moderator Susan Stanton asked audience members and the Chapter’s Programs Committee Chairman Jim Creighton multiple choice questions about resource conservation, which Mr. Creighton gamely answered incorrectly.  During the quiz show, the audience was treated to a running toilet – an actor, dressed in a toilet costume, ran through the crowd.