Archive of ‘Events Recap’ category

Little Patuxent Square Construction Tour & Happy Hour

“This Building is about friendships and passion.”
~ David Costello, President of Costello Construction


On May 4th, CREWBaltimore and CREW MarylandSuburban teamed up for a tour and happy hour in the shell space of Columbia’s newest office and apartment building, Little Patuxent Square. 

Though not quite complete, the nine-story LEED Gold mixed-use development will include 160,000 sf of Class A office space, 5 stories of underground parking and 160 luxury apartments on top of that branded “Lakehouse.” Every apartment will come with a balcony and views of the woods or lake. Move-ins are expected as early as this summer.


Mr. Costello spoke about his personal journey with the property, easement issues and finally a rendering that he simply did not like. It was at that point that he changed courses, and architects, to create the building he envisioned.

With the help of his team, and business partner, they set off to develop the building they wanted. The building features an all glass office façade, the first of its kind in Columbia. 

A Day of Service at My Sister’s Place

  Volunteer Week 2017—how did our Chapter celebrate?

The CREWBaltimore Outreach committee has identified My Sisters Place Women’s Center as our local philanthropy partner for 2017. My Sisters Place Women’s Center (MSPWC) provides three meals a day and access to services such as case management, education and job training for women in Baltimore City. They are a sponsored by Catholic Charities of Baltimore.

On April 27, 2017, twenty-one (21) members of CREWBaltimore volunteered their time, knowledge and experience to host a workshop for nine (9) ladies in the internship program at My Sisters Place Women’s Center, advising the interns how to market themselves to the workforce. The workshop started with a detailed discussion surrounding resume building, the importance of proper use of cover letters, along with what employers look for in candidates. Next, was an interactive session encompassing the topic of “Professionalism in the Workplace”.


At noon, a group of our volunteers stepped away from the workshops for a bit to help serve lunch to MySisters Place clients and got to see firsthand our travel size toiletry donations being put to use as staff handed out to those in need. The Outreach committee has called to action an ongoing collection of travel-sized toiletries at each of our events throughout the year, so please consider donating.

After lunch our ladies took the room again with a presentation about interviewing skills, proper follow-up time and methods of contact, inclusive of an impressive list of Do’s and Dont’s that we could all benefit from reviewing.

The final workshop of the day allowed our mentor volunteers to work one on one with the interns helping them tweak their resumes, perform mock interviews and create appropriate social media presence to connect with potential employers.

 Many of the ladies are looking for reception or data entry positions in an office setting. If you know of any prospective openings, please contact Outreach Chair, Polly Houck at phouck@asicare.net or Case Worker at MSPWC, Liz Kraus at ekraus@cc-md.org .

To see our full gallery of photos from our Day of Service, click here.

A huge thank you to all of the members listed below who participated in the success of this event! Feedback received from the organization was filled with gratitude and appreciation for how enthusiastic the mentors were. Lisa Kraus, Case Worker at MSPWC stated, “You really inspired them and showed them that they have the power to accomplish their goals and dreams.”

Women of Influence Luncheon

On April 20th, CREWBaltimore hosted the “Women of Influence” Luncheon at the Center Club.

The event featured panel members Chickie Grayson, President and CEO of Enterprise Homes, Marjorie Rodgers Cheshire, President and COO of A&R Development, and Jennifer Perkins, VP of Asset Management of Bentall Kennedy, moderated by Christine Espenshade, a Managing Director of JLL.

The panel discussed topics ranging from management philosophies to how to stay inspired in the face of adversity and outside obligations. When asked how she was able to gain credibility after taking over the family business, Marjorie Rodgers Cheshire responded that she established credibility by working harder than everyone else, managing up aggressively, and knowing when to back off or shift strategies. Chickie Grayson knew that she had found her place at Enterprise Homes years ago because it aligned with her passion for outreach. That said, Grayson warns, non-profit does not mean “do not make money.” The business has to be sustainable and cannot run on passion alone. As for how to get noticed in a large company, Jennifer Perkins relied on internal networking, getting exposure to key senior management and having a mentor that helped her through the beginnings of her career.

As leaders, the topic of how to manage was an intriguing one. Perkins believes in giving her team the opportunity to give a project a shot, even if they fail. Grayson always hires people smarter than she is that exercise good judgment, including a great assistant that she says makes her look good to clients. She also touted Enterprise’s new open workplace strategy as mixing things up and creating more energy in the team. Rodgers managing technique is to back off of her intensity by 20% during stressful times, and also works with a corporate coach to learn management strategies.

When asked how they manage adversity, Perkins says it is alright to say “this sucks” but then get up and move forward, hopefully with the help of a strong network. Similarly, Rodgers Cheshire relies on her coach and network during difficult times. Grayson had a more philosophical response by contemplating on what she would have been worried about a year ago, recognizing that she usually does not remember and that bad things have a way of working out. She said “change your attitude when you can’t change the situation.”

As business women, good and bad deals can make or break their day. For Grayson, she believes the best deals were the ones they didn’t invest in that would have turned out badly. For Rodgers Cheshire, the worst deals came when her company chose a bad partner. Perkins shared a story of her 11-month battle of buying out a JV partner that continuously overlapped with family vacations and holidays.

The crowd was eager for final words of wisdom from the panel. Perkins encouraged women to ask for what they want and be confident enough to hear “no.” Rodgers Cheshire wants women to be comfortable breaking glass earlier in their careers, stating that most women believe they need to be 100% prepared for a job, even though most of the world will accept 70%. Grayson told the crowd that her mother always told her to act like she belonged even when she didn’t feel like it, but also stay humble. In addition, final words from moderator Christine Espenshade reminded the crowd that these women all worked really hard to get where they were, no one handed success to them.

For more photos from the event, click here.

State of our State Luncheon Recap

More than 100 members of CREWBaltimore and guests listened to panelists speak about the State of Our State — and specifically downtown Baltimore — at CREWBaltimore’s first luncheon of the new year on Jan. 19

Panel Moderator Nancy Ferrell, NorthMarq Capital, Dept of Commerce’s Allison Mayer and Shannon Landwehr of the Economic Alliance of Greater Baltimore.

Panelists included Allison Mayer, Managing Director of Marketing & Communications for the  
Department of Commerce
, Shannon Landwehr, President of the Economic Alliance of Greater Baltimore, Kirby Fowler, President of the Downtown Partnership of Baltimore, and Jane Shaab, Senior Vice President, RPC, Assistant Vice President for Economic Development at the University of Maryland, Baltimore. The program was moderated by CREWBaltimore member Nancy Ferrell, Managing Director for the Baltimore Regional Office of NorthMarq Capital.

Downtown Partnership of Baltimore’s Kirby Fowler and Jane Shaab of University of Maryland – Baltimore

The panelists all had one very clear message: downtown Baltimore has an optimistic future. Baltimore is fifth in the country for innovation and also fourth in the country for the number of advanced degrees (with more than 30 colleges in the area). To help foster this innovation, Baltimore is proud to host a number of incubators, accelerators, and co-working spaces.

All of the panelists agreed that collaboration with the new mayor, Catherine Pugh, is key to promoting the successes of Baltimore. With many more projects slated for Baltimore, the future is very bright.

For more photos from this luncheon, visit our website.

CREWBaltimore Annual Meeting & Holiday Luncheon

2017 Board: Nikkia Fitch, Hertzbach & Co, P.A.; Carly Peters, L&H Business Consulting; Karyn Tasker, CohnReznick; Howard Sobkov, Cap Ex Management Group; Kristen Schrader, KBE Building; Amy Lacock, JLL; Kim Hogan, Cushman & Wakefield; Kristen Pleasants, Base Point Advisors; and Laurie Marino, JLL

CREWBaltimore hosted its festive Annual Meeting & Holiday Luncheon on December 14 at Hotel Monaco.

Members officially welcomed the new Board of Directors for 2017: President Amy Lacock, JLL; President Elect Karyn Tasker, CohnReznick; Past President Howard Sobkov, Cap Ex Management Group; Treasurer Carly Peters, L&H Business Consulting; Secretary Kristen Pleasants, Base Point Advisors; Board Director, Membership Nikkia Fitch, Hertzbach & Co, P.A.; Board Director, Sponsorship Laurie Marino, JLL; Board Director, Programs Kristen Schrader, KBE Building; Board Director, Outreach Kimberly Hogan, Cushman & Wakefield; Board Director, Director at Large Christine Espenshade, JLL and General Counsel Cynthia Berman, Kramon & Graham, P.A.

Laurie Marino, JLL; Dawn Rogers, Obrecht Commercial Real Estate; Beth Hardstock, Omega Fire & Life Safety and Polly Houck, Absolute Service Industries help put together 200 gift bags for My Sister’s Place.

Attendees also donated toiletries, coloring books, crayons, hand warmers, socks and candy to create 200 gift bags for My Sister’s Place, which provides women in Baltimore City with meals and access to services such as case management, education, and job training.

Check out more photos

Sheelagh Allston, Rosenberg | Martin | Greenberg, LLP; Glenda Sanders, Sanders Design Architects; Connie Wittich, Metropolitan Studio and Laura Penza, Penza Bailey Architects

2016 CREWBaltimore Beacon Awards

On Thursday, November 3, 2016, crew-beacon-headerCREWBaltimore hosted the CREW Beacon Awards Gala at
the Maryland Science Center in downtown Baltimore. Nearly 125 members, guests and top real estate professionals came out to recognize and celebrate the outstanding contributions and achievements of individuals in the Baltimore metropolitan commercial real estate industry.

Signature cocktails were served in chemistry beakers. Business cards were exchanged amongst associates of the most elite CRE companies in town. And a beautifully lit Inner Harbor horizon (on an unseasonably warm night) was enjoyed by all.

mlp_crewbeacon25612016_After our chapter President, Howard Sobkov, CapEx Management Group, welcomed the crowd, attendees were honored with opening remarks from Baltimore City Mayor-elect, Senator Catherine Pugh, who recognized ways in which the commercial real estate industry is helping to move our city forward. A keynote speech given by Bonnie Gottlieb, SVP of Industry & Member Affairs at NAREIT and also a former CREW Network President, had the audience toasting to keep focused and not lose ground as women and as professionals in our market, while also encouraging us to give back to the profession that has given so much to us.

mlp_crewbeacon25952016_Brenda Bodian of BJB Realty Advisors Inc., a 30-year CREWBaltimore member and recent inductee into the CREW Network “Women of Vision” program, moderated the event perfectly with thoughtful consideration given to each finalist.

 

Let’s give it up one more time for the Winners of the 2016 CREWBaltimore Beacon Awards!!

Chapter Champion Award:  Cushman & Wakefield

Member-to-Member Business Award: Joan Renner, Chief Financial Officer at The Brick Companies

Rookie Member of the Year – The Dive-Right-In Award: John Hutch, III, Principal, JP2 Architects

Circle of Excellence Award: Michele Levy Cohen, Principal at Miles & Stockbridge, P.C.

Community Impact Award: The Reinvestment Fund Development Partners for Preston Place

mlp_crewbeacon25202016_The amazing sponsors for the event, who made everything possible, included Admiral Security Services, Red Coats Inc, Datawatch Systems, Mechanical Systems Inc, Brightview Landscapes, ABM, Continental Realty Corporation, Arris Design Studio Inc, PCM Services, Whiting-Turner Contracting Co., and Choice Plantings Inc.

Lastly, a huge round of applause and great thanks to Theresa Tsamoutalis, President and Principal of Allsafe Elevator Inspections Inc and her committee who planned and executed a night we will not soon forget!

If you missed out on the event or want to see your “dressed to impress” photo from our Step & Repeat….Photos from the Beacon Awards Gala are located here. If you have any memories or photos to share please tag us on social media using #CREWBeacons and @CREWBaltimore.

Quite possibly the most photographed attendee of the night goes to the giant T-Rex fossil inmlp_crewbeacon27212016_ the middle of the room. Thank you to everyone who attended or supported this event. It is truly amazing what CREWBaltimore members and our colleagues have been able to accomplish. This event could spread out over a week and that still would not be enough to honor all of the inspiring individuals, companies and projects in our market. Keep doing big things Baltimore!!!

CREWBaltimore promotes the business interests and professional advancement of women in all disciplines of the commercial real estate industry by providing educational and networking opportunities and contributing resources to support the local community. For more information about CREWBaltimore visit, http://www.crewbaltimore.org.

Event Recap: Foundry Row Hard Hat Tour & Happy Hour

Foundry Row Hard Hat & Happy Hour

Tuesday, July 19, 2016

Foundry Row, Owings Mills, MD

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Brian Gibbons of Greenberg Gibbons and Jamie Pett of JP2 Architects address CREWBaltimore at the Foundry Row Hard Hat Tour & Happy Hour.

CREWBaltimore members and guests gathered on Tuesday afternoon for an insider’s look at Foundry Row, the $140 million, 50-acre development on Reisterstown Road in Owings Mills. Attendees heard from developer Brian Gibbons of Greenberg Gibbons and architect Jamie Pett of JP2 Architects and then went on a hard hat tour of the property.

The project is comprised of 356,000 square feet of retail space and 40,000 square feet of office. Tenants include a 130,000-square-foot Wegmans, LA Fitness, DSW, Ulta Beauty, Bagby Pizza, Panera Bread, Zoe’s Kitchen, Smashburger, Nally Fresh, Bar Louie, Mission BBQ, La-Z-Boy, Chipotle, Floyd’s 99 Barbershop and LifeBridge Health, among others. Foundry Row is expected to open this fall.

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CREWBaltimore members John Hutch, JP2 Architects; Kristen Schrader, KBE Building Corporation; Glenda Sanders, Sanders Designs; Gina Stewart, The Mullan Contracting Co.; and Dawn Sangley, Spry Design.

For more photos from this event, visit the CREWBaltimore gallery.

Event Recap: Baltimore Industrial Market Luncheon

Event Recap: Baltimore Industrial Market Luncheon

September 10, 2015

Hotel Monaco Baltimore

Points, ports, and more!

CREWBaltimore’s fourth luncheon of 2015 featured five expert panelists (four of whom are CREW members!) speaking about Baltimore’s industrial market.

Read the bios and event recap below to see what you missed.

To learn more about the Sparrows Point Terminal project, led by Aaron Tomarchio and Erin Corrie, visit Straight to the Point!

Meet the Panel

karen pecoraro, industrial port

Karen Pecoraro
Moderator & CREW Member
Director, Client Services, Cardno ATC

Kate Nolan Bryden, industrial port

Kate Nolan Bryden
Panelist & CREW Member
Principal/Project Manager,
AMK Partners, LLC

Erin Corrie, industrial port

Erin Corrie
Panelist and CREW Member
Senior Associate, JLL

Brandi Hanback, industrial port

Brandi Hanback
Panelist & CREW Member
Executive Vice President of Industrial Development and Head of FTZ, Trade & Logistics, The Rockefeller Group

Donovan Murray, industrial port

Donovan Murray
Panelist
BCO Account Executive
Intermodal / Trade Development,
Maryland Port Administration

Aaron Tomarchio, industrial port

Aaron Tomarchio
Panelist
Vice President of Operations,
Sparrows Point Terminal

Industrial Market Terms to Know

Before you dive into the recap, familiarize yourself with this industrial shorthand:

  • 3PL: third-party logistics
  • BCO: beneficial cargo owner
  • FTZ: foreign trade zone

What’s Fueling MD’s Industrial Growth?

E-commerce is a huge factor. Consumer demand for all kinds of products is spawning both development and re-development of local areas. In fact, 30% of industrial space utilized by e-commerce tenants is dedicated to returns.

Maryland is also home to four FTZs in the following locations:

  • Baltimore;
  • BWI Airport;
  • Prince George’s County; and
  • Washington County.

Some notable BCOs in those FTZs?

  • Mazda
  • Under Armour
  • Bells Corporation
  • And more

All of these acronyms are contributing to Maryland’s “amazon” industrial growth!

That doesn’t mean that the Baltimore industrial market doesn’t have challenges. Those include government cutbacks (which affect demand), rent growth, and long lease periods, to name a few. Though vacancy is still high, the outlook is positive.

The Skinny on Sparrows Point

Environmental experts have recycled nearly 98% of the clean-up product used at the Sparrows Point. Now, the old steel mill is open and ready for business!

Sparrows Point’s access to deep water basins, multiple rail lines, and major highways gives industrial businesses a prime location to move products quickly and efficiently.

Who actually owns Sparrows Point? Two private equity firms:

1)         Hilco Real Estate
2)         Redwood Capital Investments

Both are highly capitalized partners committed to the long-term success of the project

Industrial Port Appeal

What makes an industrial port appealing to beneficial cargo owners?

  • factors that help avoid congestion for logistics and disruption to supply chain management
  • location within an FTZ
  • access to land, rail, water, and air (omni-channels)
  • larger market reach (size and scope of consumers)
  • ability to get product to consumer quicker than competitors

Learn something new?

Tell us about it at our next event: CREWBaltimore’s first golf tournament on October 15. Register here.

Weren’t able to attend 2015 CREW events so far? Here’s what you missed!

If you weren’t able to attend the “Women of Influence” on April 23rd, or  “The Retail Detail” on June 4th, here’s what you missed…

CREWBaltimore Women of Influence 2015 Panel

Women of Influence Panel moderated by Cynthia Berman, Principal of Kramon & Graham PA featured Jackie Schingeck, Corporate Vice President, Business Development and Marketing of Century Engineering, Kristen Pleasants, Principal of Basis Point Advisors, Stacy Berman, Managing Director of Newmark Grubb Knight Frank, and Anath Ranon, AIA, LEED GA, Principal of Cho Benn Holback + Associates.Women of Influence

Our annual “Women of Influence” Luncheon (formerly known as “Trailblazers”) was bigger than ever this year with over 96 in attendance eager to hear what these incredible women had to say. This year’s panel moderated by Cynthia Berman, Principal of Kramon & Graham PA featured Jackie Schingeck, Corporate Vice President, Business Development and Marketing of Century Engineering, Kristen Pleasants, Principal of Basis Point Advisors, Stacy Berman, Managing Director of Newmark Grubb Knight Frank, and Anath Ranon, AIA, LEED GA, Principal of Cho Benn Holback + Associates.

 

These amazing leaders in our industry focused their discussion around central themes found in Katty Kay & Claire Shipman’s book The Confidence Code asking the question, “What is confidence?” The book answers this question by stating that confidence is an attitude, a way you approach the world, a sense you can accomplish something. You can accomplish the task you want to accomplish.  On that note, what is failure? According to our panelists’ view, it is a learning experience and makes us stronger. They shared the lesson that we must stretch our limits, move forward and if you don’t ask the question, the answer is surely -No.

 

Lessons from the Confidence Code:

Women tend to over-prepare. Most will not take a promotion because they don’t feel they are ready for the new position. Women also tend to “upspeak” or sound like they are asking a question at end of sentence, which encourages reassurance.  We need to rewrite these thoughts and put a different spin on them. Don’t doubt yourself before you know. Be authentic, think less, and take action!

 

On Women in the Workplace:

Kristen Pleasants: “I found that I refocus the desire to be liked to being respected when I managed people. I tried to establish environments that people liked to work in.”

Stacey Berman: “It is hard to be someone’s friend when you are managing people. Respect is very important.”

Jackie Schingeck: “I realized I had to separate personal and professional relationships. People reporting to you can like you, but they have to know what is expected of them and being friendly doesn’t change the fact that you have to do your job and they have to do theirs.”

Anath: “I found that it was more about making a connection with people, and less about likability.”

 

On Risk Taking:

Each panelist had a story to describe of when they had to take a tremendous risk. Stacey moved from Canada, leaving behind a successful business. Anath opened her own office in Baltimore, and the firm ultimately failed. She learned to set up lunches and put herself out there to become resilient. “Sometimes it was really fun, sometimes it was really hard.” Jackie recalled how she worked at age16, but lied and told them she was 17 years old. Then when her firm celebrated her birthday, they thought she was 18. She was terrified of being “found out.” Kristen started her own business, leaving “corporate America”. She found that if she surrounded herself with mentors and cheerleaders, she could achieve anything she wanted.

 

On the Fear of Failure:

While Anath closed her company, she knew she had something to fall back on when she moved if it failed. She noted, “the key is to keep looking forward.” For Kristen, starting her own business was “Plan B.” She wanted to stay with the large banking firms she was used to, but found herself being spring boarded from a previous client. She asked for help and banked her confidence. Jackie decided that there is no such word as “can’t.” What was the worst that could happen? Rejection is character building, and if you are determined that you can do something you can do it. She encouraged the listeners that “you can do most things that you set your mind to.”

 

On Taking Feedback:

The ladies agreed, that it is harder to absorb critical comments if you don’t have a good relationship with the person who offered them. Although, if you have a good relationship with the person giving you the feedback, and it is offered as a way to help you, it can be instrumental. We should not look at failure as a mistake, but rather look at it as a lesson to learn from.

 

On Over-Preparation:

Often time’s women feel the need to have ALL the information before making a decision and this actually holds us back. Our male counterparts are less inclined to think things through. As a safe middle ground, we should try to decipher critical facts that we have to have, make the decision, and move on. At the end of the day you can’t change it. When a task is unpleasant, many women practice for a while how they will respond to the situation. This is deemed a pointless exercise if in reality the other person doesn’t say what you had planned they would. It is suggested that a better solution is to just execute while you are in the middle of the situation.

 

Men and Their Confidence:

Men throw out a lot and see what sticks, but women prefer to focus on quality versus quantity. One panelist recalled a friend who went from managing two hotels on a Caribbean island, to Wall Street managing a huge portfolio. When he decided to relocate to NYC, he saw advertisement in paper and didn’t even know what the position was. During the interview, he claimed he knew everything necessary, and then started studying once he got the job. His philosophy was to just have confidence and you can fill in the gaps from there. Another panelist remarked that males are still accustomed to running the world, and females are not used to being on equal footing. Many times when a man and woman say the same thing, it used to mean more coming from they guy.

The lesson to be learned here is that if you want to stay in the fight you have to keep persevering and we, as women, need to support one another. Confidence is key to success!

The Retail Detail Panel Neil Tucker, partner at Workshop Development, , Tami Daniel, counsel at Whiteford, Ashley York Venable, senior general manager of The Mall in Columbia, Mackenzie Paull, vice president, Economic Development and Planning for Downtown Partnership of Baltimore, Inc, Heather Arnold, managing director of Streetsense and Krista DiIaconi, vice president of EDENS

The Retail Detail Panel Neil Tucker, partner at Workshop Development, , Tami Daniel, counsel at Whiteford, Ashley York Venable, senior general manager of The Mall in Columbia, Mackenzie Paull, vice president, Economic Development and Planning for Downtown Partnership of Baltimore, Inc, Heather Arnold, managing director of Streetsense and Krista DiIaconi, vice president of EDENS

 Retail Detail

The crowd of nearly 70 CREWBaltimore members and guests listened intently as Ashley York Venable, senior general manager of The Mall in Columbia spoke about the forty year old 1.7MM SF super mall and the strategy of parking, neighboring retailers within and concierge type services it offers to remain competitive.

Factors she cited as contributing to its success:

  • Tremendous demographics (good household income, education, strong workforce)
  • Strong growth (continued to expand the market westward in Howard County)
  • Community (started as regional- residents are loyal)

Columbia, MD was a master planned community constructed at its highest and best use to achieve work, life & play inclusions so no one would need to venture to other cities. It has everything to be desired.

The question was posed by moderator, Tami Daniel, counsel at Whiteford, Taylor and Preston- “How will stores compete with Amazon?”

The answer: They are already ahead! The site to store function has been adopted by many retailers who have grown to use their stores as distribution sites. The Mall is currently working on a partnership with “DELIVE”- similar to a concierge service, which would allow 1) online shopping with pickup at the mall, 2) packages from shopping to be delivered to home or office for those who don’t want to carry, or 3) if another store location has an out of stock item, you can still purchase at the mall store and they will coordinate delivery to you.

Neil Tucker, partner at Workshop Development, added to this concept that many consumers are now “showrooming” by looking at products in the stores and then purchasing online due to no tax and home delivery. Boutiques will have to price match in order to compete.

He continued to discuss efforts driving retail development in the city and how Harbor East has become a destination as “a mall without the Macy’s & Nordstrom”. Charm City’s future is bright and expanding. Rents are as strong as any submarket-thanks to millennials and baby boomers. Mackenzie Paull, vice president, Economic Development and Planning for Downtown Partnership of Baltimore, Inc agreed that when brokers realize how densely populated Baltimore City is, it does become appealing to them but she also challenged that although waterfront areas like Canton, Fells Point and Harbor East are thriving, the city still needs help growing the central business district. Downtown is still missing a way to get their essential needs (linens, cutlery, etc) as there is currently no space to put a Target/Walmart store until new development comes through.

The Over-Retailed Vs. Under-Retailed Debate

If there are plenty of retailers that are failing, why would anyone still build more? This issue was tag teamed by Heather Arnold, managing director of Streetsense and Krista DiIaconi, vice president of EDENS, both experts in retail market analysis and development. After some discussion it was determined that the market nationally may be over-retailed BUT it is under-retailed in the right areas. They concurred that the “amenity and experience of shopping” is timeless. The key is “creating places where people WANT to be even if they don’t NEED to be there”. If developers can find ways to enrich the community through design, engagement and merchandising with something that makes their project stand out, they will be successful. Streetsense created a guidebook to use as a self-assessment tool for neighborhoods to see if they are attractive for retail development.

The panel discussion ended with great thought provoking questions from the audience and some group discussion about how events like the recent riots can be detrimental to retailers.

Don’t miss our next luncheon on September 10, 2015 where our expert panelist will discuss market trends in industrial real estate!

 

Photos – Retail Detail Luncheon at the Center Club in Baltimore

Photos from the Retail Detail Luncheon

Commercial Real Estate Outlook for Retail

CREWBaltimore members and guests gathered at the Center Club to learn about the commercial real estate outlook for retail in areas including Baltimore, Howard County, and Alexandria.

commercial real estate outlook for retail

l-r: Neil Tucker, Partner, Workshop Development; Tami P. Daniel, Counsel, Whiteford, Taylor & Preston; Heather Arnold, Managing Director, Public Sector, Streetsense; Krista Di Iaconi, Vice President – Development, EDENS; Karen Pecoraro, Director of Client Services at Cardno ATC and CREWBaltimore 2015 President; Ashley York Venable, Senior General Manager, The Mall in Columbia; Mackenzie Paull, Vice President, Economic Development and Planning, Downtown Partnership of Baltimore, Inc.

commercial real estate outlook for retail

Joan Renner, CFO, The Brick Companies; Melaine Levy, Vice President-Sr. Relationship Manager, M&T Bank; Michele Cohen, Principal, Miles & Stockbridge

commercial real estate outlook for retail

Amy Phillips, Director | Business Development | Global Construction Practice, Navigant; Emily Ness, Summer Associate, Navigant; Lauren Wilner, Account Representative, Johnson Controls

commercial real estate outlook for retail

Wendie Cassini, New Business Development Manager, Hyperspace; Gail Houser, Relationship Manager, BayBank; Patty Lang, Vice President, Choice Plantings

commercial real estate outlook for retail

John Hutch, Partner, JP2 Architects, LLC; Lisa Bands, President, My Cleaning Service; Meghan Belcher Shepard, Business Banking Relationship Manager, M&T Bank; Dawn Sangley, Associate Principal, PLDA Interiors

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