chapter directly at: [email protected] atdhe...
TRANSCRIPT
GREATER LOS ANGELESCHAPTER
GREATER LOS ANGELESCHAPTER
www.siorlosangeles.com
Advisiorthe
ISSUE 2 | | 2017www.siorlosangeles.com#SIORGLA
BOARD OF DIRECTORS
PRESIDENTJohn R. DeGrinis, SIOR
VICE PRESIDENTAleks Trifunovic, SIOR
2ND VICE PRESIDENTJon R. Reno, SIOR
SECRETARY/TREASURERJack Whalen, SIOR
SERGEANT AT ARMSRob Antrobius
MEMBERSHIP RECRUITMENTBarry Hill, SIOR
BOARD OF DIRECTORSAdam Deierling, SIOR
Chris Sheehan, SIORPeter A. Drake
Steve Bellitti, SIORJeffrey S. Kernochan, SIOR
Eric RuehleRyan McClean
PAST PRESIDENT/MEMBERSHIP RETENTIONFrank J.H. Schulz, SIOR
ADVISORY COUNCILDavid A. Prior, SIOR
Robert G. Thornburgh, SIOR
EMERITUSBen Reiling, SIOR
CHAPTER ADMINISTRATORKate Borden
Dear Friends,
With this being one of my last messages to you asChapter President, I wanted to take a moment toremind you about our social media presence. I am thefirst to admit, this is not an area I know much about,but I am slowly learning and am trying to embrace itas an imperative marketing tool.
About a year ago, SIORGLA launched our socialmedia presence with a Twitter account and Facebookprofile. Both have been growing steadily, but yourparticipation is imperative to their success. The moreour members and sponsors follow us in social media,the broader our reach. This effort can only succeedwith your help and your involvement.
Please take a moment to log in to Twitter and/or Facebook, and follow us. We can befound at: twitter.com/SIORGLA and facebook.com/SIORGLA.
In the upcoming months, we will try to schedule a webinar for those of us who are new tosocial media to learn how we can contribute and help the Chapter’s online presence grow.
Sincerely,
John R. DeGrinis, SIORChapter President
A Special Thanks to our Chapter Sponsors
Bank of America - Merrill LynchBFC FundingBridge Development PartnersCarson CompaniesCenterPoint Properties TrustCommerce Escrow CompanyCrow Holdings IndustrialDCT IndustrialDedeaux Properties, LLCFirst American Exchange Co.First Industrial Realty TrustIndustrial Property Trust
John G. Cataldo, Architect Inc.Kearny Real Estate CompanyLBA RealtyMar Ventures, Inc.Oltmans Construction CompanyOverton Moore PropertiesPacific Industrial, LLCPenwood Real EstateInvestment ManagementProficiency Capital LLCPrologisRexford Industrial, LLC
Shea PropertiesSitex GroupTejon Ranch CompanyTerreno Realty Corp.The Rockefeller GroupTMC FinancingTrammell Crow CompanyWatson Land CompanyWestcore Industrial Properties, LLCWonderful Real Estate Development
SOCIETY OF INDUSTRIAL AND OFFICE REALTORS®
PO Box 659 | Torrance, CA 90508P 818.905.5800 | F 818.325.4000 | E [email protected]
Questions about SIOR, becominga Member or Corporate Sponsor?Please contact our Chapter directly:
The Greater Los Angeles Chapter is accepting applications for its 2017 Corporate Sponsor and Friends of SIOR Program.If you are interested in joining this first class group of companies in their support of SIOR, please contact the
Chapter directly at: [email protected]
2017 SIOR BEACH OLYMPICSAUG | 17 | 2017 - 2:00pm - 5:00pm
SIOR NIGHTOCT | 12 | 2017 - 5:30pm - 8:30pm
FALL WORLD CONFERENCECHICAGO, ILOCT | 26-28 | 2017
HOLIDAY PARTYDEC | TBD | 2017 - 12:00pm - 2:00pm
2017 SIOR Remaining Calendar of Events
In Memory – Jack R. Karp, SIORBorn in 1938, Jack Russell Karp started his career in commercial real estate in 1962, andfounded National Properties Group, a full-service brokerage company, in 1974. He soldor acquired millions of square feet of industrial and office properties on behalf of hisclients, focusing in the South Bay. His expertise ranged from sale leasebacks, locationstudies, facility acquisitions, and development and marketing of an industrial park acrossthe country. In addition to service to his community, Jack served as Past President ofAIR, a neutral for the American Arbitration Association, and earned the SIOR Designation
in 1967. In spite of all his professional accomplishments, Jack’s greatest pride was his family. He is survivedby wife Lois, sons Timothy (wife Kim) and Adam (wife Cathy), and grandchildren Meggie, Ethan and Lucy.
Preceding is a preliminary schedule. Please view our Chapter website at: www.siorlosangeles.com for the most up to date schedule of events, times and locations.
UPCOMING EVENTS
2017 SIOR BEACHOLYMPICSAUG | 17 | 20172:00PM - 5:00PMHermosa Beach, 21st Street& The StrandHermosa Beach, CA
SIOR NIGHTOCT | 12 | 20175:30pm - 8:30pmJonathon Club Rooftop545 S. Figueroa StreetLos Angeles, CA
FALL WORLDCONFERENCECHICAGO, ILOCT | 26-28 | 2017
Laissez les Bon Temps Rouler!Well after Mardi Gras swept through, over 750professionals gathered in New Orleans, LA forthe 2017 SIOR Spring World Conference April26-29. Major topics of discussion throughoutthe conference included how to service bigcompanies, tech’s impact on industrial property,office investment trends and preparing forthreats to real estate infrastructure. “It wasspectacular to see members come togetherfrom twelve different countries to exchangevaluable insights and ideas about importantreal estate issues,” said SIOR Global PresidentGeoffrey Kassleman.
Jim “The Rookie” Morris to Speak at SIOR NightJim’s Cinderella story serves as testimony to the power of dreams and their abilityto inspire and transform human life. His meteoric rise from 35-year old high schoolteacher to flame-throwing major league pitcher in three months made cinematic historywith the release of The Rookie, starring Dennis Quaid. Jim’s rise from obscurity becamethe feel-good story of 1999 and 2000. Jim Morris signed with the Los Angeles Dodgersand retired from baseball in 2001.
Jim lives with his family near San Antonio and travels theworld as America’s foremost inspirational and motivationalspeaker. His story has become an inspiration to anyoneinterested in overcoming life’s obstacles and living theirdreams. Jim has participated in such prestigious events
as The Million Dollar Round Table, numerous speaker showcases, and is the authorof “The Rookie.”
Jim’s story has provided a platform to give back, inspire and encourage peopleof all backgrounds and ages to pursue their dreams and never give up!
IN THE NEWS
Space is limited!To register for these events,please go to:www.siorlosangeles.com
THE ADVISIOR SUMMER | 2017
Data Drives EverythingOn May 4, 2017, approximately 75members and sponsors gathered forthe Annual Spring Dinner and Fore-cast, sponsored by Prologis. Held atSpear Steakhouse, the evening fea-tured guest speakers Chris Caton(SVP, Research at Prologis), GregHealy (Head of Supply Chain Con-sulting at Colliers International) andMike Racine (VP at Hackman Capital).E-commerce and last mile delivery,development trends and general
economic trends were the main points of discussion. “I think it was a very engagingdiscussion,” Chapter Vice President Aleks Trifunovic, SIOR shared. “Everyone walkedaway learning something, whether it was Greg’s views on how we need to look atspace not by square feet, but by cubic feet, or Chris saying the stock market andthe bond market are giving us two very different messages right now.”
Recent Completed Transactions$7,100,000 Lease141,000 SF Industrial Rancho Dominguez, CALandlord: First IndustrialTenant: CH Robinson
Barry Hill, SIORJLL
$2,779,206 Lease75,899 SF IndustrialOxnard, CALandlord: PrudentialTenant: Cool Pak
John DeGrinis, SIORPatrick DuRoss, SIORJeff Abraham, SIORColliers International
$22,000,000 Lease47,336 SF Office Culver City, CALandlord: private ownerTenant: Regus Spaces
Aleks Trifunovic, SIORTibor Lody, SIORLee & Associates
$12,226,562 Lease388,130 SF IndustrialFontana, CALandlord: PrologisTenant: iLad
David Prior, SIORFrank Schulz, SIORTodd Taugner, SIORThe Klabin Company
$6,900,000 Sale52,000 SF Industrial Vernon, CASeller: Alpine InvestmentsBuyer: confidential
Jack Whalen, SIORKidder Mathews
$35,500,000 Lease143,436 SF Industrial Inglewood, CALandlord: PanattoniTenant: International Logistics
Company
Jeff Kernochan, SIORAndrew MagerFischer
$ Confidential Sale106,455 SF Industrial Fontana, CASeller: Sharplink Company LLCBuyer: First Industrial
Dan Weil, SIORColliers International
$11,670,150 Lease220,000 SF Industrial La Mirada, CA
Landlord: PrologisTenant: Daiso
Chris Sheehan, SIORColliers International
$4,018,000 Lease13,446 SF Office Glendale, CALandlord: KW Fund V BrandTenant: Beyond ai
Scott Martin, SIORNAI Capital
$ Confidential Sale93,000 SF Lancaster, CASeller: Storage Express, LLCBuyer: Life Storage
John Battle, SIORLee & Associates
SIOR NIGHTOCT | 12 | 2017 - 5:30pm - 8:30pm
Jonathon Club Rooftop, 545 S. Figueroa Street, Los Angeles, CA
UPCOMING EVENTS
2017 SIOR BEACHOLYMPICSAUG | 17 | 20172:00PM - 5:00PMHermosa Beach, 21st Street& The StrandHermosa Beach, CA
SIOR NIGHTOCT | 12 | 20175:30pm - 8:30pmJonathon Club Rooftop545 S. Figueroa StreetLos Angeles, CA
FALL WORLDCONFERENCECHICAGO, ILOCT | 26-28 | 2017
Laissez les Bon Temps Rouler!Well after Mardi Gras swept through, over 750professionals gathered in New Orleans, LA forthe 2017 SIOR Spring World Conference April26-29. Major topics of discussion throughoutthe conference included how to service bigcompanies, tech’s impact on industrial property,office investment trends and preparing forthreats to real estate infrastructure. “It wasspectacular to see members come togetherfrom twelve different countries to exchangevaluable insights and ideas about importantreal estate issues,” said SIOR Global PresidentGeoffrey Kassleman.
Jim “The Rookie” Morris to Speak at SIOR NightJim’s Cinderella story serves as testimony to the power of dreams and their abilityto inspire and transform human life. His meteoric rise from 35-year old high schoolteacher to flame-throwing major league pitcher in three months made cinematic historywith the release of The Rookie, starring Dennis Quaid. Jim’s rise from obscurity becamethe feel-good story of 1999 and 2000. Jim Morris signed with the Los Angeles Dodgersand retired from baseball in 2001.
Jim lives with his family near San Antonio and travels theworld as America’s foremost inspirational and motivationalspeaker. His story has become an inspiration to anyoneinterested in overcoming life’s obstacles and living theirdreams. Jim has participated in such prestigious events
as The Million Dollar Round Table, numerous speaker showcases, and is the authorof “The Rookie.”
Jim’s story has provided a platform to give back, inspire and encourage peopleof all backgrounds and ages to pursue their dreams and never give up!
IN THE NEWS
Space is limited!To register for these events,please go to:www.siorlosangeles.com
THE ADVISIOR SUMMER | 2017
Data Drives EverythingOn May 4, 2017, approximately 75members and sponsors gathered forthe Annual Spring Dinner and Fore-cast, sponsored by Prologis. Held atSpear Steakhouse, the evening fea-tured guest speakers Chris Caton(SVP, Research at Prologis), GregHealy (Head of Supply Chain Con-sulting at Colliers International) andMike Racine (VP at Hackman Capital).E-commerce and last mile delivery,development trends and general
economic trends were the main points of discussion. “I think it was a very engagingdiscussion,” Chapter Vice President Aleks Trifunovic, SIOR shared. “Everyone walkedaway learning something, whether it was Greg’s views on how we need to look atspace not by square feet, but by cubic feet, or Chris saying the stock market andthe bond market are giving us two very different messages right now.”
Recent Completed Transactions$7,100,000 Lease141,000 SF Industrial Rancho Dominguez, CALandlord: First IndustrialTenant: CH Robinson
Barry Hill, SIORJLL
$2,779,206 Lease75,899 SF IndustrialOxnard, CALandlord: PrudentialTenant: Cool Pak
John DeGrinis, SIORPatrick DuRoss, SIORJeff Abraham, SIORColliers International
$22,000,000 Lease47,336 SF Office Culver City, CALandlord: private ownerTenant: Regus Spaces
Aleks Trifunovic, SIORTibor Lody, SIORLee & Associates
$12,226,562 Lease388,130 SF IndustrialFontana, CALandlord: PrologisTenant: iLad
David Prior, SIORFrank Schulz, SIORTodd Taugner, SIORThe Klabin Company
$6,900,000 Sale52,000 SF Industrial Vernon, CASeller: Alpine InvestmentsBuyer: confidential
Jack Whalen, SIORKidder Mathews
$35,500,000 Lease143,436 SF Industrial Inglewood, CALandlord: PanattoniTenant: International Logistics
Company
Jeff Kernochan, SIORAndrew MagerFischer
$ Confidential Sale106,455 SF Industrial Fontana, CASeller: Sharplink Company LLCBuyer: First Industrial
Dan Weil, SIORColliers International
$11,670,150 Lease220,000 SF Industrial La Mirada, CA
Landlord: PrologisTenant: Daiso
Chris Sheehan, SIORColliers International
$4,018,000 Lease13,446 SF Office Glendale, CALandlord: KW Fund V BrandTenant: Beyond ai
Scott Martin, SIORNAI Capital
$ Confidential Sale93,000 SF Lancaster, CASeller: Storage Express, LLCBuyer: Life Storage
John Battle, SIORLee & Associates
SIOR NIGHTOCT | 12 | 2017 - 5:30pm - 8:30pm
Jonathon Club Rooftop, 545 S. Figueroa Street, Los Angeles, CA
GREATER LOS ANGELESCHAPTER
GREATER LOS ANGELESCHAPTER
www.siorlosangeles.com
Advisiorthe
ISSUE 2 | | 2017www.siorlosangeles.com#SIORGLA
BOARD OF DIRECTORS
PRESIDENTJohn R. DeGrinis, SIOR
VICE PRESIDENTAleks Trifunovic, SIOR
2ND VICE PRESIDENTJon R. Reno, SIOR
SECRETARY/TREASURERJack Whalen, SIOR
SERGEANT AT ARMSRob Antrobius
MEMBERSHIP RECRUITMENTBarry Hill, SIOR
BOARD OF DIRECTORSAdam Deierling, SIOR
Chris Sheehan, SIORPeter A. Drake
Steve Bellitti, SIORJeffrey S. Kernochan, SIOR
Eric RuehleRyan McClean
PAST PRESIDENT/MEMBERSHIP RETENTIONFrank J.H. Schulz, SIOR
ADVISORY COUNCILDavid A. Prior, SIOR
Robert G. Thornburgh, SIOR
EMERITUSBen Reiling, SIOR
CHAPTER ADMINISTRATORKate Borden
Dear Friends,
With this being one of my last messages to you asChapter President, I wanted to take a moment toremind you about our social media presence. I am thefirst to admit, this is not an area I know much about,but I am slowly learning and am trying to embrace itas an imperative marketing tool.
About a year ago, SIORGLA launched our socialmedia presence with a Twitter account and Facebookprofile. Both have been growing steadily, but yourparticipation is imperative to their success. The moreour members and sponsors follow us in social media,the broader our reach. This effort can only succeedwith your help and your involvement.
Please take a moment to log in to Twitter and/or Facebook, and follow us. We can befound at: twitter.com/SIORGLA and facebook.com/SIORGLA.
In the upcoming months, we will try to schedule a webinar for those of us who are new tosocial media to learn how we can contribute and help the Chapter’s online presence grow.
Sincerely,
John R. DeGrinis, SIORChapter President
A Special Thanks to our Chapter Sponsors
Bank of America - Merrill LynchBFC FundingBridge Development PartnersCarson CompaniesCenterPoint Properties TrustCommerce Escrow CompanyCrow Holdings IndustrialDCT IndustrialDedeaux Properties, LLCFirst American Exchange Co.First Industrial Realty TrustIndustrial Property Trust
John G. Cataldo, Architect Inc.Kearny Real Estate CompanyLBA RealtyMar Ventures, Inc.Oltmans Construction CompanyOverton Moore PropertiesPacific Industrial, LLCPenwood Real EstateInvestment ManagementProficiency Capital LLCPrologisRexford Industrial, LLC
Shea PropertiesSitex GroupTejon Ranch CompanyTerreno Realty Corp.The Rockefeller GroupTMC FinancingTrammell Crow CompanyWatson Land CompanyWestcore Industrial Properties, LLCWonderful Real Estate Development
SOCIETY OF INDUSTRIAL AND OFFICE REALTORS®
PO Box 659 | Torrance, CA 90508P 818.905.5800 | F 818.325.4000 | E [email protected]
Questions about SIOR, becominga Member or Corporate Sponsor?Please contact our Chapter directly:
The Greater Los Angeles Chapter is accepting applications for its 2017 Corporate Sponsor and Friends of SIOR Program.If you are interested in joining this first class group of companies in their support of SIOR, please contact the
Chapter directly at: [email protected]
2017 SIOR BEACH OLYMPICSAUG | 17 | 2017 - 2:00pm - 5:00pm
SIOR NIGHTOCT | 12 | 2017 - 5:30pm - 8:30pm
FALL WORLD CONFERENCECHICAGO, ILOCT | 26-28 | 2017
HOLIDAY PARTYDEC | TBD | 2017 - 12:00pm - 2:00pm
2017 SIOR Remaining Calendar of Events
In Memory – Jack R. Karp, SIORBorn in 1938, Jack Russell Karp started his career in commercial real estate in 1962, andfounded National Properties Group, a full-service brokerage company, in 1974. He soldor acquired millions of square feet of industrial and office properties on behalf of hisclients, focusing in the South Bay. His expertise ranged from sale leasebacks, locationstudies, facility acquisitions, and development and marketing of an industrial park acrossthe country. In addition to service to his community, Jack served as Past President ofAIR, a neutral for the American Arbitration Association, and earned the SIOR Designation
in 1967. In spite of all his professional accomplishments, Jack’s greatest pride was his family. He is survivedby wife Lois, sons Timothy (wife Kim) and Adam (wife Cathy), and grandchildren Meggie, Ethan and Lucy.
Preceding is a preliminary schedule. Please view our Chapter website at: www.siorlosangeles.com for the most up to date schedule of events, times and locations.