Annual Meeting Celebrates BOMA Members, Leaders and Accomplishments
The October 17 Annual Meeting and membership luncheon was an occasion to “celebrate our BOMA community, recognize our valued corporate and event sponsors and reflect on our accomplishments over the past year,” said John Bryant, BOMA SF CEO.
Robert Dawes with Platinum Sponsor ABM spoke of his company’s support and recognized team members who are active in BOMA.
Outgoing President Amber Brown shared some key highlights from the past year noted below.
New Committees
Enrich BOMA
Two new committees — the Membership Committee and the Scholarship and Philanthropy Committee — were formed. Both are expanding and enriching our BOMA community.
Advocacy Success
Advocacy and government affairs successes and efforts have never been stronger. BOMA staff are diligently navigating new regulatory mandates and working to ensure that commercial real estate interested are represented.
(Continued on page 6)
With Cortney Shadel
Newly Elected BOMA SF President and Senior General Manager, Transwestern
Q
– Congratulations on being elected President of BOMA San Francisco at the association’s annual meeting in October.
As you envision your new role, what are some initiatives and areas that you plan to emphasize during your presidency?
A – During my presidency, I will continue to prioritize BOMA’s initiatives aimed at facilitating a return to work and revitalizing downtown San Francisco. While remote work offers certain advantages, it often diminishes essential human connection and collaboration, which can adversely affect our mental health and sense of community. Additionally, I aim to make our association more inclusive and welcoming for both existing and prospective members. My goal is to demystify the association and create a more inviting atmosphere for all. Having personally faced challenges in networking in a room of respected colleagues, I understand the intimidation that can arise, and I am committed to ensuring that everyone feels valued and welcomed.
Q
A
– Please describe your responsibilities at Transwestern.
– As Senior General Manager, I lead the management of approximately 2 million square feet of premier life science assets for Phase 3 Real Estate Partners in San Francisco’s north peninsula market. I am directly responsible for overseeing 1 million square feet of this portfolio for the owner/developer, and I play a pivotal role onsite at their flagship development, GENESIS Marina, strategically located along the Bay at the entrance to San Francisco on Highway 101. In my position, I oversee all facets of financial reporting, operations, and maintenance, while also collaborating closely with the owner’s development team to provide strategic insights on optimal systems and practices for office-to-life science conversions and new developments. My role in these initiatives is key to driving our portfolio’s success and growth in a competitive market.
Q – You have co-chaired the local TOBY (The Outstanding Building of the Year) Awards competition, during which time several buildings have gone on to win TOBYs at the International level. What characteristics make San Francisco teams excel among their peers?
A – Since joining the Bay Area TOBY Committee in 2014, I have witnessed some of the most impressive assets and teams in the region. The recent success of San Francisco buildings at the international
(Continued on page 20)
Thanks to Our 2024 Corporate Sponsors
Platinum Sponsor
ABM
Gold Sponsors
Allied Universal BXP
Clune Construction
Kastle Systems
ProGuard Security Services Recology
Skyline Construction
Vornado Realty Trust
Silver Sponsors
Bay Area Stone
CBRE
Hudson Pacific Properties
Metro Services Group
Rubicon Point Partners LLC
Seagate Properties, Inc.
Service by Medallion
Teamwrkx Construction
Township Building Services, Inc. UG2
Vanbarton Group
Bronze Sponsors
Buchalter
CBF Electric
Come Clean Maintenance
Cordia San Francisco
EMCOR Services Mesa Energy
Field Construction
HCI Systems Inc. JLL
LAZ Parking
McNevin – Bay Area Cleaning Specialists
Metropolitan Electrical Construction Inc.
San Francisco Electrical Contractors Association
Securitas Security Services, USA, Inc.
Shorenstein Realty Services
The Swig Company
Friends of BOMA
Alliance Roofing Company Inc.
Garratt-Callahan
Kilroy Realty
McMillan Electric | MNetworks
Rossi Builders
The Lawson Roofing Co. Inc.
Young Electric + Communications
For sponsorship opportunities, please contact Tory Brubaker at toryb@BOMA.com
Executive Committee 2024-2025
BOMA Annual Meeting Highlights
Downtown Revitalization
(Continued from page 1)
“One of the top priorities of my presidency was to partner with the City and other business interests to support downtown revitalization,” said Brown. BOMA is working diligently with groups like the Downtown SF Partnership to help make downtown more vibrant.
Community Building
We continued to create meaningful opportunities to come together with social events, making the most of every chance to connect, network and celebrate our industry.
Bryant followed with a recap of BOMA’s core values: networking, advocacy and education. On the advocacy front, he observed that “people go after the big fish to pay for programs. That’s the reality of our industry.” Advocacy efforts are followed and supported at the local, state and federal levels. As a BOMA member, you are also a member of BOMA California and BOMA International.
He also noted that BOMA SF membership is at a high watermark, with 250 buildings as members and 165 associate members. Engagement is robust: at a recent open house 50 members signed up to serve on committees.
BOMA Vice President of Operations Tory Brubaker reported on the growth and success of the CREATE program, which prepares job-ready CRE employees. She also noted that in this year’s TOBY Awards, 15 buildings competed in the local competition, and Post Montgomery Center won at the International level.
Executive Leadership Team for 2024-2025
October marks the beginning of a new year for BOMA. A part of the annual meeting is the election of officers. Principal members elected the following leaders: Cortney Shadel, President; Kari Aycock, PresidentElect; and Anne Hill, Treasurer. Amber Brown will be a part of the Executive Committee as Immediate Past President. (See their photos to the left.)
In addition, the Leadership and Nominating Committee, chaired by Colin Shinners, Prado Group, made recommendations for an open board seat. This process was very challenging due to the exceptional quality of candidates. Ebony Horace, Cushman & Wakefield, was confirmed as the newest board member. In addition, Wes Powell, JLL, was re-elected as a board member for a second term. He previously served as BOMA SF President (2016-2017) and on the BOMASF-PAC board. (See their photos to the right.)
Celebrating Award Winners
Excitement built as the 2024 Members of the Year Award winners and other honorees were about to be announced. “I have had a few honors over the past year as President, but announcing this year’s award winners is right at the top of the list. These award winners exemplify service, dedication, leadership and a commitment to BOMA and the industry,” said Brown. Congratulations to all! Read more about these deserving award winners on the next page. n
Congratulations 2024 Award Winners!
Principal Member of the Year
MEGHA RAJPUT
Cushman & Wakefield
As Chair of BOMA’s Membership Committee, Megha Rajput develops strategies to recruit new members and enjoys welcoming new and current members to events. Her dedication has made a significant impact on BOMA. Commercial real estate is Megha’s second career, following her previous experience as a practicing attorney. “The educational classes I took through BOMA were essential in getting me expertise quickly in a new field. BOMA offered me a fun way to meet and learn from industry leaders,” she says. As General Manager for Cushman & Wakefield, she works with Foundry Square III in San Francisco and Pacific Commons Logistics Center in Fremont.
Engineer Member of the Year ALICE SMITH, ABM
Chief Engineer Alice Smith with ABM is an integral part of the team at 350 Bush Street. She brings more than 33 years of experience as a Stationary Engineer and was named Local 39 Apprentice of the Year in 1995. She shares her knowledge by serving as a TOBY judge and was part of a Regional TOBY-winning team at 201 Spear Street. She is deeply committed to mentoring the next generation of engineers and supports women in the trades through various nonprofits.
Associate Member of the Year
MATT MONTANEZ UG2
Matt Montanez, Associate Member of the Year, has dedicated countless hours volunteering for BOMA, significantly enhancing our community through his leadership. As Chair of the Education and Events Committee, he orchestrates impactful programs and makes everyone feel welcome and involved. He previously led the Emerging Professionals Committee, where he played a crucial role in mentoring future leaders. He also has taught the Foundations course and served as a mentor, inspiring others to grow in their careers. Matt truly embodies the spirit of BOMA, making a lasting impact on our community and deserving this prestigious recognition.
President’s Award MEGAN REINING, Kilroy Realty
The President’s Award is given by the outgoing board President to someone who has made a positive impact on the BOMA community. Recipient Megan Reining has shown outstanding leadership, particularly in taking over the TOBY program. This year, we saw a record-breaking participation with 15 entries. “TOBY has really enhanced my appreciation of our beautiful City and all of the hard work my colleagues do to maintain these beautiful buildings,” she says.
Rising Star Award RACHEL GEORGE, JLL
Rising Star Award winner Rachel George has made significant contributions to BOMA’s Emerging Professionals Committee. She is an active member of both the Networking/Socials and Community Outreach subcommittees, helping organize successful events such as the EP Kickoff Mixer and the Boat Bash. “This was my first leadership role in EP,” she remarked. “It gave me the confidence to continue to grow professionally.”
BOMA Successfully Backs New Moderate Majority and Tax Reform
by David Harrison, BOMA SF Associate Director, Advocacy
In December 2022
a group of BOMA San Francisco leaders with positions on BOMA’s Board of Directors, PAC Board, and Government Affairs Committee sat down to chart a political path forward for the commercial real estate industry. Working with partners across the business community and various community advocacy groups, the group defined three major goals for 2024: 1) Ensure the election of a moderately aligned mayor, 2) Win back moderate control of the Board of Supervisors, and 3) Support the effort to reform the City’s gross receipts tax structure in order to limit the City’s exposure to losing more large corporate tenants and grow its ability to recruit new ones.
Nearly two years later, with the 2024 election cycle finally complete, we are proud to say that we have
THE LAW OF THE LAND IN THE BAY AREA
achieved these goals. The group of BOMA leaders met with nearly two dozen potential candidates, vetting them for their policy knowledge and willingness to build consensus on addressing the City’s challenges. BOMA SF’s Government Affairs Committee prepared primers on key issues to educate new elected officials on key real estate priorities. BOMA SF’s PAC Board was able to raise more than $250,000 this last cycle to impact key races and ballot measures.
The hard work won’t stop there. In fact, it’s just getting started. Mayor-Elect Daniel Lurie defeated the likes of Mayor Breed, Board President Aaron Peskin, and former Interim Mayor Mark Farrell by underscoring his status as a City Hall outsider. His independence from special interests and new attention to routing out corruption and making government more effective should be celebrated. However, his lack of history inside of City Hall means that he’ll need strong support from community activists in wrapping his head around the City’s most confounding policy issues.
By flipping two seats — Danny Sauter in District 3 and Bilal Mahmood in District 5 — the moderates now have a majority on the Board of Supervisors for the first time in a decade. Their majority, however, is just one seat and leaves no room for error. The passage of tax reform is tremendously good news for the City’s business community, but it’s just the first step in a series of reforms and public relations blitzes that will need to be undertaken to signal that the City is once again committed to supporting businesses big and small.
In short — we’ve got our work cut out for us. This work becomes all the more imperative in the face of an electorate that’s signaled immense frustration with America’s cities, voicing discontent on our ability to address crime and safety, the dual crises of mental health and drug addiction, housing and homelessness, and the overall feeling that the quality of public services do not meet its cost. San Francisco, with its natural beauty, impeccable ability for re-invention and status as the innovation capital of the world will
Election Success
(Continued from page 8)
inevitably recover. But our job is to be a part of that comeback and show that the San Francisco experiment can work.
In the coming weeks, BOMA will work with business community partners to outline priorities on the City’s downtown recovery, support for the commercial real estate industry, and the collective vision for the San Francisco of the future. I look forward to collaborating with our membership on this critical mission. Thank you for your support of our advocacy efforts and making this wind of change possible.
Contact David Harrison at davidh@boma.com to learn more about BOMA’s government affairs efforts. n
BOMA CAL Ballot Proposition Update
Although California’s election results are still being finalized, BOMA California is pleased to report that every measure BOMA California took a position on has either resulted in our favor or is currently on track to do so. Below is a list of each measure BOMA California took a position on and where it stood in mid-November with 81% of the vote counted.
Retail Theft | Proposition 36, a measure designed to make communities safer by increasing penalties for certain theft and drug crimes. Passed with 69% of the vote.
Rent Control | Industry opposed Proposition 33 which would have repealed the Costa-Hawkins Rental Housing Act that generally prohibits cities and counties from imposing rent limits on properties occupied after February 1, 1995. The measure was rejected by nearly 61% of voters.
Vote Thresholds | Industry opposed Proposition 5, which would have lowered voting thresholds to 55% for certain bonds, was rejected by over 55% of voters.
School Bond | Industry supported Proposition 2, which authorizes bonds for school facilities. It passed with over 58% approval.
Minimum Wage | Industry opposed Proposition 32, the minimum wage increase to $18/hour, is currently being rejected by 51% of voters, though it’s too early to call.
Healthcare Foundation Spending | Industry supported Proposition 34, which restricts political spending by certain health care entities, is currently leading with nearly 51% of the vote.
Annual Event Celebrates CREATE’s Success
Donors
Keep Program Free to Students
Commercial real estate professionals, industry partners, instructors, donors, alumni and current students gathered on September 26 to celebrate CREATE and hear about its successes. The theme — CREATE Works! Learn What It Can Do for You! — captured the essence of the program that prepares students for commercial real estate careers.
“Commercial Real Estate Alliance for Tomorrow’s Employees (CREATE) aims to attract bright people who will shape the future of our industry,” said CREATE Director Tory Brubaker. “CREATE works. It impacts students’ lives. It educates them about the commercial real estate industry and the numerous career pathways available to them. And in doing so, CREATE delivers diverse, career-ready candidates to employers in the local commercial real estate industry.”
resources — and this program is free to students. Donor contributions fund the curriculum, our relationship with SF State and its marketing/outreach to students, additional resources offered by alliance partners, and a stipend for local industry instructors. All this results in bringing careerready entry-level professionals to employers.”
Alums Share Their Stories
Hope Dang, Kanwar Waraich, Vanessa Mondragon and Bethel Tassu, four CREATE Fellows alums from the 2023-2024 cohort, shared their stories about how the program impacted their career paths and provided them employment opportunities. Collectively, their stories embody the mission of CREATE — to educate a diverse workforce and through its resources help them build a professional network to connect them with employers. Some highlights:
Brubaker thanked the forward-thinking real estate associations that comprise CREATE: BOMA San Francisco, BOMA Oakland/East Bay, NAIOP San Francisco and IREM San Francisco for their contributions to the effort.
CREATE Chair Tawni Sullivan shared that over the past 12 years CREATE has educated more than 450 students at SF State and Merritt College, and many students were hired into the industry upon graduation.
“We know that local CRE employers are constantly looking for fresh entry-level talent,” Sullivan said. “CREATE educates students and provides career
“I consider myself blessed to be a part of this FREE program. Thank you to the donors whose support keeps this program free. Starting with the instructors who gave real-life experience in the classroom curriculum. The Mentor Match program and my mentor Anne Hill with Lincoln Property Company provided the additional support of an industry professional, helped grow my network, and provided me with an up close and personal view of what a day in this professional is like.”
— Hope Dang, Spring 2024 CREATE Fellows graduate, will graduate with a degree in business in Spring 2025
(Continued on the next page)
Experience Unmatched Facility Care with an Award-Winning Team
Facility Services & Temp Staffing
Janitorial Services & Cleaning Technology
Janitorial, Maintenance, Repair & Ops Supplies
Consulting & Project Management
Construction Cleanup
Building Repairs
| servicebymedallion.com
CREATE (Continued from page 10)
“The knowledge shared by the instructors who are industry experts is truly amazing. I’m very interested in asset management, thank you to instructor Colin Shinners with The Prado Group. The networking and associated resources offered through this program are outstanding.”
— Kanwar Waraich, Spring 2024 CREATE Fellows graduate, will graduate with a double major in Finance and Decision Sciences in December 2024
“Being a first-generation college student means I don’t have a network I can tap into to explore a variety of careers. I needed to learn how to build a business network, learn how to talk to people in industry, and build both outreach skills and networking skills. CREATE provided me with that foundation and gave me a supportive environment to explore and expand my skillset.”
was looking for a career path with more upward growth. As an alum, I became aware of CREATE Fellows and was happy to be selected to participate in the program. Through Mentor Match I had the pleasure of meeting Anne Hill with Lincoln Property Company. She introduced me to the company, which led to my position.
I began my career in commercial real estate last month as Property Administrator with LPC.”
— Bethel Tassu, BA in Business Admin 2017, International Business, enrolled as an alum after retail career
Donate to Keep CREATE Free
— Vanessa Mondragon, CREATE Fellows 2024 graduate, will graduate with a degree in Business Administration in Spring 2025
“I graduated from SF State in 2017 with a BA in Business Administration and International Business. I worked in retail during school and since graduation and
CREATE depends on donations to remain a sustainable workforce development tool. To make your 2024 donation, visit www. createworkforce.org/donate or scan the QR code. Contact Tory Brubaker at info@createworkforce.org for more information.
BOMA SF 2025 INDUSTRY PARTNER PROGRAM
Introducing the BOMA San Francisco Industry Partner Program, formerly known as the Corporate Sponsorship program. “This rebranding more accurately describes the impact our partners have on BOMA’s ability to provide uninterrupted advocacy, timely and relevant information/ resources, educational offerings and opportunities to connect with members,” says BOMA Vice President of Operations Tory Brubaker.
Increase your company’s visibility with BOMA members with this exceptional marketing opportunity! Program benefits will give you access to key decision-makers in commercial real estate. Visit our website (https://bomasf. org/sponsorship/corporate-sponsorship-program) to view the 2025 Industry Partner package and complete the enrollment form to secure your position. Contact Tory Brubaker at toryb@boma.com or 415-827-5056 with questions. Deadline is 1/10/25.
Folger Building’s History Echoes City’s Resilience and Love of Coffee
San Francisco’s long love affair with coffee dates back to its earliest days, and the J.A. Folger & Company reigned as the City’s oldest family-owned importer of coffee from its building at 101 Howard Street which served as office space, processing plant and warehouse.
Built in 1905 and designed by architect Henry Schulze, the Renaissance Revival-style Folger Coffee Company Building is listed on the National Register of Historic Places. Described in its register designation, it is “unusual and noteworthy in that the building survived the major San Francisco earthquakes in 1906 and 1989. One reason for this is that it was constructed on wooden pilings that were driven into the San Francisco Bay fill to a depth of about forty feet, with a steam driven pile driver.”
The steel frame building suffered only minor damage in both earthquakes.
Adding to its history, during the City’s 1915 Panama Pacific Exposition, Folger introduced Central American coffee beans to San Francisco and opened offices in Mexico and El Salvador.
The Folger Company remained in the building until it was purchased by
Proctor & Gamble in 1963.
In 2011 the University of San Francisco purchased the building, marking a return to the university’s historic downtown roots. The university houses its school of management and sports management programs in the stately building, which maintains its original design and many features.
Today the Folger Building is expertly managed by CBRE. “We are delighted to show visitors some of the historic elements in the elegant lobby and other areas,” says Real Estate Manager Matthew Frankel, who is an active member of BOMA San Francisco’s historic buildings section of the C&R Committee. He notes the carefully preserved facade and an old safe from the building’s early days.
Frankel works closely with the university’s facility manager, security staff and a mobile engineer with ABM. “Our team is proud to manage this property that has been a part of the City’s story for over a century,” he adds.
Interested in BOMA’s C&R Committee and its historic buildings activities? Contact Riley Wilhite at riley. wilhite@cbre.com.
Members
changes • promotions • awards on the Move
J.J. Amdjadi was recently appointed Vice President of Business Development at PalAmerican Security. In this key leadership role, he will oversee and drive sales growth across the continental United States, leading efforts to expand PalAmerican’s already sterling market presence and to forge strong partnerships with clients, both regional and national. He brings with him a proven track record of success in security operations and business development, having contributed to the operational efficiency and growth of several security companies over the past 15 years.
Steve Evans recently joined the ProGuard Security Services team as an Account Manager at Pier 70, a historical part of San Francisco where Brookfield Properties is transforming empty parking lots and under-utilized warehouses into a vibrant pedestrian experience with new
public open spaces, housing, offices, retail and restored historic buildings. Steve brings over 30 years of managerial experience to the team, providing excellent security services and solutions to his clients. He is also a proud veteran of the U.S. Navy and is honored to be a member of the BOMA SF DEI Committee.
Somia Shaikh has joined Cushman & Wakefield as the Property Manager of 201 Spear Street in San Francisco. Somia started her real estate career in residential property management overseeing apartment buildings before transitioning to commercial property management eight years ago. Before joining Cushman & Wakefield, she was a property manager at Transwestern for three years and oversaw a portfolio of multiple office buildings in the Financial District. A native of San Francisco, Somia graduated with a business degree from SFSU and is in the process of completing her RPA designation.
Annabella Booth has a new role as Project Manager with ABM Industries, where she will be managing key accounts and continuing a family legacy of excellence. As a third-generation ABM employee, she follows in the footsteps of her grandfather, Charlie Booth Sr., who served as Sr. VP of Engineering for over 33 years, and her father, Charlie Booth Jr., a Chief Engineer with over 16 years at ABM. In her new role, she will lead teams, manage processes and oversee programs that ensure operational excellence in complex environments. A major focus will be cultivating strong client relationships while effectively planning and communicating daily priorities. Annabella is an active member of BOMA SF’s Emerging Professionals and Education & Events Committees.
(Continued on the next page)
Members on the Move
(Continued from previous page)
Glenn Good of the Glenn Good Group was named Board Chair of the Downtown San Francisco Partnership organization at its State of Downtown SF & Achievement Awards event at The Conservatory at One Sansome on October 22. He succeeded Shorenstein Realty General Manager Bill Whitfield a former president of BOMA SF. The annual celebration was a chance to connect, celebrate and get up to speed on everything happening downtown. Glenn was also elected President of BOMA California, the state’s leading organization for commercial real estate. As a federation of all eight local BOMA associations, BOMA California serves as the collective membership’s legislative and regulatory advocate.
TH E B AY A R E A’S P
REMIE
R BUILDIN G M A I N T E N A NC E C OM PA N Y SI N C E 1978
Maintaining your property year round is a top priority at Capital.
Capital is a small business with a long tradition of providing quality results for our customers in San Francisco, San Mateo, Santa Clara, Alameda, Contra Costa and Marin counties.
We have over 35 years of experience working in a wide array of markets for both property managers and general contractors.
★WINDOW WASHING
★ROUGH & FINAL CLEANING SERVICES
★PRESSURE WASHING
★SOL AR PANEL CLEANING
★CARPET CLEANING
★EPOXY FLOORING
★CONCRETE POLISHING
★METAL, STONE & WOOD REFINISHING
Let’s Glow SF Features BOMA Buildings
Don’t miss Downtown San Francisco Partnership’s upcoming Let’s Glow SF, the country’s largest holiday projection event. This free outdoor holiday event has expanded this year to include seven iconic buildings featuring large-scale animated light installations and an art installation at the East Cut Crossing. Participating BOMA member buildings include: 101 California, the Ferry Building, One Bush (Plaza), the Pacific Stock Exchange Building (301 Pine) and Salesforce Tower. Let’s Glow SF will run from December 6-15 with nightly shows from 5:30 until 10 PM, and will include Glow on Front: A Neon Block Party, an all-ages block party on Front Street, the State’s first entertainment zone, on December 13. Learn more about at downtownsf.com.
Members on the Move
(Continued from page 15)
Announcing MODA Elevator! When Unique Elevator Interiors suddenly closed its doors in March of this year, three former UEI employees — Ben Sousa, Andy Baird and Brian Davis —saw an opportunity to fill a hole in the local elevator Interior market. In June they opened MODA Elevator and, with a combined 50+ years of experience, are excited to be back supporting the local CRE market’s elevator interior needs. MODA Elevator designs, fabricates and installs all types of elevator interiors. They look forward to working again with many of the BOMA members who have upcoming elevator interior projects. Shown left to right: Brian Davis, Ben Sousa and Andy Baird.
Multicultural Events Celebrate Diversity
“Our DEI initiatives this year have shown us the power of inclusivity and the value of diverse perspectives. Each event, conversation, and connection we’ve made reinforce our commitment to fostering a welcoming community,” says DEI Committee Co-Chair Ebony Horace. “As we look forward to next year, I am proud of the progress we’ve made and excited for what’s to come.” Some highlights from Q4:
BOMA Eats World Event
In October the DEI Committee collaborated with the Emerging Professionals Committee to host this fun-filled event. (See photo on the next page.) Attendees enjoyed a variety of cultural cuisines, music and attire, celebrating diversity in our community. The event brought members together in a vibrant exchange of cultural traditions.
“It was a fantastic evening where I not only reconnected with my BOMA friends but also enjoyed food, drinks and cultural celebrations from around the world,” said Maurice Calles with Ideal Restoration. “Some members dressed in their traditional attire, which made it easy to strike up conversations and learn more about the diverse cultures of our fellow BOMA members.”
Donning exquisite outfits from their Pakistani heritage, Sarmad Naqvi with Woodruff Sawyer and his wife Tehmina claimed the bestdressed prize at the event.
Candid Conversation on Holidays and Workplace Inclusivity
Our last conversation of the year in November addressed the importance of recognizing multicul-
tural holidays in the workplace.
The discussion emphasized how acknowledging these holidays contributes to a more inclusive environment and helps all team members feel valued and understood.
Tools and Resources for DEI
To complement these initiatives, we offer a robust collection of DEI tools and resources on the BOMA SF website. The collection includes articles, webinars, training sessions and toolkits designed to support individuals and organizations in deepening their understanding of diversity, equity, inclusion and belonging. We encourage everyone to explore these resources and continue building inclusive spaces both in and out of the workplace.
Looking Ahead
Thanks to everyone who contributed to this year’s success! Our members’ commitment made this an incredible year, and committee leaders are eager to keep expanding our impact within the BOMA community and beyond.
“As we reflect on our 2024 achievements, we look forward to carrying this momentum into 2025, hosting 2.0 versions of events and conversations,” says Committee Co-Chair Danielle Katches. “I’m excited that Sarmad Naqvi will join me in co-chairing the committee next year. Special thanks to Angela Arnett and Ebony Horace, our outgoing committee co-chairs. Well wishes to Ebony as she takes her seat on the BOMA board.”
To learn more about the committee, contact Danielle Katches at danielle@McNevinCleaning.com.
Strong Finish for Emerging Professionals
“The Emerging Professionals had a strong finish for the year,” said Committee Chair Brandon Lee, JLL. “On top of partnering with the DEI Committee for the first-ever BOMA Eats World, we also held our annual Real Estate Talk on the topic of communications skills.”
“It was thrilling to kick off the BOMA Eats World
event and to interact with so many of our members who shared experiences from their heritage,” Lee said.
At the Real Estate Talk, industry veterans Tom and Nancy Gille presented a program titled “The Hard Work of Soft Skills: Communication, Feedback, Accountability & Managing Up.” Attendees learned more about mastering soft skills that are essential to professional success. Feedback — whether giving or receiving — is a crucial part of effective communication. Done poorly, it’s like leading without direction. Done well, it fosters growth and alignment.
“We were fortunate to learn some effective strategies,” added Lee. “We came away with valuable advice about how to communicate with our supervisors, anticipate their needs and build stronger relationships.”
Also this fall, committee members had an exclusive opportunity to tour the recently renovated Transamerica Pyramid Center and see some of the innovative features at the property. Thanks to General Manager Chris Walter of JLL and the SHVO team for hosting us at this iconic building.
“I’m so proud of all that our committee accomplished this year. We recruited many new members, held interesting programs and increased our volunteering opportunities,” Lee said. “I’d like to thank every single EP member, sponsor, BOMA staff member and my vice chair Kendra Horsfield, UG2. I’m looking forward to an even brighter 2025!”
Horsfield will chair the committee next year, and Rachel George, JLL, will serve as vice chair. To learn more about the committee, visit the BOMA website and look for news about events in the BOMA Weekly.
President’s Q&A (Continued from page 2)
level reflects their dedication to both their properties and the TOBY competition. Each team has embraced constructive feedback from local and regional judges, using it to enhance their submissions. Contrary to the misconception that TOBY is merely a beauty contest, it truly represents an achievement in operational excellence across all aspects of building management and maintenance. The buildings that reached international recognition have done so thanks to strong teams committed to investing the time and effort necessary to excel in the global arena.
Q – What other BOMA SF committees or activities have been meaningful for you?
A – The Education Committee has always held significant meaning for me. As a member and former chair across multiple local federations, this committee has provided a valuable platform for collaboration with my fellow members and engagement with various industry partners. It has offered me the opportunity to express my thoughts and share insights on topics that are relevant to our members. Personally, it has allowed me to leverage BOMA to deepen my understanding of issues that matter to me. Additionally, my experience as a TOBY judge and chair has been particularly impactful in expanding my professional network, enabling me to work closely with industry peers whom I
About BOMA VIEWS
Associate Publisher: Megan Kelly
Editor: Henry Eason
Managing Editor/Ad Director: Ellen Eason, Eason Communications LLC
Promote your solutions to BOMA members who buy or recommend services and products. Contact Ellen Eason at 415.596.9466 or ellen@easoncom.com for ad information.
©2024 BOMA San Francisco. The publisher assumes no liability for opinions expressed in editorial contributions to the publication or third-party quotations within articles. The publication is not responsible for claims in advertising. Printed in the U.S.A.
might not have otherwise met. I have especially enjoyed smaller gatherings, such as BOMA Java, Career Success Workshops, and PAC Trivia. These intimate settings foster deeper connections and stronger bonds, contrasting with larger signature events that often facilitate only brief interactions while still bringing our community together.
Q – How did your career evolve from earning your degree in interior design and housing to landing your first position in commercial real estate? What advice would you offer to emerging professionals as they build their CRE careers?
A – After earning my degree from San Francisco State University, I realized that interior design was not the career path I wanted to pursue. Shortly after graduation, I began temping in various roles. One of my first assignments involved covering the property administration desk at 1901 Harrison Street in Oakland. Although my lack of experience was evident, my strong work ethic and eagerness to learn impressed the team, leading to an offer for a full-time position as the executive assistant to the regional managing director. Six months later, I transitioned into the property administration role within the firm and have never looked back.
My advice to emerging professionals is to engage with a BOMA committee to expand their network and to uphold their commitments. By establishing a reputation for reliability and excellence, they can enhance their skills and visibility, distinguishing themselves from peers who are less involved.
Q – How do you enjoy spending your downtime?
A – Between raising two kids, working full-time, and juggling volunteer commitments with BOMA San Francisco, Pacific Southwest, International, and other industry organizations, my schedule is always packed. But what truly feeds my soul is spending time with friends, family, and colleagues — especially when it involves delicious food and sipping champagne! These moments not only strengthen our relationships, but also help me feel supported and connected to the amazing people around me. Once I retire or win the lottery, I might explore gardening or rediscover the joy of reading for pleasure.
Q – Is there anything else you would like to add?
A – I can honestly say that if anyone had asked me ten years ago whether I would be the BOMA San Francisco President today, I would have laughed out loud! Yet here I am, feeling a profound sense of belonging to an organization that has shaped my professional journey and fostered meaningful friendships. BOMA is more than just an organization to me; it’s a community filled with support, growth and shared passion. I love BOMA deeply, and I am committed to giving my all this year to ensure BOMA SF continues to thrive. n
The BOMA Codes and Historic Buildings Committee hosted its Annual Codes Webinar on November 12. The webinar represents the culmination of the work this year performed by the committee to get members access to the critical regulatory information they need for their buildings. Special thank you to committee chairs Nat Merris, Jim Albrecht and Riley Wilhite and sponsors CBF Electric, the San Francisco Electrical Contractors Association and Vanbarton Group.
Updates on Restroom Codes and Conversions
Tom Fessler of the San Francisco Department of Building Inspection presented on the new codes implemented as part of the July 1, 2024 California Building Standards Commissions new adoption. These updates include optional guidance for all-gender restrooms and guidance for adaptive re-use projects. The department is trying to provide enhanced guidance for conversions, providing a new information sheet (G-29) and a non-technical resource sheet. Fessler still anticipates that conversions will require several pre-application meetings due to the uniqueness of each building. All of these updates adapted by the California Building Standards Commission will be heard at the Board of Supervisors soon.
Earthquake
Resilience and Safety
Laurel Matthews of the City Administrator’s Office of Resilience and Capital Planning spoke about her work with the City’s Earthquake Safety Implementation Program. The program is a 30-year, 50-task strategy to improve seismic safety of buildings in San Francisco. It was developed out of a 10-year community action plan for seismic safety. More specifically, Matthews spoke on the Concrete Safety Building Program, which convened a task force to create a report on the two types of concrete buildings — non-ductile and tilt-up — most susceptible to damage in an earthquake. The task force developed nine key recommendations that were released in April 2024. Legislation is being drafted now that will eventually require building owners to complete a screening checklist of their concrete buildings for potential vulnerability. At the same time the City plans to publish voluntary seismic retrofit guidelines within the existing building codes. The City also received a grant from FEMA to produce a
BOMA’s Annual Codes Webinar Provided Key Regulatory Updates
financing guidance document with resources for building owners to leverage existing government and private sector programs for intensive capital improvements.
Decarbonization Efforts
Barry Hooper and Nik Kaestner of the San Francisco Department of Environment presented on building decarbonization efforts, detailing updates at the local, regional and state level. Most notably, building owners must comply with a requirement to purchase 100% renewable electricity while also preparing for the City’s 2035 goal of zero onsite natural gas usage in large commercial buildings. To achieve this goal, the City plans to implement a building performance standard, and the Bay Area Air Quality Management District has already approved a new rule that prohibits the replacement of carbon-emitting water heaters in commercial buildings with new natural gas equipment starting in 2031. Tom Arnold of Gridium joined in on the discussion to shed light on utility rates, underscoring how state energy policy is leading to significant rate increases due to grid hardening. Next year, owners should be prepared for an increase between 6.3% and 15% depending on CPUC judgments. Arnold also argued that owners should start preparing for capital planning as it relates to electrification now. “This is coming,” Arnold said. “It’s just a matter of which jurisdiction requires it first.”
Fire Code Changes Implemented
Kathy Harold and Sagiv Weiss-Ishai of the San Francisco Fire Department provided updates to the fire code that were implemented as part of the latest code cycle. They reminded members that any bike room that provides four or more spaces for charging must meet enhanced fire protection standards. They also reminded members of special sprinkler and smoke detector requirements for elevators, bathrooms and privacy pods. Finally, BOMA members should be aware of new requirements for a BIC Card that provides the SFFD key details about a building and an optional lock box where keys can be provided to the department in non-emergency situations. If you have any questions about this year’s webinar or would like to join the committee, please contact David Harrison at davidh@boma.com.
Scenes from the Annual Meeting
Safari-Themed Golf Classic
Golfers, sponsors and volunteers embarked on a wild adventure at BOMA’s 69th Annual Elmer Johnson Golf Classic in September. Everyone embraced the safari theme, and our generous food sponsors provided delicious refreshments. The journey ended with a sunset reception. Thanks to all who participated in this signature event!
BOMA San Francisco
233 Sansome Street, 8th Floor
San Francisco, CA 94104-2134
415.362.8567
www.bomasf.org
The Last Word
by BOMA SF CEO John Bryant
The National Election and Its Impact on CRE
The November election outcome, which was seen as a surprise by many, will have many far-reaching effects on the country, and especially on commercial real estate. While there is much speculation about the effects of nominated cabinet positions, the larger question for the industry is “what does a Trump Presidency mean for commercial real estate?” To shed light on that question, we must look at what happened during Trump’s first administration, as well as hints already offered during the campaign. For CRE professionals, understanding these potential shifts is crucial for navigating an unpredictable market landscape. Tax and Regulatory Changes
The most immediate impact of the election will likely come in the form of tax and regulatory policies. Arguably, one of the biggest benefits to commercial real estate during Trump’s first administration was the Tax Cuts and Jobs Act of 2017 or TCJA. The 2017 tax cuts were largely favorable to commercial real estate, including a corporate tax rate deduction, expanding bonus depreciation which allowed owners and developers to deduct the full cost of qualifying improvements (like non-structural elements such as roofs, HVAC systems, and plumbing), and 1031 like-kind exchanges, permitting owners to defer capital gains taxes on the sale of commercial property if the proceeds are reinvested in like-kind property.
Many of these provisions will expire at the end of 2025, and Trump has stated that he intends to work with Congress to make the tax cuts permanent. With a Republican majority in the House and Senate, it is probable that he will make good on his campaign promise, but he has yet to articulate how to pay for the permanent tax extension. Those unidentified revenues may have unanticipated impacts on commercial real estate and are a potential cause for concern. Other CRE priorities, including energy-efficiency incentives and tax provisions such as 179-D will likely not fare as well under this administration.
Interest Rates and Monetary Policy
The election outcome also has implications for the Federal Reserve’s stance on interest rates. If the Trump administration is focused on controlling inflation, it might support higher interest rates, which would make financing more expensive and potentially slow down commercial real estate transactions.
Additionally, the ability of the government to pass stimulus packages or infrastructure bills will affect economic growth and urban development. Large-scale projects, such as public transportation, roads, and energy infrastructure, can increase demand for commercial real estate in certain regions, particularly in burgeoning urban centers or areas undergoing revitalization. It remains unclear how this administration will handle infrastructure, especially considering how costly tax reform may become. The national election has a profound potential to shape the commercial real estate market, influencing everything from taxes and interest rates to the broader economic climate. CRE professionals must stay informed about the electoral outcome and any policy changes, as these factors will determine how they approach investment, development, and leasing in the months and years to come.