N O R T H E R N
N E V A D A
C E L EBRATES TEN YEARS
NAIOP Northern Nevada
building a strong future for commercial real estate Since 1967, NAIOP, the Commercial Real Estate Development Association, has become the leading organization for developers, owners and investors of office, industrial, retail and mixed-use real estate. The organization has more than 18,000 members nationwide. “The organization was created to protect the interests and the industry of commercial real estate, primarily focusing on the development side,” Randi Reed, executive director of NAIOP Northern Nevada, said. The NAIOP Northern Nevada chapter started in 2006 and this year mark’s the chapter’s 10-year anniversary. The chapter now has 96 members and has been recognized as the chapter with the largest membership increase for the past two years in a row, increasing by 55 percent each year. “Membership growth is double what any other chapter across the United States and Canada is doing,” Reed said. “For us, that is a huge milestone.” NAIOP works to advocate and advance the interests of developers and brokers by lobbying for legislation that supports the commercial real estate industry. The chapter’s membership benefits provide ample opportunity to meet with decision-makers and industry leaders, stay in the know with breaking industry news and legislation as well as establish connections and partnerships with fellow members. Membership options are designed to service a variety of corporate or individual needs. “The camaraderie within this industry, because we are in such a small community, is extremely tight knit,” Reed said.
Members of NAIOP Northern Nevada have great opportunities at the local level to enhance their business through educational programs, networking, and legislative affairs. The chapter hosts a variety of events throughout the year such as quarterly luncheons and social mixers, the annual NAIOP Bus Tour, the NAIOP Developers Forum, NAIOPOLY and the NAIOP/CREW golf Tournament. Members can also get involved at the national level by attending conferences for continuing education, participating in National Forums for professional development and working to advance legislative initiatives like real estate taxation issues on Capitol Hill. NAIOP Northern Nevada and NAIOP Southern Nevada collaborate to influence legislation in Nevada and give developers a voice. “We have these fantastic developers who really have a pulse on not only what is happening here in northern Nevada but on the West Coast and nation wide as well,” Reed said. NAIOP has member representatives from firms such as Panattoni, Dermody Properties, United Construction, Basin Street Properties, Ticor Title, Dickson Commercial Group, Avison Young, SVN Gold Dust Commercial Associates and many more. “These are the movers and shakers,” Reed said. “These are the people who are making the deals. These are the people who are building the buildings.” NAIOP Northern Nevada also has a long history of giving back to the community by supporting education and helping those less fortunate. Every year donations to local charities are made from a portion of the revenue generated from the annual NAIOP Bus Tour, the annual CREW/NAIOP Golf Tournament and the joint awards event for commercial real estate, the Summit Awards.
For more information about NAIOP Northern Nevada or to become a member, visit www.naiopnnv.com.
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10th anniversary celebration
Celebrating 10 years of NAIOP Northern Nevada The Northern Nevada Chapter of NAIOP celebrated its 10th Anniversary in style on Thursday, Sept. 15 at Greater Nevada Field, home of The Reno Aces baseball club and starting in 2017, the Reno 1868 Football Club.
When Randi Reed, the NAIOP Northern Nevada Chapter executive, was putting together the event she wanted a unique, one-of-a-kind experience for NAIOP’s 10th anniversary. She contacted Eric Edelstein, president of the Reno Aces and Reno 1868 The sold-out event drew 240 attendees, FC about hosting the event at the ballpark in culminating in a dinner and reception situ- downtown Reno. It was the first time such ated on the ballpark’s infield. The evening an event has been hosted at the venue. began with the area’s leading commercial “It is a big deal to have 10 years,” Reed said. real estate brokers, developers, contractors, dignitaries and many others mingling on the Chris Myers, accomplished sports broadcaster ballpark’s concourse next to the Reno Aces’ with Fox Sports and formerly with ESPN, Team Shop. served a keynote speaker at the celebration. Myers shared some of his varied experiences including interviewing Charles Barkley, Mike Tyson and even O.J. Simpson. He also drew laughs talking about his few encounters with movie star and noted Chicago Cubs fan Bill Murray.
In addition to the keynote speaker, NAIOP honored 10 leaders in the commercial real estate industry and presented a timeline looking back over the past 10 years in the industry. The commercial real estate honorees were: Scott Beggs (Basin Street Properties), Michael Dermody (Dermody Properties), Dave Howard (retired), Paul Kinne (Panattoni Development Co.), Marc Markwell (Sierra Nevada Construction),
Bill Miles (Miles Construction), Brandon Page (GLP U.S.), Doug Roberts (Panattoni Development Co.), Scott Shanks (Dickson Commercial Group), and Brad Woodring (First American Title). Playing off the baseball theme, the honorees all received baseball jerseys to commemorate the occasion. “Ten years ago the NAIOP Northern Nevada Chapter was started and we are celebrating that anniversary here tonight. This is an incredible organization,” Reed told the crowd at the end of the evening. A lavish fireworks display, much like those seen at Friday Night Aces’ home games, topped off the night. The successful event was made possible through the help and support of their major sponsors: NV Energy, Dermody Properties, United Construction, TICOR Title of Nevada, Inc., McGinley & Associates, Panattoni Development, Resource Management and Development, First American Title Co., Jensen Electric Co., Basin Street Properties, GLP and Tectonics Design Group.
2016 Board of Directors Officers Doug Roberts PRESIDENT
Elizabeth Teske
PRESIDENT ELECT
Paul Kinne
TREASURER
Andy Tourin SECRETARY
Directors
Andi Wilson Steve Kucera Mathias Hughes George Condon Elizabeth Fielder Math Duplantis Tomi Jo Lynch Matt Harris Cory Miller Doug Flowers Raymond Zavalla
Executive Director Randi Reed
Chris Myers, sports broadcaster with Fox Sports, served as the keynote speaker at the 10th anniversary celebration. 10th anniversary celebration
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Scott Beggs
Chief Financial Officer, Basin Street Properties As chief financial officer of Basin Street Properties, Scott Beggs overseas all accounting and financial functions of the company. He is responsible for financial management of the company’s extensive and varied portfolio of Class-A office, industrial, retail, mixed-use, residential, and hospitality properties throughout northern California and northern Nevada. Beggs was most recently president of SDB Consulting Inc. a firm founded to provide small and mid-sized commercial real estate investors with institutional quality investment and financial management services. Previously, Beggs was a partner at NAI Alliance, a leading Reno-based full service commercial real estate company. Before his stint as a broker, he served many years as a vice president of portfolio management at Nevada-based Dermody Properties, where he managed the portfolio for DP Industrial LLC, a $1.9 billion joint venture between the California State Teachers’ Retirement System (CalSTRS) and Dermody Properties. Beggs is the founding president of the Northern Nevada chapter of NAIOP as well as a past member of NAIOP’s National Board.
Michael Dermody
Chief Financial Officer, Dermody Propertie
Michael C. Dermody joined the firm in 1976, becoming president and CEO in 1983. Utilizing the team management concept, he led Dermody Properties from a local developer of real estate to a fully integrated national owner and developer of industrial warehouses throughout the nation. Although the company began as a family business, under Dermody’s leadership it quickly grew into a dominant national industrial development organization through its alignment with institutional partners such as CalPERS and CalSTRS. In 2007, taking advantage of an unprecedented real estate market opportunity, the company sold its 25 million-square-foot portfolio to Prologis in what was heralded as one of the largest portfolio transactions in industrial real estate. Today the company has returned to its entrepreneurial roots through a select national team of development partners in key markets with an excellent land base. Dermody Properties has five regional offices throughout the country.
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Dave Howard Retired
David Howard has led an extensive career in northern Nevada. He graduated from the University of Kentucky in 1969 before coming to the area in 1970. Howard also holds a master’s degree in finance from the University of Nevada, Reno. He served as a Reno City Councilmember for Ward 4 and was the first county registrar of voters among many other accomplishments. He also taught at McQueen High School in their English department as a long-term substitute. In worked many years as a lobbyist in northern Nevada and in 2006, Howard was hired as a paid lobbyist for NAIOP.
Paul Kinne
Development Manager, Panattoni Development As a development manager for Panattoni Development, Paul Kinne is responsible for managing the development of industrial and office properties, coordinating all aspects of land acquisition, managing project construction budgets and underwriting development feasibility. His position also entails negotiating leases, purchase and sale agreements and responding to requests for proposals. Paul has accumulated more than 17 years of experience in commercial real estate, including participating in more than 4 million square feet of commercial real estate transactions and more than 4.5 million square feet of real estate development projects. He serves as treasurer for NAIOP in Northern Nevada and is also active in several other professional organizations to advance his skills and the industry as a whole. These organizations include the Economic Development Authority of Western Nevada (EDAWN), Commercial Real Estate Women (CREW) and the Certified Commercial Investment Member (CCIM).
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Marc Markwell
Chief Financial Officer, Sierra Nevada Construction Marc Markwell joined Sierra Nevada Construction in July of 2012 and currently serves as CFO. He is a third generation Nevadan. After earning his bachelor of science in engineering at UNR, Markwell then attended and graduated law school at McGeorge School of Law. He worked six years with Granite Construction before deciding to pursue the commercial real estate development arena. Markwell started with Dermody Properties in 2004 as the development manager. In over 5 years, he oversaw the development and construction of more than 3 million square feet of industrial property in Las Vegas, Nevada and Portland. In 2009, Markwell went to work for Sierra Nevada Corporation, the electrical and mechanical defense contractor, as Corporate Properties Manager. He managed a portfolio of more than 1 million square feet of office space, warehouses and hangars around the country. He volunteers for the Boys and Girls Club of Truckee Meadows and has been an active Board for member for more than 15 years.
Bill Miles
President & Chief Executive Officer, Miles Construction William (Bill) D. Miles founded Miles Construction in 1986 in Carson City. Miles founded the company to be a multifaceted construction and design build solution for clients throughout Nevada. The company’s project experience is vast and diverse and includes general contracting, construction management, design assist, pre-engineered steel and sustainable construction. Miles works with several non-profit organizations including holding positions on the Boys and Girls Club of Western Nevada Board of Directors, Nevada Builder Alliance as immediate past president and the executive board of Northern Nevada Development Authority.
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Brandon Page Regional Director, GLP U.S. Brandon Page serves as Senior Vice President in Asset Management with responsibility for portfolio operations and performance in GLP’s Reno, Las Vegas, Seattle and Portland markets. Previously, Page served as Vice President at Prologis where he oversaw operations in Reno and Salt Lake City before managing the San Francisco Bay Area portfolio. Page earned a Bachelor of Arts in Finance from the University of Utah’s David Eccles School of Business.
Doug Roberts Partner, Panattoni
An equity partner for the states of Nevada and Arizona for Panattoni Development Company, Doug Roberts is responsible for all aspects of development of office, industrial and retail projects as well as the supervision of staff personnel in two offices within the region. During Roberts’ 26-year career in commercial real estate, he has developed over 17 million square feet of buildings in nine states across the country with a cumulative value of approximately $950 million. In addition to his role with Panattoni, Roberts is the 2016 president of the Northern Nevada chapter of NAIOP and was named a Developer of the Decade by the organization. He is also a member of the Society of Industrial and Office Realtors (SIOR), the Economic Development Authority of Western Nevada (EDAWN), Commercial Real Estate Women (CREW) and Certified Commercial Investment Member (CCIM).
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Scott Shanks
Principal, Dickson Commercial Group Scott Shanks is a Principal of Dickson Commercial Group and has over 25 years of commercial real estate experience. After graduating in 1987 from Linfield College with a Bachelor of Arts degree in Business Administration, Scott began his career in his native Reno with Hale Day Gallagher Company, where he was a broker for more than 10 years. He then transitioned to the development side of the industry, working for Prologis, where he was responsible for the Reno, Phoenix and Salt Lake City markets as Market Officer for over 7 years. After his tenure with ProLogis, he then co-founded NAI Alliance, a full-service commercial real estate firm. Shanks received his Society of Industrial and Office Realtors (SIOR) designation in 1997. Active in the northern Nevada community, he served on the Board of Directors for the Regional Alliance for Downtown (RAD), YMCA of the Sierra, Reno-Tahoe Open, and Northern Nevada chapter of NAIOP, where he is past president. He is a member of the Economic Development Authority (EDAWN) and the Reno-Sparks Chamber of Commerce.
Brad Woodring
Vice President of Acquisition, First American Title Brad Woodring rejoined First American Title Insurance Company in 2015 as Nevada division and Northern Nevada area manager based in the company’s office at 5310 Kietzke Lane, suite 100, Reno. Woodring joined First American’s Reno office in 1994 and served in various marketing capacities before being promoted to manager of the company’s Northern Nevada National Commercial Services group in 2002. After leaving First American in 2005, he took a position with Sierra Pacific Energy, which is now NV Energy, where he most recently served as manager of Economic Development, overseeing the utility’s new business and expansion efforts. He is a graduate of California State Polytechnic University-Pomona and over the years has been involved in many professional organizations in northern Nevada such as NAIOP, Western Industrial Nevada (WIN) and more.
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Celebrating
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All photos courtesy of Jeramie Lu 10th anniversary celebration
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Thank You
D ER M O DY PROPER TI ES
for Your Continued Support SupporT OF NAIOP Northern Nevada GLP
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10th anniversary celebration
Sponsors Bank of America Fielder Law LTD SJS Commercial First Centennial Title Nevada Builders Alliance SVN Sierra Nevada Construction Nevada State Bank Miles Construction Holland & Hart Victory Woodworks NCS Kidder Matthews Avison Young Dickson Commercial Group LBA Realty
10th anniversary celebration
A Special Thank You Ben Ridpath Films Camelot Party Rentals Eric Holland Jeramie Lu Photography Greater Nevada Field Carol Martin Denise Barcomb Matt Harris Cory Miller Kimberly Rossiter
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NAIOP: MOVING COMMERCIAL REAL ESTATE FORWARD
At NAIOP, we empower investors, developers and owners of commercial real estate to advance their businesses and careers. Our members span the industry – retail, office, mixed-use, industrial, multifamily, hotel and more – and our powerful chapter network unites members across North America. At NAIOP, you have unlimited
NAIOP.ORG
opportunity to connect with the dealmakers and visionaries who are shaping our industry, both locally and across the continent.
NAIOP: WHERE CAN WE TAKE YOU?
Congratulations
NAIOP Northern Nevada | 10-Year Anniversary