JUNE2012 • VOL 20 • ISSUE 2
THE COMMERCIAL REAL ESTATE NETWORK
network the COMMERCIAL REAL ESTATE
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THE VICE PRESIDENTIAL DYSLECTION OF 2012 P. 60
artchitecture 2
SURREALISM
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VOL 20 • JUNE2012
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THE NETWORK | SEPT2011
P. 40
WABISABI P. 46
surreal estate
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“I’M IN COMMERCIAL PROPERTY” P. 44
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blueprint JUNE2012 / VOL 20 / Issue 2
Features
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18 SurReal Estate
Greg Grainger looks at the dreamlike world of real estate today.
22 An Uneven Recovery
Nick Nicholas offers insights into the market’s financial uncertainties.
44 “I’m In Commercial Property” A humorous look that asks, ‘Aren’t we all?’
46 Wabi-Sabi
Author and expert Robyn Griggs Lawrence explores the beauty of simplicity.
49 Just Do It (Surreally!)
Pictures of uncanny things in the interior and exterior of buildings today.
60 The Vice Presidential Dyslection of 2012 An opinion – maybe we need to move backwards.
62 crestEXPO in pictures
43
Building Showcase 52 6565 MacArthur Boulevard A Model of Efficiency.
Herstory 58 Texas Has Everyplace 48
Rose-Mary Rumbley explores how some cities got their names.
Artchitecture.info 40 Surrealism at its finest
Cover artist John Stephens and his view beyond….
42 Gallery Events/Next Issue’s Cover Artist 52
43 Your Art Doesn’t Have to Match Your Couch 60
but, as Tal Milan explains, it should match your car.
Diversions
44
10 Summer’s Reading List / Kibosh 11 Getting Fit 19 Quickie Quiz 23 Language As A Second English 29 Impunity 34 Better Halves 53 Theme Park ‘On Hold’ 63 Congratulations to the Graduating Crass 70 It’s A Four Letter Word 72 A Surreal Thought JUNE2012 | THE NETWORK
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blueprint JUNE2012 / VOL 20 / Issue 2
In Every Issue 5 Editor’s Note/InBox 54 In The Workplace 14
Sales – How to Follow Up Without Being Annoying Professionals On The Move
56 Product Showcase 59 Ours Readers and Their Pets 64 Staycations
Summer Happenings in the Metroplex
66 TX Stats 68 In The Loop 69 What’s In A Name? 70 Links Directory 12
IBC Contest
Amazing Buildings 50 The Kimbell Art Museum
Expanding a Masterpiece with a New Green Building.
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Go Green 11 Lincoln Legacy One 12 Tianjin Eco-City
The next step in green living.
General Assembly 8 USGBC 14 BOMA 20 IREM 22 CCIM 36
25 NAWIC 26 AIA 28 TEXO 30 CREW
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32 IIDA 34 NTAEE 37 ASID 38 CBRE MarketView
Other Groups 24 ASAE
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69
35 NAIOIP 36 TEPA JUNE2012 | THE NETWORK
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editor’s note
ANDREW FELDER
aafelder@crestpublicationsgroup.com Executive Editor & Publisher
A
ccording to Webster’s Unabridged Third New International Dictionary, surrealism is defined as “the principles, ideals, or practice of producing fantastic or incongruous imagery in art or literature by means of unnatural juxtapositions and combinations.” In this issue, we approach surrealism more from how it is used in the vernacular – as something still irrational and confusing, but with enough reality to it to leave us uncertain of how to react. It is a word we often hear applied to today’s commercial real estate market.
EL CAMINO SURREAL
When you think about it, all improved real estate is residential, commercial or governmental (public). And of those divisions, commercial is by far the biggest sector. So, taking the theme from our (phenomenal) cover (see page 6), in this issue we look at today’s surreal state of management and financing. We have surreal images and thoughts throughout. Everything from a cell tower to a zoo, from a farm to a church - all commercial real estate. Trailer parks, cemeteries, even leasing roof space of residential buildings – all are commercial enterprises. For many, just thinking about commercial real estate in relation to those types of endeavors is somewhat phantasmagorical.
WABI SABI
It’s not Japanese for hunky dory, but in its simplicity, it is somewhat surreal (p. 46), as is Tadao Ando’s minimalist approach to architecture (p. 48).
(He designed the Modern Museum of Art in Fort Worth.) And so are some of the things that some people are doing with buildings (p. 49).
ARTCHITECTURE
Even the crisp, clear print of this publication cannot do justice to the work of our cover artist, John Stephens (p. 40). You’ll have to go to his website to see the incredible detail (and, yes, the surrealistic beauty) of his work. And check out why the art you display in your home should match your car, not necessarily your couch (p. 43). The new addition to the Kimbell (across the street from the Modern) is our Amazing Building in this issue (p. 50), and we showcase 6565 MacArthur (p. 52). Of course, we have our regular array of association news, interesting features and pictures, diversions and snippets. We even tackle a political issue – the vice presidential selection process (p. 60). We love that our readers say they read the network from page to page, cover to cover because there’s much more, and they don’t want to miss anything. Keep on networking,
Andy inbox Please address your comments, criticisms and suggestions to editor@crestpublications group.com
Stephen Crowbear, Crowbear Nation
This was the best issue yet!
Ripley B. Leavitt-Ornott Massive Dynamic
Having learned about Bentonville’s Crystal Bridges Museum in the March issue, I packed up my husband and kids and went off to see it. A truly amazing building and a very memorable two days. Helen Bach Disaster Relief Services LLC
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free
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I sincerely enjoy and appreciate the Architecture pages. Back in my college days I was a mood noodle, and I continue to expose myself in front of art to this day.
Search for tcrn
JUNE2012 | THE NETWORK
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NETWORK AFFILIATE ASSOCIATIONS American Institute of Architects (AIA) Dallas www.aiadallas.org • 214.742.3242 1909 Woodall Rodgers Freeway, Ste. 100 Dallas, TX 75201 American Society of Interior Designers (ASID) www.asidtx.org • 214.748.1541 1444 Oak Lawn Ave., Ste. 501 Dallas, TX 75207
network the Commercial Real Estate
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JUNE2012 / VOL 20 / Issue 2
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A quarterly publication of CREST Publications Group 2537 Lubbock Avenue
Fort Worth, TX 76109
682.224.5855
www.crestpublicationsgroup.com
The Appraisal Institute www.ainorthtexas.org • 972.233.2244 Building Owners and Managers Association (BOMA) Dallas www.bomadallas.org • 214.744.9020 1717 Main St., Ste. 2440, Dallas, TX 75201
On the Cover
Building Owners and Managers Association of Fort Worth www.bomafortworth.org • 817.336.2662 777 Main St., Ste. 1140, Fort Worth, TX 76102 Certified Commercial Investment Member (CCIM) www.ntccim.com • 972.233.9107x215 14070 Proton Rd., Ste. 100 LB9 Dallas, TX 75244 CREW Dallas www.crew-dallas.org • 214.890.6490 14785 Preston Rd., Ste. 550, Dallas, TX 75254 Fort Worth CREW Network admin@fwcrew.org PO Box 1202, Fort Worth, Texas 76101 International Association of Venue Managers www.iavm.org • 972.906.7441 635 Fritz Dr., Coppell, TX 75019 International Interior Design Association (IIDA) Texas/Oklahoma Chapter www.iida-tx-ok.org • 214.880.1511 1909 Woodall Rodgers Freeway, Ste. 100 Dallas, Texas 75201 The Institute of Real Estate Management (IREM) Dallas www.irem-dallas.org • 214.386.2181 13601 Preston Rd., Ste. 715E, Dallas, TX 75240 The Institute of Real Estate Management IREM® Fort Worth (IREM) Fort Worth
www.fortworthirem.org • 817.288.5506 5601 Ridge St, Ste. 504, Fort Worth, TX 76112 National Association of Women in Construction (NAWIC) Fort Worth www.nawic-fw.org PO Box 162315, Fort Worth, TX 76161-2898 National Association of Women in Construction (NAWIC) Dallas www.nawic-dallas.org North Texas Association of Energy Engineers www.ntaee.org • 214.532.1132 North Texas Association of Facilities Engineers www.northtexasafe.org North Texas Corporate Recycling Association PO Box 860365, Plano, TX 75086-0365 www.ntcra.org TEXO (Associated General Contractors of America) www.texoassociation.org • 972.647.0697 11101 N. Stemmons Freeway, Dallas, TX 75229 USGBC www.northtexasgreencouncil.org • 214.571.9244 1909 Woodall Rodgers Freeway, Ste. 100 Dallas, TX 75201 U.S. Green Chamber www.usgreenchamber.com • 214.727.9374
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THE NETWORK | JUNE2012
EXECUTIVE
PUBLICATION ADVISORY BOARD
EXECUTIVE EDITOR Andrew A. Felder aafelder@crestpublicationsgroup.com
AIA DALLAS Katie Hitt, Associate AIA | Communications & Graphics Coordinator
CREATIVE DIRECTOR Renée Higgins renee@biglittlecreative.com
BOMA DALLAS Teresa Foster, CAE | Executive Vice President
ASSOCIATE EDITORS PEOPLE ON THE MOVE Julie Brand Lynch HERSTORY Rose-Mary Rumbley ACCESSIBILITY Wally Tirado STAYCATIONS Candace Rozell
CONTRIBUTING WRITERS Greg Brown T.J. Ermoian, Jr Melissa Graham Greg Grainger Susan Heath Ashley Katz BethAnn Kessel Jonathan Kraatz Robyn Griggs Lawrence Rose-Mary Rumbley Laura McDonald Stewart Jill Melancon Tal Milan Nick Nicholas
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BOMA FORT WORTH Michelle Lynn | Executive Director CCIM Becky Tiemann | Chapter Administrator CREW DALLAS Kim Hopkins | Director of Operations IREM Kristin Hiett, CAE | Executive Director USGBC Jonathan Kraatz | Interim Executive Director
CIRCULATION Over 14,000 commercial real estate professionals in the DFW Metroplex including the memberships of BOMA, AIA, TEXO, IREM, NAWIC, SIOR, CREW, NAIOP, TAPPA, ASID, AFE, USGBC, IIDA, IAVM, CCIM, NEWH, NTAEE, AI and NTAFE, USGC, NTCRA.. Available also by subscription - $15.95 per year. Contact editor@crestpublicationsgroup.com
We use high-quality (FSC) Forest Stewardship Council certified papers. The printer of this publication actively recycles paper waste, used plates, waste inks and solvents, and offsets any remaining carbon footprint by investing in domestic energy alternatives such as wind, solar, and natural gas. It uses soy and vegetable based inks, aqueous coatings, and VOC free solvents and follows a philosophy of Reduce, Reuse, Recycle in all of its practices.
Copyright © 2012 The CREST Publications Group, 2537 Lubbock Avenue Fort Worth, TX 76109. All rights reserved. All information contained herein (including, but not limited to, articles, opinions, reviews, text, photographs, images, illustrations, trademarks, service marks and the like (collectively the “Content”) is protected by copyright and other intellectual property laws. The Content is the property of The CREST Publications Group and/or third party licensors. You may not modify, publish, transmit, transfer, sell, reproduce, create derivative work from, distribute, republish, display, or in any way commercially exploit any of the Content or infringe upon trademarks or service marks contained in such Content. GENERAL DISCLAIMER AND LIMITATION OF LIABILITY: The Network magazine contains facts, views, opinions, statements and recommendations of third party individuals and organizations. The publisher does not represent or endorse the accuracy or reliability of any advice, opinion, statement or other information displayed and any reliance upon same shall be at the viewer’s sole risk. The publisher makes no guarantees or representations as to, and shall have no liability for, any content delivered by any third party, including, without limitation, the accuracy, subject matter, quality or timeliness of any Content. Change of address: Mail to address above or email editor@crestpublicationsgroup.com.
Sign of the times (on the Maternity Room door): “Push Push Push.”
Our cover art is the essence of surrealism, Crossroads of Time and Space by John Stephens, who said of this work, “A young woman surveys a landscape of mountains and lakes encased in a cathedral. Time is slipping away. It would be nice to say that I understood what I was painting, but these objects appear by themselves on my canvas without any conscious intent.” Our featured artist (see pages 40-41) is a modest perfectionist whose intent is strategically advised by his vivid imagination and abetted by his skilled artistry. This marvelous piece was the inspiration for this issue’s surrealistic theme and views of commercial real estate.
JUNE2012 | THE NETWORK
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g green JONATHAN KRAATZ
jkraatz@usgbcnorthtexas.com Jonathan Kraatz is the Executive Director of the North Texas Chapter of the United States Green Building Council.
Where Are We Now?
O
ver the past several weeks, North Texas has been celebrating Earth Day events that have stretched across the region – from corporately sponsored events for internal audiences to Earth Day Dallas which welcomed thousands of visitors. This shows an ever- growing commitment sustainability in our region. In the recently released list of top 10 states for LEED-certified commercial and institutional green buildings per capita (based on the U.S. 2010 Census information), two things stand out: Texas ranked 7th in the per capita comparison and 2nd in square footage for 2011 LEED certifications. “Looking past the bricks and mortar, people are at the heart of what buildings are all about,” said Rick Fedrizzi, President, CEO & Founding Chair, USGBC. “Examining the per capita value of LEED square footage in these states allows us to focus on what matters most - the human element of green buildings.” “Our local green building chapters from around the country have been instrumental in accelerating the adoption of green building policies and initiatives that drive construction locally,” continued Fedrizzi. As more research is conducted and published on the benefits of green building – both for building occupants and owners, the North Texas Chapter will continue to provide as much information as possible to its members and our community. n
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THE NETWORK | JUNE2012
SQ FT OF SPACE TO EARN LEED CERTIFICATION IN 2011
PER CAPITA
District of Columbia
18,954,022
31.5
Colorado
13,803,113
2.74
Illinois
34,567,585
2.69
Virginia
19,358,193
2.42
Washington
14,667,558
2.18
Maryland
11,970,869
2.07
Massachusetts
13,087,625
2.00
Texas
50,001,476
1.99
California
71,551,296
1.92
New York
36,538,981
1.89
Minnesota
9,591,445
1.81
Source: www.usgbc.org
LEED-Certified Existing Buildings In New Construction
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EED-certified existing buildings are outpacing their newly built counterparts, according to the U.S. Green Building Council (USGBC). As of April, square footage of LEED-certified existing buildings surpassed LEED-certified new construction by 15 million square feet on a cumulative basis. “The U.S. is home to more than 60 billion square Richard Fedrizzi feet of existing commercial buildings, and we know that most of those buildings are energy guzzlers and water sieves,” said Rick Fedrizzi, President, CEO & Founding Chair, USGBC. “Greening these buildings takes hands-on work, creating precious jobs especially for construction workers. Making these existing buildings energy and water efficient has an enormous positive impact on the building’s cost of operations. And the indoor air quality improvements that go with less toxic cleaning solutions and better filtration create healthier places to live, work and learn.” Historically, USGBC has seen the stock of LEED-certified green projects overwhelmingly made up of new construction projects, both in volume and square footage. That began to change in 2008, when the LEED for Existing Buildings: Operations & Maintenance (O&M) program began experiencing explosive growth. In 2009, projects certified under LEED for Existing Buildings: O&M surpassed those certified under its new construction counterpart on an annual basis, a trend that continued in 2010 and 2011.
TURNING THE CORNER
“This new data marks the first time that LEED-certified existing buildings have surpassed LEED-certified new construction cumulatively,” Fedrizzi continued. “The market is becoming increasingly aware of how building owners can get better performance through green operations and maintenance, and tools such as LEED for Existing Buildings: O&M are essential to cost-effectively driving improvements in our economy and environment. LEED as a rating system
is continuing to evolve an ever greater emphasis on performance, not only in energy, but also water, location, indoor environmental quality, and materials.” Projects worldwide are proving that green building doesn’t have to mean building new. By undertaking a large renovation, the recently LEED-certified Empire State Building has predicted it will slash energy consumption by more than 38 percent, saving $4.4 million in energy costs annually, and recouping the costs of implementation in only three years. The second tallest building in the world, Taipei 101, earned the tallest honor – LEED Platinum. The skyscraper was designed to use 30% less energy, reducing annual utility costs by $700,000 a year. San Francisco’s Transamerica Pyramid also earned LEED Platinum as an existing building, 39 years after it was originally built. The landmark’s onsite co-generation plant saves an average of $700,000 annually in energy costs. USGBC is also a strong supporter and working to implement the White House’s Better Buildings Initiative to make America’s commercial buildings more energy- and resource-efficient over the next decade. The plan catalyzes private-sector investment through a series of incentives to upgrade existing offices, stores, schools and universities, hospitals and other commercial and municipal buildings. A newly issued report by Capital-E found that efficiency financing has the potential to soar from $20 to $150 billion annually, creating over one million jobs, making the American economy more competitive, enhancing national security, and helping slow the impacts of climate change. In their Green Outlook 2011 report, McGraw Hill Construction found that by 2015, the green share of the largest commercial retrofit and renovation activity will more than triple, growing to 25 percent to 33 percent of the activity by value—a $14 to $18 billion opportunity in major construction projects alone. To learn more about existing buildings, visit usgbc.org/LEED/EB. — Submitted by Ashley Katz, Communications Manager USGBC
LOCAL LEED CERTIFICATIONS – FIRST QUARTER, 2012 PROJECT CITY
RATING CERTIFICATION SYSTEM
GROSS SQ FOOTAGE
Fountain Place
Dallas
LEED EB O&M
Silver
1,390,920.00
Natures Best Lakeside Terrace Bldg 5
Flower Mound
LEED-CI
Gold
308,200.00
Denbury Resources - Phase II
Plano
LEED-CI
Certified
49,804.00
UNT Business Leadership Building
Denton
LEED NC
Gold
181,071.00
Hyundai Dallas Operations Center
Plano
LEED-CI
Gold
42,356.00
SMU Annette Caldwell Simmons Building
University Park
LEED-NC
Gold
43,178.00
Lincoln Legacy One
Plano
LEED EB O&M
Gold
225,762.00
Foundation Management Services
Denton
LEED NC
Silver
44,758.00
TCU Erma Lowe Hall
Fort Worth
LEED NC
Gold
33,586.00
SMU Martha Proctor Mack Grand Ballroom
University Park
LEED-CI
Certified
8,768.00
DeVry-CC Mesquite
Mesquite
LEED-CI
Silver
42,134.00
Galleria North Tower II
Dallas
LEED-EB O&M
Silver
301,210.00
Armed Forces Recruitment Center
Lewisville
LEED NC
Silver
67,516.00
Carter Burgess Plaza
Fort Worth
LEED EB O&M
Silver
1,009,248.00
Fire Station No. 9
Arlington
LEED-NC
Silver
12,488.00
PepsiCo Parkwood
Plano
LEED-EB O&M
Gold
257,800.00
plus seven confidential projects for an additional 360,963 Sqft Key: EB O&M - Existing Buildings Operations & Maintenance, CI - Commercial Interiors, NC - New Construction JUNE2012 | THE NETWORK
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DIVERSI NS
er
Summer’s Reading List
Put r e v e N Off r‘toilw… Tomor f ut of u can p o y t a h (w ely) indefinit
mateur ing an a ro’. e b m o fr ‘p My path ator to turning crastin aite dace W by Can
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THE NETWORK | JUNE2012
• Secret Web IDs by Anna Nimity With an introduction by Donatella DeBois • Don’t Let The Son Go Down on Me by Jonna Elton • The Department of Redundancy Department
(Backing Up the Bureaucracy) by Phil Phillips, Tom Thomas and Robert Roberts • Never Signal Defeat by Flip DeByrd
kibosh
Su m
m
g green
Jerry: (answering machine) Leave a message and I’ll call you back, thanks. Joe Divola: Jerry, Joe Divola. Pbt, Pbt, Pbt. I have a hair on my tongue. I can’t get it off. You know how much I hate that? ‘Course you do, you put it there. I know what you said about me Seinfeld. I know you badmouthed me to the execs at NBC, put the kibosh on my deal. Now I’m gonna put the kibosh on you. You know I’ve kiboshed before, and I will kibosh again.
The word kibosh (also spelled kybosh) has been around for over 150 years. (It is pronounced either KYE-bosh, the first syllable as in “rye,” or k’BOSH.) The most common use is in the phrase put the kibosh on, meaning ‘to put a stop to; deliver a finishing stroke against; quash; squelch; etc.’.
HAV E
HE
D? AR
U YO
DIVERSI NS GETTING FIT
The doctor told me to start an exercise program... Not wanting to risk a heart attack by doing too much too fast, I devised the following:
I drink to make other people interesting.
Lincoln Legacy One Awarded LEED Gold
L
incoln Legacy One has been awarded LEED® Gold certification by the U. S. Green Building Council under the Existing Buildings (EB) Rating System and verified by the Green Building Certification Institute (GBCI). Leadership in Energy and Environmental Design (LEED) is the nation’s preeminent program for the design, construction and operation of high performance green buildings. Lincoln Legacy One is a Class A, 8 -story office building with 207,834 sf in the heart of Plano’s Legacy Town Center. Completed in 2006, the building is managed by Lincoln Property Company. The accomplishments (noted below) were a result of management and engineering staff partnering with LORD Green Real Estate Strategies, along with the support of Lincoln Legacy’s tenants and vendors. This certification extends Dallas-based Lincoln Property Company’s LEED for Existing Buildings Gold-certified class A space in Dallas and Plano to a total of nearly 1.4 million square feet. Additionally, approximately 70% of Lincoln’s managed assets are ENERGY STAR® rated. The green operating policies and programs that positively impact the tenants, vendors and employees of the project itself and the broader community include: • Indoor plumbing water use reduced to 30% below the LEED – EBOM baseline. • Programs to reduce electrical consumption, including upgraded KATHY WHITE, lighting, reduced lighting run hours on weekends, and activation of CPM, RPA Property Manager Optimum Start on the building automation system. • A lamp purchasing plan which reduced the overall mercury content of the building to less than 50 picograms per lumen-hour. • High performance green cleaning with 95% sustainable cleaning purchases and materials. • Recycling of batteries, electronics and lamps with 95% electronic waste diversion. • Designing views of outdoors for 46% of occupied spaces. • Using existing vegetation to mitigate 15% of rainfall on site and reduce storm water runoff. • 50% of the building’s energy consumption for two years will be met with off-site renewable energy systems. In 2011, Lincoln Legacy One implemented energy conservation measures which are projected to save 288,000 KWh of electricity annually, resulting in a reduction of 200 metric tons of CO2 emissions -the equivalent of the amount of emissions produced from the electricity use of 25 homes over 12 months. In addition, it is estimated that approximately 460,000 gallons of water (580 gallons per occupant) will be saved annually due to the plumbing upgrades. n
MONDAY: Wade through the morning paper. Beat around the bush. Jump to conclusions. Climb the walls. TUESDAY: Drag my heels. Push my luck. Make mountains out of molehills. Hit the nail on the head. WEDNESDAY: Bend over backwards. Jump on the bandwagon. Run around in circles. THURSDAY: Dodge responsibility. Toot my own horn. Pull out all of the stops. Add fuel to the fire. FRIDAY: Open a can of worms. Put my foot in my mouth. Start the ball rolling. Go over the edge. SATURDAY: Fly off the handle. Pick up all the pieces. SUNDAY: Kneel in prayer; Bow my head in thanksgiving. Uplift my hands in praise. Hug and encourage someone. I’m exhausted just thinking about it!
JUNE2012 | THE NETWORK
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g green
Tianjin Eco-City
The next step in green living
S
ino-Singapore Tianjin Eco-city is the 2nd flagship government-to-government project between Singapore and China. The Chinese Government set two criteria for the location of the Eco-city site. First, it had to be developed on non-arable land; second, it had to be located in an area facing a water shortage. Four possible locations for the project were identified, and the Tianjin site was selected after a thorough study by both sides, taking into account the state of development of the surrounding infrastructure, ease of accessibility and commercial viability.
solar power, wind power, rainwater recycling, and wastewater treatment/ desalination of seawater. In order to reduce the city’s carbon emissions, residents will be encouraged to use an advanced light rail system, and China has also pledged that 90 percent of traffic within the city will be public transport. The development also features some beautiful public green spaces. The Master Plan spells out the approved uses of the land and attempts to strike a balance between the competing (social, economic and environmental) needs of the Eco-city.
LOCATION
LAND-USE PLANNING
Designed by Surbana Urban Planning Group, the Eco-city site is located 25 miles from Tianjin city center and 93 miles from Beijing city center. It is within one of the fastest growing regions in China and has a total land area of 12 square miles, designed to showcase the hottest new green technologies and to serve as a model for future (development of) Chinese cities. When fully completed in around 2020, it will have a population of 350,000 residents. Commuting to the business parks in the nearest economic development area should be a (10 minute) breeze with the development’s advanced light rail transit system. Even cooler, the community’s residents will be able to choose different landscapes ranging from a sun-powered solarscape to a greenery-clad earthscape. (Prior to the development of the Eco-city, the site was comprised of mainly saltpans, barren land and polluted water-bodies, including a 1 square mile large wastewater pond. Eco-City will make use of the latest sustainable technologies such as
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THE NETWORK | JUNE2012
The Eco-city is planned to be compact, with a good mix of land uses. Each district is planned with amenities and jobs located nearby. Local and centralized facilities are provided to serve the needs of residents in each neighborhood, and each district is served by an urban center. Business parks are close to residential areas to provide employment for residents within easy access of their homes.
TRANSPORTATION PLANNING
The emphasis on green transport is a key feature in the transport planning. The aim is to increase trips via public transport and non-motorized modes of transport (such as bicycles and walking) within the Eco-city. To achieve this, non-motorized and motorized networks will be separated to minimize conflict between pedestrians, cyclists and vehicles, with priority given to pedestrians, non-motorized and public transportation.
Half of the people in the world are below average.
A Futuristic Green Landscape and a Model for Sustainable Development
The first public housing units in the Eco-city opened in March 2012 Comprised of 151 units from 2 blocks, the selling price is (converted to US dollars) approximately 1,100 per unit. Only those working in the Eco-city and with an annual family income of less than $19,000 are eligible to apply. Public housing is an important instrument to engender social harmony in the Eco-city, at least 20% of residential units will be public housing to help build more inclusive communities.
GREEN AND BLUE NETWORK PLANNING
The Eco-city is planned with extensive green (vegetation) and blue (water) networks to provide an enduring living and working environment. The green network will comprise a green lung at the core and green-relief eco-corridors emanating from the lung to the other parts of the Eco-city. Water bodies will be linked together for greater circulation to enhance the ecology and to provide an attractive environment for waterfront development and water-based recreational activities. A wastewater pond will be rehabilitated and transformed into a clean and beautiful lake.
The public housing policy framework for the Eco-city incorporates a “closed” system to restrict the purchase of resale units to eligible buyers to maintain a steady stock of public housing units, and the focus on home ownership and owner occupation to give residents a stronger stake in its development.
ECO HARMONY
The city will be divided into seven distinct sectors - a Lifescape, an EcoValley, a Solarscape, an Urbanscape, a Windscape, an Earthscape and EcoCorridors. Surrounded by greenery, the Lifescape will consist of a series of soil-topped mounds that will counteract the towering apartment buildings of the other communities. To the north of the Lifescape, the Solarscape will act as the administrative and civic center of the Eco-City. Demonstrating the concept of a compact, multilayered city, the Urbanscape will be the core of the Eco-City, featuring stacked programs interconnected by sky-bridges at multiple levels to make efficient use of vertical space. In contrast to the Urbanscape, the Earthscape will act as a sort of suburb of the city, with stepped architecture that will maximize public green space. Last but not least, the Windscape will transform Qingtuozi, a century-old village surrounded by a small lake, into a venue for citizens to relax and recreate.
NOW AND THEN
The city is expected to be completed in 2020, but occupancy has begun. In March, the first public housing units (see sidebar) opened. n Compiled by Network sources
The Eco-city’s vision is to be a thriving city that is socially harmonious, environmentally friendly and resource-efficient A flagship cooperation project between the governments of Singapore and China, it is to be completed around 2020 and will have about 350,000 residents. This vision is underpinned by the concepts of . . .
THE 3 HARMONIES:
2007
2011
• People living in harmony with other people (i.e., social harmony); • People living in harmony with economic activities (i.e., economic vibrancy); • People living in harmony with the environment (i.e., environmental sustainability);
and THE 3 ABILITIES: (which means the Eco-city being:) • Practicable - the technologies adopted in the Eco-city must be affordable and commercially viable; • Replicable - the principles and models of the Eco-city could be applied to other cities in China and even in other countries • Scalable - the principles and models should be adaptable for another project or development of a different scale
JUNE2012 | THE NETWORK
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general assembly
Dallas scores BIG!
AND EARTH AWARDS
The Outstanding Building of the Year (TOBY) Awards program is one of the most prestigious and comprehensive in the commercial real estate industry. Its recognizes excellence in building management, operating efficiency, tenant retention, emergency planning and community impact. The competition is conducted at three levels – local, regional and international. These buildings/management companies won the regional competition, the winners of which were announced in April in Albuquerque. They will now compete for international recognition. (The winners will be announced at the BOMA International Conference in Seattle in June.) Together with our seven local champions, we wish all of the regional winners
OVER 1 MILLION SQ FT
(and now international entries) the best of luck!
500,000 – 1 MILLION SQ FT
972-290-2001 • www.gcatstx.com
The Tower at Cityplace Owned by: CPT Fee Owner LP Managed By: Stream Realty Partners Property Manager: Heather Martin
972-570-1918 www.mitecnet.com www.scottandreid.com
The Urban Towers Owned by: SP Millennium Center LP Managed By: CBRE Property Manager: Pam Baker
Congratulations!
972-481-1700
www.dallasmetalservice.com
214-234-1600 www.universalpro.com
214.367.5353 www.trintyelectricsupply.com
www.scottandreid.com
972-230-0302 • www.landscapeandfloral.com
EARTH AWARD
972-290-2001 • www.gcatstx.com
INDUSTRIAL OFFICE PARK
Congratulations! Turnpike Distribution Center Owned by: Principal Real Estate Investors, LLC Managed by: Holt Lunsford Commercial Property Manager: Mary Leerssen
817.572.2250
www.empireroofing.com 14
THE NETWORK | JUNE2012
Energy Plaza Owned by: Energy Future Holdings Managed By: Transwestern Property Manager: David Bryant
Are part-time band leaders semi-conductors?
Congratulations!
general assembly
Dallas scores BIG!
AND EARTH AWARDS
The Outstanding Building of the Year (TOBY) Awards program is one of the most prestigious and comprehensive in the commercial real estate industry. Its recognizes excellence in building management, operating efficiency, tenant retention, emergency planning and community impact. The competition is conducted at three levels – local, regional and international. These buildings/management companies won the regional competition, the winners of which were announced in April in Albuquerque. They will now compete for international recognition. (The winners will be announced at the BOMA International Conference in Seattle in June.) Together with our seven local champions, we wish all of the regional winners
OVER 1 MILLION SQ FT
(and now international entries) the best of luck!
972-290-2001 • www.gcatstx.com
972-570-1918 www.mitecnet.com The Urban Towers Owned by: SP Millennium Center LP Managed By: CBRE Property Manager: Pam Baker
The Tower at Cityplace Owned by: CPT Fee Owner LP Managed By: Stream Realty Partners Property Manager: Heather Martin
www.scottandreid.com
Congratulations! 214-234-1600 www.universalpro.com
214.367.5353 www.trintyelectricsupply.com
972-481-1700
www.dallasmetalservice.com
www.scottandreid.com
972.644.3055 • www.pritchardindustries.com
972-230-0302 • www.landscapeandfloral.com
EARTH AWARD
972-290-2001 • www.gcatstx.com
INDUSTRIAL OFFICE PARK
Congratulations! Turnpike Distribution Center Owned by: Principal Real Estate Investors, LLC Managed by: Holt Lunsford Commercial Property Manager: Mary Leerssen
817.572.2250
www.empireroofing.com 14
THE NETWORK | JUNE2012
Energy Plaza Owned by: Energy Future Holdings Managed By: Transwestern Property Manager: David Bryant
Are part-time band leaders semi-conductors?
Congratulations!
500,000 – 1 MILLION SQ FT
UNDER 100,000 SQ FT
Outstanding Member of the Year Award BOMA Austin’s Karisa Johnson, CPM, RPA, the Vice President of Management Services for Transwestern, was chosen Southwestern Region Outstanding Member of Year. Karisa has chaired and participated on many committees and been in leadership positions for BOMA Austin, Texas BOMA and BOMA International, and has held several elected positions for BOMA Austin and the Southwest Region, including the office of president in each.
Rochelle Park Owned by: Parmenter Rochelle Park LP Managed By: Parmenter Realty Partners Property Manager: Kelly K. Smith 100,000 – 249,999 SQ FT
SUBURBAN OFFICE PARK MID-RISE
Interchange Office Center Owned by: CBRE Global Investors Managed by: CBRE Property Manager: Cathy Kuebler
RENOVATED BUILDING
Congratulations!
HOUSTON Waterway Plaza I & II Owned by: Daymark Realty Advisors, Inc. Property Manager: Cindy Niles, CPM
972-481-1700
Congratulations!
www.dallasmetalservice.com
972-230-0302 • www.landscapeandfloral.com
CORPORATE FACILITY
SAN ANTONIO McAllister Plaza Owned by: RBL McAllister LLC Managed By: Travis Commercial Real Estate Services Property Manager: Adrienne Cox
713.957.1367 • www.pritchardindustries.com
250,000 – 499,999 SQ FT
MEDICAL OFFICE BUILDING
Hunt Corporate Headquarters Owned by: Hunt Consolidated, Inc. Managed By: Hunt Office Management Property Manager: Ben Tyner
NORTHWEST ARKANSAS Mercy Physicians Plaza Owned by: Health Care REIT, Inc. Property Manager: Cheryl Filla
AUSTIN 100 Congress Owned by: Metropolitan Life Insurance Co. Managed by: CBRE Property Manager: Stephen Koile JUNE2012 | THE NETWORK
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general assembly
Lone Star Awards Fifty individuals were nominated for the prestigious Lone Star Awards, and the winners were selected by the BOMA Board of Directors and a committee of commercial real estate professionals.
Lifetime Member Award: Piers Chance (c) with Ray Mackey (L) and Mark Wilshire
Outstanding Member of the Year Angelique Wade, RPA, LEED AP, TRANSWESTERN with Dan Yates
Assistant Property Manager of the Year Juanita Cano-Munoz, Two Trees Management Company
Committee Chair of the Year (Government Relations Committee) Mike Pugh, RPA, CBRE, with Jessica Warrior and Dan Yates
Assistant Chief/Lead Engineer of the Year Craig Jones (c), The Koll Company with Jessica Warrior and Joe Dobbs
Chief Engineer of the Year Dan Page (c) with Jessica Warrior and Joe Dobbs
Administrative Assistant of the Year Trish Freis (c), RPA, Granite Properties, Inc. with Jessica Warrior and John Anderson
Committee Member of the Year (Community Services Committee) George Smith (c), Mid America Metals with Jessica Warrior and Dan Yates
Allied Member of the Year Richey Houdek (L), ABM Janitorial Services with Jessica Warrior and Mark Slicker
DBEI Instructor of the Year John P. Laib, Johnson Controls was unable to attend. Accepting for him was Greg Grainger, pictured with Jessica Warrior
Property Manager of the Year Jeri Hadsell, CPM, The Koll Company with Jessica Warrior and John Anderson
Building Engineer of the Year Burton Tyler, Parmenter Realty Partners
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THE NETWORK | JUNE2012
Jim Peck (L) and Ray Mackey celebrate Glenda Simcox’s 26 years of service to BOMA at the Southwest Conference in Albuquerque
BOMA Fort Worth Says Farewell
Congratulations Behringer Harvard and the Burnett Plaza team!
as Glenda Simcox Retires
G
lenda Simcox has been the face of BOMA Fort Worth for over 26 years. She was in the trenches as it was just getting off the ground. With the most state-of-the-art equipment such as the thermal paper facsimile machine (a/k/a fax machine) and the 2.5 lb. mobile phone (a/k/a “call me on the car phone” literally), Glenda’s advocacy in Austin, mentoring in Fort Worth, and representing the association across the country certainly put BOMA Fort Worth on the map! Always a dedicated servant, steward, ambassador and ally, Glenda has truly been a blessing to BOMA and the community. Without her guidance, many of us would not be where we are today (personally or professionally), nor would we have made the commitment to BOMA “Glenda has been a without her leadership and “motherly” confidence and major contributor to nudging. BOMA’s success by We share her enthusiasm attracting a larger part and envy the opportunity to of the industry to belong while enjoy retirement, spoil her mentoring countless careers in real granddaughters and travel the world. Glenda created a estate and association management. remarkable legacy and will She has pushed us all to provide the be part of our very special best programs and customer service family, forever. n Melissa Graham
Fort Worth’s newest BOMA 360 recipient
~ Since 1986 ~
“Texas Motor Speedway is a proud partner with PAC Systems, Inc. in 2008.”
and her legacy is a thriving association that is grateful for the chance to work with her.”
— Henry Chamberlain, APR, FASAE, CAE BOMA International, President and Chief Operating Officer
A FULL SERVICE FIRE ALARM COMPANY • Installation • Tenant Finish Outs • Engineering • U.L. Central Station Monitoring • Repairs • Inspection
www. pac-systems.com
817-640-2223 JUNE2012 | THE NETWORK
17
general assembly GREG GRAINGER
greg.grainger@colliers.com
The dreamlike world of real estate today Let’s face it…real estate owners have been taken to the cleaners in recent years
R
ents are down, vacancies are up and deal costs are higher. This has resulted in reduced cash flow with significant impact to property operations. Real estate managers are being tasked to do more with fewer resources every day. If that’s not surreal, then I don’t know what is…. Has The Mortgage/ Foreclosure The question is asked every day…”Can you reduce the operating costs of a particular property?” The easy answer is, “YES”, if you are spending Fraud Crisis Gone Surreal? money on a property, then you can always stop. If I’m cleaning a property daily, then I could change that to twice a week and enjoy the “savings.” Per— headline from Daily Kos forming predictive or preventive maintenance can be stopped with little immediate impact to property operations resulting in further “savings.” Afimage and cost (the value variter all, wouldn’t my car continue to run ables). Tenants have bought for thousands of miles even if I stopped into the value proposition of changing the oil? The probable answer Closure of this profitable lender the property, as it existed, when is “YES it would,” but doing so comes they signed their lease. That is (Met Life) is surreal at a cost. the tenant’s perceived baseline — headline from mortgage strategy of expected value. If changes ASKING THE WRONG QUESTION in property ownership or cash I would propose that the questions being asked are wrong. Owners flow constraints result in diminished value to the tenant, then one of the should be asking, “Are the dollars that are being spent at the property being other value variables will have to change to reestablish that balance (loleveraged effectively to achieve maximum results for my tenants and im- cation, functionality, services, image and cost). Since location and costs proving the property’s overall condition?” Tenants are keenly aware of when are fixed, the only current variables that can be changed are functionshortcuts are being taken at on the properties they occupy. When the drive- ality, services and image. These are primarily under the control of the up appeal is diminished, services reduced, reliability of equipment (HVAC property owner. and elevators primarily) becomes questionable, products used in restrooms are lowered, etc., tenants notice. Most look at this and question why they THE HIGH COST OF REDUCING COSTS The easiest way to restore balance would be to reduce rent costs reflective are being asked to pay the same rent when they’re getting less. After all, the owner is not going to give back the “savings” to the tenant. If the tenant of the reduced value, but that would be contrary to the goals of the owner perceives that they are no longer getting that for which they’re paying, this (increased cash flow) and may not meet the tenant’s ultimate goals for their will lead to erosion of the property’s value proposition and reduced tenant space needs. After all, they bought into the property based on a different satisfaction with the property. Since the real value of the property resides value set. In other words, the rent may be secondary to the other property in the tenant leases, what real “savings” have been achieved if the tenant value components. A continued loss in the tenant’s value proposition will vacates at the end of their lease? Professional real estate managers should be result in decreased tenant satisfaction with the property. This may translate to erosion of confidence and trust in the property owner. Once lost, it is very counseling owners on the overall impact of cost “savings.” The true value of any property to a tenant is its ability to effectively difficult to reestablish. Imagine trying to renew a tenant that has lost conservice their needs; included in this are location, functionality, services, fidence in the ownership. The only real leverage the owner will have at that point is to make the tenant’s occupancy costs so low that it would be difficult for them to consider relocating. The impact to value from those “savings” could be significant. Deferred maintenance = Opportunity Lost. When an owner makes the decision not to incur the expense of a capital improvement, they have forgone the opportunity to benefit from the improvement while still ultimately The Surreal Zero down commercial making the investment. Take, for example, an investment in an elevator modernization, which will provide improved reliability and reduced mainpurchase mortgage loan tenance costs. Tenant relations will also be positively influenced. An investor and owner will benefit from the reduced costs and also be able to capitalize — headline from The Mortgage Store Online
18
THE NETWORK | JUNE2012
Give a man a fish and he will eat for a day. Teach him how to fish, and he will sit in a boat and drink beer all day.
SurRealEstate. . .
Greg Grainger CCIM, CPM, RPA is the Regional Managing Director of Colliers International.
DIVERSI NS Quickie Quiz (Answers below. No cheating!)
upon that savings upon the sale of the property while positively impacting tenant satisfaction in the property. Knowing that any future investor in the real estate asset will reduce the property value by the estimated costs of doing the improvement (and usually at the highest possible number to cover unknowns), the deferral of the expense eliminated the opportunity to benefit from the investment, while ultimately still having to make the investment at sale (in a reduced sale price). Cash flow constraints may dictate this approach, but always remember that the cost is not eliminated, just deferred. There is no question that cutting costs will have an immediate positive impact to cash flow. However, the professional property manager should do a complete analysis of the cost side of the savings. For example, if the savings result in the property being considered at a lower class relative to its competition, those savings will have a cost reflective of a lower rental rate. Deferring predictive or preventive maintenance will result in reduced service life, reduced reliability and increased reactive maintenance down the road. It is called deferred maintenance for a reason. The costs were not eliminated, just pushed out. And like the car example above, you can go many miles before it breaks down, but how many more could you have gone if you had properly maintained it all along.… n
a) 4-3 d) 2-1
b) 7-2 e) 7-6
a) Neither rain nor snow nor gloom of night can stay these messengers from their duties. b) Neither rain, nor snow nor sleet shall keep these messengers from that with which they are charged. c) Neither rain nor snow nor gloom of night can stay these messengers about their duty. d) Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds. e) Neither war nor weather shall deter our service; the mail will go through!
2. Timbuktu is located in a) Nepal b) Nowhere; it’s a fictional place c) Mali d) East Texas e) Tibet 3. How do you spell Timbuktu? a) Timbuk2 c) Timbucktou e) Timbuktu
b) Timbuktoo d) Incorrectly
7. Between the Sweet 16 and the Final Four, the teams that compete are known as:
4. J.R.R. Tolkien is known for
a) the Great Eight b) The Elite Eight c) The Power Eight d) The Eight Balls e) I Just Eight
a) Writing The Lord of the Rings b) Starring in Avatar c) Having three first initials d) Having the first reggae CD to go platinum e) Being first mate on the Starship Enterprise
8. Al Qaeda means a) the source c) the center e) headquarters
5. Mark is the oldest of the Gospels. So why do they appear in the order Matthew, Mark, Luke and John in the New Testament?
b) the base d) the Front
9. Who lived first?
a) Because St. Augustine made a mistake b) They appear alphabetically in the original Greek c) Because Ringo hadn’t been born yet d) Mark’s version was in Hebrew and took longer to be translated e) The Gospels appear in different order depending on the version of the Bible
We See Totally Surreal Markets 8 B 9 E 10 D
— headline from The International Forecaster
6. Which of these is associated with the US Postal service?
c) 14-9
4 A 5 A 6 D 7 B
— headline from WolfeNotes
1. The Supreme Court decision in the 1972 case of Roe v Wade that permitted abortion as a matter of conscience was determined by a vote of:
a) Julius Caesar b) Marco Polo c) Attila the Hun d) Jesus Christ e) Alexander the Great 10. In 2000, Mr. Monopoly became the new name of the game’s official mascot (since 1936). Until then his name was: a) Willie Wannabe b) Baron Buckmeister c) John D. Rockefeller d) Rich Uncle Pennybags e) Yurin Trubble
Answers: 1 B (There are 9 members of the Supreme Court.) 2 C 3 E (Duh!)
Nobel Economics Prize winning Princeton Professor and NY Times columnist Paul Krugman : “We Live in Surreal Times.”
JUNE2012 | THE NETWORK
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general assembly SUSAN HEATH
sheath@lpc.com Susan Heath is a consultant to the Lincoln Property Company and a vital member of Dallas IREM.
Dallas Mayor Mike Rawlins Addresses Joint IREM®/AAGD Luncheon
I
n February, Dallas Mayor Mike Rawlins addressed a joint membership luncheon of the Dallas Chapter of IREM and the Apartment Association of Greater Dallas at the Doubletree Hotel in North Dallas. He outlined how the police department works with residential managers to decrease crime at their communities; at one North Dallas community, occupancy soared from 50% to 92% after the Mayor Mike Rawlins program was instituted. The mayor spoke about: how the new Omni Hotel which serves the Dallas Convention Center is performing at 150% of plan; the ribbon-cutting ceremony for the Margaret Hunt Hill Bridge which occurred in March; Belo Garden, which will open this spring; Main Street Garden, which is being developed; the opening of the Woodall Rogers Park and the Perot Museum in the fall; the Performing Arts Complex opening; and, next spring, a new Children’s Garden at the Dallas Arboretum, which will be the largest in the world. There’s a lot (a lot of GOOD things) happening! Success is not without challenge, said the mayor, as he outlined two issues of importance facing Dallas over the next two decades: education and how we continue to grow the city. The #1 and #2 performing high schools are in Dallas. While we perform well at the top end, Rawlins feels that underperforming kids are The Margaret Hunt Hill Bridge is one of three Santiago Calatrava-designed bridges still at risk. He emphasized the need being built over the Trinity River in Dallas to develop southern areas of the city, as part of the Trinity River Project.
citing that 85% of the tax base for the city and 55% of the population is in North Dallas, while just 15% of the tax base and 45% of the population is in South Dallas. Just increasing the property values 30% (to what the northern values are) would result in an additional $75 million in tax revenues, he pointed out, while outlining a three-year plan to drive property values up 50% in those areas. This, he suggested, should be viewed as an investment opportunity. With crime down 38% in South Dallas, it is statistically safer to live in North Oak Cliff than in North Dallas. Rawlins has a ten-point to-do list (see chart showing the top five), and he spoke with enthusiasm and determination. He also highlighted five projects key to Dallas. He left the group with a final note that there is a continued sense of growth and optimism in Dallas, as reflected by a recent poll indicating that 65% of the people in Dallas feel the best is yet to come. n
IREM Happenings
The IREM Dallas and Fort Worth leaders together in Washington, DC
Clint Montgomery, IREM Fort Worth President (left) and Duane Rettig, IREM Dallas President (right) presented the Emeritus Award to Piers Chance, CPM
Brian Watkins and Ginny Goldsmith, CPM of the IREM Young Professionals manned the IREM booth at crestEXPO
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THE NETWORK | JUNE2012
Jennifer Houston Scripps, Director of Strategic Initiatives for the Perot Museum of Nature & Science addressed the April meeting. (The September issue of the network will feature the Perot Museum in the Amazing Buildings section.)
IREM’s Casino Night raised $8000 to benefit the troops President Duane Rettig swears in Scott Stovall, CPM, Gus Boukarroum, CPM and Rebecca Cvar, CPM
IREM® Fort Worth
Chapter President Clint Montgomery with IREM Regional Vice President Dawn Daffinee
The Institute of Real Estate Management (IREM) recently recognized Fort Worth Chapter 103 (one of 93 IREM chapters worldwide) as a five star chapter. The Star Recognition Program identifies chapters providing valuable member services and programs. Clint Montgomery, Vice President of Sperry Van Ness/Visions Commercial in Fort Worth, TX, is the chapter’s president. “It is an honor for our Fort Worth Chapter to receive the 5 Star Chapter recognition from the Institute of Real Estate Management for 2011,” said Montgomery. “The Fort Worth membership and its leaders worked hard, had fun, and are grateful for the opportunity to successfully contribute to the community and support industry goals.” Congratulations to all the members of IREM Chapter 103!
Wine and Art Chapter members enjoyed a special event at Milan Gallery just off Sundance Square. Fittingly, several people (whose cards were randomly drawn from a bowl) won passes to the Kimbell Art Museum. President Clint Montgomery and Chapter Administrator Mandy Mahoney
Steve Wilschetz, (Superior Landscapes) and his bride
MG Cox, (Image Building Services) and his bride
JUNE2012 | THE NETWORK
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general assembly NICK NICHOLAS
nick@nicholasco.com Nick Nicholas, CRE, CCIM, MAI is a commercial real estate broker, investor, counselor and consultant with 34 years in the commercial real estate industry.
T
he last four years have taken us through, and brought us to, an interesting market reality characterized by inconsistent juxtaposition. The entire commercial real estate market has suffered since 2008, with across-the-board drops in property and improvement values (albeit with a slightly muted impact in Texas). And, for the most part, the recovery has not been even in all asset types and classes. The technology industry has bounced back, to be sure, with Apple vying with Exxon to be the largest company in the world (by market capitalization) and smaller innovators returning to the market; however, the financial and most real estate sectors continue to see anemic growth and have not returned to their pre-2008 levels. Even within particular sectors we have seen an uneven recovery. In the financial sector, smaller institutions struggle to consolidate and purge bad assets; larger ones face issues of liability over mortgage lending and uncertainty over future margins from fee-based income. In real estate, this dichotomy has emerged as an unequal return to prior value across property classes. Class A properties, at least in the North Texas market, have largely returned to their historic 2007 prices, while most B and C property values have continued to struggle to return to a sustainable equilibrium. Identifying the source of an inconsistency like this is difficult, but it is likely the result of bank lending and investor risk appetite.
SHOW ME THE MONEY
lending institutions, as the low borrowing costs allow for a decent margin on government securities. With a decent ‘risk-free’ return and a de facto penalty on increasing real estate lending, it’s no mystery that banks are decreasing their portfolio allocation of real estate loans in favor of less risky investments that also provide a not-so-trivial return.
LOCATION MATTERS
The second salient aspect is real estate investors’ aversion to risk. While class A properties carry less risk (though theoretically a correspondingly lower return), class B and C properties might involve the risk of stagnating or dropping prices, especially given the fact that their values are dependent on the ‘micro-economy’ of their geographically immediate market areas. This confluence of factors has worked against the real estate market over the past few years, but it also represents opportunity for those willing to put in additional effort. Local financial institutions that have resolved their asset issues are willing to offer competitive rates for well-planned and adequately equity-financed projects - and compressed prices on class B and C properties can offer attractive returns for savvy investors. In fact, according to a recent report by CoStar, which tracks certain indices related to the commercial real estate market, although the investment-grade real estate was faster to rebound and stabilize after 2008, the demand and net absorption rates for general commercial property actually caught up with and exceeded those for investment-grade properties in 2011. This suggests that while investment-grade capitalization rates are still lower than expected when compared with commercial property in general, we should expect a convergence over the next two years. Ultimately, the equilibration of capitalization rates will be driven by disappearing disparities in value, as real estate lending returns to the ‘new normal’ and investors begin taking advantage of the remaining arbitrage opportunities. Until then, the real estate sector should not be avoided by investors; the reward for a little additional research and work may be an outsized return.. n
The issue of lending probably has the larger impact. While politicians and bureaucrats at many levels of government are agitating for increased credit liquidity (including in the real estate sector to bolster property values), they are simultaneously allowing their regulating bureaucracies to criticize and punish lenders for making real estate loans. Despite the fact that, historically, real estate loans have accounted for a large portion of banks’ portfolios, bank investors are still wary of real estate loans, and will discount banks’ valuations based on their individual holdings of real estate-related loans. Capitalizing on the situation, especially with their access to inexpensive capital, these financial institutions may charge higher rates to the lessrisky class A properties, while rationing credit to projects involving class B and C properties. Billionaire Exacerbating these financial institution Warren Buffett lending practices, the Fed’s measures to hold insaid the U.S. economy is “coming back” terest rates low have undercut non-government and doesn’t need more stimuli, despite investment. With bank borrowing costs (the ‘cost of funds’) at all-time lows (near zero for an uneven recovery that mirrors the certain sources), even the low return on treafortunes of businesses at his company, sury securities is an attractive investment for Berkshire Hathaway. Improvement in the
business environment is likely to be reflected by a decline in the unemployment rate, he says, probably to the low 7% range by the November 2012 elections. 22
THE NETWORK | JUNE2012
I wondered why the baseball kept getting bigger. Then it hit me.
An Uneven Recovery
Officers The North Texas CCIM chapter is one of a network of 54 providing benefits to members and enhancing their involvement in CCIM Institute affairs. The North Texas CCIM Chapter encompasses the North Texas and Dallas/Fort Worth Metroplex area and the West Texas district and includes nearly 400 members. The CCIM Institute, through an extensive curriculum, programs and publications, enhances the professional development of those engaged in commercial real estate investment and confers the Certified Commercial Investment Member (CCIM) designation.
President David Schnitzer, CCIM Venture Commercial
Vice President Heather Konopka, CCIM Sperry Van Ness
Treasurer Brad Crumpecker, CCIM Robinson Clay
Secretary Allen Gump, CCIM Colliers International
Past President Susan McClure, CCIM Susan McClure, Inc.
Director: Programs Janice Peters, CCIM Hudson Peters Commercial
Director: Education Mac McClure, CCIM The McClure Group, Inc.
Director: Guidance Debi Carter, CCIM Hudson Peters Commercial
Director: Membership Gaylan Park, CCIM Keller Williams
DIVERSI NS LANGUAGE AS A SECOND ENGLISH
What’s special about this sentence? I do not know where family doctors acquired illegibly perplexing handwriting; nevertheless, extraordinary pharmaceutical intellectuality counterbalancing indecipherability, transcendentalizes intercommunications incomprehensibleness. Answer: Each word is one letter longer than the one before it. The first word has one letter, the second two, and so on. JUNE2012 | THE NETWORK
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general assembly
2012 Annual Meeting and Exposition Discover, Learn, Reflect, Innovate, and Grow
Margaret Hunt Hill Bridge Celebration The debut of The Margaret Hunt Hill Bridge (connecting Downtown to West Dallas over the Trinity River) attracted over 40,000 people from March 2-4, with a once-in-a-lifetime chance to walk and party on the bridge and toast the best new view in town. The weekend of celebration culminated with a spectacular fireworks display.
The ASAE annual event is always BIG!
A
ssociation and nonprofit executives are encouraged to attend the American Society of Association Executives’ Annual Meeting & Exposition (August 11-14 in Dallas). It will begin with two key strategists in the political arena engaging in what promises to be an insightful debate. Democratic advisor James Carville and Republican insider Karl Rove will provide a glimpse into the strategy of running a political campaign, the future of both parties, and how this election may impact associations. Why politics? And what can we learn from Carville and Rove that will foster effective leaders? Putting personal opinions aside, the election will impact associations in some form at the federal and local level. This will be an opportunity to think through concerns within your organization, regardless of advocacy or policy issues. One of the best ways to learn to implement new ideas is thinking ‘outside the box’ and listening to people. Learning takes different forms for everyone. Participants will learn how to tell great stories in Story Slam / Coaching Jam; in Wisdom While You Walk, attendees will exercise and learn at the same time; and meeting planners will get a behind-thescenes look at the sustainability efforts of a local hotel and their meeting space in A Green Safari for Meeting Planners. Author Daniel Pink will provide a new approach to business and sales and how the art and science of selling has evolved. To find out more, visit www.asaecenter.org/annualmeeting. n
John H. Graham IV, CAE ASAE President and CEO
24
THE NETWORK | JUNE2012
James Carville
Karl Rove
JILL MELANÇON
jill.melancon@nationalroofingpartners.com Jill Melançon is the National Account Manager for National Roofing Partners and the president of NAWIC’s Dallas chapter.
Dallas Chapter #2
• Meeting Programs have included: Past President, Rebecca Hicks, Hicks Law Group PLLC on “New Laws Impacting the Construction Industry;” Suzanne Cruz-Sewell, Asst. VP, BD&D for DFW Airport on “Business Diversity & Development at DFW Airport;” Lynn Jones, Market 4 Growth on “Best Practices for using Social Media in Business Applications;” and Mir Ali, P.E., Jacobs Engineering and Brahama Singh, P.E., TxDOT on the installation of the “Woodall Rodgers Deck Park.
• Region #7 Forum was hosted by the Houston Chapter April 13-14, 2012 at the Sheraton Brookhollow in Houston. Sixty-five ladies from Texas and Oklahoma attended workshops, participated in a team-building exercise constructing buildings and listened to keynote speaker Judge Lykos. The Forum ended with the annual awards banquet. Dallas won: 1st Place-PR/Marketing, 3rd PlaceNEF Block Kids, 3rd Place-Construction, Profession & Education, Top 4-Safety & Health and member MaryAnne Doss received a 30-year pin.
• During WIC (Women in Construction) Week March 4-10, 2012, the Dallas chapter hosted a site tour presented by the Beck Group at the Dallas Arboretum and Children’s Garden, a wine and cheese networking event at Times Ten Cellars and a Home Depot workshop, “Learn how to repair toilets and install ceiling fans.”
• The Dallas Chapter hosted its 19th annual golf tournament on April 30, 2012 at Bear Creek Golf Club in Dallas, TX with proceeds benefiting the Texas Scottish Rite Hospital for Children’s Legacy Scholarship Program.
• The Dallas Chapter participated in Crest EXPO, March 30, 2012 not only by having a booth, but by speaking “About NAWIC” to a group at the seminar area. The event was a success again this year. Three ladies, whom attended the EXPO, visited the Dallas Chapter Membership meeting on Monday, April 16, 2012 and have shown an interest in joining the chapter.
• Scholarship Applications are available for college bound ladies, as well as, those educated at trades training programs. Go to the “links” tab at www.nawic-dallas.org to download a copy. Visit a Dallas Chapter #2 Membership Meeting and receive a “Birthday Rose” during your birthday month! As always, NAWIC’s mission is to enhance the success of women in the construction industry! n
Fort Worth Chapter #1
celebrated WIC Week in March with a sleepover at the TEXO office L-R: Sandra Strevel, Corrie Hood, Hilary Dennis, Claudia Wade, Gracie Narey, Pat Meadors, Dena Rowland, Kristen Marcis, Tracy Dalrymple, Kacy Egentowich, Traci Davis, Peggy Bass On the floor: Lara Siegel, Traci Robinson, Holly Green, Donna Nuenberg
JUNE2012 | THE NETWORK
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general assembly
Form Follows Fitness The numbers are in, and they’re big… DALLAS BIG! When DCFA Board member Patrick Glenn raised the idea of a 5K fundraising run, we weren’t completely sure what we were getting into. Common sense said we’d be lucky to have 500 runners and break even on a first-time race. Not everyone was convinced that a race built around Dallas’ architectural icons was different enough. Well, they were wrong! 1,037 registered runners. 50 sponsors. And…drum roll, please…net proceeds of $25,026! That money will go a long way in supporting the public programs DCFA does to advance architecture - films, discussions, walking tours, scholarships and exhibitions. Thanks to everyone! We’ll be back next year. Go to Form Follows Fitness on Facebook (http://www.facebook.com/DallasCFA?sk=page_insights_likes#!/FormFollowsFitness) for the latest updates. Subscribe to the DCFA newsletter (http://dallascfa.com/ contact/mailing-list.html) and join us at a program. n — Greg Brown, Program Director Dallas Center for Architecture
The Dallas Center for Architecture has a schedule full of tours, films, lectures and symposia, and a party or two. Visit DallasCFA.com for the latest details.
ARCHITECTURE FILM SERIES
ARCHITECTURE WALKING TOURS A 90-minute walking tours of the Dallas Arts District on the first and third Saturdays of the month at 10 a.m. Main Street walking tours on the second and fourth Saturdays.
(L-R): Eddie Fortuna; Joshua Fortuna; Katherine Seibert; Jared Rooker; Candace Nixon Photos: Greg Brown
Film screenings and discussions on the second Wednesday of each month.
(L-R): Karen Ray, AIA, 2012 RETROSPECT co-chair; Reid Mulligan, Assoc. AIA, 2012 RETROSPECT Graphic Competition winner; Nadine Crutcher, AIA, 2012 RETROSPECT co-chair (L-R): Howard Pitts; Bronson Blackson; Craig Beneke
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AIA Diversity Recognition Program 2012 Jury
AIA Dallas Latinos in Architecture Win National Diversity Award The American Institute of Architects (AIA) has selected the AIA Dallas Latinos in Architecture (LiA) as the recipient of the 2012 Diversity Recognition Program. The award, to be presented at the 2012 AIA National Convention and Design Exposition in Washington, DC, was established in 2009 to recognize architects for exemplary commitment and contributions to diversifying the profession of architecture. The panel of five jurors were most impressed with AIA Dallas Latinos in Architecture’s variety of programs and events, its three-pronged focus on education, the community, and the profession, and the relative ease with which its initiatives could be duplicated in chapters and firms across the country. “The AIA Diversity Recognition Program showcases how different folks design the processes that meet their needs,” writes 2011 and 2012 juror Clarence Kwan, AIA. “Hopefully, others can learn from these examples and implement their own plans.” The AIA Dallas Latinos in Architecture’s submission will be exhibited at the 2012 AIA National Convention and will be available for viewing online in May. The co-chairs and co-founders of LiA, Lorena Toffer, AIA, Celi Sims, Assoc. AIA, Yesenia Blandon, Assoc. AIA, and Jimmy Castellanos, AIA, will be featured along with the 2012 Whitney M. Young Jr., Award recipient Mortimer M. Marshall Jr., FAIA, during a panel discussion at the convention. The AIA Dallas Latinos in Architecture Committee is the 20th recipient of the AIA Diversity Recognition Program and it is the first for AIA Dallas. LiA, one of over twenty five committees of AIA Dallas, was founded in 2010 with a mission to serve and support the local community by establishing a forum celebrating Latinos in design related professions.
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1. Georgiana Haynes, Associate AIA, is an intern with Hugh Robotham Architect, P.C and Jennifer Swee Architects in New York studying for the Architect Registration Exam. 2. Bob Ingram is a leading marketing and advertising consultant. He currently serves as Publisher of Uptown Professional magazine, a publication targeting corporate urban executives. 3. Ron Kessler, AIA has practiced worldwide for 35 years including stints at Leo A Daly and HOK. He is now with McKissack & McKissack. 4. Clarence C. Kwan, AIA, NCARB, LEED AP is an architect who works in Seattle and San Francisco. He was instrumental in the creation of the Diversity Recognition Program. 5. Beth Tauke is Associate Dean in the School of Architecture and Planning at the State University of New York at Buffalo and Associate Professor in the Department of Architecture.
AIA Dallas Celebrates Architecture Month with “Retrospect” Exhibition
Ana Guerra, Assoc. AIA; Kirk Teske, AIA
Photo: Greg Brown
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Photo: Greg Brown
Photos: Craig Blackmon, FAIA
he annual Retrospect exhibition took place in April at NorthPark Center. About 150 attended the kick-off party at Lombardi’s CIBUS. Retrospect showcases local, national, and international works of Dallas architects and architectural firms through three-dimensional displays designed to provide a glimpse of current trends in architecture. Begun in 1990, Retrospect demonstrates how architects lead efforts to make our city a better place to live, work and play.
(L-R): Zaida Basora, FAIA; Joe Buskuhl, FAIA; Glenn Hitt; Mark Hopper, AIA
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general assembly
Legislative Update Are You in Compliance With New Texas Laws? A Summary of New Bills Effecting the Construction Industry
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midst the political, budgetary and redistricting turmoil of the 2011 session, Texas legislators did pass some bills affecting the construction industry. The TEXO Governmental Affairs committee and staff in conjunction with ABC of Texas and Texas Building Branch-AGC staff worked to insure the best results possible. Presented here is a brief overview. To review the actual bills, go to www.capitol.state.tx.us. Search legislature: 82 (R) – 2011, and type in the bill number, (e.g., HB2093). Click on the “text” tab to view the bill and the “enrolled” bill to see the final version.
CONTRACTUAL RETAINAGE (HB 1390- DESHOTEL):
For claims related to contracts between the owner and general contractor (i.e., subcontracts and purchase orders related to general contracts) dated on or after September 1, the new law relaxes the time when notice of contractual retainage must be sent and when affidavits claiming a lien for same must be filed.
PROMPT PAY INTEREST (HB 345 – KLEINSCHMIDT):
For adjunctions filed on or after September 1, prompt pay interest against a local governmental entity is recoverable.
ATTORNEY’S FEES (SB 539 – CORONA):
For actions brought on or after September 1, to foreclose a mechanic’s liens, recovery of attorney’s fees by the prevailing party is mandatory, except for a losing homeowner, where the judge still has discretion.
ALTERNATIVE DELIVERY (HB 628 – CALLEGARI):
For all projects for which a governmental entity first advertises or otherwise requests bids, proposals, offers or qualifications or makes similar solicitations on or after September 1, the net proceeds of any settlement or award against a contractor for defective work, in many circumstances, must be returned to the state. (The bill consolidates alternative project delivery processes for construction services for most governmental entities into a single chapter of the Governmental Code - Chapter 2267. Examine the bill to see entities which benefited from the numerous carve outs.)
FRIVOLOUS LAWSUITS (HB 274 – CREIGHTON):
Requires the Texas Supreme Court to adopt rules for the early disposition of lawsuits with no basis in law or fact, with attorneys’ fees to the prevailing party. Adopts rules for speedier disposition of lawsuits claiming $100,000 or less. Also provides for the interlocutory appeal (appeal before trial) of some questions of law, and allows the recovery of more fees and costs under certain circumstances where the parties fail to settle.
PUBLIC/PRIVATE PARTNERSHIPS (SB 1048 – JACKSON):
Amends the Government Code by authorizing private entities and other persons to develop or operate projects serving the public safety, benefit, and welfare of citizens in a more timely and less costly manner. (e.g., The bill allows a general contractor to enter into an agreement with a school district to build and pay for a school and then recover its costs through payments over time.) There are a number of “carve outs” in this bill also.
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WAIVER AND RELEASE OF LIENS AND BOND CLAIMS (HB 1456 – ORR):
For all contracts entered on or after January 1, 2012, this standardizes forms for the waiver or release of lien and payment bond claims. (The forms are included in the text of the bill.) It also prohibits waiver of lien claims and payment bond claims in advance.
CONSOLIDATED INSURANCE PROGRAMS (CIP) /INDEMNITY (HB 2093 – THOMPSON):
For all original contracts (and related subcontracts, purchase orders, etc.) between an owner and general contractor entered on or after January 1, 2012, the bill: • Requires any CIP providing general liability coverage to provide three years of completed operations coverage. • Prohibits (as against public policy) a provision requiring a person to indemnify, hold harmless, or defend another party to a construction contract or a third party against a claim for property damage, bodily injury, or death, caused by negligence or fault, the breach or violation of a statute, ordinance, governmental regulation, standard, or rule, or the breach of contract of the indemnitee, its agent or employee, or any third party under the control or supervision of the indemnitee, except to the extent that a claim for bodily injury or death is made by an employee of the indemnitor, its agent, or its subcontractor of any tier. • Prohibits a provision in a construction contract that requires the purchase of additional insured coverage, or any coverage endorsement, or provision within an insurance policy providing additional insured coverage to the extent that it requires or provides coverage prohibited by the bill. [Carve outs are listed in the bill.] For additional information on these new laws or activities of the 82nd Legislature, contact Jack Baxley, TEXO Vice President of Governmental Affairs at (972) 647-0697 or jack@texoassociation.org. n Information provided by TEXO TEXO: (Latin) to build; to weave; to construct.
ASK AGAIN LATER
Data DIGest CONSTRUCTION EMPLOYMENT inched down (by 7,000) for the second straight month in March to 5,551,000. This was a gain of 55,000 (1.0%) from March 2011, the seventh consecutive month of year-over-year gains. Nevertheless, industry employment was still 1,000 below the level of March 2010. THE UNEMPLOYMENT RATE FOR FORMER CONSTRUCTION WORKERS fell to If you watch a game, it’s fun; if you play it, it’s recreation; if you work at it, it’s golf.
17.2% (1,431,000 workers), not seasonally adjusted, from 20.0% (1,695,000) in March 2011 and 24.9% (2,440,000) in March 2010. The two-year drop in unemployment, while construction employment remained virtually level, implies that workers are being hired into other industries or are retiring, returning to school, or quitting the labor force, rather than waiting for rehiring by contractors. CONSTRUCTION SPENDING in February totaled $809 billion at a seasonally adjusted annual rate, down 1.1% from the downwardly revised January total but up 5.8% from February 2011, the Census Bureau reported. PUBLIC CONSTRUCTION SPENDING edged down 1.7% for the month and 1.4% for the year. NEW CONSTRUCTION STARTS jumped 23% from February to March at a seasonally adjusted annual rate, McGraw-Hill Construction reported. “… public works construction and housing showed modest improvement … but nonresidential building lost further momentum. For the first three months of 2012, the amount of total construction starts on an unadjusted basis was… down 3% from a year ago. For the 12 months ending March 2012 [vs. the previous 12 months], total construction starts were basically unchanged.” Another modestly positive indicator for future construction came from the March Architecture Billings Index, a monthly survey of 750 architecture firms that measures the difference between the share of firms that reported higher billings less those reporting lower billings from the previous month. The American Institute of Architects reported that the index was slightly above the breakeven level of 50 for the fifth consecutive month. Multifamily and office construction may diverge further, rental data imply. “Average APARTMENT RENTS rose by 2.7% [in the first quarter from a year ago] while the national vacancy rate dropped below 5% for the first time since 2001,” the Wall Street Journal reported, citing real-estate research service Reis, Inc. “The national VACANCY RATE IN THE OFFICE MARKET fell slightly to 17.2% at the end of March, from 17.3% in the fourth quarter of 2011.” Looked at another way, businesses added about 6 million square feet of space during the quarter in the 79 U.S. markets tracked by Reis. That’s a bit more than the quarterly average of 5.1 million last year…. Asking office rents ticked up 0.5%.”
DIVERSI NS IMPUNITY
What’s all this talk about unity for imps? I’m all for it! JUNE2012 | THE NETWORK
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general assembly
The Butler Burgher team won 1st place. (L-R): Drew Childress, Chris Roach, Diane Butler and Justin Teel. Their 16 under par score earned them each a trophy and a gift certificate to the pro shop at Gleneagles Country Club
(L-R): Maschera Usrey, Cushman & Wakefield- Co-Chair, Carla Machulis, Henry S. Miller- Co-Chair, Rebecca Tudor, Twinrose Investments- 2012 CREW Dallas President, Paula Nelson, Cushman & Wakefield- Classic Chair
Scenes from The Helicopter Golf Ball Drop
The 2012 CREW Classic Committee
The CREW Scene CARLA MACHULIS (Henry S. Miller) leased the top full floor at Adolphus Tower to a CBD law firm. She also represented Education in Action in the purchase of a 6,000 sf facility for their school in Wimberley, Texas. KELLIE DAVIDSON (Coppermark Bank) closed a $8.4 million construction and mini-perm loan in December 2011 with US Memory Care LLC. This financing is to build a 58,000 sf memory care facility in Colleyville, Texas to provide an upscale environment for 75 residents in large private and semi-private rooms. DIANE BUTLER (Butler Burgher Group LLC) was the appraiser for this transaction. SHARON FRIEDBERG and MELANIE HUGHES, senior vice presidents of Bradford Commercial Real Estate Services, represented the landlord in Furstenwerth + Bagley Design Inc.’s lease of 1,947 SF of office space at 5465 Blair Rd., Dallas (from Penny P. and Thomas G. Wilson Jr.). LEIGH RICHTER and PAUL RICHTER, also with Bradford, represented the tenant. Friedberg and Hughes also represented the landlord (Liberty Bankers Life Insurance Co.) in its lease of 1,286 SF of retail space in Parkway Centre to A.J. Cartwright LLC ; and they represented Regions Bank in the renewal of MacKenzie S. Bottum & Associates Inc.’s 1,092 sf office space in Westgrove Air Plaza in Addison. SANOBER SYED and CINCHA KOSTMAN (Hudson Peters Commercial) have been awarded the leasing assignment for Pyramids Office Tower at 9201 North Central Expressway in Dallas. (The Pyramids Office Tower has 145,365 rentable sf, and is owned and managed by Healthcare Realty. MARY BOONE (Herrin Commercial Real Estate) represented HRC Medical Centers in the leasing of 3,100 sf of medical space in Frisco Bridges in Frisco and 3,500 sf of medical space at 12222 Coit Road in Dallas. MICHELLE HUDSON (Hudson Peters Commercial) represented the landlord (Avenue E/Douglas, LP) in the lease of a 50,100 sf industrial/office building at 2800 Avenue E East in Arlington.
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THE NETWORK | JUNE2012
Death is life’s way of saying, “You’re fired!”
CREW Classic Golf Tournament
(L-R): Amanda Nelson,Rebecca Tudor, Liz Allen-Knight, Sally Longroy, Katherine Ratliff, Amy Stanfield, Abby Mackey
Abby Mackey
CREW had its Spring Fling on April 11th at Tootsies Preston Center, discussing how to dress for business success while networking with members and guests. CREW members modeled the latest trends and classics. Attitudes and Attire was there to collect gently used clothes for donation.
Photos by: James Edward Photography
(L-R): Sharon Herrin, Barbara Horn, Mary Stoner Yost
Rebecca Tudo
Amanda Nelson
2012 Future Leaders Executive Council Top Row (L-R): Piper Ogan, Integra Realty Resources; Priya Mydur, P.E., Weir & Associates; Mica Puryear, KW Commercial; Sarah Everett, Transwestern Bottom Row (L-R): Amanda Martin, Southwest Bank; Sarah Ward, Republic Title; Ashley Carter, AUI Contactors; Cheryl McGlothlin, Empire Roofing
Lifetime Achievement Award
2012 Board of Directors
Norma Crow, Hexter-Fair First American Title
President – Karen Kroh President-Elect – Joanna Cloud Secretary - Ginger Johnson Treasurer - Amanda Martin Communications & PR- Keri Redford Legacy of Leadership – Barbara Fife Membership - Scott Welmaker Programs – Becky Eaton Sponsorship – Connie Blake Charities Advisor – Cynthia Bailey
Member of the Year Cynthia Bailey, WindStar Properties
Legacy of Leadership Committee Top Row (L-R): Cynthia Bailey, WindStar Properties (Co-Chair); Barbara Fife, Development Services (Co-Chair), Marlene Beckman, Kensington Properties; Diann Brewer, Community Bank Bottom Row (L-R) Joanna Cloud, Republic Title; Norma Crow, Hexter-Fair First American Title; Ginger Johnson, Legacy Texas Bank; Joy Norton, Southwest Bank.
CREW Future Leader of the Year Piper Ogan, Integra Resources DFW
JUNE2012 | THE NETWORK
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general assembly BETHANN KESSEL
bakessel@businessinteriors.com BethAnn Kessel, an Interior Designer, is a Furniture Account Manager (Education Market) for Business Interiors.
BEST CONSTRUCTION - The Ugly Duckling BEST OF SHOW - The Princess and the Pea.
CRE8 Design Challenge and Fashion Show Showcases Garments with a Fairy Tale theme
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he International Interior Design Association (IIDA) Dallas Fort Worth City Center hosted its 2nd annual CRE8 Design Challenge and Fashion Show in April at eM The Venue (1500 Dragon Street in Dallas). The event is a showcase of the talent in the Metroplex. This year the event benefited Dallas CASA (Court Appointed Special Advocates), a non-profit organization of volunteers who are voices for abused and neglected children in court. “With the support of IIDA Dallas City Center, Dallas CASA will be able to continue to serve abused and neglected children in the Dallas Fort Worth area and help them have safe permanent homes where they can thrive,” said Beverly Levy, Dallas CASA Executive Director. “We are deeply grateful for IIDA’s support in collecting over 5,000 children’s books during the CRE8 Design Challenge and Fashion Show.” “The abused and neglected children Dallas CASA serves have lost ev-
erything that is familiar to them and often are living in a temporary home without the comfort of their familiar things,” Levy added. “A gift of a book can bring a moment of joy for a child victim who just wants to feel normal.” The (22) design teams (110 architects and designers in the DFW area) displayed their talents by deconstructing the typical use of architectural materials and (in 8 days) creating garments that could compete with some of the world’s best-known fashion runway events. This year’s theme was “Fairytales”. Whether inspired by the story’s villain, hero, or damsel in distress, we encouraged design teams to compete to see who had the fairest design of them all. The panel that judged the design teams consisted of Jan Strimple (Jan Strimple Productions), Beverly Levy (Dallas CASA), and Cheryl Durst (Honorary FIIDA, LEED AP, Executive Vice President and CEO of IIDA). n
“Once again we tapped into an amazing source of the next generation of interior design innovators to create garments celebrating the connection between interior design and fashion! This event was generously made possible by our sponsors, underwriters and volunteers whose support gives IIDA the opportunity to continue to create a strong niche for the most talented and visionary interior design professionals and to elevate the profession to the level it warrants.” — Reese White, IIDA’s Dallas Fort Worth City Center Director
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THE NETWORK | JUNE2012
THE ENTRIES
BEST PERFORMANCE - Little Mermaid
FAIRY TALE
DESIGN TEAM
GARMENT UNDERWRITERS
Aladdin Alice In Wonderland
CMA GSR-Andrade Architects
Ann Sacks | TRI-KES Johnsonite | Innovation
Beauty and the Beast
Quorum Architects
Reid Cooper Associates – Carnegie & Skyline Glass
Cinderella
RSVP Design Services
Designtex | Steelcase | Coalesse
Goldilocks and the Three Bears
HOK
Walker Zanger | Standard Textile Company
Hansel and Gretel Callison
Callison
Shaw Contract Group | Maya Romanoff
Jack and the Beanstalk
Perkins+Will
knoxtile | MDC Wallcovering
Little Red Riding Hood
Harris Design
Clarus Glassboards | KSM Associates - Anzea
Peter Pan
idGROUP
stoutGroup | Spinneybeck
Rapunzel
Gensler
Bolyu | JANUS et Cie
Rumpelstiltskin
Jones Commercial Interiors
OFS Brands | Architex
Sleeping Beauty
University of North Texas
Porcelanosa USA | Garrett Leather
Snow White
Leo A Daly
nora systems, Inc. | G.L. Seaman & Company
The Adventures of Pinocchio
HKS
Mannington Commercial | Furniture Consultants Inc.
The Frog Prince
Halff Associates
Daltile | Wolf Gordon
The Gingerbread Man
University of Texas Arlington
Tandus | Bretano
The Little Mermaid
Rogers-Ford | AM Design Associates
Horizon Italian Tile | Koroseal
The Princess and the Pea
IA Interior Architects
P.S. Gerry Inc. | Carpenter-Smith Southwest
The Ugly Duckling
RTKL
Kimball Office | Hossley Lighting
The Wonderful Wizard of Oz
CamargoCopeland
Daltile | Workplace Solutions
Three Little Pigs
University of Texas Arlington
The Mohawk Group | Maharam
(L-R) Lecia Mavros and Alli Vaughan
THE WINNERS / BEST OF SHOW AWARD
JUDGING CRITERIA
2012 WINNERS
BEST OF SHOW Interpretation of Theme (fairy tale)
The Princess and the Pea IA Interior Architects P.S. Gerry Inc. | Carpenter-Smith Southwest
BEST CONSTRUCTION
Construction (how well garment was constructed)
The Ugly Duckling RTKL Kimball Office | Hossley Lighting
BEST PERFORMANCE
The Little Mermaid Rogers-Ford | AM Design Associates Horizon Italian Tile | Koroseal
Runway Performance (how well the model walked down the runway in the garment)
CRE8 Committee Members
Beverly Levy (with mic), and (L-R) Jan Stimple and Cheryl Durst
ABOUT DALLAS CASA Dallas CASA is a nonprofit organization of community volunteers who serve as voices in court for abused and neglected children. CASA volunteers are trained and supervised to advocate for children in protective care and to make recommendations for what is best for each child. A CASA volunteer is often the one constant during a frightening, uncertain time in a child’s life and can make an immediate and critical impact on the life of a child. Sadly, Dallas CASA serves only two out of five abused children in Dallas County. For more information, or to make a (tax-deductible) gift, go to www.dallascasa.org.
JUNE2012 | THE NETWORK
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general assembly DIVERSI NS Better Halves Can you identify these better halves and name their more famous spouses? Answers on pg. 72.
Energy Engineer of the Year
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hilcoat is an expert in boiler, steam and combustion systems, and a recognized authority on large company energy reduction programs. Frito-Lay is an industry leader in energy efficiency. Last year it reported electricity reductions of 22% for each bag of snacks produced (compared to 1999 levels). It has been an Energy Star partner since 2003 and Partner of the Year in 2006. Kevin has been an internal leader applying innovative energy conservation measures on a large scale and has managed numerous major projects resulting in significant energy reductions. One example is the Combined Heat and Power system installed at a Frito-Lay facility in Killingly, Connecticut. This 275,000 square foot facility operates 24/7 processing over 250,000 lbs per day of corn 2011 Recipient: Kevin and potatoes for snack foods. The Killingly CHP Chilcoat, P.E., CEM, CEA, DGCP, Senior project was developed to reduce total energy costs CSDP, Principal Engineer, Fritowhile addressing excessive electric grid congestion Lay/PepsiCo, Plano, TX and reducing the plant’s environmental footprint. A 4.6-megawatt natural gas fired turbine with heat recovery steam generator now serves 100% of the plant’s electric needs and 80% of its thermal needs. Plant natural gas consumption increased 25% but electricity consumption decreased 94% and greenhouse gas emissions decreased by 15%. The CHP system performance has been excellent, with an overall efficiency of 70%. Chilcoat is a registered Professional Engineer and is a certified energy manager, a certified sustainable development professional, a certified energy auditor and a certified distributed generation professional. As we go to press, it was announced that Kevin Chilcoat was also named AEE Region IV, Energy Engineer of the Year. Congratulations, Kevin!!
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Energy Professional Development of the Year 8 9
For outstanding accomplishments in promoting the practices, principles of energy management and development, and for superior service to the association. Kramer was recognized for his work leading the NTAEE scholarship program and for the development of local student chapters of AEE. He has been an AEE and NTAEE member since 1986. Under his leadership, the scholarship committee has awarded 60 scholarships totaling $53,300. Those students have received an additional $23,000 from the AEE Foundation, meaning that a total of over $76,000 in scholarship funds have been awarded to students in Texas studying energy related fields. But what really set Kramer apart this year was the work he did developing student chapters. He is now the chair of the student chap- 2011 Recipient: Lawter development committee and continues orga- rence A. Kramer, P.E., CEM, LC, Energy Enginizing and managing this notable effort. neer, Dallas/Fort Worth As we go to press, it was announced that Larry International Airport Kramer was named the AEE Region IV winner in Board, DFW Airport, TX the same category. Congratulations, Larry! n
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THE NETWORK | JUNE2012
The things that come to those who wait may very well be the things left behind by those who got there first.
Presented for outstanding accomplishments in promoting the practices, principals and procedures of energy engineering, and for superior service to the Association.
NAIOP
Old, cracked, worn concrete? Multiple concrete pours?
NAIOP held the Seventh Annual “Texas Shoot-out” Real Estate Challenge. Graduate students were given ten days to craft a conceptual plan, development budget, cash flow analysis and financing commitment for the largest developable site in Dallas -- Reunion/Union Station. The eight MBA programs across Texas that participated were: University of Texas Arlington, Rice, Texas Tech, A&M, Baylor, University of Texas Austin, Texas Christian University and Southern Methodist University. Texas Tech won 1st place - $5,000; UT Austin came in 2nd - $2,500 and honorable mention was awarded to A&M and UT Arlington. n
The solution. Make it cohesive !
Innovative Surfaces of Texas Concrete Coatings
Concrete Resurfacing Free Estimates
817-467-1161 www.istexas.net
“Like us” @ facebook.com/innovativesurfacesoftexas and receive a discounted quote! (L-R): George Farish, Howell Beaver,Lauren Partovi, Andres Galindo, J.W. Fields
(L-R Front): Nathan Beaman, Jeff Peanick, Tyler Clayton (L-R Back): Lee Mazurek, Jason Turnbow, Eric Hendrickson
NAIOP North Texas Announces Its Office and Industrial Brokers of the Year
• Landscape • Irrigation • Tree Services • Maintenance
(L-R): Al Sorrels, President Elect NAIOP North Texas, Jack Fraker, CBRE-Industrial Broker of the Year, Russell Cosby, Jones Lang LaSalle -Office Broker of the Year, Pax Glenn, NAIOP North Texas Awards Chairman
817-946-2222 LI #17503
www.smithlawnandtree.com JUNE2012 | THE NETWORK
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general assembly T.J. ERMOIAN, JR.
info@TexasEnergyAggregation.com T.J. Ermoian, Jr. is a PUC licensed Electricity Aggregator/Consultant and the President of Texas Energy Aggregation.
Electricity Contracts
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t has been a decade since retail electricity competition began in Texas, and prices have tumbled to the lowest point yet. Opportunities abound. There are now more energy providers, brokers, and contract options than ever before, but you have to navigate a minefield of potentially expensive mistakes. The market is rapidly changing. • Shop several providers. Check their financial status and PUC complaints before signing. (You might be surprised which ones are struggling) • Predictable loads can get decent, fixed pricing contracts. Don’t pay extra for ‘bandwidth’, or ‘swing’ that lets you use as little or as much as you choose. • Timing is more important than the provider. Being ready to jump on opportune market timing is critical to getting the best deal. • Sometimes professional associations form their own pools. Some get good deals for members, but some are paid to endorse a single provider or broker, and they each take a cut. Compare their offers to others; make sure the terms are not one-size-fits-all and that they meet your needs. • Determine your risk tolerance before taking a chance on variable pricing. • Start shopping early – a year before your current contract expires. Don’t allow yourself to be ‘up against the wall’, especially if your contract ends in the summer. • Don’t try to be an expert by watching natural gas futures. A looming shortage of generation capacity, heat rates, EPA regulations, and a recently raised cap on wholesale pricing are a few new variables that affect pricing. • Electrons are all the same, but contracts and providers can be radically different. Offers may pass a large portion of their risk through to you. • Examine the cancellation penalties in any/every contract.
PREDICTABLE LOADS AND CHANGES
Energy providers purchase a fixed volume of power. Their profitability relies greatly on accurately predicting loads. They must purchase additional power for overage or resell any extra. If you are growing, adding meters, selling properties, or taking efficiency measures, your changing needs could be costly. There could be penalties for changes outside of your contract terms. Any deal you have could be quickly eaten up in penalties, so consider these: • Future plans - consider shorter terms if there are multiple uncertainties or changes ahead for your business. • Load curtailment and efficiency programs might affect your current contract. Some providers offer incentives for reduction at certain times without committing to unplanned interruptions and potential fines. • Transferability of contracts if you are buying or selling properties. A great contract can be an asset and selling tool. Watch for language that forces you to accept the electricity contract with a property, or allows the buyer to stick you with their cancellation penalty.
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ENLISTING PROFESSIONAL HELP
Some brokers are sales channels for select providers that pay them an up-front commission; they often offer little expertise and no ongoing service. A good consultant understands every component of your bill, and has clout with energy providers. He/she will help you manage multiple meters and contracts, and compare current price offers to your contract rate. If the market is up, he/she may be able to get new meters added to your current contract; if it is down, he/she may negotiate better rates on the new meters that will co-terminate with your current contract. A good consultant will save you time, money and liability and will keep up with prices, know the financial condition of providers and the changing market fundamentals. Your consultant should: • Be licensed by the Public Utility Commission, so you have a channel to resolve any issues should the need arise. • Be paid a residual commission through the provider; they only get paid when you and provider stay in business. • Bid multiple providers, and not just offers blended/extended deals. (Electricity is an extremely competitive industry, and better deals are often offered to new (not renewing) customers.) • Have multiple client references. • Be a member of TEPA (Texas Energy Professionals Association). They have met the scrutiny of their peers, agreed to caps on commissions, and receive ongoing industry training. It’s a good place to start. n
Natural Gas Future Prices January 2000 to January 2012
A woman is incomplete until she marries. Then she’s finished.
Opportunities for 2012
METROCON12 Expo & Conference
LAURA McDONALD STEWART
laura@plinthandchintz.com
Breaking Records in Its 10th Year Serving the A&D Industry
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hen sales figures are 10% ahead of schedule, a company is pleased. If they reach 20%, the organization’s leaders rejoice. If numbers surpass the previous year’s by 30%, champagne bottles start popping. For this reason the organizers of METROCON broke open the bubbly this past April. By the end of the second week of booth sales, 299 out of the 388 available booths had already been purchased, resulting in a 33% increase from the same point in 2011. Not only have the trade show’s exhibitor sales been breaking records, but the two-day event also received 20% more continuing education presentation submissions than it did in 2011. Furthermore, 93% of this year’s sponsorships sold in less than 90 days, which reflects the respect that vendors have for the annual show. Now in its 10th year, METROCON Expo & Conference has established a solid reputation as an exceptionally affordable and vital business and career-building venue for the architecture and design industry. Interior designers, architects, facility managers, students, and other vital design industry members convene to learn more about, establish contacts within and see what’s new in the corporate, residential, hospitality, multifamily, retail, healthcare, and institutional design fields. The convention serves as a model for industry collaboration as it is organized through landmark volunteer partnership between the Texas-Oklahoma Chapter of IIDA [International Interior Design Association] and the Texas Chapter of ASID [American Society of Interior Designers]. Due to the extreme dedication of a handful of volunteers who make up the METROCON Committee, as well as the generosity of a variety of show sponsors, prices for both exhibitors and attendees are exceedingly low relative to similar events around the US. METROCON12 will take place at Dallas Market Hall [2200 Stemmons Fwy, Dallas, TX] on Thursday, August 9 and Friday, August 10, 2012. With 200+ vendors, the event is a valuable networking hub for the regional design community and beyond. So join your peers at METROCON12! Online attendee registration runs between June 1 - July 27, 2012, and on-site registration is available for $10 more than online registration fees. Visit the METROCON Expo & Conference website to register for the event and to find out more details, including a real-time
exhibitor list, two-day schedule, discount travel information, social networking links, and more: www.metrocon.info. n
Laura McDonald Stewart, RID, ASID, IIDA, LEED AP is founder and editor of PLiNTHandCHiNTZ.com, The Online Interior Design Magazine, and manages and promotes METROCON Expo & Conference.
JUNE2012 | THE NETWORK
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MarketView Dallas/Fort Worth Office Comparative Unemployment Rates
Lease Rates (Gross, Annual, Avg. Asking, PSF)
11.0%
$24
10.0%
$23
9.0%
$22
8.0%
$21
Class A Class B Overall
$20
7.0%
$19
6.0%
$18
5.0%
$17
4.0%
$16
DFW
Texas
Class A
Direct Total
Net Absorption (SF)
Class B
1Q12
4Q11
3Q11
2Q11
Overall
Under Construction Delivered Construction
Under Construction (SF)
2,500,000
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
4Q08
3Q08
4Q07
2Q08
$15
1Q12
4Q11
3Q11
2Q11
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
4Q08
3Q08
2Q08
1Q08
4Q07
3Q07
3.0%
1Q08
T
he DFW office market set the tone for another solid year of economic growth. The unemployment rates are down by an entire percentage point throughout the region (to 7.1%). Office-using industries in DFW, particularly within the financial and professional services supersectors, have shown considerable growth compared to previous 12-month benchmarks and have consistently eclipsed national averages. As a corollary to the constantly improving job market, vacancy rates continued to decline and net absorption remained positive for the 1st quarter of 2012.
7,000,000
2,000,000
6,000,000
1,500,000
5,000,000
1,000,000 4,000,000
500,000
3,000,000
0 (500,000)
2,000,000
(1,000,000)
1,000,000
1Q12
4Q11
3Q11
2Q11
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
4Q08
3Q08
4Q07
2Q08
0
1Q12
4Q11
3Q11
2Q11
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
(1,500,000)
1Q08
The market has witnessed a sizeable reduction in the cost of borrowing over the past 24 months, resulting in a low interest environment and, the expansion of acceptable collateral.
Direct Absorption (SF)
Dallas/Fort Worth Industrial
D
FW experienced a very strong first quarter of 2012 as indicators continue to trend positive. The area has not experienced negative absorption since the third quarter of 2010 and with 4,764,004 SF of absorption the first quarter of 2012 posted the highest level in that time frame. This absorption has caused the vacancy rates to continue to go down. The DFW unemployment level continues to be lower than Texas (7.2%) and the US (8.3%).
Flex Industrial
Lease Rates (Gross, Annual, Avg. Asking, PSF) $8.00 $7.00 $6.00
The first quarter saw an increase in the number of deals in all size ranges, this increase contributed significantly to the high level of absorption. In addition, vacancy rates have been driven down by low levels of construction. During the first quarter 1,397,077 SF were under construction across the Metroplex and 67,705 SF were completed. Currently there is no speculative development under way.
$5.00 $4.00 $3.00
Flex
1Q12
4Q11
3Q11
2Q11
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
4Q08
3Q08
2Q08
1Q08
4Q07
$2.00
Industrial
Under Construction Delivered Construction
Under Construction (SF)
Direct Vacancy Rate Average Asking Rate PSF
Vacancy Rate vs. Average Asking Rate (PSF)
$4.05
12%
$4.00 11%
18,000,000
$3.95
16,000,000
Vacancy Rate
12,000,000 10,000,000 8,000,000
$3.85 9% $3.80 8%
6,000,000
$3.75
4,000,000
$3.70 7%
2,000,000
$3.65 4Q11
3Q11
2Q11
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
4Q08
3Q08
2Q08
1Q08
4Q07
0
6%
$3.60 4Q07
1Q08
2Q08
3Q08
4Q08
1Q09
2Q09
3Q09
4Q09
1Q10
2Q10
3Q10
4Q10
Under Construction (SF)
Direct Vacancy Rate
38
THE NETWORK | JUNE2012
Average Asking Rate PSF
1Q11
2Q11
3Q11
4Q11
1Q12
Average Asking Rate (PSF)
$3.90
10%
14,000,000
First Quarter 2012
Market Statistics Market Statistics
Hot Topics
Market
(See Map on back)
Net Rentable Area SF
Direct Vacancy SF
Direct Vacancy Rate
Total Vacancy Rate
Average Asking Lease Rate
Qtr Direct Net Absorption
Qtr Total Net Absorption
YTD Total Net Absorption
Central Expressway Dallas CBD East Dallas Far North Dallas Fort Worth CBD Las Colinas LBJ Freeway Lewisville/Denton Mid Cities North Fort Worth NE Fort Worth Preston Center Richardson/Plano South Fort Worth SW Dallas Stemmons Freeway Uptown/Turtle Creek Dallas Total Fort Worth Total TOTAL
12,057,940 29,854,773 5,477,246 36,952,944 9,140,387 29,216,353 19,957,017 4,902,069 16,814,562 1,145,244 1,911,111 3,956,060 19,880,117 7,825,793 1,729,558 16,060,852 10,466,695 189,417,215 36,566,274 227,348,721
2,100,549 8,029,074 670,625 5,659,604 1,258,233 5,752,933 5,165,286 736,245 2,653,475 20,240 275,842 393,638 4,581,833 636,037 274,348 3,071,516 1,643,670 39,030,350 4,742,222 42,923,148
17.4% 26.9% 12.2% 15.3% 13.8% 19.7% 25.9% 15.0% 15.8% 1.8% 14.4% 10.0% 23.0% 8.1% 15.9% 19.1% 15.7% 20.6% 13.0% 18.9%
17.6% 28.0% 12.6% 16.3% 13.9% 20.8% 26.7% 15.1% 19.9% 2.4% 15.0% 10.3% 23.4% 8.2% 16.1% 20.0% 16.5% 20.8% 15.1% 19.9%
$19.59 $19.08 $13.84 $20.10 $24.53 $20.14 $16.62 $17.97 $16.99 $19.03 $15.92 $27.94 $18.01 $18.80 $14.42 $13.46 $28.49 $18.45 $17.50 $17.98
43,149 (71,382) 7,793 266,460 17,332 77,170 (248,273) (1,585) 47,244 4,490 5,112 54,261 339,530 107,605 (22,076) 19,779 121,483 454,728 119,566 768,092
68,296 (129,276) 5,660 233,879 63,050 (38,390) (291,616) 1,345 2,515 (2,889) 4,412 46,839 336,437 119,505 (12,878) 19,779 146,306 542,226 82,761 572,974
68,296 (129,276) 5,660 233,879 63,050 (38,390) (291,616) 1,345 2,515 (2,889) 4,412 46,839 336,437 119,505 (12,878) 19,779 146,306 542,226 82,761 572,974
• Vacancy fell for the
seventh consecutive quarter, coupled with positive absorption. • The overall office asking
lease rate remained relatively flat, while Class A rates continued to increase. • The Dallas/Fort Worth non-
medical office construction pipeline added several projects to tip the 1MSF mark, matching levels not seen since early 2009. • The Metroplex gained
32,600 non-agricultural jobs since the previous quarter, with a 1Q12 unemployment rate of 7.1%.
Dallas/Fort Worth Retail
M
arket fundamentals have improved from first quarter 2011. The first quarter notched 254,201 SF of positive absorption compared to 180,100 SF a year ago. This represents the 7th consecutive quarter of positive absorption. Occupancy rates in the Metroplex have hovered between 90-91%. Direct occupancy held relatively steady, rising 10 bps to 90.6%. Average triple net lease rates for available properties have produced two consecutive quarters of declining rates. After reaching $14.09 PSF during the third quarter of 2011, rates are down to $13.07 PSF. This can be attributed to an ever-tightening supply of class A retail space. This recent demand for top tier space has been helped along by several new retail tenants migrating to DFW’s favorable market conditions. In addition, a recent influx of grocers and “discount” big box retailers has taken place within the area. Approximately 206,785 SF of retail space came onto the market during the first quarter of 2012 - an improvement over fourth quarter’s 164,100 SF. There is currently 1.7 MSF of retail property under construction in the Metroplex. Hot Topics • Net absorption totaled 254,210 SF and is
positive for the 7th consecutive quarter • Overall occupancy rose above rates seen
throughout all of 2011 and continues to trend near historical levels • Deliveries were boosted by significant
additions to the construction pipeline during the 4th quarter of 2011 • DFW’s employment number stands at it’s
Quick Stats Change from last
Yr. Direct Occupancy
90.60%
Lease Rates
$13.07
Net Absorption
254,210 SF
Under Construction
1,719,420 SF
Delivered Construction
206,785 SF
Qtr.
Dallas/Fort Worth Retail Market Inventory (by retail type) Other (Theme/Festival & Outlet) 1% Single Tenant (Free Standing) 12%
Regional & Super Regional Mall 2% Strip Center 24%
Power Center 9%
Community Center 17%
Lifestyle Center 3%
Neighborhood Center 32%
highest point since the recession began and unemployment has dropped as low as 7.1% JUNE2012 | THE NETWORK
39
artchitecture.info
ON THE COVER
John Stephens
surrealism
urrealism is much more than the practice of producing fantastic or incongruous images in art or literature by means of unnatural juxtapositions and combinations. Since the 1920s, it has been affecting the visual arts, literature, film, and music of many countries and languages, as well as political thought and practice, philosophy, and social theory. A French writer and poet, André Breton (1896 –1966) is known as the founder of Surrealism. But what he defined as “pure psychic automatism” has come a very long way. (Automatic drawing is an expression of the subconscious. The hand is allowed to move ‘randomly’ across the paper, creating a ‘drawing’, largely free of rational control. Think - Ouija Board. It requires that the artist have the ability to sustain an essentially vacuous state of mind while drawing. Surrealism stresses letting imagination rule through the use of the subconscious without the hindrances of logic and normal standards. It is antirationalist, playful and spontaneous in spirit, encouraging the expression of imagination through the use of dreams. The work of John Stephens is the epitome of modern surrealism, using a realistic style to paint irrational images. And, as you can readily see, the imagination of the artist encourages and releases the imagination of the viewer. Psychoanalysts Sigmund Freud and Carl Jung had a profound influence on the development of surrealism. Techniques such as automatism (think ‘free association’) assist artists in expressing their sub-conscious as reality in their paintings and literary works. Think Joan Miro, Salvador Dali, Pablo Picasso, MC Escher, and Alexandra Nechita (see Network cover of September 2011). Then think – John Stephens. With his creative use of light, mixture of the real and the unreal, the simple and the complex, and his meticulous attention to detail, surrealism has come a lonnnnnnng way.
S John Stephens is a scholar as well as an artist. Born in Bryn Mawr, Pennsylvania in 1945, he graduated from Dartmouth and, for most of his life has continuously painted in acrylics. He has been represented by galleries from Hawaii to Ireland. During the nineties he worked for Simon & Schuster and a number of other prominent New York publishing houses as well as doing architectural renderings for large resort projects. He has taught painting and the history of art in New Hampshire and Vermont where he now resides. His work is extremely diverse. We only show a smattering of his surrealistic pieces here, but you can visit www.johnstephens. com for much more. His work can be purchased online, through the Southwest Gallery in Dallas and/or through Rima Fine Arts in Scottsdale, Arizona.
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THE NETWORK | JUNE2012
The Captain’s Daughter An inspirational ‘book cover’ and (on the far more important abstract level) an invitation for the viewer to make up a story of his own.
Games of Chance and Levels of Meaning The Rocky Mountains, dotted with ghost towns once filled with hopeful prospectors obsessed with finding untold riches. Most barely made ends meet. Did they ever really notice their majestic surroundings? The little playing pieces represent us pursuing that which is important to each of us on the game board we chose for ourselves, and in which we may not always cross the finish line.
Arrival in Venice Santa Maria della Salute floats over stairs to the Grand Canal. Two young girls have just arrived. Venetian glass, seashells and jewelry lie scattered below the Torre de’Orologio and the Palazzo Santa Sofia. The Doge’s Palace and other buildings along the Grand Canal are recognizable. Modern boats mingle with craft from Canaletto’s time. The Dolomite Mountains form a backdrop behind the columns.
Chrome Skyscraper A computer generated design for a stainless steel skyscraper, executed in an eclectic mix of 1930’s “modern” in the style of the Chrysler Building and a 1960’s Sci Fi book cover.
The Vision Pool Turquoise and silver bead necklaces on the ground form the boundary of a pool of what becomes a vision pool. At sunset, a young woman lies poised between two worlds. The river and the path of sunlight connect through her spine and she reaches down through space to try to make a connection between the two worlds that she must reconcile if she is to find meaning.
Navigator’s Reverie Pondering the very concept of luminescence as form of visual treasure.
Transcendent Voyage A detail from a complex painting, dealing with the ambiguities of interior and exterior space. A fanciful version of the Pantheon. The ship is a metaphor - embarking on an undefined odyssey and the leaving of the familiar. JUNE2012 | THE NETWORK
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(L-R) Jeanette Korab-Gorsky, Helen Derevyanik and (gallery owner) Tal Milan
One of his most admired pieces
The proud new owners of a Picasso
Matisse mingled and posed with the art patrons
Pierre Matisse at work on a new piece
At Milan Gallery Matisse
Following in the footsteps of his famous grandfather, Henri, and his sculptor father, Jean, Pierre Henri Matisse has carved his own niche in the annals of art. Internationally known, he takes pride in the moniker The American Matisse, The Artist of Freedom and Love, a description coined by media critics. He has been credited with starting a new ‘ism’ known as E-motion-alism. Filled with color, energy, and emotion, his paintings, cut outs and drawings are a joy to behold. He is not only an artist, author and speaker but an avid philanthropist, especially targeting children’s needs, giving not only art and financial support, but his time as well.
Arvid
OUR NEXT ISSUE
Charles Fazzino - 3D Pop Art
A celebration of the beauty of wine and the special memories made while sharing the perfect bottle. (Thomas Arvid is in the blue shirt in the pictures here.)
I
n our next issue, on this cover and on these pages, we’ll feature the work of Charles Fazzino – The Master of 3D Pop Art. Known worldwide for his detailed, vibrant, and meticulously hand cut and assembled three-dimensional works, Fazzino is one of the most popular and highly-collected pop artists of all time. He has inserted his eye-popping, signature style into the very fabric of popular culture and his works are exhibited in hundreds of fine art galleries and museums worldwide. He has received many private and important commissions and has been selected as the official artist for events such as The Super Bowl, Major League Baseball All-Star Game, OpSail 2012, and the CMA Awards. See the entire collection at www.fazzino.com .
Western Night An evening featuring oil paintings, acrylics and sculptures by local artists who favor a western motif. Architectturned-full time artist Kyle Martin (pictured left) was among those there to meet and discuss their work.
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THE NETWORK | JUNE2012
TALON MILAN
tal@milangallery.com
If you hear a voice within you saying, “You are not a painter,” then by all means paint…and that voice will be silenced (Vincent Van Gogh)
Your Art Doesn’t Have to Match Your Couch
Talon Milan is the director and owner of Milan Gallery, located in downtown Fort Worth at 408 Houston Street. For more information regarding the art of collecting art, please call 817.338.4278.
(but it should match your car) esigners are in the business of tying and bringing together your décor to match or blend with the furniture of your home. This is not necessarily correct. In the art world, it is not a secret that your art doesn’t have to match your couch, yet 90% of homes tend to do just that. It almost an epidemic to see furniture blending with tans, taupes, and non-colors in many homes today. Why are so many people not running on all cylinders? There is a disproportionate number of people who drive luxury automobiles and live in beautiful homes, yet fill those homes with cheap posters, lithographs, collectables, walls of family collages, diplomas, and reproductions. What a blown gasket this is! This is like driving a 7 series BMW or a LFA Lexus and settling for a Yugo on the wall. Don’t you want, crave and deserve better? If you enjoy the quality of life, find it. We spend more time at home in the 2000’s, yet have nothing more than a sconce of colored floral arrangement on the walls. Over fireplaces, in a living room, dining room, or a large kitchen – these are the most important locations in a home in which to enjoy fine art. Every home is different (in terms of how it is designed) – even if the layout is nearly identical to another. You need to create indoor qualities to match your home to your car, because (the chances are) you gave a lot of thought to your car selection (and it’s style, appearance and class is a reflection of you).
D
YOU GET WHAT YOU PAY FOR
For 30 years I have seen wealthy, and famous individuals, with huge homes and many cars (worth hundreds of thousands of dollars) skimp when it comes to the quality of art decorating their most important possession – their homes. Consider the following: Hobby Lobby means made in China, and China is not a fashionable art gallery. The proliferation of metal wall décor is not a good thing (in terms of taste, style and design). Look at these models of cars you drive as a status equivalent of where you should be in quality of the art you acquire to decorate your home.
How do you match up? Note: Peoples’ tastes differ, and there is no right or wrong when it comes to taste – but in every category of art, there are standards of quality. Match your class of automobile with how much you should expect to spend.
Category A - Exotic
Category B
$10,000-$30,000
$3,000-$10,000
per piece of art
per piece of art
• Mercedes 505 AMG
• Corvette
• BMW 7 Series
• Jaguar
• Lexus LFA 201s
• Volvo
• Aston Martin
• Navigator
• Maserati
• Hummer • Lexus SLS • Cadillac
Category C
Category D
$1,000-$3,000
$200-$800
per piece of art
per piece of art
• F-150s
• Ford Focus
• Chryslers
• Corolla
• Camry
• Kia
• Charger
• Hyundai
• Suburban • Avalon
THERE’S SOMETHING FREUDIAN ABOUT IT
Many Americans live a lavish lifestyle - fine cars, large homes (or a home and condo), fine dining weekly. Yet, they will not buy art for more than the cost of a good bottle of wine. They claim not to be into art, or not to understand it. These are excuses, not reasons. That same person (is that you?) understands and appreciates quality – in clothing, cars, fine dining, good wine – even in good friends. It only makes sense that the most integral part of creating the ambiance (the art) in your home should be reflective of you as you see yourself and as you want others to see you. Treat yourself to nice art. We all enjoy our stay-at- home, relaxation days. Your art will become like a great lifelong pet that you will see and enjoy differently each day. You know you wouldn’t drive up to a charity event in a jalopy (or furnish your home or office from a garage sale), so start thinking about your home the same way. Quality artwork will give you a real sense of pride and happiness - something to share, brag about and possibly re-sell for a good amount, unlike inexpensive artifacts, and old broken-down cars that get nothing by way of return. Match your art to the quality of your car, not your couch. Join the redefining of wealth; art is forever. It only takes one purchase of fine art each year to be a collector. Does your art match you car? n
Representative works from the three artists; (above) Alexandra Nechita, (right) Peter Max and (top right) Ginny Herzog whose work graced the last 3 covers of the network.
JUNE2012 | THE NETWORK
43
“ I’m einrcial Comm Property ”
» cover feature
“Really? Are you wearing it ? Are you bath ing in it? Do y ou sleep in it? When y ou go home a t night, are you in resident ial property? ”
“Okay, I’m in commercial office property in Austin.” “Do you occupy commercial properties?” Lease them? Manage them? Repair or maintain them? What exactly do you do?” What types of properties?” “Commercial.” “Hotels? Restaurants? Retail? Malls? They’re all commercial properties. Sports facilities? That would be cool. Theaters? Are you in theaters? (Now Playing….) Playgrounds? Hospitals? Medical facilities? Industrial parks? I know, I know – cell towers? You’re in cell towers!” “NO!’ “Cemeteries? Churches? Kennels? Zoos?” “NO!!!!” “What then?” “Office buildings. OFFICE buildings!” “Ohhhhhhhh. And what do you do in commercial office buildings? (Mop?)” “I sell them, and sometime I lease them.” “So you own commercial office buildings?” “No. I sell them.” “How can you sell what you don’t own? Is that legal?” “I sell for others. Yes, it’s legal.” “So actually you’re in other people’s commercial property? ….and you’re really not even in it at all.” “I give up.” “Perhaps you should. It’s a tough market out there.”
O
bviously, the phrase “in commercial property” doesn’t say much – or, at best, it doesn’t convey much clearly. All improved real estate is commercial, residential or governmental. It can be a mixture of these, of course, but commercial property is far and away the most diverse of the groups. (Even a residential property can serve a commercial purpose, as anyone who has had a TV show, a commercial or a movie shot at one of his/her properties can attest.) And since almost all of the diverse areas of commercial real estate represent areas of specialization unto themselves, we got to some (dysfunctional) thinking . . .
Commercial Real Estate It’s Everywhere!
44
THE NETWORK | JUNE2012
I GAVE AT THE OFFICE
Everyone knows that commercial office buildings are commercial properties, but from there the definitions are (understandably and perhaps deliberately) vague. It’s sort of like a net, double net or triple net lease; there’s no absolute definition (and, in fact, the meaning varies from place to place). According to BOMA, Class A office buildings are the “most prestigious buildings competing for premier office users with rents above average for the area.” They have “high quality standard finishes, state of the art systems, exceptional accessibility and a definite market presence.” Class B office build-
ings compete “for a wide range of users with rents in the average range for the area.” They have “adequate systems” and finishes that “are fair to good for the area,” but don’t compete with Class A buildings for the same prices. Class C buildings are targeted to “tenants requiring functional space at rents below the average for the area.”
in which you can work in agriculture to feed yourself. Just make sure the cow is willing before you become udderly dependent on it.
HE’S AN ANIMAL!
A zoo is an artificial (personmade) habitat for animals and birds. It falls under the category of tour-
E-GOD! ARE CHURCHES ACTUALLY COMMERCIAL REAL ESTATE?
Yes…and no. They don’t pay taxes, obviously, but they do collect money and they have most of the operating concerns of other (more traditionally thought of as) commercial properties. Sometimes they have schools attached – and, yes, schools are a type of commercial property. (If you were a troublemaker in school, it may have felt like you ‘lived’ in detention, but that didn’t make the school residential.) Church financing or refinancing (for construction or build-outs) is VERY different from what we consider to be ‘normal’ financing – and most banks won’t touch it. For starters, the qualification process is based on the church’s ‘tithes’ (which are considered to be the income of the church). And the one who signs on the dotted line in a church loan is usually the pastor. Since it’s not unusual for a pastor to relocate to another church (and a church is not a corporation), you can understand why the documents are different. Understandably, too, it would not be good public relations for a bank to foreclose on a church; it is a very specialized market place.
A GRAVE BUSINESS. IT’S A PLOT!
Speaking of a specialized marketplace…consider cemeteries. They’re most certainly commercial property – and obviously very specialized, so much so that most states have regulations to assure the public that once their loved ones are committed to a commercial cemetery, they are protected from business failure. Do I want my leasing agent to do a comparative analysis of burial space prices? Do you think he or she knows how to test the soil and water tables? And are you prepared to deal with the zoning and health departments? Maybe you should just consider…
BUYING THE FARM
Not as in ‘kicking the bucket’, but as in becoming a commercial farmer, producing crops for sale and profit, maybe even using a small amount of it yourself. (We’re speaking of legal crops here, or fisheries or ranching.) You’re a big thinker? Think commercial agriculture, large-scale production of crops for sale, intended for widespread distribution to wholesalers or retail outlets. Wheat, maize, tea, coffee, sugarcane, cashew, rubber, banana, cotton, livestock – you name it! Commercial agriculture differs significantly from subsistence agriculture; its main objective is achieving profits through economies of scale, specialization, etc., etc., blah blah blah.
DAIRY AIR
Had enough of trying to milk the system and want to escape the rat race altogether? Subsistence agriculture is an economic model
ism and, like other aspects of tourism (travel, hotels, etc.) is – by definition - commercial. A sanctuary is not man (or person) made; it is created naturally as the residence for birds and animals, something they create by/for themselves for their own safety. When people step in to sell tours, it too, becomes commercial property. It’s all about the buck, deer.
I’M (A) REAL ESTATE BARREN. I DON’T OWN ANY!
It’s probably mostly those who are in sales or leasing who would say ‘I’m in commercial real estate,’ and think that explained an occupational pursuit. And, ironically, those folks are actually only in the property when it’s for sale (or lease) and until they or someone else finds a buyer for it. Your network is much broader than that! Hotels, theaters, cafes, restaurants, malls, farms, zoos, cemeteries, churches, stores, office buildings, industrial parks, warehouses, distribution centers, cell towers, museums, hospitals, nursing homes, garages, parking lots, sports facilities, private schools, multi-family housing – the list is virtually endless. And from there, it’s only one degree of separation before you get to title insurance companies, real estate attorneys, property and casualty insurance brokers, product and service suppliers and on and on and on. We think of the ‘cycle’ of commercial real estate as beginning with a developer who calls upon a whole host of professionals - a surveyor, title experts, lawyers, risk managers, engineers, architects, and more. Then, together, they work with the general contractors and construction companies. Once the shell of the commercial property is completed, there’s likely to be need to bring in interior designers, project and property managers and brokers. And after the property is ‘opened’… well, then it just depends upon what kind of property it is. Obviously there will be all kinds of staff, often with very diverse skill sets. In one way or another, they’re all in commercial real estate. Whether you find yourself in the development cycle or the life (maintainance) cycle of a property, almost no matter what you do, you, too, are in (and impacted by) commercial real estate. So… ‘how are things in the real estate market?’ n Special to the network
JUNE2012 | THE NETWORK
45
W
Wabi-Sabi
abi-sabi is the Japanese art of finding beauty in imperfection and profundity in nature, of accepting the natural cycle of growth, decay, and death. It’s simple, slow, and uncluttered - and it reveres authenticity above all. Wabi-sabi is flea markets, not warehouse stores; aged wood, not Pergo; rice paper, not glass. It celebrates cracks and crevices and all the other marks that time, weather, and loving use leave behind. It reminds us that we are all but transient beings on this planet-that our bodies as well as the material world around us are in the process of returning to the dust from which we came. Through wabi-sabi, we learn to embrace liver spots, rust, and frayed edges, and the march of time they represent. Wabi-sabi is underplayed and modest, the kind of quiet, undeclared beauty that waits patiently to be discovered. It’s a fragmentary glimpse: the branch representing the entire tree, shoji screens filtering the sun, the moon 90 percent obscured behind a ribbon of cloud. It’s a richly mellow beauty that’s striking but not obvious, that you can imagine having around you for a long, long time - Katherine Hepburn versus Marilyn Monroe. For the Japanese, it’s the difference between kirei-merely “pretty”-and omoshiroi, the interestingness that kicks something into the realm of beautiful. (Omoshiroi literally means “white faced,” but its meanings range from fascinating to fantastic.) It’s the peace found in a moss garden, the musty smell of geraniums, the astringent taste of powdered green tea. My favorite Japanese phrase for describing wabisabi is “natsukashii furusato,” or an old memory of my hometown. Daisetz T. Suzuki, who was one of Japan’s foremost English-speaking authorities on Zen Buddhism and one of the first scholars to interpret Japanese culture for Westerners, described wabi-sabi as “an active aesthetical appreciation of poverty.” He was referring to poverty not as we in the West interpret (and fear) it but in the more romantic sense of removing the huge weight of material concerns from our lives. “Wabi is to be satisfied with a little hut, a room of two or three tatami mats, like the log cabin of Thoreau,” he wrote, “and with a dish of vegetables picked in the neighboring fields, and perhaps to be listening to the pattering of a gentle spring rainfall.” In Japan, there is a marked difference between a Thoreau-like wabibito (wabi person), who is free in his heart, and a makoto no hinjin, a more Dickensian character whose poor circumstances make him desperate and pitiful. The ability to make do with less is revered; I heard someone refer to a wabibito as a person who could make something complete out of eight parts when most of us would use ten. For us in the West, this might mean choosing a smaller house or a smaller car, or-just as a means of getting started-refusing to supersize our fries. The words wabi and sabi were not always linked, although they’ve been together for such a long time that many people use them interchangeably. Wabi refers to harmony, peace, tranquility, and balance. It has come to mean simple, non-materialistic, humble by choice, and in tune with nature. Someone who is perfectly herself and never craves to be anything else would be described as wabi. A wabi person epitomizes Zen, which is to say, he or she is content with very little; free from greed, indolence, and anger; and understands the wisdom of rocks and grasshoppers.
Robyn Griggs Lawrence is the author of The Wabi-Sabi House and Simply Imperfect: Revisiting the Wabi-Sabi House. The editor-in-chief of Natural Home magazine from 1999 until 2010, she writes and speaks on topics ranging from eco-building to healthy homes and has run successful blogs at the Huffington Post, Care2.com and Mother Earth News, where she served as editor-at-large. The Conservation Research Institute called Lawrence “one of the best-informed advocates of natural living in America.”
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photos by: Joe Coca
Sabi by itself means “the bloom of time.” It connotes natural progression tarnish, hoariness, rust - the extinguished gloss of that which once sparkled. It’s the understanding that beauty is fleeting. The word’s meaning has changed over time to today’s “to grow old.” Sabi things carry the burden of their years with dignity and grace: the chilly mottled surface of an oxidized silver bowl, the yielding gray of weathered wood, the elegant withering of a bereft autumn bough. An old car left in a field to rust, as it transforms from an eyesore into a part of the landscape, could be considered America’s contribution to the evolution of sabi. An abandoned barn, as it collapses in on itself, holds this mystique. There’s an aching poetry in things that carry this patina, and it transcends the Japanese. We Americans are ineffably drawn to old European towns with their crooked cobblestone streets and chipping plaster, to places battlescarred with history much deeper than our own. We seek sabi in antiques and even try to manufacture it in distressed furnishings. True sabi cannot be acquired, however. It is a gift of time. So now we have wabi, which is humble and simple, and sabi, which is rusty and weathered. And we’ve thrown these terms together into a phrase that rolls off the tongue like Ping-Pong. In home decor, wabi-sabi inspires a minimalism that celebrates the human rather than the machine. Possessions are pared down, and pared down again, until only those that are necessary for their utility or beauty (and, ideally, both) are left. What makes the cut? Items that you both admire and love to use, like those hand-crank eggbeaters that still work just fine. Things that resonate with the spirit of their makers’ hands and hearts: the chair your grandfather made, your six-year-old’s lumpy pottery, an afghan you knitted yourself (out of handspun sheep’s wool, perhaps). Pieces of your own history: sepia-toned ancestral photos, baby shoes, the Nancy Drew mysteries you read over and over again as a kid. Wabi-sabi interiors tend to be muted, dimly lit, and shadowy-giving the rooms an enveloping, womblike feeling. Natural materials that are vulnerable to weathering, warping, shrinking, cracking, and peeling lend an air of perishability. The palette is drawn from browns, blacks, grays, earthy greens, and rusts. This implies a lack of freedom but actually affords an opportunity for innovation and creativity. In Japan, kimonos come in a hundred different shades of gray. You simply have to hone your vision so you can see, and feel, them all.
WABI, NOT SLOBBY
Wabi-sabi can be exploited in all sorts of ways, and one of the most tempting is to use it as an excuse to shrug off an unmade bed, an unswept floor, or a soiled sofa. A solid yellow line separates tattered and shabby, dust and dirt from something worthy of veneration. Wabi-sabi is never messy or slovenly. Worn things take on their magic only in settings where it’s clear they don’t harbor bugs or grime. One senses that they’ve survived to bear the marks of time precisely because they’ve been so well cared for throughout the years. Even the most rare and expensive of antiques will never play well in a house that’s cluttered or dirty. “It is enough if the house does not leak and the food keeps hunger away. This is the teaching of the Buddha - the true meaning of chado.” Is this unAmerican? There exists in all of us a longing for something deeper than the whitest teeth, sparkling floors, and eight cylinders. What if we could learn to be content with our lives, exactly as they are today? It’s a lofty thought...but one that’s certainly worth entertaining. You can start cultivating this mindset in small ways. Read more... by reading the wonderful book this came from - The Wabi-Sabi House: The Japanese Art of Imperfect Beauty by Robyn Griggs Lawrence. The book puts it in perspective, using evocative descriptions of modern designs using salvaged materials and (local) artisan wares – all-in-all a unique insight into a true way of life. (It was republished in 2011 as Simply Imperfect: Revisiting the Wabi-Sabi House.) n
Wabi-sabi is the most conspicuous and characteristic feature of traditional Japanese beauty. It occupies roughly the same position in the Japanese pantheon of aesthetic values the Greek ideals of beauty and perfection do in the West. It nurtures all that is authentic by acknowledging three simple realities: nothing lasts, nothing is finished, and nothing is perfect. Wabi-sabi represents a comprehensive Japanese world view or aesthetic centered on the acceptance of transience. The aesthetic is sometimes described as one of beauty that is “imperfect, impermanent, and incomplete”. It is a concept derived from the Buddhist teaching of the three marks of existence, specifically impermanence, the other two being suffering and emptiness or absence of self-nature. Characteristics of the wabi-sabi aesthetic include asymmetry, asperity (roughness or irregularity), simplicity, economy, austerity, modesty, intimacy and appreciation of the ingenuous integrity of natural objects and processes.hotos that you use.
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Tadao Ando
A Zen and wabi-sabi approach to architecture Tadao Ando’s style in architecture emphasizes nothingness to represent the beauty of simplicity (even as it often includes complex spatial circulation), to capture the sensation of inner feelings rather than appearance. His work creatively uses natural light and his designs follow the natural forms of the landscape (rather than disturbing the landscape by making it conform to the constructed space of a building). His buildings are often characterized by complex three-dimensional circulation paths. He has led a storied life, working as a truck driver and boxer prior to settling on the profession of architecture, despite never having formal training in the field. Ando makes his structures become a way for people to experience the beauty and spirit of the natural environment. In 1995, he won the Pritzker Architecture Prize, the highest distinction in the field of architecture. (He donated the $100,000 prize money to the orphans of the 1995 Kobe earthquake.) Sparseness has always been a part of Japanese architecture (at least since the 16th century). Frank Lloyd Wright admitted to being influenced more by Japanese architecture than by anything American.
Interior of the Church of the Light (1989)
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Modern Art Museum
ndo designed the Modern Art Museum of Fort Worth. Massive planar walls of architectural concrete boldly express the Modern’s basic structure. Transparent (40 ft) walls of glass framed in metal surround the concrete envelope. The desire to use diffused and reflected natural light within the gallery spaces was a major influence on the building’s design. Immense cantilevered cast-concrete roofs shade the building’s exterior and accommodate the introduction of natural light into the gallery spaces by supporting sophisticated systems of continuous linear skylights and clerestory windows.
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Hyogo Prefectural Museum of Art in Kobe, Japan
Just Do It. SurREALLY! WO
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“We will do it on the buildings. We will do it in the buildings. And we will do it in such a way that they will know we have done it – sort of.” [not quite sic] — Winston Churchill
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1. PARKING GARAGE
Driving a car isn’t the greenest of activities, but the Ballet Valet Parking Garage and Retail Center in Miami Beach, designed by Arquitectonica, puts a sustainable face on it. The building includes street-level shops, a restored Art Deco façade and six parking levels concealed behind trellised, carbon-dioxide-absorbing plantings.
2. CLIMBING WALL
The Illoiha fitness center in Omotesando, Tokyo’s stylish shopping district, is home to arguably the world’s most unusual climbing wall. Created by the design group Nendo, it is a tongue-in-cheek take on a chic country house. The hard-to-find holds and unusual finger grips are hidden amongst baroque picture frames, mirrors, deer heads, birdcages and flower vases.
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3. ELBE PHILHARMONIC HALL
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As the centerpiece of Hamburg, Germany’s massive revitalization of its harbor area (HafenCity), the new music hall by Swiss architects Herzog & de Meuron pays homage to the city’s connection to the sea. The soaring, shiplike glass structure sits atop the former site of a historic, neo-gothic warehouse. Damaged during World War II, it was eventually detonated and rebuilt in 1963. Its 360,000 square feet houses three concert halls, a hotel, apartments, a wellness center and a nightclub .
4. MANNED CLOUD
Jean-Marie Massaud envisions a flying hotel he calls the Manned Cloud. The whale-shaped vessel is designed to accommodate 40 guests along with a restaurant, spa and fitness center and would fly high above the treetops at up to 100 miles per hour. The odds of this dirigible bed-andbreakfast becoming a reality may seem slim, but the designer is working with ONERA (the center of French aerospace research) so you may someday be able to travel while in your hotel.
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5. XSTRATA TREETOP WALKWAY
See as the birds do—nearly 60 feet above ground. A 650-foot-long walkway designed by Marks Barfield Architects allows visitors to meander among the leafy canopies of 50 mature sweet chestnut, lime and oak trees at London’s Royal Botanic Gardens at Kew. The weathered steel of the twelve steel trusses, which connect to ten circular platforms, resembles tree bark.
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6. SELEXYZ DOMINICANEN BOOKSTORE 7 8 6
Dutch bookseller Selexyz hired the architectural firm Merkx + Girod to convert the interior of a former Dominican church into a bookstore in Maastricht. The architects created what amounts to a monumental walkin bookcase that rises up three stories. There’s also a café, housed on the former altar, with a large central reading table in the shape of a cross.
7. NESTLE CHOCOLATE MUSEUM
Nestle’s museum in Mexico City is the coolest thing in candy land. The bright folds and turns of the origami-inspired building, completed in just 21⁄2 months by Rojkind Arquitectos, house the chocolate museum, a theater, shop and a tunnel that leads to the factory, where visitors can watch their favorite treats being made.
8. CITIZEN M
A stylish, budget-friendly hotel in Amsterdam, Citizen M (short for Citizen Mobile) is the first from a new European chain. Opened at Schiphol Airport, it caters to those seeking luxury and good design at an affordable price.
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amazing buildings
The Kimbell Expanding a Masterpiece with a New Green Building
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he Kimbell Art Museum in Fort Worth sprang from the vision of businessman and art collector Kay Kimbell and his wife, Velma Fuller Kimbell, for an “art institute” for the people of Texas. Forty years after the museum opened in 1972, the Kimbell’s collection of masterpieces is recognized internationally, and the building designed by the late Louis Kahn is considered a landmark of modern architecture. Over the decades, the Kimbell Art Museum’s exhibition and education programs have grown far beyond those envisioned when the Kahn building opened. The need for gallery space devoted to the display of the permanent collection and studio spaces for adult and children’s programs became more acute.
THE NEW PAVILION
As the search for an architect began, it became exceedingly clear to the Kimbell’s board of directors that world-renowned Italian architect Renzo Piano and the Renzo Piano Building Workshop (RPBW) was the only choice for designing an extension to Kahn’s great masterpiece. Piano seemed extraordinarily well suited for the task. The Pritzker prize-winning architect has already been heralded for his designs of two great Texan cultural institutions—the Menil Collection in Houston and Nasher Sculpture Center in Dallas—both inspired by the architecture of the Kimbell. As a young post-
Rising to the west of the Kimbell in Fort Worth’s Cultural District, the new pavilion is a colonnaded glass and concrete structure topped by thick wooden beams and deep overhanging eaves. Although the Piano building is physically separate from the Kahn building, it acknowledges its companion in its focus on natural light, respectful scale, general plan, and use of concrete as a primary material. “Surrounded by a grove of trees, our beautiful new glass pavilion will be warmed visually by the alabaster-like sheen of the concrete, the long spans of massive fir beams, oak floors, and the translucent ivory and white scrims and light trays of the roofing system,” said Eric M. Lee, director of the Kimbell. The entrance to the new building is perfectly aligned with that of Kahn’s, so that a visitor’s first sight upon reaching Piano’s ground-level entry plaza will be Kahn’s masterful entrance portico. The visitor who glances back at the new building from the portico will be similarly rewarded with a thrilling transparent layered-glass view that extends to the rear-most light well of the new pavilion. Piano’s siting has also corrected the previous tendency of visitors to enter the Kimbell through the east, which Kahn considered the back entrance.
Rendering of the staircase to the auditorium, 2011, Renzo Piano, architect. © dbox
Rendering of the southeast gallery, 2011 Renzo Piano, architect. © dbox
ITALIAN ARCHITECT RENZO PIANO
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graduate, Renzo Piano had even interned in Kahn’s office. Piano accepted the commission in 2007.
THE NETWORK | JUNE2012
Renzo Piano
Elevation of the south façade (detail), 2010 Renzo Piano, architect © Renzo Piano Building Workshop
“Because only a third of the interior is above ground, the museum will see greatly reduced demands for heating and cooling.”
— Renzo Piano
I can’t remember the last time I forgot something.
The Kimbell’s new museum building is made up of two wings connected by a glass passageway. To the front, a floating glass roof tops a pair of large, airy, and light-filled galleries; to the back, a grassy roof shelters a smaller exhibition space for light-sensitive works. The deceptively spacious facility also provides stellar accommodations for education programs; a dramatic, double-height auditorium acoustically designed for music; a library; a voluminous lobby with a small café, museum shop and coat check; and an underground parking garage. The roof system’s deep overhang and sophisticated use of aluminum louvers, photovoltaic cells, fabric scrim, and wooden beams extend Piano’s decades-long interest in harnessing the luminosity of light—and respond to the need to control the intense Texas heat. The new building is highly energy efficient, including 72,700 squarefoot green-roof structure, which slopes down to a lawn on the south side, is planted with grass and accessible to the public. The Piano building will use only a fourth of the amount of energy required for the operation of the Kahn building. “Because only a third of the interior is above ground, the museum will see greatly reduced demands for heating and cooling,” according to Renzo Piano. He adds: “In this way, it is the overall design as well as the photovoltaic technology that yields important energy savings. This is the way it should be: designing for energy savings is not an ‘add on,’ but, rather, the proper way to build.” The landscaping surrounding the building will boast 3.5 acres of public green space with more than 30,000 plants, including many native species. A great lawn that continues onto the building’s new green roof and over the underground parking structure will become a place for visitors to rest and play. In addition to the DFW-based Beck Group - the construction managers for the project - RPBW has assembled an international team that includes: New York-based Guy Nordenson and Associates, as structural engineers; Front, as façade consultants; Paratus Group, as project directors; and London-based Ove Arup & Partners and Arup Consulting Engineers, as mechanical engineers. Most recently in the United States Renzo Piano and RPBW have completed the Resnick Pavilion and Broad Contemporary at the Los Angeles County Museum of Art in California and an extension to the Isabella Stewart Gardner Museum in Boston that opened in January of this year. The Kimbell’s new pavilion is slated to open in the fall of 2013. n Compiled by Network sources. All photographs and renditions on these pages are copyrighted and used here with permission.
Rendering of the south façade (detail), 2011 Renzo Piano, architect © dbox
Rendering of the Kahn building’s north portico with the Piano-designed building in the background, 2011 © dbox
Rendering of the auditorium, 2011 Renzo Piano, architect © dbox
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» building showcase
6565 MacArthur Boulevard A
Situated in the Sierra Office Park at President George Bush Turnpike and MacArthur Boulevard, the property provides excellent access to the Metroplex’s northern suburbs and business centers, as well as DFW International Airport, Love Field, Downtown Dallas and the Las Colinas Urban Center.
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Class A multi-tenant office building in Las Colinas, 6565 MacArthur has recently received numerous accolades for its conservation practices. The 10-story property achieved LEED Silver Certification for existing buildings in 2010 and earned Energy Star Ratings in 2009 and 2012. John Wehmeyer, senior property manager of Cousins Properties, says the accomplishments are directly attributable to the efforts of stable ownership and responsive tenants. “Northwestern Mutual has always been committed to ensuring that its properties are well maintained and energy efficient,” said Wehmeyer. “It’s a big part of the reason we’ve been able to keep occupancy rates above 90% since 2005.” John Wehmeyer Tenants, including Commercial Metals Company, Liberty Mutual, HCA Healthcare, SunGard and Youtoo Social TV, are able and encouraged to share in the energy savings through lower electricity costs. For example, in 2011, electricity rates were $1.50 per square foot. 2012 rates have dropped to $1.35 per foot. By maintaining sustainable purchasing programs for ongoing consumables, the tenants played an important role in the LEED Silver designation. Other major accomplishments during this process included cutting irrigation water usage by 50%, which was facilitated by Banyan Water, Inc. (formerly Acequia) and The Brickman Group. A green-cleaning program was also instituted with the assistance of Image Building Maintenance. LEED consultant, Sustainable Partners, directed the entire process. Efficiency programs at the property are continuing in 2012 with the completion of a garage lighting retrofit. New lamps will use half of the electricity and will have twice the life expectancy as the previous fixtures. In addition to the emphasis on efficiency, the 256,535-squarefoot-office building, built in 1998, is a highly desirable office building known for its location, accessibility and amenity base. Amenities are abundant in the Las Colinas region, highlighted by the newly opened Irving Convention Center and the soon-
Everyone is entitled to an opinion, but stupidity shouldn’t qualify.
A Model of Efficiency
DIVERSI NS Theme Park ‘On Hold’ Wilt Disnee Stewdios announced that it has put on hold its plans to build a new theme park in Tripoli, Libya. “We think - oil things considered – that this might not be the best time for such an undertaking, what with all the genocide and all,” said a senior executive who asked not to be identified. Instead, the company is reportedly secretly conspiring to make a shoot-off of one of its most beloved cartoon creations of all time (based on the character from Pinocchio) – Yemeni Crickett. Asked about the truth of this supposed project, the executive merely shrugged and said, “Who ‘s nose?”
The property is owned by Northwestern Mutual and managed by Cousins Properties, both of which are committed to maintaining it as one of the area’s most efficient office buildings.
to-be-operating DART Orange Line, and the list is growing. Las Colinas in general and 6565 MacArthur in particular offer unmatched access for employees from all parts of the Metroplex. The ease of access is enhanced by a lower-level private entrance, which allows for employees to more quickly reach their offices. The property is within minutes of more than 90 restaurants, 23 hotels, an equestrian center, 10 miles of riverside walking and bike trails. MacArthur Boulevard’s thriving retail districts provide a unique variety of shops, services and big-box stores. New residential offerings include mixed-use developments with options ranging from singlefamily homes to Tuscan-inspired villas, lofts and flats. On-site amenities at 6565 MacArthur include a deli, interior executive garage, property management services, auto services, securedaccess parking garage and surface parking lots. The building also offers panoramic views of the Las Colinas Urban Center, Downtown Dallas, and the surrounding area. n
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in the workplace JULIE BRAND LYNCH
julie@LYNOUS.com Julie Lynch is the principal of LYNOUS, a Dallas-based talent management firm focused on executive search, interim staffing and customized employee training exclusively within the real estate industry.
Sales . . . Following Up
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he importance of following up, touching base, and otherwise staying on the mind of the client, shouldn’t be underestimated. Diligent follow up can help win business. Following up tells the potential client that you want the work, you think you’re the best person for the job, and you’re ready to get started. These are all powerful factors that can nudge an opportunity in your favor. However, the line between an acceptable follow-up technique and being annoying is precariously thin. If you cross it, you will likely lose the opportunity and may even close the door on any future opportunities. How do you tell how much follow up is too much?
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Set a Schedule. Have a predetermined schedule for following up with prospects. This expedites the process, especially if you’re able to use partially pre-scripted messages. Also, this will help ensure the intervals between messages are not too aggressive.
Linda Zimmerman joined Direct Development as a Vice President of Leasing
Elizabeth Ocando joined Hudson Peters Commercial
Helen Rivero was named Managing Director, Investor Services, at Cassidy Turley
Tom Newell joined Swearingen Realty Group, LLC as an Associate
Jeanne St. John was promoted to Senior Asset Manager at Prudential Asset Resources, Inc.
Daniel Miller joined Swearingen Realty Group, LLC as an Associate
Don Dowell has joined Peloton Commercial Real Estate as senior vice president
Tom Grunnah was promoted to Senior Vice President at Henry S. Miller Brokerage
Michele Wheeler has been appointed President/Chief Operating Officer at JacksonShaw
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Use the Prospect’s Preferred Means of Communication. If he/ she prefers email, it probably makes sense that your initial messages be sent via email. Later, adding a new means of communication to the mix might initiate a new, (hopefully favorable) response.
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Read Between the Lines. What is not said could be just as important as what the client does say. The ongoing failure to respond probably means the prospect is not interested and it’s likely not worth your time to continue following up. A statement like, “We’ll be in touch,” might mean that it’s time to back off a bit.
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Make Your Follow-Up Message About the Prospect: Your follow-up messages shouldn’t all and only be repeated sales pitches. Craft your messages and refer to any personal information that you learned during a meeting, unique elements of your conversation, or things you learned about the prospect’s specific needs. Send a link to a relevant article or other information that will keep you on his/her mind without your having to say, “I’m following up again…”
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Don’t Follow Up If You’re Not Genuinely Interested: Don’t follow up automatically. Be sure you want the opportunity.
Determine what will likely be the most effective in each situation; it can be different every time. Develop a schedule and a set of messages that work well and tweak and customize them for each individual situation.
Colliers International Dallas-Fort Worth Announces New Hires and Promotions
Gianni LaBarba, Senior Vice President
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THE NETWORK | JUNE2012
Ben Lurie, Analyst
Jim Graham, Executive Vice President
David Quisenberry, Executive Vice President
Travis Ewert, Vice President
Ward Richmond, Vice President
Trey West, Sales Associate
David Wetherington, Senior Vice President
Allyson Gump, Sales Associate
Great minds discuss ideas; average minds discuss events; small minds discuss people. (Admiral Hyman Rickover)
» professionals on the move
without Being Annoying
product showcase GRACE DIGITAL AUDIO
Eco Extreme
Rugged all-terrain waterproof speaker case
get it: GraceDigitalAudio.com
price: $49.99
• Provides dynamic sound and protection for your iPhone, Blackberry, MP3 player, keys, and other personal items. • Water and dirt resistant design protects your mobile phone, MP3 player, and personal items from the outdoor elements. • High impact shock proof casing withstands drops, falls and spills. • Internal storage compartment holds keys, mobile phone, MP3 player, credit cards, drivers license and cash, keeping it safe from sand, sun, and water . • 3.5mm audio jack works with any mobile phone or MP3 player, 3” full range forward iring speaker. • Includes a 2” detachable carabineer clip, making it ideal for backpacking, biking, beach trips, and camping. • IPX7 Approved (International Weatherproofing Standard), powered by 3 AA batteries.
Cordini Make Your Cords Disappear • Store cords easily and eliminate excessive cord length and (more importantly) potential safety hazards. Keep toddlers and pets safe. • Use either of the two versions of this unique product (the Recess Cordini and the Flush Cordini) for almost anything - cell phone chargers, floor lamps, table lamps, oscillating fans, alarm clocks, telephone wires, televisions, stereos, paper shredders, printers, blenders, shavers, electric tooth brushes. (The list is virtually endless!) • Easy to install.
get it: cordini.biz
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SuperTooth Disco
BEFORE
The only portable speaker on the market to wirelessly stream 28 watts of explosive sound get it: SuperToothStore.com
price: $149.99
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• Sleek, compact design ideal for use on-the-go; easily slide the Disco into a purse or bag. • Integrated rechargeable battery ensures 3-4 hours of non-stop high-volume music or up to 10 hours of moderately played tunes. • Forget the wires and cables – the Disco is compatible with the latest versions of iPhone, iPad, iPod Touch and any other phones, PCs and MP3 players that support Bluetooth A2DP. • Comes with a 3.5mm audio cable for PCs or MP3 players that do not support Bluetooth A2DP. • Boost your bass with a simple click of a button. • Measures 89 mm height x 315 mm width x 70 mm depth.
THE NETWORK | JUNE2012
AFTER
herstory
ROSE-MARY RUMBLEY
rosetalksdallas@aol.com Rose-Mary Rumbley has written three books about her native city – Dallas. She has also written “WHAT! NO CHILI!” and a book about the 300th anniversary of the invention of the piano. She has appeared on the stage at the Dallas Summer Musicals and at Casa Mañana in Fort Worth and was head of the drama department at Dallas Baptist University for 12 years. Today she is on the speaking circuit and teaches drama classes at Providence Christian School. Her loving views of Texas history appear in every issue of the network.
place!
Texas Has Everything
Alvar Nunez Cabeza de Vaca arrived in 1517 on the gulf shores where the cities of Beaumont, Port Arthur and Orange thrive today.
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his question is often asked: “The Spanish arrived in Texas almost 100 years before the English came to what is now New England. The East Coast developed, and Texas didn’t (at the time, of course). What was wrong with the Spanish?”
NOTHING IS RONG
The answer is, “Nothing!” The Spanish met the meanest Indians in the New World. The Indians in the east were comparatively nice. They served turkey, dressing, pumpkin pie and cranberry sauce. The Indians in what is now Texas scalped the Spaniards. That is almost true – except for the turkey and dressing. There were some friendly tribes in Texas – for example, the Caddo Indians in East Texas. The Spanish encountered them in 1540. They referred to the Spanish as “tayshas,” which meant “friends.” The Spanish translation was “tejas.” Later, when others came to the area, the “j” was changed to “x” and the word became “Texas.” Texans still claim it means “Friendship.” In Texas, there are many towns named for various places in the world. How did these names come to be?
VISIT EVERYWHERE – AND STAY CLOSE TO HOME
I often take tours to Paris, Texas. Why is the city named Paris? There was a settlement in that area as early as 1826. George W. Wright, established a store there and the city was incorporated in 1845 (the year Texas joined the Union). One of Wright’s employees (George Poteet) named the city after Paris, France - a city he thought was beautiful. When you enter the city today, you see a replica of the Eiffel Tower with a gigantic Stetson hat on top. Paris, TX Then there is Athens. Why Athens? The city was founded in 1850 with a log cabin courthouse. One of the citizens suggested the town be named Athens, hoping it would become a cultural center in the new state of Texas. There is culture in Athens. In fact, I speak to the Athens Literary Society every year. Also, the Black-Eyed Pea Festival is held there every year!
Dublin, Texas was founded in 1854. To protect themselves from the Indians, the settlers shouted, “Double in!” That’s one explanation for the name. There were a lot of “double” log cabins in the area. Perhaps the name came from these primitive houses. Dub- Turkey, TX lin was the home of Ben Hogan, and ‘real’ sugar Dr. Pepper. Unfortunately, the Dr. Pepper plant has been closed; however, residents can brag, “We had the first street cars in the state!” Turkey, Texas, was founded in 1890, when a group saw a bunch of turkeys roosting in the trees. These people named the town Turkey Roost, but the congregation of the Methodist church (which was established later), insisted it only be called Turkey. Why Egypt, Texas? Stephen F. Austin came to Texas in 1821 with 300 families. A couple of men settled on the Colorado River where they established a crossing (which they named Mercer’s Crossing after one of the settlers). Later, during a drought, the people depended on the corn that was available at the crossing. So, in thinking of the drought in the Bible where the people came to Egypt for their food, the people began to call the place ‘Egypt’. London, Texas was founded (not surprisingly) by a group of English settlers in 1850. When Dad Joiner discovered oil in the area in 1931, the population moved to be near the oil fields and the town was named New London. Stephen F. Austin
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You’re Going to Call Me What?
» our readers and their pets
See our regular feature on page 69
Picture that!
Stewie Griffin and Brian
Your opportunity to be pictured in (what we like to consider) a MAJOR publication – the network. Wouldn’t you like to see yourself on the pages of a magazine (particularly one you and your fellow professionals already read? You’ll be amazed how many people will ‘re-find’ you. Send us yours (naming the picture as you see the captions here) to editor@crestpublicationsgroup.com) and we’ll include some in every issue. The picture must be of you AND your pet, not just your pet. (Reference ‘Pets’ in the subject line.)
Ashley Tisdale and Maui
Monroe and Carma Bohannon with Viper (horse), Lisa, Freckles and Ernie The cenotaph, made of Texas pink granite, was designed and created by Donald Nelson (architect) and Herring Coe (sculptor), was erected in 1939. It is engraved with the names of the known victims by school grade.
Columbus Marion ‘Dad’ Joiner
Two new books have just been published about New London and the world-shattering tragedy that happened in this East Texas town in 1937. To save money, the town had decided to pipe natural gas straight from the field into the school. When the gas accumulated in the basement, the school exploded (on March 18, 1937), and over 300 children (together with the faculty) died. The world was in shock and sorrow. Even Adolph Hitler sent condolences. Only one good thing came from this tragedy – the worst school disaster in American history: Gas was required to be given a distinctive smell. Now, a person can smell gas when it is escaping. Texas is a place of great and often unusual stories - some tragic and many quite humorous. n
Sir Valence and Lil Pooper
Dennis L. Bow and Honda
Dave Copenhaver and Elvis Henry Winkler and Charlotte JUNE2012 | THE NETWORK
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THE
» opinion
I
n November we have a presidential election. You probably heard about it, what with the Republican primary debates running more regularly on TV than a reality series. But what about the vice presidential selection process? It’s a pretty safe bet that Joe Biden will again be the Democratic candidate, but who will the Republican choice be? And, perhaps even more importantly, why? The process of ‘selecting’ a vice presidential candidate has undergone dramatic changes over the course of American history, and they may not all be for the better.
WHO SELECTS THE VICE PRESIDENTIAL CANDIDATE?
For most of our early history, the vice presidential candidate was selected by party bosses - usually the product of backroom negotiations. The presidential candidates had virtually no input. This often resulted in candidates and running mates who didn’t know each other, or did know each other, but didn’t get along. Vice President George Clinton didn’t even attend James Madison’s inaugural. John C. Calhoun (Andrew Jackson’s VP) cast the tie-breaking vote in the Senate against Jackson’s nominee for ambassador to Great Britain. (That was Martin Van Buren who became the next president after Jackson.) In the early 20th century, these backroom deals gave way to nominating conventions. In 1900, both (Republican) William McKinley (who won and became the 25th president) and William Jennings Bryan deferred the vice presidential nominations to the delegates on convention floor. They each wound up with running mates they did not like. (Garret A. Hobart was the VP during McKinley’s first term; he died in 1899 and Theodore Roosevelt became the can-
didate.) Thomas Watson was William Jennings Bryan’s running mate the first go ‘round, but was replaced by Adlai Stevenson I in 1900. (Stevenson had been the 23rd vice president under Grover Cleveland in 1892.) In 1920, the Republican convention actually rejected Senator Irwin Lenroot (presidential candidate Warren G. Harding’s choice for vice president), choosing instead Massachusetts Governor Calvin Coolidge, who succeeded Harding after his sudden death. In 1956, after 12 ballots, the Democratic convention nominated Estes Kefauver as Adlai Stevenson II’s’ running mate. Kefauver won over 5 candidates, including John Kennedy.
EENY MEENY, MINY, MOE
Today, it has become the norm that soon after being assured of a party’s nomination, the candidate forms a search committee which comes up with a ‘short list’ of possible running mates; that selection is ‘leaked’ before the convention to generate press coverage. Interestingly, in 2000, Dick Cheney headed George W. Bush’s vice presidential search committee. After rejecting the entire list of potential running mates, Bush offered the position to Cheney himself. In 2008, thencandidate Barack Obama turned to former opponent Joe Biden and John McCain ‘anointed’ first-term Alaska Governor Sarah Palin (a decision many have said might have cost him the election).
AND TO THE REPUBLICAN (AND) FOR WHAT HE STANDS
The selections in this century might make you wonder if this is a wise method of selecting candidates. We listen to candidates referring to the founding fathers and the Constitution as if those men (as smart as they were) had some magic potion for what government (more than 200 years later) needs to be. Let’s not forget that our Constitution was written when slavery was legal, when women were (even less than) second-class citizens, when there were no cars or planes or phones or Internet. No nuclear weapons. Almost nothing of the world
PRESIDENTIAL FACTS • Theodore Roosevelt was the first vice president who had succeeded to the office to go on to win on his own (in 1904). Ironically, the Republican Party bosses had chosen him as McKinley’s running mate because they disliked his progressivism as governor of New York, and they wanted to ‘shelve’ him in a position where he would be powerless (i.e., to remove him as governor). 60
THE NETWORK | JUNE2012
• When Harry S. Truman took office after Franklin Roosevelt’s death (1945), the U.S. was at war. Roosevelt had kept Truman in the dark about the development of the atomic bomb, and he was only informed about it hours after being sworn in as president.
• In 1973, Richard Nixon appointed Gerald Ford to be Vice President, replacing Spiro Agnew, who had resigned. The following year, President Ford nominated New York Governor Nelson Rockefeller to fill the vacancy created by Ford’s ascension to the presidency.
Who’s On Deck is Important
VICE PRESIDENTS WHO WERE ELECTED PRESIDENT
9 VEEPS WHO BECAME PRESIDENT BY SUCCESSION • John Tyler became the10th president, after the death of William Henry Harrison in 1841. • Millard Fillmore became the 13th president, after the death of Zachary Taylor in 1850. • Andrew Johnson became the17th president, after the assassination of Abraham Lincoln in 1865. • Chester A. Arthur became the 21st president, after the assassination of James Garfield in 1881. • Theodore Roosevelt became the 26th president, after the assassination of William McKinley in 1901. • Calvin Coolidge became the 30th president, after the death of Warren G. Harding in 1923. • Harry S. Truman became the 33rd president, after the death of Franklin D. Roosevelt in 1945. • Lyndon B. Johnson became the 36th president, after the assassination of John F. Kennedy in 1963. • Gerald R. Ford became the 38th president, after resignation of Richard M. Nixon in 1974.
• John Adams - vice president under George Washington [1789 – 1797], and president from 1797-1801. • Thomas Jefferson - vice president under John Adams [1797-1801] and president from 1801 to 1809. (He was the only incumbent VP to run against an incumbent president.) • Martin Van Buren - vice president under Andrew Jackson [1833 -1837] and president from 1837-1841). • Richard Nixon - vice president under Dwight Eisenhower [1953-1961] and president from 1969-1973. (He won re-election; however, resigned in 1974.) • George Bush -vice president under Ronald Reagan [1981-1989] and as president from 1989-1993.
ial we know today. The Constitution is a marvelous document because it provides for its own flexibility, not because it is an unbending blueprint for society.
Dyslection OF 2012
WHAT WE DO NOW
I PLEAD THE TWENTY-FIFTH
Modern presidential candidates (theoretically, anyway) take into account a combination of factors when selecting a running mate. They look to balance the ticket, both geographically and ideologically. Sometimes they considered what states a prospective mate might be able to ‘bring in’. They may even consider the buzz factor that a prospect might bring to the ticket. Once in a while, but unfortunately only once in a while, a presidential candidate might actually consider who would make the best president in selecting a running mate.
OPINION
What would be wrong with an open convention? If you think about it, this process by which a party selects a candidate (sometimes after many, many months, as is happening this year) – and then he or she - one person - anoints a candidate for vice president (sometimes out of the Alaskan blue) whom, if elected, is a heartbeat away from the presidency, is as absurd as it is undemocratic – and unrepublican. It is certainly unrepresentative of the people. Let’s demand, starting now – and going forward for both parties – that (except where an incumbent is running for re-election) we open the process for vice president. No more Edwards, Stockdales, Cheneys or Palins. Without regard to his or her qualifications, no one should be a heartbeat from the presidency by virtue of being ‘selected’ by the would-be president, by the candidate who won the nomination. It makes no sense whatsoever to give the second spot to someone because the person who won the top spot thinks it will balance the ticket, for the sole purpose of improving his (or her) chance of winning.
In 1967, the 25th Amendment to the Constitution was ratified. (The assassination of President Kennedy in 1963 made it apparent that the succession process needed to be updated.) It had 4 key points:
1 In the case of the president’s death or removal from office, the vice president becomes president.
2 If the office of vice president becomes vacant, the president must nominate a
new vice president, subject to confirmation by a majority in both houses of Congress. (Prior to this, the office of vice president remained vacant.) 3 If the president knows he/she will be temporarily unable to discharge the duties of the office, he/she must, in writing, inform the Speaker of the House and the President Pro Tempore of the Senate, and the Vice President becomes acting president. Once the president is able to resume the duties of office, he/ she must again, in writing, inform both Congressional leaders. (President Reagan invoked this provision in 1985 when undergoing a procedure to remove a cancerous growth from his colon.) 4 If a majority of the cabinet members (including the vice president) determines that the president is unable to discharge the duties of office, they must provide the same type of notice in #3, at which time the vice president would become the acting president. (This provision has not yet been invoked.) By ‘virtue’ of this amendment, the vice president who ascends to the presidency can name a second in command (upon the consent of the Senate) without a popular vote. (Gerald Ford chose Nelson Rockefeller to be Vice President.)
…AND THIS IS IMPORTANT BECAUSE?
Nine vice presidents have ascended to the White House following the death or resignation of a president. Four presidents died of natural causes, four were assassinated, and one resigned. (See sidebar.) Five others went on to be elected president in their own right. (See sidebar.) Obama is the 44th POTUS (President of the United States), but only the 43rd person to hold the office. (Grover Cleveland was the 22nd and the 24th president.) So 9 out of 43 of our presidents got there without being elected to the post - more than 1 in 5! Statistically, that’s more than a 20% chance that the vice president will ascend to the office of president without being elected. A total of fourteen vice presidents have become president – fully 33%!! Shouldn’t we really be thinking of a better (more democratic and more fitting a republic) means of selection? n Compiled by Network sources JUNE2012 | THE NETWORK
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D/FW marketplace. Supportin g and serving the
crest EX PO 2012 in pictures (If you were there, you know.)
“The crestEXPO event was an over-all success and professionally done. We are definitely booked for 2013!” — Castro Roofing, AJ Rodriguez
“I made quite a few good connections....”
— Heather Douglas, Balcones Recycling
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DIVERSI NS
“It was a great opportunity to get some exposure.” — Nancy Montgomery, Walden Security
Congrat ulat ions ng but) Quotidian School of International Studi
nythi The (a
es
to the Graduating Crass of 2012 of The
(anything but)
Quotidian School of International Studies
“great job… very professional with organized staff and well presented.” — Steve Brunhild, Net Video Tours
The jury is still out on where and when the 2013 crest EX PO will be. Stay tuned!
Peter Abbot Marcus Absent Phil Accio Nagoshi Ader Wonton Amera Phil Anderer Claire Annette Sharon Apartment Ben Around Gabe Asher Jerry Atrick Helen Back Claude Balls Ophilia Balls Harry Balsack Robin Banks Candi Barr Gay Barr Anita Bath Sandy Beach Frank N. Beans Helen Bed Lucy Bowels Vye Brator Chris P. Bacon Isadora Belle Sara Bellum Anita Blackman Bill Board Rita Book Dennis L. Bow M. T. Bowels Duncan Biscuits
Dick Brain Dick Burns Harry Butt Seymour Butts Som Yung Chick Lewis N. Clark Oliver Closoff Anita Corkscrew Flip DeByrd Justin DeFront Ron DeVous Ivana Dewer Dill Doe Long Dong Ben Dover Eileen Dover Neil Down Chester Drawers Dan Druff Yung N. Dum Wayne Dwopp Lian Eise Rich Ewell Amanda Faulk Patrick Fitzgerald Gerald Fitzpatrick Bree Flea Lauston Foundry Al Gebra Rich Guy Roman Hands Pearl Harbour Willie B. Hardigan
Phil Harmonic Barry D. Hatchett Dick Head Iman S. Hole Inda Hood Rhoda Horsey Shisa Hotutrot Lisa House Ho Hum Mike Hunt C.F. Icare Candi Kane Don Kashane Al Katraz R.U. Kidding Dee Kline C. Cret Lee Moe Lester Mike Littisore Tab Lloyd Alma Mater Pat McGroin Ella Mentarie Jack Meoff Eva Moe N.E. Moe Pete Moss Holden Mione Rusty Nails Harry P. Ness Anita Newman Rusty Nickels
Val and Dick Torian
Adolf Oliver Nipple Rick O’Shea Mike Oxard Rosie Palm Traylor Parker Anna Philactic U Dom Phoc Dick Raasch R.U. Reddie Allen Rench Mike Rotch Faye Rowe-King C. Spot Runn Jack Schitt Lou Stools Jim Teacher Anne Teak Gnaw Tee Iva Thongon Phil N. Thropic Justin Time Curt Tinrod Ella Vader Sally Vating Jay Walker Luke Warmwater Bud Weiser Midas Welby Helen Wheels N.E. Wei Phuc U
A Special Thanks to Our ROTC Staff (listed alphabetically)
General Admission Private Dick Major Disaster Colonel Inges
Private Parts Major Payne General Principles Major Problems
Corporal Punishment Private Road General Store Major Woody
JUNE2012 | THE NETWORK
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staycations
Mini vacations that are spent enjoying things close to home
Drive-In Movie Theater
where: Trinity Uptown District (Across from LaGrave Field) Fort Worth
E
ver miss being a kid and going to the drive-in movie theater? For many under the age of 40, you may not remember those days. Great news in Fort Worth! Just as movie theaters nationwide are starting the summer blockbuster season, Coyote Theaters hopes that area film fans will be pulling into its three-screen urban drive-in. The 25 acre facility is located just across from LaGrave Field in Fort Worth’s Trinity Uptown district. The theater expects to show first-run movies in digital format. Moviegoers will be able to watch from their cars, rent cabanas or set up chairs in a designated seating area under pavilions. The movie soundtrack will play through car radios. Each screen will have room for 250 to 500 cars, and admission will be about $6 to $8 a person. So, if you are a movie buff, and you missed the glory days of the drive-in, you’re in luck!
Taste of Dallas Taste of Dallas returns to Fair Park with a monumental blow-out to commemorate its 26 years. As the largest tasting event in DFW, Taste of Dallas is set to draw 200,000 hungry tasters in its 3 days at Fair Park. This rain or shine event will feature culinary delights from Dallas’ top chefs & most popular restaurants. Fantastic music, plenty for the kids to do, much to shop, eat and see make for a great weekend! Admission at the gate is $8. (children under 12 are free.) Parking is available on the fairgrounds for $12. Trams run from parking lots right up to the entrance of Taste of Dallas. DART’s Green Line stops at the front door, no parking required! For more information, visit www.tasteofdallas.org/event-info-and-more.
One of a Kind Market when:
June 23, 10am-5pm June 24, 10am-4pm
where: Richardson Civic Center 411 Arapaho Road Richardson
One of a Kind Market is a free 2-day family event, featuring local Dallas arts, crafts, and handmade goods! This totally unique arts & crafts fair will feature the work of over 50 talented artists, crafters and designers all under one roof. Items will range from clothing, artwork, soaps, leather work, jewelry, glass work, and more. For more information, visit www.sweetdeesignz.com/oneofakindmarket or call 469-348-5531.
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Kari Rich Chase Tower & Rosewood Court
Emily Base The Towers at Williams Square
where: Fair Park 3809 E. Grand Ave. Dallas
when:
July 28, 1pm-4pm
where: Kimbell Art Museum 3333 Camp Bowie Blvd. Fort Worth
Free afternoon events for participants of all ages feature creative art-making activities and live performances inspired by artworks on view. No reservations necessary; admission to special exhibitions is free during the events. Discover the ancient Japanese festival tradition where children record their wishes on beautiful paper decorations during the seventh-month celebration of Tanabata. Along with children’s films and enchanting folktales, activities will highlight artworks in the Kimbell’s Asian art collection. For more information, visit www.kimbellart.org.
www.cciservices.org services@conciergeconnection.org 972.770.4045
Over 20 years of service and experience
Meera Augustine Call Center Manager
July 13, 4pm-11pm July 14, 11am-11pm July 15, 11am-9pm
Tanabata Festival
The Concierge Connection team
Candace Rozell President, Concierge Connection, Associate Editor, Staycations
when:
Zina Cunningham Infomart
Kathy Hull Events Coordinator
Tammy Jo Hashemian Park Central 789
Joyce Kiesel Executive Assistant
Cristina Stevens Fountain Place
The 2012 DeSoto SolJazz Festival
23rd Annual Yellow Rose Classic The North Texas Mustang Club hosts the largest all Ford indoor show in the southwest with over 200 vintage, performance, and classic cars and trucks. Event admission is $12, (children 12 and under are free). For more information, visit http://yrcs.ntmc.org/ or call 214-502-5810.
when:
August 11, 10pm-10pm August 12, 10am-6pm
where: Will Rogers Memorial Center 3401 W. Lancaster Avenue Fort Worth
29th Annual Fireworks Extravaganza
when:
July 4, 9:30pm
where: Grapevine
On July 4 at 9:30 p.m., find your spot and stake a claim near Lake Grapevine. Be prepared to be astonished by the fireworks spectacular, which can be viewed from any lakeside location as well as several other spots throughout Grapevine. Admission is free at most viewing locations. Some parks along Lake Grapevine may charge a minimal admission fee. Fireworks will take place rain or shine. If there is extreme weather or heavy rain at 9:30 p.m. the fireworks show will start after the storm has passed. For more information, visit www.grapevinetexasusa.com.
Whether you’re looking for a great night’s rest, the perfect place to host a meeting, or a night out on the town, you’ll find exactly what you crave.
The inaugural 2012 Desoto, Texas Soljazz Festival will be held from June 1-10 with the finale concert at the beautiful Desoto Eagle Stadium on Saturday, June 9. It will feature international and nationally-renowned musical artists, local musicians, dancers, community groups, vendors, food, contests, free giveaways and family fun. This unique annual event is put on by the DeSoto Chamber of Commerce, the DeSoto Convention and Visitors Bureau and Gemstone Management & Consulting, LLC. For information or to purchase tickets, visit www.desotosoljazzfest.com or call 888-430-6549.
when:
June 1-10
where: Desoto Eagle Stadium 600 Eagle Drive Desoto
Flag Day Celebration when:
June 14, 11am-4pm
where: Grapevine
Officials in Grapevine will hold the city’s annual Flag Day celebration on Tuesday, June 14 at 11 a.m. at Grapevine’s Gazebo in the 300 block of Main Street in Historic Downtown Grapevine. Flag Day is officially celebrated on June 14th. It commemorates the adoption of the flag of the United States, which occurred that day by resolution of the Second Continental Congress in 1777. In 1916, President Woodrow Wilson issued a proclamation that officially established June 14 as Flag Day; in August 1949, National Flag Day was established by an act of Congress. Join in to commemorate this significant day in America’s history. The event is free and open to the general public, with cookies and lemonade to be served upon conclusion of the program. For more information, visit www.grapevinetexasusa.com.
www.omnihotels.com/fortworth • Swing by Whiskey & Rye and enjoy a night of “Boots & Bourbon”. • “Wine or Whiskey” is a monthly dinner at Cast Iron. Stop by Wine Thief or Bob’s Steak & Chop House for the perfect night out. • Big, even by Lone Star standards, the Omni features almost 68,000 square feet of meeting and function space. • Stay at the Omni and experience Fort Worth from the ideal spot. JUNE2012 | THE NETWORK
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ECONOMIC INDICATORS AND A RECOVERING ECONOMY Since the infamous recession in 2007, Texas has experienced a measured recovery. The Texas Comptroller reports that, “[t]he Texas unemployment rate dropped to 7.1 percent for February 2012, down from 7.3 percent in January 2012. The Texas unemployment rate has been at or below the national rate for 62 consecutive months” (www.thetexaseconomy.org/economic-outlook/). Also significant to the recovering economy, natural resource drilling has increased significantly since the low in 2009; there were 479 more drilling rigs in Texas for March 2012 than in March 2009 (Baker Hughes, Figure 1). Although these are positive indicators for a recovering economy, doubt still looms as people continue to see gasoline prices increase (as shown in Figure 2).
Figure 1
TEXAS AVERAGE RIG COUNT
Figure 4
2010 TEXAS MSA EMPLOYMENT BY SECTOR
Source: Baker Hughes
Figure 2
TEXAS AVERAGE PRICE OF UNLEADED GASOLINE
Source: US Energy Information Association
Figure 3
2010 AVERAGE WAGE FOR MSA
Source: US Census, LEHD Data, “On the Map”
Source: US Bureau of Labor Statistics
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Data provided by: Research and Information Services North Central Texas Council of Governments www.nctcog.org/risn
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in the network
SINCE 2002
6.2012 S M T
F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Time to collect a nontraditional approach to business collections Accounts Receivable – Tracking them is good. Collecting them is better.
ARSENAL BUSINESS COLLECTIONS
W T
614 FLAG DAY
honors the United States flag and commemorates its adoption.
7.2012
8.2012
9.2012
S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
S M T
S M T
JUNETEENTH
W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
is an annual observance remembering when Union soldiers enforced the Emancipation Proclamation and freed all remaining slaves in Texas on June 19, 1865.
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JUNE 1 CREW Fort Worth / Golf Classic 2 TEXO / Annual Construction Industry Softball Tournament 4 NAWIC / 28th Annual NAWIC Golf Tournament at Sky Creek Ranch Golf Club 5 IIDA / Baylor McKinney Tour 7 CREW Dallas / Board Meeting 12 IREM Dallas / Chapter Luncheon 12 ASID / Monthly Meeting 14 Flag Day 18 AIA / Lecture (Ron Hobbs Architects) ‘Municipal Architecture’ 21 NAWIC Fort Worth / Chapter Meeting 21 USGBC - NTCRA / Mixer 24-26 BOMA / Annual Conference and Every Building Show (Seattle, WA) 25-28 NTCRA / Keep Texas Beautiful Conference (San Antonio) 29 ASID / Texas Chapter Board Meeting
JULY 4 Independence Day 17 BOMA Dallas / Monthly Membership Meeting (at Eddie Deen’s Ranch) 18-21 TEXO / AGC Texas Building Branch Convention 18 NAWIC Dallas / Chapter Meeting 18 IREM Fort Worth / Luncheon at Joe T. Garcia’s
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S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
INDEPENDENCE DAY is the anniversary of the publication of the Declaration of Independence from Great Britain in 1776.
W T
F
911
PATRIOT DAY
is to remember those who were injured or died during the terrorist attacks in the United States on September 11, 2001.
JULY 19 NAWIC Fort Worth / Chapter Meeting 19 Juneteenth 20 ASID / Texas Chapter Leadership Retreat 22 Parents’ Day
AUG 2 CREW Dallas / Board Meeting 8 ASID / Texas Chapter Board Meeting 8 ASID / Legacy of Design Awards Celebration 9-10 METROCON12 / Expo & Conference at Dallas Market Center 16 NAWIC Fort Worth / Chapter Meeting 21 BOMA Dallas / Monthly Membership Meeting 24 BOMA Dallas / Sporting Clays Tournament
SEPT 6 CREW Dallas / Board Meeting 11 IREM Dallas / Chapter Luncheon 11 AI / Chapter Meeting 11 Patriot Day 18 BOMA Dallas / Monthly Membership Meeting 19 Fort Worth / Luncheon 20 NAWIC Fort Worth / Chapter Meeting 24 IREM Dallas / Annual Golf Tournament 27 NTCRA / Green 3 Awards Luncheon (Irving Convention Center)
thearsenalcompanies.com
682.224.5855 68
THE NETWORK | JUNE2012
Entries are the best information available at press time. Check the website of the organization in advance for changes and up-to-date information. If your commercial real estate organization is not included and would like to be, please write to editor@crestpublicationsgroup.com. (See the masthead page for association websites.)
what’s in a name?
There’s A Phile For That! You probably know that numismatists study and collect coins and currency, and that philatelists study and collect stamps...
Why do people with closed minds always open their mouths?
but other groups of collectors have their own less-wellknown names, too.
Can you name these 5 advertising icons?
Arctophiles collect teddy bears. Arenophiles collect sand samples from around the world. Brandophilists collect cigar bands. Deltiologists study and collect postcards. Entredentolignumologists are collectors of toothpick boxes.
(answers on page 72)
Falerists study and collect medals, badges, pins, and other military and civilian awards and decorations. Fusilatelists collect phone cards issued by telecom companies (in the UK). In the US, these collectors are known as telegerists.
T DIR
1
Helixophiles study and collect corkscrews. 2
Labeorphilists are collectors of beer bottles. Lotologists collect lottery tickets, both used and unused. Pannapictagraphists collect comic books. Plangonologists collect dolls.
Hot Diggity Dog
Phillumenists collect matchbooks. Scutelliphiles collect souvenir patches and badges. Sucrologists collect those little sugar packets that you (or they) get in restaurants. Tegestologists coasters or beer mats. They should probably team up with Tyrosemiophiles collect cheese labels.
3
Vexillophiles collect and display flags.
4
…and there are a seemingly endless list of these!
SHHHHHHHHH. IT’S A SECRET…TELL EVERYONE! DOES YOUR COMPANY HAVE AN UNUSUAL NAME, or an interesting story as to how its name came about? Tell us about it and we just might help tell your story. editor@crestpublicationsgroup.com
HAIRGOOP 5
JUNE2012 | THE NETWORK
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THE LINKS DIRECTORY Accessibility
Executive Search, Interim Placements & Training
Architecture - consultants, services
Exterior Wall Consulting
STATE LICENSED
1601 Luna Road CONSTRUCTION Carrollton, TX 75006 CONSULTING phone 972-466-1103 INTERNATIONAL fax 972-245-6047
CCI standard services include:
www.sunited.com
gblackburn@sunited.com
• New Construction Design Peer Review and QC Inspections • Building Envelope Condition Survey for Due Diligence, Maintenance Budget, and Water Penetration Bryan S. Stevens, CSI • Remediation Design, Project Management, and QC Inspections President • Forensic Investigation Reports, Deposition, and Trial Testimony George M. Blackburn III, AIA • Storm Damage Analysis and Restoration Management Consulting Manager • Borescope Inspection of Wall Cavity • Davit and Tieback OSHA Testing and Certification Andy Wilson • On-Site ASTM Standard Curtain Wall and Window Leak Testing Laboratory Manager
STATE LICENSED
1601 Luna Road CONSTRUCTION Carrollton, TX 75006 CONSULTING phone 972-466-1103 INTERNATIONAL fax 972-245-6047 www.sunited.com
CCI standard services include:
gblackburn@sunited.com
• New Construction Design Peer Review and QC Inspections • Building Envelope Condition Survey for Due Diligence, Maintenance Budget, and Water Penetration Bryan S. Stevens, CSI • Remediation Design, Project Management, and QC Inspections President • Forensic Investigation Reports, Deposition, and Trial Testimony George M. Blackburn III, AIA • Storm Damage Analysis and Restoration Management Consulting Manager • Borescope Inspection of Wall Cavity • Davit and Tieback OSHA Testing and Certification Andy Wilson Laboratory Manager • On-Site ASTM Standard Curtain Wall and Window Leak Testing
Business Development
It’s a Four-Letter Word (but it has no vowels)
DIVERSI NS
BRRR - REALLY cold! PSST - An interjection used to attract someone’s attention. PFFT - An interjection used to express that something is dying or fizzling out.
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Fountains
Janitorial - services, supplies, systems
Furniture
Paving
Interior Landscaping
Janitorial - services, supplies, systems
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THE LINKS DIRECTORY Paving
Security
Water Treatment
Only Your Windshield Kills More Bugs Than We Do! At Reliable Paving we dig in and get the job done. We specialize in commercial projects, churches, schools, hospitals, shopping centers, multifamily, and office buildings. Call 817-467-0779 or 1-800-582-3026 for your free estimate.
1903 North Peyco Dr. Arlington, TX 76010 Phone: 817-467-0779 Fax: 817-467-9148
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HIGH-RISE WINDOW CLEANING SPECIALISTS
Pest Control
• Roof anchor inspections • Stain and scratch removal • Pressure cleaning • Municipalities, government, schools Universities, medical facilities • Multiple property discounts • BOMA member since 1984 operations@citywidebuildingservices.com Woman Owned & Minority Certified • Owners: Mary Anne & Linda Amodeo $10 million liability insurance/workers comp
Serving the DFW community since 1998
References include 40+ property management companies
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A Surreal Thought
DIVERSI NS
Does killing time damage eternity?
ANSWERS FROM PG. 69 1. The White Knight
3. Count Chocula
The original slogan for Ajax powder was “Stronger than dirt.” This was a reference to the muscular character Ajax of Greek mythology. In the 60s, their commercial featured a white knight on horseback who rode around making everything white when he touched it with his magic lance.
In 1971 General Mills ‘created’ the Count, along with his pal FrankenBerry. The following year Boo Berry was introduced. The monsters (with voices reflective of Bela Lugosi, Boris Karloff and Peter Lorre respectively) dominated the cereal aisle (with in box prizes). Beginning last year, General Mills announced that these cereals will only be manufactured and sold during the fall (Halloween) season.
2. Wienermobile An automobile shaped like a hot dog on a bun used to promote Oscar Mayer products. Created in 1936 by Carl G. Mayer (Oscar’s nephew), variations are still in use today. 72
THE NETWORK | JUNE2012
4. Brylcream A popular men’s hair product of the 50’s and 60’s. Its jingle was: “Brylcream, a little dab’ll do ya,
Brylcream, you’ll look so debonair. Brylcream, the gal’s ‘ll all pursue ya! They’ll love to get their fingers in your hair”.
5. Charlie the Tuna The mascot for StarKist Tuna was created in 1961 and appeared in more than 85 advertisements until the 1980s, when the campaign was retired. The “Sorry, Charlie” slogan was everywhere. Charlie made a comeback in 1999 and again in 2011 with people saying “Thanks, Charlie” as opposed to “Sorry, Charlie”.
ANSWERS FROM PG. 34 1. Anita Perry (wife of Governor Rick Perry) 2. Ann Romney (wife of former Governor Mitt Romney) 3. Callista Gingrich (wife of former Speaker of the House Newt Gingrich
4. Carol Paul (wife of Congressman Ron Paul) 5. Jill Biden (wife of Vice President Joe Biden) 6. Gloria Cain (wife of former candidate Herman Cain) 7. Marcus Bachman (husband of Congresswoman Michelle Bachman)
8. Karen Santorum (wife of former candidate Rick Santorum)
9. Michelle Obama (First Lady and wife of President Barack Omama)
contest
WORD SEARCH
Fictional Location Location Location After our VERY difficult contest in March, we’ve eased up a bit. Find and circle the 20 words listed below and email to editor@crestpublicationsgroup.com or fax to 817-924-7116 before the end of the day on May 31st. Six winners (selected at random from the correct entries) will each receive two prizes (yes - you read that correctly!) – a BoomBox and a Cordini. (See page 56-57 for details on each.)
L V V L S U N N Y D A L E P N
H G N S N K C I W T S A E N O
C C R S R U A T L A N T I S E
• ATLANTIS • BARCHESTER • BEDROCK • BRIGADOON • DIMSDALE
T K I E T D B E D R O C K C S
A Z R W T M I D P B S K L H P
P S T A D S A M A N O H C I R
G B D S P I E R S H I R Z Y I
• DOGPATCH • EASTWICK • EL DORADO • GOTHAM CITY • MIDDLEMARCH
O G R R P H M H Y D A W J P N
D D M I O Y T I C M A H T O G
M T A U G F A U E R E L Q A F
R Z N R D A P L O M A A E H I
I D T F O A D E Z S A B D N E
• MIDWICH • MOUSETON • QUIRM • SOUTH PARK • SPRINGFIELD
CONTEST WINNER
U K S H V D N O T E S U O M L
Q H I I I O L A O S H I J P D
G M H M F N W E X N G Q B E Y
• ST MARY MEAD • STEPFORD • SUNNYDALE • TWIN PEAKS • XANADU
ANSWERS TO LAST CONTEST ... Stuff Happens. Names Change.
Congratulations Congratulations to Jorden Dial, Director of Business Development for Lee Lewis Construction, the winner of our most difficult contest ever. He correctly matched all 26 in our Where’s It At? Contest and won 4 tickets to Mireya Mayor/National Geographic at the Winspear.
• Bechuanaland – Botswana
• Kampuchea – Cambodia
• Belorussia – Belarus
• Nyasaland – Malawi
• Belgian Congo – Zaire • Bombay – Mumbai
• British Honduras – Belize
• British Mandate of Palestine – Israel • Burma – Myanmar • Ceylon – Sri Lanka • Dahomey – Benin
• Dutch East Indies – Indonesia • Dutch Guiana – Surinam
• East Pakistan – Bangladesh • French Sudan – Mali • Gold Coast – Ghana
• New Holland – Australia
• Orange Free State – Union of South Africa • Peking – Beijing • Persia – Iran
• Rhodesia – Zimbabwe • Siam – Thailand
• Southwest Africa – Namibia
• Territory of the Afars and the
Issas – Djibouti
• Upper Volta – Burkina Faso
• Zaire – Democratic Republic of the Congo
PRSRT STD U.S. Postage
PAID
Permit No. 49 Lubbock, TX