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NAIOP Works!

ommercial real estate develop- Nevada Chapter of the National Association mercial real estate development industry’s ment is about more than just of Industrial and Office Properties (NAIOP) participants – developers, architects, con- Cbuildings and projects. It impacts has been here for more than 20 years, sultants, lenders, brokers, designers, gen- all aspects of life in Southern Nevada, from guiding the future of the industry as it con- eral contractors and engineers – as they enabling job growth, to diversifying the tinues to transform the build some of the most exciting and cre- state’s tax revenue base, and more. The in- into one of the nation’s most prominent and ative industrial, office, retail and mixed-use dustry’s reach is vast and one whose di- forward-looking metropolitan areas. projects in the country. rection takes great skill and experience to NAIOP has a proven track record of serv- At nearly 900 members and growing, ensure positive benefits to the industry, ing the business and greater community, NAIOP is one of the largest and most active economy and the community. The Southern advocating in the best interests of the com- real estate trade organizations in the state. As the fourth largest in the country, the chapter benefits greatly from dedicated volunteers who help steer the organization, and aid the community at large to under- stand the nuances of the commercial real How does estate industry. “One of our areas of focus every year is to “NAIOP Work” enhance the public and public officials' un- derstanding of the economic and fiscal for you? benefits generated by the commercial real estate development industry,” said John Restrepo, president of the Southern Neva- da Chapter of NAIOP. “We do this through “Personally, my involvement in the organization has led me to various programs designed to support our members with an emphasis on education, what has now turned into lifelong friendships and business al- government affairs, recognition, network- liances with some of the most talented members of our commu- ing, community service and the benefit of nity. As a full service general contractor, our firm values serv- our activities on Nevada’s economy.” With membership consisting of execu- ing NAIOP's members.” tives from all ranks of the business com- munity, NAIOP serves as a medium that Jeff Manning, Principal fosters lasting partnerships, with the ongo- Action Building Group ing addition of new committees, events and educational workshops. The chapter con-

8 NAIOP 2008 tinues to expand its membership, improv- ing synergy among members to develop the Las Vegas Valley with tremendous focus and foresight. Recognized by the national organization as the 2007 NAIOP Chapter of the Year, what was already a formidable voice is growing How does stronger with each relationship it forges. As the Southern Nevada Chapter nears the 25- “NAIOP Work” year mark, it has a message that will res- for you? onate loudly. NAIOP WORKS. It works not only for business, but for everyone.

Education “NAIOP works for me personally by providing a diverse membership of industry professionals in a forum to exchange Education is one of the highest priorities of Southern Nevada NAIOP, which is dedi- market knowledge and ideas. It also allows for an increased cated to keeping members up to speed on recognition and exposure for Panattoni.” current industry trends and business prac- tices. The Chapter’s Programs and Educa- Benjamin Campbell, Development Manager tion Committees work to host events Panattoni Development Company, Inc. throughout the year including breakfast meetings, workshops and seminars. This group recently formed a committee to track

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NAIOP 2008 9 big picture of the economic, political and other factors that continue to influence the market.” The Programs Committee puts together various informational programs through- out the year at the chapter’s monthly breakfast meetings with topics spanning Members hold a food drive to support the from diversifying land uses, McCarran In- Members network at the mixer chapter’s community service efforts. ternational Airport’s expansion, project fi- held at the Stratosphere. nancing and more. trends and educate members on sustain- The Chapter’s Education Committee were so successful, the chapter continues able development practices. It instituted an hosts many seminars and workshops that the series each year. educational program for younger members include both members-only events and Over the years, the committee has and supports the University of Nevada, Las events open to the business community at teamed up with other professional organi- Vegas real estate students through schol- large. In 2006, the committee introduced a zations to create seminars and workshops. arship and mentorship programs. series of permit-processing workshops to NAIOP joined the Associated General Con- “The long-term success of NAIOP is de- guide members through the necessary pro- tractors Las Vegas Chapter to educate pendent on educating our members and tocol for commercial development in the members about the impact of rising land ensuring they have the best information Las Vegas Valley’s four municipalities. Each costs, labor and materials on the industry. possible on the issues that impact our in- workshop was presented by representa- It also partnered with the local chapter of dustry,” said Kyle Nagy, board liaison to tives of the respective municipalities and the U.S. Green Building Council to explore the Education Committee. “We continue attendees learned the correct way to green building issues. The discussion in- to add more and more educational pro- process commercial developments from cluded defining the elements of green grams to help members understand the the decision makers themselves. These building, Leadership in Energy and Envi-

Pavilion in Summerlin Named Office Building of the Year

avilion, a 154,000-square-foot, development in the Summerlin area Class A office building in the “We are proud to bring for Charleston Pavilion LLC. Jason PSummerlin area, recently Pavilion to the master- Awad, managing partner of earned top honors from the Southern Charleston Pavilion LLC and Iain Fin- Nevada chapter of National Associa- planned Summerlin area as layson, managing director, collaborat- tion of Industrial and Office Properties ed on Pavilion. (NAIOP) Spotlight Awards, including the first Class A office build- Awad said, “We are proud to bring Office Building of the Year and Office Pavilion to the master-planned Sum- Building Five-Plus story. ing in Summerlin Centre.” merlin area as the first Class A office Pavilion is located at 10801 W. building in Summerlin Centre and we Charleston Blvd. at Pavilion Center Ameritrade, Colonial Life, Word & are looking forward to other projects in Drive. This Class A office space is part Brown and Avery Brooks & Associates, the Summerlin corridor.” Awad said of Summerlin Centre, a 400-acre com- among others. he wanted a first class atmosphere for munity being developed by The KKE/Howard F. Thompson & Associ- tenants, with spectacular views of the Howard Hughes Corp. The area sur- ates served as the architects and de- city and the mountains, upscale de- rounding Pavilion will include office signers of the building and Whiting- signs and generous amenities. buildings, condominiums, homes and Turner Contracting served as the “We hope this is a building the en- shopping within close proximity to the general contractor. Pavilion features a tire community is proud of and that I-215 Beltway. variety of upscale features and ameni- this award will lend to a sense of en- Pavilion is a prestigious address – ties for tenants, along with ample cov- ergy and excitement for the employ- with the “Who’s Who” of tenants, in- ered parking. ees who work at the building as well cluding City National Bank, UBS, TD Pavilion is the first office building as their familes.”

10 NAIOP 2008 ronmental Design (LEED) certification and wall coverings and durable flooring prod- sustainable development. ucts. Other topics of interest are the incen- In addition to workshops, NAIOP takes an tive programs being offered by local utility active role in promoting sustainable devel- companies, trends in the construction recy- opment throughout the valley. In fact, the cling industry and state tax incentives. chapter formed the Sustainable Develop- Another educational focus for the chap- ment Committee to focus on educating ter is proactively grooming tomorrow’s members about the emerging green build- leaders. The chapter launched its new De- ing market. The committee serves as a re- veloping Leaders Institute (DLI) program source to NAIOP members, identifying best this year. DLI, which kicked off in January, practices and evaluating new products, is a 12-month leadership and education strategies and incentives. program specifically designed for members Sustainable Development Committee under the age of 35. Chair Pam Vilkin is the current president of “We recognized an opportunity to pro- the U.S. Green Building Council’s Nevada vide advanced education in the real estate Chapter, and is a nationally recognized disciplines to our younger members,” said green building consultant. LEED certifica- Chris Dickey, chair of the Developing tion criteria and links are available on the Leaders Institute Committee. “This pro- chapter’s Web site to provide members a gram is geared toward preparing our suc- source for learning about and utilizing the cessors to take over the leadership of the growing list of sustainable resources. organization. NAIOP, as a national organi- The Sustainable Development Commit- zation, has put a strong emphasis on its tee has studied samples of environmental- young members and our chapter is doing ly-friendly construction materials, such as the same.”

How does “NAIOP Work” for you?

“The relationship between CB Richard Ellis and NAIOP dates back more than 20 years, when then Managing Director Don Haze helped start the chapter and served as its first president. Today, CBRE has 22 employees who are members of the South- ern Nevada chapter; the influence of NAIOP in Las Vegas is not easily replaced.”

Craig Shute, Managing Director CB Richard Ellis

NAIOP 2008 11 DLI brings together 25 motivated individ- ers, whose expertise and experience are overview of commercial real estate, mar- uals coming from various backgrounds, integral to understanding the shifting eco- ket analysis, site selection, financing, ar- areas of expertise and levels of experience, nomic market climates. chitecture and design, marketing, invest- to create a diversified group with a wealth The year-long course has 12 compo- ment analysis, construction, local market of resources and knowledge. Each mem- nents. The first retreat focused on self- trends, national market trends, and per- ber of DLI is given an opportunity to build a evaluation, communication, problem solv- sonal development. foundation of information, knowledge and ing and team building. The remaining “Although we are only a quarter of the industry fundamentals taught by the com- components are courses covering all areas way through the program, tight relation- mercial development industry’s top lead- of commercial development, including an ships have been fostered through the training retreat, monthly classes, and mix- ers,” said Christine Girardin, DLI class president. “The group has really taken the reins in guiding the direction of the DLI and its successes. We have already learned valuable lessons, such as taking advan- tage of every opportunity that is present- ed, the importance of building relation- ships and forming close bonds that will help contribute to professional and per- sonal success and happiness, and that you don't have to wait until you're a seasoned veteran to make an impact in your profes- sion and on your community.” The DLI members have decided to incor- porate additional learning experiences into the curriculum. To gain a better under- standing of construction, they recently toured a tilt-up construction project that is being developed by Marnell Properties and constructed by Burke & Associates. They will be touring the Molasky Corporate Cen- ter to gain a better understanding of the LEED process and what it takes to develop a LEED Gold certified project. They have also decided to improve their communica- tion skills by having an instructor teach a special course on public speaking. A DLI picnic and various fun team-building events, such as paintball, bowling, and go- carting have also been planned. “I’m pleased to say the DLI is going for- ward as planned and that the inaugural class has been very active and dedicated,” said Brad Schnepf, board liaison to the DLI Committee. “This team of young profes- sionals has already formed a strong bond that will result in life-long friendships and business relationships.” The Southern Nevada Chapter modeled the DLI program after the NAIOP SoCal Chapter’s Young Professionals Group. This group began its educational program in 2005. Its second class graduated from the program in March 2007, and the group has

12 NAIOP 2008 THE HEART OF LAS VEGAS

DISCOVER THE CITY YOU’VE BEEN WAITING FOR!

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Le`feGXib`jX[\m\cfgd\ekf]1 been extremely successful in its efforts to Govenment foster new leaders. Affairs Southern Nevada NAIOP not only edu- cates its members, it supports other local While the organization is well known for education programs. Since 1993, the its networking and educational opportuni- chapter has been involved with the UNLV ties, it has always had a strong focus on Foundation donating to a scholarship en- government affairs. The chapter was dowment. Last year, the chapter increased formed in 1986 by a group of developers its annual contribution three-fold, to who wanted to create a unified voice to $75,000, providing one full scholarship represent its interests in the community per semester to a student in the real es- and with legislators. tate department. When it comes to government affairs, The Southern Nevada Chapter has con- NAIOP takes a multi-faceted and compre- tinued to strengthen its relationship with hensive approach to representing mem- the Lied Institute for Real Estate Studies at bers’ interests. Leaving no stone unturned, UNLV through two programs. First, the the 40-member Government Affairs Com- Mentor Program matches real estate stu- Congressman Jon Porter addresses mittee works to advocate the chapter’s po- dents with NAIOP members, with regular the chapter at a breakfast meeting. sitions to local, state and federal represen- meetings throughout each semester to ex- tatives to gain support for issues dealing pose them to commercial real estate. Sec- meetings at no charge. Through these pro- with the commercial real estate industry. ond, the chapter supports the student as- grams, students have the opportunity to Responsible for monitoring government sociation, Real Estate Business Society meet professionals in the industry, and they agencies through interaction with depart- (REBS), whose members are invited to at- also attend and serve as volunteers at ment heads, staff and elected officials, the tend the chapter’s monthly breakfast major events. committee makes policy recommendations

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14 NAIOP 2008 to the NAIOP Board of Directors and its Commercial Real Estate Political Action Committee (CREPAC). The purpose of CREPAC is to enhance the public’s and public officials’ understanding of the im- portance of commercial real estate devel- opment through it political contributions How does and public policy research efforts. “NAIOP Work” The committee has built solid personal relationships with public agency represen- for you? tatives, and has become a widely sought after resource for objective information and advice regarding proposed legislation and regulations affecting the commercial real estate industry. “Several past presidents have referred to “If you’re not appearing in the community, you’re disappear- government affairs as the heart of NAIOP,” ing and NAIOP is one of the best organizations to stay con- said Tony Dazzio, the chapter’s immediate nected to the real estate community.” past president and long time member of the Government Affairs Committee. “Members Jason E Kuckler, President want to be assured that their interests and Par Development, Inc. that those of our industry are being repre- sented at all levels of government. Whether it is supporting legislative issues, defeating harmful ballot initiatives, lobbying elected of- ficials on taxes, impact fees, we are the voice of commercial real estate development.” In 2006, the Government Affairs Commit- Honored as 2008 Architecture Firm of the Year tee developed a public affairs position paper that formally documented the most important issues affecting NAIOP members and the commercial real estate industry. The paper detailed positions on taxation and construction law at the state level, and on permit processing time, fees for devel- opment approvals and availability of land for future development at the local level. Each year the committee works to in- crease the chapter’s presence at the local, state and federal levels. NAIOP retains the services of two lobbying firms to assist in its state and local representation. The firms monitor upcoming legislation, testify at committee hearings, and facilitate meet- ings with public representatives. Throughout the 2007 Legislative ses- sion, the committee tracked nearly 100 pieces of legislation that had potential im- pact on NAIOP members, including bills on eminent domain, impact fees, property Dekker/Perich/Sabatini and business tax revisions, development architecture interiors landscape planning engineering of alternative energy sources, water, and transportation. 6860 Bermuda Road, Suite 100 Las Vegas, Nevada 89119 702.436.1006 tel 702.436.1050 fax www.dpsdesign.org

NAIOP 2008 15 Thomas & Mack Development group Helps Las Vegas Metro Police Department Solve Real Estate Case

In 2005, members of the Las LVMPD searched the Valley and afforded us the flexibility to utilize Vegas Metro Police Department’s uncovered Beltway Business different spaces to meet the (LVMPD) Criminalistics Bureau Park, a 400-acre master planned needs of a facility of this size and were up against a hard deadline development with enough space complexity. In addition, the park’s that could have negatively impacted to build their new lab facility. The central location with easy access the future of the entire operation. project, a joint venture between to all highways allowed the facility They were quickly running out of Thomas & Mack Development to serve the entire valley.” space at their existing facilities and needed a new home for “This was one of the most complex Upon further questioning, the forensics lab, crime scene and time sensitive projects we LVMPD discovered that investigation unit and photo lab. If have ever constructed,” T&MDG, a Las Vegas-based they were not in a new building –Rick Myers, president of T&MDG commercial real estate before the looming deadline, the development company unit would face a massive penalty. Group (T&MDG) and Majestic with one of the most diverse and Realty Company, is located on active portfolios of any developer, LVMPD was looking for a developer the south side of the Southern I- had extensive knowledge in tenant with the flexibility to meet 215 Beltway between Jones and improvements. demanding tenant improvement Decatur Boulevards. requirements, access to a team Managed by Harvey Harrigan, of leading professionals to build it “When the LVMPD approached us vice president of design and out, available space in a central for space, Beltway Business Park construction, T&MDG has built location of the Valley, and the was the obvious choice,” said out approximately 1.5 million expertise to have it completed Rick Myers, president of T&MDG. square feet of office, industrial and delivered in 180 days. “The park has a variety of product and flex space over the last five types and space available. This years. In addition, T&MDG has a

Nevada business journal Advertorial long standing relationship with Engineers, and Crisci Builders. A standard HVAC system recycles 85 qualified real estate professionals laboratory consultant was also percent of the air, this lab’s system who have experience in unique brought on board to oversee the could not allow any recirculation. build-outs and tight deadlines. design of the lab. T&MDG quickly To avoid compromising gathered mobilized its team and all members evidence, the cooled air could In March 2005, after some were involved in making the process only be used once before it was interrogation and negotiation, the more efficient. exhausted out of the building. To LVMPD’s Criminalistics Bureau meet this requirement, T&MDG’s was confident T&MDG could In addition to the LVMPD’s space team installed an 80 ton chilled deliver a quality facility. T&MDG needs and tight deadline, T&MDG water central plant at the back of accepted the challenge and had to understand and comply with the building. began the process of converting the department’s strict building flex shell buildings into a state-of- requirements for the facility. The In 180 days, from start of design the-art Forensics Lab facility by a LVMPD was combining several to occupancy, the development September 1, 2005 delivery date. different operations into one team completed the project. facility. Each of these labs had T&MDG delivered the building “Literally, as the deal was being its own set of requirements the to the LVMPD on time meeting inked, we were already starting development team had to consider. all the requirements. the design,” said Harrigan. “It was an intensive process as there “The deeper we got into the “This was one of the most were several moving parts in project, the more complex it complex and time sensitive motion at all times. We were really became,” Harrigan said. “This type projects we have ever lucky that the LVMPD is such an of lab has extensive requirements constructed,” Myers said. “We organized group. They were able to ensure the safe handling of were able to pull together our to expedite the information and sensitive materials. This is one resources, assemble the right obtain the approvals needed to of the main reasons we enlisted team, and get the job done on get the job done.” the help of a consultant who time. I think the success of the specialized in building labs.” project speaks to our company’s T&MDG assembled a team of the ability to meet the unique industry’s top professionals to assist One requirement for the building requirements of our clients.” with the project including JMA was the implementation of a 100 Architect Studios, Harris Consulting percent exhaust system. While a

For more information please call 702-260-1008 “I think we were successful in modifying several bills in the 2007 Legislature so that they didn’t negatively affect our members, which indicates how far we’ve come as an How does organization,” said John Ramous, co-chair of the Government Affairs Committee. “A “NAIOP Work” few years ago we intensified our govern- for you? mental affairs activities and started reach- ing out to leadership at all levels. That hard work has paid off and now we have a seat at the table to get our interests across and help leaders better understand how legis- lation affects the sustainability of this eco- nomic miracle in the desert.” “The representation from NAIOP with our political advocates High on the committee’s list for the 2009 has been extremely important to us, protecting our industry legislative session is holding advance meetings with every state government and keeping us well informed on what is or will be happening leader, conveying its positions on issues with our community.” such as the state’s transportation funding gap and the ongoing debate surrounding Lucinda Stanley, Senior Vice President of Sales, SAXA LEED tax abatement. The Government Affairs Committee fun- nels information through several means to keep chapter members informed including

Plise Development & Construction, LLC Setting Higher Standards for a Better Las Vegas

lise Development & Construc- the intersection of Rainbow Boulevard tion, LLC (PLISE) has estab- “City Crossing and the 215- Beltway, sets the stan- Plished its reputation as one of is where life dard for office and retail in the south- the top commercial real estate devel- west valley. The project is situated on opment and contracting firms in comes together.” 25 acres and totals approximately Southern Nevada. PLISE is changing 536,130 square feet. Tenants include the face of commercial real estate by City Crossing is where life comes to- Boyd Gaming, First National Bank, developing award winning office gether. The project will provide retail Ameriprise Financial, Starbucks and parks, retail centers, healthcare facili- and commercial amenities to the un- other restaurant choices. ties and mixed-use centers. derserved communities of west Hen- Centennial Corporate Center is an- Unlike typical tilt-up and wood-frame derson and is the first stop for visitors other example of PLISE’s ability to construction commonly found in the from southern California. City Crossing combine Class A office space with re- Southern Nevada marketplace, PLISE is will consist of approximately 6 million tail to create an urban environment in one of few industry pioneers to raise the square feet including 1 million square a suburban market. The project is set development bar by constructing true feet of Class A office, 1 million square upon eight acres and includes Class A office buildings that incorporate feet of life style retail, dining and en- 125,952 square feet of Class A office steel, concrete, glass and premium fin- tertainment choices and 2,500 luxury space, 11,212 square feet of retail ishes with accessory retail amenities. residences. A central park and pro- space and a 1-acre bank or medical The firm is also positioned to stake its grammed trails are woven throughout office pad site. Centennial Corporate claim in the mixed-use development the project connecting the various Center is located just off U.S. 95 at Ann sector with its 126-acre City Crossing communities coming together within. Road and serves as a corporate center project currently under construction. Rainbow Sunset Pavilion, located at for the rapidly growing northwest.

18 NAIOP 2008 ELEVATED¬ARCHITECTURE a monthly e-newsletter, NAIOP Now and legislative updates via the chapter’s newly redesigned Web site. NAIOP makes a wide ¬.!)/0¬.EVADA¬(ONOR¬!WARD¬ range of information available on the site, )NDUSTRIAL¬)NTERIORS including links to outside sources of infor- mation to educate members on the chap- ter’s initiatives. Recognition NAIOP works to recognize its members and their firms, with a mission to catapult them to the forefront when they achieve success. Through its awards programs, ex- ternal communication campaigns and peer recognition initiatives, the chapter is dedi- cated to supporting its membership and giving credit where credit is due. The chapter hosts its own annual awards 5 ++$8ä5($6ä" 2(-.ä show to recognize the region’s top com- 5@KKDXä"DMSDQ ä" mercial and industrial projects and the companies that build them. Now in its 11th year, it is one of the most popular and pres- #!,)&/2.)!¬ ¬ ¬ ¬ ¬ .%6!$!¬  tigious annual functions in the Valley, even WWWJMAARCHCOM being dubbed the Academy Awards for of- fice and industrial developers. “It tends to attract many of the local movers and shakers that might not attend other NAIOP functions regularly,” said Sal- KortKoKorKortorortrteCe CoC mpammpanmpppapanny BBoowwlinwlwlilinlinngOg OuOutingtingiinng HighHiHigighihiigghghlandlanllaandanandnd,IL,I,ILIL - 11998833 lie Doebler, a member of the chapter’s 0 909 9 1

board of directors. “It also instills a spirit of -1 - y-19 y-1 y- y t good-natured competition among the par- rt r art ar a Par Pa P ticipants. The winners proudly announce n on ion io i t their achievements in subsequent public at a iat i ciat cia ci c

relations releases, which in turn increases re r pre pr p the recognition factor for the Spotlight ppre ppr pp p Awards and NAIOP.” The NAIOP Spotlight Awards has steadily grown in attendance and participation each year, and is now recognized as Southern Nevada’s premier awards event for com- HighHigig llandand VV.FVF.W.-. -19771971 7 mercial real estate. “The Spotlight Awards have impacted membership as the event showcases the BBlBlacBlallaclaacack Ri River-vervever-errr- dynamic element of our chapter,” said MMiMisMissississssourioououruriurriri-1971971199778 Kevin Pentony, chair of NAIOP’s Member- ship Committee. “Non-member attendees are exposed to the strength of our organi- zation, the diversity, and the powerful in- dustry leaders who are active in Southern Nevada NAIOP.” 9225 W.F. FLAMLAMMINGO ROAD I SUISU TE 100 NAIOP’s other signature event is its an- LAS VEEGGAS, NV 89147 77022.22.2. 8.98.99551 I kortor ecoco.cocoom DESIGN-BUILD CONSTRUCTION nual Bus Tour, which introduces executives NV LICENSESE NONO. 005700570057075 to the local commercial real estate market.

NAIOP 2008 19 Held each October, the tour brings together more than 500 attendees to get a snapshot of the valley’s new office and industrial properties. Participants also receive a tour guidebook containing information on each How does of the showcased properties including the developer, broker, contractor, property “NAIOP Work” square footage and lease or sale rates. “The Bus Tour serves an important func- for you? tion in informing the Las Vegas business community of the myriad of industrial and office projects that are built and marketed by NAIOP members,” Pentony said. “It is also an important recruiting tool for poten- tial NAIOP members, since there are such a “Being an active member of NAIOP gives me the opportunity large number of non-members who attend to meet with the people that are ‘in the know’ in commercial the event.” In addition to internal recognition, the real estate in Southern Nevada.” chapter also highlights its members in its external communications. The chapter is J. Bradd Greene, Account Executive unveiling a new ad campaign for 2008 that McFadden Insurance Company pays homage to its triumphs, at the heart of which are the commercial projects devel- oped by NAIOP members. Wearing the tag

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20 NAIOP 2008 line “NAIOP Works,” the ads will feature completed projects in the Valley with NAIOP member involvement, tangibly demonstrat- Commerical Division ing how NAIOP membership and network- David Medley ing leads to real results. Assistant Vice President The chapter reached out to members to Commercial Marketing Director survey completed projects with the most (702) 496-1553 direct NAIOP members involved. The winning pro- Email: [email protected] jects included EJM Development’s The Ar- "The most resourceful people in town" royo and Plise Development & Construc- tion’s Rainbow Sunset Pavilion. Both will be featured in the first ad of the campaign. Between them, the two projects feature ap- proximately 42 NAIOP members in all. “This campaign was meant to showcase how NAIOP can work for its members,” said Karen Marshall, chair of the Chapter’s Com- munications Committee. “These projects are proof that the organization serves as a conduit for ideas that, ultimately, lead to partnerships. We’re excited to highlight these great projects and show the business community once again the many benefits of being a Southern Nevada NAIOP member.” The chapter’s quarterly newsletter, NAIOP Now, also serves to increase mem- ber exposure to one another, the media and the public. The 50-page glossy magazine recaps the chapter’s quarterly activities and future events, member profiles and their companies’ achievements and indus- try trends. Members can submit press releases and news through the NAIOP Web site, which are included in the printed publication as “Newsbites.” These are very popular as many members showcase the ongoing progress of their projects in the section. In addition to the editorial content, the chap- ter offers paid advertisements to members, providing yet another means of marketing their products and services. The chapter also encourages its members to engage in the national organization’s peer recognition programs. One testament to the Southern Nevada Chapter’s efforts and ef- fectiveness is its selection as 2007 Chapter of the Year. The designation was among five honors NAIOP-National bestowed upon the Southern Nevada Chapter in February at the annual Chapter Merit Awards ceremony in Washington, D.C. Other merit categories in- cluded Outstanding Contribution by a Chap- ter Executive, Community Service, Legisla-

NAIOP 2008 21 tive/Government Affairs and Best Periodical Publication. “I am very proud of our chapter for such an important accomplishment,” said Re- How does strepo. “I believe it’s yet another example “NAIOP Work” of what a strong chapter we have. It takes every member, from the board to the com- for you? mittee chairs to individuals and their firms contributing their time, talent and treasure to win Chapter of the Year, NAIOP's top na- tional award.”

“NAIOP gives me the opportunity to network with a broad Networking range of individuals who are involved in the commercial devel- NAIOP hosts countless networking op- opment industry. The organization is developer-based, allow- portunities throughout the year, and they amount to far more than exchanging hand- ing us access to the local developers who are building projects shakes and business cards. The organiza- in the region.” tion’s structure provides something for everyone – whether you prefer the social John Woods, Division Manager for the Las Vegas office aspect or if you’re into advocating on be- United Construction half of the organization as part of its gov- ernment affairs committee. The medium has fostered solid relationships, encourag-

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NV Lic# 59002 AZ Lic# R0C220994 ONESTOPROOFSHOP.COM ing solidarity and camaraderie among in- a direct result of the event. information sharing is what the organiza- dustry members. “These events have been successful in tion is all about.” It is the Chapter’s Membership Commit- building stronger professional and person- tee that focuses on promoting member-to- al relationships, leading to greater under- member access, and one of its greatest standing amongst industry peers,” Restre- Community successes has been connecting with mem- po said. “It’s beneficial to me to be able to Service bers as they first join, immediately immers- call up one of our principal members [or ing them into the organization. developers] and ask them questions about NAIOP works not only to shape the phys- “Every new NAIOP member is assigned a their projects and costs, and he can ask me ical landscape of the Valley through devel- mentor from the Membership Committee, about what our research is showing on the opment, but in recent years has expanded whose duties are to welcome the new market. This type of one-on-one, informal its focus on shaping the community itself. member, answer questions they might have about committees or activities and in- troduce them to NAIOP board members or other members that they have a desire to meet,” said Pentony. “It is important to be- come involved right away. The last thing that we want is for someone to join NAIOP, go to a couple of meetings and then drop their membership after a year saying they received no benefit.” The chapter has established 13 commit- tees to seek out ideas and add value to memberships. Within each of these groups are numerous leadership positions that allow members an active role in developing the organization, defining future leaders and more. “NAIOP is unique in that it empowers vast numbers of its members through membership benefits and committee par- ticipation,” Pentony said, adding that 80 percent of attendees leave the new mem- ber orientation having signed up for at least one committee. “I think that is re- flected in the phenomenal growth of the chapter in the last 10 years and in mem- ber retention.” Besides exclusive members-only events, the chapter offers many events open to non-members. The monthly breakfast meetings are well attended for their speak- ers and topics, which range from industry issues to presentations by elected officials at the state and federal levels.With as many as 450 people in attendance at each pro- gram, non-members get a clear picture of the quality of the membership experience. For the first time in 2007, the chapter held a cocktail mixer open to non-mem- bers at The Platinum, an exclusive new high-rise property in Las Vegas. This was a unique opportunity for non-members to ex- perience the networking value of the orga- nization, and many new members joined as

NAIOP 2008 25 ment to enhance its community service ef- forts and establish a fund in remembrance of one of its most dedicated members. The Casey Jones Fund serves as the backbone of the organization’s community service outreach, which is managed by the non- profit Henderson Community Foundation. “Casey Jones initiated the community service effort as a subcommittee of the Membership committee,” said Barbara De- maree, chair of the Community Service Committee. “He was dedicated to giving back to the community and which he did so well. The chapter has embraced his vision and continues to give back generously to the charities NAIOP sponsors.” Throughout its 22-year history, the chapter was to recommend non-profit organiza- The chapter seeks out non-profit orga- and its members have donated time and tions to support and coordinate efforts to nizations traditionally underserved in the money to organizations dedicated to en- help the organizations. While the non-prof- community, and where needs can imme- hancing the quality of life for children and it organizations may change, the chapter’s diately be addressed. This year it decided seniors throughout the Las Vegas Valley. primary focus is on local charities with an to continue a relationship with Communi- In 2006, the chapter created its Commu- emphasis on children and senior citizens. ties in Schools and Helping Hands of nity Service Committee whose purpose In 2007, the chapter made a commit- Vegas Valley.

Juliet Companies Rise Above Retail Slowdown

as Vegas owned and operated ly-anchored retail space, located at the itan area generally underserved. Ten- since 1986, Juliet Companies is a northwest corner of Blue Diamond Road ants include Target, which is schedule Lfull-service development compa- and Valley View Boulevard in the fast- to open July 2008, and Sportsman’s ny with extensive experience in the de- growing, southwest quarter of the Las Warehouse. Inland Western Retail Real velopment, construction and manage- Vegas Valley. Tenants include Target, Estate Trust, Inc. is the equity partner in ment of commercial and residential real Kohl’s, and In N Out Burger. Blue Dia- the joint venture. estate. Over the past several years, Juliet mond Crossing opened October 2006, The first major retail power center in Companies has expanded upon its im- with completion scheduled through first the North Fifth Commercial Corridor, pressive track record with the develop- quarter 2009. Deer Springs Crossing is approximately ment of several retail power centers an- Located at the northwest corner of 325,000 square feet of nationally-an- chored by nationally recognized tenants. Lake Mead Parkway and Water Street chored retail space, located in the City Despite the relative slowdown in the in Henderson’s Downtown redevelop- of North Las Vegas. Phase I of the shop- retail real estate sector, Juliet Compa- ment area, Lake Mead Crossing is ap- ping center opened with Kohl’s in Octo- nies continues to thrive with continued proximately 750,000 square feet of na- ber 2007 and the remaining phases are and new development of several retail tionally-anchored retail and office anticipated to open in the second quar- power centers throughout the Las Vegas space. Not only is Lake Mead Crossing ter of 2009. Deer Springs Crossing, Valley. Such projects include Blue Dia- the largest retail power center current- along with the adjoining shopping cen- mond Crossing, Lake Mead Crossing ly under development in the city of Hen- ter known as Deer Springs Town Center, and Deer Springs Crossing. derson, it is also one of the largest re- will provide approximately 1 million Blue Diamond Crossing is approxi- tail projects in Southern Nevada, square feet of retail space at the North mately 550,000 square feet of national- bringing national tenants to a metropol- Fifth Street and I-215 interchange.

26 NAIOP 2008 NAIOP began working with Communities in Schools, an organization that supports low-income children and families through the school setting in 2005. Two years later, NAIOP raised more than $7,000 in cash How does and in-kind donations for the WeekEnd Hunger program and for furnishing the “NAIOP Work” medical clinic at Cynthia Cunningham Ele- mentary School. The WeekEnd Hunger pro- for you? gram provides children with a brand new backpack, filled with enough food to get them through the weekend. The clinic pro- vides free medical care to low-income and homeless students attending the school “NAIOP is our front door to assembling first class design- who lack access to medical and dental ser- build project teams for our client’s projects. NAIOP is also a vices. The Cunningham Health Clinic was modeled on a pilot program at Reynaldo link to future clients who seek our services as a design/build Martinez Elementary School in North Las general contractor.” Vegas, which aided more than 6,000 at- risk students in its first year of operation. Robert Silecchia, Vice President “These kids are in less than ideal cir- SR Construction cumstances through no fault of their own, and Communities in Schools not only tends

Majestic Realty Co. Tops 5 million square feet in Las Vegas

ecently surpassing five million “Creative uses of warehouse build- square feet of development in ings for our tenants like Nevada Rthe Las Vegas market, Majes- “Creative uses of warehouse Power and Switch, showcase our tic Realty Co. continues its expansion ability to keep our buildings flexible in southern Nevada, fueled by its con- buildings for our tenants like while retaining long-term value as sistently high occupancy rates and portfolio developers,” said Rod Mar- strong tenant relationships. Nevada Power and Switch, tin, Majestic Realty Co.’s vice presi- The California-based developer, dent, adding that Majestic and which proudly calls Las Vegas its showcase our ability to keep Thomas & Mack are finalizing plans “second home,” is putting the fin- on the newest phase at Beltway, one ishing touches on the 852,000- our buildings flexible.” that will be larger still. square-foot Warehouse III phase at Martin credits Majestic’s success in Beltway Business Park, strategically Las Vegas to its quality developments, located along the southern leg of I- The 400-acre mixed-use Beltway strong tenant relationships and strate- 215. This project has already at- Business Park, a joint venture between gic locations, including the company’s tracted high-profile clients including Majestic and Thomas & Mack Devel- large warehouse and industrial hold- Switch Communications Group, opment Group, already houses the ings in the resort corridor that attract Graybar Electric Co., Interceramic, record-breaking, 856,000-square- high-profile tenants seeking close-in Inc., MGM Mirage Design Group and foot, build-to-suit facility occupied by locations to serve their convention, Dawn Food Products, Inc. GES Exposition Services. hotel and casino clients.

NAIOP 2008 27 to their nutritional needs, it tends to their spirit,” Demaree said. “So many of us take for granted the roof over our heads and the food on our tables that it is hard for us to imagine how little it takes to make these kids feel special.” The schools have also implemented a clothing closet, providing a change of clothes not only to students in need, but also to their families. It has also started providing a monthly birthday party for the children. “Two years ago, one of the teachers was reading a story about a birthday party, but the kids looked dejected. None of the kids had even had a birthday party before. When this was discovered, a monthly birthday party for the birthday kids was celebrated You’ve Earned It where they get cake and a present,” said Demaree. “We were taking care of their basic needs, but this lets us bring a little joy Late nights and weekends. to their lives. We don’t know how these children ended up as they did, but it does- Airports and rental cars. n’t matter. This is a fantastic charity that Working smarter and harder. does nothing but take care of these kids.” The chapter also supports Helping Hands Only one bank understands the sacrifices you’ve made to of Vegas Valley, an organization that offers get ahead. SouthwestUSA Bank. With perks that say, “I’ve a bag of free groceries once a week to low- arrived.” Like no teller lines. Full service mobile banking income seniors, respite care for hospice capability. And your own personal Managing Director. workers and transportation for seniors who Not everyone gets to be a SouthwestUSA client. Aren’t you are unable to drive. glad you’re not everyone? “We get paper bags donated by Trader Joe’s and staple a list of food items to each SouthwestUSA Bank. Nevada’s only private bank. bag. They serve 150 families per week,” said You’ve earned it. Demaree. “The reason we do a food drive in the spring is this is about the time they start las vegas, nv 853.4700 swusabank.com running out from the Thanksgiving food dri- ves.” Last year, NAIOP raised over $5,000 and 80 cases of food for Helping Hands of Vegas Valley during the spring food drive. Future philanthropic pursuits include constructing a medical clinic at Elaine Wynn Elementary School in West Las Vegas, which will offer at-risk students ac- cess to healthcare. Besides the monetary support for the project, several chapter members are donating their professional services to design and build it. A two-year capital campaign to raise the money for the project is underway. “The Community Service Committee has been very successful and really fits in with the giving nature of the Southern Nevada community,” said Doebler, board liaison for the Community Service Committee. “These are not celebrity charities and we are not

28 NAIOP 2008 doing it just for the recognition. These are or- ganizations that benefit the most vulnerable members of our community, and I am proud of our committee for its public service.” Nevada’s Economy The commercial real estate industry – comprised of development, construction and operation sectors – is an integral part of any economy, and especially Nevada’s. The in- dustry’s obvious contribution to the state’s economy is its direct spending for new de- velopment and construction, as well as the operation of existing projects. This contribu- tion has lasting economic effects on Neva- da, because it supports the creation of jobs, generates personal income, promotes addi- tional economic activity and, ultimately, im- proves the quality of life for the state’s indi- vidual residents and communities. According to a recent study by NAIOP- National, direct spending (construction) for all commercial projects built in 2005 (the latest year of data available) in Nevada to- taled $2.4 billion. This had a “multiplier” ef- fect of two, meaning that every $1 of direct spending generated $2 of total output/pro- duction to the state’s economy. This, in turn, resulted in nearly $4.9 billion of total economic output and 42,800 direct and in- direct jobs. Additionally, $1.6 billion in per- sonal income was generated in 2005, re- what does it take sulting in $37,400 in annual personal income per employee. TO KEEP YOUR BUSINESS MOVING? By market, direct spending for new of- fice, industrial and retail projects was $668 million, $597 million and $1.2 billion, re- spectively. Accordingly, new retail proper- ties led by providing almost half of the total jobs supported (20,600 jobs), followed by new office properties (11,700 jobs) and 2 MEGS? 10 MEGS? 50 MEGS? 100 MEGS? new industrial properties (10,400 jobs). It should be noted that these numbers are conservative estimates of the commercial Whether you need 2 Mbps or 100 Mbps, Sparkplug has you covered. Our development industry’s contribution to carrier-grade wireless broadband network provides better scalability, Nevada, since they do not take into account faster installation and lower costs than wireline services, with the fiscal benefits to state and local gov- ernments relating to taxes, fees or dedica- proven reliability and local service you can trust. Find out why Las Vegas tions of land and infrastructure. businesses are switching to Sparkplug. Furthermore, the benefits of commercial development, construction and operations CALL OR CLICK TODAY: reach beyond the planning, design and (702) 505-8092 construction phases. Completed, occupied Formerly: [email protected] properties increase state and local eco- www.sparkplug.net

NAIOP 2008 29 nomic activity and production capacity. For economy in 2005. This also generated $21 dustry is integral to the quality of life of the example, to retain their values, existing billion in personal income. citizens, as well as the health and vitality of commercial projects continue to spend On the national level, the commercial de- the economies of Nevada and of Southern money for maintenance, repair, manage- velopment industry supported 4.2 million Nevada. The industry’s benefits are far ment and cleaning, and must hire new em- jobs across all sectors of the economy, ranging and are among the foundational ployees or businesses to perform the work. generating personal income of $1.2 trillion components to the long-term sustainability These post-construction benefits are con- in 2005. Construction spending in the U.S. of Nevada’s economy, while providing criti- tinuous, and are significant to the long- was $1.14 trillion, accounting for almost 10 cal support to the state’s economic driver, term growth and sustainability of the percent of the total GDP. Furthermore, con- the resort industry. state’s economy. According to NAIOP-Na- struction spending in 2005 increased 10.5 tional, existing buildings in Nevada con- percent from 2004, outperforming the na- tributed $34.8 billion in direct spending tion’s overall growth rate of 2 percent. Moving Forward and $63.2 billion in total output to the Clearly, the commercial development in- NAIOP has a host of reasons to be proud as it marks its 22nd anniversary. Just as it served to help steer the building boom that transformed Las Vegas into a world-class community, the organization has earned its reputation as the most respected voice in How does commercial real estate development. The chapter’s reach will only continue to spread “NAIOP Work” across the business community, attracting for you? executives from even more industries to the benefits of NAIOP membership. The chapter will surely serve as a model for future chapters across the country, having already helped establish “As an owner/developer of one of the largest commercial a NAIOP Chapter in Northern Nevada. With portfolio in Southern Nevada, NAIOP has provided Harsch representatives who sit on the national board of NAIOP, the Southern Nevada Investment Properties numerous opportunities, i.e. The Bus Chapter is gaining influence beyond Tour, Spotlight Awards and various sponsorship opportunities Nevada’s borders. to display its assets to a broad group of company’s within the However, NAIOP faces a challenging fu- ture, as it will be called on to address some commercial real estate industry.” of the most difficult building constraints in the region’s history. With dwindling supplies John Ramous, Vice President and Regional Operations Manager of water and land zoned for industrial use, Harsch Investment Properties, LLC the increasing push for socially responsible development and rising building and living costs, the Las Vegas Valley will need a solid plan if it is to see continued economic vital- ity. The chapter’s leadership has already begun its analysis of these interconnected issues, and will present its best recommen- dations in the coming months. NAIOP is designed to enhance member- to-member connection. It’s about empow- ering people and their community to reach its greatest potential. Members’ dedication and active involvement has brought the community closer to this goal, and NAIOP will undoubtedly continue its work to en- hance the lives of Southern Nevadans.

30 NAIOP 2008 Strickland, Thomas & Mack Development program, first implemented as NAIOP Now, Group; Garrett Toft, Voit Commercial Bro- was created as a membership initiative to Inuagural Class of kerage and Tara Young, Kummer attract young professionals to the organi- Kaempfer Bonner Renshaw & Ferrario. zation by offering discounted membership Developing Leaders The Developing Leaders Institute is a di- dues and rates to meetings. The Southern rect response to the initiative that NAIOP Nevada chapter’s program is modeled after Institute national and prominent chapters have the national one while also adding a more taken to foster new leaders. The national educational aspect for higher learning.

he Southern Nevada Chapter of the National Association of Indus- Ttrial and Office Properties (NAIOP) has announced the members of the inau- gural class of the Developing Leaders In- stitute. The twelve-month networking and leadership program is poised to teach young up-and-comers in the com- mercial real estate community how to be leaders in their industry. “Education is a huge part of our orga- nization’s goal,” said John Restrepo, president of the Southern Nevada Chap- ter. “We feel the young members of NAIOP will benefit from the added focus on leadership and development in this in- augural program.” Members of the 2008 class of the De- veloping Leaders Institute include: Agus Alamsjah, Marcus & Millichap; Nieya Anjo- mi, New Growth Commercial Real Estate; Dennis Balletto, First National Bank of Nevada; Dana Berggren, Prudential Com- mercial IPG; Benjamin Campbell, Panat- toni Development Company; Lisa Chas- teen, LaPour; Raedene Counts, Marnell Properties; Christine Girardin, Carpenter Sellers Associates Architects; Linda Gon- zales, Prudential Commercial IPG; Louis YOUNG ELECTRIC SIGN COMPANY Gonzalez lll, Bank of Las Vegas; Christo- pher Harris, First National Bank of Nevada; FOROVER85YEARS. Jennifer Horsley, Grubb & Ellis | Las Vegas; Aimee Ignatowicz, Advanced Engi- GAMINGRETAILCOMMERCIALDESIGNCONSULTING neering, LLC; John Kelley, Community Bank of Nevada; Kris Krohn, Harsch In- vestment Properties, LLC; Lindsay Cay ENGINEERINGMANUFACTURINGSERVICE Lucas, Professional Roofing Services; Courtney Murphy; Amy Ogden, NAI Hori- LEASINGFINANCING zon; Krysten Polvado, Ledcor Construc- tion, Inc.; Bridget Richards, New Growth ELECTRONICSINTERIOREXTERIORSIGNS Real Estate Company; Michael Shohet, Territory Incorporated; Matthew D. Stone, 702-876-8080WWW.YESCO.COM Capital West Development, LLC; David

NAIOP 2008 31 Phase One Infrastructure Groundbreaking at Union Park Dawn of New Downtown for Las Vegas

ed by Las Vegas Mayor Oscar B. structure improvements. Infrastructure de- David Schwarz-designed performing arts Goodman, an April 24 ceremonial velopment is taking place on the southern center. Lgroundbreaking in downtown Las portion of Union Park, and completion is • World Jewelry Center: 2 million square Vegas marked the commencement of scheduled by year-end. feet, 50+ story tower for the international phase one infrastructure construction at “Union Park is an impressive collection and domestic gem and jewelry trade. Union Park, an 11-million-square-foot, $6 of third-party projects that, collectively, will • The Charlie Palmer: 400-room boutique billion, mixed-use urban development in re-shape and re-invigorate the historic hotel the heart of . heart of our city,” said Brandin. “These • Urban Residences: 3,200 urban-style According to Rita Brandin, senior vice project partners are among the country’s housing units consisting of town homes, president and development director for leading developers with names that res- condominiums and lofts. Newland Communities, the groundbreak- onate and projects that will forever change • Medical office and Business Hotel ing ceremony is the culmination of years of the Las Vegas skyline.” campus work. Newland Communities was re- Union Park project partners to date • Casino/hotel tained by the city of Las Vegas in Decem- include: Union Park is quickly moving from ber 2005 to serve as development manag- • Lou Ruvo Brain Institute: A 67,000- paper to reality,” Mayor Goodman said. er for Union Park and oversee day-to-day square-foot, Frank Gehry-designed build- “It’s a place that is being created for development on behalf of the city. ing; world-class research and treatment those who live and work in southern The groundbreaking ceremony, under- center for neurodegenerative diseases. Nevada,” he said. “Yet, it’s so exciting it written in part by project partners, marked • The Smith Center for the Performing will attract many of the city’s 40 million- the installation of $7.8 million in infra- Arts: A 379,000-square-foot, $400 million, plus visitors.

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NAIOP 2008 33 Marnell Properties Develops Commercial Development Adjacent to McCarran

arnell Properties has an- Marnell Airport Center is one of and the architect, Marnell Architec- nounced the completion the few commercial office complex- ture, have created commercial, retail Mof the first phase of its es in the country that has been and office spaces that combine su- new Marnell Airport Center, immedi- structurally integrated into the perior location with distinctive de- ately adjacent to Las Vegas’ McCar- planned campus of an international sign that enhance the professional, ran International Airport on Russell airport. The professional offices of campus lifestyle. Road. At completion, the develop- Marnell Airport Center will also be Marnell Properties is a real estate ment will offer 253,000 square feet neighbored by the Marnell Airport development and management of professional office space as part Cargo Center, a 207,350-square- company that focuses on the acqui- of a master planned development. foot facility adjacent to the runway sition, development and manage- Phase One, which includes a three- system at McCarran International ment of commercial real estate hold- story 81,000-square-foot office Airport. Planned for completion in ings and long-term portfolios. The building, is currently 100 percent 2009, the Marnell Airport Cargo company has been creating high- leased and will be complete and Center is situated on approximately profile business communities in Las ready for occupancy the fourth quar- 20 acres and will expand the air- Vegas for nearly a decade with de- ter of 2008. Phase One will soon be port’s cargo distribution capabilities velopments such as Marnell Corpo- complimented by two additional with immediate access to the local rate Center, a 736,000-square-foot three-story 81,000-square-foot of- Interstate highway system. master planned Class A office cam- fice buildings and a single-story As the owner and developer for its pus, and McCarran Marketplace, a 10,000-square-foot office building. own projects, Marnell Properties, 75-acre community retail center.

34 NAIOP 2008

COMMITTEE CHAIRS

NAIOP Presidents Mike Carroll Sponsorship General Manager LM Construction Co., LLC

Russell Rowe Government Affairs Co-Chair Attorney at Law Kummer Kaempfer Bonner Ren- shaw & Ferrario

John Restrepo Kevin Pentony 2008 President Membership Managing Partner OGI Environmental, LLC 2007 • Tony Dazzio Karen Marshall 2006 • Ralph Murphy Communications Business Development 2005 • Casey Jones Roel Construction Company, Inc. 2004 • Rick Myers Ellie Shattuck 2003 • Kevin Higgins Programs Co-Chair Director Public Relations/ 2002 • Rod Martin Community Affairs 2001 • Mark H. Bouchard Martin-Harris Construction Co.

2000 • Richard D. Smith Kristine Shattuck Programs Co-Chair 1999 • Edward C. Lubbers, Esq. Nevada General Construction 1998 • Michael Newman David Jones Education 1997 • Robert A. “Tim” Snow, Jr. Nevada State Bank 1996 • Steven O. Spaulding Bruce Follmer 1995 • Micki Johnson Bus Tour First Vice President 1994 • William R. Borinstein CB Richard Ellis 1993 • Bruce G. Barton Barbara Demaree 1992 • Mark T. Zachman Community Service Senior Account Representative 1991 • Vernon L. Danielson Southwest Gas Corporation 1990 • Donald R. Sanborn Pam Vilkin 1989 • Wai-Nung C. Lee Sustainable Development Sustainability Director 1988 • Kevin M. Buckley Tradewinds Construction 1987 • Donald W. Haze Chris Dickey 1986 • Donald W. Haze Developing Leaders Institute Lee & Associates

36 NAIOP 2008 NAIOP Southern Nevada Chapter 2008 Officers, Directors, Committee Chairs and Liaison

OFFICERS DIRECTORS Kyle Nagy Director, Education Liaison John Restrepo Connie Brennan Director President Director, 2009 Spotlight Liaison CommCap Advisors Principal Publisher Restrepo Consulting Group, LLC Nevada Business Journal John Ramous Director, Government Affairs Chair Lee Phelps Dan Doherty Vice President of Operations President-Elect, Golf Tournament Director, Community Service Liaison Harsch Investment Properties Committee Chair Senior Vice President Principal Colliers International, Inc. Brad Schnepf Real Estate Group Nevada, LLC/Mission Director, Developing Leaders Completed Contractors Kevin Higgins Institute Liaison Director, Programs Liaison President Sallie Doebler Senior Vice President Marnell Properties Secretary, 2008 Spotlight Liaison, Voit Commercial Brokerage Sponsorship Liaison Craig Shute Business Development Suzette LaGrange Director, Sustainable Development Liaison United Construction Company Director, Membership Liaison Managing Director Vice President CB Richard Ellis Ralph Murphy Colliers International, Inc. Treasurer, Finance Committee Chair NATIONAL BOARD REPRESENTATIVE Senior Vice President Chris Larsen Jackson Shaw Director, Bus Tour Liaison Ralph Murphy President Senior Vice President Tony Dazzio Dekker/Perich/Sabatini, Ltd. Jackson Shaw Immediate Past President Senior VP of Business Development and Jeff Manning Rod Martin Government Affairs Director, Communications Liaison Vice President Burke and Associates Vice President Majestic Realty Co Action Building Group

NAIOP 2008 37 Located at Decatur Blvd. and Sunset Rd. in the Southwest PHASE III Submarket NAIOP Southern Nevada Chapter 2008 President’s Circle Sponsors

• In stant office space available PLATINUM GOLD immediately with flexible CB Richard Ellis American Nevada Company lease terms Cox Communications Majestic Realty Co. – 1069sf 100% office Embarq Marnell Properties – 1845sf 100% office Plise Development & Construction, LLC Professional Roofing Services Southwest Gas Corporation ROEL Construction Company, Inc. • Ready for improvements: Thomas & Mack Development Group 1,000sf – 39,000sf SILVER • Office and flex space available Bank of America • Immediate access to I-215 CIP Real Estate Colliers International, Inc. via Decatur Blvd. Commerce CRG/Cushman & Wakefield Alliance • Moments from I-15 via Russell Rd. EJM Development Co. Grubb & Ellis | Las Vegas Harsch Investment Properties, LLC Heritage Surveying Jackson Shaw JMA Mike DeLew, Greg Pancirov LaPour and Kevin Collura Lee & Associates P: 702-735-5700 LM Construction Co., LLC Marcus & Millichap The Molasky Group of Companies Nevada Business Journal Nevada Power Company ProLogis Stanley Consultants, Inc. Tradewinds Construction Trammell Crow Company TWC Construction, Inc. United Construction Company Voit Commercial Brokerage Wells Fargo Middle Market Real Estate

BRONZE

1 Velocity Lee & Sakahara Architects, Inc. Affordable Concepts, Inc. Martin-Harris Construction Co. Alan Jeskey Builders McCarthy Building Companies, Inc. Amtec Communications Nevada State Bank Bank of Nevada OGI Environmental, LLC Bergelectric Corporation Opulence Studios, Inc. Burke & Associates, Inc. Orgill/Singer & Associates City National Bank Panattoni Development Company CommCap Advisors The Penta Building Group, Inc. Community Bank of Nevada Prudential CRES | IPG CORE Construction Real Estate Group Nevada, LLC Dekker/Perich/Sabatini, Ltd Restrepo Consulting Group, LLC DP Partners Roche Constructors, Inc. CIVIL ENGINEERING G.C. Wallace, Inc. Sansone Companies LANDSCAPE ARCHITECTURE GSG Development Stoltz Management LAND SURVEY Greater Nevada Planning Southwest Engineering Helix Electric SR Construction, Inc. PLANNING Jaynes Corporation Strata Building Group, LLC MASTER PLANNING Juliet Companies Sun Commercial Real Estate Terracon WATER RESOURCES KeyBank Real Estate Capital KKE / HFTA Architects TRC 3011 WEST HORIZON RIDGE PARKWAY SUITE 100 The Korte Company UNLV Lied Institute for Real Estate Studies HENDERSON, NEVADA 89052 Langan Engineering & Environmental Services WESTAR Architectural Group/NV, Inc. P: 702.990.9300 F: 702.990.9305 Leavitt Insurance Agency WRG Design, Inc. WWW.WRGDESIGN.COM

38 NAIOP 2008 BLUE DIAMOND CROSSING

LAKE MEAD CROSSING DEER SPRINGS CROSSING

Bringing Quality to Las Vegas Las Vegas owned and operated since 1986, Juliet Companies is a full service development company with extensive experience in the development, construction and management of commercial and residential real estate. Over the past several years, Juliet Companies has expanded upon its impressive track record with the development of several retail power centers anchored by nationally recognized tenants. Looking to the future, Juliet Companies continues its record of success with three current retail projects Blue Diamond Crossing, Deer Springs Crossing and Lake Mead Crossing.

CONTACT JOHN STEWART 702.368.5800