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Global Corporate Real Estate Executive of The NOVEMBER/DECEMBER 2013 Reinventing Buildings: Te Bold Business Opportunity for Corporate Real Estate (PAGE 14) Potential Perils of Green Leases (PAGE 12) The Bullitt Center: Seattle’s First Living Building Oracle Australia: (PAGE 46) Driving Corporate Real Estate Effciencies in a Triple Bottom Line Framework (PAGE 50) cover.indd 1 10/14/13 7:27 PM Meet the Nominees: Global Corporate Real Estate Executive of the Year Award Sarah Abrams (Finalist) Steve Bodenheimer Title: Senior Vice President, Title: Director, Resource Center of Global Real Estate Administrative Services Company: Iron Mountain Company: Duke Energy COMPILED BY NICHOLE BAZEMORE Chapter: New England Chapter: Carolinas Roger Humphrey (Finalist) John Igoe Title: Executive Director- Global Real Title: Director, Real Estate, Estate Services & IFM Governance Design & Construction Company: Merck & Co., Inc. Company: Google Chapter: New Jersey Chapter: Northern California ¶ A critical part of CoreNet Global’s strategic plan is aimed at raising the profile of corporate real estate and recognizing the profession’s contributions to enterprise success. To that end, we’ve taken an important step in elevating our global awards program with a strong local tie-in. For the inaugural Corporate Real Estate Executive of the Year award, our Chapters submitted local candidates for consideration. Each candidate will be recognized locally and globally for their contributions to the profession. Jay Pittenger The global winner – announced at the Recognition Dinner at the Las Vegas Title: Sr. Regional Director, Real Summit on Wednesday, 23 October – is profiled on page 56! Estate & Facilities Company: Microsoft, Inc. Chapter: Washington State 54 THE LEADER | November/December 2013 global cre award winners.indd 54 10/15/13 9:06 AM Robert Canavan Matt Fanoe Gerry Guidice (Finalist) Debra Homic Hoge Title: Head of Real Estate, Title: Vice President, Real Estate Title: Head of U.S. Real Estate Title: Global Director, Real Estate North America Company: Coca-Cola Company: TD Bank Company: General Motors Company Company: Nokia Siemens Networks Refreshments USA, Inc. Chapter: Philadelphia Chapter: Michigan Chapter: Southwest Chapter: Atlanta Jose D. Lloren, Jr. Michelle Myer Peter Olson Jason Peckmore Title: Senior Director, Facilities for Title: Vice President, Oracle Title: Global Alliance Director Title: Real Estate Asia Pacifc Philippines and India Americas Real Estate & Facilities Company: CBRE/Travelers Regional Manager EMEA Company: Convergys Corporation Company: Oracle Chapter: Connecticut Westchester Company: Shell Chapter: Philippines Chapter: Chicago Chapter: United Kingdom Jeff Randolph Duane Spiegle Jos Teunissen Jim Young Title: Vice President Global Real Title: VP Real Estate and Title: Head of Merger & Acquisitions Title: Vice President, Corporate Estate & Services, Function Head Support Services Global Facility Management EMEA Facilities, Services, and Real Estate Company: PepsiCo Company: Park Nicollet Company: SAP Business Services Company: Marriott International, Inc Chapter: New York City Health Services Center Nederland BV Chapter: Mid-Atlantic Chapter: Midwest Chapter: Benelux November/December 2013 | THE LEADER 55 global cre award winners.indd 55 10/15/13 9:06 AM AWARD WINNER BY SUZANNE VERITY EXECUTIVE OF THE YEAR As much as anything, Abrams sees herself as a salesperson, and she rec- ommends the same route for others in CRE. “Te most powerful thing going forward is to have a strong understand- ing of real estate but also to realize you Winning Ways: are, in essence, a salesperson in the best sense of the word,” she says. Trust, Fidelity and Iron, Sarah-Style Erica Chapman, Head of Real Estate (Te Americas) for Osram Sylvania, credits Abrams with teaching her the most important business les- son of her young career: “Understand t may be coincidence that “Trust,” colleagues and peers describe her as the business and industry that you are “Fidelity” and “Iron” are key tenacious, innovative, authentic, vision- aligning with and treat the people you words on Sarah Abrams’ cur- ary, intelligent, gutsy, hard-working serve as clients.” riculum vitae (all drawn from the and dedicated. When it comes to leading at the enter- Inames of her employers). But even so, “A major theme that comes to my prise level, Abrams puts form over func- how many others can claim the same? mind when thinking about Sarah is tion, seeking to understand what kind And how appropriate, given Abrams her courage as a leader and her com- of CRE organization is needed to sup- has won the trust of so many she has mitment to doing the right thing,” says port the business. “To be a CRE leader mentored, serves as a model of fdelity Christopher Horblit, who has followed of infuence, the way you spend your to corporate real estate (CRE) as a pro- in her professional and volunteer foot- time is dramatically diferent than when fession and CoreNet Global as an asso- steps as president of Fidelity Real Estate running the real estate function,” she ciation, and has exerted her iron will to Company and CoreNet Global’s New explains. “My evolution really has been overcome challenges all along the way. England Chapter, respectively. “When around the focus of organizational devel- Abrams, frst recipient of CoreNet she’s faced with a challenge, she never opment, getting the right people in the Global’s Corporate Real Estate takes the easy way out. Sometimes that right positions, making sure the (CRE) Executive of the Year Award, has all means taking the uphill path, the one organization’s structured properly.” of these qualities and more. Admiring less traveled, and often less safe.” Since joining Iron Mountain as “To be a CRE leader of influence, the way you spend your time is dramatically different than when running the real estate function. My evolution really has been around the focus of organizational development, getting the right people in the right positions, making sure the (CRE) organization’s structured properly.” 56 THE LEADER | November/December 2013 end user (cre executive of the year).indd 56 10/15/13 9:07 AM AWARD WINNER EXECUTIVE OF THE YEAR Senior Vice President, Global Real Sarah Abrams Estate, in 2012, Abrams has globalized and transformed CRE from a reactive/ tactical function into a strategic part- nership to be leveraged for the beneft of the business. Te Client Solutions team she knit by hand is responsible for transaction management, acquisitions/ dispositions, lead administration, proj- ect management, engineering, facilities management and data center infrastruc- ture for a global real estate portfolio spanning 35 countries in fve continents representing more than 65 million sq. ft. (6 million sq. m.). “What sets Sarah apart is her zeal to enable the real estate community to take on new challenges and be difer- ence-makers to their respective organi- zations,” says Sanjiv Awasthi, a former colleague who is now Vice President, Global Real Estate, CIGNA. “(Sarah) saw the beneft of engaging talent from beyond traditional real estate venues and successfully recruited top talent with strategic mindsets from consult- ing, risk management and information technology, allowing us to build a bet- ter team and resulting in more holistic solutions for Fidelity.” Eric Torpe, BCCR, SLCR, Managing Partner of Terra Novo, LLC, says Abrams “achieved that elusive business partnership we seek as a profession” while at Fidelity, which turned his head as a member of CoreNet Global’s Corporate Real Estate 2020 Enterprise Leadership team. “Sarah personifes our frst Bold Statement,” he says: “By 2020, senior leaders will evolve from subject-matter specialists focused on execution to integrators, change agents and strategists who are viewed internally as an essential, equal partner to and for the business.” November/December 2013 | THE LEADER 57 end user (cre executive of the year).indd 57 10/15/13 9:07 AM.
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