21ST ANNUAL COMMERCIAL REAL ESTATE SYMPOSIUM February 13, 2018 ING THE IN CT DU E S N T N R O Y C HOSTED BY THE BUILDING OWNERS AND MANAGER’S ASSOCIATION OF IDAHO Saves energy for the Runs an architecture firm. J.R. Simplot Company. Employs 100 people. Has 10,000 coworkers. Works in an open, Enjoys visiting collaborative office. production plants. Likes to save money. Likes to save money. Kent Hanway, Don Strickler, CSHQA Simplot No matter the business, we all want to save money. That’s one thing every business has in common, regardless of size. With Idaho Power’s Commercial and Industrial Energy Efficiency Program, you can get incentives now on upgrades that will save you even more in the future. You’ll also be supporting wise and efficient use of resources in the place we all call home. To see how easily you can save, visit our website. idahopower.com/business We invite you to host your next event in the Centre of it all! Boise Centre, Idaho’s premier convention facility, is an ideal venue for meetings, conferences, tradeshows, receptions, trainings and so much more. Boise Centre offers: • A downtown location, surrounded by restaurants, shops, hotels, culture and entertainment • 86,000 sq. ft. of customizable and flexible event space for groups of all sizes • A newly completed expansion offering many rooms with natural daylight and views of downtown and nearby Boise Foothills • Exceptional culinary services and a diverse menu with many locally sourced ingredients • The meeting space, atmosphere and professional event staff to deliver unforgettable experiences Visit boisecentre.com to view interactive floor plans or to submit an event inquiry. CONSTRUCTION AND DEVELOPMENT COMMERCIAL REAL ESTATE ROUNDTABLE An intimate discussion with commercial real estate leaders “Let’s change the discussion a little bit “I’m very optimistic that the office and talk about sectors. On a national sector will continue to remain level, you hear that we don’t have enough strong. I think housing is going to housing and we have way too much retail. continue to grow and especially in Let’s talk specifically about sectors and the downtown market, maybe not where we see most of the growth.” in the core but in the periphery.” SCOTT SCHOENHERR JEREMY MALONE, RPA Rafanelli & Nahas Oppenheimer Development Corporation rafnah.com oppenheimerdevelopment.com KENT A. HANWAY, AIA, NCARB CSHQA cshqa.com “I think it’s very much in line with what Matt and Neil are sharing…. our backlog leading into 2018 was probably as strong as it has been over the last couple of years. And the diversity of projects is changing, even in the local market. You can see different sectors stronger than others - and housing right now is hot. There’s a lot of projects breaking ground or that are starting to come to fruition on the west end of Boise and Nampa Caldwell area. And I think you’re going to see a lot of retail, not big box retail but grocery anchor retail.” NEIL NELSON MATT BLANDFORD, P.E., LEED AP BD+C TOM BOBO BRYAN C. VAUGHN Engineered Structures, Inc. Andersen Construction Company Grossman Company Properties Hawkins Companies esiconstruction.com www.andersen-const.com grossmancompany.com hawkinscompanies.com 4 BOMA Idaho Symposium Event Guide 2018 Thank you Idaho for your part in our journey. esiconstruction.com | 208.362.3040BOMA Idaho Symposium Event Guide 2018 5 ECONOMIC Development daho is built on a foundation of hard work, grit and a “can do” spirit that is found in its people and companies. This heritage has served us well and will propel us into the Ifuture if we create policies that are as good as our people and if we remember to always put our people above politics. We live in a modern economy where we compete with surrounding states for our kids J. THOMAS AHLQUIST, M.D. and our jobs so we must strengthen the culture in Idaho that takes care of our current Gardner Company businesses, reins in skyrocketing healthcare costs and focuses on Idaho kids for Idaho [email protected] jobs. We can and will lead the nation if we can create policies that unleash the greatness gardnercompany.net that is pent up in our state. It is time to go from good to great! We must strengthen the culture for our current homegrown small businesses to thrive. Dr. Tommy Ahlquist earned his The economy of Idaho rests on the backs of small business. We must reform our tax code medical degree from the University of to make it as flat and simple as possible. We must look at every policy, regulation and tax Utah and completed specialty training and ask the question, “How does this help the small businesses and families of Idaho?” for emergency medicine at the University of Arizona. After completing his medical Finally, education is the foundation of our economy! We will be judged on how we training, he and his family returned to prepare our kids for their future and our success will depend on keeping our kids right Idaho to begin his career as an ER doctor. here with high paying jobs that allow our children to fulfill their dreams and raise their Tommy is best known for the Zion’s kids right here in Idaho. This will be accomplished with relentless work and a vision that Bank Building, now the tallest building creates a pathway for every kid in Idaho to succeed. We will not rest until we lead the in Idaho. Over the last 10 years, Tommy nation in education. It is time to stop making excuses and focus on our most precious has built over 3 million square feet resource, our kids. of commercial property across Idaho, created thousands of jobs in Idaho and invested significantly in the local economy. Tommy has served on the Boise Chamber Board of Directors, the President’s Board of Directors for Boise State University, the United Way Treasure Valley Board, the American Heart Association Board, Together Treasure Valley and is President of the FACES Foundation of Idaho. He also is on the YMCA’s Comprehensive Campaign Cabinet and recently co-founded the Treasure Valley Leadership Alliance and Idaho 2020. Tommy is married to his high school sweetheart Shanna. Together, they have four children. 6 BOMA Idaho Symposium Event Guide 2018 IDAHO’S PREMIER DEVELOPER | City Center Plaza, Boise, ID | 8th & Main, Boise, ID | Pioneer Crossing, Boise, ID | Library Square, Nampa, ID | Mace River Ranch, Eagle, ID | West Valley Medical Complex, Caldwell, ID State-of-the-art office towers. Premium retail space. Upscale residential communities. In the last six years, Gardner Company has developed over a million square feet in Idaho, an important part of the 30 million square feet we’ve developed across the west over the last 40 years. 208.246.8909 | gardnercompany.net WE BELIEVE THE CLIENT GIVES EVERY INVESTMENT PURPOSE. EVERY PROPERTY A SOUL. EVERY TRANSACTION A PULSE. Real estate is a powerful asset. It helps define the business of a company. The spirit of a startup. The values of an investor. We’re 43,000 employees in over 60 countries, helping our clients put ideas into action. Across industries. Within budgets. And without fail. Around the globe and in Idaho. What can we do for you? cushmanwakefield.com/action Cushman & Wakefield Pacific 208.287.9500 www.paccra.com IDEAS INTO ACTION PROGRAM AGENDA 6:30am REGISTRATION • TRADE SHOW OPENS • NETWORKING 7:10 – 7:30am BREAKFAST AND PRE-EVENT SLIDE SHOW Video: Sponsor Recognition Video Video Presentation: Construction & Development Market Update (presented by ESI) 7:30am GREETING AND PRESIDENT’S MESSAGE Greeting by Master of Ceremony, Krisjan Hiner, Stack Rock Group President’s Message, Ryan Cleverley, 2018 BOMA Idaho President 7:35am MAYOR’S ADDRESS: CITY OF BOISE David Bieter, Boise City Mayor REGIONAL ECONOMIC PRESENTATION Wes Jost, Zions Bank FUTURE OF IDAHO – ECONOMIC DEVELOPMENT Tommy Ahlquist, Gardner Company HOW IDAHO POWER IS POSITIONED TO SUPPORT COMMERCIAL ACTIVITY Adam J. Richins, Idaho Power Company SUNSET OF CCDC’S BOISE CENTRAL DISTRICT Video presentation by CCDC ucate and pro 8:15 – 8:45am ed mo nt, te MARKET UPDATE SPEAKERS se th e e pr in Office Market Update re te r Al Marino, Thornton Oliver Keller Commercial o e t s t Investment Market Update is s n o Clay Anderson, Colliers International f o i p s Retail Market Update r s i o f Andrea Nilson, Cushman & Wakefield Pacific m e s r s Industrial Market Update u i o O Ron Van Auker, Van Auker Companies n a • l s o w h 8:45 – 9:30am a h d o KEYNOTE SPEAKER I o n Ms. Kirsty Spraggon, “Courage to Succeed” i w e n t , a m t s a e n 9:30 – 10:00am l a a g e e TRADE SHOW IS OPEN r l o a r i s c r u e p p m o m r t o c BOMA Idaho Symposium Event Guide 2018 9 THE HAWLEY TROXELL WAY CLASS A AND FULL SERVICE BOISE COEUR D’ALENE IDAHOIDAHO FALLSFALLS POCATELLO You’ve heard real estate is all about location, location, location. We say it’s all about making the right move at the right time. Our Real Estate Group understands this fast-paced industry and can help you make important strategic decisions about transactions, financing, and land use that will pay off. And, best of all, our nationally renowned legal services come with a local address. Real Estate BOISE / COEUR D’ALENE / IDAHO FALLS / POCATELLO / RENO Call 208.344.6000 or visit HawleyTroxell.com 10 BOMA Idaho Symposium Event Guide 2018 2018 OFFICERS AND BOARD OF DIRECTORS CONTENTS OFFICERS 4 CONSTRUCTION AND DEVELOPMENT PRESIDENT Ryan Cleverley, Gardner Company 208.246.8909 [email protected] VICE PRESIDENT Justin Cranney, Hawley Troxell 6 ECONOMIC DEVELOPMENT 208.344.6000 [email protected] J.