from Tom McGeachy, Ciminelli Real Estate Services
Happy Holidays! As we look back at 2015, it's been a great year for NAIOP and for the entire commercial real estate industry. Numerous projects are in the pipeline, buildings are coming out of the ground and Tampa Bay is booming with activity. NAIOP launched a couple of successful initiatives - the Developing Leaders Lunch & Learn series and the Newsletter you're currently reading. We joined a state-wide effort to increase diversity in commercial real estate by funding a NAIOP scholarship endowment at FAMU and continue to fund our local USF scholarship for students interested in commercial real estate. New programs this year include the TopGolf Social, LifeLink Foundation Behind-the-Scenes tour, Amazon Fulfillment Center tour, Overcoming Obstacles to Success lunch with Coach Robert Weiner and the Vault of Souls & Franklin Exchange tour.
We're looking ahead to an even better 2016, as incoming President Owen LaFave (The Bank of Tampa) takes the reins, with enhancements to our signature events and new, unique programs that you can't find anywhere else. Please join us at the Best of the Best on Wednesday, January 27 at the Westin Harbour Island as we honor this year's Hall of Fame inductee and all of the nominees & winners. We wish you a safe & fun New Year's Eve and a prosperous 2016!
IN CASE YOU MISSED IT...
2015 BROKER UPDATE
This year's Broker Update focused on the current trends and future forecasts for the Office, Industrial, Retail, Land, Investment, and Multi-Family markets. An impressive panel entertained & educated over 175 commercial real estate professionals in attendance. Thank you to our Platinum Sponsor - Colliers International, our Gold Sponsors - CBRE, Cushman & Wakefield and Redstone Commercial and all of the Silver & Bronze sponsors for your generous support!
>>READ A SUMMARY OF THE EVENT FROM THE TBBJ
VAULT OF SOULS & FRANKLIN EXCHANGE TOUR
The Wilson Company hosted over 65 NAIOP members and guests for a behind-the-scenes tour of their unique Halloween experience, The Vault of Souls in the former Exchange National Bank (now The Vault). The event creator took attendees on a private tour of the Vault of Souls and guests were greeted by surprise characters including a medium & cellist. Attendees also learned about the important history of the Exchange National Bank and the impressive improvements The Wilson Company has made to the Franklin Exchange buildings from Susannah Wilson Smith (The Wilson Company). Thank you to our sponsors
McNamara & Carver
The Wilson Company
GOVERNMENT AFFAIRS UPDATE
For more than a decade, NAIOP has been working diligently to
successfully secure tax extensions for the 15-year leasehold depreciation. Though the extensions have been effective, we have long advocated the importance of its permanency. We are thrilled to share that we have achieved our goal, as the Protecting Americans from Tax Hikes (PATH) Act of 2015 makes 15-year qualified leasehold improvement depreciation permanent!
Did you know?
Your NAIOP Tampa Bay membership includes complimentary attendance at the monthly Tampa Bay Watch meetings. The Tampa Bay Watch is exclusive to NAIOP members and is an excellent opportunity to interact with local leaders on policy issues affecting commercial real estate. Usually held the second Tuesday of the month at Buchanan, Ingersoll & Rooney (new office location - SunTrust Building, 401 E. Jackson Street, Suite 2400), the event is free and continental breakfast is served.
MEMBER & INDUSTRY NEWS
- Highwoods Properties closed on the SunTrust Financial Centre in downtown Tampa in September. The acquisition represents a total investment of $124 million. READ MORE...
- CBRE represented MetLife Real Estate Investments in the sale of the Bank of America building in downtown Tampa to Banyan Street Capital & Oaktree Capital Management. READ MORE...
- Feldman Equities LLC & Tower Realty Partners purchased the former Trump Tower site on Brorien Street & Ashley Drive in downtown Tampa for $12.05M. The group plans to break ground on their mixed-use development, Riverwalk Tower in late 2016. READ MORE...
- Parkway Properties closed on Harborview Plaza, a 205,000-square-foot building on the Rocky Point waterfront, paying $49 million or $239 per square foot in October. READ MORE...
Did you buy, sell or do something newsworthy this quarter? Close a big deal? Change companies or receive a promotion? Email Kelsey at email@example.com to be featured here.
BECOME A NAIOP INDUSTRY PARTNER
NAIOP is all you need for year-long visibility, networking, advocacy and more! Join our esteemed Industry Partners and start seeing benefits today!
>>LEARN MORE ABOUT SPONSORING NAIOP
INVEST IN YOUR CAREER. GROW YOUR BUSINESS. JOIN NAIOP!
Gain unparalleled access to the industry's best networking opportunities, strengthen existing relationships and increase new business connections through NAIOP membership. Benefit from a powerful legislative force at the local, state and national level whose mission is to protect and enhance the interests of the real estate community.
January 27, 2016
Sponsorship Opportunities Available!
>>CLICK HERE FOR MORE INFO
February Social at the Tampa Yacht & Country Club
February 25, 2016
Registration will open in the coming weeks!
Downtown Tampa Office Tour
6th Annual Sporting Clays Tournament
April 15, 2016
WELCOME NEW MEMBERS!
Helicon Property Restoration
The Perry Company
Commonwealth Commercial Partners
Tampa Hillsborough Economic Development Corporation
EM Phillips Construction
Bohler Engineering P.C.