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May 2017  

President's Report

 

 

This quote reminded me that we are not alone and as BOMA members, we have many people we can share our troubles with to find solutions.  “Think BOMA First” 

Our May luncheon featured Dave Lyons, National Bank of Arizona.  Dave explained how their troubles have somewhat been increased by new requirements of the government to know exactly where the money is coming from and going.  It was great seeing all of those that attended. 

If you haven’t already done so, please mark your calendars for the June/early July events:

  • Our June meeting is a mixer at Dave and Buster’s, 1390 E Tucson Marketplace Blvd, on June 22 at 4 pm.  We will eat, drink and play games.  It is an adult playground with good food/drinks.  Andy Gregory will talk about The Bridges and its progress. 
  • BOMA 2017 International Convention and Expo is June 24-27 in Nashville, TN.  I heard a rumor that Tina Olson and Brianne Hansen will be attending.
  • Next Committee Meetings are July 6 at CBRE's office, 3719 N. Campbell Avenue beginning at 3:30 p.m.

Membership is developing a marketing plan and would love to hear your BOMA story.  We believe we are a network of support and remind you to Think BOMA First.  Enjoy the summer weather and join us at Dave and Busters.

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Meeting/Event Information

 

 Directions
 

June 22, 2017

    
Summer Mixer
June 22, 2017
4:00 PM - 7:00 PM
Dave & Busters
1390 E Tucson Marketplace Blvd
Tucson, AZ 85713
http://www.daveandbusters.com/tucson
Join Us for Some Networking

$0.00 BOMA Member

$0.00 Guest ~ Prospective Member

$35.00 Non Member 

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Save The Date!

SAVE THE DATE 

August 29, 2017

Noon - 1:00 p.m.

"Train Your Brain for Success"

You will NOT want to miss out on this

DYNAMIC and INTERACTIVE program

Networking/Registration:  11:30 a.m.
Speaker Brandon Nickel:  Noon - 1:00 p.m.


SPEAKER:  

Brandon Nickel (BIO) 
Be sure to take a minute to look over this very impressive bio.


GET A SNEAK PEEK ... CLICK HERE

for a short video clip


Don't miss out on this opportunity of a lifetime to participate in this engaging session...

Train Your Brain

Reaching your potential in life starts in your head—with training your brain to work for you.

The Train Your Brain program will teach you simple, effective strategies for using your brain to focus, establish positive patterns, visualize success and generate results.

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The Future of the Real Estate Industry

Article Published in "Shopping Centers Today"
By: Unknown | June 01, 2017
Shared by: Nancy McClure, CBRE

Demand for third-party managers spurs competition

Publish Date: June 01, 2017

Landlords are increasingly hiring outsiders to help boost property performance, spurring intense competition among national third-party management firms.

Competitive challenges hitting the retail sector are forcing properties to reposition and reinvent themselves in management terms more than ever before, according to Anjee Solanki, national director of U.S. retail services at Colliers International. “Management is much more complicated than it has ever been,” Solanki said. “For us at Colliers, we have definitely seen growth in property management being outsourced.”

Owners seeking management help include those dealing with distressed assets, such as special servicers. “There is a lot in the news today about retail bankruptcies and store closings, but we have seen that for decades in different cycles, and we know how to deal with it,” said Matthew Harding, president of Levin Management Corp., Plainfield, N.J.

As REITs prune their portfolios, the smaller firms that buy these properties need help turning them around, says Karen Raquet, executive vice president and director of national retail property services at JLL. “That’s a great opportunity for third-party managers, because most entrepreneurial buyers don’t have in-house property management staff,” Raquet said. “It is about gaining internal efficiencies and outsourcing management when owners don’t have an internal platform, which is costly and challenging to build.”

Property management firms are no longer focused solely on the basic tasks of hiring vendors and paying the bills, but have instead over the past decade become involved in every facet of asset management. Clients want accountability, comfort and trust, as well as guidance and strategic advice in navigating the current challenging marketplace, says Harding. “You really need a longer-term strategic vision for properties, whether it is repositioning a center or reworking space that you have gotten back from a tenant.”

Clients are also demanding that property management firms have expertise across other property types, such as restaurants, hotels, health care, office and transit, according to Raquet. “We are in an era,” she said, “where properties that are being repurposed are more mixed-use, rather than single-use properties.”

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News from BOMA International

BOMA Logo


Your commercial real estate success story began with the first steps you took toward building relationships to make your business thrive. Take the next step toward boosting your properties—and your career—is at the industry’s premier professional event. 

The 2017 BOMA International Annual Conference & Expo will be held in downtown Nashville, Tennessee, and promises three days of learning, networking and innovation for the commercial real estate industry. Your next chapter begins here. 

Take a look at all that Nashville has in store for you in this conference preview video, produced by BOMA Nashville. 

 

REGISTER NOW

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Partnership Program

We have 4 levels:

Saguaro

Ocotillo

Prickly Pear

Agave

If you have any questions, please feel free to contact the office at (520) 310-1605.

OCOTILLO

 

   

   

PRICKLY PEAR



AGAVE

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Social Media

Join us/like us on

 

These are great resources to use to invite others to events, job posings, etc.

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Association

PLEASE share this information with the appropriate personnel in your office.

BOMA GT OFFICE/CONTACT INFORMATION:

BOMA GT
10645 N. Oracle Road
Suite 121; #239
Oro Valley, AZ  85737

(520) 310-1605  phone
(520) 844-1674  fax 

If you have any questions, please feel free to contact me in the BOMA GT office at bomagt@comcast.net or call (520) 310-1605.

Thank you,

Luann Schwartz
Executive Director

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