Landlubbers Drawn To AAPA Port Real Estate Issues Seminar, Dec. 9-10
For the first panel of the program, moderated by Port of Pensacola executive director Amy Miller, two CBRE real estate experts (Lee Ann Korst and Michael McShea) provided a national perspective of the major issues that public-sector entities face, while Franc J. Pigna, managing director of Aegir Port Property Advisers, honed in on issues most pertinent for publicly owned port authorities to become "corporatized" in order to better perform and compete for business.
In the seminar’s final session, Mr. Pigna, POLA Real Estate Director Jack Hedge and Pavel Skournik, vice president of operations for Saab Technologies Ltd., in Burnaby, B.C., discussed getting the most out of a port’s real estate team, including issues related to recruiting and retaining top talent.
Summarizing the seminar, Mr. Pigna noted that since presenting at his first AAPA real estate conference in 2004, "AAPA has done an excellent job of bringing forward some of the critical and cutting edge subjects that are no longer sidebars, but front-and-center in the world of ports."
Port of Pensacola’s Amy Miller further noted: "I’ve been in the port business a long time and probably the most important lesson I took away from this seminar was there’s always something new to learn. If you just hear one tip, trick-of-the-trade or unique strategy that another port employs that you’d never thought of, attendance at one of AAPA’s educational seminars can really pay for itself. At the Port Real Estate Issues Seminar it was three words for me, ‘lease assignment surcharge.’ I’d never heard of it before but I’m definitely looking into it now thanks to attending this seminar!"
AAPA President and CEO Kurt Nagle presents Port of Los Angeles Real Estate Director Jack Hedge with a host port thank-you plaque at AAPA’s Port Real Estate Issues Seminar.
Keynote presenter Jeff Holt, BMO Capital Markets’
managing director, shares his thoughts on how ports can
attract investments from private-sector entities, such as
The Port Real Estate Issues Seminar audience members
listen as legal experts discuss the perils and opportunities
for ports that use their eminent domain authority.