Wade Lange recently went on one of those rare business trips that could deliver benefits for Portland long after his return.

Lange, general manager for American Assets Trust, hit the Green Property Summit in New Zealand in March. He did so at organizers' request to talk about the Lloyd EcoDistrict, of which he's the president.

The Property Council of New Zealand, as it turns out, wants to learn more about the city's full-district development philosophy. And Lange, who's also on the area's Building Owners and Management Association's International Executive Committee, was more than eager to share.

We caught up with Lange for an email interview earlier today.

 

Two-thirds through the 2013 session and the BOMA Legislative Committee is diligently reviewing any bills that could impact BOMA members.

 

What's an Escalation? What type of lease(s) am I managing, and how are escalations calculated? Depending on the part of the country, you may have heard of escalation referred to as gross-up, adjusting expenses, extrapolating costs or additional rent.

No matter what you call it, it's important for property managers and brokers to understand escalation theory and calculation practices:

** What's the difference between a gross lease, a net lease, a base-year lease and an expense stop lease?

** Capital costs vs. operating expenses? Fixed and variable expenses?

** How do you adjust operating expenses for a change in occupancy?

** How do you amortize capital expenditures?

Free for building members; $35 for allied members.

 

Join us on for a demonstration project showcasing the latest generation T8 lamps and fixtures, and to learn more about how Energy Trust of Oregon incentives can reduce payback for T8 retrofit projects.

Oregon building owners at the forefront of energy efficiency adopted early T8 lighting technology in the 1980s and '90s, which served you well and saved you money as promised. But time and technology have moved forward, and T8 lighting performance has come a long way since then. The latest generation T8 lamps and fixtures are better than ever and can reduce lighting costs by as much as 30 percent over those first-generation T8 upgrades. New T8s offer significant performance improvements, including higher light output, improved color rendering, longer life and reduced wattage.

Energy Trust of Oregon is working with lighting manufacturers on special pricing, available this year, for T8 high-performance lens retrofit kits. This limited time offer, plus the standard $42 per fixture Energy Trust incentive, significantly reduces the payback for these T8 retrofit projects.

 

Nancy Gille is a principal of REAL Systems. She brings 25 years of experience improving the operation and financial performance of commercial real estate interests from the perspectives of both an investment fiduciary, as well as real estate operating company. She has extensive know-how in asset management, organizational development and acquisitions responsibilities.

Prior to REAL Systems, Nancy was a co-founder of W3 Partners, a privately held real estate investment management firm focused on value-add office and office/R&D opportunities in the Western U.S. Her contributions included asset management as well as strategic direction.

 

 

On Thursday, July 18, 200 key players in the commercial real estate industry will enjoy a fabulous afternoon of golf and socializing at the Reserve Vineyard and Golf Club in Aloha, Oregon.

Talk about a perfect day of golf! We cap the field at 200 - and we do our best to get the players off the course in five hours. Building owners and property managers spend a fabulous relaxing afternoon golfing. Following play, there is a sumptuous dinner, prizes and raffle.