SIOR Weekly
CRE News
GlobeSt. The new tax policy included changes to the carried interest provision. Carried interest now has a three-year holding period, a policy that has significant implications for CRE investors who will need to make immediate adjustments to comply with the new provision.
National Real Estate Investor High expectations for M&A activity, strong company performance and increased funding and deal flow are bolstering investor confidence in the space.
Iris We are now well into a period of recovering real estate values, so what are cap rates saying now about the asset class?
WGN Radio In this video, Steve Grzanich sat down with Revathi Greenwood, head of research at Cushman & Wakefield, to sort through the kinds of technologies that will be impacting the commercial real estate industry.
Ductilcrete Technoligies, LLC
SIOR Happenings

Rockefeller Group’s McCormick named CEO of SIOR
GlobeSt. – Aug. 20, 2018
Reported Tom McCormick was named CEO of SIOR as well as other promotions and new hires for Jennifer Johnson, Michael Topp and Lizzy Lokken.

Charlotte companies getting in on amenities arms race to attract top office users
RE Business Online – Aug. 20, 2018
SIOR member and vice president and managing director of Northwood Office wrote an article about companies in Charlotte, North Carolina, becoming competitive about attracting the top office users.

SIOR appoints Tom McCormick as new CEO 
RE Business Journal – Aug. 17, 2018
Reported that Tom McCormick was appointed the new CEO of SIOR.

Press/Cuozzo Commercial Services brokers $642,000 sale of 5,742 s/f building  
New England Real Estate Journal – Aug. 17, 2018
SIOR member Stephen Press marketed a 5,742-square-foot property on behalf of 278 State Street LLC.

SELLING POINTS: Syracuse complex trades for $58.5M; related unloads NJ office complex 
Real Estate Weekly – Aug. 16, 2018
SIOR members Robert W. Scherreik and John L. Clark arranged the sale of Nob Hill Apartments, a 761-unit multifamily complex in Syracuse, New York.

L’Oréal USA to open distribution center at Tejon Ranch Commerce Center (TRCC)
Market Watch – Aug. 16, 2018
SIOR member John DeGrinis was quoted referring to L’Oréal USA moving its professional salon distribution operation in California to Tejon Ranch, citing the better access with the new location as a major factor in the move.

REAL ESTATE
The Columbia Star – Aug. 16, 2018
SIOR members Roger Winn and Jeff Hein represented the seller NW Evergreen Opportunities IV in a $410,000 purchase.

Cali-based CRE firm opens new office in Miami
City Biz List – Aug. 14, 2018
SIOR member Matt Rotolante will head the Miami Lee & Associates office.

NAI Hiffman promotes three to executive vice president, shareholder
RE Journals – Aug. 13, 2018
SIOR member David Haigh was promoted from senior vice president to executive vice president by NAI Hiffman.

SCANNELL PROPERTIES: A BLUEPRINT FOR SUCCESS
Scannell Properties
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E-commerce insights and opportunities — Connect Industrial 2018 panel recap Discover highlights from the panel discussion "Expediting Orders! E-Commerce at the Intersection of Industrial & Retail," which was held July 11 at the Connect Industrial 2018 national conference.
  
SIOR welcomes new chief executive officer SIOR is pleased to introduce its new CEO, Thomas E. McCormick, SIOR, FRICS. McCormick has 37 years of commercial real estate experience and has been a SIOR designee for 33 years. The first SIOR member to ever hold an executive position within the organization, he brings an abundance of knowledge and experience.
   
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Upcoming Events

Join SIOR in the Mile High City, Denver, Oct. 11-13 for the commercial real estate event of the fall – the 2018 SIOR Fall World Conference. A robust program of educational sessions and not-to-be-missed networking events is being planned, and you will not want to miss the conference.

Click here for complete details and to register now! 

SIOR DFW Chapter Event
When: Sept. 3 - Sept. 22

Philadelphia Chapter Meeting & Tour of Philadelphia Navy Yard
When: Sept. 13 from 11 a.m. to 2 p.m. (ET)
Where: Philadelphia Navy Yard, 4701 Intrepid Ave., Philadelphia, PA 19112

SIOR Inland Empire & Orange County Chapter Dinner & Networking Event
When: Sept. 13 from 5:30 p.m. to 8:30 p.m. (PT)
Where: Center Club Orange County, 650 Town Center Drive, Garden Level, Costa Mesa, CA 92626

SIOR Minnesota Chapter - OPUS Program
When: Sept. 18 from 1 p.m. to 3 p.m. (CT)
Where: TBD

Connecticut & Western Massachusetts Chapter SIOR Fall Member Meeting
When: Sept. 20 from 4 p.m. to 8:30 p.m. (ET)
Where: New Haven Country Club, 160 Hartford Turnpike, Hamden, CT 06517

Bright Ideas

Bisnow Commercial real estate developers are building with Gen Z in mind. This article reveals how the core five CRE sectors are already incorporating the demands of this young generation, the eldest of which are now 22.
Fast Company A new data analysis by Erik Rood offers one simple explanation: They save companies insane amounts of money.
Herald-Tribune For decades, many developers and architects worked to ensure that their buildings were kind to the planet. Now their focus is on the effect that buildings have on the people who work in them.