October 2017 Breakfast Overview

NAIOP Southern Nevada – October Breakfast Overview
“Move Some Dirt with the Best in Land Business”

Scott Gragson, Colliers International, executive vice president, land division
Bob Gronauer, Kaempfer Crowell, managing partner
Liz Andocia, Toll Brothers, Inc., land acquisition manager
Kevin Higgins, CBRE, executive vice president, moderator
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DLI Class #1 Overview

Students came prepared with their work assigned prior to the course which included reading a case study on T. Boone Pickens. The article discussed Pickens’ abilities in forward thinking and a keen awareness of his entire industry. By doing so, Pickens took over the market. If you don’t know Rick Myers, you should! He kept the class engaged for hours while addressing the nuances of construction, architecture, product types, etc. Rick is knowledgeable about everything discussed and stressed the importance of staying relevant and up-to-date in the community.
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Community Service Update – November

Congratulations to our very generous NAIOP membership for exceeding last year’s donations to Helping Hands of Vegas Valley. This year we raised $525 in cash donations and more than 800 lbs. of food and paper products. This exceeded the 506 lbs. we did last year. All donations benefit local elderly on fixed incomes.

Thanksgiving is around the corner and we will be assisting 30 families with baskets filled with a Thanksgiving feast! Mark your calendars to attend our Saturday, November 18th event. Members are encouraged to bring their families to help decorate baskets. The baskets and will be delivered along with a turkey to each family on November 20th. Keep your eyes peeled for a reminder in your inbox!
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Message to our Members About Last Night’s Tragedy

In shock and dismay, NAIOP sends our deepest and heartfelt condolences to everyone affected by Sunday’s mass shooting.  It is difficult to imagine such horrendous terror inflicted on our fellow human beings.  We are thankful to Las Vegas Metro and first responders who stepped in with both speed and courage to assist and rescue victims and to diffuse the situation.


President’s Quarterly Report – October 2017

Dear Fellow Members,

As the weather starts to cool in Southern Nevada, NAIOP continues heating up and gaining steam as the final few months of 2017 are approaching with lots going on. The state of the organization is strong and firing on all cylinders like an engine. Membership has grown 15% year over year, a testament to the Programs and Education committees’ for their strong events with relevant and informative content. Not to mention the Membership committees’ recruitment efforts including fun social mixer events like the annual bowling tournament and Oktoberfest.

The Programs committee had an informative retail panel in August, just concluded and stellar panel on the Stadium and the Las Vegas Raiders, and is now focusing on the October program discussing Land.

The Education committee has its grand finale Members Only 2017 Economic Impact series which will be on October 6th and free to Members.  This final event will be a workshop discussing economic impacts on local commercial real estate and the economy of the Strip – new projects, entertainment and the rise of Chinese tourism. The prior three events have been great successes which focused on the stadium / convention center additions, industrial revolution and medical breakthroughs.

NAIOP Government Affairs continues its efforts to identify policy that impacts the commercial real estate industry. It has become apparent that NAIOP’s vie to be a resource for elected officials and policy makers has continued to transpire and a number of organizations and municipalities have reached out for our input including Clark County, City of Henderson, City of Las Vegas to name a few, even NDOT. We hope to continue working together with local, state and federal policy makers in a concerted effort to foster economic growth and continue to make Southern Nevada a prosperous, attractive place to live and do business.

The NAIOP engine continues to rev up as the annual Bus Tour takes place November 2nd and will be The Greatest Show on Earth, or at least a terrific, fun opportunity to learn more about the market’s office, industrial, retail and mixed use developments. It’s at the Silverton Hotel this year in the Veil Pavilion which will make it convenient and easy to access all the fun from the buses. In addition to the bus tour, guided by market experts, there will be a buffet lunch, exhibits, games and a cocktail reception after with more games and exhibits.

The Community Service committee raised over $1,400 at the Annual Bowling Tournament which will be assimilated to the NAIOP umbrella of charities. The committee will soon hold its food & supply drive to benefit Helping Hands of Vegas Valley to help low-income seniors in the Valley.  Donations can be brought to the October breakfast program. The holiday toy drive will be in conjunction with the annual member holiday luncheon, which will be held at the Four Seasons on December 14th.

Currently, there is a call for entries for the 2018 spotlight awards. This distinguished event recognizes and honors member firms’ achievements for project developments and also individuals with awards for their accomplishments in commercial real estate during the 2017 year. Make sure to submit your intent to enter and/or nomination for industry award by November 3rd. There is also an application workshop scheduled for November 15th to assist applicants in preparing their entry for the judging process.

Membership will have a “Maximize your Membership” meeting on November 16th and I would encourage all new members to attend this informative orientation to learn how to get involved in the organization and maximize the benefit of NAIOP membership.

The election committee has assembled a slate of candidates for the open positions on the 2018 NAIOP Southern Nevada Board of Directors. The ballet will soon be emailed out to the membership. It will be quick and easy to cast your votes so please take a moment to do so.

I’d like to congratulate the twenty-one Developing Leader members that were accepted into the 2018 DLI (Developing Leader Institute) class. They recently met for the first time at the DLI class orientation and will soon have their kickoff retreat up at Mount Charleston. Their acceptance into the program is an accomplishment to be proud of and I wish them all the best as they embark on the 2018 curriculum preparing them to further advance their careers in the commercial real estate industry.

In August the UNLV Lee Business School welcomed Vivek Sah, PhD, as the new director for the LIED Institute for Real Estate Studies. I have had the privilege to meet and talk with Dr. Sah several times since his arrival and am very encouraged with his plans to grow the real estate program at UNLV. NAIOP looks forward working with Dr. Sah to strengthen our relationship with UNLV and help accomplish the goal of growing the real estate program.

NAIOP CRE.Converge is taking place in Chicago October 9-12 and expecting 1,400 attendees from all across North America. Industry leaders will converge in Chicago for informative programs and speakers discussing the commercial real estate industry and emerging trends.

Finally, I’d like to say a special thank you to our Platinum Sponsors, The PENTA Building Group and Cox Business along with all of our 2017 President Circle sponsors. With your support we have been able to keep the NAIOP engine running strong and make significant contributions this year to benefit the commercial real estate industry.

Wishing you all continued success.


Jay Heller
Chapter President
NAIOP Southern Nevada

Community Service Update – October

It’s been a pretty low-key September, but we had a great time at the Candlelighter’s 5K Superhero run. The rain didn’t stop the dedicated from donning their Superhero attire and showing their support to assist the battle against childhood cancer. Thank you for everyone’s support and to Spiderman who is a faithful Team NAIOP participant! Click here for event photo.

October is around the corner and we are holding a food and paper goods drive to benefit Helping Hands of Vegas Valley as they assist low-income seniors before the holidays. Please bring your donations to the October 19th Breakfast meeting at the Orleans. Click here for details, donation list and signs for hosting your own in-office drive.

In November, the Committee will hold a Thanksgiving Angel Basket food drive and basket assembly event. Contact me if you are interested in volunteering at this great family service opportunity!

On Thursday, December 14th, we’ll hold our annual toy drive at the Members Only Holiday Lunch at the Four Seasons – save-the-date today to bring a new unwrapped toy.

Click here to check out our Community Service event photos!

Community Service Committee Chair
702-270-6600 | cteachman@leesaklv.com| www.leesak.com

Sustainable Tip

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Click here to learn more about their program.


Matthew Weinberger, Geotechnical & Environmental Services, Inc.
702-365-1001 | Matthew.Weinberger@gesnevada.com | www.gesnevada.com

Members Only Workshop Overview – Medical Breakthroughs & Beyond


Darren Cook – CEO, Horizon Hospitals
Dr. Mark Penn – Founding Dean of Roseman University College of Medicine
Shani Coleman – Redevelopment Manager, City of Las Vegas
Moderator – Ric Truesdell, Principal Cornerstone Company

Recently I attended the NAIOP Economic Series Impact Workshop on August 11th, 2017 with roughly 35 other attendees. The topic was “Breakthroughs in the Medical District & Beyond.” Interestingly enough, I have attended previous events throughout this year with the topic, but this one felt different. This atmosphere, this setting, this panel was much more intimate. I felt like the audience was much more engaged and able to interact with the panelists. I heard questions asked that I haven’t heard asked before. To me, there is a lot of value in these NAIOP Education events. Thank you to the sponsor, panelists and the education committee in putting together these workshops.

In order to build the framework of this Workshop, it’s important to understand the content that was shared with us. Read more

2018 DLI Class Accepted

The Developing Leaders Institute Committee is pleased to announce the 21 accepted applicants in our 2018 Class. NAIOP’s Developing Leaders Institute is a 12-month curriculum of leadership and real estate training taught by the leading professionals from the Southern Nevada real estate and development industry. Read more

Sustainable Tip

Sustainable Byte from From Tweakyourbiz.com

10 quick wins that businesses can use to cut energy costs: Read more