Monthly archive for March 2017

Utah County Leaders Gather to Discuss Transportation and Growth

Utah County Leaders Gather to Discuss Transportation and Growth

Provo, Utah (March 8, 2017) — Business and community leaders from Utah County gathered at the Utah Valley Convention Center last week for the third annual Commercial Real Estate Symposium to discuss this year’s theme: adjusting to rapid growth. The Utah Valley Chamber of Commerce hosted the event, which featured conversations with various commercial real estate professionals, business development experts and transportation leaders within the county.

“Facilitating continued conversations between leaders in business and transportation — between all the major players in the area — is critical to addressing and resolving the concerns that follow such rapid growth,” said Brandon Fugal, chairman of Coldwell Banker Commercial Advisors (CBC Advisors), who partnered with the Utah Valley Chamber of Commerce on the symposium.

A panel of experts from CBC Advisors began with a presentation on the state of the market in Utah County, discussing growth in different sectors of the region and how to balance the economy for current and future success. Mary Street, land and development specialist; John Petersen, office specialist: Jarrod Hunt, industrial specialist; and Stuart Thain, retail specialist, all discussed the factors contributing to the current state of Utah County’s commercial real estate market and the possible adjustments that need to be made to sustain the rapid growth the area is experiencing.

“It’s vital to the success of our economy to have a balanced economy,” said Hunt. “Not everyone wants to go to college, not everyone wants to sit behind a computer all day.”

Much of the discussions throughout the symposium focused on transportation, as a panel consisting of Shane Marshall, deputy director of the Utah Department of Transportation; Mary Delamare-Schaefer, regional Utah County manager for the Utah Transit Authority; Derek Miller, president and CEO at World Trade Center Utah; and Steve Gleason, manager of the Provo Municipal Airport, discussed strategies to deal with current and future traffic concerns stemming from such accelerated expansion in the area.

The panel discussed a multi-faceted approach to solving transportation questions, including increasing the size of the freeway, adding parking stalls, and, especially, making major developments in public transportation, such as a bus rapid transit system and creating transit that is more connected, reliable and convenient.

“We need to have good conversations with our partners and businesses on how people get to work and where they need to go,” said Marshall. “We can’t just keep adding parking.”

Clint Betts of Silicon Slopes and Rona Rahlf of the Utah Valley Chamber provided the keynote presentation, highlighting plans to balance future growth in areas and industries outside of Silicon Slopes.

“We need to make sure Silicon Slopes doesn’t rise while the rest of Utah falls or remains stagnant,” said Betts.

Presentation slides from the event can be downloaded here.

 

CBC Advisors Takes Top Honors at 2017 CCIM Excellence Awards

CBC Advisors Takes Top Honors at 2017 CCIM Excellence Awards

Salt Lake City (March 7, 2017) – CCIM Utah recognized two top professionals from Coldwell Banker Commercial Advisors (CBC Advisors) as business leaders gathered at the Grand America Hotel for the 2017 Excellence Awards on Saturday, March 4. The CCIM Excellence Awards ceremony annually recognizes those who have had an exceptional influence on their communities by exemplifying the highest degree of business excellence in Utah’s commercial real estate industry.

“We congratulate all 16 professionals recognized for their incredible achievements in 2016 and for giving charitably in their respective communities,” said Lew Cramer, CEO of CBC Advisors. “It’s an honor to work and associate with such respected professionals who elevate business and Utah’s economy.”

Each year, the Utah CCIM Chapter board of directors selects three finalists within 16 categories. A panel of over one hundred business, civic and industry leaders judge each application for final review and vote.

CBC Advisors achieved top honors at the ceremony with two out of nine nominated finalists winning awards. Brandon Fugal was named Office Broker of the Year and Stuart Thain was named Retail Broker of the Year.

CBC Advisors swept the retail category for a fourth straight year with three finalists: Cameron Simonsen, Rob Moore and Stuart Thain. Thain received the Retail Broker of the Year award in both 2015 and 2014. Jordan Wall was a finalist for Office Broker of the Year, Jarrod Hunt for Industrial Broker of the Year, Felicity Hatton-Ward for Property Manager of the Year, Josh Smith for Rookie of the Year and Mary Street for Investment Broker of the Year.

“Brandon and Stuart have achieved incredible milestones throughout their careers and have maintained a standard of excellence at CBC Advisors,” said Cramer. “We congratulate them and the other seven finalists from CBC Advisors for their outstanding work and exemplary professionalism.”

CBC Advisors is the largest Coldwell Banker Commercial affiliate in the world, operating from 30 primary and dynamic secondary markets coast to coast. The firm delivers a comprehensive real estate strategy for tenant representation and advisory, location and relocation services.

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Nine CBC Advisors Professionals Nominated for 2017 CCIM Excellence Awards

Nine CBC Advisors Professionals Nominated for 2017 CCIM Excellence Awards

Salt Lake City (March 2, 2017) – Coldwell Banker Commercial Advisors (CBC Advisors) today recognizes nine agents who are finalists for the 2017 CCIM Excellence Awards in Utah. The nine nominations exceed CBC Advisors previous record of eight nominees in 2016.

“We congratulate our colleagues on their excellent work through 2017,” said Lew Cramer, CEO of CBC Advisors. “Becoming a CCIM Excellence Awards finalist requires sacrifice and a tremendous amount of effort. These professionals represent the highest class of performance within their communities and have delivered incredible results for their clients.”

The CCIM Excellence Awards honor top agents, brokers and commercial real estate organizations in various categories including industrial, investment, multifamily, office, retail and property management. Each year, the Utah CCIM Chapter board of directors reviews electronic applications from candidates, and then, creates a shortlist of three finalists in each category. A panel of over one hundred business, civic and industry leaders use web-based judging criteria for final review and vote. The 2017 judging panel focused on individual achievement, community involvement and service.

The following brokers at CBC Advisors moved through preliminary judging rounds and were named finalists:

Jarrod Hunt as Industrial Broker of the Year

Brandon Fugal as Office Broker of the Year

Felicity Hatton-Ward as Property Manager of the Year

Stuart Thain as Retail Broker of the Year

Cameron Simonsen as Retail Broker of the Year

Rob Moore as Retail Broker of the Year

Josh Smith as Rookie of the Year

Mary Street as Investment Broker of the Year

Jordan Wall as Office Broker of the Year

“We work with a remarkable group of stars, rising stars and the hardest-working professionals in the industry,” said Cramer. “Our client-centric business model, global network and technological resources act as a playground for the success of our agents and advisors.”

CBC Advisors is the largest Coldwell Banker Commercial affiliate in the world, operating from 30 primary and dynamic secondary markets coast to coast. The firm delivers a comprehensive real estate strategy for tenant representation and advisory, location and relocation services.