Community Involvement

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.

 

Monica Rafferty Receives Heart & Hands Award

Monica Rafferty Receives Heart & Hands Award

Salt Lake City, Utah (November 16, 2016) — Columbus Community Center has nominated Monica Rafferty, senior vice president of commercial sales and leasing at Coldwell Banker Commercial Advisors (CBC Advisors), to receive the Heart & Hands Award at the upcoming Utah Philanthropy Day Luncheon. The Heart & Hands Award recognizes individuals who make significant contributions to nonprofit organizations through volunteer or philanthropic service.

Rafferty has been instrumental in Columbus’ efforts toward developing The Hub of Opportunity, a mixed-use commercial and residential development that will be fully accessible for individuals with disabilities. The development will include NextWork Hub, an innovative live/work concept targeted for young adults with autism spectrum disorder.

“From the first site visit to negotiations for site acquisition and predevelopment, Monica has been a competent and decisive advocate on behalf of Columbus and the vulnerable population we serve,” said Stephanie Mackay, director of development at Columbus Community Center.

Columbus Community Center is a nonprofit agency focused on helping individuals with disabilities live independently in the community. Founded in 1968, Columbus provides employment, training, day program and housing services. Rafferty has served on Columbus’ advisory board and is currently an active member of the board of trustees. She is a passionate advocate for their mission.

“Columbus Community Center makes a huge difference in the lives of the individuals and families they serve on a daily and long-term basis,” said Rafferty. “It’s truly an honor to be involved in such a great organization and to see the impact they have on the community.”

The Utah Philanthropy Day annual luncheon has been held each November since 1999, recognizing members of the community who embody the spirit of philanthropy and volunteerism through various awards. Each Heart & Hands Award honoree will receive a pin and a certificate and will be specially recognized during the Utah Philanthropy Day luncheon on November 17 at the Grand America Hotel.

“Monica has the vision and skills that continues to allow us to systematically and strategically plan our expansion in a way that will maximize benefits to the community and enhance our ability to serve some of the most vulnerable among us,” said Mackay.

Monica Rafferty is an investment and office specialist at CBC Advisors with over 20 years of investment and commercial real estate experience. She is actively involved in various nonprofit organizations and charitable causes. CBC Advisors is the largest Coldwell Banker Commercial affiliate in the world, representing world-class industrial, investment, multifamily, office and retail properties throughout the United States.

CBC Advisors Completes Second Run to Support HIVEs Initiatives

CBC Advisors Completes Second Run to Support HIVEs Initiatives

Salt Lake City (September 12, 2016) – The Street Team at Coldwell Banker Commercial Advisors (CBC Advisors) sponsored its second 0.5 kilometer (0.5K) Ability Run on behalf of Just For Kids of Utah County, a nonprofit that provides academic and activity-based programs for individuals with disabilities and their families. The Fun Run raised almost $20,000 for future HIVEs (Habilitation Independence Vocation Education Socialization) program initiatives.

 

“We are so impressed with Just For Kids and the character of their organization,” said Bill Street, Investment Sales Specialist and member of the Street Team at CBC Advisors. “Last year this event helped raise enough money to buy a bus for their program and continued its successful program development again this year.”

 

With over 250 participants, the sponsored 0.5K race focused fundraising on tuition subsidizing for the children and adults enrolled in Just For Kids of Utah County. Just For Kids provide opportunities and activity programs for children with disabilities including summer school, adult educational, team sports, tournaments and a place for children to learn, socialize and exercise independence.

 

“We are grateful for the support of The Street Team at CBC Advisors and Lehi City for helping us provide successful services for individuals with disabilities,” said Michelle Holbrook, .5K Ability Run Organizer. “Because it’s the kids’ event, students also contribute to the fundraising by auctioning off baked goods and homemade crafts. It’s a must-attend community event.”

Utah County Leaders Gather For Sustainable Growth

Utah County Leaders Gather For Sustainable Growth

Following numerous national economic accolades awarded to Utah County at the end of 2015, leading businesses and community leaders participated in the second annual Utah County Commercial Real Estate Symposium. The Utah Valley Chamber of Commerce hosted the event, which featured dialogue on future development and sustainable growth.

“It is nearly inarguable that Utah County is at the top of the most dynamic markets for economic development in the nation,” said Lew Cramer. “Among the countless national and international recognition Utah County has received as of late, the Federal Bureau of Labor Statistics named Provo/Orem the top metropolitan area in the nation for job growth, and that kind of accomplishment does not simply happen by chance.”

A panel of experts from Coldwell Banker Commercial Advisors (CBC Advisors) discussed the details behind this calculated process, highlighting industrial, multifamily office, and retail development. James Bullington, Office Market Specialist, Eric Larsen, Industrial and Land Specialist, Mike Howard, Investment Properties Specialist, and Ryan Myers, Retail Specialist, all discussed factors contributing to the current state of Utah County’s commercial real estate market and possible obstacles to continued economic growth for both the public and private sectors.

A panel of top Utah County executives consisting of Jim Evans, COO of Xactware, Scott Tenney, City Manager of Google Fiber, Andrew Smith, CEO of Four Foods Group, and Rick Woodbury, Vice Chairman of Woodbury Corporation shared reasons their companies look at Utah County as a home base for growth. The executive panel spoke to current challenges their organizations are facing such as a declining unemployment rate. Many agreed that a unique culture and well-educated workforce contribute to the positive growth throughout Utah County.

“Utah County was the ideal location for the growth of this business due to the strong workforce with strong work ethics,” said Evans. “There is a challenge to find more quality employees as the unemployment continues to decline.”

The panel discussed solutions for creating value for their employees and finding and keeping quality employees through offering shares in their companies, creating fun work environments, and supporting educational growth so employees will continue to move up within their organizations.

Robert J. Grow, President and CEO of Envision Utah, provided a keynote address, highlighting collaboration between cities along and the importance of private and public partnerships.

“It’s not unlikely we could have over 1 million new people by 2030 in Utah County,” said Grow. “Utahns want safe, secure, and quality communities that focus on education and continue to focus on healthy environments. This is why it is important for Utah County to stay on the right track as we continue to create a great destination as the population continues to grow.”

CBC Advisors Supports Utah County HIVEs Initiatives

CBC Advisors Supports Utah County HIVEs Initiatives

Salt Lake City (September 24, 2015) – The Street Team at Coldwell Banker Commercial Advisors (CBC Advisors) sponsored the first .5 Ability Run on behalf of Just For Kids of Utah County, a nonprofit providing academic and activity-based programs for individuals with disabilities and their families. The event raised over $25,000 for future HIVEs (Habilitation Independence Vocation Education Socialization) initiatives.

“The .5 Ability Run was an incredible success for the program,” said Michelle Holbrook of Just For Kids of Utah County. “We look forward to utilizing these new resources to ensure that more friendships are developed and fostered, social skills are learned and incorporated, daily activity is encouraged, and independence is practiced and experienced.”

Eleven years ago, moms of individuals with disabilities in Utah County gathered and visualized opportunities to afford their children. Just For Kids of Utah County was created as a result. Today the organization provides various activity programs for persons with disabilities throughout Utah County.

“Just For Kids of Utah County contributes greatly to the quality of life found in the neighborhoods in which we live, work and play,” said Mary Street, Land and Investment Specialist at CBC Advisors. “The extreme community support of the .5 Ability Run demonstrates the special characteristics of this program.”

Money raised from the event will directly fund HIVEs initiatives. HIVEs provides adult individuals living with intellectual disabilities necessary skills to function in their local community with surety and pride through a unique community-based educational activity program. Participants work out in local fitness centers, learn in a community college setting, pursue lifelong educational learning, serve local senior citizens, and compete on athletic teams and in individual sporting events.

“We can’t thank The Street Team at CBC Advisors and Lehi City enough for their support of the HIVEs program and .5 Ability Run,” said Holbrook. “The outcome of their effort will impact the program well into the future.”

For more information on or to donate to Just For Kids of Utah County visit this link.

Heather Bogden & Jami Marsh of Coldwell Banker Commercial to Serve as Members of the Board for CREW Utah

Heather Bogden & Jami Marsh of Coldwell Banker Commercial to Serve as Members of the Board for CREW Utah

Heather Bogden, Retail Specialist for Coldwell Banker Commercial (CBC), and Jami Marsh, Vice President of Office Division for CBC, were elected to serve as members of the board for CREW Utah. CREW Utah is a chapter of the CREW Network that exists to influence the success of the commercial real estate industry by advancing the achievements of women. The 8-member board will serve a one-year term in a unique leadership opportunity that allows them to advise and participate with other accomplished professionals in the real estate industry. CREW Utah is growing and the caliber of members continue to be amongst Utah’s finest in all aspects of commercial real estate.

Coldwell Banker Commercial’s Russ Booth To Serve as Commissioner for Utah’s Real Estate Commission

Coldwell Banker Commercial's Russ Booth To Serve as Commissioner for Utah's Real Estate Commission

Coldwell Banker Commercial, a leader in commercial real estate, acknowledges Russ Booth of the Salt Lake Office on his recent appointment. Governor Gary Herbert appointed Booth to serve as one of 5 Commissioners on the Real Estate Commission for the State of Utah, the overall governing body for all commercial/residential licensees.

“We congratulate Russ on this appointment,” said Steve Bogden, Managing Director and Principle Broker for CBC NRT Utah. “He has a long history of leadership in real estate and is well known and highly respected in our industry.”