Developer of the Year: The JBG Companies - Building a Sustainable Advantage

By: Ron Derven, contributing editor, Development

The ability of The JBG Companies to analyze and understand dynamic market trends and conditions, as well as its state-of-the-art design and planning processes, have helped it achieve tremendous investment success. Focusing on the Washington, D.C.-Maryland-Northern Virginia metropolitan area, JBG has developed and invested in urban-infill, transit-oriented projects, strengthening the communities in which it works.

Other Features In This Issue
7th and Madison building

Navigating Healthcare Development: Seventh & Madison - A Puzzle Worth the Effort

Developing for the healthcare and life sciences market contains challenges unlike those in the office, retail or mixed-use sectors.  The 7th & Madison property in Seattle is one such example of a project with its share of complexities that started out as anything but the typical deal.      

entrance to Wirtz Beverage Illinois

Reinventing a Former Racetrack

In April of 2011, the former home of the Sportsman’s Park racetrack was a vacant piece of land littered with remnants of a concrete track and a demolished grandstand. Standing on Laramie Avenue, Anthony Iatarola of Wirtz Realty Corporation, envisioned a 605,000-square-foot office, warehouse and distribution facility and other land uses, forming the future home for Wirtz Beverage Illinois LLC.      

Vernon Manor

Vernon Manor - Transforming a Historic Hotel For Medical Use

What was once a hotel for the wealthy and occasional dignitary guest has transformed into unique office space, housing administration and operations for Cincinnati Children’s Hospital Medical Center, moving 670 employees into the converted space in 2011. The office space is bright, modern and located close to other Cincinnati Children’s facilities that surround its pediatric hospital and research center.      

Advocacy

  • Approaching the Edge

    By now, anyone watching the struggles of the political class in Washington, D.C. in dealing with our national government’s deteriorating financial condition has heard pundits warn of the “fiscal cliff” awaiting us at the end of 2012 and into early 2013. The term, used by Federal Reserve Chairman Ben Bernanke, refers to the economic impact of expiring tax cuts, mandatory, across-the-board budget reductions, and another stalemate over raising the national debt limit.      

All Advocacy Articles

Development - Ownership

  • Strategically Green - A Smart Energy Retrofit for Office Parks

    Last year the management of Menlo Business Park faced several challenges. In a struggling economy Tarlton Properties, manager of the business park, needed to reduce operating expenses, upgrade the property to retain and attract tenants, prepare the property for energy price volatility, gain greater management control and develop a deeper insight into the operating conditions of each building.      

  • Developer of the Year: The JBG Companies - Building a Sustainable Advantage

    The ability of The JBG Companies to analyze and understand dynamic market trends and conditions, as well as its state-of-the-art design and planning processes, have helped it achieve tremendous investment success. Focusing on the Washington, D.C.-Maryland-Northern Virginia metropolitan area, JBG has developed and invested in urban-infill, transit-oriented projects, strengthening the communities in which it works.      

  • Navigating Healthcare Development: Seventh & Madison - A Puzzle Worth the Effort

    Developing for the healthcare and life sciences market contains challenges unlike those in the office, retail or mixed-use sectors.  The 7th & Madison property in Seattle is one such example of a project with its share of complexities that started out as anything but the typical deal.      

  • First Look - Offices That Hover

    Commercial office space typically rises upward in central business districts. A unique option, however, has emerged in Russia — between buildings. That’s the idea behind the “parasite office,” a creation of principals Arseniy Borisenko and Peter Zaytsev of Za Bor Architects in Russia.      

  • Reinventing a Former Racetrack

    In April of 2011, the former home of the Sportsman’s Park racetrack was a vacant piece of land littered with remnants of a concrete track and a demolished grandstand. Standing on Laramie Avenue, Anthony Iatarola of Wirtz Realty Corporation, envisioned a 605,000-square-foot office, warehouse and distribution facility and other land uses, forming the future home for Wirtz Beverage Illinois LLC.      

  • The State of Development

    Three previous NAIOP Developer of the Year winners share their future development plans and lessons learned from the recession. This article also discusses the future of state and municipal incentive programs.      

  • Vernon Manor - Transforming a Historic Hotel For Medical Use

    What was once a hotel for the wealthy and occasional dignitary guest has transformed into unique office space, housing administration and operations for Cincinnati Children’s Hospital Medical Center, moving 670 employees into the converted space in 2011. The office space is bright, modern and located close to other Cincinnati Children’s facilities that surround its pediatric hospital and research center.      

All Development - Ownership Articles

Marketing - Leasing

All Marketing - Leasing Articles
  • First Look - Forces Changing the Supply Chain and Retail Sector

    The global consumer shift toward electronic-commerce, mobile device supported commerce, and social media supported commerce is changing how the retail and warehouse industries operate. This trend and its affect on the physical location of warehouses, distribution centers and retail stores, is detailed in the report,“The New Borderless Marketplace: Repositioning Retail and Warehouse Properties for Tomorrow.”      

  • Tech Takes - Is There a Cloud Over Your Computer?

    Cloud computing is not the wave of the future, it’s the present. You are probably using the cloud right now if you are using social media or have a Gmail account.      

  • Succession Planning: Start Early, Communicate Openly

    It’s never too early to plan an exit from a company, but if succession planning efforts are poorly handled, it could be a recipe for disaster. That is according to Al Marco, principal, Trovato Group, a national executive search and consulting firm specializing in real estate.      

  • New Voices - Technology’s Role Across Generations

    At the April 2012 National Forums Symposium, the Industry Trends Task Force discussed their use of personal technology devices and social media in their work and personal lives.      

  • New Voices - The New Face of Mentorship

    Mentoring programs are not what they used to be. Just as business networking has changed with the introduction of LinkedIn and other social media sites, traditional mentoring programs have also transformed to address the needs of the young professional joining the workforce.      

  • The New Investor Favorite: Mexico or Brazil?

    In the past, Mexico’s most frequent global image was that of an unsafe country, trapped in gang drug wars. Brazil was seen as an emerging country with a growing economy, and cheerful people who enjoy soccer and samba. Mexico has not successfully improved its international reputation, whereas Brazil has effectively repositioned its nation, noted Simon Anholt, British expert on country branding.      

All Business - Trends Articles

Finance

  • Appetite for Debt Increases, But Conservative Underwriting Remains

    Even if the volume of new commercial mortgage lending originations dips in the second half of the year, the first half of 2012 has been robust. According to the latest figures available from the Mortgage Bankers Association, the level of commercial and multi-family mortgage debt outstanding increased by $8.1 billion, or 0.3 percent, between 1Q12 and 4Q11.      

All Finance Articles

Perspectives

  • At Closing - Supporting Our Chapters through the Strategic Plan

    NAIOP is now deep into putting the goals and strategies of its 2012-2014 Strategic Plan into practice, focusing on developing effective education resources; deepening member knowledge of key government affairs issues affecting us in Washington, D.C., and in our state capitals; and supporting NAIOP chapters with resources to help them engage new members.      

  • Worth Repeating Fall 2012

    Comments from I.con sessions on data center trends and the industrial market; Solution Series programs on what’s ahead in retail development, retaining talent and the new role of brokerage.      

All Perspectives Articles