March 12
Monthly Luncheon
April 9
Associates Night Trade Show  
April 23
Roof Walk
April 27, 28, 29 & 30
High Performance Principles Class  
June 4
Golf Tournament  

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The Byline
  MARCH 2015

President's Message

February has come & gone!

If you have not been to one of our monthly lunch programs you're missing out! Programs Committee, led by Mitsie Smith of Smith Commercial Management has been bringing us relevant topics and great speakers.

February's luncheon introduced us to the new editor of Silicon Valley Business Journal, Malcolm Bordelon. And instead of our very popular senior real estate writer sitting in the audience, Nathan Donato-Weinstein shared with us how stories make the news and the changing world of real estate news, as well as the many different formats for the Journal that we have available each day and many times throughout the day. A great take away from Nathan was that big deals are not always the most interesting stories: it's the people or story behind the deal.  (Scroll down to read more about the luncheon and see pictures from the event.)

Last week we had the 2nd annual Bowling with the Board.  What a FUN evening!  This event was put together by the Associates Committee, headed up by committee chair Persis McGinn of WG Construction.   (More pictures from that event are below.)

We've got more great lunch programs on the calendar as well as the annual golf tournament, June 4th at Cinnabar Hills.  Check them out and get all the great information on our www.boma-sv.org website.


Meet the Press

The Silicon Valley Business Journal's new Publisher Malcolm Bordelon and Senior Real Estate Reporter Nathan Donato-Weinstein spoke to BOMA members at their February 19 luncheon.  Publisher Bordelon talked about his new role with the "weekly" paper.  As the digital versions of the Journal articles become more the go-to and immediate means for business news, the Journal has created new information options like their speaker forums and networking events to subsidize and support its news publications.

Click on the link to see more pictures from the February luncheon.

Donato-Weinstein shared some of his online sources for up to date news and leads to new stories.  Although as he noted, the best CRE story leads still come directly from people in CRE.  He encouraged the audience to share information and tips.  As a BOMA Media Partner, the Journal has a live real estate news feed available on the BOMA website on our NEWS/Industry News page.

A copy of Donato-Weinstein's presentation with his contact information is available here.

It's All About The Numbers

As budget season all too quickly approaches and numerous properties change hands, BOMA property managers are faced with daunting amounts of paperwork.  But making these tasks even more challenging is the request (and assumption) the PMs will have market and other statistical data in hand for the ever-increasing number of reports that owners, tenants, and their "home offices" require.

BOMA Silicon Valley has two great events that deal with the numbers you need:

At our March 12 monthly luncheon, BOMA will bring together a panel of local CRE colleagues to discuss what resources are available to answer questions on where you can get numbers on rents, staffing, and operating expenses.  Online resources, publications, and who to call locally will be just a few of the resources that will put "Industry Intelligence at Your Fingertips".

We will poll the audience for their best sources and we expect a lively Q&A with our broker, staffing and PM panelists to solve your data search questions.

The Energy & Sustainable Management Committee has put together a panel for the April 16 luncheon to help you manage your systems data to reach your building sustainability goals and save money.  "Demystifying the Data" will be a panel moderated by Laura Galvin of the Irvine Company.

The luncheon will also feature a "mini-tradeshow" of green vendors and service providers, including CleanSource, WG Construction, Del Conte's Landscaping, and online LEED trainers, Sustainable Investment Group

Six Packs, Strikes and Turkeys

The Associates Committee put on a great party on February 26 as over 80 members and guests attended the second annual "Bowling with the Board" at Bowlmor San Jose.

Click on the link to see more pictures of this fun event!

* You may know a strike, but what are a "six-pack" and "turkey"?  A six-pack is 6 strikes in a row...a turkey is 3 strikes in a row!

CRE Ideas from the new VTA Innovation Center

Exciting ideas and gridlock solutions were the agenda for the first look at the VTA's Transportation Innovation Center on February 18 at the VTA offices on North First in San Jose.  The VTA has created an interactive learning lab where students, staff and technology partners can collaborate on a wide variety of innovative transportation projects.

BAE Sharon Fredlund who represents BOMA Silicon Valley on the VTA Measure A Citizen's Advisory Committee attended the Grand Opening.  Here are a few of the takeaways from the Center:

Solving the "First and Last Mile" problem.  One of the key reasons people do not use our public transportation system (and thereby clog our roadways) is the distance from public transit "stops" and their final destinations.  An exciting app and new transit proposal would fill this "gap" and make use of public transit a better option for more people.  (Download a pdf here with details of the draft First and Last Mile program.)  Using your smartphone to plan and pay for your trip from Point A to final destination using a mix of transportation options may be coming soon!

Smart Stop would be an interactive information station that travelers could use to plan a trip VTA or any Bay area transit system, provide real time information, bus schedules, security notifications and more.  

The key CRE aspect of the Smart Stop center is it could be an amenity in your building!

The VTA is encouraging commercial property owners to take a look at the opportunities the centers could provide to their tenants.  If you are interested in finding out if the Smart Stop is an amenity that should be in your lobby, please contact the BAE Sharon Fredlund.

Download a pdf here with details of the draft Smart Stop program.

Outdoor Lighting: Visibility, Liability and the Future

Our colleagues at the National Lighting Bureau have shared this informative panel discussion on technology surpassing the speed of codes and the impact this can have on property managers' decisions for their properties.

By 2020, predicts the U.S. Department of Energy, 75% of the United States' outdoor lighting will use light-emitting-diode (LED) technology. This conversion from high-intensity discharge (HID) and other legacy-lighting sources represents an unprecedented opportunity to improve the quality of the outdoor-lighted environment while saving energy. But, says a panel of three outdoor-lighting experts assembled by the National Lighting Bureau, if the only focus is energy efficiency, it's possible that the quality of 2020's outdoor lighting will be inferior to what we have today. The panel was one of four the Bureau hosted as part of its annual lighting forum sponsored by the Edison Report and moderated by Edison Report Publisher Randy Reed.

One of the outdoor-lighting experts – Bob Parks, L.C., executive director of the Smart Outdoor Lighting Alliance – referred to new research showing that some outdoor lighting provides better nighttime visibility when it is not uniform, because uniformity reduces the contrast that is an essential element of good visibility. Mr. Parks said the same research also showed that illumination levels could be reduced by as much as half the contemporary recommendations, with no reduction in visibility, when the illumination is provided by broad-spectrum, white-light sources, like some LEDs. Mr. Parks opined that contemporary standards are out of date because they specify illumination levels and uniformity that are too high for broad-spectrum white light. Nonetheless, because complying with standards is a shield against lawsuits alleging that lighting was inadequate and therefore caused or contributed to an accident, those who own or operate outdoor-lighting systems conform to standards. As an example, Mr. Parks pointed out that the New York City Department of Transportation will replace some 250,000 conventional street- and highway-lighting units with LED units over the next two years. When it does, however, the new lighting will comply with existing standards that do not consider the specific attributes of LED lighting. As a result, the new lighting may actually provide less visibility and save less energy than it otherwise could, and it will probably produce more glare.

The slow process of developing standards and regulations was acceptable before the pace of lighting-industry change accelerated, said Mark Lien, L.C., CLEP, CLMC, HBDP, LEED BD&C, Director of Government & Industry Relations for OSRAM SYLVANIA. Today, however, change is often occurring faster than the existing process can accommodate, creating the potential for delayed application of new technologies. Dynamic spectral tuning is one of these new technologies, permitting programmed changes in the color temperature of the light being emitted, so that an outdoor LED installation can produce bright-white light during evening rush hour, then progressively warmer lighting as it gets later, to maintain visual comfort and effective visibility.

The third panelist – Janet Lennox Moyer, FIALD, a lighting designer and founder of the International Landscape Lighting Institute – pointed out that, even when the color temperature of an LED fixture is about the same as a legacy lamp's, the LED's light often appears to be less warm. She acknowledged that dynamic spectral tuning can reduce the disparity in appearance, but widespread application of that technology can occur only when standards exist.

The entire panel discussion is provided in two parts and is available for viewing free of charge on the National Lighting Bureau website. The Bureau is an independent, IRS-recognized not-for-profit, educational foundation that has served as a trusted lighting-information source since 1976.

Obtain more information about the Bureau by visiting www.nlb.org or by contacting its staff at info@nlb.org or 301-587-9572.