Increasingly green California codes and financial incentives are driving the push toward Zero Net Energy (ZNE) build-ings in California, a panel of sus-tainability experts told a BOMA San Francisco audience in July. ZNE facilities are ones that produce at least as much power as they use. (Some use the term NZE—Net Zero Energy.)

They cited a recent study by McGraw Hill Construction saying

green building retrofits will decrease building operational costs 13%, boost

a building’s asset value 4% and produce a payback for the retrofit in seven years.

Ted van der Linden, DPR Construction’s director of sustainabil-ity, PG&E Principal Peter Turnbull and

Environmental Buildings Strategies Principal Matt Macko made the joint presentation.

Noting that 75% of buildings are not high-rise, Turnbull said lower buildings can achieve ZNE goals more

Sum

mer

201

4

Meet BOMA Members • Page 6

Members on the Move • Page 7

Title 24: Costs & Opportunities • Page 11

Win a TOBY! • Page 13

What’s Inside Views...

BOMA’s Workforce Development Update... Page 15

(Continued on page 12)

Top photo: DPR Construction office uses daylighting and energy-saving Big Ass Fans (photo courtesy of Big Ass Fans). Lower photo: panelists Peter Turnbull, PG&E; Matt Macko, Environmental Buildings Strategies; Ted van der Linden, DPR Construction.

Zero Net Energy Advocates Address BOMA Audience

2

With Sarah MacIntyre,

BOMA San Francisco President

How do you know that property

management is officially part of

your DNA? While attending the 2014

BOMA International Every Building

Conference and Expo in Orlando,

I went for a run around the hotel, about a mile loop. The air was

stiflingly thick as I made my way through the hotel’s parking lot and

then I saw them—the four extra-sized cooling towers that were

keeping the interior oasis as cool as a movie set from “The Truman

Show.” I stopped, took pictures and instantly emailed them to the

engineering crews back in San Francisco. How could I not share such

an impressive grouping of equipment! PM geek alert...I was definitely

at the right convention.

A couple of notable items from this year’s conference. The strength of

our local chapter was ever present—from a staffing and membership

standpoint. Overall, we are more progressive and appropriately aggres-

sive in our political involvement. Our member and community engage-

ment is great. Environmentally, our requirements and independent

actions are setting the bar higher than the rest of the nation.

As most members are in our large and very concentrated central

business district, we have a geographic advantage, which allows our

members to network, attend luncheons, engage in committee work

and attend educational programs regularly. Many BOMAs are in far-

flung areas, where members have to drive an hour or more to attend

the variety of events needed to make for an effective organization.

Adding two or three hours of commute time to a one-hour panel meet-

ing or lunch is daunting, even for the most dedicated BOMA member.

Face-to-face synergy, learning and relationship-development are much

easier for members of our BOMA. One chapter shared with me that

they have three luncheons a year, compared with our nine luncheons.

I can’t imagine only having a handful of those opportunities a year to

mingle with my colleagues and service providers.

What else happened at BOMA International’s annual meet? Committee

meetings, networking, classes, case studies and, of course, checking

out all the new products plus candy, popcorn and gadgets on the

convention hall floor. The committee meetings are always worthwhile

to learn about national issues and get collective member feedback.

Platinum SponsorAble ServicesGold Sponsors

ABMNRG Energy Center San Francisco

ProTech Security Services, Inc.Recology Golden Gate

Universal Protection Service

Silver SponsorsAlliance Roofing Company, Inc.

AT&TBNBuilders

CBREHines

Kilroy Realty CorporationMetropolitan Electrical Construction, Inc.

Pacific Gas and Electric CompanyParamount Group, Inc.

San Francisco Electrical Contractors Assn., Inc.Unique Elevator Interiors, Inc.

Waxie Sanitary Supply

Bronze SponsorsBiagini Waste-Always Green

Cassidy TurleyDeutsche Asset & Wealth Management

Equity OfficeGeorgia-Pacific, LLC

Hathaway Dinwiddie Construction Co.Hudson Pacific Properties

ImparkMarble West

McMillan Electric Co.RiverRock Real Estate Group

Securitas Security Services USAShorenstein Realty Services, L.P.

The Swig Company, LLCTownship Building Services, Inc.

Friends of BOMAAmerican AsphaltBoston Properties

Capital Building MaintenanceCBF Electric &Tel/Data

Cole SupplyCTC-California Technical Contracting, Inc.

Cushman & Wakefield of CAGCI General Contractors

LAZ ParkingR.N. Field Construction, Inc.

Rossi Builders, Inc.The Lawson Roofing Co. Inc.

ThyssenKrupp Elevator CorporationTranswesternWilson Meany

Young Communications

Thanks to BOMA San Francisco’s 2014 Corporate Sponsors*

*For sponsorship opportunities, please contact Tory Brubaker at toryb@BOMA.com

Face-to-Face Meetings Are Best

(Continued on page 14)

www.level3.com

hrough innovative engineering and testing, Allegion’s premier exit device brand, Von Duprin, has developed a new Accessible (AX) option that is UL certified to meet the recently

introduced 5 pound maximum operating force requirements according to California Building Code section 11B-309.4.

The 2013 California Building Code contains a change to section 11B that specifically impacts door hardware. This change, set forth by the Division of State Architects, aims to increase building accessibility by limiting the force required to activate operable parts.

If you refer to Section 11B-404.27 it reads:“Handles, pulls, latches, locks, and other operable parts on doors and gates shall comply with Section 11B-309.4.”Section 11B-309.4 reads:“Operable parts shall be operable with one hand and shall not require tight grasping, pinching, or twisting of the wrist.

The force required to activate operable parts shall be 5 pounds (22.2N) maximum.”

Code Change Impacts Exit DevicesThis change uniquely impacts exit devices. Previously, the maximum operating force for exit devices was 15 pounds.

In order to comply with the changes in California’s Building Code, Von Duprin had to engineer a solution that would provide the desired level of accessibility without compromising quality, security, or safety.

Through engineering and testing, Von Duprin has developed a new Accessible (AX) option that is UL certified to meet the maximum 5-pound operating force requirements according to California Building Code section 11B-309.4.

UL Certification was achieved through testing the force required to operate the AX product in three different locations on the push pad. The testing was done both before and after 100,000 cycles to ensure the AX product repeatedly met the less than 5-pound requirements. This certification allows Von Duprin to specifically state on the UL label that the product “Meets California Building Code (2013) Sec. 11B-309.4.” In addition to the UL testing, the AX devices were held to the same ANSI/BHMA standards, security testing, and impact tests that every Von Duprin device is subject to.

This AX option is available for the Von Duprin 98/99, 22, and 33A/35A series in a variety of device types and functions.

4

Von Duprin AX: The first UL certified exit device to meet the new California Building Code Operating Force requirement

The Von Duprin AX exit device meets new codes.

To learn more about the change to California’s Building Code and Von Duprin’s AX devices please

contact your local Allegion representative, visit ax.allegion.com or call 1-888-925-4359.

Allegion Debuts AX Device

T

www.onecallnow.com

As the Regional Sales Manager for Recology, San Francisco’s recycling company, Stefanie Medious helps implement the Zero Waste Program, which aims to recycle and compost most discards and send almost nothing to landfill.

“Recology provides direct assistance in helping BOMA members implement their recycling programs. We help property managers determine their options and get the tools they need to set up zero waste programs,” says Medious. “Our team offers free recycling audits and has helped numerous BOMA members significantly improve their recycling rates.”

During her eight years as a BOMA member, she notices that the perception of “green” has evolved in the commercial real estate community. “Commercial property managers in San Francisco really embrace recycling. Property managers are more environmentally conscious, and they are now recycling most of their waste. One of the best examples of progress is the compost collection program. In 2006, there were still a lot of compostable materials in the garbage at skyscrapers. Now all properties participate in the compost program.”

Recology has been a strong ally of BOMA San Francisco, supporting all BOMA functions and participating on multiple committees. “We also help coordinate award programs that recognize BOMA members for implementing environmental initiatives including improved recycling and compost programs,” says Medious.

As chair of the BOMA San Francisco Member Services Committee, she works closely with new members: “I enjoy networking and helping people learn about and connect with services and programs that help meet their business needs.”

What does she do during her downtime? “I love to travel with my husband, Will, and take long walks. And I also enjoy cooking and hosting dinner parties and chilling out with our two dogs Cookie and Bella.”

Medious enjoys traveling and attending events with her husband, Will.

Principal Member ProfilePreston Richards, RPA, FMA, LEED GAProperty Manager, Cushman & Wakefield

Property Manager Preston Richards oversees many sustainable innovations and introduces features that cater to tech-savvy tenants in the two SOMA buildings he manages.

“I notice that tech tenants gravitate toward an environmentally sustainable way of life,” says Richards. “As part of the best building challenge, we are striving to reduce our waste, water, and power usage by 20 percent in 2014. 650 Townsend achieved LEED EBOM Gold certification in 2013. We installed a water-cooled magnetic centrifugal pony chiller in 2014 while phasing in direct digital control building automation system upgrades. 2 Bryant Street is undergoing a LEED CI Platinum build-out with plans to incorporate a rooftop photo-voltaic system.”

He observes that tenant build-outs are unique and promote a collaborative work environ-ment. Some of the buildings’ new amenities include indoor wall-mounted bicycle parking, electric car charging stations, video games, and provisions for tenants to bring their dogs to work.

“However, aside from a more business-casual attire, I’ve experienced more similarities than differences between tech tenants and more traditional businesses,” he adds.

Richards has been active in BOMA San Francisco since his days with the Young Profes-sionals, and now chairs the Codes Committee. “The experience and expertise I gain at each and every meeting is undeniable. It’s my way to stay informed and assist BOMA in taking a

stance.” His advice to young professionals? “Take advantage of all the educational offerings BOMA has to offer, network, earn your stripes, and have fun doing it.”

During his leisure time, Richards enjoys wakeboarding, snowboarding and dirt biking.

Richards enjoys sports, especially snowboarding.

6

Associate Member Profile Stefanie MediousRegional Sales Manager, Recology

Members on the Move

Construction Clean-UpPressure WashingHigh-Rise Window Washing

650-588-9808www.CAPITALBLDG.com

7

Fast Cloud AccessNo Data Caps

Free SetupLocal Support

Fiberto your building

Call 415-778-5100

Michael Shum recently joined Jones Lang LaSalle as Property Manager for Post Montgomery Center. Previously he was part of the property management team at One Market Plaza. Michael is active with BOMA’s Careers in Real Estate Committee and currently serves as the committee’s Vice Chair.

Dale Tate joined Jones Lang LaSalle as General Manager, assuming responsibility for Pacific Place at 22 Fourth Street (Fourth and Market). Dale was formerly General Manager at the San Rafael Corporate Center for Seagate Properties. He is responsible for the operations of the 16-story, 435,000 square foot mixed-use property, which contains the Palomar Hotel, flagship stores for Old Navy, Levi’s and the Container Store, as well as 200,000 square feet of office space and a large public parking garage.

Kilroy Realty’s Brooke Barnecut has been promoted to Property Manager of 201 Third Street. She joined Kilroy Realty Corporation in 2011 as a Property Coordinator and was promoted to Assistant Property Manager in 2012. In that role she assisted with transition-ing the property from a Class B

office building to a Class A office building. Brooke serves on BOMA’s Young Professionals Steering Committee.

Jose Guevara joined American Assets Trust as a Senior Property Manager, assuming responsibility for the historic Landmark @ One Market building, which will celebrate its 100th anniversary in 2017. He was formerly Property Manager at Cushman & Wakefield’s Post Montgomery Center.

Dennis Rosario has joined The Swig Company as Vice President, Asset Management assuming responsibility for asset management, property operations, acquisition due diligence and transitions. Dennis was formerly a Director of Asset Services in Northern California with CBRE.

Send your personnel changes for Members on the Move to Tory Brubaker at toryb@BOMA.com.

8

7 Reasons Why It’s Lucky To Use Union CarpentersTraining. Union carpenters receive four years of classroom and on-the-job training in the latest technologies and work methods ― from apprenticeships through advanced skills training. And

they work systematically with other highly skilled professionals.

1

Experience. Union carpenters

help contractors meet on-time schedules because they use state-of-the-art techniques and have the experience needed to be true partners in achieving project satisfaction.

3 Safety. Union

carpenters are trained to work safely, reducing accidents that can cause injuries or death, create delays, cause property damage and increase insurance costs.

4

Effi ciency. Union carpenters can save money and time for contractors when

they are properly trained to complete jobs without time-consuming supervision or costly remedial activity.

5 Sustainability. Union carpenters are trained to practice sustainability.

Because they perform effi ciently, they generate less waste on the job.

6

Values. Union carpenters have great community values. They are committed to supporting the construction of necessary infrastructure, aff ordable housing and

transportation that keeps local economies prosperous and adds value to people’s lives.

7

Quality. Union carpenters’ quality education ensures that they perform effi ciently and understand how

to complete projects as designed...and on time. Hiring trained carpenters is a wise investment that results in cost savings on your projects.

2

Are union carpenters working in your building or on your projects? In addition to work normally associated with carpentry, carpenters perform many tasks

such as drywall installation, lathing, millwright, pile driving, hardwood fl oor and furniture

installation, trim, door and hardware installation, garage and overhead door work, panel

installation, signage and wall hangings and the installation of window treatments.

To learn more about union carpenters, call 510.568.4788 or visit www.NCCRC.org

9

� Environmentally safer buildings with no on-site fuels or chemicals

� Lower operating costs with no capital expense for NOx boiler retrofits

� Reliable 24-hour staffing by district energy professionals

To partner with us, contact our local EnergyCenter at 415.644.9666.

www.nrgthermal.com

NRG Energy Center San Francisco delivers environmentally sound,energy-efficient heating to downtown buildings.

Share the Clean Energy Experience

The benefits include:

Tuesday, September 16 • 4:00 –7:00 PMThe City Club of San Francisco • The Grand Salon, 9th Floor

155 Sansome Street, San Francisco

BOMA San Francisco’s Young Professionals Steering Committee invites members with 0-7 years of

commercial real estate industry experience.

BOMAYP Annual Leadership Roundtable: “Cultivating Creativity”

For more information, visit www.bomasf.org (calendar page)

10

California Wants to be Zero Net Energy by 2030...Metro Electric Can Get Your Building There

Title 24 is Already Here...Let Our Experience Bring You Up to Code

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To learn more about our energy-efficient solutions,

contact us at 415.642.3000 or visit www.metroeletric.com

Metropolitan Electric

11

Title 24: Higher Costs, Headaches…and Opportunities

SFECA electrical contractors continually raise the standards of craftsmanship, safety,

productivity, innovation and value.

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Electrical Expertise

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In its efforts to keep members up to date with changes in laws and regulations, BOMA San Francisco has sponsored several educational sessions about the impact of California Title 24. Here are some comments from programs and interviews:

Ken Cleaveland, Vice President, Public Policy, BOMA San Francisco: “Title 24 energy efficiency code changes will dramati-cally increase potential costs to all tenants and owners who build or renovate commer-cial properties and interior tenant spaces. Of course, the intent is to reduce energy con-sumption, which should theoretically reduce your energy bills but that remains to be seen. California is again leading the nation in cutting consumption of energy through new regulations and …mandates.”

Kimberly A. Huangfu, attorney, BuchalterNemer: “As California strives to achieve net-zero energy consumption, these energy efficiency driven regulations will continue to ramp up with subsequent updates to the latest round of Title 24 updates. In consideration of potentially sig-nificant Title 24 compliance costs, these non-voluntary regulations should prompt commercial building owners, brokers, property managers, and tenants alike to take a deeper look at how to effectively negotiate and allocate compliance costs in purchase and sale agreements, letters of intent, and leases.”

Jé Kepler-Korn, Senior Account Executive–San Francisco Commercial Properties, Energy Management and Service | SIEMENS Industry, Inc: “New Title 24 requirements will change the way we deliver our improve-ments, run our buildings, and the way tenants interact with their environment. With communication, education, and well thought out standards Title 24 will make our

buildings smarter, healthier, and provide greater long-term value to owners and tenants alike.”

Lyn Gomes, P.E., LEED AP, commissioning agent, kW Engineering: “Acceptance testing may be implemented unevenly by building depart-ments. Choosing not to perform acceptance testing puts the owner and general contractor at risk of delays at a move-in, a critical time. When performed correctly, acceptance testing can pay for itself in as little as two years.”

For more information on the impact of Title 24, visit www.bomasf.org

State regulations now in effect with Title 24 are dramatically changing codes that affect buildings operations.

12

Your commercialIPM/Green/LEED specialists

Cranewelcomes fellowBOMA members

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easily than skyscrapers. Lower-rise buildings can produce much more energy with solar arrays than high-rise buildings which have much less roof space and many more floors operate.

Van der Linden said, “Today people hold property longer, so the payback is better than selling (buildings) after three years.”

Turnbull said “Occupants prefer ZNE spaces. People really like high-performing buildings.”

DPR has been a leader in the drive toward ZNE in 2030. Its own offices have become show-cases for sustainability, with solar roofs, ceiling fans and daylighting designs that illuminate work-spaces with natural sunlight through windows. “Our Big Ass Fans on one floor use less energy than our ice machines,” said van der Linden.

Macko, noting the challenges faced by taller buildings, said the largest ZNE building so far is six stories high.

Macko and others listed numerous strategies than buildings can use to move toward ZNE. Turnbull, for instance, said, “We know you can have great lighting that people like at 75% less ener-gy.” About 25% of a build-ing’s energy is devoted to lighting, so significant savings can be achieved by daylight-ing and other methods.

Features the panel said can reduce a building’s ener-gy use: building dashboards showing energy consumption,

operable windows, “vampire switch” (powering down facility), BMS controls, daylight controls, LED lighting, electrochromic glass and solar chimneys.

(The full slide show is available at www.bomasf.org)

Zero Net Energy (Continued from page 1)

Call us for details and design assistance

Conservation Mechanical Systems, Inc.

510.741.9100 • www.ConservationMechSys.com

Fluid TechnologyIntegrated VariableFlow Pump Control

Cooling Towers andWater TreatmentOSHPD Certified

Centrifugal ChillersOil-Free Magnetic Bearing Technology

Features the panel said can reduce a building’s energy use: build-ing dashboards showing energy

consumption, operable windows, “vampire switch” (powering down facility), BMS controls, daylight controls, LED lighting, electro-

chromic glass and solar chimneys.

13

Why You Should Try For A TOBYThere are at least three big reasons why you should

enter your building in The Outstanding Building of the Year contest.

1) If your building wins a TOBY, it could get recognition as an “outstanding” building for tenants — on the local, regional or even national level.

2) The whole building team involved with helping your building win a TOBY will achieve career recogni-tion that will personally benefit each person involved.

3) Even if you don’t win anything, the entry process alone will improve the way you run your building—and that will yield downstream economic rewards.

In fact, there is no downside to entering the TOBY—unless you don’t enter. Then you wouldn’t achieve any of the benefits described above.

The Bay Area TOBY Awards bring together mem-bers of BOMA San Francisco and BOMA Oakland/East Bay to celebrate our great properties here in Northern California.

Karen Cowan, Chair–Awards Committee, BOMA Oakland/East Bay, says, “Winning TOBY is the pinnacle of achievement in commercial real estate. It exemplifies strong management team collaboration, a sound sense of community, a vital commitment to sustainability and educational development of building management personnel which ultimately creates greater value of the asset.”

Marc Intermaggio, Executive Vice President, BOMA San Francisco, adds, “The TOBY recognizes excellence in building management, so it isn’t a beauty contest! Winning a TOBY is a great testament to the

management team and a great marketing tool for prospective tenants.”

The Outstanding Building of the Year (TOBY) Awards are the most prestigious and comprehensive programs of their kind in the commercial real estate industry, recognizing quality in buildings and reward-ing excellence in building management. The Bay Area TOBYs Gala is Feb. 12, 2015. After a win at the local level, buildings move on to the Pacific Southwest Region to compete against other buildings for the coveted honor of moving on to International. There are 15 categories, so every building has a place to compete. Please visit www.bomaoeb.org/bayareatoby for more information.

The above quantification of economic activity, property and transfer taxes that office buildings generate for local municipalities is not exhaustive. If you’re building in San Francisco, you’ll pay a Transit Impact Development Fee of $13.30 psf; a Jobs Housing Linkage Fee of $24.03 psf; a Public Art fee of at least 1% of your construction cost; and an Open Space fee that has created a total of 82 privately owned public open spaces—known in Planning Department parlance as POPOS.

Peter Linneman of Linneman Associates once stated that “Commercial real estate exists to service the economy and society. That’s all we do.” Perhaps if legislators, regulators, planning officials and community activists better understood this principle, more rational policies would be put into place to facilitate commercial building, and our communities would benefit even more.

Marc Intermaggio, CAE, is the Executive Vice President of BOMA San Francisco.

The Last Word (Continued from back page)

TOBY Workshop • September 4

Lean about the TOBY contest and the ways your property can win at this

soup-to-nuts workshop. Presenters will answer your questions so that you have

a chance to win at the local level.

RSVP: 415.362.2662 x110 oradmin@boma.com

9:30 – 11 a.m.The Landmark @ One Market

One Market Street, San Francisco

This year, the BOMA International political action commit-

tee recognized BOMA SF as a top contributor. (Thanks to

way too many members to mention, but shout-outs are

in order for Ken Cleaveland and John Bozeman for great

staff service.) Congratulations to everyone who supported

us! And remember, without PAC contributions, our impact

is limited.

Other things to know about attending the conference

next year is that you can earn continuing education

credits for your RPA and LEED AP. There are also lots of

opportunities

to meet your

colleagues

from out of

state and learn

how others

handle

common

challenges.

Since next

year’s confer-

ence is in L.A

and budget

season is just

starting, I think

that we can all

agree that you

can’t miss this one. Did I mention that I won $1,000 on the

convention hall this year? Maybe you should go for a run

and have an “ah ha” moment between classes, committee

meetings and conference hall events. See you in L.A.!

14

Views is published quarterly by BOMA San Francisco.Associate Publisher: Tory BrubakerEditor: Henry EasonAd and Art Director: Ellen EasonEason Communications LLC

About BOMA VIEWS

To advertise, contact: Ellen Eason at 415.596.9466 or ellen@easoncom.com

(Continued from page 2)President’s Column

Reach Your Targets with BOMA Views

BOMA Views offers a unique opportunity for

you to reach decision-makers who buy or

influence purchases of products and services

like yours. There are two ways you can tell

your story to this targeted audience.

A display ad showcases the benefits of your

products or services. In addition, you may

demonstrate the value you deliver through a

sponsored report. Presented in an article

format, these are very persuasive. And you can

use them in your own marketing and promo-

tion—both print and online. Telling prospects

how your company’s services or products ben-

efit them—using statistics, photos, graphics,

charts and testimonials—is the most effective way to increase sales.

BOMA Views is mailed to BOMA members and distributed at events. In addi-

tion, the digital version is emailed and hosted on the BOMA website. As you

plan your marketing for 2015, consider advertising in BOMA Views. To learn

more, contact Ellen Eason at 415.596.9466 or ellen@easoncom.com

Upcoming EventsDon’t miss these BOMA

events. Visit www.bomasf.org and click on the Calendar tab

for the complete calendar.

Membership Luncheons

General Membership Networking Events

Young ProfessionalsNetworking Events

Sept. 18 Oct. 23*

Nov. 20

* Annual Meeting/ Member Awards Luncheon

Sept. 22 – 60th Annual Elmer Johnson Golf Tournament

Nov. 6 – un-Oktoberfest

Dec. 4 – Annual Holiday Party

Oct. 9 – Annual Boat Cruise

Ken Cleaveland, BOMA SF Vice President, with BOMA SF President Sarah MacIntyre

at the conference.

15

Photo at left: Kilroy Team with intern Marina Ayad (at right). Photo at right: Blake Peterson and intern Rochelle Viencio. Cover photo: intern Nhu Tran with John Updike, City and County of San Francisco.

BOMA’s Workforce Development Initiative Is Producing Impressive Results:

Delivering on a promise made at BOMA’s Centennial event in 2011, the Association launched an exciting new program by the fall of 2012 to attract and train new commercial real estate industry employees. Designed to provide career opportunities to young people while ensuring industry sustainability as our “boomer” work-force retires, BOMA teamed up with San Francisco State University to produce new curricula that is preparing students for their first jobs within our industry’s many

disciplines. If your company has ever been challenged with finding and keeping top-quality talent, this program mer-its your support!

BOMA’s program enables students to achieve a B.S. in Business Administration with a Concentration in Finance and a Certificate in Commercial Real Estate. To date, 21 students have earned the Certificate, with another 45 students completing at least half of the required classes by the end of spring semester. All Certificate classes are at capacity each semester, with 40 students enrolled in each relevant class and a waitlist for each. Interest is growing, with more students expressing interest in the Commercial Real Estate Certificate program each semester.

Interns Provide Value to EmployersA dozen students participated in BOMA’s first summer

internship series, with member companies already hiring six students out of the program! “It was easy to access the pool of qualified candidates, and SFSU went out of their way to find someone that was a good fit for us” said

Jeff Eichenfield with The Presidio Trust. “It was a very simple process to ini-tiate, interview, and make a selection; both candi-dates were engaged and eager to learn,” said John Updike, director of real estate for The City and County of San Francisco.

Student interns uni-formly expressed appre-ciation for the “real life” industry experience away from the classroom. Said one: “The learning expe-rience has been phenom-enal. They have thrown a lot at me but I enjoy the challenge and appreciate their trust in my skills. I help out with all activities related to our property management department such as lease abstraction. I am also meeting with vendors and gathering bids for projects. I find myself doing a little bit of every-thing—whatever my team needs, which I truly enjoy. I look forward to when my schooling is done so I can really dig in and continue to expand on everything related to property management.”

Please Get InvolvedIf yours is not one of the dozen companies that

availed itself of our intern program this summer, please consider giving it a try. It’s a proven pipeline for new employees. Furthermore, while you’re drafting your 2015 budget or planning your own year-end 2014 charitable giving, please consider making a meaningful tax deduct-ible donation to the BOMA San Francisco Foundation. We’re a registered 501-c-3 charitable institution (Tax Identification #80-0757877). We fund professors teach-ing our Certificate classes, a career advisor for students enrolled in our program, and student scholarships. Invest in our future success!

Program with SFSU Benefits Students, Employers

The data come from BOMA International’s recent-ly updated report, “Where America Goes to Work: The Contribution of Office Building Operations to the Economy.” Stephen S. Fuller, PhD, Dwight Schar Faculty Chair, Professor, and Director, George Mason University Center for Regional Analysis, performed the research.

In San Francisco alone, secured commercial parcels account for an assessed value of $46.3 billion. More than half of that value, $25 billion, comes from office buildings. In FY 2013-14, local property taxes paid by the commercial office sector will amount to $1.17 billion.

Now, add in revenues generated for a municipality when a property sells. In San Francisco alone, property transfer taxes will generate $225 million in FY 2013-14. Since FY 1999-2000, property sales have generated more than $1.3 billion in revenue for the City!

BOMA San Francisco233 Sansome Street, 8th FloorSan Francisco, CA 94104-2134

415.362.2662www.bomasf.org

Commercial Property Development Strengthens Our Communities

Printed on recycled paper.

PRSRT STDUS Postage

PAIDOakland CA

Permit No. 3729

The Last Word: Marc Intermaggio

The numbers are impressive! Commercial office build-ings in our region comprise more than 238 million square feet of rentable space. Consider the number of jobs housed and the volume of economic activity generated within that space. Our industry is a very significant contributor to the area’s economic engine. In 2013, the office building industry generated $5.3 billion within San Mateo, San Francisco, Marin, Sonoma, Napa, Alameda, Contra Costa and Santa Clara counties. That’s the total annual expendi-ture for S.F. Bay regional office building operations.

We’re also supporting more than 40,000 jobs. This is reflective of the indirect employment impact of total office building operating expenditures. Jobs supported by these expenditures for building operations include those in businesses benefiting from payroll spending which tend to be local and focus on consumer goods and services, as well as jobs involved in producing and transporting materials used to clean and repair office buildings. These jobs generated are in addition to the direct, on-site employ-ment that operates and services office buildings.

And what do we spend to maintain our office prop-erties? Nearly $2 ½ billion—annually. These operating expenditures produce new personal earnings (wages and salaries) for workers of more than $1.7 billion according to 2013 data. Talk about cash flow!

Bay Area Office Building Industry...

Generates $5.3 billion in buildings operations

Supports >40,000 jobs

Produces >$1.7 billion in wages

Comprises >$238 million s.f. rentable space

(Continued on page 13)