Past Events


Sept. 12: Integrated Project Delivery Program

On Wednesday, September 12, CoreNet Philadelphia attracted 50 attendees to the offices of the PennFIRST team at Penn Medicine in University City. The PennFIRST team, comprised of HDR, Foster+Partners, BR+A, L.F. Driscoll and Balfour Beatty, is a co-located team driving a collective delivery of a highly innovative healthcare facility supporting patients, clinicians, researchers and faculty of Penn Medicine. The Pavilion’s construction is underway, adjacent to the Hospital of University of Pennsylvania (HUP) and will house more than 500 patient rooms, structured parking and dozens of operating rooms in 1.5 million square feet.

The team explained the Integrated Project Delivery (IPD) model under which it operates and how that model aligns objectives and supports their desire to build a facility meant to serve generations of Delaware Valley citizens for the next hundred years.The team explained the Integrated Project Delivery (IPD) model under which it operates and how that model aligns objectives and supports their desire to build a facility meant to serve generations of Delaware Valley citizens for the next hundred years.

The audience was so engaged and interested in the discussion that question time ran over. The meeting was followed by a tour of the mock-up operating rooms and models housed at PennFIRST’s offices. CoreNet is deeply appreciative to the speakers for their willingness to share best practices for the IPD model with an enthusiastic audience: Stephen Greulich, Senior Project Manager, Penn Medicine; Derek Tasch, Associate Partner at Foster+Partners, Ed Hanzel, Project Executive at LF Driscoll/Balfour Beatty, and; Daryl Bodewin, Principal, HDR.


August 16: Trolley Tour
The CoreNet Education and Young Leaders Committees were pleased to host a sold out Trolley Tour through the streets of Philadelphia on Thursday, August 16th.  The tour consisted of four stops with projects ranging from the new tenant fit outs at Five Below and Tierney to discussions on redevelopment projects at 2400 Market Street and 990 Spring Garden.  These behind the scenes tours were educational with valuable insights from the professionals leading the projects as well as an excellent and fun networking opportunity.  Attendees with varying backgrounds within the industry, including end users, brokers, architectural/engineering, construction and vendors, came together to tour some of Philadelphia’s new and exciting projects!

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January 24, 2018 Winter Social
The holiday festivities continued into January with the CoreNet Winter Social.  Close to 100 industry professionals were able to take look at 1735 Market Street’s brand-new amenity floor, The Lounge, designed by Meyer Design.  Attendees enjoyed a game of pool, incredible Center City views, an array of delectable cuisine, and good conversation.  Special guest, Harold Barrow from ACHIEVEability, shared his heroic story of overcoming addiction and and homelessness turning his life around to provide for his young daughter.  In many ways, he owes his success to this organization, which is CoreNet’s new, charitable organization partner for 2018. To learn more, please visit Thank you to all of those who brought donations to the event and thank you to our event sponsors Focal Point Project Management, Macro Consultants, Meyer Design, and Spectrum.

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November 20, 2017 Transformation of Buildings
The University Relations committee hosted an enlightening panel discussion, Transforming Real Estate, based around embracing the wellness movement and challenging the typical approach to design and development.  Mark Strauss, Strategic Advisor for IWBI/WELL passionately led the discussion.  Mark was joined by Martha MacInnis, Design Director at TD Bank Group, James Stawniczy, Senior Consultant, Wellness at HOK, Tony Ewing, Vice President at Liberty Property Trust and Carlo Beuf, Director of AV, Cenero. 

The accomplished panelists champion wellness and sustainability within their organizations.  Martha MacInnis and her team at TD Bank Group along with James and designers at HOK are responsible for completing the very first WELL Certified Project in Toronto.  Tony Ewing provided pointed insight into the future of development and leasing with organizations like TD Bank investing in the overall wellbeing of their employees.  Carlo rounded out the discussion with the realities of working with clients long term whose primary focus is the employee experience. 

Drexel University hosted this event at the URBN Center Annex with a cocktail reception preceding the panel discussion.  The crowd of over 75 comprised of local students pursuing degrees in design and real estate, professors, and local professionals.   The conversation concluded with Mark prompting the crowd to consider how we can all better educate and inspire our clients, tenants, and financial interests in terms of designing and building for positive human WELL being and Health.     

2017 Mentor Series
The diverse panel of mentors we had brought together different views from their perspective specialty allowing the mentees to understand the cycle of a real estate transaction from start to finish. The final event of the 3-part series allowed for break out sessions with small groups to allow for dialogue very pertinent to the process and understanding a lot about real estate in the future. Thank you to all our mentors and mentees who attended this year!

Our mentors include:

Nathan Barnes, Director of Real Estate, Penske

Kai Olsen, Senior Associate – Senior Project Designer, HOK

Steve Rush, Vice President – Leasing, Brandywine Realty Trust

Jennifer Starbuck, Senior Vice President, JLL

August 17,2017 Trolley Tour
The Philadelphia Chapter held their inaugural sold out Office Space Trolley Tour on August 17. It was a nice summer day and attendees were able to network between stops. The trolley made stops at the recently completed projects of American Bible Society at 401 Market Street, Philadelphia Health Management Corporation at Centre Square, the new Comcast tower under development and NASDAQ at FMC Tower. The stops included walkthroughs of the spaces, as well as presentations from key project leaders discussing the design, construction process, and the notable achievements as well as their biggest challenges. A special thank you to our sponsors Structure Tone, HOK, and L2 Partridge. We hope to make this an annual event.  

June 28, 2017 Philabundance

On Wednesday, June 28, 2017, 13 members of CoreNet’s Philadelphia Chapter volunteered at the Philabundance Hunger Relief Center in South Philadelphia.  The group assisted in filling approximately 330 care packages of food for distribution to senior citizens in the area.  Thank you to all who participated!


 1.25.17 Winter Social

January 25,2017: Post Holiday Party

Over 80 real estate industry professionals kicked off 2017 during a lively evening at the Philadelphia Chapter Post Holiday Party at The Dream Garden at The Curtis on January 25. It was well attended by both members and non-members from end user and service provider companies. The highlight of the evening was the grand dinner display provided by Cescaphe Event Group. The menu included a full dinner selection from Asian inspired cuisine to Italian bites, and of course an open bar. All extra food was donated to the Philadelphia Homeless Community through Cescaphe’s donation program. Now that our winter social event is over, we hope you are “thinking spring” and looking forward to our Summer Social in June. Details will be announced soon!


2016 Mentor Series

The Young Leaders concluded its four-part mentor series at the end of October with a spirited discussion on the Future of Real Estate. The four mentors provided valuable insight on how their respective worlds are evolving and were also keen to understand the individual views of the mentees in attendance. The diverse audience of service providers and end users produced both complementary and opposing views which allowed all participants to learn more about the respective industries that influence the Philadelphia and global real estate markets. This event was a fitting capstone to the yearlong mentor series and has the mentees poised for a successful 2017.

Our mentors include:

Lea Ann Molineux, Verizon Global Real Estate

Mark Golboro,AIG Global Real Estate

David Kontra, GE Real Estate Operations

David Duncan, Towers Watson Real Estate


October 27: Change and Relocation Event

The Young Leaders and University Relations co-hosted an engaging panel discussion focused on “Change and Relocation Management in an Evolving Workplace”. The event was held at UPenn with a crowd that filled every seat in the room.  The event was attended by real estate professionals and local university students. The distinguished panel was composed of end users who have recently completed or are in the process of completing large scale relocations in one of Philadelphia’s newest developments. The discussion presented an array of opinions, insights and lessons learned that was educating to both attendees and panelists alike. The panel consisted of Vince Carango from FMC, Raymond Mays and Michael Sobocienski from NASDAQ and Ray Milora from GSK. The discussion was moderated by Jennifer Starbuck from JLL. 


September 7: University City's Changing Skyline and Public Spaces

 On September 7th close to 75 CoreNet Global Philadelphia Chapter members and guests came together at Quorum at the University City Science Center in Philadelphia to hear from the major players that are transforming and changing University City's Skyline. The event was further highlighted with an open Q&A and refreshments. Special thank you to our venue sponsor, Wexford and our event sponsors, Cushman & Wakefield and Newmark Grubb Knight Frank.

Speakers include:
Moderator: Jim Egan, Newmark Grubb Knight Frank
Andrew Stober, Vice President of Planning & Economic Development, University City District
Stephen Rush, Vice President, Leasing, Brandywine Realty Trust
Joe Reagan, Vice President of Development, Wexford Science + Technology
     July 25: Llanerch Country Club Hosts Annual Golf Outing

On July 25, it was a hot and sunny day at Llanerch Country Club for the sold out CoreNet/NAIOP Annual Golf Outing. With over 140 attendees, we had a mix of both avid and beginner golfers. For the avid golfers, the climb to the first place trophies was competitive. Congratulations to the winning foursome, Phil Burkett of Meyer Design, Mark Hughes of TD Bank, Derek Loux of Excel Communications, and Jay Messina of RMF Engineering. All guests enjoyed cocktails on the terrace watching the putting contest on the 18th hole. For beginner golfers, CoreNet and NAIOP offered a golf clinic taught by a local golf pro in lieu of playing in a foursome. Everyone enjoyed dinner, drinks, and raffles in the air conditioned ball room to end the evening
    June 9: Annual Summer Social

The Philadelphia Chapter held their annual Summer Social on June 9th and for once mother nature was on our side. The weather was great, the cocktails were flowing, and the location was the talk of the evening. The event was held at the trendy 3601 Market in University City, with over 85 guests in attendance. A special thank you to Wexford Science and Technology and Southern Land Company for allowing us to host our event in this innovative space. The highlight of the evening was our Best Dressed contest. Candace Spence of HOK and Christian Dyer of CBRE took home the winning prizes. 

Thank you to our Event Sponsors:

 Gardner Fox, Jacobs, Spectrum, and Strada


May 5: New Member Webinar

On May 5th close to 75 participants tuned in to the chapter’s first-ever webinar, “Why CoreNet?… Give Us 20 Minutes to Find Out!” During this virtual Lunch 'n Learn event attendees took 20 minutes out of their busy schedules to explore what the chapter has to offer. The Chapter President, Chuck Bagocius, along with several committee volunteers spoke about chapter involvement and how to stay connected with industry partners, colleagues and friends. The presentation was broadcast live via Skype from Microsoft's Technology Center in Malvern, PA.


 April 12: Internet of Things & How It Affects Real Estate

John “Smarty” Smart, from IBM Analytics presented at CoreNet’s latest educational event on April 12th at the Philadelphia Chamber of Commerce’s newly renovated conference center. Smarty astounded the audience with the profound impact that the Internet of Things will have on the built environment around us and the disruption it has already created in our industry. We learned of a world where everything will become interconnected and technology will interact with our environment and analyze the way in which we interact with our surroundings. It will become a world in which technological interfaces will be woven so deeply into our daily lives that the technology can begin to anticipate our needs. All of this, we learned, can be harnessed and utilized in our industry for a multitude of goals including increased operational performance, increased customer engagement and experience, creation of new products and business models, and advanced sustainability to name a few. The presentation was full of interesting and innovative ideas and we look forward to seeing Smarty again when he’s back in Philly to present one of the breakout sessions for CoreNet’s Global Summit in October.


November 12: Young Leaders Lunch and Learn

What a successful turnout for the Corenet Young Leaders as Villanova hosted one of the most popular young leader events to date. Highlighting the effects millennials have on the retail landscape, C-Suite executives from Comcast, Saxby's, and Insomnia Cookies made up the dynamic panel, while host Ian Anderson from CBRE added a sense of humor, engagement, and genuine discussion. The event was well received by CoreNet members, students, and faculty alike. In addition, most participants got a chance for some one-on-one discussion with several of the speakers before and after the event.


October 23: Outward Bound Building Adventure

The CoreNet Philadelphia Chapter’s rappel team met its $20,000 fundraising goal for this year’s Outward Bound Building Adventure on Friday, October 23rd. All of the funds raised will help the Philadelphia Outward Bound School provide scholarships for underserved Philadelphia area public and charter school students.

Congratulations to our team members for successfully completing the challenge. Not only did they meet their fundraising goal, but they each rappelled down the side of One Logan Square -- 31 stories and over 400 feet! 


October 6: Annual Sponsor Appreciation Reception

On Tuesday, October 6th the CoreNet Global Philadelphia Chapter hosted its annual Sponsor Appreciation Reception at the Pyramid Club. Over 25 guests, comprised of Corporate End Users, Board Members, representatives from the 16 annual sponsor companies and potential new sponsors for 2016 enjoyed delicious food and drinks while taking in the fabulous views overlooking Philadelphia.

Chapter President, Irene Sosnowski with Cigna, thanked everyone for their participation, highlighted the great benefits that come along with being a chapter sponsor and encouraged all to participate in the 2016 sponsor program.

     September 15: How Technology Is Creating the Office of the Future?

On September 15th CoreNet members and guests attended a sold out presentation and tour of the Microsoft Technology Center. The “main event” was a presentation in the auditorium, with Tim Pash from Microsoft. He discussed Microsoft’s vision for the future and attendees saw some previews for upcoming products. We have heard much about the future of the workplace from architects and furniture vendors over the years, but this technology is what is enabling the transformation. The event also included a tour of the Microsoft Technology Center where guests were able to see some of the technology in action. Special thank you to MARS Drinks for sponsoring the breakfast.


July 27: CoreNet/NAIOP Golf Outing

On July 27, it was a beautiful day at Llanerch Country Club for the sold out CoreNet/NAIOP Annual Golf Outing. With over 140 attendees, we had a mix of both avid and beginner golfers. For the avid golfers, the climb to the first place trophies was competitive. Congratulations to our Low Gross Overall Foursome of Matt Davis, Seth DeForest, Josh Smargiassi, and Rick Giles all of CFI and Boomerang, and our Low Calloway Net Score Foursome of Matt Knowles with CBRE, Bob Dake of Brixmor, Troy Adams of NFI, and Paul Madarieta with Fresh Direct. All guests enjoyed cocktails on the terrace watching the nail biting finish of the putting contest on the 18th hole. For beginner golfers, CoreNet and NAIOP offered a golf clinic taught by a local golf pro in lieu of playing in a foursome. Everyone enjoyed dinner, drinks, and raffles in the air conditioned ball room to end the evening.

    June 23: Annual Summer Social

Everyone has heard the phrase, “When life gives you lemons, make lemonade,” well that is just what the Philadelphia Chapter did on June 23rd when a severe storm struck at our Annual Summer Social. Thunderstorms tore through the area blowing near-hurricane force winds, knocking down countless trees, and closing the road leading to the Philadelphia Country Club. Despite the storm, spirits were high with the more than 80 guests in attendance. The event offered tasty treats, cocktails and networking with peers. We have already put in our order for better weather next year! 
    May 9: Philabundance Volunteer Day

On May 9th members of the chapter’s Community Reinvestment Committee participated in the 2nd Annual Philabundance Volunteer Day. Committee members joined other volunteer groups at the Philabundance Hunger Relief Center to sort, stack and pack donated food to be distributed throughout the Greater Philadelphia area. The CoreNet team sorted and packed 6,885 pounds of food items in four hours. Philabundance provides food to approximately 65,000 people per week through their services and network of 500 member agencies including emergency food kitchens, cupboards, senior centers, and more. They serve low income residents at risk of hunger and malnutrition, of which 23% are children and 16% are senior citizens. 

A special thank you to McCausland Keen & Buckman, who donated t-shirts to commemorate the event. CoreNet Philadelphia is proud of the Community Reinvestment Committee’s participation and the impact they made during their day at the Philabundance Hunger Relief Center.
    March 24: Young Leader Lunch & Learn

The Young Leaders hosted their 2nd successful Lunch and Learn event on March 24th at the Cofco Showroom. The success of the event was due in large part to the contributions of our speakers, Peter Smith and Faye Tsakas of Delos, a Wellness Real Estate company.

Peter and Faye addressed the Wellness platform, which focuses on human sustainability by placing health at the center of design. They also discussed what goes into designing a Wellness building by addressing topics including technology, economic viability, and science. Additional information on the wellness initiative can be found on their website,

Click here to view the presentation slides.

    Feb. 26: Coworking - Collisions, Collaboration, Innovation

On February 26, CoreNet members and guests gathered at the hip co-working space, Benjamin's Desk, to discuss the concept of mobile working and the future impacts it will have on commercial real estate. Panelists included Anthony and Michael Maher, the co-founders of Benjamin's Desk, Ed O'Brien, the real estate director of Benjamin's Desk, and Debra Breslow, a Principal at Meyer, who is both an expert on mobile workers and a contributor to the design aesthetics of Benjamin's Desk. Many are predicting that the concept of mobile workers will continue to expand over the next five years. Companies need to consider how their real estate will accommodate mobile workers and where real estate savings could be achieved. The panel discussion engaged many of the audience members for a very enlightening conversation.

    Jan. 21, 2015: Post-Holiday Party

The Philadelphia Chapter of CoreNet Global once again hosted its annual Post Holiday Party on January 21st. It was a chance for members and guests throughout the tri-state area to celebrate the post-holiday season and ring in the new year. This year, the event was held at the recently renovated Union Trust building. The Center City Philadelphia site of the former Union Trust Company Bank, the location now hosts one of the region’s most reputable family run caterers, Finley Catering. With spectacular 65-foot illuminated and engraved vaulted ceilings and grand architecture throughout, the location made for a vibrant and rich atmosphere for the always popular social event. The mix of end-users and service provider attendees made for lively conversation and excellent networking throughout the night. Chapter President Gerry Guidice with TD Bank toasted the festivities and provided award and recognition to the evening’s many sponsors including lead sponsor CFI - The Knoll Source.

    Dec. 5: Open Work Plan

On December 5th, CoreNet members and guests ventured to suburban Philadelphia to see the new Mars Drinks Headquarters in West Chester, PA. The event featured an engaging dialogue between Tomi Lyle, P&O Global Director at Mars Drinks and Sue Thompson, Facility Manager at Koch Business Solutions.

Tomi and Sue shared their experiences of converting their workplaces from closed to open office space. David Biondolillo, FlexWorkPlace Lead at TD Bank moderated as Tomi and Sue decribed their positive experiences and the difficulties they faced. The Mars Drinks culture has responded well to their new open office concept, as they’ve embraced the open communication and collaboration. All attendees were given a full tour of the headquarters following the discussion. 
    Nov. 13: Young Leader Lunch & Learn

The first Young Leaders Lunch & Learn event was a sold out and packed house due to our esteemed presenters, David Lasus and Lauren Ladd of Insomnia Cookies. David and Lauren covered topics surrounding real estate strategy, leasing non-negotiables, overcoming obstacles in development, and the future of the brand. David also expanded on how he handles the company’s day to day operations ranging from marketing to customer experience.

The event was further highlighted with an open Q&A and free insomnia cookies. Stay tuned for the next Young Leaders Lunch and Learn slotted for February 2015.

    Oct. 24: Outward Bound Building Adventure

Thanks to your generous support, the CoreNet Philadelphia Chapter was this year’s top fundraising team at the Outward Bound Building Adventure event on October 24th! Collectively, our team raised $21,500! All of the funds raised will help the Philadelphia Outward Bound School provide scholarships for underserved Philadelphia area public and charter school students.

Congratulations to our team members for successfully completing the challenge. Not only did they far exceed their fundraising goal, but they each rappelled down the side of One Logan Square -- 31 stories and over 400 feet! 


Team Members include:

-Colin Fleming, Avison Young
-Emma Goda, Richard L. Hoffman & Associates
-Matt Knowles, CBRE/CoreNet Board Member
-Carolyn Lagermasini, CoreNet Philadelphia Chapter Administrator
-Joe McLoughlin, Commonwealth Land Title Insurance Co. (view Joe's rappel)
-Mei O'Neill, CoStar Group 
-Ed Piscopo, PECO/CoreNet Board Member
-Kelly Tornes, Blackney Hayes
-Ken Zirk, CBRE/ CoreNet Board Member

In addition, we'd like to extend a special thanks to the following sponsors for generously supporting our team…

Signature Sponsor:
McCausland, Keen & Buckman

Supporting Sponsors:
Blackney Hayes Architects
Concordis Advisors
Richard L. Hoffman & Associates

    Oct. 8: Sponsor Appreciation Reception

The CoreNet Global Philadelphia Chapter hosted a Sponsor Appreciation Reception at the Pyramid Club on October 8, 2014. Over 25 guests enjoyed delicious food and drinks while taking in the fabulous views overlooking Philadelphia. Many of the guests included Corporate End Users, Board Members and representatives from the 13 annual sponsor companies. Also in attendance were a number of potential new sponsors for 2015.

Ken Zirk with CBRE and Chair of the Sponsorship Committee thanked everyone for their participation, while Ed Piscopo with PECO and Executive Committee member, led the evening with all the guests sharing their insights on what “CoreNet Means to Me.”

It was truly a night of appreciation!  

    July 28: Annual Golf Outing 

On Monday, July 28, the CoreNet Global Philadelphia Chapter partnered with our friends at NAIOP for the Annual Golf Outing at the Green Valley Country Club in Lafayette Hill, PA. Not only did we sell the event out with 31 foursomes and 124 golfers, but the weather cooperated and gave us perfect late July temperatures that were cooler than usual which made for a delightful day. Birdies were hard to come by even with a deep pool of talented golfers and their foot wedges. At the end of the day fun, friendship and networking won and the difficult Green Valley course finished a distant second. Thank you to all of the sponsors who helped make this event possible. Additionally a special thank you to all of the volunteers who helped out during the registration and chipping contest throughout the day. The raffle prizes and chipping contest helped raise $1,925 for a great charity, Philadelphia Outward Bound school. Thank you to all of you who contributed and donated the raffle prizes. We hope to see you all again at next year’s golf outing!!

And the Winners are...

Raffle Prizes:
-Downtown Marriott (overnight stay and breakfast for two) – Rebecca Udell
-Marriott Courtyard at the Navy Yard (overnight stay) – John McCreavy
-Hotel Monaco (one night stay) – Angel DeElse
-Loews Philadelphia Hotel (overnight stay) – Miguel Baphista
-Green Valley Country Club (Foursome, lunch and an hour with the golf pro) – Todd Darlington
-Gesture Chair (courtesy of Steelcase) – Marc Policarpo
-Best Dressed Foursome – Matt Knowles, Brian Buzak, John Scheffey, Kevin Behnke

-Closest to the Pin (Men): Bob Voth 3’10”
-Closest to the Pin (Ladies): Andrea Lukens 35’4”
-Straightest Drive (Men): Brian Glancey
-Straightest Drive (Ladies): Angel DeElse
-Longest Drive (Men): Mike Hermann
-Longest Drive (Ladies): Angel DeElse
-Chipping Contest: Jim Dugan

Tournament Results:

Division 1
1st Place (64): Seth DeForest / Joshua Smargiassi / Matt Lang / Jim Ehret
2nd Place (64): Ed Piscopo / Todd Darlington / Jim Dugan / Tuong Huynh
3rd Place (68): Brian Cohen / Tony Nichols / Paul Touhey / Brian Smyth

Division 2
1st Place (65): Tim Kelly / Rob Risnychok / Dennis Durkin / Brian Glancey
2nd Place (67): Jim Vozar / Nick Hasapes / Byrne McLaughlin / Mike Fluehr
3rd Place (67): Mike Landes / Bob Voth / Tom Reusche / Herman Goldner

Division 3
1st Place (64): Matthew Knowles / Brian Bruzak / John Scheffey / Kevin Behnke
2nd Place (65): Jonathan Savage / Mark Celoni / Carl St. Pierre / Jamie Rash
3rd Place (67): Peter Corcoran / Matt Welsh / Rod Neary / Brian Hilger 

    June 28: Philabundance Volunteer Event

On Saturday, June 28th a team of CoreNet Philadelphia members came together at the Hunger Relief Center in South Philadelphia to represent the chapter while giving back to the community. Our Community Reinvestment Team, led by John Bullen with Comcast, manned the meat cooler with another group from “One Brick.” Together the two groups managed to pack 5,067 lbs of meat, all of which will help feed those in need. It was a very rewarding experience and a great forum to connect with some newer members. The chapter plans to make this an annual event. Special thanks goes out to Gary Marx for coordinating the effort. And finally, we would like to thank the following chapter volunteers:

Tona Berruecos (Bellia)
Lena Bonds (Qube Software—Intern)
John Bullen (Comcast)
Gary Marx (First Advantage)
Andrew Maguire (McCausland Keen & Buckman)
Marc Policarpo and his wife, Shaun (Binswanger) 
    June 3: Annual Summer Social

It was a perfect June evening - warm night, beautiful sunset, and cold drinks in hand at the Annual CoreNet Philadelphia Summer Social (aka White Party). The event, held at Hotel Monaco in Philadelphia, had more than 100 people across the real estate industry in attendance to celebrate the kickoff to summer 2014. Guests mingled with old and new friends while listening to live music and enjoying custom cocktails, which helped set the tone for the evening. Chapter President Gerry Guidice of TD Bank welcomed everyone, and thanked them for their continued support of the chapter. There will be many fun and educational events coming up throughout the summer season so stay tuned...

View event pictures
    Apr. 10: Service Provider Partnerships

On April 10, over 40 chapter members and guests gathered for a dynamic panel discussion between two end users and their trusted service providers. Yvonne Kwok, Senior Manager, Vendor Management Lead at TD Bank and Larry Valeriati, Regional Vice President of Corporate Accounts at Teknion, represented a high volume, quick cycle product relationship and Eric Stern, Esq at Morgan Lewis and Peter Talman, Executive Vice President at Jones Lang LaSalle represented a high dollar, service relationship.

While the relationships are very different, both sets of panelists keyed in on similar attributes that define a successful relationship in the real estate industry. Both sets of relationships are clearly built on trust. Once trust is established (and always maintained), the key to growing a relationship is innovation and the ability to grow ahead of your client.  

Eric Stern, Esq at Morgan Lewis stressed how important it is for his service provider real estate team to stay a few steps ahead of him – being on the forefront of design trends, market changes, and industry intelligence. His firm’s needs are never static, so he depends on his real estate team to seek him out with new strategies to consider instead of waiting to be called upon. Yvonne Kwok at TD Bank presented how she changed the vendor management process at TD Bank several years ago. Her system is based on the 4 P’s – people, performance, pricing, and process – and how the most successful service providers realize that companies and people change, and they are willing to grow and change with them. Larry Valeriati gave examples of how his team has grown with TD Bank through the years, including through mergers and acquisitions.

Joan Burrell, Director of Corporate Workplace at Ally Financial moderated the panel. She interwove her own questions with those from the audience. It was an interactive and insightful panel, regardless of whether you are an end user or a service provider. Thank you to Morgan Lewis for hosting our event.


       Mar. 5: Real Estate Cycle Theory & PECO 2014 Outlook

Once again, PECO and CoreNet held their annual Economic Outlook educational session at PECO’s headquarters in Center City Philadelphia. CoreNet’s Educational events aim to provide value to real estate professionals by highlighting current economic trends and the effects those trends have on the real estate market.

Ed Piscopo, Regional Director, Economic Development at PECO and Treasurer for the Philadelphia Chapter of CoreNet, kicked off the event with a chapter update. He was followed by Craig Adams, Executive Vice President, Exelon, and President and CEO of PECO. Craig provided information on the many weather related challenges that PECO faced this winter and its impact to our business community. 

The theme of this year’s Economic Outlook was Real Estate Cycle Theory, as outlined by Albert (Chip) Hughes, principal at A.R. Hughes & Company, a professional real estate appraisal firm serving the Tri-State area. 
Chip delivered an impressive array of market statistics, data analysis and forecasting strategy. He addressed recent internal and external market influences and how those influences could be used together with emotional influences and the significant effect they have on the real estate market as a key component when forecasting. Chip combined the understanding of these internal, external and emotional influences with classic economic theory (i.e. Smith, Keynes, Friedman) as well as modern theory (i.e. Greenspan, Bernanke) to lay out his predictions for future real estate market trends.

Chip focused on the mistakes typically made when predicting market trends such as the fact that economic theories hold until they do not hold. He further discussed why we spend a lot of time dissecting the last crisis, not the one in the making.  He also covered the fact that mathematical formulations require certain assumptive conditions which often prove false or unrealistic.  All of these faulty approaches lead to the continuation of the cycles which can be seen in the many major market corrections that have historically been made. These major market corrections date back to the 1700’s; however the instance of the corrections has increased in recent years, with 5 major market corrections coming since 1980. 

The event provided excellent takeaways that we can apply to our business portfolio as well as our personal investment outlook. Please stay tuned for our next Education event on April 10, 2014 focusing on Service Provider Partnerships. The event will kickoff at 5:30pm at Morgan Lewis LLP.  

Jan. 30: Post-Holiday Party

On Thursday, January 30th, CoreNet Philadelphia friends and colleagues toasted the New Year at the chapter's Annual Post-Holiday Party. This year's event was held at Positano Coast in Philadelphia where guests enjoyed great food, festive drinks and networking. Special thanks to our event sponsors: CFI - The Knoll Source and Morgan Lewis!

Click here to view the party pictures on flickr!

  Oct. 30: Program - Negotiate Like the Pros 

On Wednesday October 30th, CoreNet Philadelphia welcomed Ken Shropshire, an accomplished Attorney, Professor, Author and Consultant. Mr. Shropshire’s expertise is all legal and business aspects of professional sports. He offered a presentation on negotiating skills, based on his book, "Negotiate Like The Pros." The event was highlighted with an interactive session whereby everyone negotiated with their neighbor on what meal they would eat as their final meal. Additionally, the participants took a test to determine their negotiation style. The successful event was capped off with all of the participants taking home a copy of Mr. Shropshire’s book.
    Oct. 18: Outward Bound Building Adventure Fundraiser

Thanks to your generous support, we reached our goal for Outward Bound's "Building Adventure" fundraiser. On Friday, October 18th our chapter sent a team of FIVE brave members over the side of One Logan Square in Philadelphia. Each person rappelled 31 stories (over 400 feet)! Team members included John Bullen (Comcast), Ed Piscopo (PECO), David Fahey (Avison Young), Lisa Westerfield, and our own Executive Director, Carolyn Lagermasini. 

We are so proud of our team who collectively raised $8,855. In addition, we'd like to thank TD Bank for its generous donation, which helped us fund our team. This donation, along with Chapter matching funds, allowed our team to participate and give back to the community.

Click here to view pictures from the rappel



  Sept. 26 Young Leader Speed Mentoring Event

On Thursday, September 26, the Young Leaders Committee held the Third Annual Speed Mentoring Event. With nearly 45 attendees, it was the largest turn-out yet and offered an opportunity for Philadelphia’s top real estate executives to interact with the young professionals. The mentors, many with decades of experience in the industry, shared career advice through one-on-one conversations with mentees. The Young Leaders Committee received overwhelming positive feedback on this fun and fast-paced evening, and will undoubtedly continue the speed mentoring tradition in years to come.

A special thanks to our mentors for your sharing your time and words of wisdom! We would also like to thank our event sponsors:  Liberty Property Trust, Spectrum, and Meyer Design.

Click here to view the event photos.

    Sept. 16: CoreNet Philadelphia/NAIOP Golf Outing

On Monday, September 16th the CoreNet Global Philadelphia Chapter partnered with our friends at NAIOP for the annual golf outing. The morning rain was not looking very promising for our golfers, but the skies cleared just in time for a 12:30 shot gun start! This year’s event returned to the Green Valley Country Club in Lafayette Hill, PA where more than 100 golfers tested their skills on the course, then enjoyed networking at the post-event banquet. We would like to thank all of the sponsors and volunteers who helped make this event possible. And a special thank you to our title sponsor, Jones Lang LaSalle.

Click here to view pictures from the event.

    Aug. 7: Drexel University Tour & Networking Reception

On August 7, the Education Committee hosted a tour of Drexel University’s still-under-construction LeBow College of Business. The event began with a presentation by Bob Francis, VP of University Facilities, outlining the recent changes and upcoming developments to Drexel’s campus. Following the presentation, Cameron Mactavish, whose firm Voith Mactavish is the Architect of Record for the new building, led the tour of the still under construction space. The College will begin hosting classes in Fall 2013. The event was capped off by a happy hour at Landmark Americana. View presentation slides.

Click here to view the event pictures.
  April 18: Program - What Keeps a Real Estate Executive Up at Night?

A panel of professional members met on April 18 to discuss the challenges that top real estate executives are facing in today’s market. The panel, moderated by Steve Rush of CBRE, included: Lea Ann Molineux with Verizon; Gerry Guidice with TD Bank; and Jerry O’Brien with Comcast Cable Communications.

Some of the ‘new norms’ that keep a CRE executive up at night are:

*Dealing with the changing ways people are doing business
*Cultural shifts to go to smaller workspaces
*Personalizing space for individuals
*Balancing cost, employee productivity, and employee engagement
*Gaining buy-in from the right parties to move to a more mobile workforce
*Dealing with shrinking vacancies
*Managing the results of the lowering panels
*Providing technology solutions to support flexible work
*Being accepted as a strategic partner, not an order taker
*Preparing to adjust when we move from a tenant favorable market to a landlord favorable market           

    April 5: Phillies Home Opener at Xfinity Live!

The Young Leader Committee hosted their first event of the year on Friday, April 5th for the Phillies Home Opener. Chapter Members, Young Leaders and prospective members gathered in the VIP Lounge at Xfinity Live! to watch the game, network with leaders in the real estate industry and enjoy an open bar and dinner buffet. Congratulations to Chuck Bagocius from TD Bank and Kurt Honeywell from CBRE, who were the lucky winners of the Phillies ticket raffle. Thank you to our event sponsors: AllSteel, Cofco Corporate Office Furnishing, and Gunlocke.          
    March 20: PECO Economic Forecast Breakfast

On March 20 CoreNet members and guests were treated to a fresh take on our economy, the real estate market, personal and business finances, and a view of 2013.

Speakers for this annual event hosted by PECO included:
-Frank Jiruska, Director of Energy and Marketing Services, PECO
-Patricia Brennan, President, Key Financial, Inc. (click for PPT)
-Sidney V. Smith, Jr., Managing Partner, Newmark Knight Frank Smith Mack
-James Marple, Senior Economist, TD Bank (click for PPT)

Overall the tone was moderately positive, with a reminder that there is a lot of upside potential for our economy. From significant development activity in University City to stabilizing rents in PA and NJ, the story is getting brighter for business. On the personal front, we were reminded to review our financial plans and rebalance as necessary while taking time to understand the new tax laws.