Working with Chicago Police/SWAT in response to a workplace violence incident

by Mark Kexel, Titan Security
Chair of BOMA/Chicago Open Security Emergency Preparedness Committee

Having up-to-date resources at your fingertips and strategic planning are critical to effectively responding to building threats, according to Lieutenant Mark Marianovich of the Chicago Police Department Special Weapons and Tactics (SWAT). A featured speaker at a recent BOMA/Chicago Open Security Emergency Preparedness Meeting, Lieutenant Marianovich outlined how the Chicago Police Department interacts with and supports building representatives during crisis situations from start to finish.

Gaining Access
Upon initial arrival at the scene, the first responding officer will need to gain immediate access to the security officer and building engineer to assess the situation and negotiate the building. In addition to obtaining information including subject description, type of weapon, backpacks or other bags in the subject’s possession, the officer will also need passcards or keys, up-to-date floor-plans and access to building radio communications and camera displays to monitor the search if possible.

The Search Begins
Once the second responding officer arrives, the search for the offender begins and the police take over the scene. Building representatives should be prepared to recall elevators and lockdown the building and everyone in the building should listen to and follow instructions, in addition to providing any information requested. Tenants may even be treated as suspects – which may include a pat-down – until the offender is identified.
While the average length of an active shooter is six to eight minutes, the amount of time to conclude search and rescue is closer to six hours. During that time, identifying and stopping the perpetrator is the absolute first priority, and next is providing aid to the injured. Even after the subject is taken into custody, the police will maintain control of the building for some time as all occupants must be located, identified and accounted for.

Planning Ahead
In addition to ensuring the most recent floor-plans are on-site and accessible by the security officer or building engineer, every building should develop a plan to handle what may seem to some as an unthinkable situation.

When developing the plan, consider ways to educate tenants about appropriate responses to threats in addition to police search and rescue. Lieutenant Marianovich urged everyone to follow the “Run, hide, fight” principle, emphasizing that offenders in these situations have only one intention – to kill or harm. If you can escape the scene safely, do so. If hiding is the best option, blocking entrances can discourage the offender from entering. Tenants should also find articles that can be used for defense purposes if necessary. Since tenants can be wary in this type of situation to open a door for anyone, they should also learn to verify police identity during search and rescue efforts by asking for identification or calling 911. The Police may issue an “all clear” using the building’s public address system as well, so be sure to listen to announcements or updates.

Building management should also consider developing pre-scripted announcements to tenants and set policies for their use. Management should also make every effort to alert and provide direction to tenants during crisis situations via some sort of mass communication system. Regarding use of the public address system, there’s a chance the offender may not even hear the message, and as Lieutenant Marianovich pointed out – the offender already knows of his/her arrival, why shouldn’t the tenants?

Other key components to consider in a response plan include tenant floor/office infrastructure (including glass doors, open office settings, etc), availability of cameras to view and the ability to recall elevators.

Be Prepared
Would you like to arrange a “table top” drill at your building to learn more? Contact the Chicago Police Department First District Business Liaison Officer, Sergeant William Brannigan, at william.brannigan@chicagopolice.org to arrange a “table top” drill at your building.

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CRE News: What We’re Reading the Week of October 6

By BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Below are articles that caught our attention the week of October 6.

Social Marketing Firm Moves Headquarters Downtown
SIM Partners, a social marketing technology company, has relocated to 14,500 square feet of space at 30 N. LaSalle St. The firm previously resided in Evanston from 2006 until its recent move downtown and plans to double its employee base within the next year.

Old Main Post Office Venture Fizzles
The venture between British developer Bill Davies and Sterling Bay to redevelop the vacant Old Main Post Office has fizzled after both parties were not able to agree on the final vision for the property. Sterling Bay withdrew from the venture after attempting to purchase the property for almost $150 million from Mr. Davies’ International Property Investors. Next steps for the Old Main Post Office, which has been vacant for 18 years, are unclear.

Raise Quadruples Headquarter Space
Chicago-based Raise Marketplace Inc., a firm that manages a website where people buy and sell unused gift cards, will quadruple its headquarters when it moves into the Sullivan Center from River North. Raise expanded its workforce from 21 employees to 100 in less than a year, sparking the move from 11,000 square feet at 311 W. Superior St. to 46,000 square feet at the Sullivan Center. The move will take place in March 2015.

Triple Pricetag for Sterling Bay Property
Sterling Bay has hired Bruce Miller, JJL’s Managing Director, to seek a sale of the 16-story West Loop office building located at 111 N. Canal St. This building has become one of the most sought after addresses for Chicago’s technology sector and is expected to fetch at least $300 million, which is triple the price from what Sterling Bay paid for the property in December 2012.

What CRE or Chicago news headlines from the past week captured your interest? Leave us a comment and let us know.

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CRE News: What We’re Reading the Week of September 29

By BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Below are articles that caught our attention the week of September 29.

BOMA Chicago Energy Center Hosts Panel on Smart Grid Technology
Members of BOMA/Chicago’s Smart Grid Initiative hosted a panel discussion earlier this week at the BUILDINGChicago/Greening the Heartland conference. Michael Cornicelli, Executive Vice President, T.J. Brookover, Vice President of the BOMA/Chicago Board of Directors, Ron Tabaczynski, Director of Government Affairs and Mike Munson, Metropolitan Energy, discussed how leveraging Smart Grid technology can transform Chicago’s commercial buildings. Click here to read a full recap of the panel.

Hefty Pricetag Despite Looming Anchor Vacancy
A venture of Golub & Co. and an affiliate of New York-based Goldman Sachs Group Inc. have sold 211 W. Monroe to GlenStar Properties LLC for about $58 million, which is approximately 32% percent more than the venture paid for the tower two years ago. The venture purchased the property in 2012 knowing that a major tenant, BMO Harris, would end its 250,000 square foot lease in December 2014. When BMO Harris leaves, the property will be about 82% vacant.

One Prudential Plaza Inks Big Lease
Cision AB, a Swedish public relations software provider, has signed a 49,500 square foot lease at One Prudential Plaza. This space will become the firm’s headquarters in early 2015, where it will house 400 employees. This deal is the largest lease at One Prudential Plaza since a venture of New York-based 601W Cos. and Berkley Properties LLC recapitalized the building in June 2013. One Prudential Plaza recently lost a lease for Integrys Energy Group Inc., leaving the building 42% leased.

John Hancock Acquires Monroe Street Tower
John Hancock Real Estate has acquired 55 W. Monroe St. for $244 million, or approximately $303 per square foot. The building is currently 92% leased to a variety of law firms and financial institutions. The seller of 55 W. Monroe, a venture of Chicago-based Hearn Co. and New York-based Mount Kellett Capital Management L.P., purchased the building in December 2011 for $136 million when it was 32% vacant.

Cook County Adopts New Real Estate Tax Incentive
The Cook County Board of Commissioners has adopted a new commercial real estate tax incentive known as the Class 7c Commercial Urban Relief Eligibility incentive aiming to encourage real estate development in the Chicago region. Class 7c is available to real estate primarily used for commercial purposes (goods and services and also hotel and motel). It joins other more commonly known Cook County incentive classifications, such as 6b (industrial), 7b (commercial) and Class L (landmarks), as well as municipal incentives such as tax increment financing and sales and hotel tax rebates, to expand the tools available to assist projects that would not otherwise be economically feasible. Click here for more information.

What CRE or Chicago news headlines from the past week captured your interest? Leave us a comment and let us know.

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CRE News: What We’re Reading the Week of September 22

By BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Below are articles that caught our attention the week of September 22.

Former BOMA/Chicago President Named a Top JLL Executive
Maureen Ehrenberg, who served as BOMA/Chicago’s President from 2009-2010, has been named as JLL’s Executive Managing Director for its Integrated Facilities Management (IFM) business in the Americas and Chair of its IFM Global Specialty Board. In her new role, Ehrenberg will provide strategic direction and expertise to a team of 8,000 who currently manage more than 760 million square feet of property in the Americas and provide leadership to the members of JLL’s Global IFM Board.

Firm Expands Real Estate Reach with Warehouse Purchase
South Street Capital has initiated its first investment fund by purchasing an industrial building for $3.9 million. The 84,635 square foot warehouse is located at 2059 W. Hastings St. in the Illinois Medical District. South Street is primarily known for owning loft office spaces in River North, River West and the West Loop.

Sterling Bay Venture Paying $27.5M for River North Loft
Sterling Bay Cos., along with New York based DRA Advisors LLC, is purchasing a seven-story River North loft located at 213 W. Institute Place. The partners are paying almost $28 million, or roughly $185 per square foot. This is double the price previously paid for the building, which was purchased by Charles Mudd in 2004 for $14.5 million.

Former Athletic Club Bears Hefty Pricetag
Owners of the former Lakeshore Athletic Club, located 441 N. Wabash, have hired HFF Inc. to broker the sale of the site. The sale could bring in $40 million or more, as the site is located just west of North Michigan Avenue. A venture including Chicago-based investment firm BDT Capital Partners LLC and Zeller Realty Group purchased this space and the Wrigley Building back in 2011. The sale of this lot alone could bring in more than the venture paid in total back in 2011 – $33 million.

First Chicago Co-Working Lounge to Open at One South Wacker
One South Wacker will become the first class A office building in Chicago to open up a full-service shared workspace and conference center for both the public and its tenants. The building, owned by Harbor Group International, has hired New York-based Serendipity Labs to open and manage a 30,000 square foot co-working lounge that will be housed on the mezzanine level and second floor.

What CRE or Chicago news headlines from the past week captured your interest? Leave us a comment and let us know.

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CRE News: What We’re Reading the Week of September 15

By BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Below are articles that caught our attention the week of September 15.

Partial Sale of the Sullivan Center
Winthrop Realty Trust and Elad Canada Inc. are seeking buyers of their 76% stake in the Sullivan Center, located at 1 S. State. The CityTarget store currently serves as the anchor tenant to this 15-story, 943,944 square foot building and according to sources, the property would be worth about $250 million in an outright sale. However, a partial sale and the unusual ownership structure make it difficult to estimate a sale price.

Freedom Center Redevelopment
Tribune Media announced earlier this week that it plans to redevelop a seven-acre portion of its Freedom Center campus, located at 700 W. Chicago Ave., that contains a vacant, 115,000 square foot industrial building. Tribune Media, in attempt to gain revenue from its real estate holdings, will seek a development partner for this project and will soon issue a request for proposals.

Uber Signs Another Sterling Bay Lease
Uber Technologies Inc., a fast-growing ride-sharing company, has signed a lease for 58,000 square feet on the ninth floor of 111 N. Canal St. This property is owned by Sterling Bay. In March of this year, when Uber moved into another Sterling Bay building located at 370 N. Carpenter St., the firm stated that it planned to have 100 Chicago-based employees by the end of 2014 and 200 by the end of 2015.

Renewed Lease and Increased Space on Wacker Drive
Rise Interactive Inc., a digital marketing business, has expanded its space at 1 S. Wacker Drive by 19,000 square feet to a total of 35,000 square feet in a new 12-year lease. Harbor Group International purchased this 40-story tower in 2012 for $221 million.

Law Firm Takes Full Floor on LaSalle
Blatt, Hasenmiller, Leibsker & Moore, a Chicago-based law firm, has signed a 10-year lease for a full floor (23,000 square feet) at 10 S. LaSalle. The firm will take occupancy in October when it relocates 170 employees from its corporate headquarters at 125 S. Wacker.

What CRE or Chicago news headlines from the past week captured your interest? Leave us a comment and let us know.

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Educational Opportunities Abound – How Will You Take Your Career to the Next Level?

By Jaclynne Madden, BOMA/Chicago Marketing & Education Program Manager

Labor Day has come and gone. The September chill is in the air. Businesses are flooding the airwaves to tout backpack sales and notebook bargains.

All of the signs are here – fall has arrived and back-to-school season has kicked into fifth gear.

Given that educational offerings are one of the core BOMA/Chicago member benefits, it’s important to remember that back-to-school season is not just for the kids. Investing in education is a lifelong endeavor. Whether you are one of BOMA/Chicago’s emerging leaders or an experienced CRE professional, we have a multitude of 2014 and 2015 educational opportunities planned for you.

BOMA/Chicago educational programs are designed to incorporate adult-learning methodology and are organized in ways that increase skillsets with minimum disruption to your busy schedules. Classroom settings are fun, timely and unintimidating so that you can naturally hone your CRE knowledge while building relationships with instructors and fellow students. And what’s even better is that when you leave the BOMA/Chicago classroom, you will walk away with information and expertise that can be immediately applied to your job.

Below are the educational offerings that we have in store for you.

RPA/FMA Classes
Real Property Administrator (RPA) and Facilities Management Administrator (FMA) BOMI International designation programs are recognized on national and international levels as marks of distinction and excellence throughout the property and facility management industries. The successful completion of a designation program allows you to gain a deep understanding of how to increase the value of properties and/or operate facilities at peak efficiency.

BOMA/Chicago will be offering the following six RPA/FMA classes (five of which are required) through 2015:

  • Asset Management (Elective): October-November 2014
  • Real Estate and Finance (Required): January-February 2015
  • The Design, Operation, and Maintenance of Building Systems, Part II (Required): March-April 2015
  • Ethics is Good Business (Required): May 2015
  • Environmental Health and Safety Issues (Required): July-August 2015
  • Budgeting & Accounting (Required): September-October 2015

Learn more and view the schedule by clicking here.

High-Performance Classes
Additionally, two of the three High-Performance (HP) classes will be offered locally in 2015. These courses are part of BOMI’s High Performance Program that launched in June 2014 and they will give you the opportunity to earn an enhanced designation (RPA|HP or FMA|HP). Here are the two HP courses we will offer:

  • High-Performance Sustainability (Principles): March 2015
  • High-Performance Sustainability (Practices): September 2015

Now that you have an idea of our 2014-2015 schedule, here is an overview of the educational scholarship opportunities you can take advantage of now.

Three Scholarships You Should Consider
Through the BOMA/Chicago Foundation, those currently working in commercial real estate have a tremendous opportunity to receive a scholarship that will cover all (or part of) the cost of tuition toward earning the industry’s highest designations – the RPA and FMA. Below are the three scholarships you may be eligible for:

updated-fds-rr_0Full Designation Scholarship: This scholarship is valued at $10,000 and provides funding for all eight required RPA or FMA designation courses. Application season for this scholarship is now open and applications are due by November 7, 2014.

Ollie Scholarship: The Ollie Scholarship is designed to promote diversity within the CRE industry by allowing recipients to earn full tuition toward the RPA. Applications will be accepted from December 1, 2014 until February 13, 2015.

Single Course Scholarship: This scholarship is valued at approximately $1,400 and provides funding for one designation course. Applications are due a minimum of two months in advance of the start date of the course for which the applicant is requesting scholarship funds.

Achieving success goes to those who have the most knowledge, expertise and credentials…and also to those who leap at opportunities such as the ones we outlined above. Give yourself a competitive edge in this dynamic industry today by participating in our relevant and affordable educational programs and by applying for a scholarship that could propel your career.

How have BOMA/Chicago’s educational offerings enhanced your career? What educational programs would you like to see BOMA/Chicago offer in the future? Leave us your comments below.

For more information about educational courses offered by BOMA/Chicago and available scholarships, contact Jaclynne Madden at jmadden@bomachicago.org.

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CRE News: What We’re Reading the Week of September 8

By BOMA/Chicago

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Below are articles that caught our attention the week of September 8.

Billion Dollar Pricetag for Several CBD Towers
Several downtown towers, with a combined value of about $1.8 billion, will soon be on the market. Here are several future sales predicted by Crain’s Chicago Business:

Portion of River North Office Space for Sale
Alter Group Ltd. plans to sell 141,957 square feet of office space located at 111 W. Illinois St. for $71 million. This sale would not include the three floors owned by the Erikson Institute, a non-profit graduate school, or the 10,000 square feet owned by the Roka Akor restaurant. Salesforce.com, a company that sells sales-automation software, has nine years remaining on a 116,819 square foot lease at this property.

Downtown Move After Three Decades
GlobeStreet.com reported on the growing trend of companies moving to the CBD from other Chicagoland areas – a trend that is attributed to the many amenities and conveniences that downtown offices provide. Newark element14, an electronics and engineering firm, is the most recent firm to make the move to the CBD after spending 34 years in Ravenswood.

Wacker Pricetag Disclosed
Last week, we reported the sale of 101 N. Wacker Drive, a property previously owned by Hines Interests L.P. The price paid for the property by the now-owner, LaSalle Investment Management, has been disclosed – $210 million. The 24-story tower is currently 90% leased.

What CRE or Chicago news headlines from the past week captured your interest? Leave us a comment and let us know.

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