2017 NEVYs Recap: A High-Energy Celebration of Boston’s Innovation Economy

On May 17, 2017, the New England Venture Capital Association (NEVCA) hosted one of Boston’s biggest award shows. For the past five years, the NEVYs have brought together the growing Tech and Life Science communities, all under one roof. This year’s event was held at Boston’s House of Blues.
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Awards were presented to Tech and Life Science finalists in the following categories:

Healthcare & Life Science

  • Deal of the Year: Jounce Therapeutics, Inc.
  • Digital Health Company of the Year: Rest Devices
  • Entrepreneur of the Year: Kurt Graves, Intarcia Therapeutics
  • Exit of the Year: Nimbus Apollo
  • Fund of the Year: Third Rock Ventures
  • Hottest Early Stage Startup – Therapeutics: Magenta Therapeutics
  • Hottest Early Stage Startup – Tools & Tech: 3Derm
  • Rising Star VC: Michael Gladstone, Atlas Venture

Tech

  • Angel of the Year: Joe Caruso
  • Clean Tech Company of the Year: Sense
  • Entrepreneur of the Year: Ric Fulop, Desktop Metal
  • Fund of the Year: Highland Capital Partners
  • Hottest Early Stage Startup: nuTonomy
  • Next Pillar Tech Company: Turbonomic
  • Rising Star Entrepreneur: Liz Powers, ArtLifting
  • Rising Star VC: Juan Luis Leung-Li, General Catalyst
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CBRE/NE’s Amarante & Brinch present Third Rock Ventures with the Fund of the Year award for Healthcare & Life Science (Courtesy of the NEVCA)

Congratulations to all of this year’s NEVY nominees and award winners!

For more information about the NEVCA and CBRE/New England’s expertise in Tech and Life Science communities, please reach out to Adam Brinch or Nick Amarante. Follow the NEVCA on Twitter for updates on upcoming events and other networking opportunities.

CBRE/NE Takes Home the Gold at the YMCA’s Inaugural Huntington Games

On May 12, 2017, the Huntington Avenue YMCA hosted Boston’s newest corporate competition, the 2017 Huntington Games. CBRE/New England competed against Boston Realty Advisors, Cushman & Wakefield, Engles & Völkers, First Republic, LINK, Millenium Partners and Prince Lobel Tye LLP for the coveted Huntington Cup. All proceeds benefitted the YMCA Achievers program, summer camps and other initiatives that are critical to the Greater Boston community.

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2017 Huntington Cup Winners (from L to R): Nick Trocki, Brian Allyn, Taylor McKee, Andrea DeSimone & Mike Noonan (Courtesy of the Huntington Avenue YMCA)

Several CBRE/NE employees participated in this year’s intra-industry competition. The afternoon’s schedule was filled with a variety of wellness and team-building activities including high-intensity interval training, cycling, dodgeball and other fitness circuits.

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CBRE/NE competing in a fitness circuit challenge (Courtesy of the Huntington Avenue YMCA)

For more information about the 2017 Huntington Games and other YMCA offerings, please visit your local community center.

 

CBRE/NEW ENGLAND WINS BIG AT THE CBA ACHIEVEMENT AWARDS!

By Taidgh McClory, Managing Director/Partner, Advisory & Transaction Services

Every year, the Commercial Brokers Association (CBA) honors the best and brightest in the Greater Boston brokerage industry, highlighting all-star deals and individual achievements in several different categories. This is the equivalent of our academy awards for all our brokerage teams’ accomplishments as recognized by our industry peers.

This year CBRE/New England stood out as a dominant force at the awards, taking home five out of a potential 11 awards. Topping the list of this year’s recipients was our Rising Star of the Year, Suzie Brown. Her hard work and effort earned her the top award amongst a competitive field of 10 other finalists.

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On behalf of the entire company, congratulations to Suzie and all this year’s winners, our clients and the finalists! We continue to be proud of our employees, our collaboration and our market leadership as a
world-class company.

Below are the CBRE/NE finalists for 2016’s CBA Achievement Awards.

Rising Star of the Year
Suzie Brown
Vice President, Urban Team – Advisory & Transaction Services

Community Impact Deal of the Year 

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Mount Auburn Hospital
85,226 RSF
725 Concord Avenue, Cambridge, MA
Davis Marcus Partners
David Fitzgerald, Robert FitzgeraldTim Howe

 

Industrial Deal of the Year

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632,000 SF
Worcester, MA
GFI Partners
Bob Gibson, Steve Clancy, Rachel Marks, Doug Rodenstein

 

Suburban.jpgOffice Deal of the Year – Suburban
Kronos at Cross Point
505,664 SF
900 Chelmsford Street, Lowell, MA
Anchor Line Partners and Farallon Capital Management
Mark Reardon, Peter Dominski, Alex Plaisted, Benjamin Roopenian, Diane Harris

Retail Deal of the YearCBA - Eataly
Eataly
53,000 SF
Prudential Center, Boston, MA
Boston Properties (also this year’s Landlord of the Year)
Jeremy Grossman

 

 

To learn more about the night, please read more here or watch a full recap here.

CBRE/NE at the 2016 MA Conference for Women

By Rachel Goldberg, Assistant Vice President, Client Services | Valuation & Advisory

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Rachel Goldberg

Last week I was afforded the opportunity to attend the 2016 MA Conference for Women with about 20 of my CBRE/New England colleagues. Overall, the experience was empowering and energizing, but most of all, reassuring. Being a woman in a male-dominated industry isn’t always easy. One of the break-out sessions that stuck with me the most was called How to Lead…When You’re Not in Charge. We learned about two different mindsets: Fixed and Growth. Leaders maintain a growth mindset. The qualities of a growth mindset are as follows:

  • Has a passion for learning.
  • More willing to take risks/confront challenges and work through them.
  • Failure doesn’t define them.
  • Open to accurate information about their current abilities.
  • Resilient in the face of setbacks.
  • Thrives on challenge.
  • Values where they are going regardless of outcome.
  • Believes success is earned.

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Leaders also demonstrate credible performance by meeting and exceeding standards, communicating intent and expectations, holding others accountable for their performance; seeking responsibility before beginning to place blame; and valuing everyone and serving people in ways that matter.

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Another lesson learned in this session was to lead with confidence. Confidence is built by:

  • Experiencing success and recognizing and internalizing one’s own achievements.
  • Surrounding yourself with positive role models who have your best interest at heart.
  • Creating positive self-appraisals/positive self-narrative.
  • Managing other key emotions: the more dramatic you are, the less you’ll be able to access confidence.

Millennials have an impactful contribution to the leadership at our company. We may not have leadership designations, but we bond emotionally with one another and empower one another. We demonstrate the growth mindset every day, and we learn from one another.

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Over 10,000+ in attendance at this year’s conference!

The next session I attended was Gender Partnership: Engaging Men As Advocates to Pioneer Pay Equity. I was shocked to learn from the thought leader (Catherine Corley, Senior Vice President, Global Operations, Catalyst) and speaker (Beth Carlson, Vice President, Global Talent Development & Organizational Effectiveness, Raytheon Company) that less than half of men believe that gender-stereotyping is an issue, while 76% of women believe it to be. One of the speakers began with a brilliant point: women are over-mentored and under-sponsored. We do not have enough male (or female) sponsors who speak highly of us and our achievements to others. Part of the reason is because women are afraid to request it. It is harder for women to talk about their aspirations than it is for men; therefore, women’s careers plateau while men continue ascending.

The group learned that progress is halted by a lack of male allies. If we are able to engage with men so that they understand and believe that gender-stereotyping exists (and that nobody wins from it), progress would occur more rapidly. According to the session leader, change has plateaued, which is unfortunate, because if it slows, women are not projected to reach pay equity until 2152. Men are afraid to help women for a variety of reasons, which include fear of making mistakes and fear of other men’s disapproval. Women can help to engage men by discussing our experiences of being outside of male privilege in a non-accusatory way. The pace of societal change is dependent on male allies, and alienation slows the pace.

 

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Andrea DeSimone with keynote speaker Kevin O’Leary

 

When we broke for lunch and regrouped with our peers my heart swelled with love from the energy in that room. Hearing about the other sessions my colleagues attended was inspiring. The keynote speaker at lunch was Sara Blakely, founder of SPANX, Inc. Her personal story of achievement exhibited so much strength of character, resolve and self-actualization. I was absolutely beaming listening to her, hoping that the other women in the room knew that they are all capable of the same capacity for self-love and conviction.

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Part of the CBRE/NE crew wrapped up for the day.

 

 

Why DID GE Choose Boston?

ge_panelevent_sept2016_html_01CBRE/New England recently hosted a panel discussing General Electric’s decision-making process behind its relocation to Boston. The event was held at The Fallon Company’s newly constructed 100 Northern Avenue and the panelists were GE’s Ann Klee, Vice President, Boston Development and Operations, CBRE’s Brent Woodruff, Executive Vice President within the Global Workplace Solutions group, Gensler’s Doug Gensler, Managing Director, Principal and CBRE/NE’s Andy Hoar as moderator.

Ann Klee discussed the comprehensive decision-making process for the evaluation of a potential headquarters relocation. Her internal team created a set of 85 criteria used to thoroughly evaluate options, in addition to the analysis separately conducted by the CBRE team led by Woodruff, Hoar and Bill Crean. Early in the process, Woodruff brought in CBRE’s Labor Analytics Group, providing data and insight to help narrow the initial list of 40 markets down to eight. Presentations by city officials and market tours helped to further narrow down the selection pool. Meanwhile, Klee and her team always referred back to their original criteria list—a practice Klee stated was critical in making objective evaluations.

Klee also described the impact the company’s recent rebranding had on the process. To truly change perception and reflect GE’s new ‘digital industrial’ moniker, Klee explained that it became clear that a physical move would have the greatest effect on workplace culture. They wanted not only a location that would foster talent recruitment, but also a site that embodied the convergence of old and new, to reflect the new direction of the company. Klee recalled seeing the chosen site for the first time, and how the combination of the existing brick-and-beam warehouses with space for new construction was immediately appealing to her team. With a site chosen, GE is now working with an ambitious timeline for permitting and construction. Klee noted that establishing good working relationships with city and state officials early in the process was pivotal.

 I remember our team standing on the top floor of the Federal Reserve, watching people pour out of South Station over the Summer Street bridge. You could feel the energy in the Fort Point neighborhood. – Ann Klee

Next, Doug Gensler went into detail about the thought process behind the design of the site. He described the importance of creating flows that would connect the different functions, as well as building a ground-floor destination for the neighborhood. The campus aims to foster collaboration and innovation throughout the community.

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Doug Gensler presented renderings of GE’s new headquarters.

The program concluded with a question and answer period with the audience. CBRE/NE was honored to host such an informative and engaging event, but more importantly we are honored to have had the opportunity to work with the GE team.

ICSC NEW ENGLAND CONFERENCE IS DAYS AWAY #NEcdm

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Andrea DeSimone

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Nicole Nielsen

What: ICSC New England Conference & Deal Making

Where: Hynes Convention Center | 900 Boylston Street, Boston, MA

When: July 19–21, 2016

The ICSC New England Conference provides a one-stop platform for education, networking and deal making. Once a year, ICSC New England offers an opportunity for attendees to gain information about current industry issues, meet and interact with colleagues doing business in the same region and make deals.

Preceding the deal-making component of the conference, ICSC puts together a multitude of events that enable industry learning and networking. This year, CBRE/New England’s Andrea DeSimone is leading the Retailer Fun Run and Nicole Nielsen is organizing the Next Generation Session. Andrea and Nicole are both on the Program Planning Committee for the ICSC New England Conference, along with Paul Grossman; Nicole is Co-Chair of the Next Generation Committee.

Retailer Fun Run

Wednesday, July 20 @ 7:00-8:30AM

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Click for video

Next Generation Session

Wednesday, July 20 @ 10:30–11:45AM

Retail Real Estate JeopaR.E. Join Next Gen’s rendition of the classic game show JEOPARDY!, or as we like to call it: JeopaR.E. Our host, Josh Levy, Waterstone Retail, will challenge our “contestants” as they compete in six categories and in three rounds (with each round’s answers being worth more prize money). Following the informational and fun game, there will be a 20-minute panel rounding off the session and allowing the audience to ask questions.

Visit the CBRE/New England booth on Thursday, July 21st from 8:00AM-2:30PM @ Booth #407!

2015 CBA Awards Recap

CBREselfieby Andy Hoar, President/Co-Managing Partner

The 2015 Commercial Brokers Association Achievement Awards were held last night at Boston’s InterContinental hotel. CBRE/NE was honored to have 11 nominations in total, taking home three Deal of the Year awards. CBRE/NE Vice Chairman/Partner and CBA President David Fitzgerald was a dynamic master of ceremonies, and CBRE/NE SVP/Partner Taidgh McClory gave an informative speech about the CBA’s initiatives in diversity. We were excited for the wins of our colleagues J. Calnan & Associates for Collaborating Professional and Samuels & Associates for Landlord of the Year.

We are extremely proud of all the CBRE/NE nominations, the first of which in the evening was Rising Star nominee Nicholas Amarante, an Associate on our Urban brokerage team. Our Urban team was also nominated three times in the Life Sciences Deal of the Year category. Vice Chairman Greg Lucas, SVP/Partner Charles Kavoogian and SVP/Partner Adam Brinch were nominated for representing tenant Momenta Pharmaceuticals in its 104,678-sq.-ft. renewal at 320 Bent Street in Cambridge. The three, with the addition of SVP/Partner Curtis Cole, were also nominated twice on behalf of representing landlord Alexandria Real Estate Equities, once for Bluebird Bio’s 253,108-sq.-ft. lease at 60 Binney Street, and once for Bristol-Myer’s 208,394-sq.-ft. build-to-suit at 100 Binney Street. The Alexandria team did take home the award on the office front, however, for Sanofi/Genzyme’s build-to-suit at 50 Binney Street.

Other CBRE/NE nominations included SVP/Partner Jeremy Grossman in the Retail Deal of the Year category, for representing landlord The Georgetown Company in the 18,000-sq.-ft. Boston Wax Museum lease at One Washington Mall in Boston. In the Suburban Office Deal of the Year category, EVP/Partner Andy Majewski and First Vice President Matt Siciliano were nominated for representing landlord Davis Marcus Partners in the 115,000-sq.-ft. lease with PerkinElmer at 940 Winter Street in Waltham. Majewski, along with EVP/Partner Mike Ripp, Vice President Alex Plaisted, VP of Client Services Liz Nyman and Client Services Coordinator Kirstyn Pearl were also nominated on the tenant side for representing Fresenius (FMCNA) in its three-lease renewal project totaling 421,974 sq. ft. in Waltham/Lexington.

Our Industrial brokerage team comprised of EVP/Partner Bob Gibson, EVP/Partner Steve Clancy, Vice President Rachel Marks and Associate Doug Rodenstein was nominated twice for Industrial Deal of the Year. The team represented Chambers Street Properties/Gramercy Property Trust in the $20.3M sale of 328,104-sq.-ft. 300 Constitution Drive in Taunton to The Boston Globe. The team took home the award for their representation of Martignetti Companies’ purchase of Myles Standish Phase IV warehouse in Taunton, a 115-acre site purchased for $11.5M from Taunton Development/MassDevelopment.

The last, but certainly not least, win of the night for CBRE/NE was in the Downtown Office Deal of the Year category for BNY Mellon’s 250,000-sq.-ft. lease extension at One Boston Place. EVP/Partner Chris Cuddy, Director of Strategic Accounts Peter Dominski, First Vice President Lauren Lipscomb and Vice President Kristen Blumetti represented the joint venture ownership of TIAA-CREF and Ivanhoé Cambridge. The CBRE/NE property management team led by VP/GM/Partner Emily Batchelder was integral in the 1.5-year process; the project as a whole was an exemplary team effort from all parties involved.

Congratulations to all those nominated last night. The full list of nominees can be found here, and the full list of winners can be found here. It was a fantastic night and a memorable year—here’s to a great 2016!

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