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September 25, 2008

Big shout-out to great sponsor Trammell Crow. Sentinel Square Phase I at 90 K Street is under construction now. The 413k SF building will be LEED Silver and delivers June '10.  Congratulations! Please see ad on right.


And AIG to Poplar Point? Nah, folks, we're making this up...we think. But to judge from the mood at yesterday's Boys & Girls Club luncheon, though the financial world may be collapsing, K Street could be the new Wall Street. If regulation and government spending are in (and they sure seem to be, no matter who's elected), Washington could be pretty in, too. And that means: Demand for real estate!


Okay, we'll try not to get ahead of ourselves here. Yesterday's lunch for 500 real estate mavens was devoted to a wonderful cause and raised $312,000. From left, Ferris Baker Watts founder George Ferris, who chairs the Clubs in the region (20 of them, serving 30,000 needy kids); UGL-Equis SVP Cathy Jones, who helped raise $250,000 in the last three months; acting Clubs' CEO Kevin Dowdell; Clark Enterprises General Counsel Becky Owen, who co-chaired the luncheon; and MacFarlane Partners founder and honoree Victor MacFarlane. Victor gave moving remarks about his own upbringing with a single mom and said the clubs are the only identity and nurturing many of the kids have.  


Normally we're like card counters in Vegas and try to keep track of who we've already taken pictures of, but Cathy Jones was so lovely we blanked. With her: Hunton & Williams' Jason Zeigler and Carr Properties' Oliver Carr, John Schissel, Bob Carr. Cathy has repped tenants for 25 years, most recently finding a defense firm a secure site in Virginia (now looking for a contractor), and working with an "out of town group" ready to announce something in NoMa if they can work out financing. As for Bob, another honoree yesterday, he tells us they're starting construction on 1701 Duke in Alexandria, and just topped out at 901 K in DC. More important: He claims he's approaching his 60th birthday (we don't believe it) and is debating whether to celebrate by going to Alaska or Italy. [Should Bob Carr go to Alaska or Italy? Poke Bob with your recommendation.]


Washington Nationals' External Affairs EVP and Dream Foundation president Al Maldon with PNC Real Estate Finance Group's Bill Lynch and Ben Adams.


Also last night the usual amazing crowd of 500 hard core schmoozers gathered for the annual Fall Business Classic hosted by the Greater Washington  Board of Trade at the Newseum.  Above, McCormick Group's Lyles Carr, Pillsbury DC Managing Partner Maureen Dwyer, HSBC regional president Aimee Daniels, and BOT President Jim Dinegar on the second floor balcony in front of a giant orange screen we thought would look artistic. (Humor us, and say you agree.) Aimee just arrived a few months ago from Chicago, where she opened the HSBC office. In this region she's got a budding network of eight branch offices plus an internationally oriented commercial business, but also has by far the biggest embassy practice (serving 91 of them!), acquired from Riggs and Wachovia. She recently returned from "high performance training" in Singapore with colleagues from 30 other countries, where she made a point of going over to the Raffles Hotel for its famous Singapore Sling. (Gin, cherry brandy, and Benedictine—because we know you were going to ask.)


We also ran into Broad Street founder Michael Jacoby, right, and colleague Chris Coccaro. Mike started the firm in 2001 with Tom Yockey and Jeff Kelly who he worked with at Core Locations. Their focus has been "below the radar screen" deals like condo conversations, buying office buildings and self-storage facilities in areas like Manassas, Alexandria, and Silver Spring, and developing a shopping center in Frederick. They also run a property management group in NoVa with about a million SF, and five months ago, sensing a shift in the winds, opened a full service brokerage. "We're a mini-Trammel Crow," Mike says.


We took this on the outdoor terrace, and if we knew how to adjust light exposures better, you would see the Capitol dramatically in the background. What do these famous people have in common? Rand Construction founder Linda Rabbitt (working hard these days on a buildout for law firm Paul Weiss and a retrofit for Pew Charitable Trust) will be a Washington Business Hall of Fame Laureate in November, a fantastic event that benefits Junior Achievement on whose board sit Ernst & Young Washington area head Kevin Virostek, second from right, and CBRE Northern Virginia head Brad Flickinger. As for CB regional head John Germano, left, well, let's see, his common denominator is that his jacket sort of matches Kevin's.


Trammell Crow
Nixon Peabody
Arnold & Porter
Reznick Group
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