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Speakers and Panels

Office Investment, Capital Markets, and Finance Trends

Who's Buying, Why, and How

Eric Tracy

Eric Tracy

CFO and EVP

Carr Properties

Steven Grigg

Steven Grigg

President

Republic Properties Corporation

Jake Stroman

Jake Stroman

EVP, Co-Head, Washington DC Region

BXP

Mark Sullivan

Mark Sullivan

EVP

Colliers

Jon Banister
Moderator

Jon Banister

East Coast Editor

Bisnow

Eric Tracy

CFO and EVP

Carr Properties

Eric Tracy serves as Executive Vice President and Chief Financial Officer. In this role, he oversees Carr’s finance and accounting functions and is responsible for capital raising, treasury management, portfolio valuation, risk management, and financial strategy. Prior to joining Carr Properties in 2016, Eric was a Director in the Real Estate Investment Banking Group of Eastdil Secured / Wells Fargo Securities advising public REITs. Eric began his career in the Assurance & Business Advisory group at Arthur Andersen LLP. Eric received his Master of Business Administration from the Kenan-Flagler Business School at the University of North Carolina and his Bachelor of Science in Commerce from the University of Virginia.

Steven Grigg

President

Republic Properties Corporation

Steven A. Grigg is President and Chief Executive Officer of Republic Properties Corporation, and was a co-founder with Mr. Kramer. Previously, Mr. Grigg served as Senior Vice President of Western Development Corporation and he was a partner with Mr. Kramer before founding Republic Properties. Successful completion of several major development efforts by Western in the Washington, D.C. market are attributed to Mr. Grigg’s ability to successfully negotiate and resolve issues critical to public private partnerships; most notably Market Square, Washington Harbour, Republic Square and The Portals.

Prior to joining Western Development in 1985, Mr. Grigg was Vice President of Development for Blake Construction Company, where he was responsible for a variety of office and other projects. Additionally, he spearheaded marketing and bidding new construction projects in the Washington, D.C. metropolitan area, Florida, Georgia, California, Maryland and Virginia.

Mr. Grigg holds Bachelor’s and Master’s degrees in Architecture from the University of Illinois. He is a licensed and registered architect in the District of Columbia and several states. Mr. Grigg is a past President of the District of Columbia Building Industry Association and a past Chairman of the Washington Metropolitan Builders’ Council.

Mark Sullivan

EVP

Colliers

Mark Sullivan is a native of Metropolitan Washington, DC, whose experience in the commercial real estate industry allows him to lead the Colliers International DC agency team to success. Mark offers clients the highest quality service through a strategic, thoughtful and proactively analytical approach. He uses his vast knowledge of historic and present market news, trends, and statistics to create added value for his clients. Over the course of his career thus far, Mark has represented approximately eight million square feet of office projects on behalf of both local developers and institutional owners/advisers, as well as completed over six million square feet of leasing transactions.

He began his career in 1994 with Cushman & Wakefield’s predecessor(s) (DTZ, Cassidy Turley and Cassidy & Pinkard) as a market analyst covering

downtown Washington, DC before moving to brokerage in 1996. Prior to joining Colliers, Mark served as an Executive Managing Director of Cushman

& Wakefield’s Washington, DC office where he specialized in office leasing.

Jon Banister

Moderator

Bisnow

Jon Banister is an East Coast Editor at Bisnow. He has managed Bisnow’s data center coverage since early 2022, and he has managed commercial real estate coverage in the D.C., Boston and Philadelphia markets. From 2016 to 2021 he was Bisnow’s D.C. reporter, during which time he covered the Northern Virginia data center market. He is a board member of the National Association of Real Estate Editors and has won several journalism awards from the organization.

Tenant Talks: What the New Washingtonian Wants in their Office

From Coworking opportunities to top amenities, hear from top DC companies about what brings them back to the office

Nick Belford

Nick Belford

Senior Leasing Director

WeWork

Sabret Flocos

Sabret Flocos

Director of Interiors

HOK

D'Juan O'Donald

D'Juan O'Donald

Executive Director, Commercial & Investment Bank

J.P. Morgan

Brad Shipp

Brad Shipp

Director of Strategic Alliances

Vari

Erin McDannald

Erin McDannald

CEO

Elevated

Michael Terrigno
Moderator

Michael Terrigno

Principal

Syska Hennessy Group

Sabret Flocos

Director of Interiors

HOK

"I’m passionate about translating a client’s needs and desires into innovative design solutions that transform the built environment."

As director of interiors for HOK’s Washington, D.C., studio, Sabret creates environments that enhance people’s experiences, spur innovation and optimize performance. She is an expert at developing and guiding clients through workplace strategies and interior design for complex projects.

With more than 30 years of experience in interior architecture and design, Sabret has collaborated on projects across multiple markets, including legal, healthcare, government, corporate, nonprofit and higher education.

Sabret is part of the Leadership Greater Washington Class of 2022 and is a past recipient of both the Washington Business Journal’s “Women Who Mean Business” Awards and the Smart CEO BRAVA Awards. She has coauthored publications on resilient design, optimizing the workplace for maximum impact, sensory experiences in the workplace and more. Active in her local community, Sabret serves as a board advisor and past chair of the March of Dimes for the Maryland – National Capital Area.

D'Juan O'Donald

Executive Director, Commercial & Investment Bank

J.P. Morgan

D’Juan O’Donald’s career has spanned Commercial Real Estate, Distressed/Special Situations, Structured Finance, Institutional Investment Management and Capital Markets. D’Juan sits in JPMorgan’s Commercial & Investment Bank and currently spearheads a new platform to manage, and maximize value of, a national portfolio of large-scale, distressed and undervalued properties. Previously, D’Juan was responsible for investment strategy, acquisitions, redevelopments, and dispositions across JPMorgan’s balance sheet-owned real estate & REO portfolio ($20B). Prior to JPMC, he was sourced and executed equity, debt, and structured capital solutions ($2B) in the private market for institutional and middle market investors at Ackman Ziff. Before Ackman Ziff, he was employed by H/2 Capital Partners ($12B AUM international fund manager). While at H/2, D’Juan underwrote, managed, sourced, structured, and acquired CMBS, CDOs, senior mortgages, NPL’s, corporate loans, secondary equity fund LP interests and net-leased real estate, plus participated in investor relations activities. D’Juan began his career at LNR Property Corporation, a subsidiary of Starwood Property Trust, in the Real Estate Investment Management, Finance & Servicing Group, where he amassed a breadth and depth of experience by remaining active in every part of the economic cycle by rotating through each revenue generating business unit. Highlights include directly facilitating the acquisition of subordinate, unrated bonds from CMBS pools ($16B); distressed loan restructures/workouts ($500MM); assisting in the partnership formation with FinTech company Ten-X (f/k/a Auction.com) and evaluating B-Notes, mezzanine loans, REOs, NPLs, RPLs, distressed, special situation and other opportunistic real estate equity and high yield credit investments ($10B). D’Juan holds an M.B.A. from The University of Pennsylvania’s Wharton School (Finance & Management), is a CAIA charterholder and obtained a B.A. in Mathematics from Duke University. On campus, D’Juan competed on the Football and Track & Field teams and was a member of the Duke Investment Club. Subsequently, D’Juan was a professional athlete in the Arena Football League. As an active member of the community, D’Juan serves as a board member of the DowntownDC BID (on the Finance Committee), previously served on the Advisory Board of the Robert F. Kennedy Young Leaders (RFK Human Rights Center) and volunteered with the Duke Alumni Clubs of NY and South Florida.

Erin McDannald

CEO

Elevated

Erin McDannald, CEO and co-owner of Lighting Environments and its sister companies, Elevated and Environments, has guided clients throughout the entire lighting design and construction process for over two decades.

Trained as an interior designer, McDannald joined Baltimore’s New Design Light firm in the sales department in 2003 before becoming co-owner in 2009. Under her leadership, the company rebranded to Lighting Environments to reflect the company’s expansion into lighting technology offerings for all built environments. Honored as a 2022 Bisnow “Innovator of the Year” in commercial real estate, Erin is recognized as a top female leader in DC’s real estate field.

Now a pioneer for IoT (Internet of Things) integration and building and workplace management, McDannald is leading today’s workforce through powerful digital transformation with the Elevated™ app.

Elevated, a proprietary building management application, grants users unmatched access and awareness of their built environments. Elevated’s all-in-one interface supports interactive, engaging spaces and supports real estate ROI.

Environments is an IoT integrator and software development company offering full-scale adaptable solutions that support businesses from end-to-end, from energy management to health monitoring.

With every development and service, Erin McDannald and the Lighting Environments brands continue to innovate for spaces that are expertly designed, well-connected, and flexible for each user and occupant.

Michael Terrigno

Moderator

Syska Hennessy Group

Michael Terrigno has over 16 years of experience as a principal, project manager and electrical engineer. As Director of Syska Hennessy’s Washington, D.C. office, Mike has led the engineering design teams for many of the firm’s significant and complex Critical Facility projects in the NoVA region. Through both design/build partnerships and traditional bid-build construction projects, he has managed and designed engineering projects to provide safe, secure, functional, and resilient facilities for numerous Cloud, Colocation, and Enterprise clients. He is actively involved with various mission critical facility clients working with them to increase reliability and to integrate new technology within their business. Mike has a Bachelor of Science in Electrical Engineering at Auburn University, Auburn, AL. He is a Professional Engineer licensed in NY, VA, MD, DC, and DE as well as a LEED Accredited Professional.

Washington DC Office Executive Outlook

The Owner and Business Executive’s Dilemma: How to Creatively Win Tenants and Employees Back to Your Office

Dan Dooley

Dan Dooley

Managing Director

Tishman Speyer

Evan Behr

Evan Behr

Managing Director

JLL

Katie Yanushonis

Katie Yanushonis

SVP, Leasing

TMG

Kyle Schoppmann
Moderator

Kyle Schoppmann

President, Mid-Atlantic

CBRE

Dan Dooley

Managing Director

Tishman Speyer

Mr. Dooley originally joined Tishman Speyer in 2001 to lead its regional leasing

efforts in the DC Metro area. Since rejoining in 2019, he has been responsible for

leading leasing and asset strategy for our DC Metro portfolio and our expansion

markets in the Southeast: Atlanta, Charlotte, Raleigh-Durham and Nashville.

Prior to rejoining Tishman Speyer, Mr. Dooley was the Chief Operating Officer

with Carr Properties where he ran their Leasing, Marketing, Property

Management, Asset Management and Construction Management groups. With

over 35 years of experience in real estate, Mr. Dooley has also held roles with

Trammell Crow, JMB Realty Corporation, LaSalle Partners/JLL and Savills.  Mr.

Dooley currently serves on the board of CREBA, the regional association for

commercial real estate brokers.  He is also active on the programs committee with

CoreNet. Previously, he served on the board of Jubilee Support Alliance, an

affordable housing non-profit located in the Adams Morgan neighborhood of

Washington, DC.  He also serves as a mentor for the Rubenstein Scholars Program,

an affiliate of the Economic Club of Washington, DC and CREBA.  He graduated

from Southern Methodist University with a BBA in Finance.  He holds broker’s

licenses in DC, MD and VA.

Evan Behr

Managing Director

JLL

Evan Behr is one of the leaders of JLL’s DC Agency Leasing team, who solely focus their attention on the representation of

DC’s downtown office building owners. Evan joined JLL in March 2012 and co-heads, along with Doug Mueller, an agency

portfolio currently totaling approximately 10 million square feet of DC office buildings in various product types and

locations. Evan’s diverse background inasset management, acquisitions, agency leasing and tenantrepresentation provides

a unique perspective to office building owners in Washington, DC.

Prior to joining JLL, Evan was a key member of Tishman Speyer’s Washington, DC officewhere hewas responsible for leasing

a portfolio of approximately 4.5 million square feet. Evan also gained in-depth asset management experience on Tishman

Speyer’s 28 building, 6 million square foot office portfolio in DC, Virginia andMaryland, as well as underwriting experience in

the acquisitions department. Prior to Tishman Speyer, he focused on tenant representation at CBRE.

Evan graduated cum laudewith a B.S.B.A. from Georgetown University’sMcDonough School of Business, where he double

majored in finance and management. He is a former founding member of Executive Committee BoardMember of DCBIA-

DLD. He is also a member of JLL’s Leadership Committee Advisory Board. He is a fundraiser for the Leukemia and

Lymphoma Society and Travis Manion Foundation.

Katie Yanushonis

SVP, Leasing

TMG

Katie oversees the leasing of TMG’s 5.6 million square foot office portfolio. She manages both landlord and tenant broker relationships and leads all proposal and lease negotiations on TMG’s behalf. Katie has over 22 years of experience in commercial real estate, including in-house leasing, brokerage and market research. Prior to joining TMG, Katie was a vice president with Boston Properties, where she oversaw the company’s Reston Town Center portfolio. She began her career with Lincoln Property Company, where she focused on research and brokerage in Washington, DC. Katie received her B.S. in management from Georgetown University.

Kyle Schoppmann

Moderator

CBRE

Kyle Schoppmann serves as the President of CBRE’s Mid-Atlantic Division, which includes offices in Virginia, Maryland and Washington, D.C. Kyle oversees the day-to-day strategic direction, performance and growth of the Mid-Atlantic Division for all CBRE lines of business. She holds responsibility for the development and management of our professionals, directing the creation and implementation of tools and training that drive their success.

Kyle joined CBRE as Managing Director, Brokerage Services, in 2007, assumed responsibility for Capital Markets as Senior Managing Director in 2009, and in 2014 was promoted to Executive Managing Director. She served as the head of Occupier Services and Executive Managing Director for CBRE’s Tri-State region prior to leading the Mid-Atlantic Division.

Kyle has more than 20 years of experience in sales strategy, training and professional development. She was previously a Consulting Partner at PricewaterhouseCoopers and then IBM, where she worked closely with C-level executives on complex change initiatives. Prior to IBM, she held various sales and marketing positions at the Dow Chemical Company.

Kyle currently serves as a member of CBRE’s Executive Diversity, Equity & Inclusion Council. She is also a member of Leadership Greater Washington (Class of 2019), Federal City Council and the Economic Club of Washington, D.C. Kyle has been named to the Washington Business Journal’s first-ever “Greater Washington’s New Guard” list, the Power 100 List and is a Women Who Mean Business Honoree. In 2019, Kyle was named to Washingtonian's list of the Most Powerful Women in Washington, and in 2020, she was featured in Virginia Business Magazine’s Virginia 500 – The 2020 Power List.

Analyzing New Construction, Development, and Design Opportunities for the D.C. Office

From Square Footage to Open-Space Offices, What Layouts Are Wooing Tenants Back to the Office?

Dennis Kane

Dennis Kane

President and CEO

KANE Construction

Ari Chernikoff

Ari Chernikoff

Director

AREP

Andy EIchberg

Andy EIchberg

Managing Director

Stream Realty

Jeremiah Watts

Jeremiah Watts

Principal

D|Watts Construction

Tony Hill
Moderator

Tony Hill

Managing Partner

Edwards & Hill Office Furniture

Dennis Kane

President and CEO

KANE Construction

With 35 years of progressive industry experience, Dennis has stayed true to his vision of creating a highly

successful and steadily expanding firm specializing in tenant improvements building renovations. In July of 2005,

after just 8 years in business, KANE was recognized not only as one of the Top 25 Commercial Interiors firms

but also one of the Fastest Growing Companies by the Washington Business Journal. Dennis has directed

the completion of several high-profile commercial, healthcare, bioscience, and retail tenant projects from Hunt

Valley, MD to Richmond, VA, He has personally overseen over $750 million in commercial construction and

renovation work from conception through project closeout in various capacities. His abilities to accurately

perform pre-construction budget estimates make him a frequent consultant to end-users, developers, brokers,

architectural, and design community. The company celebrates 25 years in business in 2022.

Ari Chernikoff

Director

AREP

As Director of Development & Construction, Ari serves a pivotal role in driving AREP’s success through

its core philosophy to identify opportunities, manage risk, and create value. He leads construction and

repositioning projects totaling over $30 million, and his responsibilities encompass over two million SF,

about 20 percent of the company’s 10 million SF portfolio. Ari’s management style builds consensus to

align capital partners, designers, and AREP team members on design and budget decisions to ensure

projects run smoothly and efficiently.

Prior to coming to AREP, Ari managed commercial interior construction projects with D|Watts

Construction, where he served as a Project Manager and was responsible for due diligence and pricing

support, among other responsibilities.

Philanthropic stewardship is a critical part of Ari’s life both personally and professionally. Ari is an active

participant and fundraiser for the JDRF Real Estate Games and a former site supervisor for AmeriCorps,

where he taught volunteers and worked on the St. Bernard Project in New Orleans to rebuild homes

damaged by Hurricane Katrina. Ari has also worked with Habitat for Humanity to create residences

where families find their future. He finds the greatest reward in building something impactful and

sustainable and draws satisfaction from the satisfaction of clients and others.

Ari holds a Bachelor of Arts degree in History from the University of Wisconsin-Madison, Go Badgers!.

Andy EIchberg

Managing Director

Stream Realty

As Managing Director and a member of the DC region’s senior leadership team, Andy Eichberg is responsible for leading the regional brokerage platform; providing senior leadership across other regional business lines; further establishing the Stream brand throughout the Mid-Atlantic; and executing various principal and service-related undertakings and assignments. Andy has more than 25 years of experience in the DC commercial real estate industry, the majority of which has been dedicated to the leasing, acquisition and asset management of institutional-grade office buildings.

Prior to joining Stream, Andy served as Managing Director for Tishman Speyer where he oversaw the leasing and marketing efforts for Tishman Speyer’s 4.0M square foot Washington, DC real estate portfolio. In this role, he led leasing efforts for new and redeveloped trophy projects such 2000 K Street, 2050 M Street, 900 19th Street, 1099 New York Avenue, 1775 Pennsylvania Avenue and 1155 F Street, as well as existing assets such as 2550 M Street, 1717 Pennsylvania Avenue, 1919 Pennsylvania Avenue, 1201 F Street and 1110 Vermont Avenue, among others. As a member of the senior leadership team for the region, he was actively involved in the region’s asset management, property management, development and acquisition efforts. Prior to joining Tishman Speyer in 2007, Mr. Eichberg was a Vice President of Leasing at Akridge, a local owner and developer. He also worked for Grubb & Ellis/Smithy Braedon as a landlord and tenant representative for 3rd party clients, as well as an Asset Manager and Portfolio Analyst at the Archon Group, an asset management and investment subsidiary of Goldman Sachs.

Mr. Eichberg is a past President of CREBA, the Commercial Real Estate Brokerage Association of Greater Washington DC, and is also the President and founder of the James L. Eichberg Foundation (JLEF), a charitable foundation supporting numerous local charities. He has been actively involved with the Leukemia & Lymphoma Society of the National Capital Area (LLS), serving on the Executive Committee of the Leukemia Ball and as a past participant and contributor to LLS’s Team & Training Program and Light the Night Walk. He is a member of the Economic Club of Washington, DC and a past member of the Greater Washington Board of Trade’s Investor Relations and DC Public Affairs Committees and a past featured speaker of the DCBIA’s Construction Committee and panelist on the annual State of Leasing Market seminar. He is a lifelong resident of the Washington, DC area and a graduate of Dickinson College in Carlisle, PA, where he was a member of the Student Senate and captained the varsity baseball team.

Tony Hill

Moderator

Edwards & Hill Office Furniture

Since 1998, Tony Hill has been the Managing Partner of Edwards & Hill Office Furniture (www.EdwardsAndHill.com), a commercial furniture dealership that provides furniture supply & installation, interior design services, project management,

warehousing services and signage/wayfinding services to clients across the country. Edwards & Hill Office Furniture completed the installation of the front of house Furniture for the Horseshoe Baltimore Casino ( www.Caesars.com/Horseshoe-Baltimore). Mr. Hill’s company also supplied and installed all of the back of house furniture

and guestroom furniture for the Maryland Live! Casino & Hotel (www.LiveCasinoHotel.com) and Mr. Hill was featured in the Baltimore Business Journal . Mr. Hill was involved in managing the delivery, warehousing and installation of all of the furniture, fixtures and equipment in the 2000 guestroom Gaylord National Resort & Convention Center (www.GaylordHotels.com) in Prince George’s County, Maryland. Edwards & Hill Office Furniture offers turn-key solutions allowing a client to hire the company to design and manage all of the supply and installation of office, hospitality, education

and healthcare furnishings.

Edwards & Hill Communications, LLC, the multimedia division of the company, has afforded Mr. Hill unique opportunities to grow and expand the vision for the business as an on air host for PBS including, Maryland Public Television, WQED in Pittsburg, host for Comcast Newsmakers, Comcast On the Red Carpet and Candidates on Demand in Maryland, Virginia and Washington, DC. Because of extensive travel and managing multiple large and high profile marketing events around the country, Hill has learned that consistently providing excellent customer service and products to a client will earn a company a client for life along with referrals. A native Baltimorean, Mr. Hill is a graduate of Morgan State University and holds a B.S. in Telecommunications. He takes great pride in being able to give back to his local community as well as to many others around the globe. When asked about his career, Tony Hill responds by saying, “I am blessed to have people around me who are really good at what they do. My amazing team is allowing me to build on my dream. Life is truly good.” Mr. Hill admits he is a work-a-holic, but is also working hard toward taking some time off at least once a year and stepping away whenever he can for a relaxing round of golf.

Analyzing the Federal Government's Impact on DC's RTO

Lucy Kitchin

Lucy Kitchin

Managing Director

Transwestern

Lucy Kitchin

Managing Director

Transwestern

Leading Transwestern’s Government Services advisory group in Washington, DC, Lucy Kitchin represents owners and investors of government leased real estate on both regional and national levels. Lucy advises clients on strategies to attract and retain government tenants, providing brokerage and advisory services that include financial evaluation, RFP development and lease negotiation. A federal real estate expert and former Capital Hill staffer, Lucy brings her wealth of political knowledge to advise her clients on how to maximize their real estate.

Prior to joining Transwestern, Lucy served as managing director with the Government Investor Services group at JLL where she was responsible for comprehensive real estate advisory services focused on leasing transactions with the federal government on behalf of owners and investors. Over her career, Lucy has completed approximately 15 million square feet in government leases, including transactions for Immigration and Customs Enforcement, the Department of Education, the Department of Defense, and the Federal Deposit Insurance Corporation, among many others.

Why D.C. Offices Reopening Matters

What You'll Learn At This D.C. Return to Work & Office Impacts Conference: 

  • The return to office is (actually!) happening. How many square feet are tenants seeking in D.C., compared to 2019? How are developers and designers reimagining, or creating new spaces, to accommodate better occupancy? 

  • From small to private office rental needs, how are owners with high vacancy rates getting creative in securing tenants to return?

  • Which submarkets have seen a more robust return to office, and why? 

  • Why are coworking companies, like Industrious, still bullish on leasing new shared office space in D.C.? 

  • How can D.C. remain an appealing market and compete with other regions, like Northern Virginia? 

Do More Business with CRE Office Outlook Insights: As the federal government urges employees to return to Capitol Hill, and major companies like Capital One are finalizing their RTO plans, Washington offices are filling up again. The office discussion is still as robust as ever and the question now stands — how are major owners bringing tenants back to their buildings? Learn more about the current state of the D.C. office real estate market including design and amenity strategies, as well as tenant demands, that are sending ripple effects though Washington D.C.'s office conversations. 
    

You'll Meet D.C.'s top Office: Owners, developers, investors, tenants, coworking companies and more. 

For questions, recommendations, comments, or press inquiries please email our Director of Event Production, Elizabeth Baker at liz.baker@bisnow.com

Articles to Read

Agenda

Time Activity
12:00 PM
1:15 PM
Registration, Breakfast and Networking
1:15 PM
1:55 PM
Office Investment, Capital Markets, and Finance Trends

Who's Buying, Why, and How

1:55 PM
2:35 PM
Tenant Talks: What the New Washingtonian Wants in their Office

From Coworking opportunities to top amenities, hear from top DC companies about what brings them back to the office

2:35 PM
2:45 PM
Networking Break!
2:45 PM
3:25 PM
Analyzing New Construction, Development, and Design Opportunities for the D.C. Office

From square footage to open-space offices, what layouts are wooing tenants back to the office?

3:25 PM
3:30 PM
Analyzing the Federal Government's Impact on DC's RTO
3:30 PM
4:10 PM
Washington DC Office Executive Outlook

The owner's dilemma: how to creatively win tenants back to your office

4:10 PM
4:30 PM
More Networking!

Our Commitment to Your Safety

We hosted more than 72,000 attendees live, in-person around the globe in 2021. Our commitment to safety is no different in 2022. Our events follow all local Covid-19 regulations and protocols. In the interest of the safety of all our guests, we recommend taking a rapid or PCR test for proof of negative results before attending any gathering. 

We will update attendees should any regulations be updated before this event is held. We look forward to hosting you soon to do what we do best: network, connect, and engage to do more business.