18A — October 2023 — M id A tlantic Real Estate Journal
www.marej.com
M id A tlantic R eal E state J ournal
Cushman & Wakefield’s Hospitality Group expands in the United States
continued from page 10A Samantha Hoyte, senior manager at Withum Allison DiGiovanni . “Caro- lyn’s extensive expertise will further enhance our market insight capabilities, enabling us to offer even more impact- ful data to our clients as they rethink their spacing needs.” Bates brings a wealth of ex- perience to her new position. She joins Newmark after serv- ing as an advisory consultant at Avison Young. Before that, Carolyn was VP of research at Bridge Investment Group in Salt Lake City. MAREJ Newmark hires Bates for Mid Atlantic Research W ASHINGTON, DC — Newmark an- nounces the addition of Carolyn Bates as the regional re- search direc- tor for the Mid-Atlantic region. In her role, Bates will pro- vide insights into economic and real estate trends, oversee statistical data Carolyn Bates
on not only how to meet these new expectations but also un- derstand the importance these skills and expectations have on our profession. Do you feel being a woman is an advantage, disadvan- tage or no advantage in to- day’s business world? Why? Why not? I cannot say that I feel being a woman has been an advantage or disadvantage to me. I do acknowledge there was a time when my profession was dominated primarily by men, but I’ve been fortunate not only to meet but to work with many outstanding women in a variety of leadership roles. They have all served as an encouragement to keep going and that the glass ceiling that many believe would prevent a woman from being in certain positions can be broken. What is the funniest, most unique situation you have faced / conquered during your business career? I would have to say one of the most unique situations I en- countered was as a senior in charge of an inventory count at a manufacturing client. Being the thorough auditor I was, I wanted to make sure I reviewed samples from the inventory at the various stages. When I requested to see the raw ma- terials, I was taken outside to being a female manager in a male dominated industry. When I first started in the building services industry most department managers were male. This has changed quite a bit over the years and have learned that a female can manage a department just as efficiently as a male can, if not better. What is the funniest or most unique challenge you have faced and conquered during your tenure in Building Services Manage- ment? Being a perfectionist in an imperfect world!!!! I’ve fought this for many, many years and finally have come to understand that there is give collection and analysis and drive thought leadership ini- tiatives to support Newmark’s Mid-Atlantic markets. Based in Washington, D.C., she leads a team of researchers covering the DC, Baltimore and Greater Philadelphia markets. “This strategic move un- derlines our commitment to establishing a prominent voice within the Mid-Atlantic region,” said executive vice president and market leader of the Mid-Atlantic Region
Magazine will focus on the Mid-Atlantic region and join Cushman & Wakefield’s multi- market-based Hospitality Group servicing private capi- tal and institutional clients. The team was created in Janu- ary to spearhead the firm’s ex - pansion in the hospitality sec- tor, which was initially focused on the Southeast region, but has since expanded into the Mid-Atlantic and has broader plans to grow to other markets nationwide. MAREJ
WASHINGTON, DC — Cushman & Wakefield is continuing to expand its hos-
pitality pres- ence across the US with the addi- tion of Marc Magazine . Magaz ine will serve as executive di- rector focused
on investment sales and be based in the firm’s DC office. Marc Magazine
Lauren Foster, PE, LEED AP working. We need to communi- cate more intentionally when we’re not in the same location. There is a Calvin and Hobbes comic where Calvin announces everything he does as he’s do- ing it. “I’m walking down the hall, going to the kitchen, get- ting a glass of water, further notice as events warrant.” I broadcast what I’m doing to my teammates regularly if they can’t see me, and I expect the same from them. “I fin - ished these load calcs, getting a coffee, now I’m reviewing the specs, further notice as events warrant.” When the day is over, we all know what we’ve accomplished, and what we need to work on the next day. What unique qualities and or personality do you feel makes you most suc- cessful in your profession? I don’t have a good memo- ry. I compensate for that by keeping meticulous records. I bullet-journal. I take notes on my phone calls and in meetings and sort my notes by project and date. Those notes have been a valuable resource, especially for long- running projects where we might forget something that was previously decided. Or if there was staff turnover, those notes can help bring everyone up to speed quickly. I’ve only ever worked in male- dominated industries. I feel like I’ve had to work extra hard to gain credibility in this field. I don’t look like an engineer to a lot of people, so if I need to make a statement about a code requirement or a design standard, it’s often not accepted simply because I said so and I’m an engineer. I always provide a qualifier – which code section I read something in, or where the design standard came from. But ultimately, being able to cite where I know everything from is a good habit, and hav- ing to do that has made me a better engineer. continued from page 15A
the yard where there were huge piles of rocks about 20 feet high and I remember looking at the client’s employee who was be- ing very helpful with a look of “how am I going to count this?”. Luckily, he walked me through the process of how they valued the raw material, so I was able to complete my task. What outside activities do you enjoy during you free time? My favorite things to do is travel and experience new things. I’ve been to Europe, Asia, Africa, South America and the Caribbean. I love to learn about other cultures so I love traveling to new locations or attending various events like food festivals and different shows. I try to visit at least one country I’ve never been before each year. What inspiring word of advice would you give to a young woman about to go into the field of com- mercial real estate or your allied field? My best advice is do not be afraid, be bold. Growing up my grandmother used to tell me “Can’t is the man that doesn’t try”, mean- ing you shouldn’t say you can’t do something unless you have given it a try. You may sur- prise yourself on how much you are able to accomplish. MAREJ and take; things won’t always be black and white. Do you feel being a woman in your profession is an advantage, disadvantage, or no advantage? Why or Why Not? I believe there is no advantage or disadvantage, as long as you are qualified, it doesn’t matter if you are male or female. What words of advice would you give to a young woman looking to pursue a career in building servic- es? Just go for it! If it’s your passion, give it your all. Take pride in what you do, work hard but take time to play hard too. Be dedicated and you will be rewarded. MAREJ
do. Secondly, not being afraid to learn. Whether from mistakes or tackling new areas, learning is fundamental to understand- ing and growth. Lastly, valuing teamwork. I believe in giving all me teams members oppor- tunities to grow and provide them with the tools necessary to succeed. By doing this my team members tend to go above and beyond because they know they have my support. What challenges and or obstacles do you feel you needed to overcome to be- come as successful as you are today? One of the big - gest challenges I faced is the changing of expectations and roles that I experienced as I grew in my career. As a staff and senior accountant, the focus was heavily on technical skills and efficiencies. As I con - tinued to advance there were new soft skills (like effective communication and network- ing) and management skills that are expected, and these are not items you learn from college. Having to enhance my mindset from mostly technical to include these other areas was a little challenging at first but I had some great mentors and sponsors around me that supported me and guided me most successful in your profession? Due to the na- ture of my work, there are always challenges but I am able to remain calm in such situations. When dealing with tenants in a crisis, my depart- ment is responsible for reas- suring them that whatever the issue, it will get fixed. I am also very detail oriented and routine in my role, which is important in order to get things done. What challenges and/or obstacles have you faced and overcome in order to become as successful as you are today? The only challenge I have found is continued from page 14A
Do you feel there are any differences in the way that men and women develop business relationships and if so, what activities or ven- ues do you participate in? Traditional venues for de- veloping business relation- ships like golf, happy hours, dinner, or any event in the evening don’t work for me at this stage in my life. That’s not because I’m a woman, it’s because I’m a parent with young children. My husband has the same challenges. He’s a parent too. Any network- ing or business development event that’s in the daytime, on a weekend, or family-friendly, I’m there for it. Last Spring, I volunteered with friends and colleagues for a 5K run with 7x24 for International Data Center Day. AKF sponsored the 7x24 Spring Conference in Orlando this year, and I was able to attend with my family. There were interesting semi- nars and panels at the confer- ence, and plenty of golf, but also activities for families like a trip to Universal Studios. I rode on roller coasters with some clients and my kids. In the Summer I helped organize a networking picnic with the DC chapter of Women in Health- care. That event was kid and dog-friendly, and we all made meaningful connections. MAREJ
Sherri Marks Building, services dept. manager at NAI Summit
I work best when I am a bee in a hive. I always try to make sure that my project team is informed and engaged. I like to share work and keep everyone busy. I make a point to give folks positive reinforcement when they have a good idea or have worked hard. I try to give honest constructive criticism when needed. Do you feel being a wom- an is an advantage, disad- vantage or no advantage in today’s business world? Why? Why not? It’s hard to say if advan- tages or disadvantages are real, or just perceived. I’ve only ever been a woman, and
Made with FlippingBook - Online catalogs