11-27-15

24B — November 27 - December 10, 2015 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal

www.marejournal.com

O wners , D evelopers & M anagers

Cope Linder Architect McCulley joins ACE Mentor Program BOD

ePort Logistics Center in Perth Amboy, NJ Bridge Development Partners acquires 103-acre site for dev.

Corporation and several other organizations have also ap- proached us about using the building for their gatherings. Since establishing the Media- comEntrepreneur of Tomorrow Scholarship Program in 2014, we have invited over two dozen local scholarship recipients and their families to MediacomPark to learn more about our com- pany’s rich history and interact with our executive team. From a design perspec- tive, what was themost grat- ifying part of this project? Poskanzer: Good buildings are the result of the interac- tion of three key players: The owner, the architect and the contractor. In this case, we were afforded a gracious own- er and a superior construction manager in Bergen Engineer- ing. Rocco gave us an incred- ible opportunity, and I thank him for that. It’s rare to have a client who has the desire to create an environment this interesting and noteworthy, and allocates the necessary funds to back up his dream. A building like this only occurs when the client allows it to happen. n gain momentum to become the leading project delivery sys- tem in the industry, and by the end of 2015, the Design Build Institute of America (DBIA) predicts that more than 50 percent of all projects will be Design-Build. The DBIA indi- cates that in the final analysis, Design-Build is easier for the Owner, more efficient, faster and less expensive than any other process of facility plan- ning, design and construction. Glenn Ebersole is the strategic vice president, business development/mar- keting and leads the Stra- tegic Leadership Team at Hollenbach Construction, Inc. in Boyertown, PA. n member and mentor reinforce Cope Linder’s commitment to the ACE Mentor Program and to community service in general,” said Cope Linder Ar- chitects principal and former ACE Mentor Program board member, Cheryl Smith, AIA . “Erin offers design perspective and leadership to the board while serving as a role model for students in the program.” McCulley brings 16 years of architectural experience to her role as a board member and mentor. n

working environment. Has Mediacom’s presence – and the building’s unique design – been well received in the local community? Poskanzer: Rocco’s inten- tion to be a good neighbor was clear from the beginning. The building, designed to function as a community asset, care- fully considered the location of conference and meeting spaces, training rooms, and the cafete- ria. Throughout the building, public spaces are situated so that daily visitors and special events do not disrupt Media- com’s day-to-day operations. Commisso: Early on in the planning process, we commit- ted to making our Mediacom Park facilities available for community functions. We are very proud that Mediacom Park has become a destination of choice for area organizations, as well as a beacon for economic development in Orange County and the Hudson Valley region. We recently hosted our second Leadership Orange event, a training program for a group of about 35 rising professionals from around the county. Hudson Valley Economic Development Owner Involvement: A client gets the opportunity to be directly involved from the beginning through the end of the project and is invited to have “a seat at the table” dur- ing the entire process of the design and construction. Design-Build continues to permits early and continuous input into the constructability of the design and the cost of the project based on current construction It is evident the design/build process Continuity: ADesign-Build firm is involved as the leader and guide to the Owner from start to finish, which adds an inherent efficiency. p r o j e c t m a n a g e r wi th Cope Linder Ar- c h i t e c t s , L L C h a s been named to the ACE Mentor Pro- gram East- ern Pennsylvania Affiliate board of directors. “Erin’s roles as a board Erin McCulley Philadelphia, PA — Erin McCulley, RA, LEED AP BD+C , an architect and

How has the building design changed the way Mediacom does business? Commisso: Bringing our en- gineering and IT departments into the same location as our accounting, finance, legal and operations teams has naturally enhanced efficiency. Throughout the des i gn process, Barry and his team worked very closely with my wife Catherine, who heads up corporate administration and was the true inspiration behind our new facility. Early on, they decided upon creating multiple environments to ac- commodate a variety of work styles. The result is a mix of private offices, traditional cu- bicles, conferences spaces and breakout areas throughout the building. So departments like engineering and IT have access to more team oriented work spaces, while the finance and accounting groups have greater privacy. As a national company serv- ing 1500 communities across 22 states, it’s important to bring our people together to build a collaborative corporate culture. continued from page 2B erth Amboy, NJ — Bridge Develop- ment Partners pur- chased ePort Logistics Center in Perth Amboy. As a developer of investment-grade buildings and business parks, the company acquired the 103-acre site for the purpose of developing 1.3 million s/f of speculative class A warehouse and distribution space. The industrial park will feature three buildings located at 980 High St., 1000 High St. and 960 High St., comprised of 718,200 s/f, 354,250 s/f and 220,200 s/f, respectively. Bridge will commence construction im- mediately and deliver the build- ings in 2016. “We are excited to have the opportunity to acquire such a large tract of land in one of the busiest markets in the country. The ability to construct 1.3 mil- lion s/f of distribution space on one property in such a mature P

continued from page 8B Major strategic reasons & advantages of a design-build project delivery . . .

ePort Logistics Center

In the past, our executives were forced to travel to remote offices and train small groups. The new headquarters accom- modates large-group training, which reduces travel, enriches the overall experience for staff, and reinforces the company culture. This year, Mediacom Park was the host site for a leadership training conference attended by 200 senior mem- bers of our management team from across the country. In addition to this face-to- face capability, the building is equipped with advanced video conferencing technol- ogy to accommodate virtual connectivity. Poskanzer: One of our re- sponsibilities is to promote productivity and avoid those things that impede employ- ees from doing their work. The building’s minimal design elements help simplify a com- plex work environment. As an example, we considered the relationships between manag- ers’ offices and those of their teams, as well as simplifying the employees’ journeys from car to desk, and from desk to copy room, kitchen and support take upwards of six months to document and close. Knowing your Lender and your Prop- erty’s value are first steps when attempting to resolve a problem CMBS loan. market as NJ doesn’t come along every day. The project when complete will enable companies located in the park almost in- stantaneous access to the largest consumer market in the US,” said Jeff Milanaik , principal at Bridge Development Partners. CBRE Group Inc. arranged

the sale of ePort Logistics Center with Michael Hines, Brian Fiumara and Brad Ruppel , of CBRENational Partners , and Monahan and Noah Balanoff , of CBRE’s New Jersey office. The CBRE team represented the development site’s former ownership in the transaction. n

one of the big three Special Servicers. Both the A/B note bifurca- tion and the discounted pay-off are complicated and generally continued from page 3B David Goldfisher is a principal of The Henley Group, Inc., a boutique consultancy that provides workout advi sory for CMBS loans. n Current Value vs. Future Value – Do Special Servicers . . .

Q&A: Mediacom’s custom design HQ is exceeding . . .

spaces, etc. Even restrooms were specially designed to be convenient yet unobtrusive. Has the move had a posi- tive impact on employee morale? Commisso: From an em- ployee morale perspective, the move to Mediacom Park has been extremely positive. In addition to all of the consider- ations given to the location and design of the building, we in- corporated indoor and outdoor areas where employees can discuss business and socialize. The 200-acre campus encour- ages our employees to engage in fresh-air activities, like walk- ing and outdoor dining, which, along with the fitness center, supports our company-wide healthy-living initiatives. Poskanzer: Architects create environments in which, on a subconscious level, employees feel comfortable, valued and energized. It is obvious to every Mediacom employee that their company created a special place for them to work. Building this headquarters was not a commit- tee process – it was the decision of one man to give his people the most interesting and supportive

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