34A — December 24 - January 14, 2016 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers

Vision Real Estate Partners provides management, operational support

By Robert Epstein, Jacqueline Greenberg Vogt & David Jensen Benefits result from the use of Bim Technology

uilding information modeling (BIM) has been transforming the way construction projects are designed and built. By creat- ing a three-dimensional virtual simulation of a project, BIM can reduce costs, increase qual- ity and reduce conflicts. BIM uses construction information to form a three-dimensional simulation of a construction project that can be digitally viewed, tested, modified, re- designed, constructed and deconstructed. Designers can use BIM to explore alternative concepts and optimize their designs. Contractors can use the model to “rehearse” construction, co- ordinate drawings and prepare shop and fabrication drawings. Owners can use the model to optimize building mainte- nance, renovations and energy efficiency, as well as to monitor life cycle costs. Some of the ways a project can benefit from the use of BIM are: Single Data Source: BIM al- lows project parties to capture everything known about a building in a single project da- tabase. Plans, elevations and section drawings, all generated from a single design model, are then always consistent. By having a single, unified data source, the risk of errors in data entry or translation is greatly reduced, and the risk that parties will proceed based upon conflicting information is minimized. Clash Detection: In complex construction projects, design drawings must be coordinated to assure that different build- ing systems do not clash and actually can be constructed in the allowed space. System conflicts are a primary source B Newark, NJ — Chiesa Shahinian & Giantomasi PC (CSG) , in conjunction with lead agent Jones Lang Lasalle (JLL) unveiled Ibe- ria Ironbound, a 5.2-acre mixed-use, transit-oriented development site located in Newark’s vibrant Ironbound neighborhood. The site, which is the largest contiguous de- velopment parcel in the Iron- bound’s storied history, is currently being offered for development and investment opportunities. Positioned between the bus-

Princeton South Corporate Center

Robert C. Epstein

Jacqueline Greenberg Vogt

David C. Jensen

You will be pleasantly sur- prised at what your clients will divulge to you that they never told you before. And why is this so? I will tell you why – because you never took the time to ask them. Here is a great piece of advice that may serve you well in your planning: “Always know who you are doing business with” and if you do, you will be in a much more strategic position to provide better client solu- tions because you will under- stand your clients’ real needs and goals. Strategic thinking is an art and has the power when properly used to lead the de- velopment of a well-crafted Building Design + Construc- tion magazine ranked Becker Morgan Group #55 on the 2015 Giants 300 list of the Top Architecture/Engineer- ing Firms. The report ranks leading firms in the nation’s architecture, engineering, and construction industry. The firm was also ranked among the top architecture firms in numer- ous building sectors, including The two-building Prince- ton South Corporate Center campus fronts on I-95 at the junction of Rote. 31 (Exit 4), just 10 minutes from down- town Princeton. “This is an institutional-quality asset in a unique location,” said Vision Real Estate Partners’ Sam EWING, NJ — Vision Real Estate Partners has joined one of its repeat capital partners to provide property management and operational support for Princeton South Corporate Center in Ewing. The firm’s involvement in the 268,000 s/f, class A office prop- erty represents its foray into the Princeton market.

strategically focused vision that stretches the business, raises the sense of urgency to take strategic actions, and pro- poses to change anything that might impede performance and growth. The new business year planning requires the use of strategic thinking. This will facilitate the discovery of the strategic advantages you can gain by asking your clients questions and how this will result in a successful new busi- ness year. 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 K-12 (#52), University (#103), Government (#46), and Multi- Family (#95). Additionally, the firm ranked #95 on the Top BIM Architecture Firms for use of 3D Building Information Modeling (BIM) in project plan- ning and design. Becker Morgan Group pro- vides Architecture & Engi- neering services with offices in Delaware, Maryland, and NC. n Morreale , founding and man- aging partner. “Our firm has a long-standing relationship involving multiple assets with the property’s ownership, oper- ating here as Princeton Office Center, LLC. The organiza- tion acquired Princeton South Corporate Center earlier this year, and we are pleased to be involved as a strategic partner.” Vision Real Estate Partners has established an onsite office at Princeton South Corporate Center. The firm is provid- ing property management, financial reporting and overall operational supervision in the areas of construction, capital expenditure and leasing. n

of contractor claims and un- expected delays. BIM greatly increases the ability to detect system clashes and conflicts during design review by al- lowing integration of all key systems into the model. This al- lows conflict checking to occur rapidly and accurately in three- dimensional visualization, be- fore construction begins. Take-Offs and Estimating: To determine a project’s con- struction cost, contractors traditionally perform material “take-offs” manually, a process fraught with the potential for error. With BIM, the model includes information, or can link to information, which allows a contractor to accu- rately and rapidly generate an array of essential estimating information, such as materials quantities and costs, size and area estimates, and productiv- ity projections. As changes are made, estimating information automatically adjusts, allowing greater contractor productiv- ity. Shop and Fabrication Draw- ings: Because BIM can provide accurate construction details, the models can reduce fabri- cation costs by limiting the fabricator’s detailing effort and providing greater assurance that prefabricated components will fit in the field. As a result, more construction work can be tling Ferry and Market Sts, Iberia Ironbound is poised to emerge as a landmark, mixed- use destination in Newark’s central business district. Only about 1,000 feet from Newark Penn Station, New Jersey’s largest transportation center, the development will harness the energy of Newark’s down- town, which includes a wide array of arts, entertainment, culture, and international businesses. “Iberia Ironbound is go- ing to be a game-changer for Ironbound residents, down-

performed offsite in controlled factory conditions and then efficiently installed at the site. Energy Efficiency and Build- ing Life Cycle Management: BIM models are being used to model and evaluate energy efficiency, monitor a building’s life cycle costs and optimize facilities management. BIM allows the owner to evaluate upgrades for cost-effectiveness, and provides an accurate as- built model for operations and maintenance throughout a building’s life cycle. Because BIM’s benefits are so compelling, it is transform- ing how buildings are designed and built, and redefining the traditional roles of designers, contractors, subcontractors and fabricators. With its great promise of increased produc- tivity, decreased costs, shorter delivery times and fewer dis- putes, all through true project party collaboration, BIM is on its way to becoming the stan- dard practice for all design and construction. Robert Epstein is a share- holder with Greenberg Traurig in Florham Park, where he heads the con- struction group. Jacqueline Greenberg Vogt and David Jensen are of counsel in the construction group. This ar- ticle is presented for infor- mational purposes only. n town workers, and Newark’s economy as a whole,” said Francis Giantomasi , mem- ber at CSG, lead counsel for Iberia Ironbound. “Not only will it bridge two of Newark’s most exciting and dynamic neighborhoods, but it’s also positioned to become its own standalone destination for liv- ing, shopping and dining for the surrounding region.” Iberia Ironbound is likely to leverage the abundant de- mand for rental housing and retail options in the immedi- ate vicinity. n

Becker Morgan Group ranks in Building Design + Construction Giants 300 Report

continued from page 12A A strategic approach to planning for 2016 – Ask questions internally & . . .

Chiesa Shahinian & Giantomasi PC and JLL unveil Iberia Ironboundmixed-use development site in Newark, New Jersey

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