2016 - May 2016 Newsletter

2016 - May 2016 Newsletter

President's Message

As I searched for the right voice and tone for my inaugural President’s Message, I visited the websites of numerous CoreNet chapters to better understand what differentiates our Northern California Chapter from other chapters.  I discovered that the size, impressive growth, and maturity as an organization of the NorCal Chapter provides a unique value proposition for our membership.  The corporate diversity of our membership,  as well as the uniqueness of the Bay Area as an incubator of innovative companies, products, services and ideas affords each of us the rare opportunity to engage a broad variety of members and businesses.  We engage one another by sharing best practices, learning of or leading emerging trends, or simply sharing a glass of wine (this is, after all, Northern California!).

Our 2016-17 Chapter year is poised to be a fantastic one.  We have a strong leadership team in place that reflects the member type, tenure, gender and generational diversity of the Chapter and the broader Northern California region.  http://nocal.corenetglobal.org/leadership1/chapterleaders1

The events calendar is full of opportunities  representing a broad spectrum of engagement options for our members. http://nocal.corenetglobal.org/events/recentcommunityeventsdashboard

Finally, the Chapter’s success would not be possible without the strong and continued support of our sponsor community, for which I am grateful.  http://nocal.corenetglobal.org/sponsorship/currentsponsors

I’ve been a CoreNet member for more than half of my 30+ year career (not sure what took me so long).  In that time, I have worked for several successful technology companies and through these transitions, CoreNet has remained a constant source of support and education.  I have had the opportunity to learn new skills through my MCR coursework and discovery forums, mentor our future leaders through our Young Leaders group & CAP program, and support diversity in our industry with our Women of CoreNet members.  It may sound cliché, but I appreciate the chance to serve as president of this amazing organization.  This role affords me the opportunity to engage in the art of volunteer leadership and to give back to an organization that has helped me be successful in this industry.  If you have questions about the Chapter or suggestions on how we can make our Chapter better and stronger, feel free to contact me at mike.bangs@oracle.com.

Mike Bangs


Featured Platinum Sponsor

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Please see Cushman & Wakefield’s Occupier Edge publication here:


The Occupier Edge is a bi-annual publication with a mission to deliver functional best practices that can be implemented globally. In this issue of Occupier Edge, you’ll read topics that are trending across the globe: active design in the workplace, the rapid growth of the sharing economy, and how the evolution of technology will change healthcare delivery. Additional articles include the growing danger posed by computer hackers as well as the increasing need for back offices and front offices to shift and therefore act as a connected hub. Cushman & Wakefield hopes these topics help spark conversations with others, leading to a happier, healthier workplace.


April Chapter Meeting Recap - Managing Business Risk

The Northern California Chapter held its April chapter meeting at Box, Inc.’s fabulous new headquarters at Kilroy Realty’s Crossings 900 development in downtown Redwood City.  This month’s program, which was entitled “Managing Business Risk” was the first in the Chapter’s three-part Spring International Series.  It featured John Bruno, vice president of global real estate, workplace and procurement at Yahoo, Inc., who shared valuable and entertaining anecdotes from his decades long career doing business internationally. Additionally, Dominic Modugno, chief compliance officer, global workplace solutions for CBRE delivered a detailed presentation designed to provide attendees with sound and actionable strategies to drive higher levels of accountability and compliance within their organizations.

Some key lessons from the program included:
    Lead by example.
    Create an ethical culture – businesses benefit from it.
    Communicate with employees and vendors, and screen them carefully.
    Address concerns immediately.
    Institute a zero-tolerance policy.
    Think globally, and drive a robust compliance program.
    Remain vigilant of potential corruption risks … anytime, anywhere.
    When in doubt, consult your regional compliance contacts. 

Recap by Erin Carew of Instigate

Women of CoreNet Update

The Women of CoreNet annual program series theme is “A Year of Inspiration,” and kicks off with a program about community volunteering focused on Habitat for Humanity followed by a day of service with Habitat for Humanity Greater San Francisco.  The June 8 program meeting will feature longtime Habitat volunteers Cathy Baird and Kalimah Salahuddin, and Habitat Homeowner Development Department Manager Angelica Resendez. The June 11 service activity will be park beautification at India Basin Shoreline Park in the Bayview neighborhood in San Francisco.

Program Details

Date: Wednesday June 8, 2016

Building 35, rooms 1A-1B
1475 Grandview Dr
South San Francisco, 94080

Time:         3:30 - Registration
                   4:00 - Program start
                   5:30 - Networking, food and drinks

Register here.

Service Activity Details

Date:  Saturday, June 11, 2016
Location:  Habitat for Humanity Park Beautification Event
India Basin Shoreline Park  (Hunters Point Blvd. & Hawes St., San Francisco)
Time:  9:00 a.m. to noon
A box lunch will be provided after the event.      

The day of service is limited to 30 people, so please sign up soon! Even if you cannot participate in the service activity, we hope to inspire you to support your community in other ways at the June program meeting.

Day of Service volunteers must follow two steps:

1.    Register for the day of service with CoreNet here:


2.    Register as a volunteer on habitatgsf.org website, here:


Follow the link above to the registration page of the Habitat website, create an account, and sign the volunteer waiver.   NOTE: Please do not register for the event on the Habitat website, as it will be a duplicate registration.  Thank you.


Young Leaders Update



Young Leaders’ Network & Roll Bocce Tournament Was A Big Success

The CoreNet Northern California Young Leaders had a fun and successful bocce ball networking event on Wednesday, April 13th at The Hidden Vine in San Francisco. An outstanding turnout made for a fun time for both young leaders and established CRE industry leaders. A competitive game of bocce ball set the stage for a unique networking experience.


CoreNet Global Update

San Jose MCR Classes

West Coast Regional CoreNet MCR classes will be given July 18 through July 21, 2016.  Among the classes offered are: Corporate Real Estate Finance, Advanced Real Estate Negotiations, Leadership & Strategy, Valuing Differences, Navigating Beyond Conflict, Enterprise Alignment and Creating Corporate Value Through Workplace Strategy.  For more information or to register, go to:


Philadelphia Summit

Early bird registration rates for the CoreNet Global Summit October 16-19 in Philadelphia expire on June 26, 2016.  If you are planning to go, sign up now and save some money:


Get Involved! Request for New CoreNet NorCal Committee Members

Get more involved in CoreNet NorCal! One of the best ways to increase your involvement and really get to know other members of CoreNet NorCal is by joining a committee. The CoreNet committees create and organize the events, meetings, programs and publications that you enjoy. Committees you can join are: Young Leaders, Special Events, Programs, Membership, Community Reinvestment, Communications, and Technology. All of our committees are looking for volunteers. If you are interested in joining a committee, please contact our Administrative Director, Michelle Lagos, at michelle.lagos@cbre.com or (415) 720-0366, and she will connect you with a committee.

Upcoming Events

Thursday, June 16, 2016 from 3:30 - 7:00 pm

Location: The City Club, San Francisco

The San Francisco Bay Area has enjoyed deep cultural and economic ties with China for more than 150 years.  As China's economy continues to mature, more and more Chinese companies are looking to establish North American headquarters and business operations San Francisco Bay Area companies can benefit by participating in one of the fastest-growing economies in the world.The Bay Area commercial real estate market is witnessing an unprecedented rise in FDI (Foreign Direct Investment) flows from China. How will these significant investments in office, retail and residential properties affect us?  This final program of our Spring/Summer International Series will feature Darlene Chiu Bryant, executive director China SF, Randall Sakamoto, executive vice president, Rosen Consulting Group, and Hans Galland, Pacific Eagle Holdings Corporation. Join us to learn about the key drivers attracting investment from China and the benefits to the Bay Area.

Learn more and register.