What are your predictions for commercial real estate in 2012?
The mission critical facility market has been less impacted by the economic slowdown than other sectors of the industry. This trend is going to continue. I predict 14% growth in data center development in 2012 and an accelerated growth in the next five years.
What was your greatest professional accomplishment in 2011?
2011 was a year of a rapid growth for our Mission Critical engineering and project management firm. Our clients continue to retain us for new assignments, both in the U.S. and internationally. IBS hired 10 more mission critical engineering professionals, doubled its revenues and expanded its headquarters offices. We broadened the scope of services and made significant investments in software to streamline and accelerate the design and project management processes. Our services now include Computational Fluid Dynamics (CFD) modeling and Data Center Infrastructure Management (DCIM).
What was your most notable project, deal or transaction in 2011?
IBS served as project director for the conversion of a 220,000 s/f office building into a data center in Wakefield, MA. IBS developed the master plan and managed the phased redevelopment program.
The conversion program encompassed an 8,700 s/f Data Center, 8MW electrical service, 2,000-ton central cooling plant, structural upgrades, and core and shell modifications.
What are some of your resolutions for 2012?
In 2012, we will focus on expanding our client base in the United States and internationally, particularly in the real estate, finance, telecommunications/media and enterprise sectors. We will continue to expand the scope of value-added services offered to developers and users of data centers in order to maintain our position as the leading turn-key consultant to the mission critical facility industry.
strong>2026 Ones to Watch - Rising Stars Spotlight out now! This is the second installment of NYREJ's annual Ones to Watch series recognizing standout emerging professionals whose drive, talent, and fresh perspective are helping shape the future of New York’s commercial real estate industry. This Spotlight features professionals on the rise and their achievements in the CRE industry.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial