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HomeMy WebLinkAbout2024-06-27 PL-INT-2024-008070 Colliers International, Hawaii Category PL.5 DeVera, Ashley From: Hamasu, Mike <Mike.Hamasu@colliers.com> Sent: Thursday, June 27, 2024 10:54 AM To: Planning Internet Mail Cc: Suphan, Jane Subject: Colliers: Community Planning and Economist=Social Science Professional Services Applications Attachments: Colliers Intl - PL.4) Community Planning.pdf; Colliers Intl - PL.5) Community Planning.pdf; Colliers Intl - PL.11) Economist-Social Science.pdf Hi County of Hawaii— Attached are the application forms for Community Planning and Economist-Social Science for FY 25. Colliers would like to be included on the vendor list. Aloha, Mike Mike Hamasu Consulting and Research Director I Hawaii mike.hamasu@colliers.com Direct: +1 808 523 9792 Cell: 808-721-9323 Main: +1 808 524 2666 I Fax: +1 808 545 5689 220 S King Street, Suite 1800 I Honolulu, HI 96813 I USA 0 0 0 colliers.com I View Privacy Policy Colliers Sustainable business practices start with the smallest things: please consider reading this e-mail online instead of printing. 1 Colliers 220 South King Street, Suite 1800 June 27, 2024 Honolulu, Hawaii 96813 Phone: 808.524.2666 Fax: 808.523.9792 Mr. Zendo Kern www.colliers.com Planning Director Planning Department, County of Hawaii 101 Pauahi Street, Suite 3 Hilo, HI 96720 Attn: planning@hawaiicounty.gov Re: Professional Services Application FY 2025: Letter of Interest — Community Planning (Community/Regional Plans, General Plan, Climate Adaptation) Dear Mr. Kern, Colliers International, Hawaii is submitting this letter of interest for the Professional Services Application for the category of Community Planning (Community/Regional Plans, General Plan, Climate Adaptation). Our hope is to be included as a potential vendor for any future County of Hawaii commercial real estate project solicitations. Established in 1973, Colliers International, Hawaii has grown into one of the largest commercial real estate consulting, brokerage and property management firms in Hawaii. The Colliers Hawaii consulting team has been actively involved advising developers, investors and financial lenders for their commercial real estate components of their planned developments. Some of our recent projects include: • Master Planned Communities - Conducted residential, retail and industrial market assessment demand studies for development projects located in Waiawa, Kunia, Kihei and Kailua Kona. • University of Hilo 2018 Campus Extension Commercial Market Demand Study. • Commercial market assessment and demand study for DHHL site in North Kona. • Conducted master planning effort for Liliuokalani Trust's Makalapua development site in the Kailua Kona area. For any questions relating to this submittal letter or our qualifications, please feel free to contact me at 808-523-9792 or mike.hamasu@colliers.com or you may also contact Nanette Vinton at 808-523-9764. We look forward to hearing from you. Sincerely, COLLIERS INTERNATIONAL HI, LLC APIP Mike Hamasu Director of Consulting and Research 1 Colliers 111 STATEMENT OF QUALIFICATIONS COUNTY OF HAWAI'I—COMMUNITY PLANNING(COMMUNITY/REGIONAL PLANS, GENERAL PLAN,CLIMATE ADAPTATION) FIRM APPLYING: COLLIERS INTERNATIONAL,HAWAII LOCATION OF OPERATIONS: MAIN:HONOLULU,HI WAIKOLOA,HI 220 S.KING STREET, STE. 1800 68-18445 WAIKOLOA RD. HONOLULU,HI 96813 WAIKOLOA,HI 96738 WAILUKU,HI PO BOX 3138 790 EHA STREET WAILUKU,HI 96793 AGE OF FIRM: NUMBER OF EMPLOYEES: ESTABLISHED IN 1973—51 YEARS 123 KEY MEMBERS OF REAL ESTATE CONSULTING DIVISION: MIKE HAMASU NANETTE VINTON(S) Director of Consulting and Research Project Manager MBA—San Francisco State University MBA—Hawaii Pacific University Twenty-five years real estate consulting experience Twenty years real estate consulting experience Consulted on more than$2.0 billion in developments Worked with KPMG and CBRE REFERENCES:PAST PROJECTS 1. SCOTT RODIE—BANK OF HAWAII 808-694-4556 2. ASHLEY FLYNN—LILIUOKALANI TRUST 808-348-9394 3. STANFORD CARR—STANFORD CARR DEVELOPMENT 808-537-5220 4. MICHELE OTAKE—CASTLE&COOKE 808-271-2634 5. AEDWARD LOS BANOS -HCDA 808-594-0343 1 Colliers 111 RECENT PROJECTS: 1. HCDA Kakaako Commercial Demand Study—2011 2. Artspace Residential Market Demand and Feasibility Study —2013 3. Lend Lease Kunia Master Plan Demand and Feasibility Study —2015 4. Kakaako Office Condo Demand and Pricing Study—2016 5. HCDA Kakaako Makai Market Studies—2016 6. HCDA Kakaako and Kalaeloa Optimization Project—2017 7. Neal Blaisdell Center Retail Market Assessment-2018 8. Cell Tower Research Study—2019 9. Mill Town Market Assessment and Auction/Lease Process Review Study —2019 10. East Kapolei Strategic Land Plans—2019 11. HTDC Hilo Market Assessment Project—2020 12. HICDC Papaaloa Rental Housing Market Study —2020 13. HICDC Hale Ola 0 Mohouli Hilo Rental Apartment Market Study—2021 14. DLNR Commercial Lands Portfolio Assessment Study—2022-2024 15. Castle&Cooke Koa Ridge Commercial Market Demand Studies—2023 16. Liliuokalani Trust Makalapua Commercial and Industrial Market Demand Studies-2024 2 COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services .,,,,,,, GY ,, CCa _,". ,, .,� • Cts 'Y(,upp4 „' .. ,rvPi�r , _,„i C . _____.„..--„,„5 1.7,,; ,',", , . , - • : -- ,..r r . . .:, _ y -_.: .zt,,,,--7-,,-, „6.,.,..,,,,,,,,.,,.T ....L,P..-M1,,,,,,,L j ..-- II ... „......, ii - - _ :f ' � cam. " . Ali . '-- tea. ..,. ._ '. _ 1 gy Iii' �.,� -f. _-.. • -^ ./� - ,. .,y, �, I . ..'.,,':-..,.7-,JP • ,.,}.`.� ti '+S;[... .. T=>sq � ,..� �.. ter. 1. - H AWA I I Colliers International ' 220 South King Street Colliers Suite 1800 INTERNATIONAL Honolulu, HI 96813 www.colliers.com COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services What is THE G LOBAL DIFFERENCE ? Colliers INTERNATIONAL ��7�)777777777� . COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111� }######ttffftutnw' t���333333333��3����3 srererererereNi ti THE GLOBAL DIFFERENCE Colliers International operates globally — as one organization, and one brand, speaking with one voice. With more than 5,000 professionals in over 480 offices in 61 countries, Colliers International has become the premiere real estate services organization in the world. Colliers Hawaii Consulting ("CHC") is the Hawaii office of Colliers International. Our local knowledge combined with our global reach provides us with unparalleled expertise. The blending of "big picture" real estate advisory services with practical local market consulting gives our clients the timely market analysis needed to make well-informed strategic decisions. CMI Consulting&Research HAWAII _s —' Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services S 1 rp ABOUT COLLIERS HAWAII OUR LOCAL EXPERTISE CONSULTING &ADVISORY SERVICES Since 1973, CHC has been actively involved in CHC is the largest commercial real estate thousands of lease and sales transactions and brokerage, third party property management and thoroughly understands the dynamics of the real estate advisory services company in Hawaii. commercial real estate market place. This The CHC Consulting & Research team ("CHC") is transaction data forms the foundation of our one of the company's primary lines of business and real estate knowledge and experience. is dedicated to commercial real estate research, analysis and maximizing the profitability of real The cultural diversity and unique business property. Our goal is to provide a fully integrated customs of Hawaii make it a challenging solution that responds to our client's needs. marketplace to navigate. CHC's in-depth local market intelligence and far-reaching community network enables us to provide our clients with the essential tools to more effectively manage and avoid potential pitfalls. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services OUR CLIENT PHILOSOPHY Partner with each client: • Carefully identify and understand client's key business strategies • Create customized real estate solutions that meet business objectives • Deliver service excellence • Design an integrated service offering that best serves the individual client • Ensure that clients' entire range of property -411.11111 needs are met Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services THE FOUNDATION : ACCURATE AND TIMELY DATA COLLECTION & ANALYSES Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services THE FOUNDATION: ACCURATE AND TIMELY COLLECTION OF DEMOGRAPHIC, ECONOMIC AND REAL ESTATE TREND INFORMATION By focusing on the capture of meaningful transaction and market information, CHC is able to translate this timely data into an effective strategic development plan.This forms the foundation of our advisory services philosophy and is the backdrop of all our market-supported recommendations. • With nearly 40 years of market knowledge with the widest network of real estate professionals in the State of Hawaii, we not only understand the current conditions, but how we got there and why we got to where we are. kfOr • Knowing the players and the influencers is important in a small marketplace; it is often the difference between IAL getting a permit approved quickly or being faced with lengthy unnecessary delay. CHC understands the challenges of navigating our local market and can often help streamline a process. • CHC is the only firm in Hawaii to have conducted commercial real estate market research for more than twenty years. Our market surveys track vacancy, net absorption, rents, property sales and other meaningful data points. • CHC has the largest long-standing historical database of commercial and industrial properties, lease comparables and sales transactions.This data provides CHC with vital information on how to effectively structure a deal, determine appropriate market rents and establish ideal market return targets. • CHC conducts external primary research to assist clients with a wide array of real estate decisions. Data includes market demographics, pedestrian counts, parking costs, construction cost trends, financing rates and terms, and many more... Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING ` , Consulting & Research Advisory Services sssss3111sssiiissi j44.A rte, 1t �t 17 IIIS ACCURATE ANALYSES: DEMOGRAPHIC, ECONOMIC AND REAL ESTATE TRENDS CHC regularly reports on the impact of demographic and economic trends on commercial real estate. CHC is the only firm in Hawaii to have a full-time staff devoted to evaluating and forecasting commercial real estate market trends. The real estate market is volatile and constantly changing. Our devotion to keeping our clients informed of these market changes has made us the industry standard for investors, financial institutions, developers and landlords throughout the State of Hawaii. We constantly keep our pulse on the following information: • Market Statistics — Inventory, vacancy rates, net absorption, rental rates, sales prices, commercial property sales,cap rates,and land values. • Demographic Information — Population, household income,consumer expenditures,and so on. • Economic Data — Employment, inflation,visitor arrivals and expenditures,tax base,etc. • Political Issues— Legislation, proposed bills, government spending, education, planning and permitting, land use and zoning. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services SERVICE OFFERINGS: A shift in the economy, a change in market conditions, a financial crises, all give rise to capitalizing on underutilized real estate. CHC has the tools and expertise to help you navigate through complex real estate issues. VISION PLANNING 4 @' � VALUATION --•. ,� - MARKET ANALYSIS 1111 CLIENT • MARKET ANALYSIS • DEMOGRAPHIC ANALYSIS • PROPERTY POTENTIAL PROPERTY DEMOGRAPHIC •VALUATION POTENTIAL ANALYSIS ,xA •VISION PLANNING Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services . 10, it II A • �I :.� 0 111 1111 ,, ,s.. :.. il lit erg,:, .�.'•• •• +� •Itt 41 r. 1 Rr _ - • • Nl1\RIKET1\N..I1\LYSIS: ;41` , •;, lig•T r r•�• .• �s •. espy - . 111 %is " 1 r , 4 t • •. rd r -... • ••."•' .: s. i� R , u • 4$4,1' .� ti = Mr! -��° Un erstanding current and historical market statistics is h i ! . i iibassii the baseline of well- informed decision making. s / •'• •,,., w", :c , IA ,F. :. ,p &''fl" . S �., .,* k , 0.e�3,* W 4, ^. � � �` - INTERNATIONAL +, f fit,"r.p # �+ •N+"R�, ''. .., x'. Colliers �: . Mir ��7�)777777777� . COLLIERS HAWAII CONSULTING '?,NN Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111��� }######ttffftutnw' t��3333333333 srererererereNi ti MARKET ANALYSIS Issues to solve: • How much should we build? • What rents or prices are possible? CHC utilizes an extensive • Where will the market demand be in transaction database and the front line" the future? knowledge of its brokers • Where should we locate our office? to thoroughly analyze • What market are we missing? current and future market conditions. We solve these issues by conducting: • Supply and Demand Analysis • Trend Analysis • Forecasting • Market Rent Studies • Thematic Maps Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services A. ir Xw • le IA 111 �}r �� nmfi SI k, al • �„ ..... • d� f 1 ,, . w -,.. u IIP . -, ' ) '4)illi ' r: : *" All ..: .' e. - ,,, 1,"!" :4'.'.i: 4:.4 w. 011% P • • v A 1 , , DEMOG PAPH IC NA . YS Silk ... , : , ilk The underlying driver ' a1 , 00114 estate market conditions is the Rik mer. We consistentl track Y pulse of the marketplace. " �� Colliers INTERNATIONAL o, 111111 , s j "_ ��7�)777777777� . COLLIERS HAWAII CONSULTING '?,NN Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111��� }######ttffftutnw' ��3333333333,3 srererererereNi ti DEMOGRAPHIC ANALYSIS Issues to solve: New developments, trends, • Will my retail store be successful and technology all impact here? consumer behavior. CHC • What is my target market? can provide the research • Who is my competition? you need to more • Will there be enough demand for thoroughly understand my product? your client base. We solve these issues by conducting: • Consumer/Tenant Trends • Target Market Analysis • GIS Thematic Mapping y.. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services vi 1,............,__. , 4 ‘, 4100000, 'I, H im Ire ' PROPIENTIAL . . ow ca , • . - . , i iii,,, 7. 4 1- posirio7 y. ourit)ro • , or ii a A i XIMUM * -,„ _ ...it, '..-,-.. 1,0.- . _ ; - ,....„ _ 4,.... ,,......„.... -, ,, . 011,_ ,..:_ - - , - '1141fr,-._ - - - : - "--- Cr4 .. , . 1 111;1° wo tO ,t .., ..ga .,„ 4., , ... .,. 44. 34, Wilit40,' 1, o _iers INTERNATIONAL 4 , ' t * ' L 1 I I 1 1 I I li•, ,i,,,, A ..., „silk ';�7�)777777777` . COLLIERS HAWAII CONSULTING ` , Consulting & Research Advisory Services mma {{{{{{f ffff' SSS llsssssssssssttssst,,:, b7ririririririgg PROPERTY POTENTIAL Issues to solve: • What should we build? Market and demographic I • What size of development? analysis form the basis of • What kind of return can I expect? determining a property's • Is this a financially viable potential. Whether you are development? an investor or owner/user, • Which tenants would be idea for the economic bottom-line is this development? at the core of decision- making. CHC can assist you • Can I save money on my property in properly positioning your taxes? to make the most o property f current and future market We solve these issues by conducting: conditions. • Highest and Best Use Studies • Development Feasibility Studies • Land Residual Analysis • Site Plan Review • Tenant Mix/ Merchandising Plan • Property Financial Performance • Tax Assessment Appeal Assistance Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services w .. Iii t tit I */ Iijj r . ... VALUATION . , , , t , „ , . . In the face of constant change and market challenges, a property valuation is key to sound real estate decisions. Colliers INTERNATIONAL R % ��7�)777777777� . COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb SSiSii ,i34 4t >111111111111111111� }######ttffftutnw' t���333333333��3����3 ;;rerererereNi ti VALUATION CHC provides valuation Issues to solve: services to private • How much is my property worth? investors, owner/users, • What can I sell this for? tenants, and the public • What should I offer for this property? sector. We utilize our unmatched market • What can I rent this space for? database and frontline • Should I invest or wait? insights from brokers to more accurately estimate We solve these issues by conducting: property value. •Broker Opinion of Value/Appraisal* • Market Rent Study • Lease versus Buy Analysis • Development Cost Analysis *CHC is not a real estate appraisal firm. Full property appraisals will be provided by CHC's affiliate, First Service PGP Valuation. feomorillbaslit Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services 1 04 Nth,„ pri719(r4 f£, 44, a ISI 4A4 i 11 . lisr 100 4 :ISI - P AN T INS ,_ , .., , , i , ,__ -. Vision plannin analyzes „ tiI real estate portfolio • f i , � �L- - `T' holdi om ared to pp _. short-term rind long-term business and financial assumptions and needs. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services VISION PLANNING Our Vision Planning Services include: Vision Planning entails an in-depth strategic look at a • Portfolio Review property portfolio. Using • Site Selection various analysis tools, CHC • Industry Benchmarking assists businesses in • Acquisition/Disposition Strategy aligning real estate • Property Marketing strategies with overall • Due Diligence Assistance company goals and • Corporate Real Estate Services** objectives. ** Provided by Colliers Studio. Colliers INTERNATIONAL ��7�)777777777� � 331J3{ COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r t{{{fit{{{(((( ��bb SSiSii�������,i34 4t >111111111111111111 }######ttffftutnw' 1rerererereNi ti CLIENT LIST CHC has worked for a long list of notable clientele which include: Forest City Hawaii Hawaiian Telcom A&B Properties Hawaii Pacific Health American Savings Bank HMSA Brookfield Development Hunt Development Group Castle & Cooke Jacoby Development Central Pacific Bank James Campbell Corporation Credit Suisse Kamehameha Schools DeBartolo Development Kisco Senior Care Department of Business, Economic The MacNaughton Group Development and Tourism McDonald's Restaurants of Hawaii Department of Hawaiian Home Lands Mid Pac Petroleum Department of Land and Natural Resources Outrigger Properties Department of the Navy Office of Hawaiian Affairs Department of Planning & Permitting Queen Emma Land Company DFS Hawaii Robertson Properties, Inc. DR Horton REIT Management & Research, LLC Easter Seals Servco Pacific First Hawaiian Bank `ern • RNATIONAL 70777777777 ,, COLLIERS HAWAII CONSULTING � `N, Consulting & Research Advisory Services k , i)mc{{fit{{{((((s� k >111111111111111111��� ;}######ttfff*, RESUMES �ttttttttttttttttttttt --- 17- ''''7 Michael Y. Hamasu, Director of Consulting and Research I mike.hamasu@colliers.com I 808 523 9792 COMPANY EXPERIENCE Michael brings to Colliers Hawaii Consulting, Inc. over 24 years of marketing and marketing research experience. Michael has directed research efforts at commercial brokerages with a focus on providing information to assist in strategic decision making for real estate investors and brokerage clientele. This effort I reported on nearly 600 million square feet of commercial/industrial properties in the San Francisco Bay Area. t M`, Having been quoted in the Wall Street Journal, USA Today, Real Estate Forum and Commercial Property News A as well as other regional publications, Michael has been recognized for his detailed analysis of the commercial real estate marketplace. During his tenure at Whitney Cressman Limited, he elevated this boutique real estate firm's research information to become the recognized source for commercial real estate trend analysis and forecasts. Further, he has managed the primary and secondary research efforts in the collection of commercial office, retail and industrial market information and statistics. These market factors such as: vacancy rates, absorption, net effective rents,and sales comparables are evaluated and used to advise developers, investors, property owners,and tenants on current and future market conditions. Nanette C. Macapanpan, Research Consultant/Real Estate Analyst I nanette.macapanpan@colliers.com I 808 523 9764 COMPANY EXPERIENCE /sr �' Nanette brings more than 15 years experience in consulting and brokerage to the commercial and _ residential real estate industries. Her consulting experience includes numerous financial and market analyses, as well as feasibility studies and valuations of various institutional grade properties and developments in Hawaii and the mainland. On the brokerage front, she has managed and performed the marketing, valuation, and due diligence processes of real estate assets in the $5 million to $50 million plus range and has been involved in the sale of over $150 million of various commercial real estate assets in Hawaii. Mark Arakawa, Marketing Coordinator I mark.arakawa@colliers.com I 808 523 8370 COMPANY EXPERIENCE Mark has more than 6 years of experience in commercial real estate research and marketing. He began as a Research Assistant and has worked his way up to Marketing Coordinator. On the research front, he is ill responsible for the company's mapping and GIS services,as well as the CHC proprietary property database. His marketing responsibilities include marketing material creation and distribution, as well as website media design and maintenance. aalk ir I \ Colliers INTERNATIONAL Colliers INTERNATIONAL Colliers International 220 South King Street Suite 1800 Honolulu, HI 96813 www.colliers.com For more in formation,please contact: MikeY. Hamasu Nanette Macapanpan (808) 523-9792 (808) 523-9764 mike.hamasu@colliers.com nanette.macapanpan@colliers.com 40. Michael Y. Hamasu Colliers DIRECTOR OF CONSULTING & RESEARCH INTERNATIONAL mike.hamasu©colliers.com AREA OF EXPERTISE PROFESSIONAL EXPERIENCE EDUCATION AND Michael brings to Colliers International over Whitney Cressman Limited —Commercial QUALIFICATIONS 25 years of marketing and marketing Real Estate Marketing Research Director San Francisco State research experience. Michael has directed Directed brokerage, internal research efforts, University Masters of Business research efforts at commercial brokerages and generated real estate consulting Administration (MBA) with a focus on providing information to assignments at a busy boutique firm in San University of Hawaii assist in strategic decision making for real Francisco Bay area. Served as the principal Bachelors in Business estate investors and brokerage clientele. liaison to press and media. Analyzed office, Administration (BBA) This effort reported on nearly 600 million retail, and development site criteria for square feet of commercial/industrial market demand and feasibility. properties in the San Francisco Bay Area. CONTACT DETAILS Cushman &Wakefield—Commercial Real DIR +1 808 523 9792 Having been quoted in the Wall Street Estate Research Services Manager FAX +1 808 523 9792 Journal, USA Today, Real Estate Forum and Oversaw the compilation of market analytics Commercial Property News as well as other for 600 million square foot commercial and Colliers International regional publications, Michael has been industrial markets throughout the San 220 S. King Street, recognized for his detailed analysis of the Francisco Bay area. Recognized nationally Suite 1800 commercial real estate marketplace and has and regionally for innovative data Honolulu, Hawaii 96813 become the recognized source for management and analysis. Selected to www.colliers.com commercial real estate trend analysis and serve on a national career development forecasts for Hawaii's marketplace. board for research services. Directed research staff of 12 in five Bay area markets. In addition to managing the primary and Identified by brokers as a manager secondary research efforts in the collection achieving service excellence. of commercial office, retail and industrial market information and statistics, Michael established the company's real estate CONSULTING EXPERIENCE consulting division. Utilizing market factors • Development Feasibility Analysis such as: vacancy rates, absorption, net • Market Demand and Absorption Report effective rents, and sales comparables, this • Broker Opinion of Value consulting unit is able to advise developers, investors, property owners, and tenants on ' Highest and Best Use Studies current and projected market trends. • Real Estate Portfolio Analysis • Strategic Positioning Study • Market Rent and Vacancy Forecasts Accelerating success. Nanette M . Vinton (S)4 Colliers RESEARCH CONSULTANT /PROJECT MANAGER INTERNATIONAL tqiir 1111111111111111110 nanette.vinton©colliers.com AREA OF EXPERTISE Bishop Hawk—Sales and Leasing EDUCATION AND Nanette brings more than 15 years Consultant, Office Properties QUALIFICATIONS experience in consulting and brokerage to Responsibilities included sourcing and Hawaii Real Estate servicing domestic and foreign commercial Salesperson License the commercial and residential real estate real estate client relationships for office and industries. Her consulting experience R&D properties in Silicon Valley. Hawaii Pacific University includes numerous financial and market Masters of Business Administration (MBA) analyses, as well as feasibility studies and CONSULTING EXPERIENCE valuations of various institutional grade • Property Underwriting and Due Diligence San Jose State University properties and developments in Hawaii and Bachelors in Business • Broker Opinion of Value Administration (BBA) on the mainland. On the brokerage front, she has managed and performed the • Real Estate Portfolio Analysis marketing, valuation, and due diligence • Strategic Planning Assistance CONTACT DETAILS processes of real estate assets in the $5 • Development Feasibility Analysis million to $50 million plus range and has DR +1 808 523 9764 Highest hest and Best Use Studies FAx +1 808 523 9764 been involved in the sale of over$150 • Market Supply and Demand Studies million of various commercial real estate Colliers International assets in Hawaii. • Market Rent and Vacancy Forecasts 220 S. King Street, Suite 1800 PROFESSIONAL EXPERIENCE Honolulu, Hawaii 96813 KPMG, LLP—Senior Associate, Real Estate & Hospitality Advisory Services www.colliers.com Served as project team leader and advised clientele which included private investors and owners (real estate and non-real estate companies), government agencies, and industry trade organizations. CB Richard Ellis, Inc. —Marketing Specialist, Asia Pacific Advisory Group Assisted the investment property group by managing and implementing marketing and due diligence processes, performing property valuations and financial analyses, and conducting market research studies. Accelerating success. Colliers 220 South King Street, Suite 1800 June 27, 2024 Honolulu, Hawaii 96813 Phone: 808.524.2666 Fax: 808.523.9792 Mr. Zendo Kern www.colliers.com Planning Director Planning Department, County of Hawaii 101 Pauahi Street, Suite 3 Hilo, HI 96720 Attn: planning@hawaiicounty.gov Re: Professional Services Application FY 2025: Letter of Interest — Community Planning (Environmental Planning, Environmental Assessments, Environmental Impact Statements) Dear Mr. Kern, Colliers International, Hawaii is submitting this letter of interest for the Professional Services Application for the category of Community Planning (Environmental Planning, Environmental Assessments, Environmental Impact Statements). Our hope is to be included as a potential vendor for any future County of Hawaii commercial real estate project solicitations. Established in 1973, Colliers International, Hawaii has grown into one of the largest commercial real estate consulting, brokerage and property management firms in Hawaii. The Colliers Hawaii consulting team has been actively involved advising developers, investors and financial lenders for their commercial real estate components of their planned developments. Some of our recent projects include: • Master Planned Communities -Conducted residential, retail and industrial market assessment demand studies for development projects located in Waiawa, Kunia, Kihei and Kailua Kona. • University of Hilo 2018 Campus Extension Commercial Market Demand Study. • Commercial market assessment and demand study for DHHL site in North Kona. • Conducted master planning effort for Liliuokalani Trust's Makalapua development site in the Kailua Kona area. For any questions relating to this submittal letter or our qualifications, please feel free to contact me at 808-523-9792 or mike.hamasu@colliers.com or you may also contact Nanette Vinton at 808-523-9764. We look forward to hearing from you. Sincerely, COLLIERS INTERNATIONAL HI, LLC Mike Hamasu Director of Consulting and Research 1 Colliers 111 STATEMENT OF QUALIFICATIONS COUNTY OF HAWAI'I—COMMUNITY PLANNING(ENVIRONMENTAL PLANNING, ENVIRONMENTAL ASSESSMENTS,ENVIRONMENTAL IMPACT STATEMENTS) FIRM APPLYING: COLLIERS INTERNATIONAL,HAWAII LOCATION OF OPERATIONS: MAIN:HONOLULU,HI WAIKOLOA,HI 220 S.KING STREET, STE. 1800 68-18445 WAIKOLOA RD. HONOLULU,HI 96813 WAIKOLOA,HI 96738 WAILUKU,HI PO BOX 3138 790 EHA STREET WAILUKU,HI 96793 AGE OF FIRM: NUMBER OF EMPLOYEES: ESTABLISHED IN 1973—51 YEARS 123 KEY MEMBERS OF REAL ESTATE CONSULTING DIVISION: MIKE HAMASU NANETTE VINTON(S) Director of Consulting and Research Project Manager MBA—San Francisco State University MBA—Hawaii Pacific University Twenty-five years real estate consulting experience Twenty years real estate consulting experience Consulted on more than$2.0 billion in developments Worked with KPMG and CBRE REFERENCES:PAST PROJECTS 1. SCOTT RODIE—BANK OF HAWAII 808-694-4556 2. ASHLEY FLYNN—LILIUOKALANI TRUST 808-348-9394 3. STANFORD CARR—STANFORD CARR DEVELOPMENT 808-537-5220 4. MICHELE OTAKE—CASTLE&COOKE 808-271-2634 5. AEDWARD LOS BANOS -HCDA 808-594-0343 1 Colliers 111 RECENT PROJECTS: 1. HCDA Kakaako Commercial Demand Study—2011 2. Artspace Residential Market Demand and Feasibility Study —2013 3. Lend Lease Kunia Master Plan Demand and Feasibility Study —2015 4. Kakaako Office Condo Demand and Pricing Study—2016 5. HCDA Kakaako Makai Market Studies—2016 6. HCDA Kakaako and Kalaeloa Optimization Project—2017 7. Neal Blaisdell Center Retail Market Assessment-2018 8. Cell Tower Research Study—2019 9. Mill Town Market Assessment and Auction/Lease Process Review Study —2019 10. East Kapolei Strategic Land Plans—2019 11. HTDC Hilo Market Assessment Project—2020 12. HICDC Papaaloa Rental Housing Market Study —2020 13. HICDC Hale Ola 0 Mohouli Hilo Rental Apartment Market Study—2021 14. DLNR Commercial Lands Portfolio Assessment Study—2022-2024 15. Castle&Cooke Koa Ridge Commercial Market Demand Studies—2023 16. Liliuokalani Trust Makalapua Commercial and Industrial Market Demand Studies -2024 2 COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services .,,,,,,, GY ,, CCa _,". ,, .,� • Cts 'Y(,upp4 „' .. ,rvPi�r , _,„i C . _____.„..--„,„5 1.7,,; ,',", , . , - • : -- ,..r r . . .:, _ y -_.: .zt,,,,--7-,,-, „6.,.,..,,,,,,,,.,,.T ....L,P..-M1,,,,,,,L j ..-- II ... „......, ii - - _ :f ' � cam. " . Ali . '-- tea. ..,. ._ '. _ 1 gy Iii' �.,� -f. _-.. • -^ ./� - ,. .,y, �, I . ..'.,,':-..,.7-,JP • ,.,}.`.� ti '+S;[... .. T=>sq � ,..� �.. ter. 1. - H AWA I I Colliers International ' 220 South King Street Colliers Suite 1800 INTERNATIONAL Honolulu, HI 96813 www.colliers.com COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services What is THE G LOBAL DIFFERENCE ? Colliers INTERNATIONAL ��7�)777777777� . COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111� }######ttffftutnw' t���333333333��3����3 srererererereNi ti THE GLOBAL DIFFERENCE Colliers International operates globally — as one organization, and one brand, speaking with one voice. With more than 5,000 professionals in over 480 offices in 61 countries, Colliers International has become the premiere real estate services organization in the world. Colliers Hawaii Consulting ("CHC") is the Hawaii office of Colliers International. Our local knowledge combined with our global reach provides us with unparalleled expertise. The blending of "big picture" real estate advisory services with practical local market consulting gives our clients the timely market analysis needed to make well-informed strategic decisions. CMI Consulting&Research HAWAII _s —' Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services S 1 rp ABOUT COLLIERS HAWAII OUR LOCAL EXPERTISE CONSULTING &ADVISORY SERVICES Since 1973, CHC has been actively involved in CHC is the largest commercial real estate thousands of lease and sales transactions and brokerage, third party property management and thoroughly understands the dynamics of the real estate advisory services company in Hawaii. commercial real estate market place. This The CHC Consulting & Research team ("CHC") is transaction data forms the foundation of our one of the company's primary lines of business and real estate knowledge and experience. is dedicated to commercial real estate research, analysis and maximizing the profitability of real The cultural diversity and unique business property. Our goal is to provide a fully integrated customs of Hawaii make it a challenging solution that responds to our client's needs. marketplace to navigate. CHC's in-depth local market intelligence and far-reaching community network enables us to provide our clients with the essential tools to more effectively manage and avoid potential pitfalls. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services OUR CLIENT PHILOSOPHY Partner with each client: • Carefully identify and understand client's key business strategies • Create customized real estate solutions that meet business objectives • Deliver service excellence • Design an integrated service offering that best serves the individual client • Ensure that clients' entire range of property -411.11111 needs are met Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services THE FOUNDATION : ACCURATE AND TIMELY DATA COLLECTION & ANALYSES Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services THE FOUNDATION: ACCURATE AND TIMELY COLLECTION OF DEMOGRAPHIC, ECONOMIC AND REAL ESTATE TREND INFORMATION By focusing on the capture of meaningful transaction and market information, CHC is able to translate this timely data into an effective strategic development plan.This forms the foundation of our advisory services philosophy and is the backdrop of all our market-supported recommendations. • With nearly 40 years of market knowledge with the widest network of real estate professionals in the State of Hawaii, we not only understand the current conditions, but how we got there and why we got to where we are. kfOr • Knowing the players and the influencers is important in a small marketplace; it is often the difference between IAL getting a permit approved quickly or being faced with lengthy unnecessary delay. CHC understands the challenges of navigating our local market and can often help streamline a process. • CHC is the only firm in Hawaii to have conducted commercial real estate market research for more than twenty years. Our market surveys track vacancy, net absorption, rents, property sales and other meaningful data points. • CHC has the largest long-standing historical database of commercial and industrial properties, lease comparables and sales transactions.This data provides CHC with vital information on how to effectively structure a deal, determine appropriate market rents and establish ideal market return targets. • CHC conducts external primary research to assist clients with a wide array of real estate decisions. Data includes market demographics, pedestrian counts, parking costs, construction cost trends, financing rates and terms, and many more... Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING ` , Consulting & Research Advisory Services sssss3111sssiiissi j44.A rte, 1t �t 17 IIIS ACCURATE ANALYSES: DEMOGRAPHIC, ECONOMIC AND REAL ESTATE TRENDS CHC regularly reports on the impact of demographic and economic trends on commercial real estate. CHC is the only firm in Hawaii to have a full-time staff devoted to evaluating and forecasting commercial real estate market trends. The real estate market is volatile and constantly changing. Our devotion to keeping our clients informed of these market changes has made us the industry standard for investors, financial institutions, developers and landlords throughout the State of Hawaii. We constantly keep our pulse on the following information: • Market Statistics — Inventory, vacancy rates, net absorption, rental rates, sales prices, commercial property sales,cap rates,and land values. • Demographic Information — Population, household income,consumer expenditures,and so on. • Economic Data — Employment, inflation,visitor arrivals and expenditures,tax base,etc. • Political Issues— Legislation, proposed bills, government spending, education, planning and permitting, land use and zoning. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services SERVICE OFFERINGS: A shift in the economy, a change in market conditions, a financial crises, all give rise to capitalizing on underutilized real estate. CHC has the tools and expertise to help you navigate through complex real estate issues. VISION PLANNING 4 @' � VALUATION --•. ,� - MARKET ANALYSIS 1111 CLIENT • MARKET ANALYSIS • DEMOGRAPHIC ANALYSIS • PROPERTY POTENTIAL PROPERTY DEMOGRAPHIC •VALUATION POTENTIAL ANALYSIS ,xA •VISION PLANNING Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services . 10, it II A • �I :.� 0 111 1111 ,, ,s.. :.. il lit erg,:, .�.'•• •• +� •Itt 41 r. 1 Rr _ - • • Nl1\RIKET1\N..I1\LYSIS: ;41` , •;, lig•T r r•�• .• �s •. espy - . 111 %is " 1 r , 4 t • •. rd r -... • ••."•' .: s. i� R , u • 4$4,1' .� ti = Mr! -��° Un erstanding current and historical market statistics is h i ! . i iibassii the baseline of well- informed decision making. s / •'• •,,., w", :c , IA ,F. :. ,p &''fl" . S �., .,* k , 0.e�3,* W 4, ^. � � �` - INTERNATIONAL +, f fit,"r.p # �+ •N+"R�, ''. .., x'. Colliers �: . Mir ��7�)777777777� . COLLIERS HAWAII CONSULTING '?,NN Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111��� }######ttffftutnw' t��3333333333 srererererereNi ti MARKET ANALYSIS Issues to solve: • How much should we build? • What rents or prices are possible? CHC utilizes an extensive • Where will the market demand be in transaction database and the front line" the future? knowledge of its brokers • Where should we locate our office? to thoroughly analyze • What market are we missing? current and future market conditions. We solve these issues by conducting: • Supply and Demand Analysis • Trend Analysis • Forecasting • Market Rent Studies • Thematic Maps Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services A. ir Xw • le IA 111 �}r �� nmfi SI k, al • �„ ..... • d� f 1 ,, . w -,.. u IIP . -, ' ) '4)illi ' r: : *" All ..: .' e. - ,,, 1,"!" :4'.'.i: 4:.4 w. 011% P • • v A 1 , , DEMOG PAPH IC NA . YS Silk ... , : , ilk The underlying driver ' a1 , 00114 estate market conditions is the Rik mer. We consistentl track Y pulse of the marketplace. " �� Colliers INTERNATIONAL o, 111111 , s j "_ ��7�)777777777� . COLLIERS HAWAII CONSULTING '?,NN Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111��� }######ttffftutnw' ��3333333333,3 srererererereNi ti DEMOGRAPHIC ANALYSIS Issues to solve: New developments, trends, • Will my retail store be successful and technology all impact here? consumer behavior. CHC • What is my target market? can provide the research • Who is my competition? you need to more • Will there be enough demand for thoroughly understand my product? your client base. We solve these issues by conducting: • Consumer/Tenant Trends • Target Market Analysis • GIS Thematic Mapping y.. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services vi 1,............,__. , 4 ‘, 4100000, 'I, H im Ire ' PROPIENTIAL . . ow ca , • . - . , i iii,,, 7. 4 1- posirio7 y. ourit)ro • , or ii a A i XIMUM * -,„ _ ...it, '..-,-.. 1,0.- . _ ; - ,....„ _ 4,.... ,,......„.... -, ,, . 011,_ ,..:_ - - , - '1141fr,-._ - - - : - "--- Cr4 .. , . 1 111;1° wo tO ,t .., ..ga .,„ 4., , ... .,. 44. 34, Wilit40,' 1, o _iers INTERNATIONAL 4 , ' t * ' L 1 I I 1 1 I I li•, ,i,,,, A ..., „silk ';�7�)777777777` . COLLIERS HAWAII CONSULTING ` , Consulting & Research Advisory Services mma {{{{{{f ffff' SSS llsssssssssssttssst,,:, b7ririririririgg PROPERTY POTENTIAL Issues to solve: • What should we build? Market and demographic I • What size of development? analysis form the basis of • What kind of return can I expect? determining a property's • Is this a financially viable potential. Whether you are development? an investor or owner/user, • Which tenants would be idea for the economic bottom-line is this development? at the core of decision- making. CHC can assist you • Can I save money on my property in properly positioning your taxes? to make the most o property f current and future market We solve these issues by conducting: conditions. • Highest and Best Use Studies • Development Feasibility Studies • Land Residual Analysis • Site Plan Review • Tenant Mix/ Merchandising Plan • Property Financial Performance • Tax Assessment Appeal Assistance Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services w .. Iii t tit I */ Iijj r . ... VALUATION . , , , t , „ , . . In the face of constant change and market challenges, a property valuation is key to sound real estate decisions. Colliers INTERNATIONAL R % ��7�)777777777� . COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb SSiSii ,i34 4t >111111111111111111� }######ttffftutnw' t���333333333��3����3 ;;rerererereNi ti VALUATION CHC provides valuation Issues to solve: services to private • How much is my property worth? investors, owner/users, • What can I sell this for? tenants, and the public • What should I offer for this property? sector. We utilize our unmatched market • What can I rent this space for? database and frontline • Should I invest or wait? insights from brokers to more accurately estimate We solve these issues by conducting: property value. •Broker Opinion of Value/Appraisal* • Market Rent Study • Lease versus Buy Analysis • Development Cost Analysis *CHC is not a real estate appraisal firm. Full property appraisals will be provided by CHC's affiliate, First Service PGP Valuation. feomorillbaslit Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services 1 04 Nth,„ pri719(r4 f£, 44, a ISI 4A4 i 11 . lisr 100 4 :ISI - P AN T INS ,_ , .., , , i , ,__ -. Vision plannin analyzes „ tiI real estate portfolio • f i , � �L- - `T' holdi om ared to pp _. short-term rind long-term business and financial assumptions and needs. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services VISION PLANNING Our Vision Planning Services include: Vision Planning entails an in-depth strategic look at a • Portfolio Review property portfolio. Using • Site Selection various analysis tools, CHC • Industry Benchmarking assists businesses in • Acquisition/Disposition Strategy aligning real estate • Property Marketing strategies with overall • Due Diligence Assistance company goals and • Corporate Real Estate Services** objectives. ** Provided by Colliers Studio. Colliers INTERNATIONAL ��7�)777777777� � 331J3{ COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r t{{{fit{{{(((( ��bb SSiSii�������,i34 4t >111111111111111111 }######ttffftutnw' 1rerererereNi ti CLIENT LIST CHC has worked for a long list of notable clientele which include: Forest City Hawaii Hawaiian Telcom A&B Properties Hawaii Pacific Health American Savings Bank HMSA Brookfield Development Hunt Development Group Castle & Cooke Jacoby Development Central Pacific Bank James Campbell Corporation Credit Suisse Kamehameha Schools DeBartolo Development Kisco Senior Care Department of Business, Economic The MacNaughton Group Development and Tourism McDonald's Restaurants of Hawaii Department of Hawaiian Home Lands Mid Pac Petroleum Department of Land and Natural Resources Outrigger Properties Department of the Navy Office of Hawaiian Affairs Department of Planning & Permitting Queen Emma Land Company DFS Hawaii Robertson Properties, Inc. DR Horton REIT Management & Research, LLC Easter Seals Servco Pacific First Hawaiian Bank `ern • RNATIONAL 70777777777 ,, COLLIERS HAWAII CONSULTING � `N, Consulting & Research Advisory Services k , i)mc{{fit{{{((((s� k >111111111111111111��� ;}######ttfff*, RESUMES �ttttttttttttttttttttt --- 17- ''''7 Michael Y. Hamasu, Director of Consulting and Research I mike.hamasu@colliers.com I 808 523 9792 COMPANY EXPERIENCE Michael brings to Colliers Hawaii Consulting, Inc. over 24 years of marketing and marketing research experience. Michael has directed research efforts at commercial brokerages with a focus on providing information to assist in strategic decision making for real estate investors and brokerage clientele. This effort I reported on nearly 600 million square feet of commercial/industrial properties in the San Francisco Bay Area. t M`, Having been quoted in the Wall Street Journal, USA Today, Real Estate Forum and Commercial Property News A as well as other regional publications, Michael has been recognized for his detailed analysis of the commercial real estate marketplace. During his tenure at Whitney Cressman Limited, he elevated this boutique real estate firm's research information to become the recognized source for commercial real estate trend analysis and forecasts. Further, he has managed the primary and secondary research efforts in the collection of commercial office, retail and industrial market information and statistics. These market factors such as: vacancy rates, absorption, net effective rents,and sales comparables are evaluated and used to advise developers, investors, property owners,and tenants on current and future market conditions. Nanette C. Macapanpan, Research Consultant/Real Estate Analyst I nanette.macapanpan@colliers.com I 808 523 9764 COMPANY EXPERIENCE /sr �' Nanette brings more than 15 years experience in consulting and brokerage to the commercial and _ residential real estate industries. Her consulting experience includes numerous financial and market analyses, as well as feasibility studies and valuations of various institutional grade properties and developments in Hawaii and the mainland. On the brokerage front, she has managed and performed the marketing, valuation, and due diligence processes of real estate assets in the $5 million to $50 million plus range and has been involved in the sale of over $150 million of various commercial real estate assets in Hawaii. Mark Arakawa, Marketing Coordinator I mark.arakawa@colliers.com I 808 523 8370 COMPANY EXPERIENCE Mark has more than 6 years of experience in commercial real estate research and marketing. He began as a Research Assistant and has worked his way up to Marketing Coordinator. On the research front, he is ill responsible for the company's mapping and GIS services,as well as the CHC proprietary property database. His marketing responsibilities include marketing material creation and distribution, as well as website media design and maintenance. aalk ir I \ Colliers INTERNATIONAL Colliers INTERNATIONAL Colliers International 220 South King Street Suite 1800 Honolulu, HI 96813 www.colliers.com For more in formation,please contact: MikeY. Hamasu Nanette Macapanpan (808) 523-9792 (808) 523-9764 mike.hamasu@colliers.com nanette.macapanpan@colliers.com 40. Michael Y. Hamasu Colliers DIRECTOR OF CONSULTING & RESEARCH INTERNATIONAL mike.hamasu©colliers.com AREA OF EXPERTISE PROFESSIONAL EXPERIENCE EDUCATION AND Michael brings to Colliers International over Whitney Cressman Limited —Commercial QUALIFICATIONS 25 years of marketing and marketing Real Estate Marketing Research Director San Francisco State research experience. Michael has directed Directed brokerage, internal research efforts, University Masters of Business research efforts at commercial brokerages and generated real estate consulting Administration (MBA) with a focus on providing information to assignments at a busy boutique firm in San University of Hawaii assist in strategic decision making for real Francisco Bay area. Served as the principal Bachelors in Business estate investors and brokerage clientele. liaison to press and media. Analyzed office, Administration (BBA) This effort reported on nearly 600 million retail, and development site criteria for square feet of commercial/industrial market demand and feasibility. properties in the San Francisco Bay Area. CONTACT DETAILS Cushman &Wakefield—Commercial Real DIR +1 808 523 9792 Having been quoted in the Wall Street Estate Research Services Manager FAX +1 808 523 9792 Journal, USA Today, Real Estate Forum and Oversaw the compilation of market analytics Commercial Property News as well as other for 600 million square foot commercial and Colliers International regional publications, Michael has been industrial markets throughout the San 220 S. King Street, recognized for his detailed analysis of the Francisco Bay area. Recognized nationally Suite 1800 commercial real estate marketplace and has and regionally for innovative data Honolulu, Hawaii 96813 become the recognized source for management and analysis. Selected to www.colliers.com commercial real estate trend analysis and serve on a national career development forecasts for Hawaii's marketplace. board for research services. Directed research staff of 12 in five Bay area markets. In addition to managing the primary and Identified by brokers as a manager secondary research efforts in the collection achieving service excellence. of commercial office, retail and industrial market information and statistics, Michael established the company's real estate CONSULTING EXPERIENCE consulting division. Utilizing market factors • Development Feasibility Analysis such as: vacancy rates, absorption, net • Market Demand and Absorption Report effective rents, and sales comparables, this • Broker Opinion of Value consulting unit is able to advise developers, investors, property owners, and tenants on ' Highest and Best Use Studies current and projected market trends. • Real Estate Portfolio Analysis • Strategic Positioning Study • Market Rent and Vacancy Forecasts Accelerating success. Nanette M . Vinton (S)4 Colliers RESEARCH CONSULTANT /PROJECT MANAGER INTERNATIONAL tqiir 1111111111111111110 nanette.vinton©colliers.com AREA OF EXPERTISE Bishop Hawk—Sales and Leasing EDUCATION AND Nanette brings more than 15 years Consultant, Office Properties QUALIFICATIONS experience in consulting and brokerage to Responsibilities included sourcing and Hawaii Real Estate servicing domestic and foreign commercial Salesperson License the commercial and residential real estate real estate client relationships for office and industries. Her consulting experience R&D properties in Silicon Valley. Hawaii Pacific University includes numerous financial and market Masters of Business Administration (MBA) analyses, as well as feasibility studies and CONSULTING EXPERIENCE valuations of various institutional grade • Property Underwriting and Due Diligence San Jose State University properties and developments in Hawaii and Bachelors in Business • Broker Opinion of Value Administration (BBA) on the mainland. On the brokerage front, she has managed and performed the • Real Estate Portfolio Analysis marketing, valuation, and due diligence • Strategic Planning Assistance CONTACT DETAILS processes of real estate assets in the $5 • Development Feasibility Analysis million to $50 million plus range and has DR +1 808 523 9764 Highest hest and Best Use Studies FAx +1 808 523 9764 been involved in the sale of over$150 • Market Supply and Demand Studies million of various commercial real estate Colliers International assets in Hawaii. • Market Rent and Vacancy Forecasts 220 S. King Street, Suite 1800 PROFESSIONAL EXPERIENCE Honolulu, Hawaii 96813 KPMG, LLP—Senior Associate, Real Estate & Hospitality Advisory Services www.colliers.com Served as project team leader and advised clientele which included private investors and owners (real estate and non-real estate companies), government agencies, and industry trade organizations. CB Richard Ellis, Inc. —Marketing Specialist, Asia Pacific Advisory Group Assisted the investment property group by managing and implementing marketing and due diligence processes, performing property valuations and financial analyses, and conducting market research studies. Accelerating success. Colliers 220 South King Street, Suite 1800 June 21, 2024 Honolulu, Hawaii 96813 Phone: 808.524.2666 Fax: 808.523.9792 Mr. Zendo Kern www.colliers.com Planning Director Planning Department, County of Hawaii 101 Pauahi Street, Suite 3 Hilo, HI 96720 Attn: planning@hawaiicounty.gov Re: Professional Services Application FY 2025: Letter of Interest — Economist/Social Science To Whom it May Concern, Colliers International, Hawaii is submitting this letter of interest for the Professional Services Application for the category of Economist/Social Science. Our hope is to be included as a potential vendor for any future County of Hawaii commercial real estate project solicitations. Established in 1973, Colliers International, Hawaii has grown into one of the largest commercial real estate consulting, brokerage and property management firms in Hawaii. The Colliers Hawaii consulting team has been actively involved advising developers, investors and financial lenders for their commercial real estate components of their planned developments. Some of our recent projects include: • Honolulu City and County Department of Planning and Permitting General Plan Update — provided 25 year projections for commercial real estate. • Provided Queen Liliuokalani Trust master planning and market demand study for Makalapua development site in Kailua Kona. • Commercial Real Estate Trends Report for Bank of Hawaii. Created and updated 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, and 2023 market trends reports for commercial lending and risk analysis. For any questions relating to this submittal letter or our qualifications, please feel free to contact me at 808-523-9792 or mike.hamasu@colliers.com or you may also contact Nanette Vinton at 808-523-9764. We look forward to hearing from you. Sincerely, COLLIERS INTERNATIONAL HI, LLC Mike Hamasu Director of Consulting and Research 1 Colliers 111 STATEMENT OF QUALIFICATIONS COUNTY OF HAWAI'I—ECONOMIST/SOCIAL SCIENCE FIRM APPLYING: COLLIERS INTERNATIONAL,HAWAII LOCATION OF OPERATIONS: MAIN:HONOLULU,HI WAIKOLOA,HI 220 S.KING STREET, STE. 1800 68-18445 WAIKOLOA RD. HONOLULU,HI 96813 WAIKOLOA,HI 96738 WAILUKU,HI PO BOX 3138 790 EHA STREET WAILUKU,HI 96793 AGE OF FIRM: NUMBER OF EMPLOYEES: ESTABLISHED IN 1973—51 YEARS 123 KEY MEMBERS OF REAL ESTATE CONSULTING DIVISION: MIKE HAMASU NANETTE VINTON(S) Director of Consulting and Research Project Manager MBA—San Francisco State University MBA—Hawaii Pacific University Twenty-five years real estate consulting experience Twenty years real estate consulting experience Consulted on more than$2.0 billion in developments Worked with KPMG and CBRE REFERENCES:PAST PROJECTS 1. SCOTT RODIE—BANK OF HAWAII 808-694-4556 2. ASHLEY FLYNN—LILIUOKALANI TRUST 808-348-9394 3. STANFORD CARR—STANFORD CARR DEVELOPMENT 808-537-5220 4. MICHELE OTAKE—CASTLE&COOK 808-271-2634 5. AEDWARD LOS BANOS -HCDA 808-594-0343 1 Colliers 111 RECENT PROJECTS: 1. HCDA Kakaako Commercial Demand Study—2011 2. City&County of Honolulu General Plan Update-2011 3. Artspace Residential Market Demand and Feasibility Study —2013 4. Lend Lease Kunia Master Plan Demand and Feasibility Study —2015 5. Kakaako Office Condo Demand and Pricing Study—2016 6. HCDA Kakaako Makai Market Studies—2016 7. Bank of Hawaii Commercial Real Estate Trends Report 2016-2023 8. HCDA Kakaako and Kalaeloa Optimization Project—2017 9. Neal Blaisdell Center Retail Market Assessment-2018 10. Cell Tower Research Study—2019 11. Mill Town Market Assessment and Auction/Lease Process Review Study —2019 12. East Kapolei Strategic Land Plans—2019 13. HTDC Hilo Market Assessment Project—2020 14. HICDC Papaaloa Rental Housing Market Study —2020 15. HICDC Hale Ola 0 Mohouli Hilo Rental Apartment Market Study—2021 16. DLNR Commercial Lands Portfolio Assessment Study—2022-2024 17. Castle&Cooke Koa Ridge Commercial Market Demand Studies—2023 18. Liliuokalani Trust Makalapua Commercial and Industrial Market Demand Studies -2024 2 COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services .,,,,,,, GY ,, CCa _,". ,, .,� • Cts 'Y(,upp4 „' .. ,rvPi�r , _,„i C . _____.„..--„,„5 1.7,,; ,',", , . , - • : -- ,..r r . . .:, _ y -_.: .zt,,,,--7-,,-, „6.,.,..,,,,,,,,.,,.T ....L,P..-M1,,,,,,,L j ..-- II ... „......, ii - - _ :f ' � cam. " . Ali . '-- tea. ..,. ._ '. _ 1 gy Iii' �.,� -f. _-.. • -^ ./� - ,. .,y, �, I . ..'.,,':-..,.7-,JP • ,.,}.`.� ti '+S;[... .. T=>sq � ,..� �.. ter. 1. - H AWA I I Colliers International ' 220 South King Street Colliers Suite 1800 INTERNATIONAL Honolulu, HI 96813 www.colliers.com COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services What is THE G LOBAL DIFFERENCE ? Colliers INTERNATIONAL ��7�)777777777� . COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111� }######ttffftutnw' t���333333333��3����3 srererererereNi ti THE GLOBAL DIFFERENCE Colliers International operates globally — as one organization, and one brand, speaking with one voice. With more than 5,000 professionals in over 480 offices in 61 countries, Colliers International has become the premiere real estate services organization in the world. Colliers Hawaii Consulting ("CHC") is the Hawaii office of Colliers International. Our local knowledge combined with our global reach provides us with unparalleled expertise. The blending of "big picture" real estate advisory services with practical local market consulting gives our clients the timely market analysis needed to make well-informed strategic decisions. CMI Consulting&Research HAWAII _s —' Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services S 1 rp ABOUT COLLIERS HAWAII OUR LOCAL EXPERTISE CONSULTING &ADVISORY SERVICES Since 1973, CHC has been actively involved in CHC is the largest commercial real estate thousands of lease and sales transactions and brokerage, third party property management and thoroughly understands the dynamics of the real estate advisory services company in Hawaii. commercial real estate market place. This The CHC Consulting & Research team ("CHC") is transaction data forms the foundation of our one of the company's primary lines of business and real estate knowledge and experience. is dedicated to commercial real estate research, analysis and maximizing the profitability of real The cultural diversity and unique business property. Our goal is to provide a fully integrated customs of Hawaii make it a challenging solution that responds to our client's needs. marketplace to navigate. CHC's in-depth local market intelligence and far-reaching community network enables us to provide our clients with the essential tools to more effectively manage and avoid potential pitfalls. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services OUR CLIENT PHILOSOPHY Partner with each client: • Carefully identify and understand client's key business strategies • Create customized real estate solutions that meet business objectives • Deliver service excellence • Design an integrated service offering that best serves the individual client • Ensure that clients' entire range of property -411.11111 needs are met Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services THE FOUNDATION : ACCURATE AND TIMELY DATA COLLECTION & ANALYSES Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services THE FOUNDATION: ACCURATE AND TIMELY COLLECTION OF DEMOGRAPHIC, ECONOMIC AND REAL ESTATE TREND INFORMATION By focusing on the capture of meaningful transaction and market information, CHC is able to translate this timely data into an effective strategic development plan.This forms the foundation of our advisory services philosophy and is the backdrop of all our market-supported recommendations. • With nearly 40 years of market knowledge with the widest network of real estate professionals in the State of Hawaii, we not only understand the current conditions, but how we got there and why we got to where we are. kfOr • Knowing the players and the influencers is important in a small marketplace; it is often the difference between IAL getting a permit approved quickly or being faced with lengthy unnecessary delay. CHC understands the challenges of navigating our local market and can often help streamline a process. • CHC is the only firm in Hawaii to have conducted commercial real estate market research for more than twenty years. Our market surveys track vacancy, net absorption, rents, property sales and other meaningful data points. • CHC has the largest long-standing historical database of commercial and industrial properties, lease comparables and sales transactions.This data provides CHC with vital information on how to effectively structure a deal, determine appropriate market rents and establish ideal market return targets. • CHC conducts external primary research to assist clients with a wide array of real estate decisions. Data includes market demographics, pedestrian counts, parking costs, construction cost trends, financing rates and terms, and many more... Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING ` , Consulting & Research Advisory Services sssss3111sssiiissi j44.A rte, 1t �t 17 IIIS ACCURATE ANALYSES: DEMOGRAPHIC, ECONOMIC AND REAL ESTATE TRENDS CHC regularly reports on the impact of demographic and economic trends on commercial real estate. CHC is the only firm in Hawaii to have a full-time staff devoted to evaluating and forecasting commercial real estate market trends. The real estate market is volatile and constantly changing. Our devotion to keeping our clients informed of these market changes has made us the industry standard for investors, financial institutions, developers and landlords throughout the State of Hawaii. We constantly keep our pulse on the following information: • Market Statistics — Inventory, vacancy rates, net absorption, rental rates, sales prices, commercial property sales,cap rates,and land values. • Demographic Information — Population, household income,consumer expenditures,and so on. • Economic Data — Employment, inflation,visitor arrivals and expenditures,tax base,etc. • Political Issues— Legislation, proposed bills, government spending, education, planning and permitting, land use and zoning. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services SERVICE OFFERINGS: A shift in the economy, a change in market conditions, a financial crises, all give rise to capitalizing on underutilized real estate. CHC has the tools and expertise to help you navigate through complex real estate issues. VISION PLANNING 4 @' � VALUATION --•. ,� - MARKET ANALYSIS 1111 CLIENT • MARKET ANALYSIS • DEMOGRAPHIC ANALYSIS • PROPERTY POTENTIAL PROPERTY DEMOGRAPHIC •VALUATION POTENTIAL ANALYSIS ,xA •VISION PLANNING Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services . 10, it II A • �I :.� 0 111 1111 ,, ,s.. :.. il lit erg,:, .�.'•• •• +� •Itt 41 r. 1 Rr _ - • • Nl1\RIKET1\N..I1\LYSIS: ;41` , •;, lig•T r r•�• .• �s •. espy - . 111 %is " 1 r , 4 t • •. rd r -... • ••."•' .: s. i� R , u • 4$4,1' .� ti = Mr! -��° Un erstanding current and historical market statistics is h i ! . i iibassii the baseline of well- informed decision making. s / •'• •,,., w", :c , IA ,F. :. ,p &''fl" . S �., .,* k , 0.e�3,* W 4, ^. � � �` - INTERNATIONAL +, f fit,"r.p # �+ •N+"R�, ''. .., x'. Colliers �: . Mir ��7�)777777777� . COLLIERS HAWAII CONSULTING '?,NN Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111��� }######ttffftutnw' t��3333333333 srererererereNi ti MARKET ANALYSIS Issues to solve: • How much should we build? • What rents or prices are possible? CHC utilizes an extensive • Where will the market demand be in transaction database and the front line" the future? knowledge of its brokers • Where should we locate our office? to thoroughly analyze • What market are we missing? current and future market conditions. We solve these issues by conducting: • Supply and Demand Analysis • Trend Analysis • Forecasting • Market Rent Studies • Thematic Maps Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services A. ir Xw • le IA 111 �}r �� nmfi SI k, al • �„ ..... • d� f 1 ,, . w -,.. u IIP . -, ' ) '4)illi ' r: : *" All ..: .' e. - ,,, 1,"!" :4'.'.i: 4:.4 w. 011% P • • v A 1 , , DEMOG PAPH IC NA . YS Silk ... , : , ilk The underlying driver ' a1 , 00114 estate market conditions is the Rik mer. We consistentl track Y pulse of the marketplace. " �� Colliers INTERNATIONAL o, 111111 , s j "_ ��7�)777777777� . COLLIERS HAWAII CONSULTING '?,NN Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb >111111111111111111��� }######ttffftutnw' ��3333333333,3 srererererereNi ti DEMOGRAPHIC ANALYSIS Issues to solve: New developments, trends, • Will my retail store be successful and technology all impact here? consumer behavior. CHC • What is my target market? can provide the research • Who is my competition? you need to more • Will there be enough demand for thoroughly understand my product? your client base. We solve these issues by conducting: • Consumer/Tenant Trends • Target Market Analysis • GIS Thematic Mapping y.. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services vi 1,............,__. , 4 ‘, 4100000, 'I, H im Ire ' PROPIENTIAL . . ow ca , • . - . , i iii,,, 7. 4 1- posirio7 y. ourit)ro • , or ii a A i XIMUM * -,„ _ ...it, '..-,-.. 1,0.- . _ ; - ,....„ _ 4,.... ,,......„.... -, ,, . 011,_ ,..:_ - - , - '1141fr,-._ - - - : - "--- Cr4 .. , . 1 111;1° wo tO ,t .., ..ga .,„ 4., , ... .,. 44. 34, Wilit40,' 1, o _iers INTERNATIONAL 4 , ' t * ' L 1 I I 1 1 I I li•, ,i,,,, A ..., „silk ';�7�)777777777` . COLLIERS HAWAII CONSULTING ` , Consulting & Research Advisory Services mma {{{{{{f ffff' SSS llsssssssssssttssst,,:, b7ririririririgg PROPERTY POTENTIAL Issues to solve: • What should we build? Market and demographic I • What size of development? analysis form the basis of • What kind of return can I expect? determining a property's • Is this a financially viable potential. Whether you are development? an investor or owner/user, • Which tenants would be idea for the economic bottom-line is this development? at the core of decision- making. CHC can assist you • Can I save money on my property in properly positioning your taxes? to make the most o property f current and future market We solve these issues by conducting: conditions. • Highest and Best Use Studies • Development Feasibility Studies • Land Residual Analysis • Site Plan Review • Tenant Mix/ Merchandising Plan • Property Financial Performance • Tax Assessment Appeal Assistance Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services w .. Iii t tit I */ Iijj r . ... VALUATION . , , , t , „ , . . In the face of constant change and market challenges, a property valuation is key to sound real estate decisions. Colliers INTERNATIONAL R % ��7�)777777777� . COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r �i33333333{3{3{�{(3(shb SSiSii ,i34 4t >111111111111111111� }######ttffftutnw' t���333333333��3����3 ;;rerererereNi ti VALUATION CHC provides valuation Issues to solve: services to private • How much is my property worth? investors, owner/users, • What can I sell this for? tenants, and the public • What should I offer for this property? sector. We utilize our unmatched market • What can I rent this space for? database and frontline • Should I invest or wait? insights from brokers to more accurately estimate We solve these issues by conducting: property value. •Broker Opinion of Value/Appraisal* • Market Rent Study • Lease versus Buy Analysis • Development Cost Analysis *CHC is not a real estate appraisal firm. Full property appraisals will be provided by CHC's affiliate, First Service PGP Valuation. feomorillbaslit Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services 1 04 Nth,„ pri719(r4 f£, 44, a ISI 4A4 i 11 . lisr 100 4 :ISI - P AN T INS ,_ , .., , , i , ,__ -. Vision plannin analyzes „ tiI real estate portfolio • f i , � �L- - `T' holdi om ared to pp _. short-term rind long-term business and financial assumptions and needs. Colliers INTERNATIONAL COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services VISION PLANNING Our Vision Planning Services include: Vision Planning entails an in-depth strategic look at a • Portfolio Review property portfolio. Using • Site Selection various analysis tools, CHC • Industry Benchmarking assists businesses in • Acquisition/Disposition Strategy aligning real estate • Property Marketing strategies with overall • Due Diligence Assistance company goals and • Corporate Real Estate Services** objectives. ** Provided by Colliers Studio. Colliers INTERNATIONAL ��7�)777777777� � 331J3{ COLLIERS HAWAII CONSULTING Consulting & Research Advisory Services { r t{{{fit{{{(((( ��bb SSiSii�������,i34 4t >111111111111111111 }######ttffftutnw' 1rerererereNi ti CLIENT LIST CHC has worked for a long list of notable clientele which include: Forest City Hawaii Hawaiian Telcom A&B Properties Hawaii Pacific Health American Savings Bank HMSA Brookfield Development Hunt Development Group Castle & Cooke Jacoby Development Central Pacific Bank James Campbell Corporation Credit Suisse Kamehameha Schools DeBartolo Development Kisco Senior Care Department of Business, Economic The MacNaughton Group Development and Tourism McDonald's Restaurants of Hawaii Department of Hawaiian Home Lands Mid Pac Petroleum Department of Land and Natural Resources Outrigger Properties Department of the Navy Office of Hawaiian Affairs Department of Planning & Permitting Queen Emma Land Company DFS Hawaii Robertson Properties, Inc. DR Horton REIT Management & Research, LLC Easter Seals Servco Pacific First Hawaiian Bank `ern • RNATIONAL 70777777777 ,, COLLIERS HAWAII CONSULTING � `N, Consulting & Research Advisory Services k , i)mc{{fit{{{((((s� k >111111111111111111��� ;}######ttfff*, RESUMES �ttttttttttttttttttttt --- 17- ''''7 Michael Y. Hamasu, Director of Consulting and Research I mike.hamasu@colliers.com I 808 523 9792 COMPANY EXPERIENCE Michael brings to Colliers Hawaii Consulting, Inc. over 24 years of marketing and marketing research experience. Michael has directed research efforts at commercial brokerages with a focus on providing information to assist in strategic decision making for real estate investors and brokerage clientele. This effort I reported on nearly 600 million square feet of commercial/industrial properties in the San Francisco Bay Area. t M`, Having been quoted in the Wall Street Journal, USA Today, Real Estate Forum and Commercial Property News A as well as other regional publications, Michael has been recognized for his detailed analysis of the commercial real estate marketplace. During his tenure at Whitney Cressman Limited, he elevated this boutique real estate firm's research information to become the recognized source for commercial real estate trend analysis and forecasts. Further, he has managed the primary and secondary research efforts in the collection of commercial office, retail and industrial market information and statistics. These market factors such as: vacancy rates, absorption, net effective rents,and sales comparables are evaluated and used to advise developers, investors, property owners,and tenants on current and future market conditions. Nanette C. Macapanpan, Research Consultant/Real Estate Analyst I nanette.macapanpan@colliers.com I 808 523 9764 COMPANY EXPERIENCE /sr �' Nanette brings more than 15 years experience in consulting and brokerage to the commercial and _ residential real estate industries. Her consulting experience includes numerous financial and market analyses, as well as feasibility studies and valuations of various institutional grade properties and developments in Hawaii and the mainland. On the brokerage front, she has managed and performed the marketing, valuation, and due diligence processes of real estate assets in the $5 million to $50 million plus range and has been involved in the sale of over $150 million of various commercial real estate assets in Hawaii. Mark Arakawa, Marketing Coordinator I mark.arakawa@colliers.com I 808 523 8370 COMPANY EXPERIENCE Mark has more than 6 years of experience in commercial real estate research and marketing. He began as a Research Assistant and has worked his way up to Marketing Coordinator. On the research front, he is ill responsible for the company's mapping and GIS services,as well as the CHC proprietary property database. His marketing responsibilities include marketing material creation and distribution, as well as website media design and maintenance. aalk ir I \ Colliers INTERNATIONAL Colliers INTERNATIONAL Colliers International 220 South King Street Suite 1800 Honolulu, HI 96813 www.colliers.com For more in formation,please contact: MikeY. Hamasu Nanette Macapanpan (808) 523-9792 (808) 523-9764 mike.hamasu@colliers.com nanette.macapanpan@colliers.com 40. Michael Y. Hamasu Colliers DIRECTOR OF CONSULTING & RESEARCH INTERNATIONAL mike.hamasu©colliers.com AREA OF EXPERTISE PROFESSIONAL EXPERIENCE EDUCATION AND Michael brings to Colliers International over Whitney Cressman Limited —Commercial QUALIFICATIONS 25 years of marketing and marketing Real Estate Marketing Research Director San Francisco State research experience. Michael has directed Directed brokerage, internal research efforts, University Masters of Business research efforts at commercial brokerages and generated real estate consulting Administration (MBA) with a focus on providing information to assignments at a busy boutique firm in San University of Hawaii assist in strategic decision making for real Francisco Bay area. Served as the principal Bachelors in Business estate investors and brokerage clientele. liaison to press and media. Analyzed office, Administration (BBA) This effort reported on nearly 600 million retail, and development site criteria for square feet of commercial/industrial market demand and feasibility. properties in the San Francisco Bay Area. CONTACT DETAILS Cushman &Wakefield—Commercial Real DIR +1 808 523 9792 Having been quoted in the Wall Street Estate Research Services Manager FAX +1 808 523 9792 Journal, USA Today, Real Estate Forum and Oversaw the compilation of market analytics Commercial Property News as well as other for 600 million square foot commercial and Colliers International regional publications, Michael has been industrial markets throughout the San 220 S. King Street, recognized for his detailed analysis of the Francisco Bay area. Recognized nationally Suite 1800 commercial real estate marketplace and has and regionally for innovative data Honolulu, Hawaii 96813 become the recognized source for management and analysis. Selected to www.colliers.com commercial real estate trend analysis and serve on a national career development forecasts for Hawaii's marketplace. board for research services. Directed research staff of 12 in five Bay area markets. In addition to managing the primary and Identified by brokers as a manager secondary research efforts in the collection achieving service excellence. of commercial office, retail and industrial market information and statistics, Michael established the company's real estate CONSULTING EXPERIENCE consulting division. Utilizing market factors • Development Feasibility Analysis such as: vacancy rates, absorption, net • Market Demand and Absorption Report effective rents, and sales comparables, this • Broker Opinion of Value consulting unit is able to advise developers, investors, property owners, and tenants on ' Highest and Best Use Studies current and projected market trends. • Real Estate Portfolio Analysis • Strategic Positioning Study • Market Rent and Vacancy Forecasts Accelerating success. Nanette M . Vinton (S)4 Colliers RESEARCH CONSULTANT /PROJECT MANAGER INTERNATIONAL tqiir 1111111111111111110 nanette.vinton©colliers.com AREA OF EXPERTISE Bishop Hawk—Sales and Leasing EDUCATION AND Nanette brings more than 15 years Consultant, Office Properties QUALIFICATIONS experience in consulting and brokerage to Responsibilities included sourcing and Hawaii Real Estate servicing domestic and foreign commercial Salesperson License the commercial and residential real estate real estate client relationships for office and industries. Her consulting experience R&D properties in Silicon Valley. Hawaii Pacific University includes numerous financial and market Masters of Business Administration (MBA) analyses, as well as feasibility studies and CONSULTING EXPERIENCE valuations of various institutional grade • Property Underwriting and Due Diligence San Jose State University properties and developments in Hawaii and Bachelors in Business • Broker Opinion of Value Administration (BBA) on the mainland. On the brokerage front, she has managed and performed the • Real Estate Portfolio Analysis marketing, valuation, and due diligence • Strategic Planning Assistance CONTACT DETAILS processes of real estate assets in the $5 • Development Feasibility Analysis million to $50 million plus range and has DR +1 808 523 9764 Highest hest and Best Use Studies FAx +1 808 523 9764 been involved in the sale of over$150 • Market Supply and Demand Studies million of various commercial real estate Colliers International assets in Hawaii. • Market Rent and Vacancy Forecasts 220 S. King Street, Suite 1800 PROFESSIONAL EXPERIENCE Honolulu, Hawaii 96813 KPMG, LLP—Senior Associate, Real Estate & Hospitality Advisory Services www.colliers.com Served as project team leader and advised clientele which included private investors and owners (real estate and non-real estate companies), government agencies, and industry trade organizations. CB Richard Ellis, Inc. —Marketing Specialist, Asia Pacific Advisory Group Assisted the investment property group by managing and implementing marketing and due diligence processes, performing property valuations and financial analyses, and conducting market research studies. Accelerating success.