Jonathan A. Schein President & CEO Real Estate Media GlobeSt.com

1/7/04 : Statistics are the first front in determining how the economy is doing and a good indicator of where we’re headed. We at Real Estate Media and GlobeSt.com recently developed a statistical determination of our own with the creation of the Holiday Gift Index. This is based on the quantity, gross weight and number of senders of holiday gifts (Packages X Gross Weight/Senders). Using 2002 as the base year with an REM/GS HGI of 1560, 2003 came in at a resounding 1920! This is an increase of almost 25%. What could this be telling us? First, there is much more optimism in the marketplace based solely on the deluge of brownies, cookies, wine and champagne, calculators, stuffed animals and tote bags. Second, not only is 2004 looking positive, but 2003 ended much better than was expected earlier in the year. Based on our formulation, 2004 will show increased economic activity and–at last–positive absorption of office space, which translates into meaningful employment. That, of course, would be the best gift of all. Good luck in the coming year. It’s going to be a fun ride.

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AUSTIN VEUM ROBBINS PARTNERS (SAN DIEGO) Stephen Pomerenke and Tom Vorkoper have been promoted to associates. Pomerenke recently completed the award-winning Cymer Inc. project in Rancho Bernardo, CA. Vorkoper just completed several high-profile projects for AVRP, including the award-winning Joan Crocs Corps Community Center in San Diego.

TRIAD CAPITAL ( KANSAS CITY , MO ) Mark E. Reichter has been promoted to second vice president of loan production. Reichter has been at the firm since May 2002, when he joined as a real estate analyst and loan underwriter. In his new position, he will generate loan production. Before joining Triad, he was a real estate analyst at Holliday Fenoglio Fowler.

Andrew W. Osborne

TRAMMELL CROW CO. (NEW YORK CITY) The company has appointed Andrew W. Osborne as vice president of investment services, in which he will represent domestic and international clients in a variety of transactions. Osborne was most recently national director for capital markets and corporate finance at Jones Lang LaSalle.

AUSTIN VEUM ROBBINS PARTNERS (SAN DIEGO) Paul Thometz has joined the firm as managing director, in which he will focus on development. He was most recently marketing and business development principal at HOK in Los Angeles . The firm has also hired architect John Hinkel as senior designer. Hinkel comes to AVRP from Carrier Johnson, where he was senior designer. He will continue his focus on urban design and specialty architecture.

THE MACERICH CO. (SANTA MONICA , CA) Tim Pullen has been named manager of strategic partnerships. Pullen joins the firm from the Phoenix Art Museum , where he was corporate relations officer. In his new role, he will handle strategic partnership development from Macerich’s regional office in Phoenix .

TISHMAN SPEYER PROPERTIES

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