WASHINGTON DC. — The Building Owners and Managers Association (BOMA) of Greater Tampa Bay (GTB) journeyed to Washington DC this week to personally educate their federally elected Senators and Representatives on behalf of commercial real estate. The real estate professionals, including President Terri-lynn Mitchell and Vice President Sara Wayson of Cassidy Turley, and Immediate Past President Lacey Willard of CBRE, Inc., from the Tampa Bay area joined fellow members from local BOMA associations across the nation to collectively express the need to create a reduced, fair, and equitable tax burden for commercial real estate property owners, remedy Insurance matters, and encourage job growth.
These members of BOMA/GTB visited Washington DC as participants in BOMA International’s 2014 Winter Business Meeting and National Issues Conference. The conference allows property owners and managers to analyze and discuss issues, hear presentations by members of the Legislature, and actively support their profession by visiting congressional offices for one-on-one meetings with their elected officials.
Over the course of a day, the delegation visited the offices of Representatives Castor (pictured above, right of center), Ross, and Bilirakis, to inform their elected officials about real estate’s concerns. As stated by BOMA/GTB’s President Terri-lynn Mitchell, “I am honored to have represented our members on Capital Hill this week as we advocate to preserve Terrorism Risk Insurance and reasonable Leasehold Depreciation schedules. These are incredibly timely and important topics for the buildings we represent and we achieved positive discourse with our elected officials on these issues.” Immediate Past President Lacey Willard also offered, “It is encouraging that every year, this Conference focuses on the impact of industry organizations such as BOMA on tax, insurance, code, and energy matters, resulting in quantifiable value to the built environment approaching $3.50 per square foot for our members.”
The Building Owners and Managers Association of Greater Tampa Bay is an organization composed of over 250 commercial real estate professionals in Tampa Bay whose members support 46,259 direct and indirect jobs with new taxable personal earnings of $513,912,650, and a total contribution to the state’s economy of $1,617,882,959. The membership collectively represents all facets of the commercial real estate industry. For more information, visit BOMA/GTB’s Home Page at www.bomagtb.org.