Long Bay Enterprises, Inc. |
Our People: Cynthia Berne |
Cynthia Berne, Principal and Broker of Record
Extensive Experience in:
- Comprehensive project management of large scale multi-stakeholder projects
- Market studies: retail, office, industrial
- Real estate advisory services
- Real property feasibility analysis
- Economic feasibility analysis
- Creating public-private partnerships through negotiating unique real estate transactions
- Public hearing presentations to governing body councils and other quasi-governmental bodies
- Outreach, building stakeholder consensus on complex and controversial projects
- Facilitating interlocal agreements
- Public project financing
Unique Qualifications
- Concise and comprehensive verbal and written communication skills
- Ability to work with a diverse group of people to build consensus
- Depth of knowledge of all aspects of real estate development and transactions
- Exceptional diplomacy with politically sensitive projects
- Great problem solver - "There are no problems, just challenges"
Relevant Project Experience
King County Facility Relocation/Surplus Property Sale, Maple Valley, WA
Project Manager for the due diligence of site replacement and land use and property issues as they relate to relocation of a maintenance facility and the sale of the property owned by King County Roads. Worked directly with Council Staff and Council Members and prepared briefing papers for presentations to the King County Council on the Purchase & Sale Agreement and Joint Plan Agreement. Facilitated and negotiated a Joint Plan Agreement between King County and the City of Maple Valley. Reported to staff and Executive Leadership team.
Port of Seattle Fishermen's Terminal, Seattle, WA
Real Estate Advisor and Financial Analyst to the Port of Seattle for a property enhancement strategy at Fishermen's Terminal. The Port of Seattle manages the property near the Ballard Locks that has historically housed a large portion of the fishing fleet based out of the Seattle area. Two phased analysis, first phase strategizing for improvements or redevelopment of the net shed buildings which sit on approximately 7 acres of the 25 acres uplands property at Fishermen's Terminal. This phase included development of proforma financial analysis of various options to improve the site's net shed area. Second phase created site enhancement alternatives for redevelopment of the entire uplands property. This phase included strong market analysis for highest and best use of the given sensitivity of existing fishing fleet tenants and neighboring community. The market study included supply and demand analysis.
Kirkland Parkplace Mall Redevelopment Public Private Partnership, Kirkland, WA
Real Estate Advisor to Touchstone Corporation for the redevelopment of an existing mall into 1.7 million sf of a state of the art mixed use project (retail/hotel/office) in the center of downtown Kirkland. Lead consultant to build consensus with the City of Kirkland to provide public participation in the redevelopment of the Parkplace Mall. Lead negotiator to identify key elements of the development agreement. Managed the creation of the Fiscal Impact Study to demonstrate the direct benefits to the City from the redevelopment. Negotiated for developer to obtain City investment in the redevelopment project. Created a work plan and strategy for negotiations of a development agreement with the City. Collaborated with City staff to estimate ongoing fiscal impacts of (1) police and fire, in order to estimate fiscal impact of meeting increased levels of service; (2) property taxes; (3) business taxes; and (4) business licenses. Collaborated with the County Tax Assessor to estimate changes in assessed value of the mall. Managed negotiations with various city officials, including the City Manager, Finance Director and Economic Development.
Financial Impact Statement for the Removal of the County Seat, Benton County, WA
Co-Project Manager for the production of an objective financial analysis and performed public outreach for the relocation of the County Seat to Kennewick. Formed the public advisory group and managed a rigorous schedule to meet a very tight timeline for the findings of the analysis. Presented the analysis to the County Commissions at two public meetings. Participated in the creation of a final brochure for the citizens of the County to aid their decision-making process.
Intercity Transit Facility Master Planning Efforts, Olympia, WA
Developed permit matrix for all approvals required for the project including federal, state and local jurisdictions. Collaborated in the development of the final Master Plan with the prime consultant and six other subconsultants. Permitting Lead for the master planning of Intercity Transit's operations, maintenance and administration facilities. Tasks included assessment and forecasting of client's short and long term real estate needs and providing strategic input on Master Plan alternatives in workshop with client. Prepared market study which included researching sale's price trends, property ownership, zoning and overlay zones, and permitted land uses to assist client in determining most viable options for expansion of their transit facility.
Seattle Public Utilities Landsburg Facility Development, King County, WA
An existing conditions study was conducted as a preliminary step to modernize the Landsburg water delivery facility and enhance the aesthetics of the site and adjacent park as a result of SPU's long term planning process. Led the legal and regulatory review for the design development. Reviewed and identified potential approval challenges. Researched and resolved ownership and title issues. Analyzed the comprehensive plan and current zoning to ensure design alternatives proposed were consistent with applicable land use requirements. Identified and analyzed existing grandfathered uses and possible special regulatory permits required relative to both existing uses and proposed alternatives. Identified highest and best use opportunities and constraints within existing zoning. Identified easements and use permits granted, rights of Indian tribes and rights of other third parties.
King County Disposition Strategy for Surplus Sites, King County, WA
Real Estate Advisor to develop the disposition strategy of 21 surplus sites for the Roads Division of King County. Work with multiple stakeholders (Roads, Facilities Management Group, Executive Office, Parks and Recreation). Create financial feasibility development scenarios, research market data, identify highest and best use opportunities and constraints within existing zoning, and create a marketing plan including participating in the preparation of a RFQ for the sale. Role requires land use analysis of zoning and comprehensive plan, identification of potential bonus densities that are both feasible and add value and a clear understanding of the real estate market and prospective purchasers.
City of Sumner Market Study for East Pierce Sub-Area, Sumner, WA
Provided market research study (draft & final report) to the City of Sumner to identify retail segments and employment categories not adequately served in the East Pierce sub-area. Study was used by the City to inform its request to the Pierce County Council to amend the County's comprehensive plan to expand the Sumner Urban Growth Area to include a 188-acre site referred to as Orton Junction. Analyzed retail segments to identify underserved segments in the East Pierce sub-area and quantified the loss of sales tax revenue based on underserved segments. Addressed job growth potential which could be generated by servicing these segments. Stakeholder interviews conducted including city staff, key retail providers and a private developer. The written report addressed methodology used, key findings as a result of computer modeling and analysis, and the data sources utilized in the analysis. The addendum to the report researched all zoning designations within Pierce County and the suitable of each particular zone for a regional retail development. Zoning designations suitable for development were then analyzed for potential feasibility of vacant and redevelopable sites based on individual site characteristics such as size, access, infrastructure, competition, and known environmental constraints.
Long Bay Enterprises, Inc. |
Our People: Cynthia Berne |
Cynthia Berne, Principal and Broker of Record
Extensive Experience in:
- Comprehensive project management of large scale multi-stakeholder projects
- Market studies: retail, office, industrial
- Real estate advisory services
- Real property feasibility analysis
- Economic feasibility analysis
- Creating public-private partnerships through negotiating unique real estate transactions
- Public hearing presentations to governing body councils and other quasi-governmental bodies
- Outreach, building stakeholder consensus on complex and controversial projects
- Facilitating interlocal agreements
- Public project financing
Unique Qualifications
- Concise and comprehensive verbal and written communication skills
- Ability to work with a diverse group of people to build consensus
- Depth of knowledge of all aspects of real estate development and transactions
- Exceptional diplomacy with politically sensitive projects
- Great problem solver - "There are no problems, just challenges"
Relevant Project Experience
King County Facility Relocation/Surplus Property Sale, Maple Valley, WA
Project Manager for the due diligence of site replacement and land use and property issues as they relate to relocation of a maintenance facility and the sale of the property owned by King County Roads. Worked directly with Council Staff and Council Members and prepared briefing papers for presentations to the King County Council on the Purchase & Sale Agreement and Joint Plan Agreement. Facilitated and negotiated a Joint Plan Agreement between King County and the City of Maple Valley. Reported to staff and Executive Leadership team.
Long Bay Enterprises, Inc.
Cynthia Berne, Principal and Broker of Record
Port of Seattle Fishermen's Terminal, Seattle, WA
Real Estate Advisor and Financial Analyst to the Port of Seattle for a property enhancement strategy at Fishermen's Terminal. The Port of Seattle manages the property near the Ballard Locks that has historically housed a large portion of the fishing fleet based out of the Seattle area. Two phased analysis, first phase strategizing for improvements or redevelopment of the net shed buildings which sit on approximately 7 acres of the 25 acres uplands property at Fishermen's Terminal. This phase included development of proforma financial analysis of various options to improve the site's net shed area. Second phase created site enhancement alternatives for redevelopment of the entire uplands property. This phase included strong market analysis for highest and best use of the given sensitivity of existing fishing fleet tenants and neighboring community. The market study included supply and demand analysis.
Kirkland Parkplace Mall Redevelopment Public Private Partnership, Kirkland, WA
Real Estate Advisor to Touchstone Corporation for the redevelopment of an existing mall into 1.7 million sf of a state of the art mixed use project (retail/hotel/office) in the center of downtown Kirkland. Lead consultant to build consensus with the City of Kirkland to provide public participation in the redevelopment of the Parkplace Mall. Lead negotiator to identify key elements of the development agreement. Managed the creation of the Fiscal Impact Study to demonstrate the direct benefits to the City from the redevelopment. Negotiated for developer to obtain City investment in the redevelopment project. Created a work plan and strategy for negotiations of a development agreement with the City. Collaborated with City staff to estimate ongoing fiscal impacts of (1) police and fire, in order to estimate fiscal impact of meeting increased levels of service; (2) property taxes; (3) business taxes; and (4) business licenses. Collaborated with the County Tax Assessor to estimate changes in assessed value of the mall. Managed negotiations with various city officials, including the City Manager, Finance Director and Economic Development.
Long Bay Enterprises, Inc.
Cynthia Berne, Principal and Broker of Record
Financial Impact Statement for the Removal of the County Seat, Benton County, WA
Co-Project Manager for the production of an objective financial analysis and performed public outreach for the relocation of the County Seat to Kennewick. Formed the public advisory group and managed a rigorous schedule to meet a very tight timeline for the findings of the analysis. Presented the analysis to the County Commissions at two public meetings. Participated in the creation of a final brochure for the citizens of the County to aid their decision-making process.
Intercity Transit Facility Master Planning Efforts, Olympia, WA
Developed permit matrix for all approvals required for the project including federal, state and local jurisdictions. Collaborated in the development of the final Master Plan with the prime consultant and six other subconsultants. Permitting Lead for the master planning of Intercity Transit's operations, maintenance and administration facilities. Tasks included assessment and forecasting of client's short and long term real estate needs and providing strategic input on Master Plan alternatives in workshop with client. Prepared market study which included researching sale's price trends, property ownership, zoning and overlay zones, and permitted land uses to assist client in determining most viable options for expansion of their transit facility.
Long Bay Enterprises, Inc.
Cynthia Berne, Principal and Broker of Record
Seattle Public Utilities Landsburg Facility Development, King County, WA
An existing conditions study was conducted as a preliminary step to modernize the Landsburg water delivery facility and enhance the aesthetics of the site and adjacent park as a result of SPU's long term planning process. Led the legal and regulatory review for the design development. Reviewed and identified potential approval challenges. Researched and resolved ownership and title issues. Analyzed the comprehensive plan and current zoning to ensure design alternatives proposed were consistent with applicable land use requirements. Identified and analyzed existing grandfathered uses and possible special regulatory permits required relative to both existing uses and proposed alternatives. Identified highest and best use opportunities and constraints within existing zoning. Identified easements and use permits granted, rights of Indian tribes and rights of other third parties.
King County Disposition Strategy for Surplus Sites, King County, WA
Real Estate Advisor to develop the disposition strategy of 21 surplus sites for the Roads Division of King County. Work with multiple stakeholders (Roads, Facilities Management Group, Executive Office, Parks and Recreation). Create financial feasibility development scenarios, research market data, identify highest and best use opportunities and constraints within existing zoning, and create a marketing plan including participating in the preparation of a RFQ for the sale. Role requires land use analysis of zoning and comprehensive plan, identification of potential bonus densities that are both feasible and add value and a clear understanding of the real estate market and prospective purchasers.
Long Bay Enterprises, Inc.
Cynthia Berne, Principal and Broker of Record
City of Sumner Market Study for East Pierce Sub-Area, Sumner, WA
Provided market research study (draft & final report) to the City of Sumner to identify retail segments and employment categories not adequately served in the East Pierce sub-area. Study was used by the City to inform its request to the Pierce County Council to amend the County's comprehensive plan to expand the Sumner Urban Growth Area to include a 188-acre site referred to as Orton Junction. Analyzed retail segments to identify underserved segments in the East Pierce sub-area and quantified the loss of sales tax revenue based on underserved segments. Addressed job growth potential which could be generated by servicing these segments. Stakeholder interviews conducted including city staff, key retail providers and a private developer. The written report addressed methodology used, key findings as a result of computer modeling and analysis, and the data sources utilized in the analysis. The addendum to the report researched all zoning designations within Pierce County and the suitable of each particular zone for a regional retail development. Zoning designations suitable for development were then analyzed for potential feasibility of vacant and redevelopable sites based on individual site characteristics such as size, access, infrastructure, competition, and known environmental constraints.