- Carroll Engineering presented on MuniLogic ™
- Donna Emhart joined Bank of America Merrill Lynch
- NAI Mertz Celebrates 35th Year in Business
- PECO Provides Meaningful Economic Impact Across Pennsylvania
Carroll Engineering presented on MuniLogic ™
Carroll Engineering Corporation (CEC), one of the region’s largest consulting engineering, planning, and surveying firms, recently presented at the “Comparing Tools for Managing Infrastructure” event, hosted by the Mid-Atlantic Geospatial Transportation Users Group (MAGTUG) and the University of Delaware. The event was held at this past Fall at the Embassy Suites in Newark, Delaware.
Founded to provide a forum for transportation industry experts to share their knowledge and experiences, MAGTUG’s most recent event featured Matt Garber, Senior Vice President of CEC. Mr. Garber presented on MuniLogic™, Municipal Management Software, which was specifically developed by CEC for municipal organizations. Addressing local and county government representatives from PA, NJ, DE, and MD, Mr. Garber discussed how the software improves service to its constituents for better and informed decision making and empowers local governments and municipal authorities to increase efficiency and facilitate communication.
“MuniLogic software is continuously evolving and with feedback from both our customers and industry trends, it is important for us maintain a high level of innovation,” said Mr. Garber. “Our strategic vision extends across all municipal departments and business processes and we look forward to making this vision a reality for our local governments.”
MAGTUG meets at different locations several times a year to provide a venue for representatives of local and county government to better understand their asset management needs and how to choose the right tool to meet their needs. The agenda of this year’s event allowed for each presenter to discuss the foundation of their application, implementation and support functions, asset functionality and application functionality. Each session was followed by questions from the attendees.
CONTACT: Matt Garber,Senior Vice President
mgarber@carrollengineering.com, 215-343-5700
About MuniLogicTM
MuniLogic Municipal Management Software was developed and designed by Carroll Engineering Corporation, a firm with over four decades of experience serving municipalities and authorities. The product meets the unique needs of municipal governments and authorities by automating critical business processes and providing an integrated asset management solution. For more information about this powerful software solution, visit the company’s product website at www.munilogic.com, email info@munilogic.com or call 215 343-5700.
About Carroll Engineering Corporation
Carroll Engineering Corporation, founded in 1973, is one of the region’s largest consulting engineering, planning, and surveying firms and was recently recognized as one of the Top 25 Engineering Firms in the prestigious 2016 Philadelphia Business Journal Book of Lists. The firm employs professionals and staff across southeastern Pennsylvania and Central New Jersey at offices in Warrington, Bucks County, Pennsylvania; King of Prussia, Montgomery County; Pennsylvania; Malvern, Chester County, Pennsylvania, and Hillsborough, Somerset County, New Jersey. For more information, please visit www.carrollengineering.com.
Donna Emhart joined Bank of America Merrill Lynch
Donna J. Emhart has joined Bank of America Merrill Lynch as Vice President with the Business Banking division in Blue Bell.
Donna has over 30 years of financial services and business development experience in both banking and private industry. Most recently Donna was a relationship manager with Santander Bank providing financial and commercial banking products to business banking clients. Prior to that, Donna was the Regional Sales Manager for Wells Fargo Commercial Bank in Philadelphia. Donna began her career with Mellon Bank and spent 16 years with Core States/First Union where her responsibilities included managing and building a commercial loan portfolio and the cross sell of capital markets and traditional banking products. Over the course of her career, she has served a wide range of companies in terms of both size and industry.
Donna J. Emhart, Vice President, Relationship Manager, Bank of America Merrill Lynch, 4 Sentry Parkway, Suite 200, Blue Bell, PA 19422, donna.j.emhart@bmal.com, 610-941-4844.
NAI Mertz Celebrates 35th Year in Business
NAI Mertz, a leading full-service commercial real estate firm serving southern New Jersey and greater Philadelphia, is celebrating its 35th anniversary since Barry Mertz, SIOR, Chief Executive Officer, formed the firm in 1981, with his wife Faye, in Pennsauken, New Jersey. Barry started the company as a commercial real estate brokerage and property management firm with one employee, and a goal to add additional sales staff to broaden market coverage in the region and to service clients’ needs more proficiently.
With Faye serving as CFO managing the back office of the firm, and Barry at the helm, NAI Mertz experienced significant growth in its early years and soon secured over 1.5 million square feet of property that it managed throughout southern New Jersey.
NAI Mertz has since moved its headquarters to Mount Laurel, NJ, surrounded by some of southern New Jersey’s premier office and industrial parks. The NAI Mertz team has been responsible for countless sale and lease transactions in these parks, and Barry developed some of the properties in East Gate Corporate Center when the park was taking shape.
As part of the firm’s sustained growth, new offices were added in Philadelphia, Bucks County and Wilkes-Barre, PA, which helped increase its market coverage and enabled the company to better meet its clients’ needs. Over the years, the NAI Mertz broadened its reach to provide expert services in brokerage, leasing, sales, investments, property management, site selection and construction management in the industrial, office and retail sectors.
Jeff Licht, senior vice president, joined the firm in 1994 to head the office in Bucks County. Two years later, he was joined by Adam Lashner, vice president, and the duo have amassed a formidable track record of industrial and commercial sales and leases in Philadelphia and its suburbs.
“It has been a tremendous two decades working with the Mertz’s and being a part of the firm’s continued growth and success,” said Licht. “Together we have witnessed many real estate cycles and changes in the industry, and through them all the Mertz’s remain loyal to their clients and committed to their staff—always assisting their efforts and guiding them in the right direction,” he added.
Joining the NAI Global network—one of the largest managed networks of commercial real estate service providers—was a significant milestone for the firm. Operating as NAI Mertz, the company is able to service their clients’ nationally and globally, offering more resources and greater market knowledge to its client base.
“NAI Global is a powerful organization and one that we are thrilled to be a part of,” stated Barry Mertz. “We were one of the original members of NAI, and I proudly served four terms on its leadership board. NAI also has bestowed our firm with the NAI Global Eagle Award for Outstanding Service and Leadership on two occasions,” he added.
At the forefront of NAI Mertz’s success in the region is its staff. NAI Mertz has built a team of seasoned professionals, many of whom have been with the firm for over 20 years, who are dedicated and knowledgeable experts in their craft. NAI Mertz impressively has eight brokers on its staff who earned the prestigious Society of Industrial and Office Realtors (SIOR) designation. Rebecca Ting, vice president and 21-year veteran with the firm, currently serves as the SIOR New Jersey Chapter’s president; and Roy Kardon, vice president-industrial division and 21-year veteran with the firm, serves as the current treasurer of the SIOR New Jersey Chapter.
NAI Mertz entered its second generation in 1999 when Barry and Faye’s son, Scott, joined the firm. Scott brings a sense of enthusiasm for the commercial real estate industry to the firm, which he learned from years of watching his parents help businesses, developers, landlords and community officials meet their strategic goals throughout the southern New Jersey and greater Philadelphia region. In 2014, Scott was recognized as NAI Global’s top producing broker throughout the worldwide network of 6,700 professionals. He followed that up with a second place finish in 2015.
“I am committed to continuing the leadership of our family-owned business, while building on our success in the industry through any real estate cycle we may encounter,” said Mertz. “I share the vision of my parents and take pride in the amazing company they have built, and look forward to continuing to mentor our team and providing our current and future clients with exceptional service and earning their trust and respect,” he added.
NAI Mertz is in the midst of another strong year of sales and leases. Through September, the company has completed 225 transactions for over 4.5 million square feet and close to $200,000,000 in total volume.
“We weathered through the recession in our industry and we have been in growth mode for the past several years—the only way to look is up. Building NAI Mertz into a highly respected and successful commercial real estate firm has been one of my greatest accomplishments. I take great care in providing my team with the knowledge and tools it takes to blossom into true professionals. And, I am equally proud of knowing that our firm’s level of professionalism and sophisticated knowledge of our work has led to our outstanding reputation in the industry,” concluded Mertz.
About NAI Mertz
Founded in 1980, NAI Mertz is a leading full-service commercial real estate firm serving the southern New Jersey and greater Philadelphia areas. With offices in Mt. Laurel, NJ; Bucks County, PA; and NAI Mertz of PA in Wilkes-Barre, PA, the company provides expert services in brokerage, leasing, sales, investments, property management, site selection and construction management in the industrial, office and retail sectors. NAI Mertz’s clients include Fortune 500 companies, financial institutions, private investors, large public corporations and small businesses. Its partnership with NAI Global, one of the largest managed networks of commercial real estate service providers comprising 6,700 professionals in more than 375 offices in over 55 countries, enables the firm to provide large-scale global real estate services with a unique local expertise.
For more information on NAI Mertz, visit its web site at www.naimertz.com, or contact its Mt. Laurel, NJ, headquarters at 856.234.9600, or NAI Mertz of PA at 570.820.7700.
PECO Provides Meaningful Economic Impact Across Pennsylvania
PECO’s operations provided a significant economic impact to the region and across Pennsylvania in 2015 according to a recent analysis by the Economy League of Greater Philadelphia and Econsult Solutions, Inc.
In terms of total employment, the company continued to serve as a significant employer in the region, increasing direct employment by 4.4 percent in 2015 to 2,565 full-time employees. Based on the analysis of PECO’s operations, which measured the direct, indirect and the induced economic impact using the IMPLAN Input-Output model, the company had an estimated total economic impact of approximately $4.3 billion, supported nearly 9,000 jobs and produced more than $730 million in labor income across Pennsylvania.
“PECO serves as an economic driver for the region and the Commonwealth of Pennsylvania,” said Craig Adams, president and CEO. “We are committed to providing safe, reliable, affordable and clean energy and energy services to our customers in the communities we serve. The work we do every day helps us meet that commitment and also provides family-sustaining jobs for the region that help our neighborhoods thrive.”
Based on the results of the analysis, PECO’s individual company operations are similar in size and scope to other entire industries in our region, including the architectural, engineering and related services sector.
In addition to increasing employment and providing a substantial economic impact, PECO also increased its purchase of domestic, low-cost natural gas from the Marcellus Shale region in 2015. About 88 percent of the natural gas used by PECO customers in 2015 came from the Marcellus Shale region, up from 75 percent in 2014.
PECO’s ongoing energy management programs and charitable giving continue to have a positive economic impact for PECO customers and the region:
Energy Management Programs:
• PECO customers increased energy efficiency measures in 2015, saving more than 371,000 MWh of electricity, up from 305,000 MWh of electricity in 2014. This resulted in $98 million in customer savings, an increase of more than $21 million compared to 2014.
Charitable Contributions:
• PECO contributed more than $6.5 million in charitable contributions and employees continued to do their part by serving on 163 non-profit boards and logging 14,900 volunteer hours for numerous groups.
PECO also was recently recognized by Site Selection Magazine as one of the nation’s top utilities for economic development. Specifically, the company was acknowledged for its successful partnerships with external stakeholders, including state, regional and county economic development organizations, and efforts to bring together critical resources to meet the needs of companies that are considering relocating or expanding in southeastern Pennsylvania.
In addition, PECO was named Best Employer in the Nation in the Midsize Utility category according to Forbes Magazine’s “America’s Best Employers 2016,” and was recognized once again as an Environmental Protection Agency ENERGY STAR Partner of the Year for PECO Smart Ideas, the company’s highly successful suite of energy efficiency and customer programs.
Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). The company’s 2,500 dedicated employees provide advanced, innovative energy solutions to 1.6 million electric and more than 511,000 natural gas customers in southeastern Pennsylvania. In 2015 PECO delivered 86.9 billion cubic feet of natural gas and 38 billion kilowatt-hours of electricity. The company also has an estimated annual economic impact of $4.3 billion in Pennsylvania, supporting more than 8,700 local jobs and producing $732 million in labor income. Founded in 1881, PECO is one of the Greater Philadelphia Region’s most active corporate citizens, providing leadership, volunteer and financial support to numerous arts and culture, education, environmental, economic development and community programs and organizations.
For more information visit PECO.com, and connect with the company on Facebook and Twitter.