The Marijuana Market and its Impact on Commercial Real Estate

Brought to you by the Industrial Committee

The legalization of cannabis for medical and recreational use is changing our industrial real estate market. With Illinois' passage of the Cannabis Regulation and Taxation Act, it becomes even more important that we understand the impact it has on our clients and assets. Preparing a property for cannabis production and distribution requires specific considerations. We must stay ahead of the challenges that face our industry and take advantage of the opportunities that lay ahead of us.

Albert Marks of Cannabis Facilities Construction, a Division of Mosaic Construction, LLC, located in Northbrook, will lead a panel of experts examining the opportunities in commercial real estate as it relates to converting and retrofitting an existing industrial property for cannabis production and cultivation. The panel will also cover the overall design, specific building systems, and the need for increased security.

In addition, Brian Liston, Principal, Liston and Tsantilis Law, will speak on the legal hurdles that surround the cannabis business and its effect on the commercial real estate industry.

It's time for us to get ready. From cultivation...

to processing...

to dispensaries. Cannabis is Coming! 

About Your Speakers: 

Mike Lee has been the president of Northern Weathermakers HVAC Inc. since 2009 where he specializes in the design and maintenance of commercial and industrial HVAC systems. Mr. Lee started working on the mechanical side of Northern Weathermakers over 30 years ago, and then moved to its N-Control Inc. group, becoming responsible for all building automation engineering, programming, and design. Mike draws on his experience and cutting-edge approach to identify the best solution for each cannabis grower. He leads the engineering team in offering complete design build solutions that use a combination of building automation, temperature and humidity control tailored to each grower's situation, ensuring your crops are protected.  
 
Brian P. Liston, MBA, JD, is president of Liston and Tsantilis Law in Chicago where he specializes in eminent domain, property tax litigation and incentives. He has successfully tried numerous jury and bench property tax appeal hearings and eminent domain trials throughout the State of Illinois. He has secured jury verdicts and tax refunds in excess of one billion dollars. Mr. Liston has been on the team of 61 National Association for Industrial and Office Properties (NAIOP) awards given for his legal work on Incentives and land use projects throughout the Midwest. He has been ranked #1 by The Leading Lawyers Network for eight years, and has been recognized in the Wall Street Journal as one of the premier lawyers in the United States.
 
Albert Marks, Client Relationship Manager, Cannabis Facility Construction, provides expertise in social media, digital marketing, and customer relations. In addition to managing the company's blog and social media platforms, Albert supports business development by contributing to client acquisition and retention and establishing and developing partnerships within the industry. Albert earned his Bachelor's degree in Biology at Indiana University Bloomington and his Master's in Education at National Louis University.

Ira Singer leads new business development, estimating, construction production, project management, and the management of trade partner and vendor relationships for Mosaic Construction. As a relationship builder with over 20 years of experience in construction, Ira develops new opportunities through his various roles in the company and community. Ira has been a principal at Mosaic Construction since 2005. Mr. Singer has been in the exterior residential industry since 1989 and for over 12 years, he owned Premier Window and Construction. Ira earned his Bachelor of Arts in Speech Communication & Rhetoric from the University of Illinois.

Scott Superfine is the Vice President/Principal Consultant of M&R Electronic Systems, Inc. & M&R Design Services Group. He has been with the group for over 14 years and brings extensive experience in structured cabling and electronic security infrastructure design, integration, implementation, and project management to M&R. He has designed, deployed, and managed multi-site cannabis clients (Cultivation, R&D, & Dispensary Sites). Scott has a B.A. in political science and speech communications from the University of Illinois Champaign-Urbana.

Thank you to our generous sponsors!

Fees: BOMA/Suburban Chicago members can attend this event for $10. Non-member property professionals can attend for $15. Non-member vendors will not be admitted. A continental breakfast will be served.   

Register: Registration will close on Friday, September 6. Please note any food allergies or restrictions.