United Association of Equipment Leasing To Cut Overhead

 

 by Christopher Menkin

 

“The move of the UAEL office was determined to be feasible when the Landlord

agreed to allow UAEL to terminate its lease.  The Landlord found a new

tenant to occupy the facility without any penalty to UAEL.  The savings to

UAEL will be substantial; the new lease is 2/3's per month less than the old

lease.  The phones were to have been live, Azin is to handle incoming calls.

Bill Grohe is settled in his home office and continues to handle business.

 

“The press release by me from Jim McCommon gives some further details.

 

“The economic benefit to the membership should be immediate!”

 

Bob Fisher, CLP

CEO

B.Fisher@firerockcapital.com

 

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OAKLAND, CA (Nov.7) – The United Association of Equipment Leasing announced today it will move its headquarters office from Oakland to the Palm

Springs, CA area, December 1, 2002.

 

"Rents in the East Bay area were just getting too high," said the

Association's 2002 President, Bob Fisher, CLP.  "The economic resurgence of

Oakland has driven commercial real estate prices to levels more appropriate

for global corporations than for non-profit professional associations such

as UAEL.  We're very concerned about making sure our members get the

greatest value for each dollar they invest in Association dues."

 

Fisher said today's decision to move is the culmination of a

headquarters-relocation study first proposed almost three years ago.  He

said the move will not affect staff assignments.  Joe Woodley, CLP, will

remain Executive Director and Bill Grohe will continue as Director of

Membership.  E-mail addresses will remain the same, and existing phone

numbers will continue to function and forward calls to the new location

until further notice. 

 

"UAEL exists to further the commercial success, personal aspirations and

professional qualification of its members, and to provide an interactive

forum that enhances the members' ability to pursue business opportunities,"

Fisher said.  "The move to Palm Springs supports all of those objectives by

freeing up substantial amounts of cash that can now be re-directed into

programs that add value to our members' business efforts and professional

skills."

 

UAEL was formed in 1974 to serve independent leasing companies.  For

additional information contact Jim McCommon at jmccommon@uael.org or

address the UAEL website www.uael.org.

 

########## ###########################

 

The current staff:

 

Joe Woodley

Chief Executive Officer / jwoodley@uael.org

510-444-9235 ext. 27

 

Bill Grohe

Director of Membership and Marketing / bill@uael.org

510-444-9235 ext. 26

 

Azin Massoudi

Executive Assistant / azin@uael.org

510-444-9235 ext. 22

 

No mention was made regarding Azin Massoudi and the WAEL telephone

number in Oakland did not answer all Tuesday.

 

From President-elect Bette Kerhoulas:

 

“Hope you're having a wonderful day here in beautiful California.  It's so

clean and gorgeous down here in Orange County - we had quite a rain last

Friday and Saturday - just what the doctor ordered - and now it's sunny and

warm and I'm thankful to be a Californian...

 

“You're correct that the phone lines have been down today at the UAEL office.

They're in a transition stage where the lines were to be forwarded - there

wasn't supposed to be any "down time", but things don't always work as

planned.

 

“We're excited about UAEL in 2003.  We'll be looking to you to help us get

the word out to our membership about upcoming events, educational offerings,

networking, member services, etc...

 

Your continued involvement with UAEL is greatly appreciated...

 

“Call me anytime - I'd love to chat about any issues you feel are pertinent

to UAEL in 2003...”

 

 

Bette Kerhoulas, CLP

Managing Director

800-800-8081, 949-727-3711 Ext. 227, 949-727-3722 Fax

bettek@pacifica-capital.com

Please visit our web site at www.pacifica-capital.com

http://www.pacifica-capital.com

 

Bette Kerhoulas at one time was not in favor of the move, as of July 3,2002:

 

“As far as moving the office, we just renewed our lease with the landlord

last year, so I don't know if it's financially feasible to move at this

time.  I'm sure Joe (Woodley) will look into subleasing our space out, if he feels

that's an option and the best course of action.  Joe and his wife now live

close to the office (it's way too hot in Palm Springs at this time of the

year), so at least for now he's not commuting on a weekly basis.  And I

certainly would love UAEL to be around the corner from me down here in

Irvine, but we can't be moving the office on a yearly basis just to

accommodate the incoming President.”

---

 

 

 

The original move to the present office was at the behest of Jon Bedernick, who

lived on a boat in the marina near Jack London Square in Oakland, California. Ironically, the last re-print while the editor was on vacation was about Jon Bedernick, with pictures of the staff at that time.

 

http://www.leasingnews.org/archives/Nobember_2002/11-12-02.htm

 

Dr. Ray Williams, who followed him, lived with his wife Trish in Alameda,

not far from the office.  Joan Dalton, who followed Ray was planning to move

the office to South San Francisco, California, to be closer to where she

lived, plus for lower rent. June 26,2002 she resigned.  The story was

covered in this edition:

 

http://www.leasingnews.org/archives/June2002/6-26-2002.htm

 

Here is the introduction of Dr. Williams to the membership via Newsline Winter, 1993(please note some of his comments: "WAEL is a home for small-to- medium-ticket equipment leasing professionals:"

http://www.leasingnews.org/stories/WAEL_new_EVP.htm

 

Here is a story written for Newsline about the formation of WAEL, its

history and purpose,  by the first executive director, Art Schwartz, CAE, June, 1985:

 

http://www.leasingnews.org/stories/history_of_wael.htm

 

Story originally released on 11/13/02


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