. >> enjoy the breakfast, we have a big program this morning so we are just going to go ahead and get started so welcome to all of you. i am mayor aye hustles i'm san francisco public blood pressure of san francisco business times and on behalf of our partner criteria require and carey and knew mark frank and all of our sponsors welcome to our annual mayor's annual for cast and happy valentine's day to awful you and i have already gotten a value ten from mayor lee. are you already fee

feelings love this morning we have later pastries for you. this is the 14th year we post together this to look at the i state of city in his our region and there have been so many changes if you think about that have happened in each of these cities and sounding bay area it is last 14 years and if you look at the activity the cranes until the air the hospital building activity the activity ature ports and airports and hospitality sector the booming tech sector and all of the future plans, think about the changes that will happen in the next 14 years and each of these cities and in our region so we are going to hear a little bit about the future and some of the priorities and what the outlook is into this coming year and we are really delighted to have awful you here with us this morning. i think there is more than 600 and we are glad that you gathered with us. our tradition at this event is to

alternate between the two cities from year to year and last year we hosted the event in oakland which, is why here here in san francisco this year and is to mayor lee thank you for being the host city this year andmary khan thank you for traveling across the bay that very short way to be here in san francisco. so how many of you are feeling optimistic about 2013? can you raise your hand? right? (applause). ism. it just has a feel? it just has that feel it's started starting out at a good space and with opt mission and that's good goods and this is a good year on top of the giant's 49 win and 49ers making to the bowel and this is all going to put more

sales in the regional economy and again there is so much business activity. and we are blessed with just being in this part of the country and the world. i'm very interested in what we are going to hear from our speakers this morning to sort off guide us through this year. now before we get to our program please join me in thanking the organizations and people who made this possible. and you can clap now for awful them but -- this event is jointly presented by san francisco business times and our partner, title sponsor corn irand carey commercial new mark, night, frank. and we are going it hear from dan clef man and dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. (applause). .

very much so. and in 2012, cornish and carey, dominated the area of commercial real estate with over $6 billion in leasing and sales transactions so very good there. and you are soon going to hear from dan and he is going to give us that a good look at sort off what real estate activity look like here in the bay area. so in addition, to cornish and carey new mark night frank, help me thank our generouses for bringing you this program they are golden gate university and i'll tell you they prepare the most work ready profiles that professionals that you are going to find and we so much appreciate our partnership with golden gate university and thank the president dan angel for delivering those shining graduate to businesses throughout the bay area and if you visit their table there and

asks for deidra robert son and there is a 10% tuition grant to no cost to your organization for your employee and is so ask about that program and we also wants to thank case veer permanent aaat a who's kristine row wish who are the service area manager for casier permanent continenta and this is the quality healthcare in the nation for being the best place to work and receive healthcare and certainly a leader in technology and healthcare as well and case veer certainly helps our entire community thrive and then one s f which, is out of the organizing committee and one s f and i hope you take time to get very familiar with what this organization is doing for san francisco and how you can utilize this organization to become a part of the american's cup experience. one s f is

mobilizing san francisco's corporation and is citizens behind the many many community and legacy benefits of the america's cup and there are many. cruise ship terminal infrastructure projects and so when you become a one s f partner you will drive that local effort and help provide the funding support and there are so many exciting ways you can become aligned with the cup this exciting year and so one s f of the america's cup organizing committee and really the mayor will say more about that and robert half international i have to thank them for helping me find my great business manager this year just on the side and i wanted to thank randal my second who's regent vice president of mice executive international and they help us with our staff and talent and that has a lot to do with this today and so thank you

for profile staffing service scefers through finances, and legal technology and staffings and we u.s.a. them all the time for our creative as well and webcore builder and is what aren't they building and we want to thank peterson and shelly doury who's one of the senior executive's in the web cor community and they built the beautiful oakland cathedral and acacademy of science and certainly at work on mass coney center expansion the early work on the warriors a marine eye and so many iconic projects in both northeastern and fortunately and southern california and wells fargo such an integral institution and part of of the fabric of our society and

vaginal foalgee president the bay area region together encompassing this whole wide region for wells far going and we are soon going to hear from tim quinn written economist from wells far go and going to get some insight from him and a major focus and this says so much about the strength of our economy and the economy is small business lending and really promising news and 2012 wells far go expended scene billion dollars in that now loan commitments to small businesses across the united states over 30% in 2011 and that is great news so thank you wells fargo and many thanks to our partners in associations who always help us in promote things event it takes a villages to market deimagine. >> joseph markenson, md: and new president and c o oavment bob electric sway and president and

c o e dennis callahan and executive director dave metcalf, e c a karen inc.,el and inner city advisers jose conia and typely going to have to forgive me if i miss some of you and so you can send me another or someone else will help me when they get up here and so welcome to the public officials in the room. supervisor carmen chu and scott wiener and supervisor eight district san francisco monique myoand executive director port of the san francisco and general forerodney phoning, president of s f planning commission and, from the city of oakland. deana santana city mr., fred blab below assistant city administrator robert bert bra burn director on the board and

councilmember knoll gallow district five. city attorney, barbara parker, debra ally smith director port of oakland so we have our two port directors in the room which, is wonderful and if i miss someone please forgive me or come up and harass me about it latter. we had a. q. year at the business times, i'll say in 2012 and everything is up, print six declaration, web audience one .2 million page views a month and growing advertising is up and so far so good in 2013. we made our first month, all right so that is always a good way to start the year, so. i hope you subscribe. i hope you also receive all of the digital information the expanding array of information we send out in that way if you don't subscribe today, you can save a little money if you see our circulation