Industrial and Economic Development Summit Minnesota (23rd Annual)
November 12, 2021
8:00 am
- 12:00 pm
Golden Valley Country Club
4 hours of Real Estate Continuing Education Credits have been approved by the Minnesota Department of Commerce
Moderator
Jacki Christopher
Real Estate Development Manager
Ryan Companies - Minneapolis
Ra’eesa Motala
Vice President Industrial & Corporate Solutions
Rokos Advisors
Judson Welliver
Executive Vice President
CBRE
Jeremy Thomas, LEED AP
Vice President
RJ Ryan
Moderator
Todd Mohagen
Principal
Mohagen Hanson
Christine Costello
Economic Development Director
City of Cottage Grove
Moderator
Robert Barth
Director of Land Development and Principal
WSB and Associates
Connor McCarthy
Development Director
United Properties
Paul Hyde
CEO
Hyde Development
Jeff Gears
Vice President of Architecture
BDH
Deanna Kuennen
Community & Economic Development Director
City of Farmington
Peter Mork
Managing Partner
Capital Partners
Josh Budish
Principal
Endeavor Development
David Berglund
Senior Managing Director
JLL
Breanne Rothstein
Economic Development and Housing Director
City of Brooklyn Park
Steven Hoyt
Chief Executive Officer
Hoyt Properties, Inc.
Mark Kolsrud
Senior Vice President
Colliers
Duane Poppe
Principal
Lee & Associates
Nate Erickson
Vice President
Transwestern
Moderator
Todd Phillips
POWER 30 Host
REjournals
8:00 am
Game Changing Economic Development Tools
Moderator: Robert Barth, Director of Land Development and Principal, WSB and Associates
Samantha Markman, Economic Development Director, Anoka County Regional Economic Development ACRED
Breanne Rothstein, Economic Development and Housing Director, City of Brooklyn Park
Deanna Kuennen, Community & Economic Development Director, City of Faribault
Christine Costello, Economic Development Director, City of Cottage Grove
Which industrial parks are attracting the most attention? what is the current product mix
What tools or strategies has your community identified as game changing economic development tools?
Success in moving controversial projects forward in the face of local opposition
Shovel Ready Site Certification
Funding Strategies
Redevelopment and New Development
Timing the Development Process
Alternative Development Funding Partnerships
8:50 am
Industrial Real Estate Market Overview
Moderator: Jacki Christopher, Real Estate Development Manager, Ryan Companies
Steven Hoyt, CEO, Hoyt Properties Inc
Duane Poppe, Managing Principal, Lee & Associates
Nate Erickson, Vice President, Transwestern
Ra’eesa Motala, Vice President, Rokos Advisors
Market trends: vacancy rates, absorption, rental rates and new construction activity
Discussion of tenant needs and how landlords are adapting their properties
Conversion of zombie retail to Industrial
Evolving last mile capabilities in Minnesota
Technology and emerging robotics impact on industrial real estate
Which sub-markets are seeing the most expansion, which are struggling?
Flex industrial space update
9:50 am
Break and Networking
10:05 am
The State of Industrial Development
Moderator, Todd Mohagen, Principal, Mohagen Hanson
Paul Hyde, CEO, Hyde Development
Jeff Gears, Vice President of Architecture, BDH
Jeremy Thomas, Vice President, RJ Ryan
Josh Budish, Principal, Endeavor Development
Conner McCarthy, Development Director, United Properties
Rising construction costs and the effect on development, rents and ability to sign leases
How to anticipate and meet emerging tenant needs
Controlling and owning land (past to present nuances, cashing in on owned land)
Financing development: acquisition, site improvements, infrastructure, lending requirements
The market for spec, built-to suit
Redevelopment opportunities for last mile facilities
11:05 am
Capital Markets and Investment Climate
Moderator: Todd Phillips, POWER 30 Host, REjournals
David Berglund, Senior Managing Director, JLL
Judd Welliver, Executive Vice President, CBRE
Mark Kolsrud, Senior Vice President, Colliers
Peter Mork, Managing Partner, Capital Partners
Update on recent sale transactions, cap rates and the investment market
Exit Strategies
Impact of low interest rates
Will the emergence of large portfolio owners change the landscape?
Is “old” product becoming attractive to buyers as it is in some markets?