2020 Industrial Real Estate Summit
November 13, 2020
Golden Valley Country Club
Agenda and Speakers
Nate Erickson
Vice President
Transwestern
Duane Poppe
Principal
Lee & Associates
Mark Kolsrud
Senior Vice President
Colliers
Judd Welliver
Executive Vice President
CBRE
Steven Hoyt
Chief Executive Officer
Hoyt Properties, Inc.
Jeff Borling
Economic Development Lead
Great River Energy
Colleen Eddy
Economic Development Director
City of Elk River
Breanne Rothstein
Economic Development and Housing Director
City of Brooklyn Park
Jacquel Hajder
Economic Development Specialist
Anoka County Regional Economic Development
Cathy Mehelich
Economic Development Director
City of St. Cloud
Kim Lindquist
Community Development Director
City of Rosemount
Scott Thompson
Senior Project Manager
Crawford Merz
Brady Busselman
Commercial Practice Leader
Sambatek
Brian Gjerde
PE, Vice President
ISG Inc
David Berglund
Senior Managing Director
JLL
Philip Cattanach
Vice President & General Manager
Opus Development Company, L.L.C.
Josh Budish
Vice President, Leasing & Development
Duke Realty
Peter Mork
Managing Partner
Capital Partners
Jeff Gears
Vice President of Architecture
BDH
Samantha Markman
Economic Development Coordinator
City of Faribault
2020 Industrial Real Estate Market Overview
• 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?
• Effect of legalization of marijuana in other markets, is MN next? How to prepare
• Will on-shoring of manufacturing facilities impact Minnesota real estate in any way?
• 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?
• Effect of legalization of marijuana in other markets, is MN next? How to prepare
• Will on-shoring of manufacturing facilities impact Minnesota real estate in any way?
Working with Local Government to Build Lasting Product
• 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
• 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
The State of Industrial Development
• 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 and built-to suit
• Redevelopment opportunities for last mile facilities
• 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 and built-to suit
• Redevelopment opportunities for last mile facilities
Capital Markets and Investment Climate
• 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?
• 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?
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2020 Industrial Real Estate Summit
Golden Valley Country Club
7001 Golden Valley Rd
Golden Valley, MN 55427
Friday, November 13, 2020
8:00 am – 12:00 pm Program
Register Here
Registration Options
$59 – Virtual Live Stream
$99 – Virtual Live Stream Enhanced Registration
$99 – In-Person Enhanced Registration
Benefits Included with Enhanced Registration Option
- Your name listed as “People to know” in both the Minnesota Real Estate Journal and on LinkedIn
- Your name listed in “Who’s Attending” on pre-event marketing
- Full List of attendees after the event
Connexus Energy
Bruce Sayler
Principal
bruce.sayler@connexusenergy.com
Services Provided
Electric Utility
Company Description
Based in Ramsey, Minnesota, Connexus Energy is Minnesota’s largest electric cooperative, providing electricity and related products to member residents and businesses. Connexus Energy serves more than 130,000 members in portions of Anoka, Chisago, Hennepin, Isanti, Ramsey, Sherburne, and Washington counties.
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Contact Us for Future Sponsorship Opportunities
Jeff Johnson
Chief Executive Officer
952-405-7780
Jay Kodytek
Vice President
952-405-7781
Data Centers | Minnesota
> Golden Valley Country Club, 7001 Golden Valley Rd, Golden Valley, MN 55427
> 8am - 11am
National | Technology
> Virtual Event
> 9am- 1:00pm CST
We are always looking for speakers who represent diverse populations.
Please help us out by volunteering to speak or introduce us to anyone who you think would be a good fit.
Send to jeff@rejournals.com or jay@rejournals.com