2020 Industrial
Real Estate Summit
November 13, 2020
2020 Industrial
8:00 Panel 1
Nate Erickson
Vice President
Transwestern
Duane Poppe
Principal
Lee & Associates
Chris Weirens
Director
Cushman & Wakefield
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?
9:00 Panel 2
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
Samantha Markman
Economic Development Coordinator
City of Faribault
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
10:00 Panel 3
Steven Hoyt
Chief Executive Officer
Hoyt Properties, Inc.
Brady Busselman
Commercial Practice Leader
Sambatek
Philip Cattanach
Vice President & General Manager
Opus Development Company, L.L.C.
Josh Budish
Vice President, Leasing & Development
Duke Realty
Jeff Gears
Vice President of Architecture
BDH
Paul Hyde
CEO
Hyde Development
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
11:00 Panel 4
Mark Kolsrud
Senior Vice President
Colliers
Judd Welliver
Executive Vice President
CBRE
David Berglund
Senior Managing Director
JLL
Peter Mork
Managing Partner
Capital Partners
James DePietro
Principal
CBRE
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?
Thank you
Contact Us for Future Sponsorship and Speaking 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