8:00 Panel 1
Colleen Eddy
Economic Development Director
City of Elk River
Brady Busselman
Client Service Manager
Sambatek
joe fritz
king
fart
Market Update: COVID-19 Office Report
• Vacancy Rates: Minneapolis/St. Paul and Suburban office market update
• Leasing trends: What projects are leasing up and why
• Rental Rates: Where are we at and what is driving rates
• Renewals and Rent Forgiveness Trends
• Non COVID-19 factors driving demand in the Office Market
• Future of co-working space
• Occupancy and rent predictions for 2021
• Predictions on where the office market will be in the next couple years
• Update on Recent Sale Transactions, CAP Rates & Investment Market
• How appraisal valuations are impacting sales and shaping the market
• Post COVID-19 Office Development
9:40 Panel 2
Duane Poppe
Principal
Lee & Associates
Jeff Borling
Economic Development Lead
Great River Energy
Kim Lindquist
Community Development Director
City of Rosemount
Scott Thompson
Senior Project Manager
Crawford Merz
Year-end Cash flow strategies for the office market
• Tax implications of Leasing arrangement and modifications
• Tax strategies to exit and office building
• Real Estate year-end planning opportunities
• How to meet the requirements of the Tenant and the Landlord
10:10 Panel 3
Jeff Gears
Vice President of Architecture
BDH
Jim Montez
Vice President
TRANSWESTERN
How COVID-19 Has Impacted Tenant Improvements
• The importance of design and pre-planning for a more profitable project
• How to meet the requirements of the Tenant and the Landlord
• How quality Tenant Improvements & Design can help spur leasing activity
• How construction and material costs have impacted the market
• How advancements in technology are changing the needs of tenants
• How furniture manufactures are impacting space design
• Current pressures on the design/construction market that is impacting the TI industry
• Cost effective changes you can make right now to improve your space
16th Annual
2020 Office Summit
$39 – Virtual Event
December 4, 2020
8:00 am – 11:00 am Program
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Vice President
952-405-7781
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