15th Annual 2019 Office Summit

Summary

15th Annual 2019 Office Summit
Friday, December 6, 2019
8:00 AM - 12:00 PM Program
Golden Valley Country Club
7001 Golden Valley Rd, Golden Valley, Minnesota 55427, USA

8:00 AM Market Update: An Evaluation of the Office Market & What Tenants require today
Steve Chirhart,
SIOR, Principal, TaTonka Real Estate Advisors
Richard Reynolds, President & CEO, AREA Commercial Real Estate Advisors
Brent Erickson, Senior Managing Director, Newmark Knight Frank
Chas Simcox, Vice President, Avison Young
Jim Freytag, Senior Vice President, CBRE
• 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
• What are the factors driving demand in the Office Market
• How has the needs of tenants affected what brokers need to know
• How co-working space impacts our market
• Occupancy and rent predictions for 2020
• Predictions on where the office market will be in the next couple years

8:50 AM Office Properties: Legal War Stories
Mary S. Ranum,
Shareholders, Fredrikson & Byron, P.A. 
Kristin N. Blenkush, Shareholders, Fredrikson & Byron, P.A.
• Issues arising in purchase/sale transactions
• Ownership and operations challenges
• Understanding liability

9:30 AM Office Development & Investment Trends Changing the Industry
Bill Katter,
President & CIO, United Properties
Andrew Webb, Principal, Redline Property Partners
Chris Stockness, Managing Director, Shenehon Company
• Recap on recent transactions in the Twin Cities 
• Who is Buying in the Twin Cities & Where are CAP Rates at
• How appraisal valuations are impacting sales and shaping the market
• Office investment predictions for the next two years
• Dealing with today’s challenges in Office Development
• What is needed to spur growth in the Office sector
• What is in store for downtown development
• Hot markets for Office Development and which areas are next
• Future predictions for the Office Market

10:15 AM Break

10:25 AM The Value of Tenant Improvements in Securing New Leases and Retaining Tenants
Kory Carlston,
Sr. Project Manager, Crawford Merz
Hans Siekfer, President, Greiner Construction
Jeff Gears, Vice President, bdh+young
Lona Gayton, Director of Interior Design, Mohagen Hansen
Weld Ransom, Managing Partner, Plan Force Group
• 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

11:10 AM The West End – The New Urban
Chris Culp,
CEO, The Excelsior Group
Tony Barranco, Senior Vice President, Ryan Companies
Mike Honza, Principal, Transwestern
Tom O’Brien, Executive, Director, Cushman & Wakefield
Tricia Pitchford, Principal & Senior Vice President, Mid-America Real Estate
• Tenant Demand
• Where are the tenants coming from?
• Why the Twin Cities?  Why West End in Particular?
• What sold? What will sell? How do these compare to the rest of the Twin Cities?
• How has West End impacted neighborhood? What is impact on the rest of the City?
• Jobs, Surrounding development, infrastructure

12:00 PM Adjourn and Networking

15th Annual 2019 Office Summit

Details

  • When

  • Friday, December 6, 2019
    8:00 AM - 12:00 PM
    Central Time

  • Where

  • Golden Valley Country Club
    7001 Golden Valley Rd
    Golden Valley, Minnesota 55427
    USA

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