2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
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2021 PLANNER
Minnesota Real Estate Journal
7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 553692021 Media Readership
The Minnesota Real Estate Journal is the only community newspaper for the local
commercial real estate industry. Each issue provides comprehensive coverage of the
deals that have happened and insight on the trends shaping deals about to happen.
Our 14,000+ Readers Include:
Senior-Level Decision-Makers
45% Real Estate Firms 33% Investment/Finance
Developers/Owners Owners and Investors
Real Estate Brokers (Institutional and Private)
Property/Facility/Asset Managers Commercial Lenders
10% 12%
Consultants Corporate Real Estate
Architects, Accountants, Appraisers,
Attorneys, Environmental, Economic
Development Groups, Contractors,
Title Insurers, Professional Service
and Product Firms
Our readers include members of the following major industry
organizations and associations:
Minnesota Commercial Association of Realtors (MNCAR) Sensible Land Use Coalition
National Association of Industrial & Office Properties Certified Commercial Investment Member Minnesota
(NAIOP) Dakotas Chapter (CCIM)
Minneapolis BOMA (BOMA) International Facility Management Association (IFMA) –
St. Paul BOMA (BOMA) Minnesota Chapter
Minnesota Shopping Center Association (MSCA) Institute of Real Estate Management (IREM) – Minnesota
Urban Land Institute Minnesota (ULI) Chapter
Minnesota Commercial Real Estate Women (MNCREW) The Appraisal Institute (AI)
Minnesota Multi Housing Housing Association (MMHA) Society of Industrial and Office Realtors (SIOR)
Appraisal Institute North Star Chapter Corporate Real Estate Network (CORENET)
Associated General Contractors of Minnesota National Association of Real Estate Investment Trusts
Minnesota Subcontractors Association (NAREIT)
Hospitality Minnesota Pension Real Estate Association (PREA)2021 Editorial Calendar
Editorial Contributions to MNREJ
Email our editor, Dan Rafter, at drafter@rejournals.com with indus- Editorial attachments are preferred as Word documents. Please
try news and trends; new hires or promotions; sales and leases and do not embed photos in copy. Deadline for bylined articles: 2nd
upcoming events. In addition to appearing in print, news will also Friday of the month for consideration in following month’s edition.
appear at www.rejournals.com and will be distributed via broad-
cast email every Friday. For byline article submission and direction For editorial direction, please contact:
please contact the editor prior to writing the article. All articles must Dan Rafter, p 630.444.0477, drafter@rejournals.com
be exclusive to IREJ. All art and photography attachments should
be 300 dpi pdf or jpg files (see advertising specifications).
The Minnesota Real Estate Journal is Company Profile: An in-depth look at com- Development Profile: The Minnesota Real Weekly E-Newsletter: Every Friday, the
a community newspaper for the local mercial real estate firms making an impact Estate Journal gets the story behind marquee Minnesota Real Estate Journal sends its
commercial real estate industry. Each issue of in Minnesota. Whether it is corporate giants, developments and examines what makes weekly eBlast to approximately 11,500
MNREJ covers the hottest topics and trends successful private firms or new ventures, we them a success. subscribers. The eBlast is filled with the
pertaining to a specific commercial real estate highlight firms with a unique story to tell. Q&A: The editor of the Minnesota Real latest breaking news, industry profiles and
sector. Professional Profile: A look at a successful Estate Journal often sits down with a highly company announcements.
commercial real estate professional, high- successful professional with a unique story Directories: Each issue will feature directo-
The geographic focus gives an in-depth look lighting the reasons for the person’s success. to tell. ries that include: company logo, company
at major markets throughout Minnesota, CRE Future Leaders: Once a week we profile News Briefs: Our Briefs sections highlight contact info, key contacts, 35-word services
highlighting the important stories and trends a young professional who has had early the deals and dealmakers that make the provided, 35-word company description. Low
in each area. success and who is projected to be a leader commercial real estate industry such a vibrant cost advertising, maximum exposure.
in the real estate industry. business.
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October 1st at
©2020 Real Estate Publishing Corporation
20 August 2020 • VOL. 36 NO. 3 Rejournals.com/mnawards
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AS big retail deal during COVID-19? NAI Legacy meets the challenge
f f th of
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Yo rkets showAviso low hat’s month to th wasinneapolis’ 1
tors r 20 gest hen
ab Legacy 5.5 is proving
lio
n that big France Ave. South. The 58,000-square-foot three-story Michael Houge, managing le in partner
in ou of NAI nou Legacy and e ar B E
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a ts nbig retail deals RH Gallery features a wine vault, showrooms filled with head of its net-leased division. e ow b cl
firs ccord ial s d reta oget o e stro 15, w n1 Gro confirm didn’ this ord e a par ient Kol
&W
are ordin
sr
rpti doneth 2today, 0 d. even thain the age of COVID- the brand’s furniture and a rooftop restaurant. the up purc ed th t nam histori
s. It
’s p t of ple ud sa
a c c A erc an bs t is e e re of id
mm ial l a ha inc orb mo This didn’t mean, though, that NAIealLegacy
d h at N e a bu c sa re tty Citie h ow that
man
in co str tota t. T19. t s abs as was asedofficials ew didn’t ye le even s. That strong the bi
Tw lf indu The re fee arke was rate w not the p Yor r, Th yester
to th as M stren the in g deal
the d ha 6801 France DST, a Delaware Statutory Trust controlled worry about closing such a big deal during or
rele a pandemic k- e
ear. squa ies m space tion ased toflio based Busin day.
Cush
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in
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Cit et of sorp brokerage and property management e fi The B s Journ nd
rke se ial lion inMinneapolis by NAI Legacy, acquired the property directly from RH that has decimated the retail industry. dem om a pla al
ic tu and th ins w marke the late
ma the str ab nal
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e r ta te ak in , indu in- company u 19 announced that it has acquired the in a sale and leaseback transaction that included a 20- s pri n du
rmoi e re hy th t is
in
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M q 2 e l br st is am-
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ft d s e ough of th deal the T
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t on e cou was cl win
Da ial th y re at
y, an real
by th ntr y
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ose
By a in Edina, Minnesota. in March. Then COVID-19 hit. This caused NAI Legacy d es ly a e C adju d
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re said va stoo The combination of the store’s quality and its desirable to pause the transaction. iall lt
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Min pe acro
9 rs Wa mp la tail
201 to Greater Southdale District Plan, opened in 2019 at 6801
of il sec an & aul C rter o and re
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DEALS (continued on page 16) CSM ota, ss the
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reta ushm /St. P qua strial
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