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Wells Fargo Center

Wells Fargo Center

Wells Fargo Center, designed by the recently passed Cesar Pelli, since built in 1987 has been the trophy tower of Minneapolis. At 57-stories and 1.2M SF, it is home to some of the most prestigious financial and legal firms in the state. Now undergoing a renovation to elevate the experience in the lobby and add an amenity floor with an upscale tenant lounge, fitness center with a unique offfering and conference center to rival nearby hotels, tenants are clamoring for the opportunity to get into the handful of vacant floors that just became available for the first time in this building’s history.

Speakers and Panels

The Future of Commercial Real Estate in the Twin Cities

Anne Behrendt

Anne Behrendt

President & CEO

Doran Companies

Jeremy Jacobs

Jeremy Jacobs

Managing Director and Market Leader

Colliers

Erin Fitzgerald

Erin Fitzgerald

Principal

Transwestern

Lance Wright

Lance Wright

Managing Director, Head of Central Region Origination

ACORE Capital

Bill Griffith
Moderator

Bill Griffith

Shareholder

Larkin Hoffman

Anne Behrendt

President & CEO

Doran Companies

As President and Chief Executive Officer of Doran Companies, Anne sets the strategic direction for Doran Companies. Together with Founder Kelly Doran and Chief Financial Officer Ryan Johnson, Anne ensures the development-led company is well positioned to maintain its competitive edge and continue its strong growth trajectory. Anne received her B.A. from the University of Wisconsin-Madison and her J.D. from the University of Minnesota Law School.

Erin Fitzgerald

Principal

Transwestern

TRANSWESTERN ROLE

Erin serves as a Principal in the Minneapolis office of Transwestern and focuses on

urban office leasing. As workplace strategy specialist, Erin understands current

market trends and uses that knowledge to implement win-win solutions for owners

and tenant organizations. At Transwestern, Erin has guided the renovation and

repositioning of four CBD buildings totaling more than 5M SF.

CAREER HIGHLIGHTS

In 2018, Erin was tapped to be part of a national advisory team as Transwestern’s

amenities expert, where she advises owners and investors of large office projects in

markets throughout the U.S. on renovation and repositioning strategies.

Since 2005, Erin has played a key role in the transformation of the Minneapolis

CBD, piloting the renovation and repositioning of nine CBD buildings totaling more

than 12M SF. Prior to joining Transwestern, Erin led the MN Chapter of the CBRE

Women’s Network.

PROFESSIONAL AFFILIATIONS

NAIOP Commercial Real Estate Development Association Board Member (Co-chair

of Education Committee)

CoreNet Global Midwest Chapter (MCRw candidate)

Minnesota Commercial Association of Realtors (MNCAR)

EDUCATION

Bachelor of Arts Degree – Public Relations & Business, University of Minnesota

Licensed Broker

Lance Wright

Managing Director, Head of Central Region Origination

ACORE Capital

Lance Wright is a Managing Director for ACORE Capital and operates out of the firm’s Dallas, Texas

office. He manages the Central Region for ACORE which includes both the Southwest and Midwest

areas of the United States and he originates roughly $1 billion of debt volume per year.

Prior to his current role, Lance was a Regional Director at GE Capital Real Estate where he oversaw the

origination efforts in the Central portion of the United States. While at GE, Lance was named one of the

“20 Rising Stars in Real Estate” by Institutional Investor News in 2008. Prior to this position, Lance was a

Senior Director at GE and was consistently one of the top producers within North America Lending.

Lance has been actively involved in the real estate finance industry since graduating from SMU in 1990.

He joined GE in 2001 from Heller Financial where he was Director. Earlier in his career, Lance worked

with Amresco in Dallas.

Currently a Vice Chair of the 1,250-member ULI North Texas Chapter, Lance is an active member in the

national ULI Student Housing Council (STHC), and is also a member of NMHC, MBA, ICSC and The Real

Estate Council (TREC).

Lance has a BBA in Finance from SMU and an MBA in Finance from the University of Texas at Arlington.

While at SMU, Lance was a member of the 1986 SMU Mustang football team

Lance has been married to his wife, Angie, for 19 years and they reside in University Park, Texas. They

have three children – Christian (age 16), George Nicholas (age 14) and Alexandra (age 10). Lance

enjoys watching his children’s sports teams, playing golf, traveling, and reading in his spare time.

Bill Griffith

Moderator

Larkin Hoffman

Bill Griffith is a shareholder for Larkin Hoffman in the firm’s real estate and land use practice group. He practices extensively in land use, zoning, real estate, environmental permitting and municipal law. Bill has served as legal counsel to Mall of America for more than 20 years and also serves as city attorney for the city of Columbus. In addition to his practice, he has been an adjunct professor in land use law at the University of St. Thomas School of Law. Bill has published articles and guest commentary in Urban Land, Minnesota Business, Minneapolis Star Tribune, St. Paul Pioneer Press and the Minnesota Real Estate Journal, and is a frequent speaker at seminars on land use, zoning, municipal and environmental law.

Fireside Chat: Featuring United Properties President, Bill Katter

William Katter

William Katter

President & CIO

United Properties

Cynthia Froid
Moderator

Cynthia Froid

Realtor & Principal

Cynthia Froid Group

William Katter

President & CIO

United Properties

Bill Katter is Co-President of United Properties Investment (UPI) and President & Chief Investment Officer of United Properties Development (UPD).

Current Responsibilities

As President and Chief Investment Officer of United Properties Development he has responsibility for all new investment projects and all development personnel. Bill oversees all aspects of United Properties’ development activities, including land acquisition, entitlement, design, construction, company and project marketing, and project capitalization and disposition.

Bill co-leads the combined companies, United Properties (UP) with Matt Van Slooten, President and Chief Investment Officer of United Properties Investment (UPI). Bill serves as chair of United Properties’ Investment Committee and is a member of the Executive Team and the Board of Governors.

Past Experience

Prior to his executive leadership role at United Properties, Bill significantly impacted United Properties’ success, both in the Twin Cities and Denver. He was responsible for the purchase and/or development of more than five million square feet of office and industrial space for the company from 2006-2014. Notable projects in Minnesota include the development of the C.H. Robinson corporate campus in Eden Prairie, the acquisition of Plymouth Ponds Business Park, development of the LEED Gold 8200 Tower of Normandale Lake Office Park, the adaptive re-use of both 505 and 655 Nicollet Mall properties, the renovation of the Ford Center and Loose Wiles historic buildings, and development of the Be The Match headquarters in downtown Minneapolis. In the Denver market, Bill initiated the development of Enterprise Business Center, a two million square foot master-planned and award-winning industrial park.

Professional and Community Involvement

Bill is an active member of the National Urban Land Institute’s Industrial and Office Park Development Council. He is also a member of the National Association of Industrial and Office Properties (NAIOP) and the University of St. Thomas Real Estate Advisory Board.

Education

Bill earned a Bachelor of Arts degree in humanities from the University of Minnesot

Cynthia Froid

Moderator

Cynthia Froid Group

Cynthia’s real estate career began flourishing in 1996 during the revitalization of the Minneapolis riverfront, while marketing some of the most prominent historic loft conversions and luxury condominium and townhome projects downtown. Working with many of the top developers, architects and contractors in Minneapolis gave her a broad level of knowledge and connections within the residential condo market. In 2009 Cynthia formed the Cynthia Froid Group, headquartered in the heart of the historic Mill District in an effort to grow her business and provide the highest level of professional service to her many loyal clients. She has remained fiercely committed to selling the finest real estate in Downtown Minneapolis, and is honored to be diving back into new construction sales as the exclusive sales agent for the upcoming Four Seasons Private Residences at the RBC Gateway site. Cynthia is a loyal supporter of many Minneapolis organizations including Mill City Farmers Market, People Serving People, Mpls St Paul International Film Festival and Green Minneapolis. When she not selling real estate, she enjoys practicing French, traveling, scuba diving, kayaking, and spending time with her husband and two teenage sons.

Summary

  1. With about a third of Minnesota’s opportunity zones being located in metro areas, how do developers plan to take advantage of these new regulations?

  2. How has the opening of Allianz field helped to drive investment to the area after losing a few major retailers?

  3. According to reports from CBRE, the office market is primed for a strong 2019 as rental rates are 15.9% above the 10-year average. What is behind this surge?

  4. It’s a good time to be in multifamily game, with vacancies as low as 2.8%. With over 5,500 units delivered in 2018 is there a risk of over supply?

  5. What overarching development and design trends are making a major splash in the Twin Cities?

1. With about a third of Minnesota’s opportunity zones being located in metro areas, how do developers plan to take advantage of these new regulations? 

 2. How has the opening of Allianz field helped to drive investment to the area after losing a few major retailers? 3. According to reports from CBRE, the office market is primed for a strong 2019 as rental rates are 15.9% above the 10-year average. What is behind this surge?  4. It’s a good time to be in multifamily game, with vacancies as low as 2.8%. With over 5,500 units delivered in 2018 is there a risk of over supply? 5. What overarching development and design trends are making a major splash in the Twin Cities?

Venue

Wells Fargo Center
90 South Seventh Street, 8th floor
Minneapolis, MN 55402


IDS Center Parking Garage
716 South Marquette Avenue
Minneapolis, MN 55402

ValetGravidae Common
61 South Sixth Street
Minneapolis, MN 55402
$39/2 HOURS

Marquette Hotel
710 South Marquette Avenue
Minneapolis, MN 55402
$16

The Westin
88 South Sixth Street
Minneapolis, MN 55402
$10

Agenda

Time Activity
12:30 PM
1:30 PM
Coffee, Breakfast, & Networking!
1:30 PM
2:00 PM
Fireside Chat: About The Gateway Featuring United Properties President, Bill Katter
2:00 PM
3:00 PM
The Future of Commercial Real Estate in the Twin Cities

Major Developments, New Trends, & More

3:00 PM
3:30 PM
More Shmooze!