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Twin Cities State of the Market

Riding An Office And Multifamily Boom: What Is Next For The Twin Cities

Event Ended On: Thursday September 26 2019

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Event Host

Events Raw Space

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

Jeremy Jacobs

Jeremy Jacobs

Managing Director and Market Leader, Colliers
Lance Wright

Lance Wright

Managing Director, Head of Central Region Origination, ACORE Capital

Fireside Chat: Featuring United Properties President, Bill Katter

William Katter

William Katter

President & CIO, United Properties

Venue

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


Parking Information:

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

Get Directions

Agenda

Time Activity
7:30 AM
8:30 AM
Coffee, Breakfast, & Networking!
8:30 AM
9:00 AM
Fireside Chat: About The Gateway Featuring United Properties President, Bill Katter
9:00 AM
10:00 AM
The Future of Commercial Real Estate in the Twin Cities
Major Developments, New Trends, & More
10:00 AM
10:30 AM
More Shmooze!

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?