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Volume 17, Number 9 September 2003 Feature Article The “Greening” of by Bob Barton, Kraus-Anderson Realty Company

o many, the greening of Minnesota is some- impact on the environment, that remains attractive thing that only occurs in the springtime. and functional, and saves utility costs over the life THowever, to those of us in the commercial of the structure. real estate industry, the greening of Minnesota How can you tell if a building is “Green”? refers to the ever-increasing emphasis on “green” building design and technology that is quickly The answer to this question is the LEED Green Building Rating System™, developed by the US gaining momentum across North America. The Green Building Council. LEED is an acronym for range of “green” design features is extremely varied Leadership in Energy & Environmental Design and and includes options for energy efficient materials, is a system for rating new and existing commercial, passive solar considerations, and structural and institutional, and high-rise residential buildings on mechanical components. These options all work in standards of environmental performance. Building harmony to create a building that has minimal Greening continued on page 2 SHOPPING CENTER SNAPSHOT The Crossroads of Lakeville

Location: The Southeast Corner of Cedar Avenue and Dodd Boulevard Opening: March 2004 Owner: Lakeville 2003, LLC Managing Agent: H.J. Development Leasing Agent: Jeff Carriveau and Emily Carriveau, H.J. Development (952) 476-9400 Architect: Opus Northwest LLC/ Pope Associates Construction Contractor: Opus Northwest LLC Market Area Served: Lakeville, Apple Valley, Farmington GLA: 150,000 sf Construction Style: Brick, Block, and EIFS Current Occupancy: Approximately 80% leased Additional Facts/Narrative: The Crossroads of # of Stores: Approximately 30 Lakeville has excellent visibility and convenient Anchor Tenant: Cub Foods access, including two traffic signal entrances. Building quality and tenant mix will be top of Other Tenants Include: Caribou Coffee, Great the line. Tenants will begin opening in March of Clips, Quiznos 2004. Pad sites and in-line spaces still available. GREENING continued from page 1 performance is evaluated from a “whole Work to change zoning to permit the job site. Raw materials have been building” perspective over a building’s life mixed-use development so homeowners extracted from the ground or harvested cycle. LEED evaluates six criteria, each of can walk to the store or to work. from forests, pollutants have been generated which includes several goals or measures. Incorporate home offices into houses to during the manufacturing process, and These criteria (followed by goals below) permit “telecommuting.” energy has been consumed throughout the are: sustainable site, water efficiency, production process. Some materials, such energy and atmosphere, materials and Site buildings to enhance the public as those containing ozone-depleting resources, indoor environmental quality, space around them and maximize HCFCs and VOCs, continue emitting and innovation and design. pedestrian access. pollutants during use. And some materials Sustainable site: site selection, urban Water efficiency: water-efficient land- have significant environmental impacts development, brownfield redevelopment, scaping, innovative wastewater technolo- associated with disposal. In order to alternative transportation options, reduced gies and water use reduction. erion, one could: site disturbance, storm water management, Strategies for accomplishing these goals Avoid materials that generate a lot of landscape and exterior design to reduce might include: pollution (VOCs, HCFCs, etc.) during heat islands, and light pollution. manufacture or use. Install water-efficient plumbing fixtures Some strategies for accomplishing these and appliances. Specify materials with low embodied energy (the energy used in resource goals might be: Collect and use rainwater. extraction, manufacturing, and shipping). Protect wetlands and other ecologically Provide low-water-use landscaping important areas on a parcel of land to (xeriscaping). Specify materials produced from waste be developed—some sites should be or recycled materials. reevaluated as to whether development Separate and use graywater for landscape irrigation where codes permit. Specify materials salvaged from other should be carried out at all. uses. Provide for groundwater recharge through On land that has been ecologically dam- effective storm water infiltration designs. Avoid materials that unduly deplete aged, work to reintroduce native species. limited natural resources, such as old- Energy and atmosphere: building systems Protect trees and topsoil during growth timber. commissioning, minimum energy perfor- construction. mance, CFC reduction in HVAC equipment, Avoid materials made from toxic Avoid pesticide use—provide construc- optimize energy performance, renewable or hazardous constituents (benzene, tion detailing that minimizes the need energy, elimination of HCFCs and Halons, arsenic, etc.). for pesticide treatments. measurement and verification, and green Indoor environmental quality: minimum Design communities that provide access power. IAQ performance, environmental tobacco to public transit, pedestrian corridors, Accomplishment of these goals may be smoke control (ETS), carbon dioxide and bicycle paths. done through strategies such as: monitoring, increase ventilation effective- ness, construction IAQ management plan, In buildings with skin-dominated energy low-emitting materials, indoor chemical loads, incorporate high levels of insula- Upcoming Events and pollution source control, controllability tion and high-performance windows, of systems, thermal comfort, and daylight and make buildings as airtight as possible. MSCA programs are held at 8 a.m. and views. (7:30 a.m. registration) unless otherwise Minimize cooling loads through careful indicated. Pre-registration ends at noon the Scenarios to accomplish these goals building design, glazing selection, lighting day prior. Any registrations received after could be: that will not be guaranteed pre-registration. design, and landscaping. Design air distribution systems for easy Program topics are subject to change. Utilize renewable energy resources to cleaning and maintenance. meet energy demand. PLEASE NOTE Avoid mechanical equipment that could Install energy-efficient mechanical LOCATION introduce combustion gases into the equipment, lighting, and appliances. building. Wednesday, October 1 Materials and resources: building reuse, Avoid materials with high rates of VOC construction and waste management, Retailer Panel offgassing such as standard particle- Holiday Inn Mpls Metrodome resource reuse, recycled content, local/ board, some carpets and adhesives, and regional materials, rapidly renewable Wednesday, November 5 (Afternoon) certain paints. Retail Report materials, and certified wood. Holiday Inn Mpls Metrodome Most, but not all, of the environmental Control moisture to minimize mold and mildew. Tuesday, December 9 (Evening) impacts associated with manufacturing STARR Awards/Year End Ceremonies building materials have already occurred Introduce daylight to as many spaces as Minnesota Valley Country Club by the time the materials are delivered to possible. Greening continued on page 3 2 2003 Back to School by Lisa Diehl, McDonald’s Corporation

ack-to-school is retail’s second Analysts say retailers are in a better place will be wearing mini skirts, most important season, following than they were a year ago, with inventories flat boots and clunky shoes, leggings, B the year-end holidays. There are under control and bigger emphasis on vintage t-shirts over long sleeves, retro signs, faint but growing, that American current merchandise, both of which should sneakers, cargo pants with lots of pockets. consumers are ready to spend again during help them resist the rush to promote. Aver- Retailers anticipated to come out on top this crucial back-to-school season, giving age July sales came in 4.3% higher than this year include Abercrombie & Fitch, retailers something they haven’t seen for last July’s figures, according to the Bank Gap, American Eagle and The Children’s while: a strong fourth quarter. of Tokyo-Mitsubishi. Place. Department stores should hold their own. Timely pre-season clearance sales Much of the uncertainty over war in Iraq Retailers state that it’s too early to tell contributed to Wal-Mart’s 4.6%, Target has passed and companies are beginning to which trends will take off. Typically, the Stores 4.3%, and Kohl’s 6.7% comps. report healthier earnings. Even though most profitable have been apparel. Among unemployment remains high, the stock the big sellers, will be electronic goods, Consumers: According to a survey by market’s renewed ability to go somewhere including digital cameras, high-quality the National Retail Foundation (NRF), other than down points to stronger earnings. printers, apparel and footwear. Gen Y-ers consumers are planning on spending an average of $450 this year compared with $441 last year. Ironically, only about $74 GREENING continued from page 2 is actually earmarked for school supplies, Provide for continuous ventilation in all building and type of green roof. Using such as pens, pencils, paper and notebooks. occupied buildings—in cold climates, a Micro Axess Simulation model, Envi- The NRF partially credits the anticipated heat-recovery ventilation will reduce the ronment Canada found that a typical boost in back-to-school spending to the energy penalty of ventilation. one-story building with a grass roof and $13 billion in tax credit checks sent to 10 cm (3.9 inches) of growing medium more than 25 million families. Give occupants some control of their would result in a 25% reduction in environment with features like operable Consumers are more educated and know summer cooling needs. windows, task lighting, and temperature where to go to shop for value. Discount controls. Potential to reduce the size of stores like Target and Wal-Mart are HVAC equipment on new or retrofitted perceived as having good quality that can Innovation and design process: an open buildings. compare to other stores. Another shift category for measures not specifically today is that consumers are going to fewer addressed in any of the other LEED criteria. Potential to reduce the amount of stan- and fewer stores. The latest survey from dard insulation used. Innovation in green technology is acceler- America’s Research latest indicated that ating at a rapid pace. A good example of Potential to incorporate cooling and/or 30% of consumers planned this year to this innovation is the evolution of the “green water treatment functions. shop at three stores, but 51.9% plan to roof”. The term “green roof” applies to a shop at either one or two stores. The focus behind building a green or high multi-layered system that includes a water- performance building is to integrate Another factor affecting better than proof membrane, a drainage plane, soil and design, construction and building opera- anticipated sales has been the weather. living plants. The systems are generally tions. This focus takes into account life- The lack of rain in Minnesota for the installed on commercial buildings in larger cycle costs, environmental impacts, and month of August, offset by the heat, will cities where their ability to store storm water human factors in an effort to create high hopefully result in good sales for the and their cooling benefits are most valuable. quality indoor environments that meet the Minnesota retailers. According to the “Green Roofs for Healthy needs of occupants effectively and effi- It is still too early to predict the 2003 Cities” website (www.greenroofs.ca), ciently. Proponents of green technology holiday shopping season; however, back- green roofs provide the following cost claim that high performance buildings use to-school sales are a good indicator of the savings opportunities for the building less energy than their traditional counter- holiday shopping season. Analysts at owner: parts and are more economical to operate UBS, predict this year a 6% to 6.5% rise and maintain. They also claim that the in holiday sales, compared with an 11% Protection of roof membrane resulting construction process, the materials used in decline in 2002. As retailers learned in the in a longer material lifespan (green the building, and the building operation all past three years, world events can turn on roofs will last up to twice as long as have fewer environmental impacts as well. a dime, and the optimism of August and conventional roofs), decreased mainte- Arguably, the most important benefit September can be long gone by the begin- nance and savings in replacement costs; hoped to be derived from this process is ning of December. If the economy can Savings on energy heating and cooling increased health, well-being, and produc- manage a turnaround in the third quarter, costs, depending on the size of the tivity of building occupants. we could see a tremendous Christmas. 3 If you have additional tidbits, please forward them to Industry Tidbits Tim Hilger, newsletter co-chair, at [email protected] by Tim Hilger, Diversified Acquisitions, Inc.

’s stock has been on the rise as hired a new CEO. About does not plan any major changes or store the “king of electronic retailers” posts two months after being sold by Best Buy closing at Musicland until after the sales gains stronger than expected and an to Sun Capital Partners, Musicland’s Holiday Season’s sale results are in. increase in profit margins. This is in stark former CEO Connie Fuhrman leaves the SuperValu announced that they were contrast to Ultimate Electronics (Audio entertainment retailer and Eric Weisman going to buy some of Fleming Cos. assets King) reporting a 10% decline in same is hired as her replacement. Weisman in Wisconsin and Ohio. The acquisition store sales and Circuit City also suffered comes from Florida based Alliance also includes the trade names Festival through a 10% decline in same store sales. Entertainment Corp. where he was CEO. Foods and Sentry Foods. SuperValu Best Buy announced that they had a deal While at Alliance he was credited with will also acquire the licensing rights to with RealNetworks Inc. that allows the turning around Alliance Entertainment Jubilee Foods in some markets and the retailer’s customers to test and sign up for including guiding the large entertainment bakery name Crestwood Bakery. RealNetwork’s online music service at any product distribution and fulfillment of the retailers 560 stores. company out of bankruptcy. Weisman Tidbits continued on page 5

Paper Warehouse abandoned its recent bankruptcy filing and sold its assets to California based rival Party America, which has 38 stores. Party America will take over the remaining 62 Paper Warehouse corporate stores, and the franchisor responsibilities for 51 franchisee stores and the Internet site. The new owners predicted that in 60 to 90 days major changes will appear at the acquired stores. Party America is the largest party goods retailer west of the Rocky Mountains. Their stores are usually 10,000SF and have more than 20,000 SKUs. Additionally, Party America has a more festive-party atmosphere than its former Minnesota rival. There are early indications that the Paper Warehouse headquarters staff will be reduced. Thank You for Helping Minnesota Gander Mountain announced several Students Prepare for School! promotions. Dennis Lindahl was named CFO, he was the former CFO at Holiday he 2003 Caring Tree Campaign was able to serve thousands of students Stores, the parent to Gander Mountain. throughout the state of Minnesota, thanks to generous contributions from Scott Cisney and Andy Carlin were T individuals and businesses in our local communities, as well as many promoted to regional Vice Presidents. members of MSCA. Your donations will give low-income students a better chance to successfully complete their education. Final Caring Tree Program totals will be McDonald’s is experimenting with new announced in the October newsletter. technology to speed up service at its stores by installing computer kiosks, which allow Caring Tree Fundraiser September 25th computer savvy customers to enter their own food order. If you can use a self- For those of you looking for another way to help support The Caring Tree, service terminal to buy 2x4s, tools, airline please join us for a wonderful evening of wine, hors d’oeuvres and mingling. tickets, groceries why not a Big Mac! The The Caring Tree Fundraiser will be held at the Doran Residence on first test will be conducted in the fast food Thursday, September 25th from 6 – 9 p.m. Your $80 contribution retailer’s headquarters’ building restaurant. (per person) will advance the Foundation’s efforts to provide McDonald’s reported comparable store low-income children throughout Minnesota with new school sales increases 4.2% in July vs. the July supplies. Limited space is available. RSVP by calling the 2002. This is the fast food retailer’s 3rd Caring Tree Foundation at (952) 888-3490. month in a row with sales gains. 4 TIDBITS continued from page 4 MSCA Member Profile

Target reported a 4.1% increase in 2nd quarter profits vs. last year’s quarter. Peter C. Austin Target stores for the period were up 2.7% while Mervyn’s store sales were down Occupation: Commercial Mortgage Previous to that I 7.9% and Marshall Field’s store sales Broker was a Vice Presi- dent with TCF were off 2.4% for the same period. Target Title: SVP, Principal Corp. reaffirmed their commitment to two National Bank. Company: Welsh Capital, LLC struggling brand names. Marshall Field’s Very First Job: In is launching an experimental remodeling Primary Career Focus: Providing order to spend summers at Whitefish and remerchandising trial test in its flagship financing solutions for real estate clients Lake I started a lawn service with my Chicago store. Mervyn’s and Marshall Hometown: North Oaks, MN brothers. Field’s are adding new merchandise and running special promotions to enhance Education: University of St. Thomas Dream Job: Personal trainer sales. Family: #12 in a family of 15. Daughter Secret Talent: Home renovation SimonDelivers announced that they Aubrey age 14 going on 16+ Favorite Food: Oatmeal raisin cookies are commencing grocery order/delivery Hobby: Working out services in Des Moines, Iowa. MSCA Involvement: Currently 2nd Vice Job History: Been a Commercial President and will be Marketing Commit- Wal-Mart reported that August sales are Mortgage Banker for over twenty years. tee Chair for 2003. Former Treasurer and on track to increase over last August by 5%. Started Welsh Capital in late 1998. Program Committee Chair. Lowe’s said 2nd quarter 2003 same store sales increased 6.9%. In August Payless ShoeSource Urban Outfitters reported that quar- Toys “R” Us stated that they have announced that their store count increased terly stores sales at the namesake stores narrowed their 2nd quarter losses. This as follows: opened 58 new stores, closed increased 10% and 12% at their effort has been part of their 4 year 41 stores which equals a 17 store net gain, Anthropologie stores. restructuring plan. bringing their total store count to 5,020. Americian Eagle stores reported same Yum Brands, Inc. that their combined Kohl’s announced that they opened 35 store sales for the quarter declined 5.3%. brands sales for July were even compared stores during the first half of the year. Restoration Hardware reported to last year. The 3rd quarter by brand They plan on opening a total of 95 stores that 2nd quarter comparable stores sales sales were: Taco Bell = +2%; Pizza Hut by year end. July same store sales were increased 9.9%. = +2%; KFC = - 4%. off by - 4.1%. Galyan’s reported that net sales for the 2nd quarter increased 15%, but comparable store sales decreased 7.7%. Wright County Scramble 2003 The sporting goods retailer noted that they now operate 38 stores in 18 states.

A Scramble Golf Outing for Marketing & Socializing Bank of Toyko-Mitsubishi reported that their survey of 77 chain stores posted September 25th , 2003 their strongest monthly year compared to WRIGHT COUNTY Wild Marsh Golf Course prior year gains since June 2002. July COMMUNITIES WILL 2003 was 4.3% better than July 2002. BE PRESENTING (located in Buffalo on County Road 12 off of So. County Road 25) In the wacky world of sports ownership DEVELOPMENT Forest City Ratner, which lost the bid to OPPORTUNITIES AT 12:30 PM until 7:30 PM redevelop the Meadowland Sports THE TEE BOXES Shotgun start @ 1:00 PM Complex in East Rutherford, New Jersey Dinner at 6:30 PM earlier this year may make a move to buy the Nets and move them to another stadium Partnership Members Golf and Dinner $55 the Ratner will control in Brooklyn, Non-Members Golf and Dinner $75 New York according to sources at the Dinner Only $25 ICSC Xtra.

Mail checks to Wright County Partnership, 6800 Electric Drive, Rockford, MN 55313 And the “beat goes on” in Simon’s and Contact Noel at (763) 477-3086 or Jeanene at (763) 477-3000 ext. 3470 Westfield attempt to take stock control of email [email protected] fax (763) 477-3054 website www.wrightpartnership.org Taubman Centers.

5 What’s Happening

Poppler Joins Opus Northwest the purchase of the La Salsa Fresh Mexican those left unemployed are not expected to Grill and Green Burrito chains. CKE get back into the job market quickly. Opus Northwest Management, LLC, wouldn’t identify the possible buyer but recently announced the addition of Rome Whole Foods Market First to Gain said negotiations were continuing toward Poppler as new Assistant Property Manager. ‘Certified Organic’ Status an expected closure of the deal by August. Prior to joining Opus, Poppler worked for Whole Foods Market Inc., Austin, Texas, Minnesota Real Estate Journal, and is a Tupperware to Withdraw from became the first national grocer to have licensed Minnesota real estate sales Target Stores its 144 retail stores “Certified Organic” professional. Poppler is responsible for Not every partnership is made in heaven. by Quality Assurance International, a one-half million square feet of office, The union of Target and Tupperware was federally recognized certification organiza- industrial, and retail space in the Twin too successful, resulting in what Tupper- tion. Earning organic certification is an Cities’ northern suburbs. ware called a “detrimental effect” on its extension of Whole Foods Market’s CKE Restaurants to sell Timber core Tupperware party business. commitment to organics that began when the natural food retailer opened its first Lodge Steakhouse Chain ‘Do Not Call’ List a Damper for store 23 years ago. CKE Restaurants, Inc. said it expects to Telemarketers sell its 26-unit Timber Lodge Steakhouse A win for consumers may turn out to be Cuningham Completes New ® chain, the company’s only full-service loss for retailers and marketers. The recent Rainforest Cafe concept, for about $10 million to an creating by the Federal Trade Commission In early 2003, Galveston, Texas welcomed unidentified buyer, according to its quar- of the ‘Do Not Call’ list will likely see 60 the latest Rainforest Cafe®. Widely known terly report filed with the Securities and million phone numbers listed in the first for enticing guests with the experience of Exchange Commission. CKE, whose core year. The list is expected to block up to dining in a rainforest, this Rainforest Cafe® chains are Horde’s and Carl’s Jr., acquired 80% of telemarketing calls. As a result, the is the first of its kind to feature a new the Timber Lodge chain, which includes telemarketing industry predicts it will lose twist: a water adventure ride for diners and 16 Minnesota branches, in 2001 as part of as many as 2 million jobs, and many of What’s Happening continued on page 7

6 Happy 15th Anniversary! THEN AND NOW…DID YOU KNOW? MSCA began in September of 1988 with nine members and has grown to over 570 members representing 240 companies. MSCA started with two volunteer committees and today there are 11 active committees. Monthly program attendance has gone from an average of 20 attendees up to 150 per meeting for 2003. Corporate Sponsorship has increased over the past 15 years from approximately a dozen to 60 sponsors. In 1993, MSCA founded the Caring Tree Program that has become its own successful Foundation, which gives school supplies to low-income students in Minnesota. In 2000 hired its first Executive Director and became self-managed, adding an Associate Director in 2001. The 15th Anniversary Celebration will take place at the STARR Awards on December 9th. We hope you will join us for this milestone event.

WHAT’S HAPPENING continued from page 6 guests. Both the restaurant and water ride The Shoppes at Arbor Lakes Adds ture, P.A. provided architectural services for were designed by Cuningham Group 18 New Tenants the 7,800-square-foot restaurant based ® upon the 1995 Academy Award-winning Architecture, P.A. for Rainforest Cafe The Shoppes at Arbor Lakes, a $70 million motion picture “Forrest Gump.” Located owner, Landry’s Restaurants, Inc. joint venture between RED Development on the third floor of the Mall of America Here Comes the Sun and Opus Northwest, has added 18 new in what used to be the Alamo Grill, Bubba tenants. Some of the new tenants include Baja Tortilla is changing their name to Gump’s entertainment concept has Anthropologie, Banana Republic, P.F. resulted in record-breaking sales in the “Baja Sol (Sun) Tortilla Grill.” Currently, Chang’s, Sharper Image and White House/ first few days. they have five company owned stores and Black Market. The 400,000-square-foot four franchised restaurants. Of the latter open-air center – the first of its kind in SchafeRichardson Acquires four, one is run by Aramark in Coffman the Twin Cities market – is set to open Pillsbury Mill in St. Anthony Falls Union at the University of Minnesota and next month. District another opened in Brainerd this year. -based real estate developer Exterior signage at all locationswill be Zelm Named Changemaker in SchafeRichardson recently completed the changed by the end of September 2003. Real Estate purchase of the Pillsbury A Mill from ADM Steve & Barry’s University The Twin Cities Business Journal has Milling Co, a wholly owned subsidiary of Sportswear Opens selected Linda Zelm as one of the Top 25 the Archer Daniels Midland Company 2003 Women Changemakers. The honor is (ADM), based in Decatur, IL. The acquisi- Steve & Barry’s University Sportswear awarded to women who have affected tion of the 7.9-acre site is located in the St. opened its first location in Minnesota at positive change in their industry. Zelm Anthony Falls Historical District across Northtown Mall on August 15. Steve & was selected based on her history of the river from downtown Minneapolis. Barry’s currently owns and operates 23 promoting the cause of women in com- The partnership’s redevelopment plans retail stores in 9 states including Wisconsin, mercial real estate by mentoring younger for the site involve creating a mixed use Michigan, Indiana, Ohio, Pennsylvania, women and men, training women interns, complex of 1,200-1,400 housing units, West Virginia, New York, New Jersey and referring business to fellow women real 100,000 to 150,000 sf of retail and office Florida. The company’s mission is to estate practitioners and by serving as a space and more than 2,000 stalls of under- prove itself every day to its customers by successful role model. ground parking. offering unprecedented value, not available Bubba Gump Enjoys Success At anywhere else with friendly service. Moorse joins HTG Architects Mall of America Steve & Barry’s carries a large selection HTG Architects is pleased to announce the of high-quality, popular clothing items, Bubba Gump Shrimp Co. Restaurant & addition of Tom Moorse, AIA to its staff including officially licensed collegiate Market opened at the Mall of America in as Project Manager. Moorse brings fourteen wear for over 100 universities. August 2003. Cuningham Group Architec- What’s Happening continued on page 8 7

extensive landscape work. landscape extensive

KKE Architects, Inc. Architects, KKE

www.msca-online.com

Kathy Anderson, AIA Anderson, Kathy new stage and production facilities, and facilities, production and stage new

Urban Retail Properties Retail Urban Fax: 952-888-0000 Fax:

Immediate Past President (as director) (as President Past Immediate Adam Davies Adam

Bloomington, MN 55431 MN Bloomington, building’s south side, new restrooms, new side, south building’s

Technology

8120 Penn Ave. South, Suite 554 Suite South, Ave. Penn 8120

Construction 70, Inc. 70, Construction

replacement of giant windows on the on windows giant of replacement

Kraus-Anderson Companies Kraus-Anderson Scott A. Thompson A. Scott

Jan Goossens Jan [email protected] renovation of the building’s interior, building’s the of renovation

KKE Architects, Inc. Architects, KKE

(C) 952-292-2416 (C)

Kraus-Anderson Companies Kraus-Anderson

Sara Stafford Sara

Next year’s $7 million phase will include will phase million $7 year’s Next

(P) 952-888-3491 (P)

Paul Sevenich, CCIM, CLS CCIM, Sevenich, Paul

Kraus-Anderson Companies Kraus-Anderson Associate Director Associate Retail Report Retail

east and west bleachers. west and east Paul Sevenich, CCIM, CLS CCIM, Sevenich, Paul

Stephanie Salo Stephanie

Capps Companies, Inc. Companies, Capps

Opus Northwest LLC Northwest Opus

track, along with the demolition of the of demolition the with along track, Dick Ward Dick [email protected]

John Meyers John

(C) 952-292-2414 (C)

removal of the half-mile asphalt race- asphalt half-mile the of removal Paster Enterprises Paster

(P) 952-888-3490 (P) RSP Architects Ltd. Architects RSP

Howard Paster Howard

Grandstand seating and exhibit areas, exhibit and seating Grandstand

Bob Lucius Bob Executive Director Executive Legislative

Karla Keller Torp Keller Karla

of new entry and exit systems for the for systems exit and entry new of

McDonald’s Corporation McDonald’s Weis Builders, Inc. Builders, Weis

Lisa Diehl Lisa Brett Christofferson Brett STAFF $6 million phase included construction included phase million $6

United Properties United United Properties United The Wall Companies Wall The

Minnesota State Fair Grandstand. This Grandstand. Fair State Minnesota

Tricia Pitchford Tricia Bruce Carlson Bruce Elizabeth Lee Elizabeth

renovating the historic 92-year-old historic the renovating

Awards

Madison Marquette Realty Services Realty Marquette Madison DIRECTORS

Meridan Real Estate Group, LLC Group, Estate Real Meridan pleted the first phase of preserving and preserving of phase first the pleted Wendy Aaserud Wendy

Lonnie Pierce Lonnie

Community Enhancement Community Tom Madsen Tom

KKE Architects, Inc. recently com- recently Inc. Architects, KKE

Secretary

Diversified Acquisitions, Inc. Acquisitions, Diversified RSM McGladrey, Inc. McGladrey, RSM

Tim Hilger Tim Kelly Slawson Kelly

Kraus-Anderson Companies Kraus-Anderson

Fair Grandstand Fair

Newsletter Marketing and Communications and Marketing Kenneth M. Vinje, CSM Vinje, M. Kenneth

KKE Preserves the Historic State Historic the Preserves KKE

Treasurer Dalbec Roofing, Inc. Roofing, Dalbec United Properties United

Kevin Krolczyk Kevin Ned Rukavina Ned

Welsh Companies, LLC Companies, Welsh

superior service through design expertise. design through service superior

Peter C. Austin C. Peter Venture Mortgage Corporation Mortgage Venture Urban Retail Properties Retail Urban

2nd Vice President Vice 2nd Michael Thorsland Michael Cindy MacDonald Cindy ments the firm’s goals of providing of goals firm’s the ments

Membership

Sponsorship

United Properties United

variety of commercial projects comple- projects commercial of variety

Michael G. Sims G. Michael Bremer Bank Bremer CPDC

extensive background in the design of a of design the in background extensive Tony Pasko Tony 1st Vice President Vice 1st Matt Alexander Matt

church and office design to the firm. His firm. the to design office and church Park Midwest Commercial Real Estate Real Commercial Midwest Park RSP Architects Ltd. Architects RSP Park Midwest Commercial Real Estate Real Commercial Midwest Park

Doug Sailor Doug Bob Lucius Bob Steven Mosborg Steven

years of experience in the areas of retail, of areas the in experience of years

Program Golf President

continued from page 7 page from continued OFFICERS COMMITTEE CHAIRS COMMITTEE

WHAT’S HAPPENING WHAT’S Minnesota Shopping Center Association 2003 Leadership 2003 Association Center Shopping Minnesota

Annual Retail Report RELEASED NOVEMBER 5TH SAVE THE DATE