Teaming with Habitat to help Twin Cities families create deep roots

One work day.

It’s something very small to give on the individual level. But then one company donates 10 employees’ labor for a day. Then 10 companies donate. Sometimes every year, several times a year. Then future Habitat homeowners contribute their “sweat equity” – 100 hours of homebuilding. Just one work day multiplied means working families in need all over the world can reach their aspiration of homeownership. And that ownership creates deep roots.

Earlier this month, United Properties joined forces with Twin Cities Habitat for Humanity (TCHFH) for two days of homebuilding and teambuilding. More than 30 employees from United Properties and senior living partner Ebenezer traded a day at the office for a day on-site, where 981 Euclid was in its third week of construction. Once finished, the 1800-square-foot St. Paul home will include 5 bedrooms, 2 bathrooms, and an 800-square-foot unfinished basement (2600 square feet total) with an egress window. All volunteers will be invited to the housewarming.

“It was a very rewarding day personally, learning carpentry skills and doing tangible work with our hands for a cause we feel good about,” shared Kevin Powell, United Properties IT Director & AVP. “Working together and getting to know your colleagues in a different environment is also very rewarding – you learn things you wouldn’t have expected about them. Plus the Habitat team was brave enough to trust us with power tools…”

To date, TCHFH has constructed more than 12,000 homes for Minnesotan families in need. But what do these homes really mean for local families?

Why Home Matters

According to Habitat, having a stable place to come home to each day is associated with better public health and education outcomes. But what does that look like in the day-to-day? WHY does this work matter? TCHFH engages with past volunteers on a regular basis to help them understand the WHY behind the homebuilding – which isn’t really about the buildings at all:

For those of us who’ve never needed to question where home was, a window into a Habitat family’s day-to-day can be awakening. It helps us start to understand what home means to those who don’t take it for granted, and it helps us see why even one work day matters.

One work day at a time – one home build at a time – adds up to a lot of impact. It means a child can stay at one school long enough to make meaningful friendships and host sleepovers at home. It means making memories that become stories about “the neighborhood” and “the house where I grew up.” Habitat’s work is about more than providing shelter – it’s about how the shelter helps families create deep roots. It’s about the thing that makes a space a place and a house a home. That’s why United Properties is proud to partner with Habitat each year to help lift up families putting down their own roots in the greater Twin Cities.

Further Multiplied

Habitat for Humanity developed several programs that multiply each chapter’s local impact, all of which work toward the central mission of building strength, stability, and self-reliance through shelter:

1. A Brush with Kindness – TCHFH’s A Brush with Kindness Paint and Home Repair Program partners with low-income families, veterans, and seniors to affordably maintain safe, stable homes. Over the last 30 years, the program has touched more than 2,000 families in the greater Twin Cities area.
2. ReStore Home Improvement Outlets – Think Goodwill meets Home Depot. ReStore vets new and gently used home improvement products and building materials and is open to the public. Sales at the Minneapolis and New Brighton locations support Habitat homebuilding initiatives in the Twin Cities area.
3. Age in Place – In partnership with Allina Health, TCHFH launched Age in Place to support older low-income homeowners who wish to age peacefully in the comfort of their own homes. The program provides assistance with seasonal chores, yard work, home modifications (e.g., building wheelchair ramps, installing handrails), and other services that allow homeowners to continue living safely and affordably.

Visit tchabitat.org to learn about other programs and help Habitat multiply its impact for Twin Cities families!

“I hope to always be a tourist in this city. When I cross Hennepin Avenue Bridge over the Mississippi River on my way to work, I often find myself in awe of the national landmark on our doorstep. Sometimes I stand next to the Grain Belt sign with the awareness that I’m walking across a national divide – from the Pillsbury side to the Gold Medal side over the natural wonder that helped grow the city I plan to call home for many years.”

–      UP Sunrise event attendee, Minneapolis resident (1 year)

It’s easy to appreciate the Mississippi’s powerful force on foot over a bridge – the speed of the water and the pounding sound – but it’s also easy to forget that this river is the birthplace of the tiny frontier settlement that grew into the 422K-resident metropolis we know today. The river powered Minneapolis’ thriving milling and logging industries that contributed to the economic prosperity of our growing city through the late 1800s.

Today, the upper and lower St. Anthony Lock and Dam plants alone generate a combined 24 megawatts of electricity per hour. That’s enough to power over 17,000 homes.

For over a hundred years, the Minneapolis Park & Recreation Board (formerly the Minneapolis Board of Park Commissioners) has worked to preserve access to the historical river. Today, the Minneapolis Parks Foundation and the Board strive to strengthen the Minneapolis community’s sense of stewardship and connection to the Mississippi and preserve the urban park spaces integral to mitigating the impacts of climate change in urban areas.

Sponsoring the Park Foundation’s annual Sunrise on the Mississippi event is just one way United Properties is creating deep roots in the Minneapolis community. The 5^th annual event raised over $110,000 for the Minneapolis Parks Foundation’s work.

This year’s Sunrise was hosted at Boom Island Park on the unmistakably end-of-summer morning of Sept. 5. Attendees enjoyed mingling over hot coffee and tea under a fireplace pavilion before making their way under the tent for the program and breakfast overlooking the Mississippi.

Keynote speaker Paul Huttner, Chief Meteorologist at MPR, first woke the audience with stats highlighting the very real global impacts of climate change for perspective. Huttner then zeroed in on Minneapolis’ context and the importance of park space and preservation efforts in bracing for the impacts of climate change in metropolitan and riverside areas.

Data from NASA and the National Oceanic and Atmospheric Administration (NOAA) indicate that the years 2014-2018 had the warmest global temperatures of any year since 1881. Since 1970, average temperatures in Minnesota have risen 2.7 degrees Fahrenheit; average temperatures in Minneapolis have risen 3.7 degrees Fahrenheit.

If you’re younger than 34, you have not experienced a cooler-than-average month.

These numbers seem small, but ground-level ozone is more concentrated on hotter days, magnifying the impacts of heat stress. Warmer air also holds more moisture, so as the climate warms, heavier rains are projected to continue to increase the instance of flooding in urban areas.

Fortunately, parks can mitigate many of the issues associated with a warming world.

• Trees not only provide shade and filter pollutants, they perform evapotranspiration, a process by which evaporating water cools the surrounding air.
• Parks near rivers provide a buffer zone for floods so heavy rainfalls do not cripple a city’s economy.
• Green things in parks reflect more sunlight than dark urban rooftops, helping them achieve temperatures 5-10 degrees cooler than normal for a typical downtown.

Access Huttner’s full presentation here.

Minneapolis Park Board Superintendent Al Bangoura then recounted the influence of parks on his youth in Milwaukee and his journey to a role overseeing Minneapolis parks. He was elected in late 2018 after a national search and is proud to lead “the premier park system in the country.”

United Properties shares Bangoura’s belief in the ability of parks to transform human life and considers the benefits to our clients, our communities, and our planet as we continue to care for the roots that originated the great City of Minneapolis. Though these benefits are not immediately tangible, one thing’s for sure: You’ve got to know your city’s roots and aspirations for your roots to take hold, and there are few places better than the banks of the Mighty Miss at sunrise to contemplate that.

Let’s start with a big question: How do you create something original?

You bring together varied perspectives, life experiences, and insights, right? Creative solutions emerge when you address challenges differently. Without difference, the result is more of the same.

That’s why diversity in real estate today isn’t just a “nice to have.” It’s a business imperative, and Urban Land Institute (ULI) is at the forefront.

“More and more, we are hearing that people are joining ULI instead of other organizations because they see that it’s the place in this market to build relationships with people from across sectors, cultures, and backgrounds,” said Aubrey Albrecht, senior director at ULI Minnesota. “That’s powerful because it’s such a relationship-focused industry. Our members are recognizing that in order to best serve the community with any given project, the people at the table should reflect the diversity of that community.”

The ULI Real Estate Diversity Initiative (REDi) Program helps United Properties both gain access to new talent pools and provide people with diverse backgrounds the in-roads they need to break into the industry. As one of the program’s cornerstone sponsors since 2017, the company donated $10,000 to Minnesota’s program and $5,000 to Colorado’s program this year.

“We’ve been very intentional about doing more than just giving them money and focus on helping the program grow,” said Lynn Camp, ULI REDi sponsor and senior business analyst at United Properties. “Just as important as us providing them access to our networks is us accessing their networks as we work to diversify and broaden our vendors, customers, and potential hires.”

The 15-session program works to provide women and people of color – all real estate professionals with full-time jobs – with an opportunity to create a development plan, proforma, and marketing plan for a real site that the owner is looking to redevelop. Many students from this year’s 28-student roster came from the public sector seeking to learn about what’s happening on the private-sector side and understand every aspect of development holistically.

In the same way that REDi Program teams are strategically grouped to include members from different sectors to work toward well-rounded solutions, we must ensure that people from diverse backgrounds have the in-roads they need to round out a historically exclusive industry.

Students also form networks with one another and engage in facilitated discussion about barriers to entering the industry. One participant highlighted that many real estate professionals got their start through a mentor and shared that it is more difficult for people of color to find this mentor because their networks often do not cross.

This sentiment is corroborated by Leanin.org, which points to a large body of research that suggests that people mentor people who remind them of themselves. Failure to recognize this unintentional bias can cause us to miss out on opportunities to mentor and learn from those with backgrounds that differ from our own.

“Employees with mentors are more likely to get raises and promotions. But because managers and senior leaders are more likely to be white men, and because people tend to gravitate toward mentoring others like themselves, women and people of color often miss out on that support. That also means your company could miss out on fostering talented employees.”

–    Leanin.org

Programs like ULI REDi aim to dissolve these barriers to success in the real estate industry by opening doors to mentors, facilitators, and other industry experts. Over the three years of its existence, the Minnesota REDi Program has benefited from the service of nearly 100 volunteers, including United Properties’ former Minnesota co-president Eva Stevens.

After a REDi speaking engagement, Stevens offered to sit down with anyone who reached out, and second-cohort REDi Program student Jimmy Loyd took her up on the offer. His interest in Stevens’ background led to a few meetings and open doors. He’s since connected with several United Properties real estate professionals at varying stages in their career and landed the real estate director position at the YMCA Greater Twin Cities. In an interview with United Properties, Loyd offered his perspective on the importance of diversity in real estate.

“The old way of thinking is that business networking is kind of a ‘club’ – it’s exclusive, and the only people allowed in are those they can relate to,” Loyd shared. “Introducing people into the mix who are not like you allows you to take advantage of that differing knowledge and potentially spur innovation. It takes getting out of your own way, and it’s important because it prevents one group from dictating norms while allowing others to share life experiences that can offer new perspective in your practice.”

Survey researcher and polling expert Tom Webster at Edison Research reinforces this position. Webster asserts that the most dangerous thing facing corporate America today is “creating an environment where everyone seems to be taking the same actions for the same reasons.”

United Properties development manager Carrie Eggleston in Minnesota is one of those people with a fire in her heart fueled by different reasons. And she walks the talk. This year, she served on ULI REDi Minnesota’s steering committee, which is responsible for recruiting speakers, organizing networking events, and shaping the overall curriculum.

“I knew upfront that the program would take me away from work and require flexibility, and I’ve been supported at United Properties from the top down every step of the way,” Eggleston shared. “There’s so much untapped talent out there, and our leaders realize that. It’s moved us to donate money, space, and time.”

Eggleston’s passion for the initiative is spreading, too. When one of the program’s speakers dropped out during flu season with hours to spare, she asked United Properties’ Bill Jundt, VP of construction management, to step in.

“He knocked it out of the park without a PowerPoint or anything. He rearranged his calendar, wrote a quick notecard, and they loved him!” Eggleston said. “That’s how I know my colleagues care about this. Now we’ve just got to keep the momentum going and help people see what we see.”

So what do we see? We see the progress, but we also dare to imagine the possibilities of a real estate environment that looks different than it does today. One where differences aren’t just accepted – they’re celebrated and put to use to address the challenges of today with creativity and originality.

Passport Hospitality, an Andrew Zimmern company, will partner on developing the market and food hall at 700 Nicollet Mall

MINNEAPOLIS (December 12, 2017) –Today 601w, United Properties, Mid-America Real Estate Group and The Telos Group announced the first official tenant of The Dayton’s Project: a food festival and market place lead by four-time James Beard Award-winning TV personality, chef, writer and teacher, Andrew Zimmern. In partnership with Robert Montwaid, creator and co-founder of Gansevoort Market in New York City, Zimmern envisions the market to be a mix of well-known food vendors, local treasures, fresh food purveyors, and food makers creating a market that will be the first of its kind in the Twin Cities.

Zimmern, the executive producer, creator and host of Travel Channel’s “Bizarre Food” franchise and co-owner of Passport Hospitality and Andrew Zimmern’s Canteen, has joined The Dayton’s Project team to create new experiences for downtown Minneapolis. The Dayton’s Food Festival & Market Place marks an exciting next step in the evolution of his food empire.

“There is so much energy around this project and this building, that it’s a thrill to continue the Dayton’s legacy, by contributing innovative ideas around food,” said Zimmern. “The Twin Cities food scene is constantly evolving, always exceeding the country’s expectations of a Midwestern city, and is a marvelous amalgam of many diverse culinary cultures. This project is a great example of what I think will bring a fresh perspective and authentic cultural influences to a beloved local landmark building.”

Zimmern and Montwaid will develop a 40,000-square foot market in The Dayton’s Project at 700 Nicollet Mall. The market will be split between the first and lower floors, offering a unique experience for building tenants, visitors and downtown workers and residents. Some of the premium experiences will include traditional food vendors, concierge food services for commercial tenants, a food business incubator, curated entertainment and activations all aimed at making Dayton’s Food Festival & Market Place the gold standard for experiential dining in downtown Minneapolis. Purveyors of fresh meats and seafood, butchers, bakers and artisanal producers of cheeses and other products will service customers looking to shop and take away foods, while interacting with the food vendors to offer a food adventure similar to many European food halls and markets.

“We’re proud to announce such an exciting first tenant for this project,” said Tricia Pitchford, Senior Vice President of Leasing for Mid-America Real Estate. “Pulling together a deal as large and iconic as this one demonstrates that the developers of this project can not only envision creative concepts, but also bring them to completion.”

“We are pleased to have Andrew and Bobby sign on to the project,” said Keith Ulstad, senior vice president of development for United Properties. “They bring an exciting vision of what the Dayton’s Market can become – a center for the community with terrific local cuisine and great spaces to dine and hang out. Together, they will ensure that we have just the right mix of top-notch food vendors participating in this exciting new offering.”

Zimmern and Montwaid are determined to preserve the essential relationship that all Minnesotans have with this famous space. “This is about creating a world-class global food hub in the single best address in the 5-state area. Downtown Minneapolis has been in need of a clubhouse like this, where all are welcome to come enjoy great food, first-class amenities and entertainment programming. Minnesotans and our out of town guests will be able to make this a regular stop every day if they choose to, with an ever-changing and diverse menu of offerings,” Zimmern says.

Montwaid, owner of Gansevoort Consulting and co-creator of Gansevoort Market in NYC, currently has 30 thousand square feet in the design/build phase with another 80 thousand square feet under development in three states. His operational expertise and understanding of local markets make Gansevoort consulting one of the most sought-after market operators in the nation.

“My love of food and gathering places was born from a big family and large family dinners with over 30 people. I’ve always viewed food as a social and familial connector. A place where the love of food could develop and grow lasting memories,” says Montwaid.

The food market is projected to open in mid-2019. For more information on the project, visit www.thedaytonsproject.com.

Media Contacts:

 Cailin Rogers

crogers@tunheim.com

612-806-8737

Owen Truesdell

otruesdell@tunheim.com

About Andrew Zimmern
Andrew Zimmern, a four-time James Beard Award-winning TV personality, chef, writer and teacher, is widely regarded as one of the most versatile and knowledgeable personalities in the culinary world. As the creator, EP and host of Travel Channel’s Bizarre Foods series, Andrew explores cultures in more than 150 countries as he shines the spotlight on impactful ways to think about, create and live with food. The 200^th episode of Bizarre Foods premiered October 19^th, 2015. His newest series The Zimmern List will premiere on the Travel Channel in spring 2018. Chef-in-residence and contributing columnist to Food & Wine magazine, Andrew has also authored 3 books. He is the co-founder of Andrew Zimmern Canteen, at US Bank Stadium and Target Field in Minneapolis, and Kauffman Field in Kansas City. More at www.andrewzimmern.com.

About 601w Companies
The principals of 601w Companies oversee one of America’s leading private real estate acquisition, ownership, development and management portfolios in the country. Over the past 25 years, 601w has acquired many substantial and well-known commercial properties throughout the country, aggregating 50 million square feet, with a collective value in excess of $8 billion. In relation to these deals, 601w has raised more than $2 billion in equity, mostly from longstanding investors, and has consummated transactions involving 32 major office buildings, including 13 in Manhattan and 12 in Chicago.

About The Telos Group
The Telos Group, LLC provides leasing, marketing and strategic consulting to real estate owners nationwide. Telos employs a goal-driven process to create entrepreneurial solutions customized for each assignment. As Chicago’s only dedicated owner representation firm, it has been the leader in shaping the evolution of office space for innovative businesses. Telos represents a portfolio of over 27 million square feet encompassing historic to trophy buildings owned by diverse ownership groups, from entrepreneurial investors to international institutions. In addition to the Dayton’s Project, Telos projects include the current redevelopments of The Willis Tower in Chicago and the Post Office building in Chicago as well as the recent repositioning of Prudential Plaza in Chicago.

About Mid-America Real Estate – Minnesota, LLC
Mid-America Real Estate – Minnesota LLC is a member of Mid-America Real Estate Group and a ChainLinks affiliate. The company is the Midwest’s leading full-service retail real estate organization with offices in Minneapolis, Oakbrook Terrace, Chicago, Milwaukee and Detroit.  For more information, call (952)563-6600 or visit www.midamericagrp.com.

Interviews available upon request
Andrew Zimmern| Food Works, Founder
Press Contact: Willie Norkin, The Brooks Group | willie@brookspr.com | 212.768.0060

Tricia Pitchford| Mid-America Real Estate Group, Sr. Vice President of Leasing
Press Contact: Cailin Rogers, Tunheim | crogers@tunheim.com | 612.806.8737

Latest project is the fifth for the developer in North Loop

MINNEAPOLIS (August 24, 2017) – United Properties has broken ground on The Nordic, a 385,000-sq.-ft., mixed-use development project in Minneapolis’ North Loop neighborhood. Located at 729 Washington Avenue North, the 10-story building will be home to office, residential and retail tenants by January 2019. This will be United Properties’ fifth North Loop project and is the largest project yet to be undertaken by the company in the North Loop.

Digital marketing and analytics agency Ovative/group has signed a lease for 30,000 sq. ft. and will be the initial anchor tenant at The Nordic. The firm will relocate from a smaller space in the nearby Loose-Wiles building, also owned by United Properties.

“The Nordic will deliver many sought-after amenities to this already-vibrant area, including additional parking, multiple green spaces and public areas. It’s another way we’re creating deep roots by strengthening this neighborhood,” said Gordy Stofer, vice president, office development, United Properties. “We continue to see strong interest from office tenants and expect we’ll have more to announce in the near future.”

The Nordic-inspired, modern warehouse-style building is designed to be the living room and backyard of the North Loop. In addition to office space, the development will contain 57 apartments, an underground and seven-level elevated parking garage with over 400 spaces and ground-level retail. Outside, The Nordic will feature an active public plaza fronting Washington Avenue, intended for outdoor seating, lawn games, winter ice curling and space for food truck service.

A grant from the Metropolitan Council is helping to underwrite the costs of soil remediation on this former industrial site.

Project partners include general contractor RJM Construction, Hartman Cox, a nationally renowned architect and lead architect for the project, LHB Architects providing the design for the residential and parking components as well as local support for the overall project and Greco as the residential marketing agent and partner.

PRESS CONTACTS

Sheila Thelemann,
Director Marketing
United Properties
952.837.8654
Sheila.Thelemann@uproperties.com

Mary Lilja
President
Lilja Communications for United Properties
952.893.7140
mcl@lilja.com

 Minneapolis (MAY 31, 2017) –Mid-America Real Estate – Minnesota, LLC has been named as the retail marketing and leasing firm for the Macy’s redevelopment project on the Nicollet Mall in downtown Minneapolis.

Mid-America’s Senior Vice President of Leasing, Tricia Pitchford and Vice President of Leasing, Jesseka Doherty will be the lead leasing team for the retail component of this project.  They will collaborate with 601w Companies and United Properties, the project developers, and Telos, the project’s office leasing partner, for redevelopment of the landmark property.

The iconic Macy’s building (formerly Dayton’s) is located in the heart of downtown Minneapolis’ CBD on the corner of South 7^th Street and Nicollet Mall. The retail component will likely incorporate creative reuses of the lower, street and skyway levels, tying them together visually and structurally. Prospective uses include; entertainment, food hall, restaurants and traditional retailers, a number of which are expected to be new to the market.

“It is an extremely exciting opportunity for all of us at Mid-America to be working with 601w and United Properties on this high profile and iconic repositioning in downtown Minneapolis. We are very proud of the work our team has put forth thus far and we’re looking forward to the next steps with all team members of the project. We are honored to be a part of what’s sure to be history in the making,” said Doug Sailor, Principal/Managing Director of Mid-America Real Estate – MN, LLC.

“The addition of Mid-America to the Macy’s building transaction team is another strong step forward in imagining new possibilities for this most important downtown property,” said Bill Katter, president and chief investment officer of United Properties. “The retail expertise that Mid-America brings to the project adds momentum to a group already buzzing with plans and ideas to drive the redevelopment of this iconic landmark into its next purpose as a transformative downtown destination.”

In addition, other partners selected for the project are: The Telos Group, providing redevelopment consulting and office marketing and leasing services, Gensler & Associates as the lead architect and Transwestern as the management agent.

Mid-America Real Estate – Minnesota, LLC is a member of Mid-America Real Estate Group and a ChainLinks affiliate. The company is the Midwest’s leading full-service retail real estate organization with offices in Minneapolis, Oakbrook Terrace, Chicago, Milwaukee and Detroit.  For more information, call (952)563-6600 or visit www.midamericagrp.com.

The principals of 601w oversee one of America’s leading private real estate acquisition, ownership, development and management portfolios in the county. Over the past 15 years, 601w has acquired a number of substantial and well-known commercial properties throughout the county, aggregating 45 million square feet, with a collective value in excess of $7.5 billion. In relation to these deals, 601w has raised more than $2 billion in equity, mostly from longstanding investors, and has consummated transactions involving 40 major office buildings, including 11 in Manhattan and 6 in Chicago. For more information visit www.601wcompanies.com

PRESS CONTACTS

Suzanne Jones    Marketing Director
Mid-America Real Estate – Minnesota, LLC
skjones@midamericagrp.com
(952) 563-6634

Sheila Thelemann
Director of Marketing
United Properties
Sheila.thelemann@uproperties.com
(952) 837-8654

CBRE and United Properties announce first tenant, Swisslog, at Interpark

228,000-square-foot Interpark shaking up the traditional industrial park with pedestrian friendly, amenity-driven environment

DENVER (April 19, 2017) – CBRE Group, Inc., and United Properties announced today that healthcare automation company Swisslog is the first tenant to join United Properties’ Interpark development in northwest Denver.

Interpark is a new mixed-use development in the heart of Broomfield. Scheduled to deliver in late 2018, Interpark will be comprised of two industrial/flex buildings totaling 228,000 square feet and seven acres of walkable commercial service and retail amenities. Located just off US-36 in Broomfield, the project is United Properties’ first development in the northwest corridor. With amenities including walking/biking paths and retail, Interpark offers a fresh take on the traditional industrial park, according to Kevin Kelley, senior vice president and regional director for United Properties in Colorado.

“Investing in retail, green space and other tenant amenities may be unusual for a flex/industrial project, but we wanted to create a unique setting at Interpark that would attract quality companies like Swisslog Healthcare,” Kelley said. “In Denver’s tight labor market, employees can afford to have high standards for their workplaces, and when a company chooses to locate in a place like Interpark, it creates a distinct competitive advantage.”

“Interpark is the latest example of how United Properties has been a visionary leader in the Denver commercial real estate market. The flex/industrial project is shaking up the traditional industrial park setting by combining new construction, open floor plans and retail offerings in a pedestrian friendly environment—and all strategically located on US-36 midway between two of the nation’s top labor pools in Boulder and Denver,” said Jeremy Kroner, vice president with CBRE Advisory & Transaction Services. Kroner is leasing the Interpark space along with CBRE’s Frank Kelley and Erik Abrahamson.

Swisslog CEO Stephan Sonderegger agreed, noting “Our new headquarters location in the corridor between the universities in Denver and those in Boulder is the right solution for attracting and retaining the technical talent we need to drive our vision for enabling better patient care. The Automation Academy and Technology Showroom onsite will allow us to train both customers and employees and demonstrate our fully integrated supply chain management and medication management solutions.”

Interpark’s two buildings will be flanked on the south side by retail at the intersection of 112th Avenue and Main Street in Broomfield. The east building, which United Properties will construct first, includes a total of 119,873 square feet, of which Swisslog is taking 67,779 square feet. JLL’s Jason White, Billy Byrne and Mitch Zatz represented Swisslog in the lease.

The remaining space at Interpark’s east building is available for lease and divisible down to approximately 15,000 square feet. The second building to the west will offer an additional 107,720 square feet of flex/industrial space that could house up to four users.

United Properties is designing Interpark to be pedestrian friendly with tenant amenities top of mind. Bike paths will be incorporated into the green space that borders the development, and the site will feature lit intersections along both Main Street and 112th Avenue. A seven-acre retail plaza that is walkable for the industrial tenants will be included within the Interpark master plan. A 7-Eleven convenience store has committed to open at the corner of the property in early 2018, and a national coffee chain is considering a location within the complex. Proposals from hotel users are also being considered for the site. In addition, the location is within a short distance to the 1stBank Center, the Arista residential development, the Westin Hotel and The Shops at Walnut Creek. A bridge near the north end of the property offers access to nearby ball fields and a recreational area.

Swisslog Healthcare is a leading global supplier of services and solutions for material transport, medication management and supply chain management in healthcare facilities. The company will move from its current headquarters in northeast Denver to Interpark’s east building, where operations will include a production plant and showcase for its portfolio of transport and pharmacy automation solutions for hospitals.

Interpark is United Properties’ third commercial development in the Denver area, following on the heels of its success with Enterprise Business Center, a 2 million-square-foot industrial project in Northeast Denver’s Stapleton neighborhood, and INOVA Dry Creek, a 695,000-square-foot mixed-use office and residential campus in Centennial, Colorado. Based in Minneapolis, United Properties has developed nearly 200 projects totaling more than 10 million square feet and nearly $1 billion dollars over the last 30 years.

Construction on Interpark’s first building is scheduled to start in June 2017 with delivery in the second quarter of 2018. For leasing inquiries, contact Frank Kelley at (720) 528-6344 or frank.kelley@cbre.com, Jeremy Kroner at (303) 264-1916 or jeremy.kroner@cbre.com, or Erik Abrahamson at (303) 264-1900 or erik.abrahamson@cbre.com.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue).  The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Please visit our website at www.cbre.com.

About Swisslog

Swisslog designs, develops and delivers best-in-class automation for forward-thinking health systems, warehouses and distribution centers. The company offers integrated solutions from a single source – from consulting to design, implementation and lifetime customer service. Behind its success are 2,500 employees worldwide, supporting customers in more than 50 countries. www.swisslog.com

Swisslog is a member of the KUKA group, a leading global supplier of intelligent automation solutions. www.kuka.com

From our inception more than 100 years ago, supporting the communities where we live and work has always been part of our value system.

United Properties is proud to sponsor Allina Health Hospice Foundation’s Dragonfly Gala in support of hospice patients and their families in our community. Recently, Ron Bagnall, Executive Director of Allina Health Hospice Foundation, thanked United Properties and Sr. Vice President Keith Ulstad for our support.

 Kenwood Village, Duluth News Tribune

March 24, 2017

By Brooks Johnson

Officials cut the ribbon on Kenwood Village at Arrowhead Road and Kenwood Avenue on Friday afternoon, with a few dozen neighbors and others touring the freshly finished complex.*

Read More Here

Star Tribune

March 2, 2017

By Nicole Norfleet

United Properties, one of the largest developers in the Twin Cities, is taking a stake in the just-sold Macy’s complex in downtown Minneapolis and also taking the lead in redeveloping the site.

Read More Here