MINNEAPOLIS, MN (Nov. 13, 2024) — United Properties is pleased to announce that The Ellie, its recently completed residential development, has received the 2024 Sustainable Eden Prairie Award in recognition of its exemplary water conservation efforts. This annual award recognizes significant and innovative investments that contribute to the overall vitality and sustainability of the community.

“We’re thrilled that The Ellie has been recognized for its thoughtful approach to sustainable design, especially in the area of water conservation,” says Carrie Eggleston, senior development manager, United Properties. “We set out to create a sustainable home within the ‘garden of the prairie,’ and The Ellie is just that — a modern example of an innovative, environmentally conscious development.”

Named in honor of Elizabeth Fries Ellet, the woman credited with naming Eden Prairie, The Ellie is a four-story, 239-unit rental property on 6.4 acres of land located at 8075 Eden Prairie Rd.

The Sustainable Eden Prairie Award recognizes the property’s water conservation efforts, which include:

  • WaterSense showerheads in all units, reducing water usage without compromising performance.
  • A central courtyard that maximizes green space with bioswales and native plantings to filter stormwater, while permeable soil mixes aid stormwater absorption and treatment.
  • Rainwater collection systems for stormwater reuse in resident garden plots, fostering sustainable water practices within the community.
  • Green roof installation over the building’s entry, along with six “green pocket” roof sections on the fourth floor. These green roofs contribute to stormwater management by reducing runoff while also providing energy savings and improving air quality.
  • A reduced-size, on-site pool that minimizes water consumption.

The Ellie’s comprehensive sustainability efforts span beyond water conservation, addressing energy efficiency, waste reduction and ecological landscaping.

Energy efficiency

Through Xcel Energy’s Energy Design Assistance (EDA) program, The Ellie implemented computer energy modeling to optimize energy use and cost savings. The building achieved a 14% annual electric consumption reduction, 18% demand savings and 33% less natural gas usage. Additional features include ENERGY STAR-rated appliances, programmable thermostats, high-efficiency LED lighting and electric vehicle (EV) charging stations, earning The Ellie a top ENERGY STAR Portfolio Manager score of 100 out of 100.

Landscape preservation

The Ellie preserved seven heritage trees on-site, seamlessly integrating them into the design to provide shade and enhance the area’s natural beauty. Native plants were chosen for landscaping, reducing water use and supporting local biodiversity by attracting pollinators. These features enrich the outdoor space and reflect The Ellie’s commitment to sustainable, low-impact design.

Waste management

Sustainable practices also guided The Ellie’s waste management. Four single-family homes originally on-site were relocated for reuse, reducing construction waste. The property achieves a 54.31% operational waste diversion rate, with more than half of all on-site waste recycled.

The Sustainable Eden Prairie Awards, chosen by the city’s Sustainability Commission, recognize projects that demonstrate commitment to environmental stewardship. To learn more about The Ellie, go to theelliemn.com.

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About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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AUSTIN, TEXAS (Oct. 29, 2024) — United Properties, a leading commercial real estate developer with offices in Minneapolis, Austin and Denver, is proud to announce significant achievements for its first two Austin, Texas, multi-family developments: Bishop Momo and Shelby Ranch.

Bishop Momo

Bishop Momo, a 274-unit apartment complex located in the St. Elmo District of South Congress at 4341 S. Congress Ave., has opened and welcomed its first tenants. This marks the completion of the company’s first multi-family deal in Austin, Texas, a significant milestone in its expansion efforts. The development includes market-rate and affordable studio, one- and two-bedroom apartments. Additionally, the project has 6,000 sq. ft. of street-level retail, structured parking and Class-A amenity spaces.

“We are thrilled to see Bishop Momo completed and are excited about the vibrant community it will foster,” says Victor Young, senior vice president, Austin commercial development, United Properties. “This development is a testament to our commitment to creating spaces that enhance the quality of life for our residents.”

Bishop Momo was designed to reflect its St. Elmo District/South Congress location. “From the industrial-inspired exterior architecture and unexpected interior design aesthetic to the playful branding and project story, Bishop Momo is at one with the neighborhood,” Young adds.

Learn more about Bishop Momo at bishopmomo.com and follow on Instagram.

Shelby Ranch

Shelby Ranch, a 302-unit project located at 2210 Lynnbrook Dr. in South Austin, recently received a Certificate of Compliance (COC) and welcomed its first tenants. The initial phase of the project included delivering approximately 150 units, 3,500 sq. ft. of amenity spaces, and a 1.5-acre pool and courtyard.

Sitting on 8 acres, the development is designed with green initiatives to celebrate nature, including South Austin’s big Texas sky, with a laidback vibe. The property is a Certified Wildlife Habitat featuring honey-producing bees, raised garden beds, native plants, fruit-bearing trees, rainwater collection, and numerous rain gardens and dry creeks. Although not required, as the project is located within Austin’s extraterritorial jurisdiction (ETJ), great lengths were taken to preserve three heritage trees on the northern portion of the site, creating a shaded oasis for years to come.

“It was important for us to make this a premier residential experience while preserving the surrounding ecosystem,” says Brenda Studt, development director, United Properties. “Creating an environment that welcomes wildlife, including maintaining the heritage trees on site, adds to what Shelby Ranch is all about — celebrating South Austin, the outdoors and cultivating community.”

Shelby Ranch includes studio, one-, two-, and three-bedroom apartments with large windows and private balconies. Other features include modern kitchens, energy-efficient appliances and wood-style floors. Amenities include a workshop/makerspace, fitness center, co-working space, resident lounge, dog park and chicken coop.

Learn more about Shelby Ranch at liveshelbyranch.com, take an online tour at tour.theviewvr.com and follow on Instagram.

Key stakeholders for both projects include:
• Architect: Belshaw Mulholland Architects
• Landscape architect: TBG Partners
• Civil engineer: Civil & Environmental Consultants, Inc. (CEC)
• Contractor: OHT Partners

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About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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AURORA, COLORADO (Oct. 16, 2024) — United Properties is pleased to announce the acquisition of 129.26 acres of prime industrial land in Aurora, Colorado. The site will be developed as the Aero 70 industrial complex, located adjacent to the future interchange of Aerotropolis Parkway, a new major arterial roadway, and Interstate 70. United Properties closed on the property on Oct. 16.

“United Properties immediately recognized the potential of the Aero 70 industrial park property,” says Jim Bolt, vice chairman, CBRE. “Adjacent to the highly successful Park 70 development, the future development on the Aero 70 site will offer state-of-the-art industrial buildings available for lease and purchase, as well as land sites for sale, all with excellent visibility, toll-free access and unique highway access through the new Aerotropolis Boulevard interchange off I-70.”

The development of Aero 70 will occur in two phases:

Phase I: Industrial development

The first phase will deliver two 400,000-sq.-ft. cross-dock industrial buildings, divisible from 100,000 sq. ft. and up. These buildings will feature abundant trailer parking, exceptional highway visibility and direct access to the new interchange.

“We expect Phase I to deliver in late 2025, which aligns with market demand,” says Todd Witty, senior vice president, CBRE. “This timing coincides with the projected need for additional new industrial supply in the Denver area. We’ve seen increased demand from large occupiers in 2024, positioning the market for growth in 2025.”

Phase II: Future development

Phase II will develop an additional 65.73 acres, conceptually designed to accommodate up to 1.1 million sq. ft. of cross-dock space, with flexibility for future expansion depending on market conditions.

Strategic location and vision

“We are excited to expand our footprint in the dynamic Denver market,” says Mindy Rietz, vice president, commercial development, United Properties. “With its prime location near key transportation hubs, Aero 70 offers an unparalleled opportunity for businesses seeking easy access to the airport and the broader Denver region.”

The site is also within a designated Opportunity Zone and Enterprise Zone, which offers significant economic incentives for future tenants and potential tax savings for owners.

Phil Cattanach, executive vice president, commercial development, United Properties, adds, “The Aero 70 development results from a multi-year collaboration involving numerous stakeholders. The project will significantly enhance transportation infrastructure in the area, creating a critical throughway to Denver International Airport and becoming a prominent fixture along I-70. Aero 70 continues United Properties’ long history of industrial development in the Denver metropolitan area, totaling over 3.5 million sq. ft. to date. We have had tremendous success with industrial development in Denver, and we have additional industrial development sites in our pipeline.”

Sustainability features

In line with United Properties’ commitment to sustainability, the Aero 70 project will include pre-installed conduits for electric vehicle (EV) charging stations, low-water landscaping, increased structural roof loads for future solar installation and clerestory windows to maximize natural light.
The development will utilize ENERGY STAR Portfolio Manager and Conservice ESG software to monitor energy, water and waste consumption, ensuring ongoing sustainability performance.

Key project partners

• General contractor: Brinkmann Constructors is responsible for site work, infrastructure and core/shell delivery.
• Leasing: Todd Witty (todd.witty@cbre.com), Daniel Close (daniel.close@cbre.com) and Jim Bolt (james.bolt@cbre.com) with CBRE are actively marketing both phases for pre-leasing opportunities.

For more information on the Aero 70 development, contact United Properties or CBRE.

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About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (March 20, 2024) — United Properties announced today plans to build Amira Lake Elmo, its newest 55-plus active adult rental community, located at 8695 Eagle Point Blvd., Lake Elmo, Minnesota. The company closed on the purchase of the land on March 11, 2024.

Providing residents with the opportunity to live near suburban amenities while being surrounded by natural beauty, Amira Lake Elmo will sit on nearly 12 acres of land less than two miles from Woodbury’s wide array of shopping and dining options. The property features picturesque views of surrounding wetlands, easy access to Oak Marsh Golf Course and Lake Elmo Park Reserve’s miles of hiking trails, and a swimming pond and fishing pier.

“Amira Lake Elmo follows the successful model we’ve established in Roseville, Bloomington and Minnetonka,” says Naomi Ohnstad, development director, United Properties. “This fourth location will cater to residents on the east side of the Twin Cities metro and offer the best of both worlds — ample green space in close proximity to the amenities of nearby Woodbury.”

Amira Lake Elmo will have 147 units ranging from alcove studio to three-bedroom units with premium finishes such as luxury vinyl plank flooring, quartz countertops, stainless steel appliances and large windows. Other amenities will include on-site maintenance, covered parking, additional private storage, electric vehicle charging stations and a pet wash station. Like other Amira properties, Amira Lake Elmo will have all-inclusive rent, with only electricity and personal property insurance billed separately.

To support an active, well-rounded lifestyle and foster a sense of community, residents will have access to daily events and activities, a bike repair station, yoga studio and saunas, art studio, hobby shop, library and clubhouse.

“Amira residences have been popular with 55-plus adults who are ready to embark on their next adventure because we’re offering them a community of their peers and a carefree lifestyle,” says Ohnstad. “Our residents are delighted to be able to focus on what matters most to them — community, family, friends and their interests.”

Occupancy is expected in summer 2025. Project partners include Eagle Building Company, LSE Architects, Associated Bank and Great Lakes Management.

To learn more, visit amiraliving.com.

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About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (March 20, 2024) — United Properties announced today plans to build Amira Lake Elmo, its newest 55-plus active adult rental community, located at 8695 Eagle Point Blvd., Lake Elmo, Minnesota. The company closed on the purchase of the land on March 11, 2024.

Providing residents with the opportunity to live near suburban amenities while being surrounded by natural beauty, Amira Lake Elmo will sit on nearly 12 acres of land less than two miles from Woodbury’s wide array of shopping and dining options. The property features picturesque views of surrounding wetlands, easy access to Oak Marsh Golf Course and Lake Elmo Park Reserve’s miles of hiking trails, and a swimming pond and fishing pier.

“Amira Lake Elmo follows the successful model we’ve established in Roseville, Bloomington and Minnetonka,” says Naomi Ohnstad, development director, United Properties. “This fourth location will cater to residents on the east side of the Twin Cities metro and offer the best of both worlds — ample green space in close proximity to the amenities of nearby Woodbury.”

Amira Lake Elmo will have 147 units ranging from alcove studio to three-bedroom units with premium finishes such as luxury vinyl plank flooring, quartz countertops, stainless steel appliances and large windows. Other amenities will include on-site maintenance, covered parking, additional private storage, electric vehicle charging stations and a pet wash station. Like other Amira properties, Amira Lake Elmo will have all-inclusive rent, with only electricity and personal property insurance billed separately.

To support an active, well-rounded lifestyle and foster a sense of community, residents will have access to daily events and activities, a bike repair station, yoga studio and saunas, art studio, hobby shop, library and clubhouse.

“Amira residences have been popular with 55-plus adults who are ready to embark on their next adventure because we’re offering them a community of their peers and a carefree lifestyle,” says Ohnstad. “Our residents are delighted to be able to focus on what matters most to them — community, family, friends and their interests.”

Occupancy is expected in summer 2025. Project partners include Eagle Building Company, LSE Architects, Associated Bank and Great Lakes Management.

To learn more, visit amiraliving.com.

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About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (Feb. 1, 2024) — United Properties announced today its acquisition of Champlin Shores, a senior living community located at 119 E. Hayden Lake Rd. in Champlin, Minnesota. Under its new ownership, the property will be rebranded as Amira Choice Champlin. Operating partner Ebenezer Senior Living assumed service responsibilities at the community yesterday.

Under the Amira Choice brand, which empowers seniors at any stage to live optimistically, confidently and with a sense of purpose, a continuum of care and support is offered to residents with independent living, assisted living and memory care options available, allowing residents to comfortably age in place. In addition to bringing on a new operating partner, United Properties plans to update the facility with new furniture, flooring, fixtures and more over the next three years.

“We’re delighted to bring Amira Choice and our trusted operating partner, Ebenezer Senior Living, to the residents of our new Champlin location,” said Laura Peterson, vice president, senior living portfolio, United Properties. “We think they will be pleased with the improvements we’re making, all of which are being carefully considered with the needs and desires of the current community in mind.”

Located a half-mile from the Mississippi River, the community features 133 units with studio, one-bedroom and two-bedroom floor plans featuring walk-in closets, full kitchens, individual climate control and shared wireless internet. Other amenities include underground parking, a dining room with chef-prepared meals and tableside service, fitness studio, community room, fireside lounge and library, and an on-site salon and spa. The property also features a large deck overlooking Mill Pond and easy access to nearby walking paths.

Amira Choice Champlin will join six other Amira Choice communities developed and owned by United Properties in the Minneapolis-St. Paul metro, and two communities in Florida. The company also owns three Amira active adult communities for 55-plus residents in the Twin Cities, with plans to expand its portfolio in the years ahead.

Learn more about Amira and Amira Choice at amiraliving.com.

About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (Oct. 16, 2023) — United Properties reaffirmed its commitment to social and environmental responsibility today with the formalization of its environmental, social and governance (ESG) initiatives and guiding principles. The company also promoted Janelle MacLean to the role of ESG manager last year, expanding on her extensive involvement in diversity, equity and inclusion (DEI) and ESG within the commercial real estate industry.

Over the past year, MacLean has begun spearheading the growth and development of United Properties’ ESG strategies, working in close collaboration with company leaders to help identify and measure ESG practices, risks and opportunities.

“United Properties has been on a path to make a bigger and better impact on the communities where we live and work through strategic initiatives such as charitable giving, diversity and inclusion, and sustainability efforts,” says Matt Van Slooten, chief executive officer, United Properties. “In just a short time, Janelle has been instrumental in building on these efforts with the goal that we ensure everything we do is influenced by our core ESG principles.”

MacLean chairs the company’s ESG Advisory Group, in addition to UNITED Together, the company’s DEI committee. She also led the development of six ESG focus groups for green building certification, electric vehicle (EV) charging, vendor and supplier diversification, solar, governance and policy, and marketing and communications. The focus groups, comprised of internal experts, examine the company’s approach to each area and identify ways to update, refine and fill in gaps. MacLean is also leading a company-wide benchmarking project which will track and monitor the energy, water, waste, greenhouse gas emissions and ESG capital of each building operated by United Properties. This information will then be used to set reduction goals across properties.

“Our goal is to have ESG considerations incorporated in every practice and department at United Properties,” says MacLean. “And we’re taking concrete steps to realize our vision. Through our focus groups and benchmarking projects, we’re identifying best practices for how we build and operate our buildings in an efficient and responsible manner.”

MacLean brings over 15 years of well-rounded commercial real estate experience to her new role. She joined United Properties in 2018 as a senior investment analyst, where she performed investment analyses and partnered with asset management for both the operating and development portfolios. Prior to this, MacLean served as an asset manager at both CSM and Welltower. She has experience in asset management, property management and operations.

“My diverse experience in commercial real estate means that I know how different departments will be impacted by certain requests or initiatives,” adds MacLean. “We’re committed to being thoughtful about how we can create win-wins for all of us as we work toward a more equitable, sustainable future.”

MacLean is an active member of the Real Estate Racial Justice Committee, Racial Equity in Real Estate Stakeholders, Commercial Real Estate Diversity Collaborative (CREDC) and serves on the board for ROHO Collective. She holds a bachelor’s degree from the University of Minnesota – Twin Cities, a Master of Business Administration (MBA) from the University of St. Thomas and her Real Property Administrator (RPA) designation.

Learn more about United Properties’ ESG initiatives at uproperties.com/esg.

About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (July 25, 2023) — CBRE has arranged the sale of the office component of RBC Gateway Tower, a newly constructed mixed-use tower in Minneapolis, Minnesota, for $225 million to San Francisco-based Spear Street Capital.

The transaction involves the 525,000-square-foot office space, the ground floor office lobby and 296 executive below-grade parking spaces. The seller, Minneapolis-based United Properties, was represented by Ryan Watts, Tom Holtz, Brandon McMenomy, Steven Ward, Greg Greene, and Harrison Wagenseil of CBRE.

“RBC Gateway Tower is a crown jewel in the Gateway District, with unmatched location and amenities. Premier properties like this offer exceptional workspaces that cater to the needs of modern employees, making them highly desirable as companies adapt to new workplace trends,” said Mr. Watts.

The 1.2 million-square-foot building, located at 250 Nicollet Mall, houses Minnesota’s first five-star hotel — the 222-room Four Seasons Minneapolis — and 34 luxury Four Seasons Private Residences on the uppermost floors. Three restaurants are also on-site, including Chef Gavin Kaysen’s Mara, a full-service restaurant and bar, and Socca Café. The office space is currently 99% leased to six tenants, including anchor tenant RBC Capital Markets, United Properties and Pohlad Companies.

“Our team set out to create a development that would add to — and invest in — the future of the city that we call home, ” said Chris Pohlad, chief of staff, United Properties. “We are proud to have added new energy to downtown by creating a connection point between the Central Business District and the North Loop.”

The sale did not include the Four Seasons Hotel & Spa or luxury condos located in the building.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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 United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (July 19, 2023) — United Properties is pleased to announce the grand opening of Amira Minnetonka, its newest 55-plus active adult rental community, located at 801 Carlson Pkwy. in Minnetonka. This is United Properties’ third Amira community to open; locations in Bloomington and Roseville are fully leased.

“We are thrilled to welcome residents to their new home at Amira Minnetonka,” says Naomi Ohnstad, development director, United Properties. “Our aim is to have best-in-class communities that give older adults — including Baby Boomers looking to downsize — the freedom to focus their time and energy on what matters most: community, family, friends and their interests.”

Amira Minnetonka features 186 spacious, light-filled units ranging from alcove studio to three-bedroom floor plans. All rental units feature walk-in closets, in-unit washers and dryers, individual climate control and more. Many homes include a flex room that can be used as an office or hobby space, and most units feature private outdoor areas. Nineteen units are affordable, and rental fees for every unit are all-inclusive, except for electricity — making it an ideal option for 55-plus adults looking to budget monthly costs.

The active adult community’s on-site team manages day-to-day maintenance, freeing up residents’ schedules to utilize the community’s indoor and outdoor amenities, which include a golf simulator, library, yoga and fitness studios, an outdoor pool and hot tub, community gardens, fully furnished community rooms, a club room and sky lounge. Residents also have access to daily events and activities, such as community happy hours or an outing to a Twins baseball game.

Citing a recent surgeon general’s warning about the epidemic of isolation and loneliness, Ohnstad notes, “I’ve seen people move into our buildings and find a fresh vibrancy and zest for life after just a few weeks. Amira Minnetonka offers more than housing — it’s a true community.”

Conveniently located near Interstates 394 and 494, Amira Minnetonka has easy access to Carlson Towers, nearby walking and bike paths, dining and shopping. The location is also within three miles of downtown Wayzata, which offers local restaurants and retail, and picturesque views of Lake Minnetonka.

Additionally, Amira Minnetonka is United Properties’ first residential building to feature solar panels. The 40-kilowatt system will offset electrical costs in common areas while supplying power back to the electrical grid.

The community is professionally managed by Great Lakes Management. Additional project partners include Weis Builders, ESG Architecture & Design, Brue Baukol Capital Partners and Bremer Bank.

More information is available at www.amiraminnetonka.com.

About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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MINNEAPOLIS (May 17, 2023) — United Properties today announced the appointment of Judy Jandro to vice president of capital markets. In this role, Jandro will work closely with Eric Skalland, chief financial officer and executive vice president of capital markets, to source third-party equity for new developments, acquisitions and recapitalizations.

“We’re thrilled to welcome Judy to the United Properties team,” says Skalland. “Her extensive commercial lending experience, strong business and financial acumen, and proven success building trusted relationships while being active in the community will be invaluable assets to us.”

As part of the capital markets team, Jandro will lead and coordinate all due diligence requests from prospective third-party capital partners to ensure timely closings, monitor equity capital markets, maintain strong contacts and manage capital relationships as a representative of United Properties. Her capital market monitoring responsibilities will include providing feedback to management regarding capital market trends, rates and structures, and sources to support decision-making and strategy.

Jandro joins United Properties with over 20 years of experience in the banking industry with a passion for providing capital to developers and small businesses around the country. Most recently, she was senior vice president of small business lending at Community Reinvestment Fund, USA, where she led a team of 15 people and was responsible for pipeline management, department planning, budget management, talent development, customer relations and vendor relationships.

Jandro holds a bachelor’s degree in business administration from the Wisconsin School of Business and a Master of Business Administration degree from Bethel University.

About United Properties

United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help enrich communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas.

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