msca 2021 president’s letter · 2021. 1. 4. · anuary 2021 2 2020 starr sm award winners: msca...
TRANSCRIPT
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INSIDE THIS
ISSUE:
MSCA 2021 President’s Letter .......................... 1
STARRSM Award Winners.................................2-6
2021 MSCA Philanthropic Charity of Choice ..... 6
Year End Retail Sales ....................................... 7
MSCA Leadership ............................................. 7
Minnesota Marketplace .................................8-9
2021 Calendar & Calendar of Events ............... 9
New Members & Announcements ................... 10
JANUARY 2021The C onne c t ion3CLICK ON THE ARTICLE TITLE TO
LINK DIRECT TO THAT PAGE
Thank you,
MATTHEW G. MOCK2021 MSCA President
MSCA 2021 President’s Letter I have been a MSCA member since 2004. I have served beside many of you on committees and met most of you as we networked at a program or an event. I believe very strongly in this organization and am in awe of the talented individuals who make up this group. So, I am honored to serve as the President of MSCA for 2021 and look forward to joining with all of you to embrace the challenges in our industry and what appears to be our new normal.
Today, we are one of the largest retail real estate trade association in the upper Midwest. The focus of our organization is to provide excellent industry data, insights and education through the monthly programs that the MSCA staff and volunteer committee members develop, coordinate and execute. These continuing education opportunities provide needed insight into relevant topics as well as great networking opportunities on a regular basis. I am very impressed with our membership and the MSCA staff for embracing the virtual learning model. If we can’t physically gather together, we are learning to adapt with a video version of learning and networking.
As we have learned with most everything in our lives, the more you put into your MSCA membership, the more you will experience the benefits of membership. Where else you can be surrounded by hundreds of your peers, colleagues and your next business deal or vendor relationship! Take advantage of this vast group of individuals that make up MSCA. Join a committee, become a legislative contributor, get involved and share your wisdom and experiences and help us build an even stronger organization!
Our future, our industry, our thinking is all being challenged in these times; I can’t think of a better group of people to be working with. I am encouraged to see the changes, the innovation and the redevelopment of the retail industry…What part will you play?
Matthew G. Mock
mailto:[email protected]
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2020 STARRSM Award Winners:
MSCA ANNOUNCES WINNERS OF THE 2020 SHOPPING CENTER TRIBUTE AWARDS FOR RETAIL REAL ESTATEAND ELECTS NEW 2021 BOARD OF DIRECTORSMSCA is proud to announce the 2020 Shopping Center Tribute Awards for Retail Real Estate (STARRSM Awards) winners. The annual MSCA STARRSM Awards honor outstanding projects and extraordinary individuals in the retail and shopping center industry.
2020 STARRSM AWARD WINNERS ANNOUNCED DECEMBER 8, 2020:
4 INTERIOR DESIGN: FULL SERVICE RESTAURANTBALDAMAR ~ ROSEVILLEOwner(s): Randy StanleyArchitect(s): Shea DesignConsultant(s): ERA, BKBM, Gausman & Moore,
Tri-Mark HockenbergsContractor(s): Zeman ConstructionProperty Management: Jones Lang LaSalle
4 INTERIOR DESIGN: QUICK SERVICE/FAST CASUAL/FAST FOOD THE GROCER’S TABLE ~ WAYZATAOwner(s): Lindsay PohladArchitect(s): Shea DesignConsultant(s): Boelter PremierContractor(s): SourcegroupProperty Management: Jim Beltz
4 INTERIOR DESIGN: RETAIL/NON-FOOD SERVICE THE COVEN ~ ST. PAULOwner(s): Excelsior GroupArchitect(s): Studio BVConsultant(s): KALCON, LLC
4 INTERIOR DESIGN: ENTERTAINEMNT/EXPERIENTIAL THE FILLMORE THEATER AND ELEMENT BY WESTIN AT TARGET FIELD STATION ~ MINNEAPOLISOwner(s): United PropertiesArchitect(s): Tushie Montgomery ArchitectsContractor(s): Weis BuildersAdditional: Meyer Borgman Johnson; Civil Site Group;
Steen Engineering
WINNER! WINNER!
– continued on page 5
WINNER! WINNER!
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4 NEW CONSTRUCTION: RETAIL SINGLE TENANT UNDER 10,000 SFWAHLBURGERS - THE VILLAGE ~ MAPLE GROVEOwner(s): Hy-Vee, Inc.Developer(s): Doran CompaniesArchitect(s): RSP ArchitectsConsultant(s): Aerotek Environmental; Konik PrimeStaff;
Ericksen Roed & AssociatesContractor(s): Hy-Vee Construction
4 NEW CONSTRUCTION: RETAIL MULTI-TENANT UNDER 10,000 SFGROVE DRIVE RETAIL - MAPLE GROVE HIGHLAND BANK/CARIBOU COFFEE ~ MAPLE GROVEOwner(s): United Crushers Development Company LLCArchitect(s): Mohagen HansenConsultant(s): Wall CompaniesContractor(s): RochonProperty Management: Kenzie Management Group LLCBanker(s): Great Southern Bank
4 NEW CONSTRUCTION: RETAIL 10,000 – 20,000 SF GRAZE PROVISIONS + LIBATIONS ~ MINNEAPOLISArchitect(s): ESG Architecture & DesignConsultant(s): Ericksen Roed & Associates; MEP EngineersContractor(s): RochonOwner(s)/Developer(s): 45th Northloop Partners LLCPhotography: Jeremy Jordan Photography; Gaffer Photography
4 NEW CONSTRUCTION: RETAIL OVER 20,000 SFSCHEELS AT EDEN PRAIRIE CENTER ~ EDEN PRAIRIEOwner(s): CAPREF Eden Prairie LLCDeveloper(s): Eden Prairie Center, LLCArchitect(s): R.L. Engebretson Architecture,
Interiors & ConstructionConsultant(s): LHB, Inc.Contractor(s): Kraus-AndersonLeasing Agent(s): Jeff PlaucheProperty Management: Jones Lang LaSalle Americas, Inc.
WINNER!
– continued on page 6
WINNER!
CONTINUED: 2020 STARRSM Award Winners
WINNER!
WINNER!
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4 DESIGN & AESTHETICS RENOVATION/REMODEL: INTERIOR RETAIL UNDER 8,000 SF
PARK DENTAL AND THE DENTAL SPECIALISTS ~ ROSEMOUNTOwner(s): DRF Rosemount Dental LLCArchitect(s): Sperides Reiners Architects, Inc.Contractor(s): RJM ConstructionBanker: Bremer BankDeveloper(s)/Leasing Agent(s)/Property Management: Frauenshuh, Inc.Additional: Ericksen Roed & Associates
4 DESIGN & AESTHETICS RENOVATION/REMODEL: INTERIOR RETAIL OVER 8,000
801 CHOPHOUSE - RSM PLAZA ~ MINNEAPOLISOwner(s): Golub & CompanyArchitect(s): Shea DesignContractor(s): Zeman ConstructionLeasing Agent(s): Transwestern; Cambridge CommercialProperty Management: Golub
4 DESIGN & AESTHETICS RENOVATION/REMODEL: EXTERIOR RETAIL UNDER 20,000 SF
FIVE BELOW - TAMARACK VILLAGE ~ WOODBURYOwner(s): Tamarack Village Shopping Center, LPDeveloper(s): Muir Family Holdings, LLCArchitect(s): Architectural Consortium LLCConsultant(s): Anderson-Urlacher, P.A.; Hallberg Engineering;
Braun IntertecContractor(s): Doran Special ProjectsLeasing Agent(s): CBREProperty Management: Cushman & Wakefield
4 DESIGN & AESTHETICS RENOVATION/REMODEL: EXTERIOR RETAIL OVER 20,000 SF
THE SHOPPES AT ARBOR LAKES CENTRAL BLOCK RENOVATION ~ MAPLE GROVEOwner(s): PGIMArchitect(s): Westwood Professional ServicesConsultant(s): Streetsense; Westwood Professional ServicesContractor(s): Grindstone Construction ServicesLeasing Agent(s)/ Property Management: CBRE
WINNER!
– continued on page 7
WINNER! WINNER!
CONTINUED: 2020 STARRSM Award Winners
WINNER!
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4 DEVELOPMENT PROCESS PHALEN VILLAGE ~ ST. PAULOwner(s)/Developer(s): Paster PropertiesArchitect(s): DJR ArchitectureConsultant(s): Kimley-HornContractor(s): Shingobee Builders, Inc.Leasing Agent(s): CBREProperty Management: Colliers InternationalBanker(s): Johnson Bank
4 REDEVELOPMENT: RETAIL UNDER 10,000 SF FORGOTTEN STAR BREWERY ~ FRIDLEYDeveloper(s): Hyde DevelopmentContractor(s): KALCON, LLC
4 REDEVELOPMENT: RETAIL OVER 10,000 SF SCHEELS AT EDEN PRAIRIE CENTER ~ EDEN PRAIRIEOwner(s): CAPREF Eden Prairie LLCDeveloper(s): Eden Prairie Center, LLCArchitect(s): R.L. Engebretson Architecture,
Interiors & ConstructionConsultant(s): LHB, Inc.Contractor(s): Kraus-AndersonLeasing Agent(s): Jeff PlaucheProperty Management: Jones Lang LaSalle Americas, Inc.
4 MIXED USETHE FILLMORE THEATER AND ELEMENT BY WESTIN AT TARGET FIELD STATION ~ MINNEAPOLISArchitect(s): Tushie Montgomery ArchitectsContractor(s): Weis BuildersOwner/Developer: United Properties
WINNER!
WINNER!
WINNER!
WINNER!
CONTINUED: 2020 STARRSM Award Winners
4 INNOVATIVE COVID TRANSFORMATION: RETAIL PIVOTING ROE WOLFE ~ EDINAOwner(s): Ashley KilcherAdditional: Jennifer Hirschi;
Kevin Kramp
WINNER!
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MSCA HALL OF FAME AWARD: BARRY BROTTLUND InSite Commercial Real Estate
MSCA MEMBER OF THE YEAR: JESSEKA DOHERTYMid-America Real Estate - Minnesota, LLC
MSCA COMMITTEE MEMBER OF THE YEAR: LISA DIEHLDiehl and Partners, LLC
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4 INDIVIDUAL WINNERS:
4 YEAR END CEREMONIES:The Minnesota Shopping Center Association (MSCA) elected the following new officers on December 1, 2020 for 2021 leadership: as president MATTHEW MOCK, Flynn Midwest LP; first vice president TRISHA SIEH, Kimley-Horn; second vice president KELLE LANG STAATS, MSR Design; treasurer DEREK NAILL; secretary RUSS MCGINTY, North Central Commercial Real Estate; and past president WENDY AASERUD, Cushman & Wakefield.
MSCA 2021 directors include: EMILY BECKER, RMA Real Estate Services, LLC; MICHAEL BROICH, Target Corporation; EMILEE DECOTEAU, RPT Realty; MELISSA DUCE; MATT HAZELTON, CBRE; ANN OLSON, Bell Bank; JEREMY WELTER, Rochon.
CONTINUED: 2020 STARRSM Award Winners
by Emma Radtke,MSCA
CHARITYOF CHOICE
2021 MSCA Philanthropic Charity of ChoiceMSCA is proud to announce that we will be continuing our partnership with Open Arms of Minnesota in 2021. Open Arms of Minnesota is a nonprofit that cooks and delivers free, nutritious meals to people living with life-threatening illnesses in the Twin Cities. With open arms they nourish mind, body and soul. They believe that food is medicine, and their work matters to the health outcomes of their clients. With the help of over 7,300 volunteers, they cook and deliver more than 600,000 delicious meals per year to people living with life-threatening illnesses, as well as their caregivers and dependents. MSCA will be working closely with Open Arms of Minnesota to bring you a variety of great opportunities to support this organization as well as hands on volunteer opportunities. Stay up to date on our philanthropic partnership and opportunities on our Philanthropic page!
TO LEARN MORE ABOUT
OPEN ARMSOF MINNESOTA,
CLICK HERE
mailto:[email protected]://www.openarmsmn.org/aboutus/https://www.msca-online.com/about/Philanthropic
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MSCA LEADERSHIP WWW.MSCA-ONLINE.COM
OFFICERS:PRESIDENT...................... Matthew Mock, Flynn Midwest LP1ST VICE PRESIDENT ........ Trisha Sieh, Kimley-Horn2ND VICE PRESIDENT ....... Kelle Lang Staats, MSR DesignTREASURER ..................... Derek NaillSECRETARY ..................... Russ McGinty, North Central Commercial Real Estate
DIRECTORS: Emily Becker .................. RMA Real Estate Services, LLCMichael Broich ............... Target CorporationEmilee DeCoteau ............ RPT RealtyMelissa DuceMatt Hazelton ................. CBREAnn Olson........................ Bell BankJeremy Welter ................ RochonImmediate Past President (as Director) Wendy Aaserud, Cushman & Wakefield
COMMITTEE CHAIRS:GOLF ............................... Alan Catchpool, Kimley-Horn
Adam Zobel, WenckLEGISLATIVE .................... Genevieve Liesener, Cushman & Wakefield
Zander Fried, Cushman & WakefieldNETWORKING .................. Emilee DeCoteau , RPT Realty
Sheri Tessier, Grindstone Construction ServicesNEWSLETTER ................... Lisa Diehl, Diehl and Partners, LLC PROGRAM........................ Gavin Tugana , Mint Roofing
Jeremy Welter, Grindstone Construction ServicesRETAIL REPORT ............... Christopher Huntley, Mulligan & Bjornnes, PLLP
Jesseka Doherty, Mid-America Real Estate–Minnesota, LLCSPONSORSHIP................. David Eddy, Prescription Landscape LLC
Emily Becker, RMA Real Estate Services, LLCSTARR AWARDS ............... Mitchell Cookas, Kimley-Horn
Jennie Zafft, CBRE
MSCA STAFF: Karla Keller Torp, Executive Director — (P) 952-888-3490 (C) 952-292-2414Emma Radtke, Associate Director — (P) 952-888-3491 (C) 952-292-2416
by Lisa Diehl,DIEHL AND PARTNERS, LLC
IN THE NEWS
Expanded Holiday Season & Pandemic Drive Retail Sales
HOLIDAY RETAIL SALES THIS HOLIDAY SEASON INCREASED BY 3%, according to Mastercard Spending Pulse, running from October 11 through December 24. A testament to the holiday season and strength of retailers and consumers alike. Shoppers this season shopped from home ‘for the home’, leading to record e-commerce growth. U.S. consumers shopped far earlier, as retailers offered special promotions early and often. Black Friday was down (-16.1%), Thanksgiving weekend through Cyber Monday remained a key time for shoppers, with Black Friday being the top spending day of the 2020 holiday season.
Home furniture and furnishings experienced the strongest growth of any sector, up 16.2%, and it grew 31.0% online specifically. Home improvement up 14.1%, with e-commerce sales up 79.7%. Apparel experienced a decline of 19.1%, while electronics and appliances were up 6.0%. Department stores saw overall sales decline of 10.2% and online sales growth of 3.3%, reinforcing the importance of omnichannel offerings. Buy online, pick up in store as well as technologies like contactless were key for retailers this season.
WILL 2021 BE ABLE TO BEAT THESE FIGURES?
mailto:[email protected]://www.msca-online.com/about/leadershiphttps://www.msca-online.com/
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WILDFLYER COFFEEBROTHER JUSTUS WHISKEY CO. HEY!JOY
4Look for CARIBOU COFFEE CABIN coming to Coon Rapids Boulevard. They recently opened in Fridley on University Avenue. Plans for a new coffee shop in Port Riverwalk, near the housing development mentioned above are moving forward. The Coon Rapids Planning Commission approved the site plan for a 600 square foot Caribou “coffee cabin” to be located at the southwest corner of Egret and Coon Rapids Boulevards.
4NUTMEG BREWHAUS is now INEFFABLE BREWING CO. in Burnsville. Chanhassen Brewery Company received city council approval in December and will be taking over the former Perkin’s in Chanhassen in 2021.
4Kim Bartmann’s, BURGERS & BIRDS, a new ghost kitchen operating from Book Club in Minneapolis’ Armatage neighborhood recently opened. CLUCKER’S CRISPY FRIED CHICKEN, Kaskaid Hospitality has made room in its Crave restaurant kitchens for a second delivery-only side project.
4BROTHER JUSTUS WHISKEY CO., the six-year-old craft distillery has opened a 14,000 square foot spot overlooking Columbia Park and Golf Course.
4MINNY ROAD MARKET, recently opened in Hopkins. The boutique grocery puts an emphasis on Minnesota-made and ethically sources foods from local vendors.
4Toy store, HEY!JOY opened in December at the Mall of America occupying 11,000 square feet of space.
4Budding Minnesota dispensaries will eventually double to 16. GREEN GOODS recently opened in Hermantown, Burnsville, Blaine, and Woodbury. LEAFLINE LABS opened in Willmar and has other locations they will be opening as well.
4RADIO SHACK, twice left for dead, gets new chance with an online presence. PIER 1 is relaunching as pure-play e-commerce retailer.
4PEACE COFFEE is closing its retail operation to concentrate on wholesale. WILDFLYER COFFEE, a business that provides jobs for youth experiencing homelessness, is setting up shop in the former coffee shop in Longfellow. On that same note, PENNY’S COFFEE in Linden Hills has closed and gifted pastry chef, Shawn McKenzie, of CAFÉ’ CERE’S will take over the space.
4THE FORECAST FOR 2021’S NEW RESTAURANTS IS PROMISING! Yia Vang will open VINAI in northeast Minneapolis. Ann Kim will debut her long awaited SOOKI & MIMI. The historic Rand Tower will open the RAND TOWER CLUB on the top floor as the weather gets nicer. DAYTON’S FOOD HALL & MARKET should open. MARKET AT MALCOM YARDS is taking shape. KARYN’S QUARATINE KITCHEN has opened a takeout restaurant. HAMBURGUESAS EL GORDO has opened its third unit in the former TORI RAMEN spot on North Vitoria Street, just off of Selby. THE GREAT GREEK MEDITERRANEAN GRILL recently opened its first Minnesota location in Maple Grove.
IN THENEWS Minnesota Marketplace
“The secret of change is to
focus all of your energy not on
fighting the old, but on building
the new”Socrates
by Lisa Diehl, DIEHL AND PARTNERS, LLC
– continued on page 9
mailto:[email protected]
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MSCA CALENDAR OF EVENTS » 2021 Log on to www.msca-online.com/events/calendar for full calendar and updated information.
REGISTER FOR THESE 2021 CALENDAR EVENTS DID YOU KNOW: YOU CAN VIEW THE LIST OF ATTENDEES TO ANY OF OUR EVENTS IF YOU CLICK ON THE EVENT?
EVENT VENUE DATE
THE 3RS OF REAL ESTATE & THE ECONOMY Webinar January 6, 2021REINVENT • RECHARGE • REIGNITE
VIRTUAL THIRD THURSDAY Webinar January 21, 2021
WWW.MSCA-ONLINE.COM/EVENTS/CALENDAR/DATE/2021-01
4REVIVAL is going into the Texa-Tonka Shopping Center in St. Louis Park, formerly occupied by THANH DO and BEST OF INDIA, and is projected to open in April.
4MILLION’S CRAB, a Cajun seafood restaurant with locations in Ohio and Indiana, is making an expansion during the pandemic, with leases signed in Roseville on Snelling and Maplewood on Beam.
4Southdale Square welcome JARDIN and FOSS SWIM SCHOOL, which will both open in 2021.
4DICK’S SPORTING GOODS will backfill the vacant Sears box at Ridgedale Center. Dick’s will operate a two-level, 105,000-square-foot store.The remaining 66,000 square feet will be available for lease to other tenants, according to documents sent to the city of Minnetonka.
4BULLVINOS is the new Brazilian steakhouse opening in the former Octo Fishbar space, from the owners of Grill Hall Churrascaria in Maple Grove.
4YOGAFIT STUDIOS signs on as Daymark Uptown anchor tenant.
CONTINUED: Minnesota Marketplace
JANUARY WEBINAR – JANUARY 6TH, 2021JANUARY THIRD THURSDAY – JANUARY 21ST, 2021
FEBRUARY WEBINAR – FEBRUARY 3RD, 2021FEBRUARY THIRD THURSDAY – FEBRUARY 18TH, 2021TUBING EVENT & NETWORKING EXTRAVAGANZA – FEBRUARY 23RD, 2021
MARCH WEBINAR – MARCH 3RD, 2021MARCH THIRD THURSDAY – MARCH 18TH, 2021
APRIL WEBINAR – APRIL 7TH, 2021APRIL THIRD THURSDAY – APRIL 15TH, 2021BOWLING EVENT – APRIL 22ND, 2021
MAY WEBINAR – MAY 5TH, 2021MAY THIRD THURSDAY – MAY 20TH, 2021
JUNE PROGRAM – JUNE 2ND, 2021JUNE THIRD THURSDAY – JUNE 17TH, 202130TH ANNUAL MSCA GOLF TOURNAMENT – JUNE 21ST, 2021
AUGUST PROGRAM – AUGUST 4TH, 2021AUGUST THIRD THURSDAY – AUGUST 19TH, 2021
SEPTEMBER PROGRAM – SEPTEMBER 8TH, 2021SEPTEMBER THIRD THURSDAY – SEPTEMBER 16TH, 2021
OCTOBER PROGRAM – OCTOBER 6TH, 2021OCTOBER THIRD THURSDAY – OCTOBER 14TH, 2021
STATE OF RETAIL – NOVEMBER 3RD, 2021NOVEMBER THIRD THURSDAY – NOVEMBER 18TH, 2021
STARRSM AWARDS – DECEMBER 7TH, 2021
https://www.msca-online.com/events/calendar/date/2021-01
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DON’T FORGET MEMBERSHIP RENEWALS ARE DUE JAN. 31!
1. Log on to www.msca-online.com/account/login and log inwith your member ID and password.
2. On the right hand side, there is a list of ‘Other Actions’.Please click on ‘Renew My Membership’.
Note: MSCA staff does NOT have access to your password, so if you forgot your password, please click ‘forgot password’. It will send you an email and you will need to click on the link in that email to ACTIVATE the new password (the password will not work if you do not activate it).
LAST CALL FORCORPORATE SPONSORSHIP!
Deadline January 31st
HAVE YOU SEEN?
Here is the Duluth Costco under construction at the intersection of Haines and Arrowhead Roads close to the
airport. The 53.78-acre site, which Costco purchased for $2.35 million, will eventually be home to a 161,000 square foot
building, 725 parking spaces and a gas station.
VICTORIA SLAWIK ...............Slawik Properties/Har-Mar, Inc.
ALEX UHLER ........................American National Insurance
CASEY MARKA .....................Transwestern
RON RISHEL ........................Summit Grounds Management & Landscaping
BETH WEBER ......................City of Burnsville
WELCOME NEW MEMBERS
http://www.msca-online.com/account/loginhttps://agent.amfam.com/fost-choles/mn/bloomington/3601-minnesota-dr-ste-500/https://www.aspenwaste.com/https://www.msca-online.com/sponsors/corporate-sponsorship-benefits