Given our lives the past few years it seems like risky business to try and make some predictions. Nonetheless, here are our Twin Cities commercial real estate predictions for the new year!
Celebrating 8 years in business
Looking back in celebration of Women’s History Month
March 1 marks the start of Women’s History Month. After 38 years in the commercial real estate business, it seems appropriate that I make a few comments. First, it’s hard to believe that this much time has gone by! I may have “experience” but this industry has been so enjoyable that I remain energized by the people I meet and the deals and projects yet to be done.
Julie Kimble honored as a 2021 Women in Business by Minneapolis-St. Paul Business Journal
Congratulations to Julie Kimble on being selected as a 2021 Minneapolis/St. Paul Business Journal Woman in Business. The KimbleCo team and invited guests celebrated together during the Women in Business Awards luncheon on October 18 in honor of Julie's recognition.
As highlighted by MSPBJ: "...[Julie’s] leadership, strategic mindset and entrepreneurial drive have served as inspiration to other women trying to break into the still male-dominated industry." Read the full highlight online.
Congratulations to all the amazing women honorees.
Benefits of prefabricated construction for commercial buildings
As construction costs increase, developers are investing in prefabrication and modular construction for cost-effective ways to advance multifamily and other commercial developments. We asked our friend and colleague Cathy Schmidt, CEO at Fullerton Building Systems, to provide her thoughts on the advantages of (and changes in) prefabricated buildings related to commercial construction.
Development site selection: variables and process considerations
Commercial real estate projects include a myriad of variables, from vision and use to market and budget. Projects start with big ideas that are implemented through endless details. After understanding market dynamics and deciding on the product type you want to develop, selecting a site is one of the next steps in the development process.
Minnesota RE Journal Commercial Real Estate Forecast Summit June 2021
Creating value: Building conversion success stories
One of the best attributes of a career in commercial real estate is that no deal is ever the same and the opportunities for creative problem solving are endless. Commercial real estate is most definitely a thinking person’s game. Enter two properties, one an office building and one an industrial building.
The 'schecession' and COVID's impact on women at work
As companies large and small decide next steps in return-to-work, it’s important to understand how the negative effects that COVID had on many professional women may impact the future of work. Hybrid options, job roles, diversity training and flexibility will be key drivers of enabling women to re-enter the workforce.
Moving forward: the pandemic’s impact on office space
Section 1031 exchanges: an overview
How the pandemic is affecting commercial office leasing trends
Commercial real estate has been impacted by the COVID-19 pandemic. An industry that was once predicted to soar in 2020 is now starting to see the impacts of the global pandemic. One area where we are seeing change in CRE is in leasing; changes in leasing opportunities are affording companies of all sizes new options that provide cost-saving solutions.
The value of crucial conversations
We find ourselves having crucial conversations when we are giving advice to our clients, negotiating deals and even when we work together as a team. Most of the time it is when we are telling one another what we need to hear, not so much what we want to hear. Kate Damato provides a recap of Karen Curow’s insight at the CREW Network Leadership Summit last month on how to identify and prepare for crucial conversations in all areas.
Alleviate stress, develop trust: Tips for successful development projects
When we think about our world of commercial real estate, and specifically new development projects, we know and understand the enormous number of variables impacting projects and the resulting opportunity for success or failure. To protect your interests and provide the best opportunity for success, add experts to your team that know and understand how to develop a new building. Here are our tips.
The faces of women in commercial real estate
In honor of International Women’s Day, it is an absolute joy to take a few minutes to recognize some of our industry peers and admire some amazing women that we know in the commercial real estate industry. These inspiring women remind us to continue to work for change and diversity, together. Thank you for leading the way!
Urban or suburban? A comparison of asset benefits in each area
The best office location depends on many things—your business needs and goals, your budget, workforce, commute times and client or customer-facing access, to name a few. Office locations in the suburbs and in urban areas have a host of benefits. Rather than focus on the ‘cons’ of each, here are the positive implications of establishing your next office location or headquarters in urban and suburban areas.
2021 observations on the state of multifamily | Twin Cities market
9 KimbleCo predictions for 2021
Our theme for 2021: Promise
Each year, the KimbleCo team decides on a theme on which to build and guide us. As an EOS® company, it is important to us to track our actions and write down our goals to keep ourselves accountable so that we continue to grow and move forward. Learn what Promise means to us and why it will guide us in 2021.
