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2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
2021 PLANNER

               Minnesota Real Estate Journal
7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369
2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
2021 Media Readership
The Minnesota Real Estate Journal is the only community newspaper for the local
commercial real estate industry. Each issue provides comprehensive coverage of the
deals that have happened and insight on the trends shaping deals about to happen.

                         Our 14,000+ Readers Include:

                                 Senior-Level Decision-Makers

                    45% Real Estate Firms                                          33% Investment/Finance
                      Developers/Owners                                               Owners and Investors
                      Real Estate Brokers                                           (Institutional and Private)
                Property/Facility/Asset Managers                                       Commercial Lenders

                                         10%                                           12%
                                    Consultants                                Corporate Real Estate
                       Architects, Accountants, Appraisers,
                       Attorneys, Environmental, Economic
                       Development Groups, Contractors,
                        Title Insurers, Professional Service
                                 and Product Firms

                Our readers include members of the following major industry
                               organizations and associations:

  Minnesota Commercial Association of Realtors (MNCAR)         Sensible Land Use Coalition
  National Association of Industrial & Office Properties       Certified Commercial Investment Member Minnesota
  (NAIOP)                                                      Dakotas Chapter (CCIM)
  Minneapolis BOMA (BOMA)                                      International Facility Management Association (IFMA) –
  St. Paul BOMA (BOMA)                                         Minnesota Chapter
  Minnesota Shopping Center Association (MSCA)                 Institute of Real Estate Management (IREM) – Minnesota
  Urban Land Institute Minnesota (ULI)                         Chapter
  Minnesota Commercial Real Estate Women (MNCREW)              The Appraisal Institute (AI)
  Minnesota Multi Housing Housing Association (MMHA)           Society of Industrial and Office Realtors (SIOR)
  Appraisal Institute North Star Chapter                       Corporate Real Estate Network (CORENET)
  Associated General Contractors of Minnesota                  National Association of Real Estate Investment Trusts
  Minnesota Subcontractors Association                         (NAREIT)
  Hospitality Minnesota                                        Pension Real Estate Association (PREA)
2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
2021 Editorial Calendar
Editorial Contributions to MNREJ
Email our editor, Dan Rafter, at drafter@rejournals.com with indus-                                 Editorial attachments are preferred as Word documents. Please
try news and trends; new hires or promotions; sales and leases and                                  do not embed photos in copy. Deadline for bylined articles: 2nd
upcoming events. In addition to appearing in print, news will also                                  Friday of the month for consideration in following month’s edition.
appear at www.rejournals.com and will be distributed via broad-
cast email every Friday. For byline article submission and direction                                For editorial direction, please contact:
please contact the editor prior to writing the article. All articles must                           Dan Rafter, p 630.444.0477, drafter@rejournals.com
be exclusive to IREJ. All art and photography attachments should
be 300 dpi pdf or jpg files (see advertising specifications).

The Minnesota Real Estate Journal is             Company Profile: An in-depth look at com-        Development Profile: The Minnesota Real        Weekly E-Newsletter: Every Friday, the
a community newspaper for the local              mercial real estate firms making an impact       Estate Journal gets the story behind marquee Minnesota Real Estate Journal sends its
commercial real estate industry. Each issue of   in Minnesota. Whether it is corporate giants,    developments and examines what makes           weekly eBlast to approximately 11,500
MNREJ covers the hottest topics and trends       successful private firms or new ventures, we     them a success.                                subscribers. The eBlast is filled with the
pertaining to a specific commercial real estate highlight firms with a unique story to tell.      Q&A: The editor of the Minnesota Real          latest breaking news, industry profiles and
sector.                                          Professional Profile: A look at a successful     Estate Journal often sits down with a highly   company announcements.
                                                 commercial real estate professional, high-       successful professional with a unique story    Directories: Each issue will feature directo-
The geographic focus gives an in-depth look      lighting the reasons for the person’s success.   to tell.                                       ries that include: company logo, company
at major markets throughout Minnesota,           CRE Future Leaders: Once a week we profile News Briefs: Our Briefs sections highlight           contact info, key contacts, 35-word services
highlighting the important stories and trends    a young professional who has had early           the deals and dealmakers that make the         provided, 35-word company description. Low
in each area.                                    success and who is projected to be a leader      commercial real estate industry such a vibrant cost advertising, maximum exposure.
                                                 in the real estate industry.                     business.

                                                                                                                                                                        AD CLOSE/
           ISSUE                                         EDITORIAL FEATURE                                                       DIRECTORIES
                                                                                                                                                                         ART DUE

                                     Multifamily, Finance, Construction Trends                                          Brokerage Firms, RE Law Firms,
                                                                                                                        Construction Companies
   February                                                                                                                                                                  2/12

                                                                                                                        Asset/Property Management
                                     Downtown Office, Industrial, Opportunity Zones                                     Firms, Finance & Investment Firms,
   April
                                                                                                                        Construction Companies
                                                                                                                                                                              4/9

                                                                                                                        Brokerage Firms, Construction
   June                              Finance, Healthcare & Medical Office, Retail                                       Companies, Multifamily Finance
                                                                                                                                                                             6/11
                                                                                                                        Firms, Law Firms/RE Attorneys

                                                                                                                        Brokerage Firms, Construction
                                     Property Management, Multifamily & Affordable                                      Companies, Multifamily Finance
   August                            Housing                                                                            Firms, Economic Developent                           8/13
                                                                                                                        Corporations

                                     Office, Retail, Suburban Office                                                    Asset/Property Management Firms,
                                                                                                                        Contractors, Developers, Law
   October
                                                                                                                        Firms/RE Attorneys
                                                                                                                                                                             10/8

                                     Industrial, Senior Housing, Finance, Year in                                       Annual Resource Guide, Minnesota
   December                                                                                                             Women in Commercial Real Estate                    12/10
                                     Review
2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
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2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
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2021 Digital Advertising Rates: E-Newsletter

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                                    • For E-Newsletters, creative must be submitted
                                    as a JPEG or PNG format with a resolution of 96
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                                    above for banner dimensions). We will NOT
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2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
2021 Digital Advertising Rates: Spotlight Blast/Sponsored Content

                                        DEDICATED “SPOTLIGHT”
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                                       • Your article will be featured on our website
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                                       • Your headline will link to your full story and
                                       will be read by REJournals subscribers.

      SAMPLE                           Your article’s subject may include:
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                                       Interested? Here’s how this works:
                                       1. Send us your 250- to 750–word
                                       article and photo(s)
                                       2. We’ll review and send you a proof
                                       3. Once approved, we’ll schedule
                                       for publication
2021 PLANNER - Minnesota Real Estate Journal 7767 Elm Creek Boulevard, Suite 210, Maple Grove, MN 55369 - REJournals
2021 Directory Listing Opportunities
                                                                                                                                                                                                                                                                                                                                                                                     October 1st at

                                                                                                                                                                                                                                           ©2020 Real Estate Publishing Corporation
                                                                                                                                                                               20                                                               August 2020 • VOL. 36 NO. 3                                                                                                                   Rejournals.com/mnawards
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                                                                                                                                                  AS big retail deal during COVID-19? NAI Legacy meets the challenge
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      th        b                                                                                                    ERSI                    peo see th
                                            ic                                                                                                     By    Dan      Rafter,
                                                                                                                                                                      0         Editor
                                           C
                                           h st Fore po            li        o res                                                                         t.
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                                                                                                                                                                                                                                                                                                                                                                                                                     t sa the Tw e th SM an
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                                         Yo rkets showAviso                                                                         low hat’s month to th wasinneapolis’                        1
                                                                                                                                                                                  tors r 20 gest hen
                                                                                                                                                                                                            ab Legacy  5.5        is proving
                                                                                                                                                                                                                                      lio
                                                                                                                                                                                                                                           n                that big France Ave. South. The 58,000-square-foot three-story Michael Houge, managing                                                                          le in         partner
                                                                                                                                                                                                                                                                                                                                                                                                                                         in          ou of NAI    nou Legacy and                   e ar        B         E
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         e n ut to very said.
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                                                                                                                                                                                                                                                                                                                                                                                                                                                 has gh CSM nced
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                                                                                                                                         T ix
                                                                                                                                                         ing pace il deals, sec n foand                                           milin particular, can
                                                                                          a                                                   ts                                                   nbig retail deals                                                                 RH Gallery features a wine vault, showrooms filled with head of its net-leased division.                                                            e                                                                  ow          b          cl
                                                                                                                                        firs ccord ial s d reta oget               o e stro 15, w                          n1                                                                                                                                                                                                                  Gro confirm didn’ this                                             ord e a par ient                Kol

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                                           are ordin
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      sr
                                                                                                                                                                             rpti doneth 2today,  0 d. even            thain the age of COVID-                                       the brand’s furniture and a rooftop restaurant.                                                                                                        the up purc ed th t nam histori
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      s. It
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           ’s p t of            ple ud sa
                                             a c c                                                                                            A erc an                 bs        t is       e            e         re                                                                                                                                                                                                                                                                                                                                of          id
                                                                                                                                                mm ial              l a ha inc orb mo                                                                                                                                                                                          This didn’t mean, though, that NAIealLegacy
                                                                                                                                                                                                                                                                                                                                                                                                                                                  d             h          at N       e  a bu c sa                               re tty        Citie     h ow        that

                                                              man
                                                                                                                                    in co str tota t. T19. t s abs as                                                                                                                                                                                                                                                                                   was asedofficials          ew didn’t  ye        le                                  even s. That strong the bi
                                                                                                                                Tw lf indu The re fee arke was rate w                                                                                                                                                                                                                                                                                           not the p                Yor r, Th yester
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          to th as M stren the in g deal
                                                                                                                         the d ha                                                                                                                                                    6801 France DST, a Delaware Statutory Trust controlled worry about closing such a big deal during                                                                                           or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      rele a pandemic        k-        e
                                                                                                                                                   ear. squa ies m space tion                                                                                                                                                                                                                                                                                              ased toflio based Busin day.

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                                                                                                                   t in con and yThe
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 .          . Th                  es        A           pan e econ nesot gth ex dustri is just
                                                                                                                                                               Cit et of sorp brokerage and property management                                                                                                                                                                                                                                                                                  e fi The B s Journ nd
                                                                                                              rke se ial                           lion inMinneapolis                                                                                                                by NAI Legacy, acquired the property directly from RH that has decimated the retail industry.                                                                                                                                                             dem         om         a         pla        al
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               ic tu and th ins w marke the late
                                                                                                          ma the str                                                        ab                                                                                                                                                                                                                                                                                                                        nal
                                                                                                                                                      Tw are fe 0yesterday                                                                                                                                                                                                                                                                                                                                 sale lackston al “I                      ic.
                                                                        e r                        ta te ak in , indu                       in- company    u           19                   announced that it has acquired the in a sale and leaseback transaction that included a 20-                                                                                                                                                                                                                          s pri                   n du
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      rmoi e re hy th t is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  st ex
                                                                                                 s         e     ice
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                                                                                             l e str
                                                                      ft                                                                        d       s        e                                                                                                                                                                                                                                                                                                                                                                                                                ough of th deal the T
                                                                                                                                   sed en
                                                                    a                                                                                                                                                                                                                                                                                                                                                                                                                                                 ce                      st
                                                                                                                                                              Th                                                                                                                                                                                                                                                                                                                                                                   cou
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        ntr rial is
                                                                nR                       rea a hot e off                       lea the rateRestoration                     Hardware| Minneapolis – Gallery property year absolute net lease.                                                                                                                                   Houge said that NAI Legacy was ready to close this deal                                                                                    of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        t on e cou was cl win
                                                            Da                      ial                th                y re at
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              y, an real
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               by th ntr y
                                                                                 erc ed on s in ll. centl that cancy d atlocated
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    ose
                                                        By                                                                                           a            in Edina, Minnesota.                                                                                                                                                                                         in March. Then COVID-19 hit. This caused NAI Legacy                                                                                                                  d es ly a                                         e C adju d
                                                                               m    in        ie        fa                                                                                                                                                                                                                                                                                                                                                                                                                                                 p ec       hea
                                                                         com ma anc to its
                                                                                                                re said va stoo                                                                                                                                                      The combination of the store’s quality and its desirable to pause the transaction.                                                                                                                                                                                         iall      lt
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     y so hy pro
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          OV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               ID-1 s
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      st
                                                                    he ies re h vac nuing ld, in eport ar, th erties
                                                                                                                      ,

                                                                        T
                                                                                                                              e                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       9
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             her duct
                                                                      Cit , wit conti kefie ass R st ye prop                                       The RH store, one of the crown jewels of the city of Edina’s location made the acquisition too good to pass up, said                                                                                                                                                                                                                                                                                                          e in         ty
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Min pe acro
                                                                            9 rs Wa mp la tail
                                                                      201 to                                                                       Greater Southdale District Plan, opened in 2019 at 6801
                                                                  of il sec an & aul C rter o and re
                                                                                                o         f                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    nes
                                                                                                                                                                                                                                                                                                                                                                                                                                            DEALS (continued on page 16)                                                                                                    CSM                    ota, ss the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        ” K
                                                                   reta ushm /St. P qua strial
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   (con
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        tinue                ol-
                                                                          C lis rth du                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         d on
                                                                              po     u       in                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     page
                                                                         nea the fo ffice,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               12)
                                                                           of ss o
                                                                             acro

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