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President’s Message

BOMA Greater Minneapolis

By Jon Kuskie 121 South 8th Street, Suite 610 Minneapolis, MN 55402-2825 Phone: 612-338-8627 Fax: 612-340-9744

The BOMA Newsletter

Sheila Miller, Editor and Publisher

Here is my two one-hundredths of a cent’s worth…

outreach and improve our offerings each and every day.

Greetings fellow BOMA members,

Throughout the economic downturn of recent years, our BOMA has annually budgeted to provide superior services in the realms of Advocacy, Education and Networking, and our BOMA has worked hard to maintain the line of dues increases whenever and however possible. This upcoming year will be no different. However, in the most recent years, we have increased individual dues from time to time while holding the building dues constant since 2006.

For those of you who have been thoroughly dedicated reading each and every word of the past few newsletters (thank you Sam Black and many others), you have no doubt read about the many educational offerings for commercial real estate professionals offered through our BOMA and through BOMA International. You have no doubt seen the added value to your membership for the advocacy being provided through BOMA on items large and small to make sure our industry receives fair treatment in the press, at the capitals as well as in city halls throughout the region. I am also certain you have taken part in the many networking activities that have taken place over just the past few weeks: • The annual golf outing • The Engineers Association social at Fulton Brewery • The Engineer’s tour of the Convention Center’s largest solar array in the Midwest • The sold out General Meeting on enhancing a vibrant economy And you are certainly planning on attending the incredible Taste of BOMA event at Thresher Square where we will hear from those involved in the proposed Viking’s Stadium and Downtown East development, as well as explore a building constructed in 1900 and how it continues transforming to a modern, efficient building of the future. What I am getting at is relatively simple. Our BOMA has a lot to offer all of us in the Commercial Real Estate industry and our related industries. What is most impressive to me is that our BOMA continues to expand our Page 2

October 2013

For 2014, the Board of Directors has approved a 2.5% increase in building dues, raising the rate from $.0078 per square foot to .008 p.s.f. That amounts to $20 for every 100,000 square feet. This increase is necessary to help pay for insurance, rent and additional advocacy and educational opportunities for the upcoming season. Most importantly, the Board of Directors has agreed to hold the line on all individual dues for 2014. We trust this thoughtful approach will be agreeable to you, our valued co-members, in light of the high value you receive for your membership dollars. Should you have any questions or concerns about the 2014 dues policy, please do not hesitate to call or email me, Kevin Lewis or Sheila Miller, and we will be most happy to discuss with you. Of course, you can always feel free to catch me at the next fantastic BOMA Greater Minneapolis event! Thank you again so very much for your continued engagement with our BOMA!

BOMA Greater Minneapolis

Statements and opinions expressed herein do not necessarily represent the opinion of BOMA or its membership. Articles may be reprinted only by written authority of the editor. DISCLAIMER: All advertisements are accepted and published by the publisher upon representation that the Agency and/or Advertiser is authorized to publish the entire contents and subject matter thereof. The Agency and/or Advertiser will indemnify and hold harmless the publishers, the employees and agents of the publisher from any loss or expense from claims or suits based upon contents of any advertisement including claims or suits for defamation, libel, violation of rights of privacy, plagiarism and copyright infringement. Officers President: Jon A. Kuskie, Zeller Realty Group Vice President: David K. Wright, FMA, RPA US Bank Corporate Real Estate Secretary/Treasurer: Kimberly K. Ihle, CPM, RPA, CCIM CBRE Directors Kevin A. Connolly, CPM, RPA Cushman & Wakefield | NorthMarq David R. Dabson, RPA, CCIM Piedmont Office Realty Trust, Inc. Lynette Dumalag, Nelson, Tietz & Hoye, Inc. Susan J. Goldstein, Xcel Energy Brett K. Greenfield, Colliers International Michael A. Hagen, The 614 Company Tanya J. Hemphill, RPA, CPM, CCIM Investors Real Estate Trust Tom W. Heuer, Aspen Waste Systems, Inc. Pat McQuiston, Target Corporation Jeffrey C. Steinke, RPA, Ryan Companies US, Inc. Amy J. Wimmer, Hines Kevin Lewis, Executive Director

October 2013 - BOMA Greater Minneapolis  

Monthly newsletter of the Building Owners & Managers Association of Greater Minneapolis.