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2014.01.14 EDA Agenda Packet
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2014.01.14 EDA Agenda Packet
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Commissions
Meeting Date
1/11/2014
Document Type
Agenda/Packets
Commission Name
EDA
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Dick Allendorf <br />952-820-1656 <br />rallendorfa northco.com <br />September 4, 2013 <br />Rachel Juba, Planner <br />14669 Fitzgerald Ave. N. <br />Hugo, Mn. 55038 <br />Re: Request for Qualification of Marketing Services to provide commercial real estate <br />services for city owned land <br />Dear Ms. Juba: <br />We have attached fifteen (15) tabbed books that include information about our company, team <br />and process that will demonstrate our qualifications to assist Hugo in finding users to fulfill the <br />purpose outlined in your RFQ. All of the supporting information described below is laid out in <br />attached exhibits. All contact information for us is as follows: <br />Legal Name of Company; Northco Real Estate Services, LLC, a Minnesota limited <br />liability company <br />Address: 5353 Wayzata Boulevard, Suite 400, St. Louis Park, Mn. 55416 <br />Contact: Dick Allendorf, Senior Vice -President, 952-820-1656, rallendorfrnorthco.com <br />Northco Real Estate Services ("Northco") is a full service commercial real estate firm with <br />Minnesota roots going back to 1975.We have a number of professionals with significant <br />experience in retail marketing, land sales and development, which have been teamed together to <br />address the marketing of your land. This team has over seventy (70) years of commercial real <br />estate experience (see exhibit 2). <br />We have included references for both retail and land assignments (see exhibit 3) meant to give the <br />city comfort in our background and company experiences. <br />A form of "Exclusive Representation Agreement" and suggested "Commission Agreement" is <br />also included (see exhibit 4). We believe both agreement types address the specific nature of your <br />Tax Increment Financing Agreement land situation, as well as the contiguous vacant land position <br />in your downtown area. <br />Also provided is our marketing plan (see exhibit 5). <br />We are pleased to present this information, and welcome any questions or comments which you <br />may have. We hope that we are selected and look forward to working with you on this exciting <br />project. <br />Regards, <br />Dick Allendorf <br />Senior Vice -President <br />
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