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Beyond the Skyline Podcast – Revitalizing Downtown Minneapolis: Insights from Erin Fitzgerald
Beyond the Skyline is a podcast about economic development, commercial real estate and construction in Minnesota. Above all, it’s a show about what’s next, creativity and the innovation in technology that are changing how we work and shaping the future of business throughout our state. In this episode, Erin Fitzgerald, chair of the Minneapolis Renaissance Coalition and a senior director at JLL, talks to Finance and Commerce reporter Dan Netter. Fitzgerald discusses efforts to bring people together to reimagine investment in the city’s downtown. Read More
Planning the Next Steps for Downtown Minneapolis: Insights from Erin Fitzgerald
Erin Fitzgerald, a senior director on the Capital Markets team for JLL, also chairs the Minneapolis Renaissance Coalition, a private-public partnership focused on revitalizing downtown Minneapolis. Fitzgerald has been instrumental in developing a plan to address the challenges faced by office buildings due to remote work and economic shifts. She believes that the demand for flexible, hybrid workplaces will be a boon for downtown Minneapolis’s commercial real estate market. The coalition focuses on converting underutilized office spaces and improving areas like the Warehouse District to attract more entertainment businesses. Notably, Minneapolis had the highest percent change in visits to its downtown between March 2023 and March 2024, at 45.3%, surpassing cities like Chicago and Washington, D.C. This remarkable increase reflects the success of efforts to rejuvenate the downtown area. Read More
Hempel Real Estate Acquires LaSalle Plaza Office Building In Downtown Minneapolis From Northwestern Mutual
Erin Fitzgerald, Senior Director at JLL was part of the team that sold the first office building to trade in downtown Minneapolis since the start of the pandemic. Hempel Real Estate purchased the 30-story LaSalle Plaza office building from Northwestern Mutual for $46 million. The 620,000-square-foot property, located at 800 LaSalle Avenue, sold for $74 per square foot. The sale, facilitated by brokers Colin Ryan and Erin Fitzgerald of JLL, took place on June 27, 2023. Post-acquisition, Hempel Real Estate plans to invest $20 million in renovations, including amenities like indoor pickleball courts and a rooftop deck. Read More
VR/AR Realities of Commercial Real Estate
Senior Director of JLL Erin Fitzgerald joins Gabriel Aleman to discuss the application and implications of Virtual Reality (VR) and Augmented Reality (AR) when it comes to Commercial Real Estate. This episode covers the changes to the industry now vs 2008, the amazing revenue opportunity AR and VR technology could offer businesses that own commercial real estate, and the immediate concerns regulators need to address in order to make it all come together.
Erin Fitzgerald Joins JLL’s Minneapolis Investment Sales Team
Erin Fitzgerald, a former partner of the Minneapolis office of Transwestern, has joined JLL’s Minneapolis Investment Sales team as Senior Associate. She will work with Managing Directors Colin Ryan and Dave Berglund to help clients achieve their investment goals in the Twin Cities office and industrial sectors. Fitzgerald brings extensive experience in the office sector, having leased the majority of office buildingsdowntown and decades of relationship with institutional owners. JLL’s Minnesota Market Director, Brent Robertson, praised Fitzgerald for her ability to build strong relationships with stakeholders and her passion for revitalizing urban communities. With the Twin Cities seeing an uptick in commercial investment as the economic recovery continues, Fitzgerald’s expertise will be invaluable to the JLL team. Read More