News Release
United Properties Promotes Eric Simmer to Assistant Vice President
Simmer continues to focus on office and industrial developments
MINNEAPOLIS (Sept. 16, 2008) – United Properties announces the promotion of Eric Simmer to assistant vice president in the company’s Development group. A United Properties employee since January 2006, Simmer has played a significant role in several major office/industrial projects developed by the company and led the acquisition of additional development sites in the southwest metro.
Projects completed by Simmer include 35/13 Crossings, an 180,480-square-foot industrial project in Burnsville, and Staring Lake Corporate Center (Phase I), a 63,876-square-foot single story office/flex building in Eden Prairie. Both projects were completed last year and are in various stages of leasing.
“Eric’s promotion to assistant vice president is recognition of the high level of work that he consistently delivers for the company,” said Bill Katter, senior vice president, investments and development. “He has become a well-known, well-liked and reputable performer in the real estate industry. In the future, we look for him to continue his good work on major office and industrial developments in the Twin Cities and take on new challenges.”
Simmer most recently served as an asset manager at Edina Properties, where he oversaw the company’s real estate holdings. Prior to that, he was an investment manager at Interstate Partners and an asset manager at Thrivent Financial Simmer. He earned a Bachelor of Arts degree from the University of Wisconsin-Madison and is an active member of the National Association of Industrial and Office Properties.
About United Properties
United Properties, based in Minneapolis, Minn., specializes in commercial real estate development and investment. Since 1975, United Properties has provided development services for the retail, residential, office, medical and industrial sectors. In addition to a large presence in the Minneapolis-St. Paul market, United Properties' Colorado division develops retail properties, as well as office and flex office buildings through the recent acquisition of Ojala and Company. Formed in 1916, the United Properties investments group acquires, manages, finances and disposes of the company's real estate investments, which includes nearly 60 office, medical, industrial and retail assets in Minnesota, Wisconsin and Colorado. United Properties is a subsidiary of Marquette Real Estate Group. For more information, visit (www.uproperties.com).
Media Contacts
Martha Nevanen
Vice President, Marketing Communications
952-893-7539
mnevanen@uproperties.com
Jessie Folkens
Sr. Communications Consultant
952-837-8516
jfolkens@uproperties.com