Marquette University
Press Release

Marquette real estate students win regional case competition

Marks third consecutive victory at NAIOP challenge

By - Apr 20th, 2016 10:20 am

MILWAUKEE — A team of Marquette University real estate students from the College of Business Administration took first-place honors the NAIOP Minnesota Case Competition for the third straight year. Marquette bested teams from St. Cloud State University, the University of Minnesota, the University of Northern Iowa, the University of St. Thomas and the University of Wisconsin-Madison.

NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate. The Minnesota chapter each year hosts the university case competition, in which student teams pitch commercial real estate development plans for a specific site.

This year’s site was The Link in Edina, Minnesota, a 12-acre, five-parcel suburban office park site with high visibility.

The team, which comprised Sarah McPherson, Kris Kucharski, Nicole Patel and Michael Garrity, was given several assumptions including land cost, adjacent uses and environmental considerations. They were then asked to address the development plan, construction timeline, budget, pro-forma, leasing plan and schedule, financial plan, and market analysis.

Each team had 10 minutes to present to a panel of judges from United Properties, The Davis Group, CBRE, Eberhardt Advisory, Marren Properties and BMO Harris Bank. The judges chose three finalists who then presented to an audience of almost 200 attendees.

“The competitions are the culmination of more than two months of intensive classroom work under the direction of adjunct instructor Dan Cowell, as well as numerous real estate professionals,” said Chris Korjenek, associate director of Marquette’s Center for Real Estate. “I’m proud of our team for all of their hard work and dedication—it feels great to bring the trophy back home again.”

Press Releases by Marquette University

Marquette University
Marquette University

Marquette Opus College of Engineering receives three grants worth $630,459

Grants will fund two projects and start a robotics program within local high schools

Marquette University

Marquette researcher finds major Middle East dust storm caused by extreme drought, not regional conflict

In addition, Parolari and his team found that vegetation coverage was high in 2015 compared to previous years.

Marquette University
Marquette University

Marquette Law School to host Restorative Justice Conference focused on domestic violence

The Law School established the Restorative Justice Initiative in 2004 to help support victims and communities in the process of healing from the effects of crime.

Marquette University

New Marquette Law School Poll finds Clinton leading Trump by 6 percentage points in Wisconsin; Senate race is virtually tied

Among Wisconsin likely voters, 46 percent support Hillary Clinton and 40 percent support Donald Trump.

See More Releases

Leave a Reply

Your email address will not be published. Required fields are marked *