Thursday, April 22, 2021

Zoom webinar

Competition Results

18th Annual University Challenge

Student teams from regional universities are charged with pitching a deal to potential investors that involves the most profitable yet feasible project that maximizes value while achieving the highest risk adjusted return.

The teams are asked to address a development plan, construction timeline, budget, pro-forma, leasing plan and schedule, financing plan and market analysis.

The Site

This year's site is the former Nicollet Avenue Kmart, owned by the City of Minneapolis.

Teams will assume that the City of Minneapolis will complete and pay for all demolition on the site and then subsequently reconnect Nicollet Avenue prior to the developers taking ownership of the property. The two new parcels this will create will be shovel-ready sites.


3:00 pm | Zoom presentation

Presentation Times (approx.)
  • 3:02 PM | Marquette University
  • 3:22 PM | University of Wisconsin-Madison
  • 3:42 PM | University of St. Thomas
  • 4:02 PM | University of Minnesota
  • 4:22 PM | St. Cloud State University
  • 4:40 PM | Winner announcement



License Credit

This program does not qualify for continuing real estate education credits.

The Schools

Marquette University Center for Real Estate

St. Cloud State University

University of Minnesota

University of St. Thomas

University of Wisconsin-Madison

The Judges

Ted Abramson, Senior Vice President, CBRE
Casey Dzieweczynski, Development Manager, Wellington Management
Jeremy Jacobs, Managing Director/Market Leader, Colliers International
Drew Johnson, Senior Vice President, Oppidan
Damon Peters, Senior Vice President, TCF Bank

Event Partner

Opus Foundation

The Opus Foundation® is proud to partner with NAIOP in supporting our future commercial real estate professionals at the 2021 University Real Estate Challenge.

Event Sponsors