Suntide Commercial Realty, Inc.

Many thanks to our colleagues at IREM Minnesota Chapter for putting together a weeklong food drive supporting Every Meal. Commercial office properties around the Twin Cities were asked to collect canned goods, noodles, granola bars, oatmeal, and other nutritional food items for kids. The tenants at Court & Case in St. Paul really stepped up to the challenge, thank you! On Thursday, all the food was successfully packed and delivered to IREM’s collection centers in Golden Valley and Edina. Every Meal is a Minnesota nonprofit that works to fight hunger in the Twin Cities community by filling the gaps to food access that children face during weekends. If you’d like to participate or make a donation, you can still do so by visiting https://lnkd.in/g6h8zE6m   #PropertyManagement #CRE #CommercialRealEstate #office #community #give #giving #volunteer #StPaul #Minneapolis #Minnesota Institute of Real Estate Management (IREM)

Suntide is excited to announce a new tenant amenity coming to the Court & Case campus: a brand new 75+ person conference center. Although Court & Case already has a conference room, tenant demand called for a larger space, more furniture options, and expanded hospitality amenities. The new conference center will be located on the 3rd floor of the Court International building. When a user first walks in, they will first enter the lounge area which will offer guest seating, high top tables, a room pod for private phone calls, hospitality area, and a mezzanine for break-out sessions. Beyond the lounge, the space will open up to the larger training area. Rows of mobile training tables can be configured to suit the needs of the presentation format. In front will be two large presentation screens, and a lectern equipped with state-of-the-art technology. Archimea Interior Design Services provided #interiordesign for this project, and the Suntide construction team will begin work later this month. The conference center is expected to be complete in Fall 2024. To learn more about this project, contact Jeff Hart, CCIM or Kevin Peck, or visit https://lnkd.in/gYRx_fkE   #PropertyManagement #CRE #CommercialRealEstate #office #officespace #remodel #technology #innovation #StPaul #SaintPaul

Get your food donations ready – the food drive starts today! 🥫 More than 300,000 children in Minnesota face food insecurity. Without reliable access to food, the risk of hunger is very real. Join IREM Minnesota in supporting Every Meal to fight child hunger in our community. You can donate food or funds to make a difference. Important Details: - On-site food collection: July 15-17 - Food drop-off: July 18 We have multiple convenient locations for food drop-off to make it easy for everyone to participate. For more information on donation sites and food item guidelines, visit our Event Page: https://lnkd.in/gVPPAtXH Help us fill the gaps and ensure no child goes hungry!

Update! The Suntide #construction team has made significant progress on the new amenities coming to River Park Plaza in St. Paul. The most noticeable progress is on the 7th floor, where construction is underway to build a new tenant sky lounge, rooftop patio, and conference center. “We demo’d the entire space and installed glass entries,” says Kristyn Secaur, Director of Construction Services. “The ceiling has been exposed, and we’ve applied a fresh coat of paint. We’re looking forward to getting the specialty lighting, walls, custom mural, and furniture all installed. The transformation will be incredible.” Archimea Interior Design Services, who provided interior design for this project, has been close at hand during the construction process. “The new sky lounge will provide space for informal gatherings, company celebrations, and training opportunities,” says Brenda Stock . NCIDQ . IIDA . LEED AP. “It will also take advantage of the building’s spectacular views, including the Mississippi River and St. Paul skyline.” The project is expected to completed in Fall 2024. To read more about the new amenities coming to River Park Plaza, visit https://lnkd.in/gPy5Wqh3 #PropertyManagement #CRE #CommercialRealEstate #interiordesign #remodel #build #design #innovation #StPaul #Minneapolis #Minnesota

With Minnesota temperatures expected to climb into the 90s this week and next, building owners quickly realize how energy consumption becomes a big part of their bottom line. This is why Suntide makes #energyefficiency a core tenet of our property management services. “Energy efficiency is an important step in property management,” says Barbara Schuba, Suntide’s CFO/COO. “It might be through LED light retrofits, water efficient toilets, or by inspecting the building’s envelope and looking for places to improve. We may also consider capital upgrades such as rooftop solar, HVAC, or boiler upgrades. All of these steps can help reduce operating costs and increase the owners’ investment in the long run.” Inspections of Suntide’s managed buildings are done routinely to ensure building owners are utilizing all energy saving opportunities available. https://lnkd.in/eYKRVPuv #PropertyManagement #CommercialRealEstate #CRE #solar #cleanenergy #renewables #energy #property #investment #realestate #StPaul #Minneapolis #Minnesota

Please join us in welcoming the newest member of the Suntide team, Mitzi Baker. Mitzi comes to Suntide with extensive experience in property management, as her previous role was a dual role as both a Property Manager and Accountant for Mid-America Real Estate. There she managed a diverse portfolio of office and retail properties throughout the Twin Cities. She also has experience as a Loan Servicing Director and VP/Director of commercial loan work-outs, recovery, and negotiations.   Mitzi is slated to become the new property manager of Court & Case, a Class A office campus in the Midway neighborhood of St. Paul. Mitzi will provide vendor management, tenant communication, property maintenance, budget preparation, and financial reporting.    Welcome, Mitzi!   https://lnkd.in/e-eMMG5   #PropertyManagement #CRE #CommercialRealEstate #property #realestate #invest #investment #investor #finance #StPaul #Minneapolis #Minnesota

The food drive for Every Meal is just two weeks away! 🥫 Thank you to everyone who has volunteered their building as a donation site. If you'd like to volunteer your building, you have until July 5th! For more detailed drop-off information, visit the IREM Events page or click here: https://lnkd.in/gcu-f-uc

Suntide is proud to present the opportunity to acquire this picturesque, one-of-a-kind campus in Saint Anthony Park, a pedestrian-friendly neighborhood in St. Paul, Minnesota. The property consists of 3 mixed-use buildings and an interior garden/plaza area, served by a large parking lot in the rear. The first floors are home to 13 boutique retailers and a restaurant, while the upper levels consist of 9 apartments. The entire property has excellent curb appeal and architectural details. This property is back on the market, now with a reduced price! For more information or a personal property tour, please contact Jeff Hart, CCIM, Kevin Peck or Jim Kenney. https://lnkd.in/ghmUbzxr   #PropertyManagement #CRE #CommercialRealEstate #investmentproperty #invest #investment #realestate #StPaul #SaintPaul #Minnesota

Every Friday we introduce our members to the community. This week we're introducing you to Barbara Schuba of Suntide Commercial Realty, Inc. A few fun facts about Barb: 📢 Barb Schuba serves as CFO/COO, Principal, of Suntide Commercial Realty in St. Paul, Minnesota. With a background in accounting and property management, Barb manages the company’s financials, oversees operations, and is instrumental in the growth of the company. She has been recognized as a leader in the commercial real estate industry, is a Women in Business honoree by the Minneapolis/St. Paul Business Journal (MSPBJ) and a Twin Cities Power Women honoree by BizNow. Barb is the executive officer holding Suntide’s AMO certification and a licensed Real Estate Broker in Minnesota and Wisconsin. Barb has been in commercial real estate for over 20 years and is well known in the community.   📢 Barb and her team identify issues contributing to the distress of a property, such as deferred maintenance, operational inefficiencies, and inadequate leasing efforts. “We handle the day-to-day operations of the building, stabilize the property and create new leasing strategies,” notes Barb, “We also look for ways to improve occupancy, such as developing amenity-rich environments that will ultimately attract tenants and investors.”   📢 Suntide has become recognized in the Twin Cities for several of their receivership and redevelopment successes. A retail center in Anoka, which started out as 80% vacant, is now 100% leased and is being sold from the bank to a Twin Cities investor. 1000 University and the Case building are examples of historical buildings that were 100% vacant when Suntide acquired them, and have since been converted into multi-tenant office spaces with one building 100% leased and the other 88% leased. “To be a successful as a receiver,” explains Schuba, is “the desire to treat properties like your own them, which will deliver positive results for our clients.” #commercialreceivership #receivership #receiverships #insolvency #turnaround #turnarounds #turnaroundmanagement #restructuring #commercialrealestate #CRE

Suntide Commercial Realty’s Barbara Schuba and Mitch Robertson were recently profiled on Suntide’s role in providing Receivership Services for bank-recovered properties. When an investor defaults on a loan for a commercial property, the courts may assign a management company, such as Suntide, to look after its day-to-day management, maintenance and leasing. “We’re a full-service, commercial real estate firm so we have property management, maintenance, construction, interior design, leasing, and accounting all under one roof,” notes Schuba. “With our full-service approach, Suntide not only stabilizes the property, but we can ultimately improve its value.” Robertson says it’s about trying to figure out why the building is distressed. “Is it high operating expenses? Is it a poor tenant mix? Should it be repurposed for a different use?” he asks. “Ideally, we would be involved in creating a strategy to help the property come out of that distress.” Read the entire article here: https://lnkd.in/gA4UajYq #PropertyManagement #CRE #CommercialRealEstate #receivership #invest #investment #law #realestate #realestatelaw #finance #StPaul #Minneapolis #Minnesota