NEW ULM - New Ulm Retail Development, LLC (NURD), which owns the northern two-thirds of the Marktplatz Mall, has reached an agreement with Jeff Dittrich, Century 21/Koeckeritz Realty, to serve as exclusive leasing agent for the property.
Doug Cogan, managing partner of NURD, said NURD had sent out an email blast to 20,000 real estate professionals throughout Minnesota to find the right company and interviewed numerous potential applicants.
"We searched everywhere to find the right broker," said Cogan. "Several of the big names in commercial real estate were interested, but we were pleased to find the right guy right here in New Ulm. We are impressed with Jeff's resume, people skills, thoroughness, and professionalism and are fortunate to be working with him and his company."
NURD recently negotiated a renewed lease with Herberger's and added an additional tenant in some office space. According to Cogan, Dittrich has already reached out to some of his clients, who have expressed an interest in leasing commercial space.
Until the mall is fully leased, NURD has offered the use of any vacant space for worthwhile community events. In the planning stages are two possible wine tasting fundraisers as well as some community theatre events with NUACT. Any group with a project that benefits the community is encouraged to contact Dittrich to see if space for their event is available.