Development Foundation partners with brokers to market industrial sites

July 9, 2019

The Sioux Falls Development Foundation has started working with two Sioux Falls commercial real estate firms to market its development parks to companies.

The foundation selected Bender Commercial Real Estate Services and NAI Sioux Falls following a request for information.

Starting this month, all new site listings will be co-listed with Bender and NAI, and the signage on the properties will reflect that.

The companies will use their nationwide contacts to maximize exposure for the Sioux Falls sites, widening the pool of potential buyers and increasing the awareness of potential industrial locations in the foundation’s development parks, according to Bob Mundt, the Sioux Falls Development Foundation’s president and CEO.

“We will be sharing our key target industries with our broker partners,” Mundt said in a statement. “With their national network and contacts, they will be able to leverage our marketing efforts, increase the number of potential new companies and significantly impact development park land sales.”

Bender and NAI also might participate in national trade shows and economic development conferences with the Development Foundation, Mundt said.

“Our outbound marketing strategy has included on-site visits in specific areas like Chicago, Atlanta and Dallas, where companies are growing and looking at expanded national locations,” he said. “Our broker partners may participate in some of those company meetings, bringing an objective perspective and market knowledge that could influence some of our target industry contacts. We’re utilizing all our resources to grow Sioux Falls.”

Development Foundation partners with brokers to market industrial sites

The Sioux Falls Development Foundation has started working with two Sioux Falls commercial real estate firms to market its development parks to companies.

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