Jay Sachetti joined Jeff O’Brien, partner at Husch Blackwell and Dyanne Ross-Hanson, president of Exit Planning Strategies talked about the market for mergers and acquisitions, exit planning opportunities for companies that don’t end up for sale and how companies can maximize their eventual sale price during an early October panel at the first Upsize on Tap event at Summit Brewing Co. in St. Paul.
When the state Legislature passed a law requiring employers to provide paid leave and safe time for employees, Justin Bieganek started hearing differing details from friends, colleagues and peers.
INFORMER :: REAL ESTATE
PartnerUp launches
site to showcase
hard-to-find spaces
by Beth Ewen
?The premise is that it?s always been hard for small businesses to find the space they need,? says Steve Nielsen, CEO and president of PartnerUp Inc., a Web site to link entrepreneurs with people and partners.
At the same time, large landlords, brokers and corporations often have oddly shaped or leftover spaces that they don?t advertise because the commission is so low it?s not worth the cost.
With that in mind, PartnerUp has launched it Commercial Real Estate Marketplace, where people can advertise industrial, office or warehouse space for free, provided they provide all the pertinent term details, such as length of sublease remaining.
Postings were already plentiful after its first week up in February. ?It already runs the gamut, like there?s some industrial space in Minnetonka, 1,500-square-foot spaces. There?s a lot of spaces we don?t know about that are available.?
PartnerUp makes money off advertisers on its site, so the more traffic the more it can charge. ?It generates more traffic,? Nielsen says about the real estate listings.
PartnerUp vetted the idea at one of its monthly get-togethers, at which it hosts 50 to 100 entrepreneurs for pizza and feedback. ?We brought it up to that group and it was a smash hit,? Nielsen says.
Steve Nielsen, PartnerUp: 952.229.8300; in**@*******up.com; www.partnerup.com
