IRET Commercial Asset Management Promotes Fischer, Smith to Director

Minot, ND – March 19, 2012 – IRET Properties is pleased to announce the promotion of Cindy Fischer and Scott Smith to the position of Director of Commercial Asset Management.

In her role as Director, Ms. Fischer will oversee a diverse portfolio of 1,525,000 square feet of commercial real estate, including 30 medical properties in Minnesota and Nebraska. Ms. Fischer’s 15 years of experience in the industry have helped make her a valuable member of the IRET team over the course of the last five years.

Cindy Fischer, IRET's newest Director of Commercial Asset Management

Mr. Smith, who has also been promoted to Director of Commercial Asset Management, has been with IRET for four years and has over 26 years of experience in the real estate industry. His portfolio consists of more than 2,700,000 square feet of commercial

Arrowhead Shopping Center Grand Opening

The official poster of the Post Flood Grand Opening of Arrowhead Shopping Center.

It’s time for the Post Flood Grand Opening of Minot’s Arrowhead Shopping Center!

Dalrymple to Speak at Post-Flood Grand Opening of Arrowhead Shopping Center and Market Place Foods

Minot, ND – March 1, 2012 – IRET Properties, in conjunction with Market Place Foods and the numerous businesses of Arrowhead Shopping Center, is pleased to announce the post-flood Grand Opening Ceremony of the Arrowhead mall on Wednesday, March 28th.

Like the beloved neighborhood grocery store, Market Place Foods, many of the businesses that made their home at Arrowhead Shopping Center prior to the 2011 Souris River Flood are returning to spaces that are even better than before. State agencies such as the Department of Transportation, State Tax Department, and the Chamber-operated DMV have also returned to their offices at Arrowhead Shopping Center—much to the delight of residents busy rebuilding in the area.

A Press Conference and Chamber of Commerce Ribbon Cutting have been scheduled for Wednesday, March 28th, beginning at 11:00 a.m. in the Arrowhead Shopping Center to commemorate the return of the many businesses, state offices and neighborhood grocery store.

North Dakota Governor, Jack Dalrymple, will speak at the Press Conference as well as Keith Johanneson of Market Place Foods, IRET President & CEO, Tim Mihalick, and Minot Mayor, Curt Zimbelman.