M&P Ep. 248 Tanner Olson, Legend Partners Commercial Real Estate

Update: 2024-08-20

Description

In this episode, we sit down with Tanner Olson, the managing partner and owner of Legend Partners Commercial Real Estate and the founder of the Red West Country Music Festival. Join us as we dive into the world of commercial real estate and the exciting journey of organizing a major music festival.

00:00 - Introduction to Tanner Olson and Legend Partners

00:30 - Planning Events and Weddings

00:59 - Challenges in Commercial Real Estate

01:36 - Impact of Interest Rates and Pandemic on Real Estate

02:13 - Office Real Estate Market Trends

02:34 - Focus on Land and Retail in Commercial Real Estate

03:20 - Flex Space and Its Growing Demand

04:14 - Refurbishing vs. New Builds in Real Estate

05:43 - Cottonwood Mall Redevelopment Project

06:55 - Attracting High-Quality Tenants and Restaurants

08:04 - Community Involvement and NIMBYism in Development

09:02 - Balancing Project Viability and Community Needs

10:28 - Utah's Strong Economy and Its Impact on Real Estate

10:56 - Transition to Music Festivals

11:24 - Starting in the Music Festival Industry

12:06 - Challenges in the Live Music Industry

14:14 - Shift in Music Genre Preferences

15:00 - Economic Considerations of Music Festivals

17:36 - Details of the Red West Music Festival

19:08 - Booking Artists for Music Festivals

21:38 - Strategies for Booking Artists

24:05 Planning and Logistics of Music Festivals

26:19 Community Involvement and Vendor Participation

27:29 Balancing Multiple Responsibilities

27:58 Personal Motivation for Organizing Music Festivals

28:18 Conclusion and Thanks

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