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