Invited Luncheon Speaker - December 5, 2006 - Brad Ullery

Target Corporation's Approach to Due Diligence Protocol

Abstract
Target is one of the largest retail real estate developers in the United States. We are involved in both self-developed sites and sites where we have partnered with outside developers. Target has a growth strategy that includes the build-out of over 110 stores a year in our long-term “road to 3000” goal. As we leave our traditional growth model behind, we are forging paths in new areas and entering new markets, especially inner city locations. Target looks for ways to develop stores and adapt our traditional store design to better fit our urban and downtown communities. With this emphasis on urban sites, our due diligence protocol is even more important. Target currently uses ASTM-05, and adds wetlands, critical habitat/endangered species, archeological/historic preservation review, as well as any other Phase II investigations we deem necessary.

Biography

Brad Ullery moved to Minnesota and has worked for Target Corporation as an Environmental Representative for the last three years. Prior to Target, Brad worked as an Environmental Geologist with various consulting firms based in Indiana for 15 years. Brad is registered as a Professional Geologist in Indiana and a Certified Hazardous Materials Manager. He holds a Bachelor of Science degree in Geology from Ball State University, Muncie, Indiana. has worked as a professional geologist, a librarian, and an administrator in higher education for over 20 years. She holds a Masters degree in Library and Information Science from Simmons College, Boston and a BA in geology from Carleton College. Presently, she is the Education Director for the National Center for Earth-surface Dynamics.