Meet Our Team!

At SDC Retail Properties, our team offers unmatched industry experience, advanced regional market knowledge and a personal touch. We have developed, leased and managed shopping centers throughout Minnesota and Wisconsin for the better part of four decades. Bruce Peterson, Bruce Lundgren and Dewey Johnson had been business partners for nearly 40 years until Dewey Johnson's death in 2017. Together they transformed SDC Retail from a small consulting firm to a successful Limited Liability Company with shopping centers in Minnesota and Wisconsin.



Bruce Lundgren | Owner LinkedIn

SDC Retail Properties' first hire in June 1977, Bruce is a co-owner of the company and oversees its leasing services with Dewey Johnson. A veteran real estate developer, Bruce is responsible for placing hundreds of tenants into shopping centers throughout the upper Midwest. Bruce is a graduate of Crown College, where he earned his B.A. He also attended Bemidji State University and the University of Minnesota.

Professional Affiliations:

  • Licensed Minnesota Real Estate Broker
  • Minnesota Shopping Center Association
  • International Council of Shopping Centers

For more information about our retail spaces available for lease, contact Bruce at brucelundgren@sdcretail.com

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Dewey Johnson | Co-Owner until his death in 2017

Bruce Peterson | Company Founder LinkedIn

A pioneer in the shopping center industry, Bruce founded Security Development Company, Inc., now SDC Retail Properties, on January 1, 1977. Bruce currently oversees SDC Retail Properties' financing and government relations. Bruce is a graduate of Minneapolis’ Academy of Accountancy, where he earned his accounting degree. He also attended the University of Minnesota and Gustavus Adolphus College.

Professional Affiliations:

  • Licensed Minnesota Real Estate Broker
  • Minnesota Shopping Center Association
  • International Council of Shopping Centers

Contact Bruce for any financing questions at brucepeterson@sdcretail.com


Judy Benson | Property Manager LinkedIn

Judy is responsible for the daily operations and tenant relations of about 300,000 square feet of leased retail space, spanning 13 shopping centers and about 120 tenants. Her responsibilities include:

  • Coordination of all aspects of building operations
  • Supervision of maintenance personnel
  • Management of each property’s financial aspects, focused on tenant retention

If you have any tenant management needs, contact Judy at judybenson@sdcretail.com


The primary geographic focus of SDC Retail Properties is Minnesota and Wisconsin but will pursue development opportunities in other areas in the United States.