Case Studies
Best Buy HQ
7601 PENN AVENUE SOUTH, MINNEAPOLIS
DETAILS
SIZE: 6.8 acres (298,208 SF)
PRICE: $10,000,000 (33.67)
DESCRIPTION: Procure World Headquarters.
Site of multiple properties assembled.
SELLER: Wally McCarthy, Largest Property
BUYER: Best Buy
ROLE: Assemble for User
IKEA
IN FRONT OF MALL OF AMERICA
DETAILS
SIZE: 15 Acres (653,400 SF)
PRICE: $13,000,000
DESCRIPTION: Retail Land Purchase
SELLER: Simon
BUYER: Ikea
ROLE: Exclusively Represented IKEA
Rainbow St. Louis Park
DETAILS
SIZE: 55,000 Anchor
DESCRIPTION: Anchor to West End Lifestyle Center
ROLE: Worked on Retail Team directly with chairman Bob at Roundy’s in Milwaukee
Five Guys Burgers & Fries
DETAILS
DESCRIPTION: 27 Store rollout currently in process.
ROLE: Tenant Representation
KFC
Market Roleout Minnesota
DETAILS
DESCRIPTION: Multiple Store Assignment
ROLE: Tenant Representation
Mystic Lake Casino
(US Bank)
DETAILS
SIZE: 79.62 Acres (3,468,247 SF)
PRICE: $1,850,000 ($0.53)
DESCRIPTION: Retail Land
SELLER: US Bank Trust
BUYER: Mdewankanton Sioux Community
ROLE: Exclusively Represented Seller
Costco Land
Honeywell
DETAILS
SIZE: 11.12 Acres (484,387 SF)
PRICE: $4,000,000 ($8.26 SF)
DESCRIPTION: Retail Land Purchase
SELLER: Honeywell
BUYER: Costco
TENANT: Exclusively Represented Seller
Iret Maplewood Square
Rochester, MN
DETAILS
DESCRIPTION: 120,000 SF center that had 60,000 SF vacancy. Reposition Center with new anchor Tenants.
Highland Shopping Center
DETAILS
DESCRIPTION: Reposition both anchor tenants.
US Bank Trust
DETAILS
DESCRIPTION: Dispose of trust assets, 12 years ongoing.
