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: Multiple sites assembled for world headquarters
SELLER: Wally McCarthy (primary property)
BUYER: Best Buy
ROLE: Assembly of multiple sites for end 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 in purchase
Rainbow St. Louis Park
DETAILS
SIZE: 55,000 Anchor
DESCRIPTION: Anchor to West End Lifestyle Center
ROLE: Worked directly with Chairman of Roundy's, parent company of Rainbow, to secore site as anchor tenant.
Five Guys Burgers & Fries
DETAILS
DESCRIPTION: 27 Store rollout currently in process
ROLE: Tenant Representation
KFC
Minnesota market rollout
DETAILS
DESCRIPTION: Multiple store assignment
ROLE: Tenant Representation
Highland Village Center
2142 Ford Parkway Saint Paul
DETAILS
Repositioning entire center. Secured Crunch Fitness, Foss Swim School, Chase Bank and additional tenants. Updated façade and parapets, resurfaced and restriped parking, expanded pylon sign.
Highland Shopping Center
DETAILS
DESCRIPTION: Reposition both anchor tenants.
Ridgedale Mall Outlot Redevelopment, Minnetonka
DETAILS
Constructed new location for Wells Fargo, demolished
previous structure, developed Two High End Retail
Buildings totaling 16,105 SF, tenanted those buildings.
Victoria Crossing, Saint Paul
DETAILS
Represented the lender in the sale and disposition of the distressed asset.
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 - West End (first Costco in Minnesota)
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 with previous 60,000 SF of vacancy.
Role: Repositioned center with new anchor tenants.
US Bank Trust
DETAILS
DESCRIPTION: Disposed of trust assets over more than a decade