Case Studies

Best Buy HQ

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

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 Foods

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. 

5 Guys

Five Guys Burgers & Fries

DETAILS

DESCRIPTION: 27 Store rollout currently in process

ROLE: Tenant Representation

KCF

KFC

Minnesota market rollout

DETAILS

DESCRIPTION: Multiple store assignment

ROLE: Tenant Representation

Highland Village Center

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

Highland Shopping Center

DETAILS

DESCRIPTION: Reposition both anchor tenants.

Highland Shopping Center

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.   

Highland Shopping Center

Victoria Crossing, Saint Paul

DETAILS

Represented the lender in the sale and disposition of the distressed asset. 

Mystic Lake

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

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

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

US Bank Trust

DETAILS

DESCRIPTION: Disposed of trust assets over more than a decade