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 assembly 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 site 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 Shopping Center
DETAILS
DESCRIPTION: Repositioned entire center, including both
anchor tenants (now Panera Bread and Herself Health).
Mystic Lake Casino
Site disposition for development
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 center that had 60,000 SF vacancy.
Role: Reposition center with new anchor Tenants.
Highland Shopping Center
DETAILS
DESCRIPTION: Reposition both anchor tenants.
US Bank Trust
DETAILS
DESCRIPTION: Disposed of trust assets over more than a decade.