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Commercial Property Managers - Top 25

Ranked by commercial property managed in Minnesota | List information taken from the 2013 Business Information Guide
Source: Company representatives and websites. If you were not contacted for this list but would like to be in the future, please contact research@tcbmag.com
Abbreviations: NP--Not provided, Ind.--Industrial
Note: The percent breakdown of commercial space managed might not total 100, as some companies manage types of commercial properties other than office, retail, and industrial. JBL Companies, which appeared on the list last year, did not provide ranking criteria to be considered for this year's list.
Firm
Address
Phone • Website
Founded/
Headquarters
MN commerical space managed1
Breakdown by percent managedEmployees in MN/
worldwide
Top local executive
Largest MN properties managed (city, square feet)
Property managers/2
Buildings managed/2
Owned properties (percent)
Office
Retail
Ind.
1

Cushman & Wakefield/NorthMarq3
3500 American Blvd. W, Ste 200
Bloomington, MN 55431
952-831-1000 • cushwakenm.com
1916
New York
31,878,274
51
14
35
465
14,000
Lisa
Dongoske
Normandale Lake Office Park (Bloomington, 1,677,288 sq. ft.), Blue Cross Blue Shield (Eagan, 1,200,000 sq. ft.) Metropoint (St. Louis Park, 942,823 sq. ft.), Techne (Minneapolis, 789,000 sq. ft.), Campbell Mithun Tower (Minneapolis, 727,170 sq. ft.)
44
235
0
2
CBRE4
4400 W 78th St., Ste. 200
Bloomington, MN 55435
952-924-4600 • cbre.com/minneapolis
1906
Los Angeles
18,500,000
47
22
31
800
34,000
Matt
Nicoll
Accenture Tower (Minneapolis, 639,000), The Colonnade (Golden Valley, 355,000), 601 Carlson Parkway (Minnetonka, 291,000)
18
140
0
3

Colliers International | Minneapolis-St. Paul
4350 Baker Road, Ste. 400
Minnetonka, MN 55343
952-897-7700 • welshco.com
1977
Minnetonka
16,421,192
13
11
62
135
12,300
Mark
Parten
Great Point Investors (785,536 SF) - suburban Minneapolis; Oracle Centre (622,173 SF) - Minneapolis; MSP Midway (1,870,263 SF) - Saint Paul; Southdale Office Centre (446,818 SF) - Edina
17
194
22
4
Cassidy Turley
200 S 6th St., Ste. 1400
Minneapolis, MN 55402
612-341-4444 • cassidyturley.com
1909
St. Louis
9,801,411
35
11
54
72
3,700
Andy
Sungaard
River Road Industrial Center (Fridley, 2,000,000), Arden Hills Technology Center (Arden Hills, 642,000), Grand Oak Business Park (Eagan, 540,000), Wings Financial Credit Union buildings (multiple cities, 400,000 total), Colonial Warehouse (Minneapolis, 161,179)
9
92
0
5
IRET Properties
10050 Crosstown Cir., Ste. 105
Eden Prairie, MN 55344
952-401-6600 • iret.com
1970
Minot, North Dakota
8,939,091
81
9
10
145
408
Charles A.
Greenberg
Southdale Medical Building (Edina, 295,035), Golden Hills Office Center (Golden Valley 190,758), U.S. Bank Financial Center (Bloomington, 153,311), Northpark Corporate Center (Arden Hills, 146,087)
11
115
99
6
CSM Corporation
500 Washington Ave. S, Ste. 3000
Minneapolis, MN 55415
612-395-7000 • csmcorp.net
1976
Minneapolis
8,734,639
8
22
70
1,037
1,945
Brad
Kittleson
University Industrial Park (Minneapolis, 444,966), Westgate Business Center (Minneapolis, 444,961), Lockheed Martin (Eagan, 623,000)
6
89
100
7
Ryan Companies
50 S 10th St., Ste. 300
Minneapolis, MN 55403
612-492-4000 • ryancompanies.com
1938
Minneapolis
6,200,000
69
7
24
421
764
Jeff
Steinke
Capella Tower (Minneapolis, 1,401,233), AT&T Tower (Minneapolis, 610,563), 50 South 10th Street (Minneapolis, 485,648), Midtown Exchange (Minneapolis, 419,179)
15
48
33
8
Transwestern
706 2nd Ave. S, Ste. 100
Minneapolis, MN 55402
612-343-4200 • transwestern.net
1996
Houston
5,800,000
29
1
60
40
1,750
Hans
Okerstrom
Baker Center (Minneapolis, 1,061,511), industrial properties in St. Paul and surrounding suburbs (multiple cities, 2,286,914 total), Roseville Corporate Center (Roseville 231,685) Sibley Court (St. Paul, 206,423), Southgate Office Building (Bloomington, 209,000)
5
63
0
9
Jones Lang LaSalle
45 S 7th St., Ste. 3051
Minneapolis, MN 55402
612-217-5150 • us.joneslanglasalle.com
1783
Chicago
5,200,000
63
0
37
208
45,500
Todd
Balsiger
UnitedHealth Group (Minnetonka, 583,845), Rosedale Shopping Center (Roseville, 1,147,889), Unisys (Eagan, 600,000), U.S. Post Office (Eagan, 355,000), General Electric (Eden Prairie, 350,000), Delta Air Lines (Eagan, 300,000), Calhoun Square (Minneapolis, 160,000), One Corporate Center IV (112,000), Union Depot (St. Paul, 451,857)
2
7
0
10
Mid-America Real Estate-Minnesota, LLC
5353 Wayzata Blvd., Ste. 650
Golden Valley, MN 55416
952-563-6600 • midamericagrp.com
1985
St. Louis Park, MN.
5,111,000
10
90
0
29
29
Matthew
Rieger
Eagan Promenade (Eagan 240,000), North Branch Marketplace (North Branch, 170,324), Eagan Town Centre (Eagan, 153,805), Windsor Plaza (Eden Prairie, 138,150), Dunkirk Lane (Maple Grove, 135,000), Westview Shopping Center (Hastings, 130,828), Northstar Marketplace (Ramsey, 97,000), Shorewood Village Center (Shorewood, 97,000)
5
63
0
11
Hines
90 S 7th St.
Minneapolis, MN 55402
612-344-1200 • hines.com
1957
Houston
4,800,000
NP
NP
NP
60
3,200
Bill
Chopp
U.S. Bank Plaza (Minneapolis, 1,319,889), Wells Fargo Center (Minneapolis, 1,196,036), Fifty South Sixth (Minneapolis, 689,482)
10
15
80
12
Liberty Property Trust
10400 Viking Dr., Ste. 130
Eden Prairie, MN 55344
952-947-1100 • libertyproperty.com
1972
Malvern, Pennsylvania
4,638,000
40
0
60
26
486
Gina
Bystedt
Supervalu East View Innovation Center (Eden Prairie, 345,000), Express Scripts (Bloomington, 325,000)
4
56
100
13
Duke Realty Corporation
1600 Utica Ave. S, Ste. 250
Minneapolis, MN 55416
952-543-2900 • dukerealty.com
1972
Indianapolis
4,600,000
12
8
80
23
870
Dianne
Jensen
West End (St. Louis Park, 381,922); Crosstown North Business Center (Brooklyn Park, 324,080); Apollo Industrial Center III (Eagan, 240,439)
2
26
100
14
First Industrial Realty Trust, Inc.
10140 W 76th St.
Eden Prairie, MN 55344
952-943-2700 • firstindustrial.com
1994
Chicago
4,500,000
0
0
100
10
250
Chris
Willson
Best Buy (Bloomington, 424,866)
2
35
100
14
McGough Facility Management, LLC
2711 Fairview Ave. N
Roseville, MN 55113
651-633-5050 • mcgough.com
1998
Roseville
4,500,000
80
10
10
50
50
Thomas
McGough Jr.
Securian Financial (St. Paul, 1,100,000), Bloomington Corporate Center (Bloomington, 750,000), Butler Square (Minneapolis, 368,000), Dalsin Industries building (Bloomington, 180,000)
14
30
15
16
Kraus-Anderson Realty Company
4210 W Old Shakopee Road
Bloomington, MN 55437
952-881-8166 • kraus-anderson.com
1965
Bloomington
4,200,000
26
64
NP
51
51
Jerry
Sand
Southtown Shopping Center (Bloomington, 535,135), Prairie Lakes Corporate Center (Eden Prairie, 201,508), Valley West (Bloomington, 204,818), Blaine Town Center (Blaine, 142,072), Northcourt Commons (Blaine, 129,691), Prime Tech Office Center (Eden Prairie, 97,882)
8
88
100
17
Wellington Management, Inc.
1625 Energy Park Dr., Ste. 100
St. Paul, MN 55108
651-292-9844 • wellingtonmgt.com
1985
St. Paul
3,857,985
41
18
41
25
25
Stephen
Wellington
Energy Technology Center (St. Paul, 236,532), Minnesota Office Plaza (St. Paul, 202,000)
8
90
NP
18
Carlson Real Estate Company
301 Carlson Pkwy., Ste. 100
Minnetonka, MN 55305
952-404-5000 • carlsonrealestate.biz
1985
Minnetonka
3,477,644
46
0
54
37
45
Matt
Van Slooten
Plymouth Corporate Center (Plymouth, 640,000), Carlson Business Center (Plymouth, 560,000)
5
17
100
19
Brookfield Office Properties
33 S 6th St., Ste. 4640
Minneapolis, MN 55402
612-372-1500 • brookfieldofficeproperties.com
1920s
New York
3,100,000
68
32
0
NP
NP
David
Sternberg
City Center (Minneapolis, 1,500,000)
2
4
100
20
Industrial Equities, LLP
321 1st Ave. N
Minneapolis, MN 55401
612-332-0139 • industrialequities.com
1990
Minneapolis
2,814,348
NP
NP
NP
NP
NP
John
Allen
Lakeview Business Campus (New Brighton, 345,942), New Brighton Business Center (New Brighton, 194,510), Fridley Interstate Rail Distribution Center (Fridley, 202,880), Flagship Business Center (Eagan, 267,467)
NP
NP
NP
21

Frauenshuh Commercial Real Estate Group
7101 W 78th St.
Bloomington, MN 55439
952-829-3480 • frauenshuhcommercial.com
1983
Bloomington
2,150,000
87
5
8
49
49
Dean
Freeman
Lawson Commons (St. Paul, 436,478), Metro Office Park (Bloomington, 375,000), Southdale Square Shopping Center (116,000)
7
16
75
22
Inland American Office Management, LLC
80 S 8th St., Ste. 650
Minneapolis, MN 55402
612-376-8000 • inlandgroup.com
1968
Oak Brook, Illinois
2,140,197
18
72
10
10
1,600
James
Durda
IDS Center (Minneapolis, 1,402,000)
2
6
100
23
Northco Real Estate Services
5353 Wayzata Blvd., Ste. 400
Minneapolis, MN 55416
952-820-1600 • northco.com
1975
Minneapolis
2,000,000
60
10
30
35
9,000
Frank
Jermusek
5353 Wayzata Boulevard (St. Louis Park, 120,000), Wedgwood Commerce Center (Maple Grove, 195,000)
3
10
50
23
Oneida Realty Company
306 W Superior St., Ste. 1605
Duluth, MN 55804
218-722-0816 • oneidarealty.com
1908
Duluth
2,000,000
95
5
0
120
120
Steven
LaFlamme
Alworth Building (Duluth, 86,000), Lonsdale Building (Duluth, 48,000), Medical Arts Building (Duluth, 136,000), DeWitt-Seitz Building (Duluth, 75,000) Sellwood Building (Duluth, 48,000) Waterfront Plaza (Duluth 300,000)
34
34
6
25
Continental Property Group
1907 Wayzata Blvd., Ste. 250
Wayzata, MN 55391
952-473-1700 • leasespace.com
1979
Wayzata
1,800,000
NP
NP
NP
NP
NP
Traci
Tomas
Nesbitt Industrial-2, 160,177; Continental Decatur, 327,980; Continental Commerce Center, 337,273
NP
NP
NP

1 Square feet of gross leasable space as of April 16, 2012
2 In Minnesota
3 New York-based Cushman & Wakefield and Minneapolis-based NorthMarq merged in September 2011 to form Cushman & Wakefield/NorthMarq
4 Formerly CB Richard Ellis