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Commercial Property Managers - Top 25

Ranked by commercial space managed | List information taken from the 2009-2010 Business Information Guide
Source: Company representatives and Web sites. If you were not contact for this list but would like to be in the future, please contact research@tcbmag.com.
*See note at bottom of list.
Rank Company Minnesota commercial space managed Top local executive Employees in
MN / worldwide
Largest Minnesota properties managed (square feet)

1

NorthMarq

NorthMarq

3500 American Boulevard West
Minneapolis, MN 55431
952-831-1000 | northmarq.com

20,029,382

Jeff Eaton

472 / 736

Normandale Lake Office Park (1,428,043), Centennial Lakes Office Park (842,619), Campbell Mithun Tower (724,734)

2

Welsh Companies

Welsh Companies

4350 Baker Road, Suite 400
Minnetonka, MN 55343
952-897-7700 | welshco.com

14,550,000

Mark Parten

289 / 325

Oracle Centre & International Centre (622,175), Southdale Office Centre (446,800)

3

CB Richard Ellis

4400 West 78th Street, Suite 200
Bloomington, MN 55435
952-924-4600 | cbre.com/minneapolis

13,000,000

Matt Nicoll

580 / 30,000

Accenture Tower (630,000)

4

CSM Corporation

500 Washington Avenue South, Suite 3000
Minneapolis, MN 55415
612-395-7000 | csmcorp.net

9,276,067

Brad Kittleson

94 / 94

University Industrial Park (444,966), Westgate Business Center (444,536), The Waters Business Park (398,965)

5

Colliers Turley Martin Tucker

200 South Sixth Street, Suite 1400
Minneapolis, MN 55402
612-341-4444 | ctmt.com

7,500,000

Dean Freeman

99 / 12,750

River Road Industrial Center (2,000,000), Evergreen Industrial portfolio (744,000), Grand Oak Business Park (550,000), Landmark Towers (212,000) Colonial Warehouse (161,000), North Branch Outlets (135,000), One Corporate Center IV (112,000)

6

Hines

90 South Seventh Street
Minneapolis, MN 55402
612-344-1200 | hines.com

6,600,000

Bill Chopp

94 / 3,100

225 South Sixth (1,396,649), Fifty South Sixth (689,482), International Plaza (280,244), Washington Square (974,781), Wells Fargo Center (1,196,036), U.S. Bank Plaza (1,319,889), Minneapolis flex/tech portfolio (766,240)

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7

First Industrial Realty Trust, Inc.

7625 Golden Triangle Drive, Suite T
Eden Prairie, MN 55344
952-943-2700 | firstindustrial.com

5,530,946

Chris Willson

13 / 284

Not provided

8

Ryan Companies US, Inc.

50 South 10th Street, Suite 300
Minneapolis, MN 55402
612-492-4000 | ryancompanies.com

5,059,460

Michael McElroy

338 / 687

AT&T Tower (606,578), Midtown Exchange (419,179), 50 South 10th Street (485,648)

9

Cushman & Wakefield

11095 Viking Drive, Suite 240
Eden Prairie, MN 55344
952-465-3300 | cushwake.com

5,000,000

Julie Samuelson

150 / 15,000

Metropoint (1,000,000), Wells Fargo Home Mortgage (1,000,000), First National Bank Building (1,000,000), American Express Data Center (500,000)

10

McGough Facility Management

2737 Fairview Avenue North
St. Paul, MN 55113
651-633-5050 | mcgough.com

4,600,000

Greg Munson

350 / 360

Securian Financial Services building (1,100,000), Bloomington Corporate Center (750,000)

11

Duke Realty Corporation

1600 Utica Avenue South, Suite 250
St. Louis Park, MN 55416
952-543-2900 | dukerealty.com

4,594,835

Carl Awalt

33 / 1,000

Norman Pointe Office Park (534,722), The Towers at West End (491,785), Crosstown North Business Center (1,186,277)

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12

Grubb & Ellis|Northco Real Estate Services

5353 Wayzata Boulevard, Suite 650
Minneapolis, MN 55416
952-820-1600 | northco.com

4,000,000

Frank Jermusek

37 / Not provided

Northstar Center (1,000,000) Southdale Medical Center (300,000) Wedgwood Commerce Center (195,000)

13

Liberty Property Trust

10400 Viking Drive, Suite 130
Eden Prairie, MN 55344
952-947-1100 | libertyproperty.com

4,000,000

Gina Bystedt

23 / 550

6625 West 78th Street (325,000), Flying Cloud business campus (300,000), West Bloomington campus (300,000)

14

Transwestern

730 Second Avenue South, Suite 400
Minneapolis, MN 55402
612-343-4200 | transwestern.net

3,900,000

Hans Okerstrom

35 / 1,500

Baker Center (1,061,511), Saint Paul Industrial Properties building (1,794,964), Balboa Business Center (252,091), Sibley Square (190,797), Central Medical building (104,513)

15

Kraus-Anderson Realty Company

4210 West Old Shakopee Road
Bloomington, MN 55437
952-881-8166 | kraus-anderson.com

3,853,310

Jerry Sand

53 / 59

Southtown Center (535,129), Valley West (204,818), Prairie Lakes Corporate Center (202,023), Primetech Office Center (97,882), Gateway Business Park (172,984), Rosemount Village (89,981), Riverfront Center (77,533)

16

Wellington Management, Inc.

1625 Energy Park Drive, Suite 100
St. Paul, MN 55108
651-292-9844 | wellingtonmgt.com

3,832,979

Connie Kasella

28 / 28

Energy Technology Center (236,542), Minnesota Office Plaza (202,000), Snelling Office Plaza (181,267)

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17

Carlson Real Estate Company

301 Carlson Parkway, Suite 100
Minnetonka, MN 55305
952-404-5000 | carlsonrealestate.biz

3,626,042

Matt Van Slooten

Not provided / Not provided

Plymouth Corporate Center, Plaza VII, 1105 Xenium Lane

18

Brookfield Properties, LLC

33 South Sixth Street, Suite 4640
Minneapolis, MN 55402
612-372-1500 | brookfieldproperties.com

3,000,000

David Sternberg

110 / Not provided

33 South Sixth (1,470,000), City Center (1,500,000), RBC Plaza, (1,500,000)

19

Continental Property Group, Inc.

10400 Yellow Circle Drive
Minnetonka, MN 55343
952-473-1700 | leasespace.com

2,970,000

Traci Tomas

9 / 23

Donaldson Company headquarters (385,000), Rainbow Play Systems building (486,000), Jacobs Trading Company headquarters (350,000)

20

JLT Group, Inc.

10 River Park Plaza, Suite 800
St. Paul, MN 55107
651-641-1111 | jltgroupinc.com

2,500,000

Jerry Trooien

85 / 85

10 River Park Plaza (330,000), 2750 Shepard Road (325,500), 2700 Snelling (234,685)

21

Inland American Office Management, LLC

80 South Eighth Street, Suite 650
Minneapolis, MN 55402
612-376-8000 | inlandgroup.com

2,400,000

James Durda

15 / 1,200

IDS Center (1,402,000)

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22

Hoyt Properties, Inc.

275 Market Street, Suite 439
Minneapolis, MN 55405
612-338-7787 | hoytproperties.com

2,100,000

Teresa Wright

15 / 15

Edina Interchange V (139,101), Larc Industrial Park I (67,200), Encore Park A (65,303)

23

Steiner Development, Inc.

3610 County Road 101 South
Wayzata, MN 55391
952-473-5650 | steinerdevelopment.com

2,000,000

David Kordonowy

23 / 28

Fridley Business Center (162,000), Osborne Community Center (101,600)

24

Park Midwest Commercial Real Estate

8085 Wayzata Boulevard, Suite 100
Minneapolis, MN 55426
763-847-6600 | parkmidwest.com

1,900,000

Matthew Rieger

14 / 14

North Branch Marketplace (170,324), Windsor Plaza (138,150), Westview Shopping Center (130,828), Northstar Marketplace (97,000)

25

Suntide Commercial Realty, Inc.

2550 University Avenue West, Suite 416-S
St. Paul, MN 55114
651-603-0321 | suntide.com

1,750,000

Stephen Dombrovski

18 / 18

Court International Building (320,000)

Note: One firm that appeared on last year's list—Frauenshuh, Inc.—would not provide ranking criteria to be considered for this year's list.
• Minnesota commercial space managed includes the square feet of gross leasable space as of May 26, 2009.
• The property managers and buildings managed figures only include those in Minnesota.
• Figures for Northmarq do not include Opus Property Services, LLC, Opus Corporation's property management business. It was sold to NorthMarq on October 1, 2009. Consequently, Opus Corporation no longer qualifies for this list.

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