has access to more than 325 offices in 55 countries and 5,000 professionals worldwide.
SPRING | 2009
OPENING
DOORS
I N C OMMERCIAL R EAL E STATE
5 Cost-Saving Strategies
to Protect Your
Real Estate Assets
Page 1
About Welsh
OPENING Welsh is a leading full-service commercial real estate company headquartered in the
DOORS Twin Cities with regional offices in Minnetonka, Minneapolis, and Shoreview, Min-
nesota; Chicago, Illinois; St. Louis, Missouri; Detroit, Michigan; and Cincinnati, Ohio.
SPRING | 2009 Founded in 1977, today the Welsh organization consists of more than 300 profession-
als whose expertise extends into every aspect of commercial real estate including;
1 5 COST-SAVING STRATEGIES brokerage, corporate services, property management, facility management, con-
TO PROTECT YOUR REAL ESTATE ASSETS
struction, healthcare, architecture, development, senior housing, mortgage banking, and
3 INDUSTRIAL PROPERTY LISTINGS investment services. The brokerage division, NAI Welsh, is an affiliate of NAI Global,
a multi-national network of skilled commercial real estate professionals strategically
13 HOPE FOR THE CITY located in more than 325 markets worldwide.
Turning Surplus Into Service
35 PROPERTY INDEX
Tracey Lange, CCIM Mark Parten Mike Schraad Bill Wardwell, SIOR
Senior Vice President Senior Vice President Vice President Executive Vice
WelshInvest Property Management Welsh Construction President
This magazine is printed using 10% post consumer recycled paper 952.897.7727 952.897.7814 952.897.7862 NAI Welsh
by Anderberg-Lund Printing, a Minnesota Great Printer. Brokerage Services
952.897.7828
5
WELSH SPECIAL ASSET SERVICES
Cost-Saving Strategies to
Protect Your Real Estate Assets
T
he state of today’s economy has the physical structure and grounds of the oversee leasing, marketing, reporting,
virtually everyone asking, What can facility, but also the state of the tenant tenant and property legal matters, and
I do to reduce my expenses and in- relationships. Be sure to maintain each billing and collection issues for each asset.
crease value, and industry buzz building in the best possible condition, so it We also complete insurance reviews as
phrases “maximize returns,” “cost effec- is always ready to be viewed by a potential well as real estate tax reviews and appeals.
tive,” and “profitable strategies” have be- tenant or buyer, and build strong relation- Furthermore, our asset managers develop
come commonplace. ships with current tenants by delivering annual business plans and budgets,
prompt and conscientious service to ensure approve capital expenditures, and give
Having been in the business of creating complete satisfaction. hold/sell/refinance recommendations.”
value in commercial real estate for over 30
years, and currently managing a portfolio of “Our first priority for a property in receiver- 2) ENHANCE OPERATIONS AND
27.5 million square feet in the United ship is to preserve the value of the asset,” MARKET STRATEGICALLY
States, Welsh Companies formally struc- said Mark Parten, Senior Vice President, In order to successfully reposition a
tured a multi-disciplinary team of profes- Property Management. “We then analyze distressed asset in the marketplace, opera-
sionals to provide clients innovative financials and prep for disposition. It is our tions must be streamlined. Concentrate on
solutions in regard to distressed real estate goal to get the property through the retaining tenants, filling vacancies, and
in 2008. Our fully-integrated platform receivership process in only 6 months. We controlling building expenses (see strate-
including asset management, property understand that clients must act quickly and gies listed at end of this article).
management, brokerage, and investment decisively to preserve value, achieve stabil-
sales, recommends the following strategies ity and seize market opportunities.” When operations have been restored, and
to ensure that your distressed real estate the facility is ready to be marketed, your
assets don’t become liabilities. “We take projects from acquisition due dili- best bet is to work with an experienced
gence to full implementation of the specific Brokerage team. NAI Welsh was ranked as
1) PRESERVE PROPERTY VALUE acquisition plan for assets to increase value the number one brokerage firm in Twin
Many distressed properties were once con- during the hold period,” said Tracey Lange, Cities in 2008 by the Minneapolis/St. Paul
sidered prime commercial spaces, and are Senior Vice President, WelshInvest. “Our Business Journal.
often in need of some repair to be restored assets benefit from the hands-on approach
to their original state. This not only includes of personnel who personally direct and ...Continued on page 2
WELSH | 1
Our brokers specialize by regional sub- tions every step of the way. We will work per year, depending on the size of your
market as well as by property type, so with clients to creatively solve problems portfolio.
they thoroughly understand the ins and and execute the most cost effective and
outs of their target market. Whether it is profitable strategies to meet their busi- 5) BUILD INNOVATIVE PARTNER-
office, industrial or retail brokerage, land ness needs.” SHIPS
sales, healthcare, multi-family or mixed
Look for partners that will add value to
use, our wealth of experience, compre- Now that you know how to protect your
your bottom line. Last year Welsh part-
hensive database, technological expertise distressed properties, what can you do to
and strong market research enable us to retain the value of your properties that nered with one of the country’s top elec-
quickly identify and target the right buyer continue to perform well? tronic recycling specialists, to offer an
or user, and in turn, generate the best integrated electronics recycling service to
value for our clients. 3) CONTROL BUILDING EXPENSES all tenants, giving them a convenient way
Work with your vendors to ensure that to dispose of their electronic waste. Not
Through our partnership with NAI Global, you are receiving the best service and only is it a value-add for tenants, but it also
the world’s only managed network of keeps our environment safe.
pricing. Welsh recently instituted a vendor
commercial real estate firms, our expert-
management program to analyze all serv-
ise extends around the world with global Welsh’s team of industry experts works
access to over 5,000 professionals in ices and leverage cost-savings, beginning
with landscaping. By dividing our metro- closely with clients, taking a proactive and
more than 325 offices and 55 countries.
comprehensive approach to addressing
real estate issues affected by the current
We were able to identify the most competitive [land- state of the economy. The company’s ex-
scaping] vendor, and have utilized an annual cost- perience with all product types, through-
savings of 40%, which averages to about $.20 per out all markets, combined with depth of
service, provides clients with a one-of-a-
square foot, and is passed on directly to our clients. kind fully-integrated platform of Special
Asset services.
area properties into sub-markets, and
sending out an RFP to our top ten pre- Recently, Welsh was awarded a manage-
qualified vendors in each sub-market, we ment and leasing contract for a 500,000-
were able to identify the most competitive square-foot, three property portfolio
vendor, and have utilized an annual cost- currently in receivership. The portfolio
savings of 40%, which averages to about includes a 100,000-square-foot, 53-unit
$.20 per square foot, and is passed on di- resort; a 261,250-square-foot regional
rectly to our clients. mall; and a 101,500-square-foot, 38-unit
condo development including retail and of-
Not only does this program save money, fice space.
but it also allows for stronger vendor rela-
tionships since each vendor holds the con- To learn more about our Special Asset
tract for an entire sub-market. Others Services, visit us online at
areas that are assessed through this pro- welshco.com/SAS or contact:
Our affiliation with NAI Global allows for
additional solutions for clients nationwide gram include: trash and snow removal, in-
through their Commercial Property Power surance, valuation/tax appeal, janitorial, Jean Kane at 952.897.7711 or
SaleTM, an Accelerated Marketing Pro- phone line contracts, and parking lot and jkane@welshco.com
gram (AMP). The program offers property roof repair work.
owners the option of offering their prop- Mark Parten at 952.897.7814 or
erty for sale via a series of live online auc- 4) LEVERAGE PURCHASING mparten@welshco.com
tions, sealed bids or a unique combination POWER
of the two formats.
The per-unit cost of an item goes down
when you buy items in bulk. This is a sim-
“We work closely with our clients to help
them find the right solutions for their prop- ple concept, but it is oftentimes over-
erties,” said Bill Wardwell, Executive Vice looked. Be sure to source the same
President, NAI Welsh. “NAI Global’s pro- vendor for all of your properties in order to
gram offers effective options, in addition leverage your best purchasing power. By
to our Special Asset Services, for clients negotiating pricing on purchasing volume
who are having difficulty in today’s market. of everyday use items like paper products,
As a full-service commercial real estate cleaning supplies, trash bags, and light
firm, we have the ability to provide solu- bulbs, you could save millions of dollars
WELSH | 2
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
950 Lake Drive, Chanhassen 905Yankee Doodle Rd, Eagan NW of I-35 & Hwy 21, Faribault
9200 10th Ave N, Golden Valley SEC of CR-70 & Dodd Blvd, Lakeville 11601 93rd Ave N, Maple Grove
2300 Pilot Knob Rd, Mendota Heights 15197 Boulder Ave, Rosemount 2814 Cleveland Ave N, Roseville
WELSH | 3
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
1085-1091 Snelling Ave, St. Paul 1700 Wynne Ave, St. Paul CR-83 & 4th Ave E, Shakopee
100,000 - 1,000,000 SF
L D
SO
8299 Central Ave, Spring Lake Park 700 Lund Blvd NW, Anoka 6750 W Broadway Ave, Brooklyn Park
11300 Rupp Dr, Burnsville 14200 Ewing Ave, Burnsville 2451 Galpin Court, Chanhassen
WELSH | 4
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
103 Peavey Rd, Chaska Old Hwy 212 & Audubon Rd, Chaska 1960 Seneca Rd, Eagan
7450 Flying Cloud Dr, Eden Prairie 7980 Wallace Rd, Eden Prairie 5700 Lincoln Dr, Edina
7005-7035 Washington Ave S, Edina 7601-7615 Washington Ave S, Edina 11059 Lamont Ave NE, Hanover
WELSH | 5
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
SWQ Hwy 169 & Excelsior Blvd, Hopkins 9913 214th St W, Lakeville 1357 Cope Ave, Maplewood
212 James Ave N, Minneapolis 620 Olson Memorial Hwy, Minneapolis 5100 Hwy 169, New Hope
• 84,500 SF; 4.55 acres 31 • 79,253 bldg SF; 134,165 land SF; 3.08 acres 32 • 36,135 SF; 2.12 acres 33
• Outside storage & many mfg upgrades • Great DT Mpls redevelopment opportunity • 19,000 SF vacant
• West of Mpls CBD w/I-394, I-94, & Hwy 55 access • Immediate access to I-94, I-394, & Hwy 55 • New roof on half of the building
• 12’-20’ clear; dock & DI loading • Adjacent to Metro Transit; visible to 125K cars/day • Highway 169 visibility
• Sale Price $2,112,500 • Sale Price $3,500,000 or $44.16 PSF • Sale Price $2,550,000
Eric Batiza/Brian Doyle Steve Nilsson/Tim Olsen Paul Bickford
2730 Fernbrook Ave, Plymouth 16873 Fish Point Rd SE, Prior Lake 6043 Hwy 10 NW, Ramsey
WELSH | 6
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
Hwy 55 & Eastwood Ave SE, Rockford 1430 County Rd C, Roseville 545 Atwater Circle, St. Paul
• 2-69 acres 37 • 37,500 SF; 2.07 acres 38 • 38,564 SF on 2.03 acre lot 39
• 13 industrial lots available • Outdoor storage • 2005 construction in Great Northern Bus. Cntr.
• Flexible industrial uses • 8’ - 20’ ceilings • Great glass lines, bright 24’ clear whse
• Multiple lots can be combined • Great owner/user/investor opportunity
• Sale Price $2.75 PSF • Sale Price $975,000 • Sale Price $3,450,000
Rob Brass/Andrew Odney Paul Bickford Eric Batiza/Brian Doyle
25,000 - 100,000 SF
549-557 Topping St, St. Paul 2492 Doswell Ave, St. Paul 7800 Hwy 101, Shakopee
4650-4670 Churchill St, Shoreview 701-709 Jefferson Ave SW, Watertown 4875 Constellation Dr, White Bear Twp
• 29,837 SF partially leased industrial bldg. 43 • 67,375 SF; 5.25 acre lot 44 • 43,058 SF 45
• Easy access to I-694, I-35W & I-35E • Owner/use opportunity • Will divide for multi-tenant use
• 4 docks & 1 DI; ample off-street parking • Fast growing Watertown area • Direct visibility to I-35E - 69,000 vpd
• Owner/user/investor opportunity • Flexible zoning for redevelopment • One drive-in door; One dock door
• Sale Price $2,250,000 or $75.41 PSF • Sale Price $1,900,000 or $28.20 PSF • Sale Price $4,305,800
Eric Batiza/Brian Doyle Mike Perkins/Justin Rath Jay Chmieleski/Craig Lien
WELSH | 7
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
2136 108th Ln NE, Blaine 3140 104th Ln, Blaine 9276 Isanti St NE, Blaine
8459 & 8463 Xerxes Ave N, Brooklyn Park 2052 Gateway Circle, Centerville 860 Downs Rd, Champlin
Up to 25,000 SF
307 E 6th St, Chaska 545 NE 37th Ave, Columbia Heights 836 40th Ave NE, Columbia Heights
WELSH | 8
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
298 Coon Rapids Blvd, Coon Rapids 11810 Brockton Ln, Dayton 14530 Martin Dr, Eden Prairie
14700 Martin Dr, Eden Prairie 15970 Jarvis St NW, Elk River 16112 Jarvis St, Elk River
Up to 25,000 SF
L D
SO
24232 Greenway Ave, Forest Lake 7847-7893 Elm St NE, Fridley 7855 Ranchers Rd NE, Fridley
WELSH | 9
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
1455 165th Ave NE, Ham Lake 15745 Lincoln St, Ham Lake 15840 Central Ave, Ham Lake
20830 Holt Ave, Lakeville 501 Apollo Dr, Lino Lakes 7309 Lake Dr, Lino Lakes
Up to 25,000 SF
400 Congress St, Maple Lake 5135 Oak St, Maple Plain 3535 Kilkenny Lane, Medina
WELSH | 10
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
3795 Pinto Dr, Medina 916 26th Ave NE, Minneapolis 2214-2224 Bloomington Ave S, Minneapolis
3017 27th Ave S, Minneapolis 3450 Snelling Ave, Minneapolis 300 2nd St, New Brighton
3596 Shoreline Dr, Orono 224 1st Ave NW, Osseo 5448 Cottonwood Lane SE, Prior Lake
WELSH | 11
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
13325 Commerce Blvd, Rogers 2507 Walnut St N, Roseville 2629 Louisiana Ave, St. Louis Park
• 15,120 SF on 1.6 acre lot 82 • 10,892 SF; 5.06 acre site 83 • 3,300 SF; .12 acres 84
• Great image • On-site fueling station • Good locale half way between I-394 & Hwy 100
• Well maintained • Fenced and paved outside storage • Zoned industrial in retail location
• Convenient freeway access • Easy access to Hwy 36, Hwy 280 & I-35W • Free span space; drive-in door; on-site parking
• Sale Price $1,285,000 • Sale Price $2,800,000 • Sale Price $275,000
Andrew Odney Bill Ritter/Jay Chmieleski Tom Dunn
Up to 25,000 SF
5565 Quam Ave NE, St. Michael 150 Eaton St, St. Paul 12850 Chestnut Blvd, Shakopee
424 Farwell Ave, South St. Paul 8236 Arthur St, Spring Lake Park 141 Industrial Blvd,Waconia
L D
S O
WELSH | 12
Up to 25,000 SF
Industrial 952.897.7700 | FULL PROPERTY INDEX ON P. 35
• 8,200 SF 91 • 18,800 SF 92
• Outdoor storage allowed • 75 units (15,800 SF)
• Airlines throughout • 3,000 SF office/whse bldg on site
• Two drive-in doors • 2.1 acre site
• Sale Price $450,000 • Sale Price $675,000
Aaron Sillanpa/Dan Friedner/Jay Chmieleski Dan Friedner/Jay Chmieleski
Turning Surplus Into Service Helping Corporate America help people in need.
E
ver wonder what happens when you on her feet. Providing life-saving medicines for and use it to support non-profit organizations
combine paper, pens and chairs with overseas communities paralyzed by treatable serving people in need. “It’s a win-win because
eggs, apples, window cleaner and disease. This is why donors WANT to give. it helps businesses avoid warehousing and dis-
shampoo? posal costs while sending an important message
Social responsibility for the communities they to its employees and customers about their com-
The answer? You’ll get Hope For The City, an serve. Giving that is easy, effective, and effi- mitment to help their community,” says Megan
organization with a warehouse outfitted to store cient. Because doing good is good business. Doyle, co-founder of Hope For The City.
corporate surplus of all shapes and sizes, and a This is why donors GIVE.
network of collaborative partners ready to dis- Align your company with a cause.
tribute those resources to people in need. Founded by Welsh CEO Dennis Doyle and his Hope For The City’s mission is to use corporate
wife Megan, Hope For The City was created to surplus to fight poverty, hunger, and disease and
Helping a homeless family. Giving an abused provide Corporate America with a mechanism many companies that donate resources to Hope
teen the educational tools she needs to get back to donate resources it no longer wants or needs For The City want to be effective and want to
Continued on page 21
WELSH | 13
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
1891 Hwy 5, Chanhassen 5905 Golden Valley Rd, Golden Valley 7950 Main St N, Maple Grove
2021 East Hennepin Ave, Minneapolis 2700 E Lake St, Minneapolis 4400 Baker Rd, Minnetonka
7755 3rd St N, Oakdale 2814 Cleveland Ave N, Roseville 7630 W 145th St, Apple Valley
Up to 50,000 SF
WELSH | 14
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
8030 Cedar Ave, Bloomington 9725 Garfield Ave S, Bloomington 200 E Travelers Tr, Burnsville
2426 117th St, Burnsville 12225 Champlin Dr, Champlin 105 Peavey Rd, Chaska
Up to 50,000 SF
2638 Shadow Ln, Chaska 15252 W Freeway Dr, Columbus 8617W Pointe Douglas Rd S, Cottage Grove
WELSH | 15
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
SEC of 72nd & Hinton Ave, Cottage Grove 6404 Bass Lake Rd, Crystal 250 Prairie Center Dr, Eden Prairie
6216 Baker Rd, Eden Prairie 8941 Aztec Dr, Eden Prairie 9340 Hennepin Town Rd, Eden Prairie
Up to 50,000 SF
7300 France Ave S, Edina 6279 University Ave NE, Fridley 8681 Eagle Point Blvd, Lake Elmo
L D
SO
WELSH | 16
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
219-223 Little Canada Rd E, Little Canada 2588 Rice St, Little Canada 2978 Rice St, Little Canada
11202 86th Ave N, Maple Grove 11256 86th Ave N, Maple Grove 11316 86th Ave, Maple Grove
Up to 50,000 SF
11332-11334 86th Ave N, Maple Grove 2085 County Rd D, Maplewood 800 S Plaza Dr, Mendota Heights
WELSH | 17
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
121 Hennepin Ave, #1A, Minneapolis 616 3rd St S, Minneapolis 724 Lowry Ave NE, Minneapolis
L D
SO
727 Hennepin Ave, Minneapolis 731 Hennepin Ave, Minneapolis 831 W 31st St, Minneapolis
Up to 50,000 SF
1229 2nd St NE, Minneapolis 1409 Willow St, Minneapolis 3408 E Lake St, Minneapolis
WELSH | 18
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
4401-4407 Lake St E, Minneapolis 5900 Rowland Rd, Minnetonka 10273 Yellow Circle Dr, Minnetonka
10560 Wayzata Blvd, Minnetonka 2738 Winnetka Ave N, New Hope 360 Helmo Ave N, Oakdale
Up to 50,000 SF
NE of Helmo Ave & 10th St, Oakdale 1515 E 66th St, Richfield 3770 W Broadway, Robbinsdale
WELSH | 19
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
2924 Anthony Ln, St. Anthony 7104 Lake St W, St. Louis Park 215 George St, St. Paul
• 9,810 SF 55 • 4,000 SF; recently completed construction 56 • 25,600 SF; 1.55 acres 57
• Renovated in 2005 • Office space w/attractive glass & brick entry way • Beautiful church on spectacular lot
• Multi-tenant office building • Direct access to Hwy 7 on Midtown Greenway Bike Trail • Seats 350, ample parking
• Excellent visibility • 10’ ceilings w/DSL Fiber + Cable available • Includes parsonage & education wing
• Sale Price $775,000 • Sale Price $1,300,000 • Sale Price $2,200,000
Dan Friedner/Jay Chmieleski/Justin Rath Peter Mork/Steve Nilsson/Jason Simek Tom Dunn
523 Jackson St, #106, St. Paul 905 Jefferson Ave, St. Paul 8627 Eagle Creek Cir, Savage
Up to 50,000 SF
100 South Fuller St, Shakopee 201 North 2nd St, Stillwater 3485 Willow Lake Blvd,Vadnais Heights
WELSH | 20
Office 952.897.7700 | FULL PROPERTY INDEX ON P. 35
260 East Wentworth, West St. Paul 2735 County Rd D, White Bear Lake 257 Rivertown Dr, Woodbury
Up to 50,000 SF
WELSH | 21
Office & Retail Properties
WELSH | 22
Industrial & Land Properties
WELSH | 23
Retail 952.897.7700 | FULL PROPERTY INDEX ON P. 36
10575 Keystone Ave NE, Albertville Pilot Knob Rd & 157th Ave, Apple Valley NEC CR-30 & I-94, Maple Grove
50,000 - 300,000 SF
6589 Laketowne Place, Albertville 1966 Bunker Lake Blvd, Andover 1203 County Rd E W, Arden Hills
40 CR-10, Blaine 385 109th Ave, Blaine 9225 Lyndale Ave, Bloomington
Up to 50,000 SF
WELSH | 24
Retail 952.897.7700 | FULL PROPERTY INDEX ON P. 36
251 W Burnsville Pkwy, Burnsville 1905 CR-42, Burnsville 3436 129th Ave NW, Coon Rapids
8617W Pointe Douglas Rd S, Cottage Grove 1307 Miller Trunk Hwy, Duluth 1270 Promenade Place, Eagan
Up to 50,000 SF
518 Freeport Ave NW, Elk River 588 Outpost Circle, Hudson 1116 North Riverfront Dr, Mankato
WELSH | 25
Retail 952.897.7700 | FULL PROPERTY INDEX ON P. 36
12730 Elm Creek Blvd, Maple Grove 401-409 14th Ave SE, Minneapolis 404 West Lake St, Minneapolis
727 Hennepin Ave, Minneapolis 731 Hennepin Ave, Minneapolis 1405-1407 Nicollet Ave S, Minneapolis
Up to 50,000 SF
1601-1625 W Broadway, Minneapolis 2303 18th Ave NE, Minneapolis 2600 University Ave SE, Minneapolis
WELSH | 26
Retail 952.897.7700 | FULL PROPERTY INDEX ON P. 36
2632 Nicollet Ave S, Minneapolis 3325 Broadway St NE, Minneapolis 3801 & 3815-3825 E Lake St, Minneapolis
• 6,000 SF/.25 acre 28 • 3,932 SF on .85 acre lot 29 • 20,920 SF + parking lot 30
• Great location on eat street • Beautiful newer construction; room for expansion • Commercial/retail/showroom multi-tenant
• Slab-on-grade, DI doors, parking for 20+ • High visibility & central loc. to Mpls or St. Paul • Zoned C-2; 13’ clear, DI loading, high visibility
• Wide open, many windows • Zoned I-1; move-in condition for bank user • Owner/user/investor opportunity - lots of glass
• Sale Price $1,300,000 • Sale Price $1,150,000 • Sale Price $900,000 or $43.02 PSF
Tom Dunn Eric Batiza/Brian Doyle Owner Financing Available
Brian Doyle/Eric Batiza
4040 Bloomington Ave S, Minneapolis 5019 34th Ave S, Minneapolis 6027 Georgia Blvd, Oakdale
Up to 50,000 SF
15704 NE 90th St, Otsego Hwy 101 & 90th St, Otsego Rosedale Trade Area, Roseville
• 10,569 SF 34 • 43,000 SF for lease; 1-7 acres for sale 35 • Confidential listing 36
• Convenient location off Hwy 101 in Otsego • Pad-ready sites w/great visibility to Hwy 101 • Heavily improved restaurant property for sale
• Newly constructed bldg w/beautiful finishes • Part of 40-acre mixed-use development • Sits on over 2 acres
• Ample parking & strong area tenants • Can accommodate a variety of uses • Please call for more information
• Sale Price - Please Call • Sale Price - Please Call • Sale Price Reduced - Please Call
Bob Minks Bob Minks/Ted Gonsior Mike Perkins/Tony Strauss
WELSH | 27
Retail 952.897.7700 | FULL PROPERTY INDEX ON P. 36
2633 Louisiana Ave, St. Louis Park 916-918 Rice St, St. Paul NEC of Hwy 36 & Greely St, Stillwater
1500 County Rd E, Vadnais Heights 1460-1484 East County Rd E,White Bear Lake 2007 County Rd E East,White Bear Lake
Up to 50,000 SF
• Various SF options 43
• Prime locations in Bloomington, Duluth,
Elk River, Ham Lake, Red Wing & Hutchinson
• Former Checker Auto Parts stores
• Sale Price - Please Call
Bob Minks/Zachary Stensland
WELSH | 28
Land 952.897.7700 | FULL PROPERTY INDEX ON P. 36
WELSH | 30
Land 952.897.7700 | FULL PROPERTY INDEX ON P. 36
WELSH | 31
Land 952.897.7700 | FULL PROPERTY INDEX ON P. 36
WELSH | 32
Land 952.897.7700 | FULL PROPERTY INDEX ON P. 36
Woodbury Wyoming
SWC Woodbury Dr & I-94 5311 264th St
• .91 acres; suitable for 5,000 SF bldg. 88 • 14.5 acres 89
• Outlot at Woodbury Lakes Lifestyle Center • Zoned general business
• Excellent visibility from I-94 • Direct visibility to Hwy 61
• Site is surrounded by major national retailers • 8.9 buildable acres
• Sale Price $1,100,000 • Sale Price $850,000
Chris Simmons Dan Friedner/Jay Chmieleski
WELSH | 33
Creating Value in Commercial
Real Estate for Over 30 Years.
Brokerage Services WelshInvest
• Property Sales INVESTMENT SERVICES
• Property Leasing • Acquisitions
• Client Representation Services • Dispositions
• Tenant Representation • Asset Management
• Corporate Real Estate Services • Customized 1031 Solutions
• Non-profit Real Estate Consulting
• Investment Sales
Welsh Construction
Property Management CONSTRUCTION SERVICES
ACCREDITED MANAGEMENT ORGANIZATION® (AMO®) • Design/Build
• Accounting • Construction Management
• Financial Reporting • Tenant Improvement
• Vendor Management • LEED Certification Experience
• On-Site Management
• Property Web Portal or Efficient Service Requests
(www.welshconnect.com)
• Welsh Insurance Program FaciliTech
• 24/7 Call Center MAINTENANCE SERVICES
• Lease Administration
• Receiverships • General Trades/Construction
• Plumbing
• Electrical
• Locksmith
Healthcare Services • Heating, Ventilating, and Air Conditioning (HVAC)
www.welshco.com
blog.welshco.com
WELSH | 34
For Sale Property Index
To search commercial properties for lease, visit www.welshco.com.
11
7300 France ave, 45,417 SF
Fridley
6279 University Ave NE, 10,000 SF
16
16
Anoka Osseo Golden Valley
700 Lund Blvd NW, 25,432 SF 4 224 1st Ave NW, 22,716 SF 11 5905 Golden Valley Rd, 58,247 SF 14
Blaine Plymouth Lake Elmo
2136 108th Ln NE, 5,200 SF 8 2730 Fernbrook Ave, 32,000 SF 6 800 S Plaza Dr, 4,000 SF 12
31240 104th Ln, 10,672 7 Prior Lake 8681 Eagle Point Blvd, 5,676 SF 16
9276 Isanti St NE, 6,000 SF 7 5448 Cottonwood Ln SE, 6,960 SF 11 Little Canada
Brooklyn Park 16873 Fish Point Rd SE, 46,957 SF 6 219-233 Little Canada Rd, 29,096 SF 17
8458 & 8463 Xerxes Ave N, 8,468 SF 4 Ramsey 2588 Rice St, 2,080 SF 17
6750 W Broadway Ave, 25,010 SF 4 6043 Hwy 10 NW, 42,918 SF 6 2978 Rice St, 2,352 SF 17
Burnsville Rockford Maple Grove
2052 Gateway Circle, 14,000 SF 7 Hwy 55 & Eastwood Ave SE, 2-29 acres 7 7950 Main St N, 53,000 SF 14
11300 Rupp Dr, 56,771 SF 4 Rogers 2700 E Lake St, 77,284 SF 10
14200 Ewing Ave, 42,990 SF 4 13325 Commerce Blvd, 15,120 SF 12 11202 86th Ave N, 2,135 SF 17
Champlin Rosemount 11256 86th Ave N, 1,074 SF 17
860 Downs Rd, 11,536 SF 8 15197 Boulder Ave, 129,118 SF 3 11316 86th Ave, 16,360 SF 17
Chanhassen Roseville 11332-11334 86th Ave N, 16,200 SF 17
950 Lake Dr, 192,000 SF 3 1430 County Rd C, 37,500 SF 7 Maplewood
2451 Galpin Ct, 30,224 SF 4 2507 Walnut St N, 10,892 SF 12 2085 County Rd D, 2,080 SF 17
Chaska 2814 Cleveland Ave N, 10.29 acres 3 Mendota Heights
103 Peavey Rd, 48,000 SF 5 St. Louis Park 800 S Plaza Dr, 4,000 SF 17
307 E 6th St, 8,088 SF 8 2629 Louisiana,3,300 SF 12 971 Sibley Memorial Hwy, 6,589 SF 13
Old Hwy 212 & Audubon Rd, 50,000 SF 5 St. Michael Minneapolis
Columbia Heights 5565 Quan Ave NE, 9720 SF 12 121 Hennepin Ave, #1A, 2,400 SF 18
545 37th Ave, 13,704 SF 8 St. Paul 616 3rd St S, 7,434 SF 18
836 40th Ave NE, 5,500 SF 8 150 Eaton St, 9,936 SF 12 724 Lowry Ave NE, 6,950 SF 18
Coon Rapids 545 Atwater Cir, 38,564 SF 7 727 Hennepin Ave, 17,500 SF 18
298 Coon Rapids Blvd, 12,488 SF 9 549-557 Topping St, 25,488 SF 7 731 Hennepin Ave, 44,954 SF 18
Dayton 1085-1091 Snelling Ave, 107,218 SF 4 831 W 31st St, 25,000 SF 18
11810 Brockton Ln, 5,080 SF 9 2225 N McKnight Rd, 10,000 SF 9 1229 2nd St NE, 7,043 SF 18
Eagan 2492 Doswell Ave, 31,297 SF 7 1409 Willow St, 21,472 SF 18
905 Yankee Doodle Rd, 358,532 SF 3 Shakopee 2021 East Hennepin Ave, 97,500 SF 14
1960 Seneca Rd, 30,286 SF 5 7800 Hwy 101, 65, 172 SF 7 2700-2708 East Lake St, 69,974 SF 14
Eden Prairie 12850 Chestnut Blvd, 8,000 SF 12 3408 Lake St, 20,000 SF 18
7450 Flying Cloud Dr, 79,072 SF 5 CR-83 & 4th Ave E, 40,000-400,000 SF 4 4401-4407 Lake St E, 7,790 SF 18
7980 Wallace Rd, 26,400 SF 5 Shoreview Minnetonka
14530 Martin Dr, 17,222 SF 9 4650-4670 Churchill St, 29,837 SF 7 4400 Baker Rd, 89,916 SF 14
14700 Martin Dr, 8,610 SF 9 South St. Paul 5900 Rowland Rd, 12,716 SF 18
Edina 424 Farwell Ave, 12,288 SF 12 10273 Yellow Circle Dr, 12,894 SF 18
5700 Lincoln Dr, 62,851 SF 5 Spring Lake Park 10560 Wayzata Blvd, 7,307 SF 18
7005-7035 Washington Ave S, 78,000 SF 5 8236 Arthuer St, 5,332 SF 12 New Hope
7601-7615 Washington Ave S, 36,808 SF 5 8299 Central Ave, 102,862 SF 4 2738 Winnetka Ave N, 15,002 SF 18
Elk River Waconia Oakdale
15970 Jarvis St NW, 12,000 SF 9 141 Industrial Blvd, 9,600 SF 12 360 Helmo Ave N, 3.1 acres 18
16112 Jarvis St, 7,938 SF 9 Watertown 7755 Third St N, 59,656 SF 14
Faribault 701-709 Jefferson Ave SW, 67,375 SF 7 NE of Helmo Ave & 10th St, 14,000 SF 18
NW of I-35 & Hwy 21, Up to 1,000,000 SF 3 White Bear Township Richfield
Forest Lake 4875 Contellation Dr, 43,058 SF 7 1515 E 66th St, 24,555 SF 18
24232 Greenway Ave, 6,262 SF 9 Wyoming Robbinsdale
Fridley 26453 Fallbrook Ave, 8,200 SF 13 3770 W Broadway, 2,500 SF 18
7847-7893 Elm St NE, 17,442 SF 9 Zimmerman Roseville
7855 Ranchers Rd NE, 24,000 SF 9 12193 253rd Ave NW, 18,800 SF 13 2814 Cleveland Ave N, 10.29 acres 14
Golden Valley St. Anthony
9200 10th Ave N, 132,003 SF 3 7104 Lake St W, 4,000 SF 19
Ham Lake St. Louis Park
1455 165th Ave NE, 14,754 SF 10 2924 Anthony Ln N, 9,810 SF 19
15745 Lincoln St NE, 9,600 SF 10 St. Paul
15840 Central Ave, 11,040 SF 10 215 George St, 25,600 SF 19
Hanover 260 East Wentworth, 31,000 SF 19
11059 Lamont Ave NE, 30,248 SF 5 523 Jackson St, #106, 1,500 SF 20
Hopkins 905 Jefferson Ave, 10,307 SF 20
Hwy 169 & Excelsior Blvd, 25,000 SF 6 Savage
Lakeville
9913 214th St W, 70,536 SF
20830 Holt Ave, 14,900 SF
6
10
Office 8627 Eagle Creek Cir, 2,400 SF
Shakopee
100 South Fuller St, 15,000 SF
20
20
SEC CR-70 & Dodd Blvd, 40,000-600,000 SF 3 Apple Valley Stillwater
Lino Lakes 7630 W 145th St, 7,392 SF 14 201 North 2nd St, 14,445 SF 20
501 Apollo Dr, 14,758 SF 10 Bloomington Vadnais Heights
7309 Lake Dr, 24,666 SF 10 8030 Cedar Ave, 37,552 SF 15 3485 Willow Lake Blvd, 1,933 SF 20
Maple Grove 9725 Garfield Ave S, 43,857 SF 15 West St. Paul
11601 93rd Ave N, 174,901 SF 3 Burnsville 260 East Wentworth, 31,000 SF 21
Maple Lake 200 East Travelers Tr, 20,653 SF 15 White Bear Lake
400 Congress St, 22,350 SF 10 2426 117th St, 2,400 SF 15 2735 County Rd D, 6,490 SF 21
Maple Plain Champlin Woodbury
5135 Oak St, 13,141 SF 10 12225 Champlin Dr, 2,615 SF 15 257 Rivertown Dr, 24,566 SF 21
Maplewood Chanhassen 1783 Woodlane Dr, 2 acres 21
1357 Cope Ave, 52,473 SF 6 1891 State Hwy S, 243,000 SF 14
Medina Chaska
3535 Kilkenny Ln, 6,120 SF 10 105 Peavy Rd, 38,500 SF 15
3795 Pinto Dr, 8,588 SF 11 2638 Shadow Ln, 12,481 SF 15
Mendota Heights Columbus
2300 Pilot Knob Rd, 124,783 SF 3 15252 W Freeway Dr, 7,300 SF 15
Minneapolis Cottage Grove
212 James Ave N, 84,500 SF 6 8617 W Pointe Douglas Rd S, 3,600 SF 15
620 Olson Memorial Hwy, 79,253 SF 6 SEC 72nd & Hinton Ave, 5,826 SF 16
916 26th Ave NE, 3,244 SF 11 Crystal
2214-2224 Bloomington Ave S, 4,809 SF 11 6,404 Bass Lake Rd, 7,000 SF 16
3017 27th Ave S, 7,700 SF 11 Eden Prairie
3450 Snelling Ave, 5,600 SF 11 250 Prairie Center Dr, 33,229 SF 16
New Brighton 6216 Baker Rd, 7,400 SF 16
300 2nd St, 19,410 SF 11 8941 Aztec Dr, 4,507 SF 16
9340 Hennepin Town Rd, 3,500 SF 16
WELSH | 35
For Sale Property Index
To search commercial properties for lease, visit www.welshco.com.
Northfield
32
Albertville Albertville SEQ Hadley Ave & Century Ave N, 193,842 SF 32
6589 Laketowne Place, 20,000 SF 24 SEQ of 70th St NE & CR-19, 32.21 acres 29 Orono
10575 Keystone Ave NE, 60,906 SF 24 5836 Large Ave, 2.17 acres 29 3245 Wayzata Blvd, approx. 30 acres 32
Andover Annandale Otsego
1966 Bunker Lake Blvd, 9,547 SF 24 North of Hwy 55, 80+/- acres 29 15701 NE 90th St, up to 1.7 acres 32
Arden Hills Apple Valley 16201 90th St, 1-7 acres 32
1203 County Rd E W, 41,703 SF 24 Pilot Knob Rd & 157th St W, 230,000 SF 29 8185 NE River Rd E, 5.06 acres 32
Apple Valley Big Lake Hwy 101 & CR-39, 1 acre outlot 32
Pilot Knob Rd & 157th Ave, 230,000 SF 24 CR-81 (221st Ave) & CR-73, 198 acres 29 Hwy 101 & CR-42, .88-.11.91 acres 32
Blaine Blaine Plymouth
40 CR-10, 15,029 SF 24 I-35W & Lexington Ave, 1.6 acres 29 9900 Rockford Rd, 2.4 acres 32
385 109th Ave, 3,040 SF 24 Bloomington SWC Hwy 55 & CR-101, .79 acres 32
Bloomington 6701 W 78th St, 6.99 acres 29 Princeton
9225 Lyndale Ave, 2,210 SF 24 Burnsville SW Quadrant Hwy 95 & CR-31, 194 acres 32
Burnsville 251 W Burnsville Pkwy, 21,000 SF 29 Prior Lake
251 W Burnsville Pkwy, 21,000 SF 25 Chanhassen 17101 Adelmann St SE, 1.5 acres 32
1905 CR-24, 3,500 SF 25 Galpin Blvd, 2.07 acres 29 Rockford
Coon Rapids Chaska Hwy 55 & Eastwood Ave, 2-69 acres 32
3436 129th Ave NW, 13,418 SF 25 NW of Engler Blvd & Old Hwy 212, 3.50 acres 29 Rogers
Cottage Grove Old Hwy 212 & Audubon Rd, 5 acres 29 Diamond Lake Rd S, 3.91 acres 32
8617 W Pointe Douglas Rd S, 3,600 SF 25 Columbus South side of 137th Ave N, 14.78 acres 32
Duluth 9523 145th Ave NE, 8.27 acres 29 SWQ Hwy 101 & 141st Ave, 4 acres 32
1307 Miller Trunk Hwy, 39,629 SF 25 14645 Lake Dr, 8.14 acres 29 St. Paul
Eagan Coon Rapids 878 Forest St, .46 acres 32
1270 Promenade Place, 20,000 SF 25 511 Coon Rapids Blvd, 2.4 acres 29 Savage
Elk River Cottage Grove SEC CR-42 & Alabama Ave, 1.79 acres 33
518 Freeport Ave NW, 10,000 SF 25 6225 S 85th St, 1.5 acre 29 Shakopee
Hudson, WI Hwy 61 & Jamaica Ave, 90+ acres 29 1684 Weston Ct, 259,367 SF 33
588 Outpost Circle, 13,000 SF 25 NWC of 70th St & Hinton Ave, 2 acres 29 Chestnut Blvd & Hwy 169, 4.54-9.56 acres 33
Mankato SE of 72nd St & Hinton Ave, 44,017 SF 29 Stacy
1116 North Riverfront Dr, 15,000 SF 25 Dundas/Northfield 31205 Falcon Ave, 18.1 acres 33
Maple Grove Hwy 3 & Hester St, 17, 3, & 6.4 acre sites 30 Stillwater
12730 Elm Creek Bldv, 5,498 SF 26 Eagan NEC Hwy 36 & Greely St, 1.5 acres 233
NEC CR-30 & I-94, 300,000 SF 24 NWC of Diffley Rd & I-35E, 1.40 acres 30 Vadnais Heights
Minneapolis East Bethel County Rd E & Hwy 61, 7.68 acres 33
401-409 14th Ave & 1327 4th St SE, 11,160 SF 26 18635 Ulysses NE, 4.06 acres 30 White Bear Township
404 West Lake St, 5,000 SF 26 Faribault 1201 Birch Lake Blvd N, 9.21 acres 33
727 Hennepin Ave, 16,445 SF 26 NW of I-35 & Hwy 21, 5-90 acres 30 2320-2340 Leibel St, 5.4 acres 33
731 Hennepin Ave, 44,954 SF 26 Fridley 4XXX Constellation Dr, 14.44 acres 33
1450-1407 Nicollet Ave S, 15,750 SF 26 5601 East River Rd, 27 acres 30 4151 Hoffman Rd, 1.34 acres 33
1601-1625 W Broadway, 16, 166 SF 26 Gem Lake Willmar
2303 18th Ave NE, 14,485 SF 26 County Rd E & Hwy 61, 805,860 SF 30 NWC Hwy 71 & Hwy 23, 62.23 acres 28
2600 University Ave SE, 722-4,273 SF 26 Golden Valley Woodbury
2632 Nicollet Ave S, 6,000 SF 27 6200 Olson Memorial Hwy, 1.55 acres 30 1783 Woodlane Dr, 2 acres 33
3325 Broadway St NE, 3,932 SF 27 Hopkins 1901 Century Ave S, 2 acres 33
3801 & 3815-3825 E Lake St, 20,920 SF 27 SWQ Hwy 169 & Excelsior Blvd, 9 acres 30 SEC Woodbury Dr & I-94, 1-3.68 acres 33
4040 Bloomington Ave S, 20,000 SF 27 Hudson, WI SWC I-94 & Manning Ave, 25 acres 33
5019 34th Ave S, 11,600 SF 27 588 Outpost Circle, 13,000 SF 30 SWC Woodbury Dr & I-94, .91 acres 33
Oakdale Hutchinson Wyoming
6027 Georgia Blvd, 5,000 SF 27 Hwy 15 & CR-8, 34 acres 30 5311 264th St, 14.5 acres 33
Otsego Lakeville
15704 NE 90th St, 10,569 SF 27 9056 202nd St N, 1.18 acres 30
Hwy 101 & 90th St, 43,000 SF 27 NEC CR-70 & I-35, 22.54 & 4.99 acres 30
Roseville SEC CR-70 & Dodd Blvd, 5-50 acres 30
Rosedale Trade Area, 20,000 SF 27 Le Sueur
St. Louis Park Hwy 169 & S of Henderson Station Rd, 152 acres 30
2633 Louisiana Ave, 900 SF 28 Lino Lakes
St. Paul 7233 24th Ave, 2,395,800 SF 30
916-918 Rice St, 15,000 SF 28 8196 20th Ave N, 20 acres 30
Stillwater Lake Dr & I-35W, .92 acre outlot 30
NEC Hwy 36 & Greely St, 1.5 acres 28 Mahtomedi
Vadnais Heights 70 Mahtomedi Ave, 3.08 acres 30
1500 County Rd E, 10588 SF 28 Maple Grove
White Bear Lake 9350 Upland Ln N, 3.48 acres 31
1460-1484 East County Rd E, 17,336 SF 28 9580 Blackoaks Ln, 1.36 acres 31
2007 County Rd E East, 7,886 SF 28 I-94 & Hemlock Ln, 1-2 acres 31
NEC CR-30 & I-94, 300,000 SF 31
Maplewood
2694 Maplewood Dr, 20,908 SF 31
Kennard St, 2.5 acres
Medina
NWC CR-101 & Hwy 55, 1.23 & .75 acres 31
Menomonie, WI
I-94 & County Rd B, 11.5 acres 31
Minneapolis
2644 Nicollet Ave S, .52 acres 31
Minnetonka
4450 Baker Rd, 5+/- acres 31
Minnetrista
4300 Creekview Cir, 4.97 acres 31
Monticello
CR-18 & I-94, 1-1.5 acres 31
Montrose
SE of Hwy 12 & Hwy 25, 144 acres 31
New Prague
NEC 11th Ave NW & 1st St NW, 1.5 acres 31
NEC Hwy 19 & Chalupsky, 6.5 acres 31
NWQ Hwy 19 & 11th Ave NW, 15 acres 31
North Branch
I-35 & Hwy 95, 9.3 acres 31
WELSH | 36
NAI Welsh Brokerage Directory
Eric Batiza Paul Bickford Brad Bohlman, SIOR Lisa Brass Mike Brass Rob Brass Ted Carlson, CCIM, SIOR Jay Chmieleski Brian Doyle Scott Frederiksen, Dan Friedner Patrick Hodgdon
Sr. Associate Vice President Sr. Vice President Associate Vice President Sr. Associate Sr. Vice President Vice President Vice President CCIM, SIOR Vice President Associate
Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial Sr. Vice President Industrial Industrial
952.837.3007 952.897.7732 952.897.7733 952.837.3053 952.837.3054 952.897.7757 952.897.7788 952.897.7801 952.837.3008 Industrial 952.897.7863 952.897.7865
952.897.7737
Industrial
Jeff Jiovanazzo Caleb Krienke Ryan Krzmarzick Nick Leviton Evan Molde Peter Mork Brian Netz Steve Nilsson, CCIM Andrew Odney Tim Olsen Eric Riemer Bill Ritter, CCIM, SIOR
Vice President Associate Sr. Associate Associate Associate Sr. Vice President Sr. Associate Vice President Associate Associate Associate Sr. Vice President
Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial Industrial
952.897.7878 952.837.3018 952.897.7746 952.897.7843 952.897.7776 952.897.7772 952.897.7736 952.897.7899 952.897.7709 952.837.3023 952.897.7881 952.897.7743
Corporate Services
Land
Eric Rossbach Aaron Sillanpa Jason Simek Kevin Simons Judd Welliver Ted Gonsior Bill Ritter, CCIM, SIOR Eric Dueholm Colin Ryan Robin Zellmer
Associate Associate Associate Associate Associate Associate Sr. Vice President Vice President Associate Vice President
Industrial Industrial Industrial Industrial Industrial Land Industrial Corporate Services Corporate Services Corporate Services
952.897.7872 952.837.3062 952.897.7898 952.897.7871 952.897.7854 952.897.7744 952.897.7743 952.837.3087 952.837.3093 952.837.3089
Luke Allison Chad Anvary Bryan Beltrand, CCIM David Berglund Michael Brehm Mark Cressy Jim Damiani, Matt Delisle Michael Doyle Mike Gelfman Gary Germundsen Craig Lien
Associate Associate Vice President Sr. Associate Associate Sr. Associate CCIM, SIOR Associate Associate Vice President Sr. Associate Vice President
Office Office Office Office Office Office Sr. Vice President Office Office Office Office Office
952.837.3056 952.897.7719 952.897.7786 952.897.7789 952.837.3077 952.897.7705 Office 952.837.3029 952.837.3076 952.897.7875 952.897.7770 952.837.3055
Office
952.897.7731
Danielle Loffler Greg Moltumyr Kevin O’Neill Mike Perkins, Eric Rapp, SIOR Justin Rath Steve Shepherd Nils Snyder, CCIM Louis Suarez NAI Global Statistics at-a-glance:
Associate Vice President Sr. Vice President CCIM, SIOR Vice President Associate Sr. Associate Vice President Associate Over 325 offices - 55 countries - more than
Office Office Office Sr. Vice President Office Office Office Office Office
952.837.3065 952.837.3021 952.897.7724 Office 952.837.3060 952.897.7803 952.897.7864 952.837.3020 952.837.3061 5,000 professionals
952.897.7725
Dan Brastad, CCIM Amy Carlson Dick Friedrichs John Johannson Sara Martin Bob Minks Janet Olson Terese Reiling Kris Schisel Amy Senn Chris Simmons Zachary Stensland
Sr. Associate Associate Vice President Sr. Vice President Sr. Associate Sr. Associate Associate Vice President Sr. Associate Sr. Associate Sr. Vice President Associate
Retail Retail Retail Retail Retail Retail Retail Retail Retail Retail Retail Retail
Retail
952.897.7890 952.837.3026 952.897.7809 952.897.7750 952.897.7723 952.837.3068 952.897.7751 952.897.7738 952.897.7715 952.897.7833 952.897.7760 952.837.3078
Investment Sales
Tony Strauss, CCIM Kevin Brink Kevin Doyle, CCIM Ryan Dunlay Tom Dunn, CCIM Bob Pounds Tim Prinsen
Sr. Associate Sr. Vice President Vice President Sr. Associate Sr. Associate Sr. Vice President Sr. Vice President
Retail Investment Sales Investment Sales Investment Sales Investment Sales Investment Sales Investment Sales
952.897.7882 952.897.7784 952.897.7780 952.897.7834 952.897.7787 952.897.7753 952.897.7748
WELSH | 37
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NAI Welsh believes you have options and can do business now. We
have answers to offer that result in positive outcomes. Let us advise
you regarding your real estate goals and adjust them for today’s
current market opportunities. We can also customize a strategy to
position you for what happens next.
Don’t drink the Kool-Aid. Get real about your real estate.