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Cresa Minneapolis
920 Second Avenue South
Suite 900
Minneapolis, MN 55402
612.337.8498 tel
Map/Directions

Minneapolis

  • Minneapolis CBD

    Market Report

    Supply
    26,750,000
    Vacancy
    13.2%
    Absorption
    210,000 (2014)
    Avg. Lease Rate
    $22.63
  • Saint Paul CBD

    Market Report

    Supply
    7,700,000
    Vacancy
    18.7%
    Absorption
    55,000 (2014)
    Avg. Lease Rate
    $18.37 (FSG)
  • Southwest

    Market Report

    Supply
    15,800,000
    Vacancy
    15.5%
    Absorption
    165,000 (2014)
    Avg. Lease Rate
    $22.15 (FSG)
  • Bulk Warehouse

    Market Report

    Supply
    31,800,000
    Vacancy
    6.8%
    Absorption
    400,000 (2014)
    Avg. Lease Rate
    $6.00 - $6.75


Conflict-Free

Cresa's fiduciary responsibility is to one party only — the tenant. This singular relationship avoids inherent conflicts of interest in the marketplace.

Creating Leverage

We use our expertise, market insight, and years of experience to give you leverage with your landlord.

Strategic Approach

We apply strategic solutions that reduce costs, improve operations, and enhance the performance of your workforce






People

John Beumer Creative Services Associate 612.373.0283
George Boyadjis, CPA, MBA Director, Corporate Services 612.373.0298
Tim Carlson Principal 612.373.0281
Steven G. Dorgan Managing Principal 612.373.0287
Suzanne Grimm Principal 612.373.0293
Ann Hansen Senior Advisor 612.373.0294
Susan Johnson Office Manager 612.373.9187
Julianne Locke Administrative Assistant 612.373.0282
Steve Mitchell Accounting Manager 612.373.0284
Ashley Moen Senior Advisor 612.373.9183
Jessica Mogilka Senior Advisor 612.767.1278
Nicole Nelson Senior Advisor 612.373.0299
Stephanie Paul Advisor 612.373.9182
Jaime Reichman Associate 612.373.9185
Karen Riley Senior Advisor 612.373.0288
William Roozenboom Senior Advisor, Technology Director 612.373.9188
Corey Ruff, CHC Advisor 612.373.9180
Gwen Schultz Managing Principal 612.373.0292
Thomas Sexton Managing Principal 612.373.0289
Tom Strohm Advisor 612.373.9190
Steven J. Strom Senior Advisor 612.373.0297
Littia Swift Administrative Assistant 612.373.9191
Matt Tobin Senior Advisor 612.373.9186
Mike Tobin Senior Advisor 612.373.0285
James Vos Principal 612.373.0290
Jeffrey Wenngatz Senior Advisor 612.373.0280

Success Stories

Client Location Sq. Footage
3M - US Portfolio St. Paul, MN  38,000,000 
Ecotech Institute Aurora, CO  25,000 
Gander Mountain St. Paul, Minnesota   
IDI Distributors Chanhassen, Minnesota   
Japs-Olson Company St. Louis Park, Minnesota   
National Property Tax Client Minneapolis, Minnesota   
Undisclosed Fortune 150 Company St. Paul, MN  Over 1M 

Subleases & Sales

Property Available Space Rental Rate
Sublease: 4601 Dean Lakes Boulevard
4601 Dean Lakes Boulevard
Shakopee, MN
98,351 SF $14.50 Gross
Sublease: Normandale Lake Office Park
8000 Norman Center Drive, 8th Floor
Bloomington, MN
4,550 SF $24.00 FSG
Sublease: Normandale 8200 Tower
5600 83rd Street
Bloomington, MN 55437
27,447 SF Negotiable
Sale: 515 Bielenberg Drive
515 Bielenberg Drive
Woodbury, MN 55125
10.48 acres Sale: $3,200,000
Beaches, Beer and a Lesson In Macro-Economics (3 Min Read)
During spring break 2016, while sitting by the pool in Puerto Vallarta, a macro-economic story about global currency exchange rates became a very personal micro-economics lesson on the cost of a beer. I ordered a Corona for 25 pesos—which is about […] Read More
Sticker Shock - Property Taxes on the Rise (2 Min Read)
Over the past two years, all types of commercial properties have sold for record profits. The sellers walk away with millions, but who bears the burden of the higher property values and taxes? Tenants. The region’s low unemployment rate (3.7%), a […] Read More
Is the Suburban Office Dead? (3 Min Read)
A major employer recently relocated their headquarters to downtown Minneapolis, and despite the big move, turnover associated with the move was virtually nonexistent. Why? Leadership saw that their future talent pool was already downtown, and their […] Read More

Property Tax Appeal

Cresa Minneapolis is unique in the realm of property tax appeal consulting because we are real estate professionals active in the market every day. Here is what sets us apart:

Expert Real Estate Knowledge: We leverage our direct national market knowledge to negotiate the fairest property values for our clients.

Single Point of Contact: We prioritize best-in-class communication and transparency with our clients, providing a single point of contact for all matters related to your tax appeal.

Educators, Not Adversaries: We strive to be educators, not adversaries, in our discussions with assessing authorities, allowing us to build relationships of mutual respect and helping us settle the majority of our appeals outside of costly litigation.  

Experience

We have reduced property taxes for all kinds of businesses, from medical giants to industrial pioneers.

 

Process

From the initial risk-free analysis to a fully negotiated settlement, we will be your advocate every step of the way.



Contact Us

                         

Call or send us an email to request your risk-free analysis.  

612.373.9185  I  taxappeal@cresa.com



CASE 

STUDIES

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