Japs-Olson Company was founded in 1907 and is one of the nation’s largest commercial printing and direct mail production firms.
As a fast-growing company, Japs-Olson was looking for a property tax expert who could help decrease overhead expenses at its owned manufacturing facility in St. Louis Park, Minnesota without harming its relationship with the city. Cresa provided a free analysis of the property and determined it was over-assessed compared to other manufacturing facilities in the Twin Cities of the same size, age, location, and infrastructure. After thorough discussions with the city assessor, Cresa achieved an average reduction of 23.7% in the assessed value for the years under appeal, saving Japs-Olson $145,000 in annual taxes.
CRESA SERVICES - Property Tax Appeal
INDUSTRY - Commercial Printing