Portfolio · September 2026

One million square feet, one home market, one team.

Thirty buildings, all but one inside the Minneapolis–Saint Paul metro. Office, flex/industrial, multi-family and retail, bought under-leased and operated to full.

~$100M
Approximate market value
$82.7M
Invested basis
Purchase price $71.9M plus capital invested
55%
Loan-to-value
536
Units and suites

Office · 54%

500,765 SF of suburban multi-tenant office, typically 1,000–5,000 SF suites on two-to-three-year leases across hundreds of small businesses.

Flex / industrial · 35%

326,815 SF of office-warehouse and industrial, including a 91,430 SF single-tenant building leased to a national credit tenant. The most sought-after small-business space in the western suburbs.

Multi-family · 9%

86,872 SF: 89 apartment units in South Minneapolis plus an 1888 historic building in Saint Paul with lofts over ground-floor retail.

Retail · 2%

18,600 SF across three neighborhood retail buildings on Lake Minnetonka in Spring Park, Orono and Golden Valley.

7825 Washington Ave S · BloomingtonOffice · 112,425 SF · acquired 2024
9220 Bass Lake Rd · New HopeOffice · 109,085 SF · acquired 2022
6043 Hudson Rd · WoodburyOffice · 164,405 SF · acquired 2022
3558 2nd St N · MinneapolisFlex / industrial · 91,430 SF · acquired 2025 · 721
5624 Lincoln Dr · EdinaFlex / industrial · 78,169 SF · acquired 2024 · 721
10800 Lyndale Ave S · BloomingtonOffice · 63,294 SF · acquired 2024 · 721
10740 Lyndale Ave S · BloomingtonFlex / industrial · 43,147 SF · acquired 2022
340 Sibley St · Saint PaulMulti-family · 25,590 SF · acquired 2024 · 721
9220 James Ave S · BloomingtonFlex / industrial · 43,064 SF · acquired 2025
5421 Feltl Rd · MinnetonkaFlex / industrial · 27,050 SF · acquired 2024 · 721
8700 W 36th St · St. Louis ParkOffice · 21,387 SF · acquired 2024 · 721
8409–8421 Center Dr · Spring Lake ParkFlex / industrial · 19,813 SF · acquired 2024 · 721
250 St. John St · LorettoFlex / industrial · 24,142 SF · acquired 2018
4000 Shoreline Dr · Spring ParkRetail · 8,124 SF · acquired 2025
3502 / 3542 Shoreline Dr · OronoRetail · 9,004 SF · acquired 2025
South Minneapolis multifamily (7) · MinneapolisMulti-family · 89 units · 56,875 SF · acquired 2025 · 721

Square footage per AppFolio Property Manager. Values are Managing Member determinations supported by appraisals and broker opinions of value. Property-level detail is available to accredited investors in the data room.

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The data room holds the full asset register with basis, valuation, debt and vehicle for every property.