COMPETITION
MAKES
US
BETTER
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We know 'change' is the one constant in life and business. In commercial real estate, change continues at a rapid pace with new technologies, marketing platforms, and brokerages competing for a piece of the pie.
Competition in commercial real estate is tougher than ever and brokers across the country are better than ever. Armed with information & technology that not only provides clients with relevant data, but gets this information to market with incredible speed. The pace of the CRE industry continues to accelerate in many facets. Smart, young talent entering the industry eager to displace brokerage veterans lacking in today's required fast-paced skill-sets that are rapidly becoming the new norm.
While many veteran brokers have established client relationships and years of industry experience under their belt that provides some sense of comfort and security, in many cases that's not good enough anymore, certainly not as part of a long-term sustainable business plan. Competition is just too fierce today. However, when those relationships are supported with people, systems, & tools at market-speed, clients have no reason to consider the competition.
It's important to know the competition rarely rests. CRE industry best-practices continues to improve across all brokerage work. Clients and brokers alike recognize industry leaders, big and small, that are doing it right everyday. Brokerages that are firing on all cylinders and not cutting corners. Brokers that know they can beat their competition in nearly every way. Brokers that provide extraordinary account service and unparalleled responsiveness to their client needs.
But it comes with a price, just like in life...hard work. A common thread of top producers is a work ethic that many envy. It's not complicated to understand. But it can be tough to compete against. The message is clear in Rod Santimassimo's book,
Broker's Who Dominate
. Top producing brokers get up early, stay one step ahead of their client's needs, never stop prospecting...they work hard, because they understand their competition is doing exactly the same thing everyday.
They know it's just as important to work
on
their business as it is to work
in
the business. It's easy to neglect our own business development work when we are fully focused on delivering for our client. But it's just an excuse and one the competition doesn't use. Great CRE brokers and brokerages understand the essential components to staying relevant in today's market.
The good news for many CRE brokers is that we are competitive by nature. We embrace competition. We welcome competition at the table. We know we may not always beat the competition, but we understand the competition makes us that much better. Plus, when you do win, the victory is that much sweeter.
Mark Hulsey
RE/MAX Results - Commercial Group
mark@resultscommercial.com
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Douglas Harris
Douglas spent several years in NYC and Los Angeles working in the film industry and served as the Head Of Production Finance at The Weinstein Company, formerly Miramax Films. In 2009, Douglas moved to MN and his career in real estate started in 2012. Douglas was attracted to the business by the fast-paced environment where a strong work ethic, honesty and integrity are welcomed and rewarded.
Douglas is very excited to join the Commercial Group and is currently working towards his CCIM Designation. His recent transactions include an executed office/condo lease, he listed for sale a 15K square foot St. Paul Industrial/Office space, a 10K retail space outside the metro area and is currently wrapping up two restaurant leases. Douglas is working with several new clients and will expand his business to the NW Metro in the coming months.
Cell: 612.868.8334
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3216 Winnetka Ave N, New Hope, MN
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Sold – $4,374,848
. Hayden Hulsey, CCIM, represented the Buyer in this $11,700,000 Self-Storage conversion project totaling 96,726 SF at 3216 Winnetka Ave N, New Hope, MN. The Developers/Buyers, Cascade Storage Partners, LLC in partnership with Pamlico Investments, Inc., are Self-Storage Developers and investors out of North Carolina & Colorado. Jernigan Capital, Inc. (New York Stock Exchange listed Real Estate Investment Trust – NYSE: JCAP) and ValFund are the debt and equity partners behind the project. Construction will be begin in Spring of 2018.
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SOLD - Walgreen’s: $6,818,181
5.5% cap rate. 14,580 SF. 18 years remaining on lease. Absolute NNN Lease. #17 on Fortune 500 list.
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1194 Randolph Ave, St Paul, MN
Stand Alone 4,760 SF retail building. Excellent visibility, access, and parking with monument & building signage.
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SOLD - Mixed-Use: $900,000
1144 Arcade Street, St, Paul, MN
7 unit Mixed-Use Building with 4 remodeled Apartments on the 2nd level, 3 main level Retail/Office units, 2 rear garage stalls, full basement, and billboard on roof for additional income.
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SOLD - Retail: $2,800,000
3140 Century Ave, Mahtomedi, MN
$2,800,000 at a 9.43% Cap Rate! 8 Unit (~20,000 SF) Retail Strip Center 100% Occupied.
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RE/MAX Results - Commercial Group received the award for #3 in Commercial Team Commissions in the United States. Mark Hulsey also received the RE/MAX Lifetime Achievement Award.
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For Sale - St. Paul Industrial
293 Como Ave, Saint Paul, MN
$
1,350,000 - PENDING!
Perfect for investor or Owner/User. 51,374 SF Flex (Industrial/Office) located just minutes from downtown St. Paul on Como Ave.Regularly serviced freight elevator that serves each floor. Rear of building has a ramp, pick-up truck height dock, and semi-truck height dock. All tenants are month to month with some in place for 30+ years. Mix of Gross and Modified Gross leases.
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For Sale - Net Lease Investment
$800,000 - Business and Real Estate Sale – New operator can purchase business and operations for $800,000 – below replacement cost. Recent Renovations: New roof installed 2016; and two top units installed in 2016 and 2017 respectively. Attractive Sales Growth – This store has experienced an 8% increase in same-store sales in 2016 and is on track to experience similar growth in 2017! Established Location – Franchisee has operated at this location since 1989.
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For Sale - Commercial Land
3216 Winnetka Ave N, New Hope, MN
$500,00
0 - 1.83 acres of Industrial land available with frontage on Winnetka Avenue N. The site can accommodate approximately a 26,000+ SF building with approximately 53 parking spaces parking. See site plans in Offering Memorandum. Directly adjacent to the property is a brand new large self-storage conversion/development project totaling $11.7M with approximately 831 storage units
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For Sale - Industrial Office
161-163 Bridgepoint Dr, South St Paul, MN
$834,900 - 2 Flex (Office/Warehouse) Adjacent/Connected Units. Built in 2006. 4150 SF each; 8300 SF total. Approx 20% office and 80% warehouse. 161 Bridgepoint (Unit #5): dock and 12×12 drive-in door (only one in the building). 100% heated warehouse & central AC. Very nice finish, upgrades, lighting. Assoc dues approx. $2000/quarter for both units includes: water, sewer, trash and HVAC maintenance. Tenants part of space; flexibility to vacate; income $5950/mo gross. Perfect for owner user, trades, small manufacturing.
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For Lease - Animal Hospital/Vet Clinic
2255 7th Avenue E, Saint Paul, MN
$14.14 SF/Yr (NNN) - Excellent Animal Hospital/Vet Clinic designed by Pope Associates and built by Kraus-Anderson in 2002. For Sale or Lease. Additional land available on-site for expansion to gain an extra 8,975 SF. Current building is 5,942 SF. Perfect for Medical Office or Child Care/School user.
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For Lease -
Retail Strip Center
$16.00 SF/Yr - 2,959 - 3,040 SF.
Fantastic opportunity to place your business in a thriving shopping center anchored by national tenants. Perfect restaurant spaces with high visibility and heavy traffic. Strong mix of tenants with retail, service, and restaurants. Shopping center is nearly fully leased with only 2 spaces available!
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For Lease -
Uptown Office
2909 Hennepin Ave S, Minneapolis, MN
$15.00 SF/Yr (NNN) - 5,453 - 6,677 SF.
Historic office building in the heart of Uptown near the intersection of Hennepin Ave S and Lagoon Ave. Adjacent to the Mansion at Uptown and Cowboy Slims and directly across from the Walker Library. Fantastic opportunity to locate your business in one of the most desirable areas of the Twin Cities!
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For Lease - North East Office
411 E. Hennepin Ave, Minneapolis, MN
$2,000/month Modified Gross.
~2,000 Square Feet Office Space Available For Lease on the 2nd Level. Exposed brick walls with very tall ceilings. Full restroom with shower, laundry, & full kitchen within space. Entrance/Exit for space is in the back of Building.
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Did You Know?
This video is worth a quick review. In a couple of minutes, you'll discover the depth of the RE/MAX Commercial network around the globe.
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See What You've Been Missing...
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RE/MAX Results - Commercial Group
A Full-Service Commercial & Investment Real Estate Group
Acquisition | Disposition | Leasing
RE/MAX Results - Commercial Group is a Division of RE/MAX Results.
Each Office Independently Owned and Operated.
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