Simon Property Group, which is the largest mall owner in the U.S., has shared that shoppers are getting back to malls. While this is a positive sign […]
U.S. Malls Seeing Uptick
Blog
Food Shelf Relocates with Property Purchase
We are happy to announce the successful purchase of a property by Summerhill’s client, Scott-Carver-Dakota CAP Agency, Inc. of 738 1st Avenue East in Shakopee, MN. Peter […]
Hopkins Industrial Condo Sold
We are happy to announce the successful sale of an industrial office/warehouse condo at 1220 5th Street South in Hopkins, MN for $349,000, or, $140.27 psf. The […]
Demands For Office Space In Large U.S. Cities Begins To Rise
Ever since the Covid-19 pandemic, demand for office space dropped to staggering lows. With work-from-home orders and other government restrictions still in effect, many businesses have yet […]
Abbott Opens Distribution and Warehousing Facility
Summerhill Commercial Real Estate is pleased to announce the completion of a 21,637 sf lease at Maplewood Business Center II”A” in Maplewood, Minnesota with Installation Solutions by […]
Despite All Odds Minnesota Had Successful Industrial Construction Year
Despite the pandemic, the industrial sector in Minnesota had a very successful 2020. One of the largest commercial real estate transactions in the Twin cities took place […]
Commercial Real Estate Trends For 2021
The last year has brought so many unprecedented changes to all of our lives. As schools shut down, offices closed, and the spaces where we socialize shuddered […]
5 Reasons to Make the Move to Minneapolis
Minneapolis is an incredibly dynamic city. With a strong economy, great entertainment, amazing dining scene, it tops the list as one of the best cities to live […]
Edina Medical Buildings Sold
Summerhill Commercial Real Estate, LLC is pleased to announce the sale of two (2) fully net leased medical office properties in Edina, MN on Monday November 2, […]
Which Type of Commercial Property is Doing Well With Covid-19?
It’s not a surprise that every industry has been impacted by the economic downturn from Covid-19, however, some commercial real estate properties are thriving. Of the various […]
How COVID-19 Has Affected the Commercial Real Estate Industry
There is virtually no industry that hasn’t been affected by the current COVID-19 pandemic–and the commercial real estate industry is no exception. While things are slowly ramping […]
Spring Lake Park Land Sale To Hampton Companies
Congratulations to Hampton Companies in its acquisition of 3 acres of land at 525 Osborne Road NE in Spring Lake Park, MN from the City of […]
What Are the Most Common Types of Commercial Property?
The definition of commercial property is a property intended to be used to generate profit for the tenant. Essentially, commercial properties are businesses. Below is a complete […]
A Guide to Different Types of Office Spaces
If there’s one place other than your home where you spend most of your day, it’s your office! Office spaces come in various sizes, shapes and classes. […]
Summerhill Ranks in the Top 25 Commercial Property Management Firms in the Twin Cities
Summerhill Commercial Real Estate, LLC is pleased to announce that it made the #16 spot for the Top 25 Commercial Property Management Firms in the Twin Cities […]
The Advantages of Hiring a Commercial Real Estate Agency
For any company or business, location can be a big deciding factor behind their success. A good location can help reduce expenses, attract more customers, and increase […]
Common Types of Commercial Leasing Options
Retail and Industrial can both be deemed as “Commercial Real Estate.” Anything that refers to buildings or land sold with the intention to generate profit, industrial and […]
Medical Office Building Investment Purchase
Congratulations to HIKE Investments, LLC on their recent acquisition of this medical office building investment in Minnetonka, MN, their first major investment in a commercial property. Andy […]
Tips on Investing in Commercial Real Estate
If you’ve been considering an investment in commercial real estate, you probably know how lucrative it can be. But with any significant investment, there are challenges ahead. […]
Stapleton Acquires Stillwater Investment Property
Congratulations to Stapleton Properties, LLC on their recent acquisition of this office building investment in Stillwater Minnesota, their first investment in a commercial property. Joe Smith of […]
Tenant Rep Deal Minnetonka
Congratulations to Production Automation Corporation (PAC) on moving in to their new 12,864 SF office/warehouse space at Carlson Business Center in Minnetonka on 11/1/19. Peter Kordonowy with […]
What Are the Benefits of an Open Office Layout?
We all recognize the stereotypical office space. It includes bright overhead fluorescent lighting and cubicles that separate one another. The idea behind the traditional office space design […]
What Are The Most Common Commercial Real Estate Myths?
The commercial real estate industry has changed rapidly in the last decade, especially due to a recovering economy. Advancements in technology have paved the way for more […]
New Lease Completed in Eden Prairie
We are pleased to announce a lease transaction with Residential Heating and Air Conditioning completed recently. Joe Smith with Summerhill Commercial Real Estate, LLC represented the Landlord […]
Accessories Brand Lease Completed in Minnetonka
We are pleased to announce a lease transaction with Panache Accessories completed recently. Joe Smith with Summerhill Commercial Real Estate, LLC represented the Landlord and Chris Moe […]