Commercial real estate is a key component of the economy. When it is doing well, businesses and individuals alike reap the benefits. But what happens when things […]
Downturns in Commercial Real Estate: What You Need to Know
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GoBros Expands Using Summerhill Brokerage and General Contracting
We are happy to announce the successful representation of our client GoBros, LLC in an extension and expansion of their office warehouse space in Minnetonka MN. GoBros […]
Getting Started in Minnesota Commercial Real Estate: What You Need to Know
Minnesota is a great place to start if you’re interested in commercial real estate investing. The market here is strong, and there are plenty of opportunities to […]
Chaska Land Sale
We are pleased to announce the completion of raw land sale transaction at 4200 Peavey Road in Chaska, Minnesota on August 31, 2022. Summerhill Commercial Real Estate, […]
Top Tips for Finding the Perfect Commercial Real Estate Property
Commercial real estate can be a significant investment, but finding the right property for your needs is essential. There are many factors to consider when searching for […]
Arboretum Business Park I Welcomes Two New Tenants Leasing 63,000 SF
We are pleased to announce the completion of two industrial leasing transactions at Arboretum Business Park I in Chanhassen, Minnesota for our client Coeur Terra LLP, owner […]
What are Commercial Real Estate Vacancy and Availability Rates?
Commercial real estate vacancy rates and availability rates are two important metrics to consider when trying to assess the health of the commercial real estate market. However, […]
5 Key Tips to a Successful Commercial Real Estate Investment
Know your market When it comes to commercial real estate investing, knowing your target market is critical. Do your research and understand the trends in the area […]
How to Choose the Best Commercial Broker for Your Commercial Real Estate Investment
When it comes to making a commercial real estate investment, working with the right commercial broker is key to ensuring a successful transaction. But with so many […]
Pair of Town Office Condos Sold
We are happy to announce the successful sale of (2) Town Office Condos at 7965 Stone Creek Drive, Suites 130 and 30 in Chanhassen, MN for $475,000, […]
What is a Bridge Loan in Commercial Real Estate?
A bridge loan is a short-term loan used in real estate transactions that bridge the gap between the financing of a property and its eventual sale. Bridge […]
Summerhill Represents Buyer in Blaine Industrial Building Purchase
We are pleased to announce the successful sale transaction of 10350 Jamestown Street NE in Blaine, Minnesota for $1,250,000 or $146.50 per square foot. A property of […]
What is Yield on Cost in Real Estate?
The yield on cost (YOC) is a metric used by investors to evaluate potential real estate investments. It measures the current return on investment, taking into account […]
Should You Invest in Commercial Real Estate?
When it comes to investing in commercial real estate, you have a few different options. You can either choose to buy a property and rent it out, […]
$1.8 M Condo/Apartment Deal Closes
We are happy to announce the successful sale of an eighteen (18) unit multi-family condominium/apartment complex at 4076 Tower Street in St. Bonifacius, MN for $1,832,500, or, […]
Unique Office in Golden Triangle is Sold
We are happy to announce the successful sale of a Class C office building at 9975 Valley View Road in Eden Prairie, MN for $475,000, or $119.50 […]
Basic Commercial Real Estate Terminology You Should Know Before Investing
When you’re looking to invest in commercial real estate, it’s important to be familiar with the terminology. Here are ten of the most important terms to know: […]
What Are Office Building Classifications?
Not all office buildings are created equally. While two spaces may share the same amenities and square footage, location and building conditions are other factors that need […]
Tips for Investing in Commercial Real Estate
Considering investing in commercial real estate? Here are the top six tips that will help give you an understanding of this industry. 1. Buy the building, not […]
Completed Like Kind 1031 Exchange Transaction
We are happy to announce the successful sale and purchase of property by Summerhill’s client, Zealand Ventures, LLC, in 3Q21and the subsequent lease up of a pending […]
What to Know Before Investing in Commercial Real Estate
Are you thinking about taking the plunge and investing in your first commercial real-estate deal? Even if you’re a veteran investor in residential properties – someone who […]
Finding the Best Commercial Real Estate Agent
There are two major reasons why you should invest in commercial real estate. First, it will give you a profit. It will either be rental income or […]
Why Commercial Real Estate Survived the Pandemic
One of the most surprising resiliencies of the pandemic is the commercial real estate industry, It hinged on the flexibility and focus on newly emerged themes in […]
Investment Client Acquisition
We are happy to announce that Peter Kordonowy of Summerhill has successfully represented its client, Chan Lakes Investment, LLC, in acquiring Chanhassen Lakes I and II in […]
Questions To Ask Before You Move Office Spaces
If you are considering moving office spaces, you need to seriously evaluate the pros and cons of doing it. Moving office space requires a lot of time, […]