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Steve Edlefsen | |952-250-8409
Brad Edlefsen | |612-810-3295

COMMERCIAL REAL ESTATE

We specialize in representing clients for their office, industrial, development, healthcare, and investment needs. We strive for client-centric alternatives as opposed to traditional transaction-focused thinking, which allows us to achieve the best overall results for our clients while meeting their business objectives.

While The Edlefsen Group is under the Edina Realty, Inc. banner, we maintain expert local market knowledge with the added benefit, as a Berkshire Hathaway affiliate, of strategic relationships with key partners in major markets worldwide.

THE EDLEFSEN GROUP / EDINA REALTY COMMERCIAL

LOCAL MARKET EXPERTISE, GLOBAL REACH


CLIENT ADVISORS

• Analyze existing lease and space shortcomings
• Prepare market surveys
• Coordinate and manage site tours
• Prepare and deliver customized (Request for Proposals) RFP’s
• Proposal summaries and executive summaries
• Lease and contract negotiations
• Financial analysis / (Net Present Value) NPV’s
• Lease vs Purchase evaluation
• Lease buyouts and terminations
• Design build
• Transaction summaries


PROJECT & CONSTRUCTION MANAGEMENT

Our team delivers the advantages of a sole source of responsibility for cost control, quality control, and on-time project completion.

• Site and building evaluations
• Base building standards and system evaluation.
• Budget preparation
• Architect/design consultant selection
• Mechanical and Electrical engineer selection and coordination
• Engineering/analysis
• Contractor bid process and evaluation
• Construction process management
• Vendor/supplier evaluation assistance


STRATEGIC PLANNING

We offer a broad range of consulting and advisory services designed to assist with facilities planning and development requirements.

• Space strategies
• CAD layout and space utilization
• Distribution network modeling
• Renewals
• Relocations
• Expansion
• Consolidation
• Acquisition & disposition
• Financial and strategic consulting
• Integrated material handling design


MARKET RESEARCH & SITE SELECTION

We utilize industry leading information to keep apprised of market conditions and overall trends.
• Demographic information on all markets and submarkets
• Property, property owner, and leasing and ownership information
• Market surveys that identify viable lease and sublease alternatives
• Lease and sale comps
• Opinion of value


PORTFOLIO MANAGEMENT

We assist companies with multiple locations with evaluating their real estate positions in each respective market to uncover potential savings.

• Market benchmarking
• Lease management
• Notification date summaries
• Space utilization studies to maximize efficiencies
• Standard lease documentation
• Portfolio reviews
• Fair market value analysis
• Interior standards and finishes


SUPPORT SERVICES

Our market knowledge and in depth understanding of leases and investment properties enables us to reduce our client’s exposure and mitigate any financial impacts.

• Current and future space forecasts and analysis
• Lease negotiations and contract documentation
• Subleasing
• Asset repositioning
• Maintain a comprehensive database of local, regional, and national investors and developers.

Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings