The commercial real estate market in the Twin Cities has been dramatically affected by the COVID-19 pandemic, just like every other industry. However, amidst all the uncertainties […]
Blog
Summerhill Names New Vice President – Property Management
As Vice President – Property Management, Patrick effectively interacts with owners, tenants, and vendors in ensuring Summerhill Commercial’s properties are well-maintained and that each tenant is actively […]
Understanding the Difference between a Property Manager and a Landlord for Commercial Real Estate
When it comes to managing commercial real estate, there are two terms you might hear frequently – property manager and landlord. While both roles significantly impact a […]
Four Things to Consider When Researching Commercial Properties
Investing in commercial properties can be a remarkable way to grow your wealth, but it comes with challenges. Doing thorough research before sinking your funds into any […]
Understanding Modern Portfolio Theory in Commercial Real Estate Investments
Commercial real estate is integral to building and growing one’s portfolio in business and investments. A fundamental principle in building a successful portfolio is understanding the effects […]
Meet Eryn Bartels, New Property Manager
We are pleased to announce that effective April 17, 2023, Summerhill Commercial Real Estate, LLC has hired Eryn Bartels for the position of Property Manager. She will […]
Understanding Triple Net Leases (NNN) – Everything You Need to Know
If you’re looking to invest in commercial real estate, you’ll likely come across the term “triple net lease” or NNN. NNN leases are popular among commercial property […]
3 Myths About Commercial Real Estate Debunked
When it comes to commercial real estate, many myths are floating around. Misinformation can lead to bad decisions, so separating fact from fiction is essential. In this […]
Debunking Common Misconceptions About Commercial Real Estate Investment
Commercial real estate investment can be a lucrative business, but some everyday things could lead potential investors astray. This blog post will look at some of the […]
Downturns in Commercial Real Estate: What You Need to Know
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 […]
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 […]