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Erik Nordstrom | Colliers | Minneapolis - St. Paul

Erik Nordstrom

Associate

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About

Professional Summary

As an Associate at Colliers International | Minneapolis-St. Paul, I specialize in the industrial market of the Twin Cities, focusing primarily in the booming northwest submarket.  I represent a wide range of clients, including tenants, landlords, buyers and sellers, and assist both entrepreneurs and institutional owners.

Clear communication and understanding is key to accomplishing success. Since I represent a large variety of clients, from small to large, a vital part of my process is listening and asking the right questions to completely identify client’s needs. I enjoy helping my clients identify the bigger picture and am highly motivated by their satisfaction.

Cultivating and fostering career long relationships has been the cornerstone to success in my work. My relationships and my dedication to obtaining market knowledge is what gives me pride in my work. I also  pride myself on my ability to roll up my sleeves and dig into the details while working hard to help my clients accomplish their objectives. From start to finish, I navigate my work with dedication and tenacity.

Education

University of St. Thomas

B.S. Real Estate Studies

Services

Service Lines

Landlord Representation, Tenant Representation

Featured Research

Jan 6, 2023

Minneapolis St Paul Industrial Market Report Q4 2022

Amidst recession, landlords seek insulation by reverting to longer lease terms.
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Nov 1, 2022

Minneapolis St Paul Industrial Market Report Q3 2022

In recent years, forward sales of industrial developments were not uncommon. Such sales had the effect of de-risking development from traditional considerations around fluctuating interest and cap rates. Given the rising interest rate environment, forward sales will become rare in quarters ahead. This will be a headwind to some merchant developers. Some will welcome this development as a way to help cool the market while, simultaneously, it could constrain an already supply constrained market.
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Jul 15, 2022

Q2 2022 Industrial Market Report Minneapolis-St. Paul

Despite Amazon publicly announcing they’d contract by 40 million square feet across the US, the industrial market, including 3PL’s, remained robust. Absorption during the first half of the year totaled roughly 4 million square feet -- almost exactly in line with construction deliveries of the same amount. The pace of construction is still picking up with 5 million square feet being built right now.
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