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Joe Owen | Colliers | Minneapolis - St. Paul

Joe Owen

CCIM, SIOR

Executive Vice President

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About

Professional Summary

As an Executive Vice President for Colliers Minneapolis-St. Paul, I utilize my network of resources and multi-market collaboration to help clients make the most informed real estate decisions, both locally and around the globe. In the Twin Cities market, I focus on representing Industrial and Office Tenants.

I have learned the art of making the deal from the ground-up. I began my passion for real estate working as a construction laborer at 18 years old on the building of a new Super Target, graduated from the University of St. Thomas with a Commercial Real Estate degree, and now working the brokerage role for more than 15+ years. This experience has driven my love of the foundation behind structuring and negotiating a deal.

I have established processes that result in significant occupancy savings and space utilization for clients. I am a savvy, creative, and skillful negotiator that can be trusted to work on behalf of my clients. Companies are often put in sensitive situations and they know I’m a partner that is trustworthy, diligent, and will deliver successful results.

Accomplishments

I have been involved in the representation of tenants and owners in over 10 million square feet of leasing and sales transactions, with a total consideration of over $500 million.

2021 Bill Ritter Excellence in Brokerage Award Recepient - The  recipient of the Bill Ritter Excellence in Brokerage Award embodies what it means to be a trusted advisor. He or she puts the client first, is a steward of our Company, mentors others and enjoys the respect of his or her peers across the industry.

Awarded #1 Industrial Broker for Colliers Minneapolis for 2021

Member of Colliers Everest Club, Top 10% Producer (2021)

Awarded Colliers International Top 10 Producer of the Year for 2021

Awarded Colliers International Top 10 Producer of the Year for 2020

Awarded Colliers International Top 10 Producer of the Decade (2010-2020)

Awarded Colliers International Top 20% "Best of the Best"  (2017)

Education

Bachelor of Science, Commercial Real Estate, University of St. Thomas​

 

Memberships & Involvements

CCIM, SIOR, NAIOP, MNCAR, University of St Thomas Real Estate Alumni

Clients

Acist Medical Systems, Advanced Imaging Solutions, Agco Corporation, Alta Technologies, Biotest Laboratories, Cabela's, Carlson Companies, Cenveo Corp., Classic Provisions, Empirehouse, Inc., Free Spirit Publishing, Guardian Building Products, HD Supply, Heart Leaflet Technologies, Insulectro, LTI Flexile Products (Sentinel Capital), Mela Sales Manufacturing, MSC Industrial Supply, Parallel Technologies, Recovery Technology Solutions, Rubble Tile, Inc., SafetyCall International, Schneider Electric

Testimonials

"Joe, It is with appreciation and respect that I commend you for your recent work finding and negotiating on our behalf the purchase of a 27,000 square foot facility on 5 acres to relocate our Power Sports Operation.

Throughout the process of researching and evaluating properties, the high level of quality service and support we received from you was excellent.  During this process, you intently focused on our requirements, always ensuring that the properties would fit our needs. The transaction was complicated in the fact that you skillfully renegotiated our existing building lease on a short-term basis while simultaneously negotiating the new building purchase. This property gave us a chance to own rather than lease and will truly benefit our customers!

You always looked out for the best interest of our company as your expertise and counsel was invaluable to us. On behalf of everyone at Cabela’s, thank you Joe for your hard work to make this happen. We truly appreciate all the effort that went into finding and negotiating this property for Cabela’s. It is without reservation that I would recommend your expertise and the services of Colliers International.”

– Mark Nienhueser

VP Real Estate & Construction

 

Cabela’s, Inc.​

Services

Service Lines

Corporate Capital Solutions, Tenant Representation

Property Type

Industrial, Office, Land

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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Featured News

Nov 7, 2017

Baker Technology Plaza sale provides creative office opportunity

Baker Technology Plaza, the 5-building office-tech business park totalling 254,274 feet, has just sold after 15-years under the same ownership to new investors who have big plans for a significant reposition and a rebranding name change.
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