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Michael Gelfman | Colliers | Minneapolis - St. Paul

Michael Gelfman


Executive Vice President

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Professional Summary

Michael is an expert in tenant representation, owner representation and sales to investors and owners, concentrating primarily in the suburban Minneapolis market.

Since joining Colliers International | Minneapolis-St. Paul in 1999, Michael has completed more than 800 lease and sales transactions with a total consideration of more than $1 billion. Michael has consistently been one of Colliers’ top-producing office brokers (Everest Club) and CoStar Power Broker and is a past recipient of the MN Commercial Association of Realtors - Lease Transaction of the Year, awarded to him by industry peers.

Michael works hard to cultivate lasting relationships with his clients by developing customized solutions for them. His clients know they can count on him to provide exceptional real estate services based on his thorough understanding of their business objectives. His vast experience in the market and the relationships he has developed give Michael first-hand knowledge to smoothly guide his clients through the transaction process – from market analysis and economics to the eventual lease or sale negotiation.  


2021 - Colliers Minneapolis | St. Paul Top Office Broker

2020 - MREJ Broker Pivot of the Year Award 

2017 - MNCAR Office Transaction of the Year Award

2017 Everest Club Award (award given to the top 10% of Colliers brokers In North & South America)

2017 Colliers Minneapolis | St. Paul Top Office Broker

2017 - 2020 Board of Directors: Minnesota Commercial Association of Realtors (MNCAR)

2011-2018- CoStar Power Broker Award - Top Office Leasing Broker

2013- Earned SIOR Designation

2007-2010- Executive Board Member and Chair, Public Relations;

Minnesota Commercial Association of Realtors (MNCAR)

2007-2010 Board of Directors: Minnesota Commercial Association of Realtors (MNCAR)

2008- Arbitration Board Member, Minnesota Association of

Realtors (MNAR)

2004- President, Minnesota Commercial Property

Exchange (MCPE)


University of Minnesota- Twin Cities

Memberships & Involvements

MNCAR, Minnesota Commercial Property Exchange (MNCPE)


Altus, Colony Capital, Inc., Equus, Sidal Realty, Post Holdings/Michael Foods, GE Commerical Finance, Edina Realty, Digineer Inc., Travel Leaders Group, Hamline University, Investcorp, Teachers Insurance and Annuity Association, US Compliance


"Michael, It has been great working with you. You have made our many real estate quests go down with ease, using your wonderful professionalism to navigate all the intricate pieces of each of the transactions. Thank you for all of your help and perseverance. We couldn’t have gotten to where we are today without your guidance, expertise and caring."

Myra Giesner, CFO/COO Minneapolis Jewish Federation


“Mike performed superbly in guiding us through a challenging office space resizing and relocation process. He helped us explore a wide variety of different sizing and building alternatives and provided us with valuable market and space insights each step of the way. Our project was successfully concluded with new space optimized for our design objectives and with a significant reduction in cost. Based upon our experience I can highly recommend Mike and his team for any lease renewal or office relocation project.”

Top qualities: Great Results, On Time, High Integrity
Kevin Mitchell, President & COO  – OPIN Systems


“If I had another corporate move, there is no one I would call other than Mike and Kevin. From beginning to end, they understood our culture, our finances and our need for a seamless transition to new space.  They were responsive, provided us with choices and worked with us to make the right choice and the best possible terms.  Incredible as it may sound, we had a very pleasant experience searching for and moving to new office space and Mike and Kevin made that happen.”

Bob Brill – General Counsel, Travel Leaders Group




Area Development, Asset Resolution Services, Building Consultancy, Business Development, Consultancy Services, Corporate Transaction and Portfolio Management, Design and Build, Development Consulting, Financial Analysis, Ground lease, Healthcare, Investment Properties, Law Firm Services, Lease Advisory, Life Sciences, Metro Leasing, Mixed-Use Properties, Operational real estate, Portfolios, Project Leasing, Project Marketing, Property and Project Finance, Property Tax, Public Relations, Receivership, Transactions Services

Service Lines

Landlord Representation, Tenant Representation, Occupier Services, Capital Markets

Property Type

Office, Healthcare

Featured Research

Jan 6, 2023

Minneapolis St Paul Office Market Report Q4 2022

The True Cost of WFH - Declining Building Revenue May Shift Tax Liability to Homeowners
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Nov 1, 2022

Minneapolis St Paul Office Market Report Q3 2022

Since the onset of the pandemic, most employers took a wait-and-see strategy hoping time would yield clarity.
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Jul 15, 2022

Q2 2022 Office Market Report Minneapolis St Paul

Overall, during the second quarter, the market witnessed a decline in demand with the exception of premier Class A space. Newly built, newly renovated or spec suite spaces account for virtually all new leasing. Smaller users still are dominating activity while larger users continue to right size as they renew. Overall the Twin Cities office market saw nearly a half million square feet of negative absorption.
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Featured News

Feb 16, 2018

MNCARs 2017 Top Brokers Award Ceremony

Colliers International | Minneapolis-St. Paul is pleased to announce that Senior Vice President’s Kevin O’Neill and Michael Gelfman took home the award for Top Office Transaction for their representation of landlord Colony NorthStar in the U.S. Bank lease at Excelsior Crossings
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Feb 13, 2018

The Evolution of the Open Office Concept

Over the past several years, as office rents have been steadily increasing, companies have been looking to save overall operating costs, not just rent.
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