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Steve Nilsson | Colliers | Minneapolis - St. Paul

Steve Nilsson


Vice President

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Professional Summary

A 30-year veteran of the commercial real estate industry, I joined Colliers MN in 2007. I specialize in industrial sales and leasing, serving as a landlord, tenant and owner representative for clients across the greater Twin Cities metro area. My clients include Link Industrial Properties, First Industrial Realty Trust and Brennan Investment Group. I hold both SIOR and CCIM real estate designations and am licensed in Minnesota. Outside of work, I volunteer my time with Tee It Up for the Troops, the St. Thomas Academy CadetWorks mentorship program, and my daughter's softball team in the City of Mendota Heights. I currently reside with my family in Mendota Heights, Minnesota.

As a member of the Colliers MN brokerage team, I am completely focused on accelerating the success of my clients.


Significant Listing Assignments

  • Link Industrial Properties MN Portfolio, 2.0 Million SF listing including space in: Eagan, Brooklyn Park, Brooklyn Center, Burnsville, Crystal, Golden Valley, New Brighton and Roseville. 
  • Interstate North Distribution Center I & II, Brooklyn Park 
  • Centre Pointe Business Center, Roseville
  • For sale land listings in Mendota Heights
  • 6250 Ridgewood Road, St. Cloud, Minnesota: 545,000 SF industrial space for lease

Awards and Recognition

  • CoStar Power Broker Award for 2022 Cold Spring Brewing lease
  • Colliers Team Lead for leasing assignment of largest industrial real estate transaction to ever change hands in Minnesota: 2.0 million SF portfolio (2019 - YTD)
  • Best in Real Estate’s Lease Transaction of the Year, Mpls/St. Paul Business Journal, 2010
  • Industrial Transaction of the Year, MNCAR, 2006 & 2008

Community Service/Volunteering

  • Volunteer - Tee It Up for the Troops  (Sponsorhip Co-Chair, Mendakota Country Club Event 2015 - 2019)
  • St. Thomas Academy / Fort Snelling Cemetery clean-up crew - Annually
  • St. Thomas Academy - CadetWorks Internship  Program - Annually 
  • Baseball Coach - St. Paul (Highland Ball) Association  


  • Highland Catholic
  • St. Thomas Academy
  • University of St. Thomas

Memberships & Involvements

  • SIOR (Society of Industrial and Office Realtors)
  • CCIM (Certified Commercial Investment Member)


  • Americraft Carton
  • BFG Supply Company
  • Brennan Investment Group
  • Colder Products
  • Condor Corporation
  • Exchange Realty
  • First Industrial
  • Flint Group
  • Great Lakes Engineering
  • Harkraft
  • Hillcrest Development
  • IGT/Q-Tech
  • Interim Healthcare
  • Link Logistics Real Estate
  • LNR Property (Starwood)
  • NCI
  • North American Central School Bus
  • Patina
  • Rayco Construction
  • Sentinel Real Estate Corporation
  • Summit Fire Protection Co.
  • Upper Lakes Foods



Land Sales, Metro Sales, Project Leasing

Service Lines

Landlord Representation, Tenant Representation

Property Type

Industrial, Office, Land

My Team

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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