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Thomas Sullivan | Colliers | Minneapolis - St. Paul

Thomas Sullivan

Executive Vice President

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About

Professional Summary

Tom Sullivan joined Colliers in 2021 with 16 years of experience in commercial real estate. Tom focuses on developing new relationships with commercial property users and owners in the Twin Cities market  in addition to servicing existing clients.

Education

Before his career in commercial real estate, Tom was the Vice President of Sales and Customer Relations for a start-up company that provides vehicle donation programs to non-profit organizations. Tom also spent 14 months volunteering in Guatemala with Common Hope, a non-profit organization based out of St. Paul. Common Hope promotes hope and opportunity in Guatemala through education, health care and housing.

Tom is a graduate of St. Thomas Academy High School and St. John’s University. He earned a Bachelor of Arts degree in Management with a minor in Spanish and contributed to a successful football tradition as a running back for the Johnnies.

Memberships & Involvements

Tom is an active member of the Minnesota Commercial Association of Realtors (MNCAR) and Exchange Board member, and National Association of Industrial and Office Properties (NAIOP). He continues to be actively involved with Common Hope, serving on the Executive Board of Directors and volunteering his time to help with fundraising events. In 2009, 2018 and 2019 he served as the emcee for the organization’s Noche de Colores needs auction, which cumulatively raised $830,000. Tom also serves as a member of the St. John’s Alumni Association Board of Directors, is an active member in The Church of St. Therese of Deephaven Community (PPC, Land Use Committee, Oktoberfest, and Prepare Ministry), and loves coaching his kids' sports teams.

Featured Research

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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Apr 21, 2022

Q1 2022 Industrial Market Report Minneapolis-St. Paul

The Minneapolis-St. Paul Industrial market remains hot, although evidence of a cool down has begun to emerge. Positive trends include net absorption reaching 2.2 million SF further reducing vacancy to new historic lows.
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Featured News

Jan 12, 2022

Colliers Facilitates Sale of 83,000-Square-Foot Industrial Warehouse in Greater Twin Cities

High Demand for Industrial Product Spurs Rapid Year-End Closing
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