Real estate is generally a top expense or asset for any business. Whether it is through owning and maintaining, or renting space, real estate is a significant line item in any balance sheet. Lake State Realty is a full-service commercial real estate firm with the expertise, market insight, and wide breadth of knowledge to help you maximize your real estate investments and bring your business vision to life. Since 1991 we have provided expert appraisal, consulting, and brokerage services to clients ranging from startups to larger companies and corporations.
Appraisal
As Minnesota’s leading commercial appraisal firm, Lake State Realty can handle all types of appraisals for businesses. Our background and experience in real estate valuation are significant and broad-based. There is little that we cannot do. We offer a full suite of commercial property valuation and appraisal services for a wide range of property types.
- Neutral Appraisals
- Pre-Listing Appraisals
- Expert Witness Testimony and Litigation Support
- Special Assessment Benefit Valuation
- Property Tax Appeal and Abatement
- Estate Planning Appraisals
- Eminent Domain and Condemnation Appraisals
- Easement Appraisals
- Divorce and Dissolution Appraisals
- Appraisal Reviews
Consulting
The real estate experts at Lake State Realty can help you turn critical and complex real estate issues into opportunities for growth. From business owners to investors to corporate boards, we offer the experience, knowledge, and strategic planning that will help you to make better decisions. If you have a real estate problem that doesn’t require appraisal-specific services, we offer many services as a real estate consultant.
- Site Selection
- Rental Rate Studies
- Portfolio Evaluation
- Market, Feasibility, and Highest and Best Use Studies
Brokerage
Buying and Selling
As experts in the buying and selling of commercial real property, Lake State understands the complexities and challenges you face when making a real estate decision. Whether you are looking to sell a commercial property, add another to your portfolio, or this is your first foray into commercial property ownership, you want a skilled real estate professional on your side. The expert commercial brokers at Lake State Realty have unparalleled market knowledge and connections. With our vast experience in real estate valuation and trends, we are best positioned to assist you with purchasing and/or selling your real estate holdings. Our market knowledge is second to none. We have experience representing buyers and sellers of a wide variety of property types including retail strip centers, offices, industrial space, and medical.
Landlord Representation
If you are a landlord and are facing the prospect of a vacancy, that can be a difficult and stressful situation. With Lake State Realty on your side assisting you, not only will your space lease, it will lease for top dollar. We are experts at attracting top tenants to your property. From market analysis to marketing to tenant pre-qualification and selection to lease negotiation, we do it all! Lake State Realty has assisted owners of industrial, retail, office, and medical/dental space with their leasing needs.
Tenant Representation
As a tenant, every so often you are faced with the same problem when your lease is set to expire: should I stay or should I go? We pride ourselves on providing world-class service to tenants. Our team of caring tenant representatives understands that our business is a people business. We take the time to understand your business and situation to help you make an informed decision. Whether it is retail, industrial, medical, or office, we have done it all!
