Construction Today Profiles The Excelsior Group

October 21st, 2015|

With the subprime mortgage crisis only a few years away, 2005 was not the ideal time to found a real estate firm. But as the housing market limped along during the Great Recession, nimble startups such as The Excelsior Group […]

The Excelsior Group Hires Paul Gibbs as Vice President

September 14th, 2015|

The Excelsior Group is proud to announce the recent hiring of Paul Gibbs. As Vice President for the Real Estate Advisory Team, Paul is responsible for providing tenant representation services as well as sourcing acquisition opportunities.

Previously, Paul worked at Cushman & […]

The Excelsior Group Hires Tom Tracy as Vice President

July 22nd, 2015|

The Excelsior Group (TEG) is proud to announce the recent hiring of Tom Tracy. As Vice President for TEG, Tom will create and execute strategic plans for office-related investments including leading the development of office buildings at West End.
Prior to […]

Excelsior Group Joining West End Development

June 12th, 2015|

Fresh off its purchase of the Parkdales office complex in St. Louis Park, The Excelsior Group has reached a deal to buy a seven-acre office development in the West End mixed-use district to develop up to 700,000 square feet in […]

Whole Foods-anchored Apartment Complex in Downtown Minneapolis Sells for Record Price

April 2nd, 2015|

222 Hennepin, the luxury-apartment and retail complex in downtown Minneapolis that contains a Whole Foods store, is selling to Weidner Apartment Homes.

The $109 million deal closed Tuesday afternoon, Ryan Cos. US Inc. said in a statement.

The price for the property […]

Parkdales Office Park Sold for $40M; Major Facelift Planned

March 27th, 2015|

An entity owned by Excelsior Group and Goldman Sachs & Co. is expected to close on its $40 million acquisition of The Parkdales office complex in St. Louis Park Wednesday.
The new owners plan to spend between $7.5 million and $12.5 […]

Excelsior Group to Manage SouthView Gables Apartments

January 30th, 2015|

The Excelsior Group has been awarded a third party management contract at SouthView Gables Apartments in Inver Grove Heights, Minnesota. In addition to managing the property, The Excelsior Group will act as construction manager overseeing significant capital improvements over the […]

MHA Honors 222 Hennepin Apartments at the 2014 MADACS Gala

October 8th, 2014|

The Excelsior Group is proud to announce that 222 Hennepin won Best Model Apartment and Best Overall Marketing Campaign at the Minnesota Multi Housing Association’s (MHA) 2014 Multi Housing Achievement  in Design, Advertising & Community Support (MADACS) Gala in September.

Best Model […]

222 Hennepin Wins NAIOP MN Award of Excellence

October 8th, 2014|

Ryan Cos. US Inc. and The Excelsior Group won the NAIOP Minnesota Award of Excellence in the mixed-use category for 222 Hennepin, a 286-unit market-rate apartment building anchored by a Whole Foods store in downtown Minneapolis. The six-story building was […]

Jim Jetland Starts Excelsior Brokerage on TEG Platform

September 17th, 2014|

Jim Jetland, a Twin Cities commercial real estate broker, and The Excelsior Group, LLC announced today the formation of Excelsior Brokerage, LLC.

Excelsior Brokerage, LLC has been formed by Jim Jetland, a 30 year veteran of the industry. The company will […]