News

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TEG Purchases Industrial Building

July 10th, 2014|

The Excelsior Group, on behalf of Opportunity Partners Fund III, purchased a 297,756 square foot industrial building with 24’ clear height located at 22000 Industrial Blvd. in Rogers, MN. The building sits on 13.82 acres along the south side of Interstate 94. […]

TEG Sells Former Denny Hecker Dealership

July 7th, 2014|

The Excelsior Group, on behalf of Opportunity Partners Fund II, announced today that they have sold the former Denny Hecker car dealership located at 12969 60th Street North in Oak Park Heights.

The 7.8-acre property, located at the corner of Highway […]

Excelsior Capital Hires Jay Schoo

May 30th, 2014|

The Excelsior Group (TEG) is proud to welcome, Jay Schoo, as Vice President. Jay’s primary focus is to cultivate relationships with local home builders seeking predictable and seamless access to capital for their businesses. He is responsible for the development […]

Jamie Korzan Joins TEG

April 3rd, 2014|

The Excelsior Group is proud to welcome, Jamie Korzan, MBA, as Property Manager.  Jamie is responsible for overseeing the management of TEG’s commercial portfolio including client, tenant and vendor relations; bidding and managing service contracts; preparation of monthly operating reports; […]

Joe Boone Promoted to VP

April 3rd, 2014|

The Excelsior Group is proud to announce that, Joe Boone has been promoted to Vice President.  Joe is responsible for the acquisition, management, and disposition of assets for investment funds affiliated with TEG.

Prior to joining TEG, Joe was an Associate […]

2013 Best New Development: 222 Hennepin

December 13th, 2013|

At the turn of the 21st century, there were zero (0) grocery stores in Downtown Minneapolis. Today, there are three. A couple months ago, Ryan Companies completed 222 Hennepin, a full-block development at the corner of Hennepin and Washington Avenues, […]

Introducing Excelsior Capital

December 11th, 2013|

In an evolving market, access to capital is a key cornerstone in your home building business.  Excelsior Capital, LLC is a lender, investor and developer focused on creative capital solutions for the local home builder.  No single opportunity is the […]

TEG Purchases 2300 Berkshire Lane

November 27th, 2013|

The Excelsior Group (TEG) purchases 2300 Berkshire on behalf of Opportunity Advisors, a fund managed by Eden Prairie-based TEG.

2300 Berkshire Lane is a 245,000-square-foot, fully occupied building.  Opportunity Advisors, a fund managed by Eden Prairie-based Excelsior Group, closed on the […]

Deal Clears Way for Whole Foods

September 30th, 2013|

The development will be a big change for St. Paul’s Snelling-Selby area.

A key piece of an ambitious development anchored by a Whole Foods store that will redefine St. Paul’s Union Park neighborhood has fallen in place.

The Getten Credit building on […]

Whole Foods Residential Project Debuts

August 28th, 2013|

With hundreds of upscale apartments being constructed in downtown Minneapolis, we thought it would be interesting to share the results of a recent tour of one signature project. Called 222 Hennepin, the $70 million mixed-used project is anchored by a Whole […]