Menomonie, Wisconsin
Strategic Land Investment
Acquisition & Vision: Purchased 11.5 acres of agricultural land along I-94 in Menomonie, WI on 12/7/2014 for $100,000, recognizing its potential for commercial development.
Strategic Marketing: Marketed the site for 9 months, targeting commercial buyers while initiating the entitlement and approval process.
Successful Exit: Sold the property to Love’s Travel Stops on 8/5/2015 for $1,300,000.
Investor Outcome: Delivered a 335% annualized return over a 1.67-year hold period, demonstrating strong market insight and execution.
Columbus, Minnesota
Strategic Land Investment
Strategic Acquisition: Acquired 43 acres of land situated between I-35W and I-35E in Columbus, MN.
Site Complexity: Addressed development challenges including wetland constraints and access issues.
Value Enhancement: Completed wetland work to unlock development potential and enhance marketability.
Successful Exit: Sold the land and billboard signage for $3,520,000.
Investor Outcome: Achieved a 22% annualized return over a 10-year hold period, demonstrating long-term value creation.
Dayton, Minnesota
Mixed-Use Land Development
Strategic Acquisition: Acquired 76 acres across two transactions in Dayton, MN, targeting a mixed-use development opportunity.
Diverse Marketing Approach: Marketed the property to a broad range of users, resulting in five separate sales to different buyers.
Ongoing Value Creation: Retain approximately 8 acres, positioning for continued value growth and future returns.
Investor Outcome: Delivered a 54.17% annualized return over a 3.6-year hold period, with additional upside potential from remaining land.
Columbus, Minnesota
Land Development
Strategic Investment: Acquired a 45% interest in agricultural land along I-35 in Columbus, MN in September 2017.
Development Advancement: Led key development efforts including wetland delineation, concept planning, and utility planning to prepare the site for industrial use.
Targeted Marketing: Marketed the property to industrial users, resulting in the sale of 13.2 acres to one user.
Ongoing Ownership: Retain a 45% stake in the remaining acreage, preserving future upside potential.
Investor Outcome: Achieved a 73% annualized return over a 1.25-year hold period, highlighting effective value creation and exit strategy.
Cottage Grove, Minnesota
Land Repositioning
Opportunistic Acquisition: Purchased 12.95 acres of bank-owned land along Hwy. 61 in Cottage Grove, MN in December 2013, under a year-end deadline.
Value Enhancement: Repositioned and cleaned up the property to improve marketability.
Strategic Sale: Sold the site in March 2018 for $1,000,000 after targeted re-marketing efforts.
Investor Outcome: Generated a 161.63% annualized return over a 4.3-year hold period, showcasing strong repositioning and timing strategy.
Rogers, Minnesota
Land Redevelopment
Strategic Acquisition: Purchased 3.4 acres with a residential structure in Rogers, MN, located in the path of future development.
Interim Use: Rented the property for four years, generating holding income while planning for redevelopment.
Marketed for Redevelopment: Positioned the site for higher use and marketed it accordingly.
Successful Exit: Sold the property to Darkenwald Development in 2021 as part of a mixed-use project.
Investor Outcome: Delivered a 22.97% annualized return over a 3.92-year hold period, balancing income and long-term value creation.
Rosemount, Minnesota
Strategic Land Investment
Large-Scale Acquisition: Acquired 465 acres along Hwy 55 and County Road 42 in Rosemount, MN in December 2023 for $6.1 million (approx. $13,118 per acre).
Strong Market Interest: Received multiple offers exceeding $30,000 per acre shortly after acquisition.
Long-Term Strategy: Plan to hold and sell the property in phases, targeting a total exit value of $30 million+.
Investor Outlook: While returns are TBD, current market interest suggests the potential to double or triple the investment even in a quick-sale scenario.
Blaine, Minnesota
Industrial Investment
Strategic Investment: Acquired a 29.5% interest in Radisson Business Center, a 58,080 SF industrial/flex building at 3100 101st Ave NE in Blaine, MN.
Value Creation: Completed the project at a total cost of $10.2M, against a current valuation of $12.7M at a 6.5% cap rate.
Stabilized Income: The building is 100% leased to Waggle Golf and producing in-place cash flow ahead of projections.
Investor Outlook: Projected equity multiples of 2.0x to 3.0x, depending on a Year 3 to Year 7 exit.
Afton, Minnesota
Industrial Development
Strategic Investment: Acquired a 40% interest in Manning Business Center, a 124,460 SF industrial development at I-94 and Manning Ave in Afton, MN.
Built-In Value: Secured the 40% stake with $2.0M, compared with a $2.75M pro-rata share of equity, creating $750,000 of value at the start of development.
Leasing Momentum: Over 50% pre-leased on a triple-net basis ahead of mid-November 2026 completion, with multiple proposals out on the remaining space.
Investor Outlook: Projected equity multiples of 2.3x to 3.7x, depending on a Year 3 to Year 7 exit.
Oakdale, Minnesota
Industrial Land Development
Strategic Acquisition: Acquired a 50% interest in 36 acres at the northwest corner of I-94 and I-694 in Oakdale, MN.
Prime Location: The site sits at the interchange of two major east metro freeways, with direct access to the Twin Cities industrial market.
Strong Basis: The land basis is well below current market replacement cost, and the property is held free and clear with no debt.
Investor Outlook: Positioned for long-term value, with flexibility to develop or sell to end users.
Coon Rapids, Minnesota
Residential Lot Development
Strategic Investment: Acquired a 50% interest in a 29-lot residential development in Coon Rapids, MN.
Secured Exit: Put all 29 finished lots under contract with Lennar Homes at $122,500 per lot, for $3,552,500 in total proceeds.
Efficient Execution: Total development cost, including land, is approximately $2.55M, with the bulk sale projected to close in mid-November 2026.
Investor Outcome: Projected net profit of $1,002,500, a 39.3% return on invested capital.
