Tom Palmquist


Senior Vice President

Tom Palmquist

About

Professional Summary

As a Senior Vice President of Retail Brokerage at Colliers International | Minneapolis-St. Paul, I assess the needs and objectives of real estate owners, investors and retailers, securing solutions to maximize their real estate goals. I am active in Landlord and Tenant representation, Investment Sales, as well as Land assembly and disposition. My primary region of influence is the Twin Cities metro market, with expertise in outstate Minnesota and the surrounding upper Midwestern states.

Following a four year stint in Department Store operation and sales management, I began my work in the real estate industry in 1987. Throughout my 30+ year tenure in real estate, I’ve led project teams through all aspects of the retail brokerage, asset management and property development process. This includes implementing effective marketing materials and process, site selection and acquisition, constraint analysis and due diligence, securing municipal use approvals and documentation, design and construction coordination, financial analysis and valuation, project budgeting, and lease or sale negotiation and contract administration. Notably, in the last three years I’ve been instrumental in leading the brokerage initiative for the Hy-Vee grocery store expansion into the Minneapolis-St. Paul market, to include the opening of eight stores with five additional sites entitled and acquired, and multiple additional sites to follow.

Diplomacy, attention to detail and a diverse skill set are key qualities that have fostered my success and enabled me to build lasting relationships with some of the biggest names in the commercial real estate industry. Additionally, I’ve established a reputation of solid integrity, and I strive to create solutions that generate the greatest success for all stakeholders.

Services:

  • Brokerage: Landlord Representation
  • Brokerage: Tenant Representation

Property Type:

  • Retail

Education:

Bachelor of Science in Business,
Carlson School of Management,

University of Minnesota
MBA, Carlson School of
Management, University of
Minnesota

Memberships & Involvements:

NAIOP, X-Team, ICSC, MSCA, MNCAR

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