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Press Release

Press Release | Schultz Joins Industrial Brokerage Team

JOSEPH SCHULTZ JOINS PARAMOUNT REAL ESTATE CORP | TCN WORLDWIDE
AS LEASING AND SALES ASSOCIATE
MINNEAPOLIS, MN.  Paramount Real Estate Corp/TCN Worldwide, Bloomington, MN is pleased to announce the addition of Joseph Schultz to the Paramount industrial sales and leasing team.  He will be working with Philip Simonet and John Young, CCIM focusing his efforts on agency leasing, new business development and buyer/tenant representation in the southeast and northeast Twin Cities submarkets.
Joseph was born and raised a Minnesotan. He graduated from Saint Thomas Academy and attended college at Gustavus Adolphus College, where he earned a Bachelor’s degree in Economics with a focus in Economic Analysis.  He comes to Paramount with real estate experience while previously working as an intern at Cushman & Wakefield before joining Paramount.
In his spare time, Joseph enjoys watching sports, particularly the Minnesota Vikings, and spending time with family and friends.

Press Release | Young Represents Warners’ Stellian in Building Purchase

Minneapolis, Minnesota – Paramount Real Estate Corporation’s, John Young, Vice President of Sales and Leasing, represented Warners’ Stellian in their purchase of an 80,000 square foot industrial building in Minneapolis at 2601 Broadway Street Northeast. The building will house a new retail store and will be a main distribution point for various appliances sold by the company. Mr. Young helped Warners’ Stellian identify the building, negotiate for its purchase, secure approval from Minneapolis’ Planning Commission, and guide the company through its due diligence.
The building was home to Boyer Ford Trucks, who moved to another location in Minneapolis. Boyer did not need the large warehouse and wanted to right-size its operation. The building is located just east of Stinson Boulevard on the north side of Broadway. It has great visibility from I-35W and easy access from Stinson Boulevard and Industrial Boulevard.
Warners’ Stellian is a 60-year old family operated business specializing in appliance sales. They have nine retail locations across the Twin Cities. Their commitment to customer service is matched by their commitment to the environment. They recycle all of the packaging from the appliances and utilize more fuel efficient vehicles that automatically shut off after five minutes of idle.

Press Release | Borene Promoted to VP of Property Management

MINNEAPOLIS, MN.  Paramount Real Estate Corp | TCN Worldwide promotes Lisa Borene to Vice President of Property Management Services.  Lisa is responsible for providing asset and property management services for the Paramount property management portfolio.  Paramount management services include third party management of office, industrial, retail and flex properties and receivership services throughout the Twin Cities area.
“Lisa is highly respected and trusted by our property owners for her responsive and creative problem solving, understanding of critical operational issues, and sound real estate advice.  Lisa is a highly valued member of the Paramount team”, Principal Fred Hedberg said.
Lisa has been with Paramount as a Property Manager for 10 years.  Her property management efforts focus on providing exceptional service to tenants, contract negotiations, and budgeting, as well as implementing and improving tenant customer services.
Lisa has had an extensive career in commercial real estate.  Prior to working at Paramount, Lisa was employed by Regis Corporation and Caribou Coffee managing lease locations across the country.  Lisa brings years of experience, creativity, property knowledge, and a “can do” attitude to her tenants and property owners making her one of the Twin Cities’ premier property managers.
Paramount Real Estate Corporation is a Minneapolis/St. Paul based commercial real estate company specializing in representation, consultation, and property management services for individuals, corporations and institutional clients. Paramount provides creative solutions to complex commercial real estate transactions through knowledge, experience and innovation.

Press Release | Powell Named Broker of the Year 2017

MINNEAPOLIS, MN.  Paramount Real Estate Corp | TCN Worldwide named Nancy Powell, Vice President, Paramount’s “Broker of the Year for 2017”. 
“Nancy is a hardworking energetic professional.  She is highly trusted and respected by her clients for great communication and creative negotiation skills”, Principal Fred Hedberg said.
Nancy joined Paramount Real Estate | TCN Worldwide in 2006.  Her brokerage activity is focused on advising office and industrial building owners and corporations on how to maximize the return on their commercial real estate investment.  Nancy executes the plan that best achieves her client’s business objectives.  Through Paramount’s TCN Worldwide platform, she is able to provide brokerage services both locally and nationally.
Prior to working at Paramount, Nancy was employed by the Best Buy as a Real Estate Manager focusing her efforts on identifying and negotiating new stores as they expand into new markets.

Press Release | Hedberg & Young Represent Eden Trace Corporation

FOR IMMEDIATE RELEASE
Minneapolis, Minnesota – Fred Hedberg, Principal and John Young, Vice President of Paramount Real Estate Corp/TCN Worldwide recently represented MMC Property, LLC, a long term client, in the sale of the property located at 1400 Mill Lane, Waconia, Minnesota. The 98,688 square foot one story office-warehouse/manufacturing building includes 16.62 acres of land for expansion in the growing community of Waconia. The building is fully leased to one tenant.
The property sold for $4,350,000 and closed on September 27, 2017. Paramount also identified the Buyer, Eden Trace Corporation, a private investment entity from Minneapolis, Minnesota.
For more information on Paramount news, please see www.ParamountRE.com/news/.
Paramount Real Estate Corporation/TCN Worldwide is a Bloomington, MN based commercial real estate company that provides a full range of services including leasing, sales, property/asset management, project management, real estate development and investment services locally and throughout the United States.

Press Release | Powell Represents OffiCenters

Nancy Powell, Vice President of Paramount Real Estate Corp/TCN Worldwide recently represented OffiCenters with two real estate transactions.  Congratulations goes out to them for their grand opening of a new 17,500 square foot center in Minnetonka located at 12800 Whitewater Drive.  Additionally,  renewed and expanded their France Avenue location in Northland Plaza.  OffiCenters provides clients with a state-of-the-art innovative executive office and co-working space options.  Congratulations to the OffiCenters’ team for their success and exceptional locations, with 5 centers in the metropolitan area, their locally owned and operated centers are an easy choice for exceptional executive and virtual office solutions.
Paramount Real Estate Corporation/TCN Worldwide is a Bloomington, MN based commercial real estate company that provides a full range of services including leasing, sales, property/asset management, project management, real estate development and investment services locally and throughout the United States.
Press Release – OffiCenters 6-20-16 edit