On Friday, May 4, 2018, Gaughan Brokerage Senior Associate, Tom Opsahl, participated on a panel for the 14th annual Land Development Conference. This conference is hosted yearly by the Minnesota Real Estate Journal at the Golden Valley Country Club.
The topic of Opsahl’s panel was “Commercial Land Development Forecast for 2018 and Beyond.” The panelists discussed the current market conditions, development project updates for 2018, challenges with land development, financing for development projects, and the future of development.
The other four sessions at this year’s conference were “Municipalities: Your Partner for Land Development and What You Need to Know,” “Key Issues to Consider When Structuring Real Estate Joint Ventures,” “Frontiers: Lessons in Greenfield Development,” and “Residential Land Update and Opportunities.” We look forward to next year’s conference and the updates that we will be hearing based on the sessions this year!
Tom Opsahl joined Gaughan Companies in November of 2016 as a Sales & Leasing Associate. Earning his real estate license in 2002, he brings a wealth of commercial real estate knowledge and experience to our team. Opsahl is currently working with a local family in Prior Lake to sell their 495-acre historic property, as well as another 500-plus acre contiguous property in the Lino Lakes-Blaine area.
If our team can assist you with your Commercial Real Estate needs, please contact us at 651-464-5700 or firstname.lastname@example.org.
In a recent article, the Prior Lake American covered the sale of a 495-acre listing, owned by a local family in Prior Lake, Minnesota. While the details of how the land will be divided are not complete, the number of interested buyers continues to increase.
“So far, it’s been a combination of out-of-state and international-type investors, local investors, and everything in between,” Tom Opsahl said. “It’ll be really interesting to see over the next 12 months how it turns out.”
For more information about this and other listings, contact Gaughan Senior Brokerage Associate Tom Opsahl at 651-255-5569.
Gaughan Companies was recently selected to list 495 acres of land in Prior Lake, Minnesota. This historic property has been owned by the same family since before the Civil War. Zoned for residential, commercial, mixed use, and located only 20 minutes from Minneapolis, this land is in the optimal location for development. We are honored to be entrusted with this monumental listing and look forward to bringing phenomenal new development to Prior Lake!
For more information visit http://bit.ly/2AcKgUF