Interstate Development is a ‘tenant service’ driven commercial real estate development and investment company, focused on delivering flexible, entrepreneurial and best-in-class service to meet the operational and financial needs of its tenants.
Interstate [Development] Partners was formed in 2000 to acquire, develop, lease and manage commercial real estate. Interstate has developed and acquired over 6,500,000 square feet within the last 15 years, including industrial, retail, medical, office and special use. Interstate’s Minnesota office rebranded to Interstate Development in 2015 and currently owns and / or manages approximately 2,000,000 square feet of space, with an estimated asset value of $180,000,000.
Interstate Development funds their investments with its own equity as well as through numerous relationships with institutional and individual investors.
Interstate Development is active in new construction development, both on a build-to-suit and a speculative basis.
Interstate Development acquires stabilized industrial, retail, medical, office and special-use assets.
Interstate Development actively acquires value-add buildings, both on a portfolio and single-property basis.
