SW Light Rail Train Industrial Property Commercial Realtor Services Launched

Christianson & Company Commercial Real Estate Services updated its range of professional services for industrial and office property sellers in Bloomington, Minnesota, and the surrounding area.

Christianson & Company Commercial Real Estate Services, a real estate agency in Bloomington, Minnesota, announced the launch of an updated range of commercial real estate solutions. Nancy Flicek is an experienced commercial real estate broker representing buyers and sellers of industrial properties along the SW and NW Light Rail Train.

More information can be found at https://www.spaceavailablemn.com

The newly launched commercial real estate solutions at Christianson & Company Commercial Real Estate Services aim to help industrial property buyers and sellers along the SW suburbs and the NW suburbs.

Securing the right industrial or office property is complicated, and working with a commercial real estate broker for one’s search can ensure a smooth and stress-free process.

Commercial real estate brokers have accurate market data since they continuously communicate with developers, investors, property owners, and tenants. Besides, they can help clients choose the most desirable options for their business.

At Christianson & Company Commercial Real Estate Services, Nancy Flicek can assist clients with commercial leasing, acquisitions, commercial sales, investment management, commercial property appraisals, market research and location analysis, negotiation, and many more.

The experienced real estate brokers have the knowledge and experience to help clients achieve the highest value possible for their real estate investments.

Nancy Flicek also has partners in many areas, such as accounting, legal, financing, architecture, management, and construction. Whether clients are looking to move to a new lease location or need help to find the right industrial property, the commercial real estate brokers can cater to their unique needs.

With the recent announcement, Nancy Flicek at Christianson & Company Commercial Real Estate Services is dedicated to helping clients capitalize on changes in the shifting commercial real estate marketplace to maximize their investments.

A spokesperson for the company said: “By bringing a vast amount of personal experience in the areas of commercial real estate leasing, investment and sales, we offer a unique and informed perspective to achieve results.”

“Three things that stand out when working with Nancy Flicek: expertise – accessibility, and integrity. Nancy has a strong work ethic and goes the extra mile to get the deal over the finish line”. -Brian Roers | Roers Investments

About the Minneapolis LRT System:

The Southwest LRT, called the Metro Green Line Extension, received its Full Funding Grant Agreement (FFGA) from the Federal Transit Administration (FTA) on September 14, 2020. Construction began in the winter of 2018 and will continue through 2022. Passenger service is expected to start in 2023.

The Metro Green Line Extension is a 14.5-mile line with 16 new stations serving downtown Minneapolis, St. Louis Park, Hopkins, Minnetonka, and Eden Prairie, passing close to Edina. In 2014, there were approximately 64,300 jobs within a half-mile of proposed stations and 126,800 jobs in downtown Minneapolis. By 2035, employment is expected to grow to 80,900 within a half-mile of the proposed stations and 145,300 in downtown Minneapolis -an 18 percent increase in employment. The population along the line outside of downtown Minneapolis is expected to grow by 56 percent from 2014 to 2025.

The LRT will be part of an integrated transitway system, including connection to the Metro Blue Line. The roughly $2 billion project is the largest infrastructure project in the state’s history. The Metropolitan Council and project partners fund it through a mix of federal, state, and local sources.

The Northwest LRT, or Blue Line Extension, ran into some challenges this year with the failed negotiations with the BNSF Railroad over an agreement to travel along their right-of-way. State and local agencies will now switch gears to a different route. The Blue Line Extension will service 13 miles northwest of downtown Minneapolis from Target Field Station through Golden Valley into Robbinsdale, Crystal Brooklyn Park.

The construction of a light-rail transit network in the Twin Cities has brought billions of dollars of commercial and residential development to the communities around the stations on the Blue and Green lines. According to estimates published by the Metropolitan Council, the population within a half-mile of the proposed stations is expected to grow by 56% by 2035.

Transit Developments help expand central business districts by improving walkability and livability of a dense downtown area. Not only can the expansion of a downtown through-rail fuel a city’s outward growth, but it can also help investors develop new commercial spaces in previously inaccessible areas.

Whether an area has a lack of parking or is located in a place where people do not shop or walk around as much, access to transit can transform an area.

Investors also can increase the value of their assets in an area with public transit access. As more mixed-use office buildings and industrial properties enter an area, the area’s desirability grows for both residents and businesses, as does the cost of living. People want to live where they can access amenities, and transit is a large part of that equation.

54% of area residents who currently do not ride transit say they would be “likely” or “extremely likely” to use a light rail system.

Denver, Salt Lake City, and St. Louis experienced 45% to 60% increases in public transit ridership once their light rail projects were completed.

Studies have shown that in large cities with rail transit in major corridors, congestion increases at a 42% lower rate.

The newly launched commercial real estate solutions at Christianson & Company Commercial Real Estate Services aim to help industrial property buyers and sellers along the SW suburbs and the NW suburbs.

Interested parties can find more by visiting the website mentioned above or accessing https://www.spaceavailablemn.com/page/our-mission and https://youtu.be/5Ij6o3ceC-Y

Release ID: 88987344