Phil Simonet
EXPERIENCE
Phil specializes in the sales and leasing of industrial properties. Over the years, he has earned the loyalty and trust of his clients, many of whom have relied on him time and time again. Through hard work, perseverance and integrity, Phil has earned a reputation as an honest, loyal and creative professional, who possesses both a sense of humor and great industry wisdom.
Phil has developed extensive and longstanding relationships with brokers, owners, developers and many users of space. This network of contacts gives his clients a rare level of access to market information. He has worked with many major corporations and owners including 3M, Imation, Dow Chemical, UPS, Rorke Data (Avnet), First Industrial Realty Trust, Investors Real Estate Trust, Opus, and Wellington Management, Inc. Over the years, corporate and landlord clients alike have depended on and benefited from his experience, expansive market knowledge and integrity.
In 1988, Phil began his real estate career at KOLL (formerly The Shelard Group) where he represented local and national clients. His primary focus is on the sale and leasing of industrial properties and the representation of users, owners, developers and investors in the acquisition and disposition of commercial real estate.
After eight years at KOLL, Phil joined with Fred Hedberg in 1996 to form Paramount Real Estate Corporation. Their common philosophy led to the creation of one of the most highly respected commercial real estate companies in the Twin Cities. In 2021, Paramount merged with Excelsior Advisory to form Forte Real Estate Partners, LLC. Phil serves as Principal of Forte and leads the Industrial Advisory Division.
EDUCATION
INTERESTS
AFFILIATIONS
TESTIMONIALS
“The Forte Real Estate Partners industrial team-Phil Simonet, Joe Schultz, Jack Buttenhoff, and John Young was our trusted partner throughout the sale of our property, which resulted in an outstanding experience. Selling real estate during a pandemic is not ideal. The Forte Team made it seem like business as usual.”
"Forte found us a great location with the type of image and rent we wanted and did a great job negotiating the lease for us. We would hire them again and recommend others hire them too!"
NEWS & UPDATES
Forte represents Hohenstein’s in disposition and acquisition of HQ properties
NEWS POSTForte represents Hohenstein's in disposition and acquisition of HQ propertiesPhil Simonet, Principal, and John Young, CCIM, Vice President at Forte, advised Hohenstein’s Inc. on the sale of its headquarters, an 86,492 sq. ft. industrial building on 7.5 acres...
Q4 2023 Minneapolis-St Paul Industrial Market Summary
MARKET INSIGHT POSTQ4-2023 Minneapolis-St. Paul Industrial Market UpdateForte Principal, Phil Simonet, provides insight to the Twin Cities industrial market report recently released by MNCAR/REDI. The Minneapolis/St. Paul industrial market remains active and healthy...
Forte continues to lease up Lexington Corporate Center with 30,000 sq. ft. tenant
CASE STUDYForte continues to lease up Lexington Corporate Center in Eagan with 30,000 sq. ft. tenantOverviewMeritex, a Twin-Cities based CRE investment company, was looking for off-market acquisition opportunities in the south metropolitan area, and asked Phil...