Phil Simonet

Phil Simonet




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 Forte Real Estate Partners.



Phil earned a Bachelor of Science from the University of St. Thomas with a double major in Economics and Business Finance.


  • MNCAR – Minnesota Commercial Association of Realtors
  • NAIOP – National Association of Industrial and Office Properties
  • TCN Worldwide
  • Minnesota Chamber of Commerce


“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.”

– Owner, Machine Tool Supply Co.

"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!"

– Art Miller, Owner


Joe Jetland Press Release

Joe Jetland Press Release

PRESS RELEASE: Forte Real Estate Partners, LLC hires Joe Jetland as Senior Associate of Real Estate AdvisoryMinneapolis, MN (June 1, 2022) - Forte Real Estate Partners, LLC is pleased to announce the addition of Joe Jetland as Senior Associate of Real Estate Advisory....

Case Study: 120,000 SF Industrial Building Sold in St. Paul

Case Study: 120,000 SF Industrial Building Sold in St. Paul

Case Study120,000 sf Industrial Building Sold in St. Paulexecutive summaryThe Forte Real Estate Team successfully sold a 120,000 square foot industrial building in St. Paul’s North End. The transaction was complicated by multiple offers, environmental concerns, and...

Leasing Space or Buying A Building?  Plan Early.

Leasing Space or Buying A Building?  Plan Early.

Leasing Space or Buying A Building? Plan Early.   The nation’s most recent Covid-19 induced economic recession was brief, yet impactful.   In a variety of ways, it altered our daily lives; by the way we consume, communicate, and the way we work.  We now have...