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.
“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
Macro-Economic Trends Reshape Supply Chain, Positively Impacting Industrial Real Estate By: Phil Simonet, PrincipalWhile some sectors of commercial real estate are challenged following the pandemic and an anticipated recession, industrial real estate has been...
HYBRID IS THE NEW NORMAL IN THE OFFICE ENVIRONMENTSignificant ChangeThe office market in the Twin Cities and across the United States has experienced significant change since the beginning of the pandemic. Understanding what has changed and how that may impact your...
Project managementA case studyProject ManagementProject Manager, Owner's Representative (Rep), or Construction Manager are all terms used to describe a person or company that works on behalf of clients to execute their commercial real estate relocation or renovation....