Wellington Management, Inc. (WMI) has thirteen licensed commercial real estate brokers on staff. This group handles approximately 150-175 lease transactions annually. These leases comprise an annual total of approximately 1,000,000 sf. of space, most of which is located in properties managed by WMI.
WMI's experienced and talented brokerage group is successful for several reasons:
- Their efforts are focused. 100% of WMI's portfolio is located within the seven county Twin Cities metropolitan area. We know our market and stay in close touch with tenant prospects;
- We cover office, retail and industrial sub-markets. We are not limited to a narrow product type, but rather maintain familiarity with a wide range of retail, commercial and industrial companies;
- We have a three-pronged market approach-1) Our leasing signs are everywhere. Wellington Management, Inc. has extensive exposure throughout the metro area; 2) We list 100% of our properties on proprietary web-based exchanges. MnCAR, LoopNet and CoStar are examples; 3) We are broker friendly. All of our agents network regularly with other commercial real estate professionals and encourage lot of cross-referrals. We welcome tenant rep brokers and work collaboratively wherever possible.