Minneapolis

GET TO KNOW OUR TEAM: Jeff LaFavre

We at IAG Commercial Real Estate are a team. We work closely together and support one another in order to provide a comprehensive solution for our clients. We thought you might to know our team a little better.  After all, we are not JUST about work!

 Jeff is a former D1 middle distance runner, which has helped him go the extra mile for our clients. As he describes himself to his children, “I was a poor middle distance DI runner!” These days Jeff enjoys a round of golf with clients, made better with a frozen Snickers around hole #12. He also enjoys being a sports spectator of many sports but especially the Vikings and the MN Gophers basketball team.  Jeff enjoys gaining new clients and tackling complex real estate challenges. He enjoys new relationships and helping people excel in their careers. He especially enjoys  commercial real estate because it involves creatively solving tangible problems for clients.  Throughout the majority of Jeff’s 28 year career, his focus has been working with end-users typically based  in the Midwest.  He has worked  on every continent for these clients to help them find 500-1,000,000 sq. ft. of space. This includes industrial, office, land and some retail space, for our medical and financial related customers. 

On behalf of his clients, he has closed several hundred transactions through the years. For Jeff, the best part is the feeling you receive when a client says “thank you, I could not have solved it without your help!"   He enjoys the feeling of sincerely helping our clients do something that would have been difficult for them to achieve on their own.

Besides sports, he enjoys spending time with his wonderful family, serving on professional association and non-profit  and community boards and being involved with his local church.  He and his wife, Maxine, have two children. Their favorite vacation spot is Hawaii, but they enjoy traveling the world. (Jeff does anyway.  For Max, a beach and sunshine is all she needs!)  Jeff’s vises are ice cubes and graham crackers and if he could be a super hero he would be Flash Gordon. As a former runner he wishes he could move that fast!

Favorite Commercial Real Estate Success Story:

There are many that I have enjoyed along the way.  One of my favorites is representing Ecolab in purchasing the former, approximately 500,000 sq. ft. Cray Research H.Q. in Eagan, MN and then representing Travelers, a number of years later, in selling their 485,000 sq. ft. high-rise St. Paul office building to Ecolab for a new H.Q..  It was a small world kind of thing, separated by at least eleven years.

What Does an Amazon HQ2 Mean to MSP?

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We have all heard the numbers, $5 billion dollars, and 50,000 new jobs. It has enticed 238 cities and regions around North America to put together proposals luring the economic giant. Greater MSP has a lot going for them in the selection process. They are worthy cities for development, innovation, and industry. The transportation system is great, constantly improving and could meet the demands the Amazon HQ2 would bring. They are also home to 17 Fortune 500 companies in diverse industries. 

Proposed locations include Minneapolis both in Downtown and the Northloop, the former Ford plant site in St. Paul and an undisclosed location in Maple Grove. All of these places provide Outstanding opportunities for Amazon. The Twin Cities rank high in national reviews of best places to live. The cost of living to average salary makes the area very affordable. The Twin Cities also has great schools. Our lowest performing schools are doing better than many acceptable schools nationwide. 

Combined with our quality educational system, we enjoy a top ranked “quality of life” measured through a number of criteria. Our parks and trails provide  easy access to outdoor enjoyment. Minneapolis is consistently ranked the most “bike friendly” city in the country and St. Paul is following closely behind. Mass transit is becoming a new-found strength for the area and current approved plans will only make it better in the years to come.  

The Minnesota’s economy was built on people who value education and the outdoors. This has not changed over the years and  Minnesotan’s still value these strengths. This focus will continue to provide a strong workforce that is well-educated with a passion for the environment. This could be an attractive opportunity for Minnesota. We believe  it is an even better opportunity for Amazon.

 

Our Summer at IAG Part IV

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There are three more clients whose deals we would like to celebrate before summer slips away into sweatshirt weather and school buses.

Plus Center is dedicated to helping children with motor disabilities realize their unique and amazing potential. We renewed and expanded Plus Center by 2,331 square feet. We are thrilled to help them increase their capacity to help children and young adults.

We were able to renew a lease for Xantel. Xantel, Inc. offers enterprise resource planning system for Fortune 500 companies, small companies, start-ups, and large and mid-sized companies.

We were all able to renew a lease for Avada Hearing Care Center. Avada Audiology & Hearing Care equips every hearing aid instrument specialist with the best hearing aids and latest digital hearing aid technology.

We are proud of our clients and all they do to impact the community. We are happy to help them do what they do best, by doing what we do best.

Our Summer at IAG Part III

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Youthlink has been a partner of IAGs for several years. Working to help homeless and at-risk youth is a passion for our company. We have added another layer to our partnership with Youthlink this summer. David Buckman has been hired by Youthlink to provide construction project management of the remodel and expansion on their Minneapolis location. We are excited to help our friends and partners reach their commercial real estate goals.

Living our Mission

Our company president, Jeff LaFavre, is putting words into action. As part of an ongoing relationship with youthlink, an organization that serves homeless youth, Jeff will be sleeping out to raise funds. The event is called Night of Hope. That is the goal of this event, to bring hope to the homeless youth of Minnesota. Youthlink provides resources to help homeless youth get education, eligible government assistance, support groups and more. Please partner with Jeff as he lives out the IAG mission of serving our community. 

https://www.givemn.org/project/night-of-hope-jeff-lafavre5768427c0e2c6