Mortenson

About Mortenson

Mortenson is a real estate operator headquartered in Minneapolis, MN. Mortenson operates in Buffalo, New York, Chicago, Illinois and Denver, Colorado. Its investment focus is on Data Centers, Hospitality and Industrial.

Mortenson is a U.S.–based construction and real estate development company founded in April 1954. It operates with offices in more than a dozen U.S. cities, including Minneapolis (headquarters), Chicago, Denver, Phoenix, Seattle, and others. Over the past decade Mortenson’s real estate development arm has developed more than 8 million square feet of property, valued at over US$2 billion. Its investment and ownership arm, Mortenson Properties, holds a portfolio of approximately 6.8 million square feet, with over US$960 million in assets under management and about 300 acres of developable land. Mortenson focuses on multiple real estate sectors including healthcare (medical office buildings), industrial and manufacturing facilities, life sciences and innovation campuses, multifamily residential (both high-rise and workforce housing), hospitality and convention, office space, and public-private partnerships.

Principals at Mortenson

Recent activity at Mortenson

2 recent signals from the real estate trade press · latest 5mo ago

Mortenson's project portfolio

3 projects on file · Office (1), Mixed-Use (1), Hospitality (1)

Markets and themes

Markets Mortenson operates in

• Buffalo, New York
• Chicago, Illinois
• Denver, Colorado
• Madison, Wisconsin
• Minneapolis-St.Paul, Minnesota
• Phoenix, Arizona
• Portland, Oregon
• Reno, Nevada
• Salt Lake City, Utah
• Seattle, Washington
• Sioux Falls, South Dakota

Investment themes at Mortenson

• Data Centers
• Hospitality
• Industrial
• Infrastructure
• Life Science
• Logistics
• Medical Office & Healthcare
• Multifamily - Ground-up
• Student Housing
• Urban Office
• Workforce Housing

Capabilities

• Asset Management
• Construction Management
• Custom Homes
• Economic Development
• Public-private partnerships
• Site Development
• Transit-oriented development
• Urban infill

Operators similar to Mortenson

• Clayco
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• Clarion Partners
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• SunCap Property Group
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• Gilbane Development Company
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• Trammell Crow Company
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• Greystone & Co., II LLC
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• Hines
  Institutional tierSalt Lake City, UtahSeattle, Washington+3 more marketsIndustrialLogistics+7 more themes
• Ryan Companies
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• CIM Group
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• GID
  Institutional tierDenver, ColoradoPortland, Oregon+5 more marketsIndustrialWorkforce Housing+4 more themes

Frequently asked questions about Mortenson

What does Mortenson do?

Mortenson is a U.S.–based construction and real estate development company founded in April 1954.

Where is Mortenson based?

Mortenson is headquartered in Minneapolis, MN.

What markets does Mortenson operate in?

Mortenson is active in Buffalo, New York, Chicago, Illinois, Denver, Colorado, Madison, Wisconsin, Minneapolis-St.Paul, Minnesota, and Phoenix, Arizona.

How many employees does Mortenson have?

Mortenson has 5,001–10,000 employees.