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About

Professional Summary
A proven leader in Colliers International’s Brokerage Services Division, Bill Ritter is a 36 year veteran of the company, and his list of long-term clients speaks volumes. Bill represents clients in the leasing and sale of industrial and office properties and land. He has directed transactions on behalf of thousands of clients over the years, representing over 40 million-square-feet of space and 1,000 acres of land, and has consistently ranked among Colliers International’s top brokers. Bill leads a team which includes 12 brokers, 2 research and 2 marketing specialists, and 3 administrative assistants. Under Bill’s leadership, they are able to provide extensive market coverage along with accurate and time sensitive information, reports, statistics, and analysis. ""The client is first, the transaction is second and I am third!""

Accomplishments
Awards
*Colliers Minneapolis-St. Paul Top Broker 2011 through 2019
*Colliers Minneapolis-St. Paul Top 5 Broker 1983-2019
*2012 through 2019 Everest Club (Top 10% of all Colliers Brokers across the U.S., Canada and Latin America)
* Minnesota Commercial Association of Realtors (MNCAR) Industrial Transaction of the Year Award 2010, 2011 and 2013

In 2010 Bill completed lease negotiations for the headquarter operations of Digital River, a publicly traded e-commerce company. Digital River hired Bill to evaluate market alternatives, analyze the financial impact of consolidation and relocation, and to lead the negotiation for the relocation of their Eden Prairie office space into a 143,000-square-foot Gold LEED-certified building located in the Opus Park of Minnetonka.

Recipient of the (MNCAR's) ""Industrial Transaction of the Year"" award in 2010 for his representation of Lifetouch Studios. The assignment involved the consolidation of three older inefficient facilities totaling 200,000-square-feet into one property of 105,000-square-feet. This allowed Lifetouch to increase operational efficiency, eliminate redundancies and make use of new production and distribution technology.

Recipient of (MNCAR's) ""Industrial Transaction of the Year award in 2011 for his representation of CalSTRS. This assignment involved the completion of a 163,000 square foot lease in First Park Lakeville Business Park and required complex RFP analysis and logistical coordination.

In 2011, Bill interviewed with representatives of Lockheed Martin for the listing assignment of a 600,000 square foot corporate facility on 51 acres located in Eagan, MN. Lockheed challenged Bill to find a Buyer who was willing to take the entitlement risk and close on the sale. Bill recognized the highest and best use of the property and identified who he believed to be the right buyer. This buyer was selected by Lockheed and closed on the sale within two months of Purchase Agreement execution.

In 2011, Bill represented Milestone AV Technologies in the acquisition of a 75,000 square-foot headquarter office building to consolidate Milestone's office space from two locations. In 2012, Bill completed lease negotiations for Milestone's 125,000 square-foot assembly facility and a new 105,000 square-foot distribution center.

Recipient of (MNCAR's) ""Industrial Transaction of the Year Award"" in 2013, Bill negotiated the contract to sell a 510,000 sf Corporate Office/Manufacturing/Distribution facility on 109 acres to a national developer and prior to closing the sale, identified and secured a sale of the building and 59 acres of the 109 acre site to a company who will occupy the building.

In 2014 Bill secured a 227,000 sf 10 year lease on behalf of Graco, Inc. a Minneapolis based manufacturing company. This project consolidated Graco's warehouse and distribution from three existing production plants to enable continued growth and expansion of Graco's business operations.