Michael Houge is a seasoned professional in the commercial real estate industry, bringing over thirty-one years of experience in user sales, leasing, and investment sales. Currently serving as the Managing Director of NAI Legacy, Michael has an impressive track record that speaks to his expertise.

Previously, Michael held critical positions at renowned firms such as KW Commercial-Minneapolis and Transwestern Minneapolis, where he co-directed the Investment Sales Group. During his time at Transwestern, he played a pivotal role in the Bakken oil market of North Dakota, specializing in selling net-leased investment properties and 1031 Tax Deferred Exchanges within the CRE business.

With a portfolio boasting over a billion dollars in investment property transactions, Michael's achievements are a testament to his unwavering dedication and unparalleled industry knowledge. Additionally, he has leased over a million square feet as a landlord and tenant representative, showcasing his versatility and adaptability.

Specialties:

• The Purchase or Sale of Net-Leased Properties and 1031 Exchanges

• Commercial Real Estate Investments

• Energy (Oil Field) Related Real Estate

• Real Estate Technology

• Office Properties

• Retail and Industrial Real Estate

• Land

• Financing

• Property Sales and Acquisitions

• Consulting for Real Estate Projects

• Public Speaking on Related Topics

• Real Estate Marketing

• Branding and Web-Based Initiatives

• Investment Analysis

Michael's expertise extends beyond his impressive transactional accomplishments. He is highly regarded as a thought leader and has contributed extensively to various trade publications. Furthermore, he is a sought-after speaker, frequently sharing his insights on investment sales, marketing, the net lease industry, 1031 tax-deferred exchanges, and North Dakota real estate at panels and conferences.

Michael has achieved the highest level of recognition in the commercial real estate industry by earning both the Certified Commercial Investment Member (CCIM) and The Society of Industrial and Office Realtors (SIOR) designations. These distinctions place him among a select group, as only approximately 850 of the more than 2 million REALTORs hold both.

With his extensive experience, remarkable achievements, and comprehensive skill set, Michael Houge is a valuable asset in the commercial real estate industry. His dedication, knowledge, and ability to navigate complex transactions make him a trusted advisor for clients seeking unparalleled expertise in their real estate endeavors.

Michael Houge's Summary

Michael Houge is the managing Director at NAI Legacy after over four years as a director with KW Commercial-Minneapolis, after contributing for over three years as Vice President with Transwestern Minneapolis, where he co-directed the Investment Sales Group (ISG).

Mr. Houge has over thirty years of experience in user sales and leasing and investment sales. Michael is a specialist in the sale of net-leased investment properties, 1031 Tax Deferred Exchanges, and CRE in the Bakken oilfield market of North Dakota. Mr. Houge has completed over a billion dollars in investment property transactions.

Michael has also leased over a million square feet as a landlord and tenant representative and is a frequent contributor and author in various real estate trade publications and speaks frequently on panels and conferences on investment sales, capital markets, marketing, the net-lease industry, 1031 tax-deferred exchanges and North Dakota real estate.

Mr. Houge has also earned the two most prestigious designations in the commercial real estate industry: Certified Commercial Investment Member (CCIM) and The Society of Industrial and Office Realtors (SIOR). Obtaining both designations is a rare feat, since only approximately 850 of the more than one million REALTORs hold both. Michael has served as the President of the Minnesota Dakotas Chapter of both organizations. Michael is currently the Vice-Chair of the Investment Steering Committee. Houge also sits on the Board of Directors for the Minnesota Commercial Association of Realtors (MNCAR).

Specialties Include:

• The Purchase or Sale of Net-Leased Properties

• 1031 Tax Deferred Exchanges

• Commercial Real Estate Investments

• Energy (Oil Field) Related Real Estate

• Real Estate Technology

• Office Properties

• Retail and Industrial Real Estate

• Land Sales

• Financing

• Property Sales and Acquisitions

• Consulting for Real Estate Projects

• Public Speaking and Presenting on Related Topics

• Real Estate Marketing

• Branding and Web-Based Initiatives

• Investment Analysis

Associations and Memberships (Past and Present):

CCIM, SIOR, NAR, MNCAR, MAR, NAIOP, ICSC, MBA, MSCA, Real Estate Cyber-Society, TICA, RealShare Advisory Board Member, International Real Estate Trade Organization - Board of Experts 2005-2006, Minnesota Real Estate Journal - Editorial Advisory Board, SIOR Professional Report – Editorial Advisory Board, Mendakota Country Club, Pheasants Forever, Ducks Unlimited, and the University of Minnesota Alumni Association.