My Markets
Metro Areas: Los Angeles-Orange County CA, Sacramento-Stockton-Modesto CA, San Diego CA, San Francisco-Oakland-San Jose CA, Chicago IL, St. Louis MO
Concentration Areas
Concentrations: 1031 Exchange Expert, Investment Sales, Leasing
Property Types: Big Box Retail, Lifestyle Center, Neighborhood Center, Power Center, Regional Center, Single Tenant Retail (NNN), Strip Center
Brief Profile
Leading commercial real estate advisor specializing in the acquisition, disposition, and recapitalization of retail net leased investment properties nationally.
Full Profile
Mike Knudsen oversees Growth Investment Group’s NNN Properties Division, specializing in leasing, sales, ground-up development and urban infill redevelopment of retail net leased investment properties on a national basis. Mike has a passion for real estate finance and development, and has spent the last nine years honing his quantitative skills and construction knowledge to position himself as a strategic partner capable of creating value for property investors, owners and developers of commercial space.
Prior to joining Growth Investment Group in 2014, Mike co-founded a commercial real estate technology startup called HippGrid based in San Francisco, California. Designed to improve the efficiency of small and medium-sized businesses located in urban centers, HippGrid allows neighboring tenants to aggregate their purchasing power and achieve economies of scale for various common expenses related to their commercial space, ranging from recurring and non-recurring maintenance and repairs, to office furniture, equipment and supplies.
Prior to co-founding HippGrid, Mike worked as an investment broker for Coldwell Banker Commercial North County in Glendale, California, specializing in leasing, investment sales, ground-up development and urban infill redevelopment of retail and office investment and owner-user properties throughout North Los Angeles County.
Prior to Coldwell Banker Commercial, Mike worked as a project manager for one of the highest producing teams at Collier’s International globally — the Integrated Real Estate Solutions Group (IRES) — overseeing the leasing and construction buildouts of over five million square feet of federally-owned office and industrial space throughout Los Angeles and Orange Counties.
Before Colliers, Mike worked at CB Richard Ellis as an associate with the Retail Development Advisory Group, actively participating in the leasing of eight commercial power center and lifestyle center projects totaling more than three million square feet and $60 million in consideration, as well as exclusive tenant representation assignments for Target and Home Depot in North Los Angeles County.
SIGNIFICANT TRANSACTIONS
SALES
-2243 Foothill Blvd., La Canada, CA (17,999 SF shopping center anchored by Big Lots) – $10,700,000
-11705 Valley Blvd., El Monte, CA (53,904 SF former Chrysler/Dodge dealership) – $4,400,000
-1095 East Green St., Pasadena, CA (6,682 SF freestanding retail/office building) – $2,060,000
LEASING
-Plaza at Golden Valley, Santa Clarita, CA (620,000 SF power center anchored by Target, Kohl’s and Lowe’s)
-47th Street Pavilion, Palmdale, CA (520,000 SF power center anchored by Super Target, Home Depot, -Petsmart, Ross and Staples)
-Piemonte at Ontario Center, Ontario, CA (320,000 SF lifestyle center anchored by Target and Best Buy)
-Gateway Promenade, Valencia, CA (130,000 SF lifestyle center anchored by Urban Home and Home Consignment)
EDUCATION
University of Notre Dame, B.S. Business Administration, Finance Concentration
CREDENTIALS/PROFESSIONAL AFFILIATIONS
California DRE Broker License #01840490
Missouri DRE Broker License #2011014473
Chartered Realty Investors Society (CRI) Candidate
Urban Land Institute
International Council of Shopping Centers
University of Notre Dame Alumni Association