GTRE Commercial - Valuation & Advisory Services
value • data • experience • investment
GTRE Commercial.
Full Service. Fully Prepared.
Our Work
GTRE Commercial works with a wide variety of clients, from large commercial companies to smaller interests in need of expertise.
Our Mission
We seek to meet your needs in a timely, professional and economical way. These three things together create the value and confidence in the GTRE Commercial name.
Not Just Commercial
In addition to commercial appraisals, we handle residential appraisals, litigation appraisals, fair value, expert witness testimony, advisory, feasibility, market studies, and consulting.
GTRE Commercial.
Company Profile
GTRE Commercial brings over 100 combined years of real estate expertise to the table offering a wide variety of abilities including commercial appraisals, tax abatement, eminent domain, partial interest ownership, expert witness testimony, litigation support, feasibility studies, real estate value consulting, and other related work. The depth of our appraisal team spans from traditional commercial and residential real estate to special use properties such as churches, schools, gravel pits, hospitals, golf courses, subdivisions, homeless shelters, and airports.
With three Appraisal Institute MAI members among the team, the depth of experience offered is far-reaching. Since data is the lifeblood of any high-quality appraisal report, we maintain our own database. This brings accuracy to the process that is sometimes overlooked elsewhere.
We are proud to maintain good standing with industry licensure, professional organizations and membership subscriptions which keep us well versed and current, contributing to high-quality real estate valuations.
In addition to highly qualified and experienced staff, our clients benefit from the collaboration among team members. This brings a collegial effect to the unbiased insight and detail of the work we do, resulting in a high-quality product and satisfied clients.
The people who work at GTRE Commercial understand real estate. They even have great enthusiasm in real estate as they own, operate and acquire investment properties.
Work with Us
When you hire us for your valuation needs, you are assured to have the highest qualified professional appraiser studying, analyzing and presenting your project to give you the confidence of a job well done.
Services
At GTRE Commercial, we have assembled a diverse team of talented appraisers that can handle your needs, such as:
Legal / Business / Finance
Property
Land
Who We Work With
Brokers / Leasing Agents
Lenders / Investors
Asset Managers
Buyers, Sellers and Owners
Developers
Lawyers
Private Individuals
Trust Departments
Government Entities
Accountants
Realtors
We service the Twin Cities, and also outstate Minnesota as well as North Dakota, South Dakota, Iowa, Wisconsin, and Nebraska.
Our Team.
GTRE Commercial: A new name with familiar faces in Valuation and Advisory.
Gordon Tuchenhagen, MAI
Principal and Co-Founder,
GTRE Commercial
Valuation & Advisory Services
Past projects encompass a wide variety of property types including office, retail, industrial, multifamily, hotel/motel, convenience store, medical office, restaurant, corridors, partial interest, and other special purpose properties located both locally and internationally.
O: 952-491-4061
C: 612-418-4059
gordon.tuchenhagen@gtrevas.com
Tad S. Marinac, MAI
Principal and Co-Founder,
GTRE Commercial
Valuation & Advisory Services
Appraisal experience has been in the fee preparation of real estate appraisals, feasibility studies, rent analyses and market studies of commercial, industrial, multifamily residential and special use properties.
O: 952-491-4062
C: 952-994-0319
Kara Olson
Principal,
GTRE Commercial
Valuation & Advisory Services
Ms. Olson has experience providing real estate appraisals, consultations, and litigation support for financial institutions, developers, individual and corporate property owners and attorneys.
O: 952-491-4063
C: 612-845-3365
Gregory S. Hewitt, MAI
Principal,
GTRE Commercial
Valuation & Advisory Services
20 Years of commercial real estate experience including analysis, underwriting, acquisitions, leasing, and appraising a range of property types including office, retail, industrial, self-storage, multi-family, net lease, and special uses.
O: 952-491-4066
C: 612-940-9097
Jason Oberhamer
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
Mr. Oberhamer has 11 years of finance and real estate experience that transfers directly to his appraisal work. His focus with GTRE is with multifamily residential projects.
Prior to appraisal work, Mr. Oberhamer was a financial analyst and trader managing financial instruments and real estate holdings.
O: 952-491-4064
C: 612-832-0965
Alex Pope
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
Mr. Pope has been with GTRE for three years including internship, research, and appraisal work.
O: 952-491-4065
alex.pope@gtrevas.com
Alex Oldefendt
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
Mr. Oldefendt is an associate with over 10 years of real estate experience within the Twin Cities metropolitan area and Western Wisconsin.
O: 952-491-4067
C: 651-328-4298
Matt DeVriendt
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
Mr. DeVriendt is an associate with over 10 years of real estate involvement appraising, managing, and investing in real estate.
O: 952-855-8890
C: 612-418-8683
Lisa Marinac
Residential Associate,
GTRE Commercial
Valuation & Advisory Services
Ms. Marinac is a Residential Associate of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. She has over 10 years of real estate involvement appraising, managing, and investing in real estate.
O: 952-491-4062
C: 612-703-1307
Contact Us
6975 Washington Ave. S. Suite 205, Edina, MN 55439
Professional Profiles:
Our team. In depth.
Professional Profile:
Gordon Tuchenhagen, MAI
Principal and Co-Founder,
GTRE Commercial
Valuation & Advisory Services
O: 952.491.4061
C: 612.418.4059
gordon.tuchenhagen@gtrevas.com
Mr. Tuchenhagen is a Principal and Co-Founder of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. He has over 23 years of real estate and appraisal experience.
Appraisal experience has been in the fee preparation of real estate appraisals, feasibility studies, rent analyses and market studies of commercial, industrial, multifamily residential and special use properties.
Past projects encompass a wide variety of property types including office, retail, industrial, multifamily, restaurant, corridors, partial interest, tax appeal, eminent domain, hotel/motel, convenience store, medical office, and other special purpose properties located both locally and internationally. Geographic focus is in the Twin Cities metropolitan area, however Mr. Tuchenhagen has significant experience throughout Minnesota, the upper Midwest as well as nationally.
Mr. Tuchenhagen is also owner and founder of a commercial real estate valuation database platform. As well, he oversees ongoing development, investment and management of residential income properties.
Education
Bachelor of Science, Business Finance, University of Minnesota, Carlson School of Management, Minneapolis
Mini Master of Real Estate Development, Center for Business Excellence, University of St. Thomas, Minneapolis
Licenses/Certifications
Certified General Real Property Appraiser: State of Minnesota
(No. 20090481)
State Certified General Appraiser: State of South Dakota (No.1046CG)
General Real Property Appraiser: State of Iowa (No.CG03314)
Professional
Appraisal Institute – Designated Member (MAI)
City of Edina, Board of Appeal and Equalization (2007-2013)
Experience
2015-current
Principal/Managing Partner, GTRE Commercial, LLC, Edina
2009-current
Owner, Tuchenhagen Property Holdings, Edina
2002-2015
Vice President/Senior Real Estate Analyst, CBRE, Minneapolis
1997-2002
Senior Associate Appraiser, Nicollet Partners, Inc., Minneapolis
1992-1996
Associate Appraiser, Doggett & Kowalchuk, Thunder Bay, ON
Professional Profile:
Tad S. Marinac, MAI
Principal and Co-Founder,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4062
C: 952-994-0319
Mr. Marinac is a Principal and Co-Founder of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. He has over 22 years of real estate and financial management experience.
Appraisal experience has been in the preparation of real estate appraisals, feasibility studies, rent analyses, and market studies of commercial, industrial, multifamily residential and special use properties. Primary geographical focus is in the Twin Cities metropolitan area, however Mr. Marinac has significant experience throughout Minnesota, the upper Midwest as well as nationally.
Residential real estate experience includes the preparation of over 1,000 appraisal reports including single family, townhome, condominium, subdivisions, and land valuation.
Mr. Marinac also serves as an appointed Commissioner on the Minneapolis Board of Equalization regarding real property tax petitions and has served as an appointed Commissioner for Hennepin County.
Education
Bachelor of Liberal Arts, Gustavus Adolphus College, St. Peter, MN
Bachelor of Science, Winona State University, Winona, MN
Licenses/Certifications
Certified General Real Property Appraiser: State of Minnesota (No. 20189751)
State Certified General Appraiser: State of North Dakota (No. CG-21505)
Professional
Appraisal Institute – Designated Member (MAI)
Appointed Commissioner – Minneapolis Board of Equalization (2007-current)
Appointed Commissioner-Hennepin County
Board of Directors – Lake Community Bank
Board of Directors – Appraisal Institute, Northstar Chapter
Experience
2015-current
Principal and co-founder, GTRE Commercial, LLC, Edina
2005-current
Principal, Nokomis Appraisals, Minneapolis
2005-2015
First Vice President, Senior Real Estate Analyst, CBRE, Inc.
2003-2004
Appraiser, Colliers Turley Martin Tucker, Minneapolis
1999-2003
Associate Appraiser, Nicollet Partners, Minneapolis
1995-1999
Sales Consultant, Colorspan Corporation, Eden Prairie
1993-1995
Branch Manager, TransAmerica Financial, Minneapolis
Professional Profile:
Kara Olson
Principal,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4063
C: 612-845-3365
Ms. Olson is a Principal and Co-Founder of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. She has over 10 years of real estate involvement in appraising and investing.
Ms. Olson has experience providing real estate appraisals, market rent studies, consultations, and litigation support for financial institutions, developers, individual and corporate property owners and attorneys. Her appraisal knowledge encompasses a wide variety of property types including low income housing and market rate multifamily residential, retail, hotel/motels, mobile home parks, office, industrial, net-leased investments, medical office buildings, restaurants, residential subdivisions and other special purpose properties.
Assignments have focused in the Minneapolis/St. Paul metropolitan area, the St. Cloud area, and the Fargo/Moorhead area. However, they span the states of Minnesota, North Dakota, South Dakota, Wisconsin, Iowa and Nebraska.
Education
Bachelor of Science, Real Estate, St. Cloud State University, St. Cloud, MN
Licenses/Certifications
Certified General Real Property Appraiser: State of Minnesota (No. 20517372)
Certified General Real Property Appraiser: State of North Dakota (No. CG-21386)
Certified General Real Property Appraiser: State of Wisconsin (No. 1946-10)
Resident Real Estate Salesperson: State of Minnesota (No.40161913)
Professional
Appraisal Institute – Candidate for Designation
Minnesota Commercial Real Estate Women - Member
St. Cloud State Real Estate Alumni Association - Member
Minneapolis Area Association of REALTORS - Member
Experience
2015-current
Principal/Co-founder, GTRE Commercial LLC, Edina
2006-2015
Senior Real Estate Analyst, CBRE, Inc., Minneapolis
2005-2006
Staff Appraiser, Rating, Inc., Eden Prairie
2004-2005
Insurance Servicing, Glaser Financial Group, St. Paul
Professional Profile:
Gregory S. Hewitt, MAI
Principal,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4066
C: 612-940-9097
Mr. Hewitt has over 20 years of commercial real estate involvement. His significant experience has been in the preparation of real estate appraisals, fair value analyses, and market studies of commercial properties. Past projects encompass a wide variety of property types including office, retail, industrial, multi-family, restaurant, net lease, and special purpose properties. Extensive skill has been attained in office and retail properties.
Prior to appraisal, Mr. Hewitt represented landlords, advised tenants, underwrote mortgages, analyzed acquisitions and assisted in dispositions, all of which add depth and value to his appraisal work.
Mr. Hewitt’s geographic focus is in Minnesota and the Twin Cities metropolitan area. However, Mr. Hewitt has experience in the upper Midwest as well as nationally.
Education
Bachelor of Science, Finance and Management Information Systems, Iowa State University, Ames, Iowa
Licenses/Certifications
Certified General Real Property Appraiser: State of Minnesota (No. 20376876)
Minnesota Licensed Real Estate Agent (License No. 20236233)
Professional
Appraisal Institute – Designated Member (MAI)
National Association of REALTORS
Experience
2015-current
Principal, GTRE Commercial, LLC
2002-2015
Vice President, Valuation Advisory Services, CBRE, Inc.
2000-2002
Associate, Office Leasing, CB Richard Ellis
1998-2000
Real Estate Analyst, Principal Capital Management
Professional Profile:
Jason Oberhamer
Associate,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4064
C: 612-832-0965
Mr. Oberhamer has 11 years of finance and real estate experience that transfers directly to his appraisal work. His focus with GTRE is with multifamily residential projects.
Prior to appraisal work, Mr. Oberhamer was a financial analyst and trader managing financial instruments and real estate holdings. He also owned and operated a residential property management company.
Assignments have focused in the Minneapolis St. Paul metropolitan area, however, they span throughout the state of Minnesota.
Education
Bachelor of Liberal Arts, Economics Major in Finance and Management,
Gustavus Adolphus College, St. Peter, MN
Licenses/Certifications
Trainee, General Real Property Appraiser: State of Minnesota (No. 40315841)
Professional
Appraisal Institute – Associate Member
Experience
2015-current
Associate, GTRE Commercial, LLC, Edina
2008-2015
President, Cities Home Rentals, Inc., Minneapolis
2004-2008
Analyst/Trader, Harvester Investments, LLC, Minneapolis
2000-2004
Operations Manager, Wells Fargo Investments, LLC
Professional Profile:
Alex Pope
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4065
C: 612-237-3439
Mr. Pope is a Business Administration graduate of St. Cloud State University Real Estate program. During Summer 2016, Mr. Pope was an intern at GTRE Commercial helping with research projects. In the Fall 2016, he began full time as a Researcher for GTRE and researches property attributes, analyses information related to value, and assists the appraisers with a variety of assignments. In Fall 2017, he obtained his trainee’s license and is working towards his certified general designation.
Education
Bachelor of Science, Business Degree with a Major in Real Estate, St. Cloud State University
Licenses/Certifications
Trainee, General Real Property Appraiser: State of Minnesota (No. 40532704)
Appraisal Institute - Associate Member
Experience
2016-current
Associate Appraiser, GTRE Commercial LLC, Edina
2015
Sales Rep/Tech Support, Marketsource, St. Cloud
2014
Events Assistant, Holiday Inn, St. Cloud
2013
Property Maintenance, Self Employed, Golden Valley
Professional Profile:
Alex Oldefendt
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4067
C: 651-328-4298
Mr. Oldefendt is an associate of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. He has over 10 years of real estate experience within the Twin Cities metropolitan area and Western Wisconsin.
Mr. Oldefendt has experience providing real estate valuations with a variety of residential property types including single family, townhome, condominium and 2-4 unit multi-family. Assignments have been primarily focused in the regional Minneapolis/St. Paul metropolitan area. Mr. Oldefendt is adding experience in various commercial property types and is working towards attaining Certified General Real Property Appraiser licensure.
Education
Bachelor of Science, Real Estate, St. Cloud State University, St. Cloud, MN
Licenses/Certifications
Certified Residential Real Estate Appraiser: State of Minnesota (No. 40436993)
Residential Real Estate Salesperson; State of Minnesota (No.40122554)
Professional
St. Paul Area Association of REALTORS - Member
Experience
2018-current
Associate Appraiser, GTRE Commercial LLC, Edina
2014-current
Realtor, Keller Williams Integrity Realty, Roseville
2015-2018
Residential Appraiser, Appraisal Partners, Inc., Roseville
2008-2014
Realtor, Keller Williams Premier Realty, Woodbury
2008-2014
BPO Agent/Field Inspector, Olsen Real Estate Group, Woodbury
Professional Profile:
Matt DeVriendt
Associate Appraiser,
GTRE Commercial
Valuation & Advisory Services
O: 952-855-8890
C: 612-418-8683
Mr. DeVriendt is an associate of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. He has over 10 years of real estate involvement appraising, managing, and investing in real estate. Matthew has experience providing real estate valuations with a variety of residential property types including single family, townhome, condominium and 2-4 unit multi-family. Assignments have been primarily focused in the regional Minneapolis/St. Paul metropolitan area.
Education
Bachelor of Science, Business, Saint Mary’s University of Minnesota
Licenses/Certifications
Certified Residential Real Estate Appraiser: State of Minnesota (No. 40478995)
Professional
· Minneapolis Area Association of REALTORS – Member
Experience
2019-current
Associate Appraiser, GTRE Commercial LLC, Edina
2009-current
Owner/Operator, Residential Investment Property
2016-2019
Residential Appraiser, Appraisal Partners, Inc., Roseville
2013-2018
Vice President/Owner, Berry Blast Yogurt, Inc.
2011-2014
President/Owner, McCauley & DeVriendt Properties, LLC
Professional Profile:
Lisa Marinac
Residential Associate,
GTRE Commercial
Valuation & Advisory Services
O: 952-491-4062
C: 612-703-1307
Ms. Marinac is a Residential Associate of GTRE Commercial Valuation & Advisory Services, based in Edina, Minnesota. She has over 10 years of real estate involvement appraising, managing, and investing in real estate. She also holds a real estate broker’s license and works with buyers and sellers in the Twin Cities area.
Appraisal experience has been in the fee preparation of real estate appraisals, feasibility studies, rent analyses and market studies of single family, townhome, condominium, hobby farm, and 2-4 unit residential properties.
Assignments have focused in the nine county Minneapolis St. Paul metropolitan area, and the Superior, Wisconsin area; however, they span the state of Minnesota.
Education
Bachelor of Arts, Biology & Psychology, Gustavus Adolphus College, St. Peter, MN
Licenses/Certifications
Certified Residential Real Estate Appraiser: State of Minnesota (No. 20432398)
Real Estate Broker; State of Minnesota (No.40363254)
Professional
Minneapolis Area Association of REALTORS - Member
Experience
2015-current
Residential Associate, GTRE Commercial LLC, Edina
2003-current
Principal, Nokomis Appraisals, Minneapolis
2004-current
Owner/Operator, residential and industrial investment properties
2014-current
Broker/Owner, Keys Realty, Minneapolis
2006-2014
Realtor, Century21/MarketLink Realty
Copyright © 2015 GTRE Commercial.
6975 Washington Ave. S. Suite 205, Edina, MN 55439 phone 952.491.4061