Eagle Ridge Partners
Eagle Ridge Partners is a privately held Minneapolis-based commercial real estate investment management firm, founded in 1996, providing integrated development, acquisition, and asset management services to institutional capital partners and corporate tenants, with a current portfolio of 2.5+ million square feet and over $1 billion in lifetime transactions.
- Company typePrivate
- Founded1996
- HeadquartersMinneapolis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Eagle Ridge Partners does
Eagle Ridge Partners is a privately held commercial real estate investment management firm founded in 1996 and headquartered in Minneapolis, Minnesota. The firm provides three integrated services: development, acquisition, and asset management of institutional-quality commercial real estate, with a current active portfolio of roughly 2.5–3.0 million square feet across office, industrial, multi-family, and design center properties. Since inception the firm has executed more than $1 billion in transactions over a 25+ year operating history, with a strategic focus concentrated in the Minneapolis–St. Paul metro and a legacy footprint that previously extended to markets including Silicon Valley, Boston, Seattle, Texas, and Florida. Notable assets include The Colonnade (366,427 SF Class A office), One Southwest Crossing (246,293 SF), International Market Square (347,000 SF design center), and recent multi-family acquisitions and developments such as Golden Triangle and The Fox & The Grouse Apartments.
The business model is professional services in nature, generating revenue through asset management fees charged to investment partners, acquisition fees on completed transactions, development and construction management fees on ground-up projects, and leasing and disposition fees. Eagle Ridge pursues value-add acquisitions, ground-up development, and asset management mandates primarily through joint ventures and co-investment partnerships with institutional capital providers (e.g., Long Wharf Capital, BLG Capital Advisors, Amstar Group). The go-to-market is relationship-based and enterprise-oriented, targeting institutional investors, private equity co-investors, and corporate tenants (Toyota, Abbott, TE Connectivity, Pentair, Inspire Medical Systems, Bell Bank, SunOpta, and others) through direct engagement and retained brokers (CBRE, Avison Young). The management team co-invests personal capital alongside partners to align interests, and investors access reporting through the Juniper Square portal. The firm is privately held with no disclosed external funding rounds and is controlled by its principals, including Founder John Scholz and President Kristin Myhre.
Eagle Ridge Partners firmographics
Firmographics- Name
- Eagle Ridge Partners
- Legal name
- Eagle Ridge Partners LLC
- Website
- https://erpartners.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Eagle Ridge Partners is a privately held Minneapolis-based commercial real estate investment management firm, founded in 1996, providing integrated development, acquisition, and asset management services to institutional capital partners and corporate tenants, with a current portfolio of 2.5+ million square feet and over $1 billion in lifetime transactions.
- Ownership category
- akta.pro rank
Eagle Ridge Partners industry classification
Industry- Product category
- Commercial Real Estate Investment Management
- NAICS
- Offices of Real Estate Agents and Brokers (5312)
- SIC
- Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)
Keywords
Where Eagle Ridge Partners is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Eagle Ridge Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Asset Management & Acquisition Fees: Eagle Ridge Partners generates revenue through asset management fees charged to investment partners, acquisition fees on completed transactions, and development/construction management fees on ground-up projects. As a vertically integrated real estate operator, the firm also earns leasing fees and disposition fees when properties are sold.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Eagle Ridge Partners product offering
Product offeringCore offering
Eagle Ridge Partners is a privately held commercial real estate investment management firm that identifies, acquires, develops, and actively manages institutional-quality commercial properties including office, industrial, multi-family residential, and design center assets. The firm co-invests alongside institutional capital partners and corporate tenants in value-add acquisitions, ground-up development, and asset management mandates, primarily concentrated in the Minneapolis-St. Paul metro area.
Product overview
Eagle Ridge Partners is a privately held commercial real estate investment management company offering development, acquisition, and asset management services. The company does not offer software products or technology platforms; its services center on owning, operating, and developing institutional-quality commercial real estate assets including office, industrial, multi-family, and design center properties in the Minneapolis-St. Paul metro area.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Real Estate Investment Management Vertically integrated commercial real estate investment management platform covering acquisitions, development, and asset management for institutional investors and corporate tenants. The firm has owned, operated, and developed over $1 billion of institutional-quality commercial real estate assets.
- Real Estate Acquisition Services Identification, underwriting, and execution of value-add commercial real estate acquisitions in joint ventures with institutional capital partners, with individual transactions often exceeding $10 million.
- Real Estate Development Services Ground-up development and value-add redevelopment of commercial real estate including office, industrial, multi-family, and mixed-use projects, executed in collaboration with institutional and strategic capital partners.
- Commercial Asset Management Active asset management of commercial real estate portfolios including property management, construction management, leasing, financial reporting, and disposition for investment partners.
Quantifiable outcome
- Achieved over 99% occupancy at The Colonnade post-renovation, up from 85% at acquisition
- +4 more outcomes
Companies that use Eagle Ridge Partners
Customer profileNamed customers21 records
Segments3 records
Ideal customer profiles2 records
Eagle Ridge Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Eagle Ridge Partners partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and major.
- GrecocoreGreco, a Minneapolis-based developer specializing in urban housing and mixed-use developments since 2002, is partnering with Eagle Ridge Partners and Amstar Group on the Golden Triangle luxury residential project in Eden Prairie, MN. Greco serves as the lead developer on the 15-acre, transit-oriented development that broke ground in October 2023. Phase I includes 237 units with completion expected in spring 2025.
- North Shore ContractorsmajorNorth Shore Contractors serves as the general contractor for the Golden Triangle luxury residential project (Phase I) in Eden Prairie, MN.
- BKV GroupmajorBKV Group, a Minneapolis-based architecture and design firm, is the architect of record for the Golden Triangle luxury residential project in Eden Prairie, MN.
- Studio BVmajorStudio BV, a Minneapolis-based design firm, was the lead architect and designer for The Colonnade renovation, including the redesign of the five-story atrium, creation of the Colonnade Club, and overall interior modernization. Studio BV also designed the One Southwest Crossing atrium renovation.
- Steiner ConstructionmajorSteiner Construction served as the general contractor for The Colonnade renovation project, completing construction work that began in spring 2023 and was finished in early summer 2024.
- CBREmajorCBRE has been retained by Eagle Ridge Partners to provide leasing services for The Colonnade office tower. Brian Wasserman of CBRE handles the leasing mandate.
- Avison YoungmajorAvison Young represented the seller on the One Southwest Crossing transaction and provides ongoing leasing services for the property.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Eagle Ridge Partners competitors and assessment
Company assessmentDirect peers
- The Opus Group: Minneapolis-headquartered commercial real estate developer and investor focused on office, industrial, multi-family, and mixed-use developments. Comparable to Eagle Ridge Partners given Twin Cities base, institutional capital partnerships, and vertically integrated development/acquisition/asset management model.
- Ryan Companies US, Inc. Minneapolis-based integrated commercial real estate developer, owner, and investor with national footprint across office, industrial, healthcare, and multi-family. Closely comparable to Eagle Ridge Partners in geography, vertical integration, and investor-led development model.
- Kraus-Anderson: Minneapolis-based real estate development, construction, and property management firm operating across the upper Midwest. Comparable to Eagle Ridge Partners in vertically integrated real estate services and Twin Cities concentration.
- Oppidan Investment Company: Twin Cities-based commercial real estate developer focused on ground-up development, tenant relationships, and institutional partnerships. Directly comparable to Eagle Ridge Partners in regional footprint, multi-family and mixed-use product mix, and capital partner-driven deal model.
- Doran Companies: Minneapolis-based commercial real estate development and investment firm focused on multi-family, mixed-use, and office properties in the Twin Cities. Comparable given regional focus, mixed product type, and institutional investor partnerships.
- Roers Companies: Minneapolis-based multi-family and commercial real estate developer with Twin Cities and national presence. Comparable to Eagle Ridge Partners' growing multi-family vertical and institutional capital partnership model.
Broad incumbents
- JLL: Global commercial real estate services firm offering capital markets, investment sales, leasing, and asset management. Already a capital markets partner of Eagle Ridge Partners, JLL is a broad incumbent overlapping on investment management and advisory services.
- Marcus & Millichap: National commercial real estate investment sales and financing brokerage firm specializing in multifamily, retail, office, and self-storage transactions. Comparable as a broad incumbent operating across investment sales and capital markets services overlapping with Eagle Ridge Partners' transaction execution.
- Colliers International: Global commercial real estate services firm providing investment sales, leasing, property management, and capital markets across all major asset classes. Comparable as a broad incumbent offering asset management, leasing, and investment advisory services overlapping with Eagle Ridge Partners' capabilities.
- CBRE Group: Global commercial real estate services and investment firm providing capital markets, leasing, valuation, and asset management. Already a leasing partner of Eagle Ridge Partners, CBRE is a broad incumbent that overlaps across Eagle Ridge's full service stack.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Eagle Ridge Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eagle Ridge Partners leadership team
Management profileNumber of profiles
Profiles11 records
Eagle Ridge Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eagle Ridge Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eagle Ridge Partners
What does Eagle Ridge Partners do?
Eagle Ridge Partners is a privately held commercial real estate investment management firm that identifies, acquires, develops, and actively manages institutional-quality commercial properties including office, industrial, multi-family residential, and design center assets. The firm co-invests alongside institutional capital partners and corporate tenants in value-add acquisitions, ground-up development, and asset management mandates, primarily concentrated in the Minneapolis-St. Paul metro area.
Is Eagle Ridge Partners a public or private company?
Eagle Ridge Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Eagle Ridge Partners founded?
Eagle Ridge Partners was founded in 1996. It employs 11 to 50 people.
Where is Eagle Ridge Partners based?
Eagle Ridge Partners is headquartered in Minneapolis, United States, in the North America region.
How does Eagle Ridge Partners make money?
One revenue line is on record: asset Management & Acquisition Fees.
Who are Eagle Ridge Partners's main competitors?
Direct peers on record are The Opus Group, Ryan Companies US, Inc., Kraus-Anderson, Oppidan Investment Company, Doran Companies and Roers Companies. Broad incumbents are JLL, Marcus & Millichap, Colliers International and CBRE Group.
Does Eagle Ridge Partners have an API?
No public API is recorded for Eagle Ridge Partners.
What industry is Eagle Ridge Partners in?
Eagle Ridge Partners's product category is Commercial Real Estate Investment Management. Its primary akta.pro industry code is BPAJANAF, Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships). Its NAICS code is 5312 and its SIC code is 6512.