Crossroads Properties

What Crossroads Properties does

Crossroads Properties is a family-owned commercial real estate firm founded in 1989 and headquartered in Oakdale, Minnesota, operating exclusively in the Twin Cities East Metro submarket. The company owns and manages nine commercial properties totaling more than 800,000 square feet, spanning office, office/showroom, office/warehouse, industrial, medical office, and light manufacturing uses in Oakdale, Woodbury, Lake Elmo, and Burnsville. Its service lines comprise full-service property management of company-owned assets, in-house tenant representation and listing brokerage through its Sales and Leasing Division (added in 2011), and tenant-facing digital services. The portfolio includes marquee assets such as Crossroads Commerce Center (~200,000 sq ft, developed 2005-2013), Crossroads East (148,999 sq ft industrial building developed 2022), and Crossroads on Hudson (a Class A office building acquired 2021). Suite sizes range from 400 sq ft in the Lake Elmo Bank Building up to 34,363+ sq ft at Crossroads East, leased under both modified gross and Triple Net (NNN) structures.

The company's technology stack is conventional real estate operator software rather than a proprietary platform. Tenants access an AppFolio-powered portal for lease documents, bill payment, automatic payment setup, service request submission, and insurance certificate uploads; conference rooms across four buildings are scheduled through an Outlook Office 365 booking system linked from the Tenant Hub. There are no disclosed AI/ML capabilities, APIs, or SDKs. The company's go-to-market is sales-led and relationship-driven, executed through a small broker team led by Senior VP Mark Young and VP Zac Houle, supplemented by property management staff and on-site facilities personnel. Customers include regional and mid-market tenants such as Lake Elmo Bank (15+ year anchor), Logisolve, Orthopaedic Consultants PA, The Fireplace Guys, and The Automation Association, with brokerage clients including St. Paul Development.

Crossroads Properties generates revenue through three streams: (1) rental income from owned commercial real estate under modified gross and NNN leases across nine properties, (2) recurring property management fees for full-service management of the portfolio, and (3) transactional brokerage commissions from tenant representation, lease renewals, and listing services for both owned and third-party properties. Pricing is quote-based and varies by suite size, lease type, and market conditions; specific rates are not publicly disclosed. The company has no disclosed funding rounds, external institutional investors, parent company, or subsidiaries, operating as a private family-owned business since incorporation.

Name

Crossroads Properties

Legal name

Crossroads Properties

Website

https://crossroadsproperties.net

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Family-owned commercial real estate firm founded in 1989 that owns and manages nine properties totaling more than 800,000 square feet in Minnesota's East Metro, offering leasing, property management, and tenant representation services to mid-market businesses in the Twin Cities area.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Flex / R&D Industrial Space Brokerage (BPAJACAC)

Keywords

• Commercial real estate
• Property management
• Tenant representation
• Commercial leasing
• Office warehouse space

Headquarters

HQ city

Saint Paul

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Commercial Property Leasing: Leasing of commercial office, warehouse, office/warehouse, office/showroom, and industrial space on modified gross and Triple Net (NNN) basis. Properties include suite sizes ranging from 400 to 34,363+ square feet.
2. Property Management Services: Full-service property management with on-site management and facility teams. Includes building operations, regular inspections, maintenance, and vendor relationship management. Company manages over 800,000 square feet.
3. Tenant Representation Services: Brokerage services helping clients buy, sell, or lease commercial properties. Includes market knowledge, financial analysis, landlord negotiation, and customized documentation for lease transactions.
4. Commercial Property Listing Services: Listing services for commercial properties including tenant representation, lease review and renewals, purchasing and listing of commercial properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Crossroads Properties develops, owns, leases, and manages commercial real estate in the Twin Cities, Minnesota area. The firm offers office, warehouse, industrial, medical office, and showroom space across nine properties totaling more than 800,000 square feet, alongside in-house property management, tenant representation brokerage, and sales/leasing services for buyers, sellers, and tenants seeking commercial space in the East Metro market.

Product overview

Crossroads Properties is a family-owned commercial real estate brokerage firm established in 1989 serving the Twin Cities, Minnesota. The company offers a portfolio of nine distinct commercial properties totaling over 800,000 square feet of office, office/showroom, office/warehouse, industrial, and medical office space. The product portfolio includes: Crossroads Business Center and Crossroads Business Center 2 (Oakdale), Crossroads Commerce Center (Woodbury), Crossroads East (Lake Elmo), Crossroads of Oakdale (multiple buildings), Crossroads on Hadley (Oakdale), Crossroads on Hudson (Woodbury), Lake Elmo Bank Building, and Oak Ridge East Professional Building (Burnsville). Supporting these properties are three core service lines: Property Management Services (full-service management of all company-owned properties), Tenant Representation Services (broker representation for businesses seeking commercial space), and Sales and Leasing (connecting businesses with optimal spaces). A digital Tenant Hub powered by AppFolio provides tenants with online access to lease documents, payments, and service requests.

Differentiator

Problem solved

Functional benefit

Products and services

• Crossroads Business Center Approximately 40,000 sq ft of office/warehouse space in Oakdale, MN, with suite sizes ranging from 1,500 to 3,000 sq ft, 15' clear ceiling heights, and 12' x 12' ground-level roll-up doors. Allowed uses include office, warehousing, light industrial, assembly, distribution, and research facilities. Leased on a modified gross basis with common area maintenance and taxes included in rent.
• Crossroads Business Center 2 Approximately 30,000 sq ft of office/warehouse space in Oakdale, MN, with suite sizes ranging from 1,200 to 2,100 sq ft and 15' ceiling heights. Allowed uses include office, warehouse, light industrial, assembly, distribution, and research.
• Crossroads Commerce Center Over 200,000 sq ft of office, office/showroom, and office/warehouse space in Woodbury, MN, including medical office configurations and various suite sizes. Developed across multiple phases between 2005 and 2013.
• Crossroads East 148,999 sq ft industrial building in Lake Elmo, MN, with suite sizes from 3,825 to 34,363+ sq ft and drive-in and dock loading options. Targeted at industrial, warehouse, and distribution tenants.
• Crossroads of Oakdale Class A office, office/showroom, and office/warehouse space in Oakdale, MN, across multiple buildings (7200, 7250, 7300 Hudson Blvd N) developed between 1997 and 2000. Professional suburban Class A space.
• Crossroads on Hadley 56,785 sq ft of office and industrial space in Oakdale, MN, with suite sizes from 5,000 to 25,000 sq ft. Leased on a Triple Net (NNN) basis where tenants pay base rent plus a proportional share of operating expenses.
• Crossroads on Hudson 27,851 sq ft Class A office building in Woodbury, MN, with suite sizes from 1,395 to 7,050 sq ft. Permitted uses include life science, education, and general office.
• Lake Elmo Bank Building Two-story office building in Oakdale, MN, with suites ranging from 400 to 10,000 sq ft. Features natural light, shared conference room, indoor parking, and climate-controlled storage.
• Oak Ridge East Professional Building Professional and medical office building in Burnsville, MN, with suite sizes from 1,500 to 10,000 sq ft. Features indoor parking and climate-controlled storage. Renovated in 2024.
• Property Management Services Full-service, proactive property management with on-site management and facilities teams. Includes building operations, regular inspections, maintenance, vendor relationship management, and a family-oriented approach across more than 800,000 sq ft in the East Metro Minnesota area.
• Tenant Representation Services Expert tenant representation including market knowledge, data analysis, landlord negotiation, and customized documentation for commercial lease, renewal, and purchase transactions in the East Metro Minnesota market.
• Sales and Leasing Sales and leasing department connecting businesses with optimal office, industrial, retail, and warehouse spaces. Includes purchasing and listing commercial properties, lease review, and renewals.

Quantifiable outcome

• 800,000+ square feet managed across 9 properties
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Scale indicators4 records

Recent moves14 records

Expansion highlights5 records

Direct peers

• Transwestern: Commercial real estate firm offering agency leasing, property management, tenant advisory, and capital markets services. Directly comparable to Crossroads' multi-service CRE platform, particularly its property management and leasing operations for owned and third-party assets.
• NAI Global: Network of independent commercial real estate firms offering brokerage, property management, and related services. NAI Global's member offices operate at a similar mid-market scale to Crossroads, combining ownership-adjacent advisory with multi-service CRE offerings for local and regional clients.
• SVN International Corp: Commercial real estate brokerage franchise network providing sales, leasing, and tenant representation services. Comparable to Crossroads in offering multi-service CRE brokerage to mid-market clients, with a similarly regional-franchise operating model.
• Avison Young: Mid-market commercial real estate services firm providing brokerage, property management, and advisory across investor and occupier clients. Directly comparable to Crossroads in combining transaction and ongoing property services, though larger and multi-market.
• Newmark Group: Full-service commercial real estate advisory firm offering leasing, investment sales, and property management. Comparable to Crossroads across the same core service lines, though operating at substantially greater scale across multiple geographies.
• Marcus & Millichap: Specialized commercial real estate investment sales and financing brokerage. Comparable to Crossroads' brokerage and listing services for commercial investment property, though focused on capital markets transactions rather than local owner/operator property management.

Broad incumbents

• CBRE: World's largest commercial real estate services firm, providing transaction, management, and advisory services globally. Competes with Crossroads for the same occupier and investor clients in the Twin Cities while offering significantly broader capital markets and advisory capabilities.
• Colliers International: Global commercial real estate services firm providing brokerage, property management, valuation, and advisory. Overlaps with Crossroads across all core service lines (leasing, management, tenant representation) but operates globally at significantly greater scale and brand recognition.
• JLL: Global real estate services and investment management company with brokerage, property management, and advisory businesses. Overlaps directly with Crossroads' service mix (leasing, management, tenant representation) at far greater scale and geographic breadth.
• Cushman & Wakefield: Global commercial real estate services firm with full-service brokerage, property management, and valuation capabilities. Competes with Crossroads for occupier and investor clients in the Twin Cities market but offers broader portfolio of services and global reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crossroads Properties