TEGRA Group

What TEGRA Group does

TEGRA Group is a privately held commercial real estate owner's representation and project management firm headquartered in St. Louis Park (Minneapolis), Minnesota, with a second office in Sioux Falls, South Dakota. Founded in 1996 and led by co-founder Dick Strassburg alongside partner Julie Dotzenrod, the firm provides senior-level oversight of capital projects from concept through occupancy for owners in the public and private sectors across six Midwest states (Iowa, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin). Its service mix spans three core offerings — Owner's Representation, Real Estate Advisory (brokerage, tenant/purchaser representation, site selection, lease negotiation) and Project Management — supported by modular service lines for pre-referendum public funding work and FF&E procurement. The firm reports 350+ projects completed on time and on budget, with notable anchor engagements including Target Field ($550M), Children's Hospital Minneapolis Specialty Center ($380M), the Minnesota Timberwolves arena renovation ($137M), and the Denny Sanford Premier Center ($117M).

The firm's go-to-market is consultative and relationship-driven, deploying senior professionals (architects, engineers, LEED APs, and a PMP-certified public-sector specialist) directly as extensions of client teams. Customers span government (Clay County, City of Sioux Falls), sports and entertainment (Minnesota Twins, Timberwolves, MN United FC), healthcare (Children's Hospital), corporate/financial services (Thrivent corporate HQ; Hunt Electric industrial), and cultural/non-profit institutions (Midco Aquatic Center). Notable verifiable outputs include Target Field's zero-item punch list on opening day, cited as a first in modern MLB construction, reinforcing the firm's brand as a preeminent Midwest owner's representative. Revenue mechanics are professional-service fees, quoted project by project, with no public pricing or revenue disclosure.

There is no disclosed technology platform, AI capability, proprietary software product, or external investment. The firm operates as a founder-led partnership and scales by adding senior practitioners and service adjacencies (e.g., healthcare construction, public-funding advisory, FF&E oversight). Its primary moats are talent density, reputational brand from marquee projects, and accumulated institutional knowledge across 350+ engagements in regional public and private sectors.

Name

TEGRA Group

Legal name

Tegra Group

Website

https://tegragroup.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

TEGRA Group is a privately held, Midwest-based owner's representation and commercial real estate project management firm guiding public- and private-sector owners through capital projects across IA, MN, NE, ND, SD, and WI.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Owner's Representation

NAICS

Management Consulting Services (54161)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Buyer Representation (FSAEAJAG)

akta.pro secondary industry

Project Management & Owner’s Rep Services for School Capital Projects (EDAEABAN)

Keywords

• Owner's representation services
• Commercial real estate advisory
• Construction project management
• Capital project oversight
• Real estate brokerage

Headquarters

HQ city

Saint Louis Park

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Owner's Representation Services: Professional consulting fees for owner's representation services including project management, advisory, and oversight throughout the construction project lifecycle from concept to occupancy.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

TEGRA Group provides owner's representation services for commercial real estate and construction projects, bringing structure, clarity, and accountability from early planning through on-time, on-budget completion. Its offerings span real estate advisory (tenant and purchaser representation, site selection, due diligence, lease and purchase negotiations) and full-service project management (pre-referendum services, team assembly, budget and schedule administration, design and construction administration, FF&E oversight, and project closeout). Engagement is delivered by senior-level professionals who act as an extension of the owner's team.

Product overview

TEGRA Group offers a unified suite of owner's representation and project management services for commercial real estate and construction projects. The core offerings include Owner's Representation (providing expert guidance through all project aspects), Real Estate Advisory (brokerage and advisory services including tenant representation, market research, site selection, and lease negotiations), and Project Management (full-service management from design through construction completion). Supporting service modules include Pre-Referendum Services for public funding navigation and FF&E Oversight for procurement coordination. The company serves clients throughout Iowa, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin.

Differentiator

Problem solved

Functional benefit

Products and services

• Owner's Representation Expert guidance through all aspects of commercial real estate and construction projects, bringing structure, clarity, and accountability throughout the project lifecycle from early planning through on-time, on-budget completion, delivered by senior-level professionals who serve as an extension of the owner's team.
• Real Estate Advisory Commercial real estate brokerage and advisory services for owners and tenants, including tenant representation, purchaser representation, facility strategy development, market research, site/building selection, due diligence, financial analysis, and lease and purchase negotiations.
• Project Management Full-service project management for design and construction including pre-referendum services, project goals establishment, team assembly and contractual agreements, budget administration, schedule management, design process management, construction administration, FF&E oversight, and project closeout.

Quantifiable outcome

• All projects completed on time and within budget
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Heery International: Heery International is a project and construction management consultancy providing owner's representation services for institutional, public, and corporate clients — directly comparable to TEGRA's core offerings.
• Anser Advisory: Anser Advisory is an owner's representation and construction management consulting firm serving public agencies and private owners on capital projects across multiple sectors — a close functional analog to TEGRA's owner's rep model.
• Turner & Townsend: Turner & Townsend is an independent project management and cost consultancy providing owner's advisory and program management on real estate and infrastructure projects — a comparable consulting-led model.
• MGAC: MGAC is an independent project management and owner's representation advisory serving real estate, hospitality, and infrastructure clients — closely aligned with TEGRA in business model and client types.
• Project Management Advisors (PMA): PMA is an independent owner's representative and project management consultancy serving corporate, institutional, and public-sector clients on complex building programs — directly comparable to TEGRA's owner's representation practice.
• Hill International: Hill International provides construction management, project management oversight, and owner's advisory services on complex capital programs for public and private clients — a comparable consulting-led owner's rep model.

Broad incumbents

• CBRE Project Management: CBRE provides integrated project management and owner's advisory as part of its full-service commercial real estate platform — an incumbent with overlapping capabilities but operating at much greater scale and geographic breadth.
• JLL Project & Development Services: JLL's Project & Development Services division offers owner's representation and project management at global scale across CRE, sports, healthcare, and public sectors — a much larger incumbent offering the same owner's rep services TEGRA delivers regionally.
• Newmark Project Management: Newmark offers project management and owner's advisory services within its full-service CRE platform — an incumbent competitor with similar service lines but a broader national footprint and cross-sell capability.
• AECOM Capital/Program Management: AECOM delivers program and construction management including owner's representation for large public and private capital programs — a global incumbent offering overlapping advisory services at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-tegra-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 TEGRA Group