Michael Houge is a seasoned professional in the commercial real estate industry, bringing over thirty-one years of experience in user sales, leasing, and investment sales. Currently serving as the Managing Director of NAI Legacy, Michael has an impressive track record that speaks to his expertise.
Previously, Michael held critical positions at renowned firms such as KW Commercial-Minneapolis and Transwestern Minneapolis, where he co-directed the Investment Sales Group. During his time at Transwestern, he played a pivotal role in the Bakken oil market of North Dakota, specializing in selling net-leased investment properties and 1031 Tax Deferred Exchanges within the CRE business.
With a portfolio boasting over a billion dollars in investment property transactions, Michael's achievements are a testament to his unwavering dedication and unparalleled industry knowledge. Additionally, he has leased over a million square feet as a landlord and tenant representative, showcasing his versatility and adaptability.
Specialties:
• The Purchase or Sale of Net-Leased Properties and 1031 Exchanges
• Commercial Real Estate Investments
• Energy (Oil Field) Related Real Estate
• Real Estate Technology
• Office Properties
• Retail and Industrial Real Estate
• Land
• Financing
• Property Sales and Acquisitions
• Consulting for Real Estate Projects
• Public Speaking on Related Topics
• Real Estate Marketing
• Branding and Web-Based Initiatives
• Investment Analysis
Michael's expertise extends beyond his impressive transactional accomplishments. He is highly regarded as a thought leader and has contributed extensively to various trade publications. Furthermore, he is a sought-after speaker, frequently sharing his insights on investment sales, marketing, the net lease industry, 1031 tax-deferred exchanges, and North Dakota real estate at panels and conferences.
Michael has achieved the highest level of recognition in the commercial real estate industry by earning both the Certified Commercial Investment Member (CCIM) and The Society of Industrial and Office Realtors (SIOR) designations. These distinctions place him among a select group, as only approximately 850 of the more than 2 million REALTORs hold both.
With his extensive experience, remarkable achievements, and comprehensive skill set, Michael Houge is a valuable asset in the commercial real estate industry. His dedication, knowledge, and ability to navigate complex transactions make him a trusted advisor for clients seeking unparalleled expertise in their real estate endeavors.