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Transwestern Expands Twin Cities Presence With Acquisition of Forte Real Estate Partners
Transwestern has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities.
The transaction adds 12 healthcare, office, and industrial tenant advisory team members and a broad property management portfolio, bolstering the firm’s service offerings and Midwest market presence. Established in 2021 through the merger of Excelsior Advisory and Paramount Real Estate Corp, Forte provides brokerage and property services across the Minneapolis-St. Paul region. Founders Steve Brown, Jim Jetland and Philip Simonet will join Transwestern, bringing decades of complementary experience and knowledge across healthcare, office and industrial real estate, respectively.
Brown joins the Minneapolis Healthcare group, which serves private practices, independent providers, and health systems, further strengthening one of Transwestern’s core business lines. Jetland and Simonet will remain actively engaged in supporting the growth of the office and industrial tenant advisory teams.
In less than five years, Forte has advised clients on more than $885 million in transactions and managed nearly 1 million square feet of commercial property. The Forte team will join Transwestern’s Minneapolis office at 705 Marquette Avenue South.
