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Name: Kordonowy, Peter

Contact Card: Download

Street Address:
6495 City West Parkway,
Eden Praire, MN, 55344

Primary Phone: (952) 473-5650

Secondary/Cell Phone: (952) 221-7580

Fax: (866) 466-2280

Specialty: Industrial, Office, Land, Retail, Investment, Tenant Rep

Area: Twin Cities

I have worked exclusively in the field of commercial real estate for over 24 years. During this period of time, I have completed over 440 transactions representing 3.25M square feet of space, and have been involved with the development, acquisition, or disposition of over 1.6M square feet of space. I have a solid background in brokerage, property management, construction management, development, and acquisition. Now, I oversee a team of 9 industry professionals who work in the areas of industrial, office, retail, land, and investment commercial real estate.

I earned his Bachelor of Arts degree from St. John’s University, Collegeville, MN in 1992. While in college in the fall and winter of 1991, I participated in a study abroad program in Greece, Turkey, Italy, and travelled parts of Europe by train. After school, and prior to working in the field of commercial real estate, I worked in sales and technical sales with 2 local companies. I began his commercial real estate career with Steiner Development, Inc. in 1996 as Property Manager for a portfolio of 1.5M square feet with over 100 tenants. In 1999, I became a Sales Associate responsible for business development and for marketing and leasing a 2.5M square foot real estate portfolio. Then in early 2005, became Director – Business Development prior to leaving and starting myown venture, Summerhill Commercial Real Estate, LLC in March of 2006.

I attained the designation of CCIM (Certified Commercial Investment Member) in August 2008.  I am also a member of MNCAR and NAIOP.  I served as a board member of MNCAR from early 2014 through 2018.  On January 2, 2018, Summerhill Commercial acquired Steiner Development & Steiner Commercial Realty. Summerhill now consists of 1 Principal/Broker, 3 Broker/Agents, 2 Property Manager/Agents, 1 Accounting Professional, 2 Property Accountants, and 1 Property Maintenance Technician. Summerhill specializes in the industrial, office, and retail sectors of commercial real estate, among others, throughout the Twin Cities of Minneapolis and St. Paul, MN. Our services include Tenant and Buyer representation, property management, property sales, leasing, and brokerage, construction, investment and acquisition, development, and real estate advisement. In his off time, I enjoy spending time with my family, reading, travel, current events, hiking, fitness, running, and biking. I completed a half marathon in 2012 (Lola’s Lakehouse Half Marathon in Waconia), the 20 mile Bear Water Run in White Bear Lake in 2012, and the Twin Cities Marathon in 2013.

Specialties: Industrial, office, retail, land, and multi-family specialists throughout the Twin Cities of Minneapolis and St. Paul, MN. Tenant and buyer representation, property management, property sales, leasing, and brokerage, construction, investment and acquisition, development, and real estate advisement.

REALTORS® aren’t just agents. They’re professional members of the National Association of REALTORS® and subscribe to its strict code of ethics. This is the REALTOR® difference for home buyers:

  1. Ethical treatment. Every REALTOR® must adhere to a strict code of ethics, which is based on professionalism and protection of the public. As a REALTOR®’s client, you can expect honest and ethical treatment in all transaction-related matters. The first obligation is to you, the client.
  2. An expert guide. Buying a home usually requires dozens of forms, reports, disclosures, and other technical documents. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes. Also, there’s a lot of jargon involved, so you want to work with a professional who can speak the language.
  3. Objective information and opinions. REALTORS® can provide local information on utilities, zoning, schools, and more. They also have objective information about each property. REALTORs® can use that data to help you determine if the property has what you need. By understanding both your needs and search area, they can also point out neighborhoods you don’t know much about but that might suit your needs better than you’d thought.
  4. Expanded search power. Sometimes properties are available but not actively advertised. A REALTOR® can help you find opportunities not listed on home search sites and can help you avoid out-of-date listings that might be showing up as available online but are no longer on the market.
  5. Negotiation knowledge. There are many factors up for discussion in a deal. A REALTOR® will look at every angle from your perspective, including crafting a purchase agreement that allows enough time for you to complete inspections and investigations of the property before you are bound to complete the purchase.
  6. Up-to-date experience. Most people buy only a few homes in their lifetime, usually with quite a few years in between each purchase. Even if you’ve done it before, laws and regulations change. REALTORS® handle hundreds of transactions over the course of their career.
  7. Your rock during emotional moments. A home is so much more than four walls and a roof. And for most people, property represents the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on the issues most important to you.

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