Real Estate Forum: Forum 100
Welsh Companies
Brokerage | Honorable Mention
         
Company:   Welsh Companies    
Address: 7807 Creekridge Circle    
City: Minneapolis    
State: MN    
Zip:   55439    
Phone: 952-897-7700    
Fax: 952-988-9056    
Email: mail@welshco.com    
Website: www.welshco.com    
Key Executive      
1. Name: William Wardwell, SIOR    
    Title: Executive Vice President    
2. Name:      
    Title:    
3. Name:      
    Title:    
4. Name:      
    Title:    
* Number of Offices: 6    
* Number of Employees: 282    
* Gross Revenues Fiscal Year 2006: 500.0 million    
* Projected Revenues Fiscal Year 2007: 500.0 million    
Selected Areas of Specialization: Sales and leasing, investment services, corporate real estate services, tenant representation, client representation, property management, facilities management, non-profit real estate consulting.    
Company Overview: Welsh is a full-service commercial real estate company headquartered in the Twin Cities with regional offices in Bloomington, Minneapolis and St. Paul, Minnesota; Chicago, Illinois; St. Louis, Missouri and Detroit, Michigan. The Welsh organization consists of more than 300 professionals whose expertise extends into every aspect of commercial real estate including office, industrial and retail brokerage, corporate services, property management, facility management, construction, architecture, development, mortgage banking and investment services. The brokerage division, NAI Welsh, is an affiliate of New America International (NAI), a multinational network of skilled commercial real estate professionals strategically located in 350 markets worldwide.    
*Total Number of Transactions Closed in 2006: 1077    
Total Number of Leases: 901    
Total Number of Sales: 176    
*Total Value of Transactions Closed in 2006: 1.3 billion    
Total Value of Leases: 443.1 million    
Total Value of Sales: 830.2 million    
Percentage by Property Type:      
Office: 34    
Industrial: 44    
Retail: 19    
Apartments: 1    
Hotels:    
Other: 2    
(Please specify) Land    
Percentage by Geographic Area:      
Northeast: %    
Southeast: 2 %    
Midwest: 95 %    
Southwest: 2 %    
West: 1 %    
International: %    
Average Transaction Volume per Broker:      
Number of Deals: 17    
Value .