Terry Jacobs

Terry Jacobs Email and Phone Number

Owner - Jacobs & Associates LLC - Associate Director of National Retail Group at Marcus & Millichap @ Marcus & Millichap
calabasas, california, united states
Terry Jacobs's Location
Minneapolis, Minnesota, United States, United States
Terry Jacobs's Contact Details
About Terry Jacobs

Over 25 years of experience in the commercial real estate industry resulting in hundreds of transactions as both buyer and seller.As Senior Regional Real Estate Manager for Target Corporation, I procured and closed on more than 125 new store locations (representing over $300M in corporate real estate investment) throughout the United States. I provided strategic leadership for over 10M SF of corporate facilities and over $1.25B in total capital investment. I achieved an average savings of 3.5% on the approved capital budget verses the actual cost. Developed over 5M SF of retail space in the United States. Using real estate and entrepreneurial spirit, I also developed many power centers and Target anchored shopping centers nationally. I have an extensive knowledge and unique understanding of the underwriting, investment and sales side of real estate which offers all employers and clients a definite advantage.Decisive, accountable, pragmatic and result oriented executive with strong interpersonal communication, management and organizational skills. My multi-disciplined background in real estate, planning and architecture brings a broad and unique understanding to each project and attaining the company’s strategic goals and economic parameters. Personal ownership for each project results in an on budget and on time delivery. A team player, who is open minded, flexible, committed and passionate to bring his talents and creativity to each opportunity. ● Project Management ● Program Innovation● Intuitive Relationship Building ● Financial Analysis● Entrepreneurial Leadership ● Market Analysis● Site Selection ● Concept Development● Entitlements and Approvals ● Vendor Management● Negotiation ● Risk Management● Underwriting ● Contract Management● Construction ● Phasing & Sequencing

Terry Jacobs's Current Company Details
Marcus & Millichap

Marcus & Millichap

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Owner - Jacobs & Associates LLC - Associate Director of National Retail Group at Marcus & Millichap
calabasas, california, united states
Employees:
3759
Terry Jacobs Work Experience Details
  • Marcus & Millichap
    Associate Director Of The National Retail Group
    Marcus & Millichap Jan 2013 - Present
    Greater Minneapolis-St. Paul Area
    Associate Director with the National Retail Group (NRG), focusing his business by exclusively representing real estate investors and capitalizing on the value of representation through the disposition and acquisition of income producing properties. Expanding his client's wealth and offering a smooth transaction is his goal. This is accomplished by achieving the highest price, in the shortest period of time, and bringing in the highest number of qualified buyers.Extensive knowledge and unique understanding of the underwriting and investment side of real estate offer his clients a definite advantage throughout the sales process.
  • Tjacobs & Associates Llc
    Owner
    Tjacobs & Associates Llc 1997 - Present
    Minneapolis, Mn.
    Commercial Real Estate Development, Leasing, Consulting and Brokerage. Current projects include:----- Redevelopment of 900 W 50th Street in south Minneapolis is the redevelopment of a former service station site. The new development will be a 6,000 sq. ft. retail building with on-site parking. The development will deliver a single-story retail building that focuses on the wants and needs of the Lynnhurst residents, empowering local business owners, and contributing to the elegance of the Lynnhurst Community. The redevelopment of 900 W 50th Street will improve the pedestrian experience and safety at this intersection and provide convenient shopping and dining options for public transit users, cyclists, and community members alike.----- "9's on the mall", the redevelopment of an exciting location at the epicenter of the newly renovated Nicollet Mall in downtown Minneapolis and across Nicollet from Target Store Headquarters. "9's on the mall" is located in the "South Groves" section of the mall and includes native species of plant material featuring seasonal colors and a pedestrian friendly atmosphere. A total of 38,000 sq.ft. consisting of two existing restaurants/bars, (Barrio & The Local) and a new restaurant, formerly (Ling & Louie's Asian Bar & Grill) now Randle's Restaurant and Bar featuring rooftop and patio dining. The development also features a spectacular new lobby with an elevator to the roof. The three new third floor office tenants benefit from a new connection to the skyway.
  • Desco Group
    National Real Estate Director Of Development
    Desco Group 1997 - Dec 2012
    Headquarters - St. Louis, Mo.
    Established and managed the Minneapolis office for St. Louis based The DESCO Group. Generated and developed 22 Target anchored shopping centers in 7 states, over 5M square feet. Responsibilities included: Market Analysis and Research, Site Selection, Negotiation, Documentation, Project Feasibility, Entitlements, Due Diligence, T.I.F. Agreements and Presentations.
  • Target
    Senior Regional Real Estate Manager
    Target 1992 - 1997
    Greater Minneapolis-St. Paul Area
    Provided strategic leadership for over 10M SF of corporate facilities (84 new stores) with a $25M operating budget throughout the United States which represented over $220M in land acquisition costs and $105B in total capital investment. Performed market and financial analysis, site selection, acquisition, negotiation, documentation, entitlements, budgets, and schedules for stores in new and existing markets.Development Team Leader for a team comprised of Real Estate, Legal, Research, Architecture, Engineering and Construction.Produced multiple store openings into "new markets" on schedule and within budget.Achieved an average savings of 3.5% on the approved capital budget verses the actual cost.
  • Ses Properties
    Vice President Of Development
    Ses Properties 1989 - 1992
    Carlsbad, Ca.
    Generated new projects and developed power centers in CA, FL, NV, NM & WI. (1,350,000 sf). Initiated feasibility studies, proformas, and financial analysis requirements for each project. Coordinated and managed overall due diligence, consultants, vendors, budgets, schedules, entitlements, and each project's design and architecture. Performed all required real estate transactions and documentation i.e. land acquisition, sales, leases and real estate agreements.
  • Target
    Real Estate Manager
    Target 1982 - 1989
    Minneapolis, Mn.
    Provided strategic leadership for over 3M SF of corporate facilities (25 new stores) with a $25M operating budget throughout the United States which represented over $90M in land acquisition costs and $350B in total capital investment. Performed market and financial analysis, site selection, acquisition, negotiation, documentation, entitlements, budgets, and schedules for stores in new and existing markets.Development Team Leader for a team comprised of Real Estate, Legal, Research, Architecture, Engineering and Construction.Produced multiple store openings into "new markets" on schedule and within budget.Achieved an average savings of 3.0% on the approved capital budget verses the actual cost.

Terry Jacobs Skills

Real Estate Development Location Intelligence Commercial Real Estate Entitlements Leases Corporate Real Estate Real Estate Real Estate Transactions Brokerage Land Acquisition Due Diligence Construction Disposition Landlords Contract Negotiation Project Management Tenant Dispositions Investment Properties Marketing Strategy Site Selection Site Planning Integrity Organization Accountability Mixed Use Architectures Market Research Financial Analysis Site Development Land Development Presentations Commercial Leasing Architecture Construction Management

Terry Jacobs Education Details

Frequently Asked Questions about Terry Jacobs

What company does Terry Jacobs work for?

Terry Jacobs works for Marcus & Millichap

What is Terry Jacobs's role at the current company?

Terry Jacobs's current role is Owner - Jacobs & Associates LLC - Associate Director of National Retail Group at Marcus & Millichap.

What is Terry Jacobs's email address?

Terry Jacobs's email address is tj****@****tch.com

What schools did Terry Jacobs attend?

Terry Jacobs attended Iowa State University.

What skills is Terry Jacobs known for?

Terry Jacobs has skills like Real Estate Development, Location Intelligence, Commercial Real Estate, Entitlements, Leases, Corporate Real Estate, Real Estate, Real Estate Transactions, Brokerage, Land Acquisition, Due Diligence, Construction.

Who are Terry Jacobs's colleagues?

Terry Jacobs's colleagues are Maribel Perez, Justin N., Tony Paugh, Gladys Estrada, Kathy Lahiff, Sofee Desai, Lewis Wayne.

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