Steven B. Hoyt

Chief Executive Officer
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416
612.338.3199
steveh@hoytproperties.com

Steve Hoyt, founder of Hoyt Properties, Inc., has been responsible for over $500 Million in transaction value during his career. Over the past thirty years, Hoyt Properties has developed and acquired over six million square feet of commercial space primarily in the Twin Cities.

In 1994, Hoyt Properties contributed approximately $100 Million in properties as a founder of First Industrial Realty Trust (NYSE-FR) in connection with its IPO. Steve remains a shareholder of the nation’s largest industrial REIT.

Steve continued his REIT investment by contributing a substantial portfolio to Investors Real Estate Trust (NASDAQ-IRETS). He served on the Board of this two billion dollar company.

With access to private and public capital, Hoyt Properties offers various real estate solutions to its clients comparable to those of its largest competitors. Steve’s high service – high touch management philosophy gives Hoyt Properties a unique capability to deliver proven results unlike any other owner-manager in the market.

Steve received his J.D. degree from William Mitchell College of Law in 1977 after graduating from the University of Minnesota. He practiced law for a short while before devoting all of his time to his family companies.

Steve has served on the Board of Directors for the National Association of Industrial and Office Properties (NAIOP), the Better Business Bureau, Investors Real Estate Trust (IRET), and many charitable organizations including Bridging, Inc. and Summit Academy OIC.

Steve Nelson, SIOR

Partner
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416
612.746.5022
snelson@hoytproperties.com

Steve's success with Hoyt Properties can be attributed to his superior market knowledge and his skill in building lasting relationships with his clients. His in depth knowledge of the market, coupled with his aggressive marketing ability, has provided the foundation for many long-term relationships with corporate users as well as owners of commercial real estate.

Steve works on behalf of a variety of institutional and entrepreneurial clients, whether they are owners or tenants, buyers or sellers. He fully understands and is experienced with the complexities of the entire sale and lease negotiation process and is able to efficiently guide his clients from beginning to end ensuring complete satisfaction.

Since 2000 Steve has been involved in over 1,000 sale/lease transactions that can range from 200 square feet to 150,000 square feet, and $500,000 to over $50,000,000 respectively.

Steve is a licensed real estate professional in the State of Minnesota with an SIOR designation, The Society of Industrial and Office Realtors.  He is also a member with the National Association of Industrial and Office Properties (NAIOP), as well as the Minnesota Commercial Association of Realtors (MNCAR).

Julie Bauch

Managing Director of Property Management
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416
612.860.2467
julie@hoytproperties.com

With over 23 years of commercial real estate experience, Julie understands that a property well managed enhances that property’s value; she has become and expert at tenant retention and long-term client relationships.  Julie acquired a broad base of knowledge in the real estate industry during her tenure with CBRE as Associate Director of Property Management where she managed a team of 19 professionals and a portfolio of 12.4 million square feet of retail, office and industrial properties.  Previously, Julie held a position of Assistant Vice President of New Business Development at United Properties. While there, she represented institutional clients including Aetna, Travelers, MassMutual, Principal, and Invesco, as well as local companies like Architectural Antiques, Northwestern Book Stores, Hirschfield's, Project Pathfinder, Peerless Land Company and Swervo Development Corporation.

Julie has been involved with a number of organizations. She was a board member on the St. Paul Mayor’s Business Review Council, Former Board Chair of the St. Paul BOMA; Co-Chair of the St. Paul BOMA Marketing Committee; Co-Chair of the St. Paul Downtown Alliance; the Gala Committee and Broker Committee. She was also a board member of the St. Paul Chamber of Commerce Political Action Committee and a member of the Future of Fourth Street Committee. Julie is frequently sought out to speak at different real estate venues. She teaches an ethics course for MNCAR that is a mandatory requirement for real estate licensees and has been a presenter of the St. Paul BOMA annual report for the past few years.

Elizabeth Lindquist Marana

Brokerage Coordinator & Property Manager 
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416
612.338.5647
elizabethl@hoytproperties.com

Elizabeth began her career at Hoyt Properties in 2005. As Brokerage Coordinator, she provides administrative, marketing and brokerage support.  She is responsible for designing and creating all marketing collateral for the team, primarily working in Adobe InDesign, Illustrator, and Photoshop, creating the marketing brochures, offering memorandums, marketing proposals, Brokers Opinions of Value packages, aerials, maps, site plans, financial information, and demographic reports, utilizing various resources such as MNCAR, CoStar and STDB Online.

As Property Manager, Elizabeth manages a variety of commercial real estate properties within the Twin Cities owned by Hoyt Properties, as well as investors, with a focus on building strong tenant relationships while overseeing the day-to-day management and operations.  She is responsible for all facets of property management including; budgeting, financial reporting, accounts receivable and payable functions, vendor/contractor bidding and supervision, initiating and dispatching work order requests to building engineers and following up on those requests with tenants, maintaining lease data, and overseeing tenant relations.

Elizabeth earned a Bachelor of Art's degree in 2002 from the University of St. Thomas in Philosophy with a minor Geology.

Mackenzie Damerow

Senior Associate 
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416
612.338.3195 
mdamerow@hoytproperties.com 

Mackenzie has been around real estate her whole life, growing up in a two broker household in Rochester Minnesota. Her own real life experience in the industry began at age 18, working initially on her parent’s team as a licensed buyer’s agent with Keller Williams Premier Realty while attending college. Here she acquired the basic knowledge and practices of real estate and further developed her skillset in customer-relations. She advanced her career by graduating in 3 years with honors and a Bachelor’s Degree in Real Estate Studies from the University of Saint Thomas.  During her studies, she was awarded the Stoffer/Stensby Real Estate Scholarship, was a two-time SIOR scholarship recipient, and was elected to compete on the St. Thomas Team in the NAIOP University Challenge. Mackenzie's focus and dedication to her clients have proven to be an advantage in this changing real estate market.

Mackenzie is a licensed real estate professional in the State of Minnesota and is a member of the Minnesota Commercial Association of Realtors (MNCAR). 

Ches Masserano

Associate 
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416 
612.338.5241
cmasserano@hoytproperties.com 

Ches is a Senior Associate on the Hoyt Properties, Inc. Industrial Brokerage Team with a focus on providing local and national real estate services. He works with firms interested in leasing, buying, or selling commercial properties. Ches strives to identify his clients' strategic business objectives and align them with their real estate decisions to provide the best options moving forward.

Ches began his real estate career in 2018 at Hoyt Properties, Inc. With a personal approach to his clients, he takes the time to understand their unique requirements and needs. His entrepreneurial mindset and background in the industry allow him to navigate the complexities of real estate transactions effectively.

Ches is a licensed real estate professional in Minnesota and a member of the Minnesota Commercial Association of Realtors (MNCAR). He is a member with the National Association of Industrial and Office Properties (NAIOP). He is also on the Board of Trustees with International Ministerial Fellowship (IMF). Ches holds a Bachelor's degree from the University of Minnesota.

Gary Lally

Senior Vice President
5353 Wayzata Boulevard
Suite 500
Saint Louis Park, MN  55416
612.414.4743
garyl@hoytproperties.com

Gary joined Hoyt Properties, Inc. in 1984 where he became Senior Vice President of Development. Over the past years, Gary has been involved in the acquisition, leasing, sale and development of over eight million square feet of industrial and office space. His duties include all phases of the planning and development of net leased design build projects, and new multi-tenant speculative development, as well as leasing responsibilities of Hoyt’s extensive portfolio of expertise in working with cities and other governmental organizations in the development process.

Gary received his Bachelor of Arts degree in Political Science from the University of Minnesota in 1969. He was a self-employed small business owner prior to joining Hoyt Properties.

Gary has been actively involved with both professional and community based organizations. Some of his affiliations and honors include:

• REALTOR GRI
• Member of the Minnesota Chapter National Association of Industrial and Office Properties (NAIOP)
• Member of the Minnesota Commercial Association of Realtors (MNCAR)
• Past Chairman of the City of Bloomington Planning Commission
• Past member of the Bloomington Charter Commission
• Member of the Burnsville Economic Growth Commission
• Past Vice President of Education Ordway Circle of Stars (Ordway Center for the Performing Arts)