Leadership

Paul Maenner has been active in the Minneapolis commercial real estate markets since 1993, and professionally involved in the real estate industry since 1984.

Paul Maenner, CRE^®, LEED AP^®

Paul has spent his career exclusively in commercial real estate as an advisor, developer and investor in the large format and specialty retail, multi-family, and senior housing sectors.

Prior to refocusing his energies through Maenner Property Advisors, Paul spent ten years cultivating multi-family and senior housing development opportunities for Minneapolis-based firms Axial Real Estate Advisors and The Waters Senior Living, respectively. At Axial, Paul partnered in over $250M of new investment activity, including direct property acquisitions and the management of complex joint-venture developments. At The Waters Paul played a key role in developing the firm’s first expansion market, Pittsburgh, resulting in over $75M in new projects.

From the late ‘90s to the early 2010s, Paul was a principal developer, investor, and advisor on a range of retail projects, including several complicated developments that required extensive municipal interaction and negotiation as well as on-site logistical oversight. This core work in development sharpened Paul’s entrepreneurial instincts as well as his relationship management and communication skills. During this time, which included two recessions, Paul successfully managed the delicate balance between lender, tenant, municipal and investor requirements, resulting in over $50M in sales and re-financings.

At each stage of his career, Paul has been a trusted advisor within his organization and to others. His advisory work has ranged from family office client representation to development services leadership.

“I had the pleasure of working with Paul when I purchased a property he redeveloped in St. Paul, MN. Because I signed a purchase agreement before the project was completed, I was able to observe Paul in action. His deep knowledge of real estate and his attention to detail led to the success of the project despite a difficult economic climate and a difficult, bureaucratic city process. I’ve now owned the property three years and I continue to be pleased with the quality of work that was done. I’m looking forward to the next one.”

John Trautz - Trautz Properties, Inc.

Hamline Shopping Center, St. Paul, MN

Experience

Maenner Property Advisors, Inc., Minneapolis, MN (2014 – present)
Axial Real Estate Advisors, LLC, Minneapolis, MN (2020 – present (advisor))
The Waters Senior Living, Minneapolis, MN (2015 - 2019)
MW Development, LLC, Minneapolis, MN (2004 – 2014)
Pinehurst Properties, Inc., Minneapolis, MN (1997 – 2003)
Maenner Company, Omaha, NE and Minneapolis, MN (1993 – 1996)
Landauer Associates, Inc., Chicago, IL (1986 – 1992)

Education

Bachelor of Science, School of Speech, Northwestern University, Evanston, Illinois, with minor concentrations in Economics and German.

Development Project Awards

NAIOP Awards of Excellence in 2004 for MW Property Advisors’ redevelopment of 701 East Lake Street in Downtown Wayzata, Minnesota
NAIOP Awards of Excellence in 2001 for the Pinehurst Building while at Pinehurst Properties, located in one of the Twin Cities’ most prestigious retail neighborhoods at “50^th & France” in Minneapolis, Minnesota

Community Service

Past Board Chair, Youth Frontiers, a Minneapolis character development and anti-bullying organization. Also actively involved professionally with The Counselors of Real Estate, Urban Land Institute, Minnesota and the Twin Cities Housing Alliance (TCHA).