March 21, 2019
Valbridge Property Advisors, the largest independent commercial property valuation and advisory services firm in the United States, announced today that Insight Realty Advisors has acquired the Valbridge | Minneapolis-St. Paul office.
Tony Lesicka, MAI, Rick Nordquist, MAI, Josh Folland, MAI, CCIM, and Nathan Hansen make up the key personnel of the office.
Tony Lesicka has been an active commercial real estate industry professional since 2003. Prior to joining Valbridge, he co-founded Insight Realty Advisors, a commercial real estate appraisal firm based in St. Paul, MN. Mr. Lesicka has broad experience in commercial real estate, having worked for a national commercial real estate developer, an agency lender, and having developed the appraisal departments for two banks headquartered in the Twin Cities.
Rick Nordquist has 15 years of real estate appraisal experience. He co-founded Insight Realty Advisors in 2013, where he served as a Principal before joining Valbridge. He is experienced in valuing a variety of property types throughout the Upper Midwest, specializing in valuation of auto dealerships, residential subdivisions, restaurants, and urban mixed-use properties. Rick holds the Appraisal Institute’s MAI designation.
Josh Folland has been active in the real estate industry since 2002. Before joining Valbridge, he was a Principal at Insight Realty Advisors. In addition, he has wide-ranging experience in the commercial real estate industry, including working in asset management and leading the real estate due diligence functions for a bank. Josh holds the MAI and CCIM designations and is an active volunteer for the North Star Chapter of the Appraisal Institute, currently serving as Chapter President in 2019.
Nathan Hansen has been active in the real estate industry since 2002. Prior to joining Valbridge, he was a Principal at Insight Realty Advisors. He is experienced in valuing a variety of property types throughout Minnesota and Wisconsin, including industrial, retail, office, multifamily, golf courses, hotels, vacant land, and residential subdivisions. He has specialized in appraising properties for eminent domain purposes and is qualified to value personal property and equipment.
Valbridge Property Advisors is pleased to have the Insight team join the Minneapolis-St. Paul office and further reach this area. Richard Armalavage CEO-President stated, “Valbridge Property Advisors is very excited to have Insight Valuation join our team. Insight is a group of young, dynamic appraisal professionals with an excellent reputation for commitment to quality. They are a fantastic addition to our appraisal company.”
About Valbridge Property Advisors
Valbridge Property Advisors is the largest commercial property valuation and advisory services firm in the U.S., with 200 MAI-designated appraisers, more than 70 office locations and more than 675 staff across the nation. Valbridge provides independent appraisal services consistent with the highest industry standards of practice. Each Valbridge office is led by an appraiser who holds the MAI designation of the Appraisal Institute. For more information about Valbridge Property Advisors, please visit https://www.valbridge.com.