Our Team

Nick Gustafson

Principal - Investment/Commercial Sales

CCIM

nick@benderco.com
(605) 782-1668, (605) 201-2809

Specialties: Multi Family, Office, Investment, Retail

Nick Gustafson is a twelve year veteran commercial real estate broker.  Nick started taking real estate classes in his final year at Augustana College and started his brokerage career upon graduation.  Applying the phone skills he acquired at his college sales job with Gateway Computer, Nick made thousands of cold calls in his first year in the business, quickly becoming a leading tenant rep broker, honing his deal making skills on small to mid-sized office leases.


Nick actively expanded his client base with repeat business and aggressive prospecting. Tenant representation deals led to listings and listings led to an increasing number of commercial building sales.  Nick spends the majority of his time working on investment and commercial real estate sales transactions over $500,000.


An excellent example of Nick’s recent work is the disposition of a local real estate portfolio held by a trust. Nick sold seven properties totaling over $10 million in assets in a 2 year period in order to meet his client’s objectives.


Nick has a unique advantage of over a decade of experience in the commercial real estate business while still in his early 30s. Nick and his wife Shannon are the proud parents of one son, Declan, who was born in 2012 and one daughter, Reagan, who was born in 2014.   
 

Some of Nick's notable transactions include:

Seller Representation:

  • Village Square Apartments - $2,200,000
  • JN Properties Warehouses - $3,500,000
  • Amiotte Law Center - $450,000
  • Southern Hills Apartments - $1,200,000
  • Sioux Falls Music Property - $735,000
  • Statesman Apartments - $500,000
  • Park Place Office Building - $2,600,000
  • American-U-Store Facility - $250,000
  • Hackberry Plaza - $400,000
  • 1111 South Cliff Avenue Warehouse - $1,170,000
  • Jackson Height Apartments - $1,400,000
  • AT&T Building on 50th Street North - $510,000
  • 3701 South Western Avenue - $1,300,000
  • Convention Center Office Building - $525,000
  • 2900 Building - $860,000
  • Parks Shady Acres Manufactured Home Park - $575,000
  • 46th and Western $646,000

Tenant Representation:

  • Capital One Call Center Renewal - 158,000 sq. ft.
  • Beacon Roofing - 30,000 sq. ft.
  • Land Title Guaranty - 7,668 sq. ft.
  • Rapid City Call Center - 45,000 sq. ft.
  • Chenega Logistics, LLC - 6,000 sq. ft.
  • Holmes Murphy - 10,000 sq. ft.
  • Volunteers of America - 7,793 sq. ft.
  • Brookings Seed Lab Build to Suit – 67,892 sq. ft.

Landlord Representation:

  • JN Properties - 45,000 sq. ft.
  • Hudson America Building, Rapid City - 75,000 sq. ft.
  • Ensz Property - 5,916 sq. ft.
  • JN Properties on 50th Street North - 9,775 sq. ft.
  • Denssen Plaza - 8,326 sq. ft.
  • Park Ridge Office Building - 2,014 sq. ft.
  • Risk Administration Services Building - 13,000 sq. ft.
  • MacRandall Office Building - 3,500 sq. ft.

Buyer Representation:

  • Tickman Warehouse - $720,000
  • Pillar Insurance Building - $340,000
  • Black Events & Advertising Building - 2,532 sq. ft.
  • 5120 South Solberg Avenue - $1,825,000
  • Tri State Garage Door - $425,000
  • Dakota Beverage Land - $1,400,000
  • Dell Rapids Family Dollar - $1,100,000