Frauenshuh Commercial Real Estate Group (Frauenshuh) today announced that BTO Development, LLC (BTO) will be incorporated into the organization, operating under the Frauenshuh umbrella. The addition will add to the growth of Frauenshuh’s property management portfolio and supplement its property development across all market sectors, positioning the merged entity as one of the most comprehensive commercial real estate firms in Minnesota.
As part of the transition, BTO president and owner, Allen Hill, will join Frauenshuh as the senior vice president of development services. Joining Mr. Hill in the BTO transition to Frauenshuh will be Jeffrey Jonswold, BTO director of property management, Jeffrey Simonsen, building maintenance engineer, and Marie Greenwood, receptionist/administrative assistant.
“This transaction is a tremendous opportunity for us to expand our breadth of real estate services both on a local and national level within the commercial real estate industry,” said Dean Williamson, president of Frauenshuh. “Bringing BTO into the Frauenshuh family will help us maintain an unparalleled level of industry expertise and it reaffirms our commitment to provide the best possible service and solutions to our clients.”
Joining forces will allow both companies to stay on the leading edge of service for their clients by combining their strengths while maintaining focus on the needs of their clients. Both companies share a common passion for an unparalleled standard of professionalism and the highest level of customer service.
“Merging with a strong, well-capitalized full-service commercial real estate firm such as Frauenshuh will significantly enhance the depth of resources available to BTO clients, tenants and business partners,” said Allen Hill, Frauenshuh senior vice president of development services. “We pledge our continued commitment to provide industry leading solutions and services.”
BTO Development Corporation was founded 37 years ago by partners Kenneth Benson, William Thomas and Thomas O’Connell. The firm’s operations and ownership were assumed by Allen Hill in April of 2014. At that time BTO was restructured as BTO Development, LLC.
About Frauenshuh Commercial Real Estate Group
As a leading commercial real estate firm for nearly 35 years, Frauenshuh Commercial Real Estate Group provides full service solutions to its clients by utilizing in-depth market knowledge and innovative market-leading tools. From its beginnings as a property management company in 1983, David Frauenshuh quickly grew the company into a full-service real estate firm, with services covering a broad range of real estate needs including leasing and brokerage, tenant representation, development, project administration and property and asset management. For more information, please visit www.frauenshuh.com.