Investment & Commercial Real Estate
At Hegg Companies our top priority is helping our clients with their investment needs. We leverage our market knowledge. We think outside the box. We deliver a diversity of experience and creativity customizing solutions to fit our clients’ needs and exceed our clients’ expectations.
We invite you to take a look inside Hegg Companies. We love what we do and it shows. Since 1945 and three generations, we’ve made a significant contribution to our clients’ success and continue to deliver the results they expect.
Peter Hegg, CCIM
Chairman of the Board
Hegg Companies, Inc.
Steve Westra
Chief Executive Officer
Esprit Memory Care, LLC
Our team is comprised
of dedicated, honest
and community-involved individuals who are committed to delivering results for all of our clients.
With over 60 years and three generations of experience, the Hegg Companies team is focused on our four
key business values:
Paul Hegg, SIOR, CCIM
President & CEO
Jacque Christopherson, CPM
Estate & Property Management Director
Broker Associate, Commercial
Sales & Leasing
Jennifer Seifert-Brenna
Vice President
Hospitality Operations
Kristen Hegg Zueger, SIOR
Executive Vice President
& Commercial Real Estate
Meet our Leadership Team:
Click on any of the photos or names above to view each team member's complete bio.
Click on the arrow in the lower right corner of each team member to view a complete bio.
In 1945, P. Ode Hegg began selling farmland in eastern South Dakota. It was the beginning of Hegg Companies, Inc., a family business founded on the principles of integrity and exceptional service.
In the 1960’s Peter Hegg became the second generation to lead the Hegg family business, adding his special expertise in hospitality, development and management. For over 40 years, Peter provided vision and leadership as Hegg Companies’ President and CEO.
In April 2002, Hegg named Paul Ode Hegg as its President and CEO. Paul brings his extensive experience, management expertise and pride in three generations of Hegg service to this position of leadership.
• Hilton Garden Inn, Sioux Falls, SD (103 rooms, 4,000 square feet of meeting space)
• SpringHill Suites by Marriott, Sioux Falls, SD (84 rooms, 1,100 square feet of meeting space)
• Courtyard by Marriott, Sioux Falls, SD (102 rooms, 1,900 square feet of meeting space)
• Wingate by Wyndham, Gillette, WY (84 rooms, 750 square feet of meeting space)
• Courtyard by Marriott, Moorhead, MN (126 rooms, 10,000 square feet of meeting space)
• Dollar General, Sioux Falls, SD
• Dollar General, Freeman, SD
• Dollar General, Flandreau, SD
• Dollar General, Madison, SD
• Spiegel Call Center, Rapid City, SD (43,363 square feet)
• Unisource Distributing, Sioux Falls, SD (31,212 square feet)
• Prairie Tree Office Park, Sioux Falls, SD (16,800 square feet)
• Hegg Building, Sioux Falls, SD (19,993 square feet)
• American Express Advisors Building, Sioux Falls, SD (8,000 square feet)
• Dakota Dunes Office Building, Dakota Dunes, SD (30,000 square feet)
• Majestic View Apartments, Sioux Falls, SD (40 units)
• Memorial Park Apartments, Rapid City, SD (55 units)
• Prairie View Office Building, Sioux Falls, SD (6,375 square feet)
• Deer Run Condominiums, Sioux Falls, SD (22 units)
• Country General Developments, SD and ND locations
• AmPride Conveniences Stores, KS and NE locations
• T.G.I. Fridays Restaurants, Sioux Falls, SD and Lincoln, NE
• Gateway Apartments, Sioux Falls, SD (46 units)
• Willow Wood Apartments, Sioux Falls, SD (168 units)
• Western Park Apartments, Sioux Falls, SD (64 units)
• Days Inn, Salt Lake City, UT (110 rooms)
Commercial Brokerage
Full service, strategic commercial real
estate brokerage services producing
results that exceed client expectations.
Investment
Specializing in real property investment opportunities in high demand and strong performing markets, to provide for strong yield performance.
Hospitality Management
Innovative, proven expertise in hotel
development and management of
hospitality properties.
Esprit Memory Care
Exceptional memory care and assisted living facilities dedicated to providing an environment that allows seniors to live with pride and dignity.
Hegg Companies is a valued local, regional and national provider of resources and solutions that help businesses, investors and clients achieve their goals and objectives.
Just take a look at what we all do...
Click on any of our services listed here to learn more.
Commercial Property Management
Over 40 years of a specialized and detailed
approach dedicated to all aspects of commercial property management including office, retail, industrial and hospitality properties.
Circle H Ranch
A unique and private retreat available for hunting excursions, business functions or family gatherings throughout the year. Click on the icon to the left to be directed to the Circle H Ranch website for more information.
Development
Through a visionary and strategic approach,
Hegg Companies hasthe history and experience of developing all types of properties to meet our clients' needs and objectives.
John Deere
The operation of three full service John Deere dealerships in northwest Iowa with locations in Spencer, Sibley and Lake Park. Click on the icon to the left to be directed to the John Deere dealership specific to these locations.
Hegg Companies’ listings include a little bit of everything. From high end retail space, to land, to industrial properties, to Class A office, and properties for sale, lease or for investment purposes.
To take a look inside Hegg Companies’ listings, please click on the link below!
Click on any of the news stories below for more information.
While this look at Hegg Companies
may have been enlightening, it is
only a peek. For three generations, Hegg Companies has maintained a reputation of integrity, honesty, hard work and results.
We are eager to show you more...
in person! We'd like to put our experience, energy and enthusiasm to work for you.
Contact us today!
info_heggcompanies.com
A proven leader in Hegg Companies Brokerage Division, Paul Ode Hegg is a veteran in the industry. Paul began his career in the commercial real estate field in 1993 with Hegg Companies, Inc. in Sioux Falls, SD, selling and leasing all types of commercial real estate properties including office, retail, warehouse, land, multi-family and income producing properties. In January of 1999, Paul assumed responsibility for the management of the Commercial Real Estate Sales and Leasing Division, overseeing its day-to-day operations. During this time, he received the professional designation of Certified Commercial Investment Member (CCIM). Paul has also been certified by and is a member of the Society of Industrial and Office Realtors (SIOR), a professional symbol of the highest level of knowledge, production, and ethics in the real estate industry. Paul's thorough understanding of commercial real estate, development, syndications and hospitality management combined with his straightforward, honest and enthusiastic approach has provided the foundation of many long term client relationships and business growth.
Paul graduated in 1992 from Gustavus Adolphus College in St. Peter, Minnesota with a B.S. degree in Business Management. His background, with years of commercial real estate experience, the third (3rd) generation owner of the firm and the day-to-day knowledge of the investment real estate industry, along with the hands-on management role that he plays within the organization (Paul was appointed as President and CEO of Hegg Companies in April 2002), has provided him with the tools and skills necessary to be a significant leader in the development and management of hospitality properties for Hegg Hospitality, a division of Hegg Companies, Inc. Paul has responsibility for oversight of Commercial Brokerage, Commercial Property Management, Asset Management, Hospitality Sales, Development and the recent addition of Esprit Memory Care. In addition to his involvement with Hegg Companies, Hegg Hospitality and Esprit Memory Care, Paul is involved in the ownership and oversight of three John Deere Dealerships, the ownership and management of commercial real estate investment properties and the daily oversight of the family trusts.
Paul is actively involved on various boards throughout the community and region including the Sioux Falls Development Foundation, Lutheran Social Services, Habitat for Humanity, and Wealshire, LLC (dba Wealshire of Bloomington), among others.
Peter P. Hegg graduated from St. Olaf College in Northfield, Minnesota with a Bachelor of Arts Degree, with majors in Speech and Economics. He has extensive experience in the development, acquisition, management, and disposition of all types of properties including hotels, apartments, and commercial properties.
He is a former Chairman and member of the South Dakota Real Estate Commission; former Regent at Augustana College Sioux Falls, South Dakota; former Sioux Falls Chamber of Commerce Board Member; Past Chairman and Board Member of South Dakota Diversified Credit Services; Past Board Member of the Days Inn Franchise Advisory Committee; Past Board Member of Days Inns of America, Incorporated; and Past and Present Board Member of various organizations and companies throughout the United States and the region.
Pete is also a fifty-percent stockholder in three John Deere agricultural dealerships located in northwest Iowa, and is owner of the Circle H Ranch hunting lodge in Gregory, South Dakota.
A proven leader in Hegg Companies Office and Retail Brokerage Division, Kristen Hegg Zueger is a veteran in the industry. Kristen began her career in the commercial real estate field in 1989 in Minneapolis, MN, and achieved the Rookie of the Year award within her first year in the business. She continued that momentum as a leading commercial real estate professional within the Twin Cities market. Her commercial real estate career took her to Sioux Falls, SD in 1995 to join the family business as a third generation owner of a successful company started in 1945 by her grandfather. Along with an ongoing sales career Kristen has taken on management responsibilities of internal divisions and the raising of equity through various mediums including limited partnerships. Kristen's thorough understanding of commercial real estate, combined with her straightforward, honest and enthusiastic approach, has provided the foundation of many long term client relationships and business growth.
Kristen graduated with honors from St. Olaf College in Northfield, Minnesota with a major in Economics and two minors in Accounting and Management. Since joining the commercial real estate industry, Kristen has obtained the esteemed SIOR (Society of Industrial and Office Realtors) designation which represents the most knowledgeable, experienced and successful commercial real estate brokerage specialists internationally. Kristen is a member of the National Association of Realtors and the International Council of Shopping Centers (ICSC) where she is an active member.
Kristen's background, 22 years of commercial real estate experience and day-to-day knowledge of the investment real estate industry, along with the hands on management role that she plays within our organization, has provided her with the tools and skills necessary to be a significant team leader in the development and management of hospitality properties for Hegg Hospitality, a division of Hegg Companies, Inc., and as a partner in the recent formation of Esprit Memory Care, LLC.
Kristen has had leadership roles on various boards throughout the region including McCrossan Boys Ranch Board of Directors; McCrossan Boys Ranch Foundation Board; The Sioux Empire Chapter of the American Red Cross Board of Directors; Sanford Foundation Board and Sioux Falls Area Chamber of Commerce, among others.
Steven M. Westra is the Chief Executive Officer of Esprit Memory Care. His goal is to lead Esprit Memory Care to become the premier facility dedicated to the life, health, and well-being of those who suffer from dementia. Mr. Westra's personal, first-hand experience has enabled him to understand the debilitating effects that dementia, in all its forms, has on the daily struggles of caregivers and families, as well as those afflicted. In late 2009, Mr. Westra and Paul Ode Hegg, President of Hegg Companies, Inc., began discussions on building facilities around the Midwest that will allow residents suffering from dementia to live and die with pride and dignity.
Mr. Westra holds a Bachelor of Science degree in Business Administration from the University of South Dakota. Prior to being one of the founding members of Esprit Memory Care, Mr. Westra spent 16 years in various roles with Pfizer (formerly Wyeth) and brings experience in management strategy, brand building, and workforce development. He has strong business acumen in operations, human resources, state government, and business development. In addition, Mr. Westra has served two terms with the Board of Health for the City of Sioux Falls. He excels at recognizing business priorities while maximizing the performance of the business and the development of people. His responsibilities include the day-to-day management of Esprit Memory Care as well as other projects, including business acquisitions and development.
Holly joined Hegg Companies in 2011 as the Chief Financial Officer. She has over 25 years of experience in public accounting and has worked in private accounting since 2010 bringing a wealth of knowledge to Hegg Companies. As part of her day-to-day responsibilities, Holly oversees all areas of finance, including but not limited to: Hospitality, Commercial Property Management, Commercial Real Estate Brokerage and Development. Holly specializes in financial reporting and controls and has worked with companies in a variety of industries including manufacturing, banking, hospitality, employee benefit plans and not-for-profit entities. She has worked with companies performing due diligence procedures for mergers and acquisitions as well as public reporting companies and initial public offerings. She has assisted businesses with a variety of business advisory services.
Holly is a member of the American Institute of Certified Public Accountants; South Dakota Society of Certified Public Accountants, and is a licensed CPA in South Dakota.
A leader in the Sioux Falls community, Holly currently serves on the South Dakota Board of Accountancy as Board Chair; Treasurer of Sioux Falls Downtown Rotary; and is on the Sioux Falls Jazz and Blues Board of Directors, and the Better Business Bureau Advisory Board. Holly volunteers with Junior Achievement and Meals on Wheels. She has also played key roles in the Sioux Empire United Way, Habitat for Humanity, and SD Food Bank/Food Pantry on their Board of Directors and as Past President of those boards.
Holly Brunick graduated from the University of South Dakota with a Bachelor of Science degree in Business Administration with an Accounting major in 1982. She has also participated in CFO training sponsored through the University of Minnesota Carlson School of Business.
Jacque Christopherson began her real estate management career at Hegg Companies in 1987 as the Director of Property Management where she was responsible for strategic asset management of commercial and residential properties. She was recognized by her peers as Property Management Professional of the Year for two consecutive years. Under her effective management and willingness to do whatever was needed, problems were identified and solved; balancing the needs of all those involved while following extensive government regulations and laws. It is Jacque's skill with people that makes her so effective. Her tact, diplomacy and ability to handle any situation, along with her background and years of expertise led her to transition into commercial real estate sales. In commercial and hospitality sales her leadership and understanding of the business has proven to be a valuable tool in delivering results for her clients. Jacque returned to the property management arena in 2011 and took over the responsibilities of the Property Management division of Hegg Companies; managing Hegg Estate and Circle H Ranch business; and maintaining an active commercial brokerage career.
Jacque graduated with honors from Colorado Technical University with a Bachelor of Science Degree in Business Administration. She is one of three private management professionals in the state of South Dakota to earn the designation of Certified Property Manager (CPM) from The Institute of Real Estate Management (IREM). She holds a Broker Associate license and is an Affiliate Member of the National Association of Realtors. Her credentials endorse her competence, professionalism, and she is a trusted source of knowledge in the real estate industry.
Jennifer Seifert-Brenna earned her degree in Hotel/Motel/Restaurant Management at Moorhead State University in Moorhead, Minnesota, while working in the hospitality industry. After 18 years as a General Manager and 20 years in the industry, she has gained the trust and respect of her peers.
Jennifer joined Hegg Companies in June 2002 and along with her team has earned several prestigious service awards. She oversees the Hospitality Division of the company guiding the hotel leadership teams in daily operations and long term strategic planning. Jennifer has served on the Fargo-Moorhead Convention & Visitors Board of Directors, Fargo-Moorhead Chamber of Commerce Board of Directors, MSCTC Advisory Council. She has also been a volunteer with the Roger Maris Cancer Center, among other leadership roles within the community.
Jennifer, her husband Mike, and their three children relocated to Sioux Falls from Moorhead, MN in July 2010 to expand her role with Hegg Companies.
(Excerpts taken from Sioux Falls Argus Leader, November 2, 2011)
A Hilton Garden Inn is the newest piece in the ongoing transformation of Sioux Falls' downtown river greenway. A collaborative effort of Hegg Companies, Inc., and Lloyd Companies will begin to emerge from the former Schoeneman's site, with roughly 100 rooms and 7,000 square feet of conference and banquet rooms, the facility is expected to open by Memorial Day, 2013.
For the complete story, click here.
Circle H Ranch provided a fabulous retreat for the 2011 Hegg Companies summer outing held in August.
For many years, Circle H Ranch served as a traditional, private ranch reserved for the exclusive enjoyment of the Hegg family and their guests. In 1992, we expanded the use from a family ranch to a limited private retreat to accommodate hunters and guests. Today, we welcome all visitors -- from business retreats to family reunions and hunting groups.
MG Timothy Reisch, Adjutant General of the South Dakota Air National Guard, and the South Dakota Employer Support of the Guard and Reserve, extends sincere appreciation to Hegg Companies' support of their South Dakota National Guard members during the 2011 Missouri River Flood.
South Dakota National Guard's ability to rapidly respond to local and state emergencies depends upon the dedicated support and sacrifices of civilian employers. Hegg Companies is pleased to employ members of the Guard and Reserve and supports the efforts of our troops.
At Hegg Companies, we are a full service, strategic Commercial Real Estate Brokerage firm providing integrated services, detailed market intelligence and analytical and consultative assistance to property owners and occupants/tenants.
We provide exceptional commercial real estate services across all commercial property types and service lines while consistently delivering levels of service and success beyond our clients' expectations. You'll see we are conscientious in our dealings, ethical in our standards and committed to producing results desired by you, our clients.
Hegg Companies'’ listings include a little bit of everything. From high end retail space, to land, to industrial properties, to Class A office, and properties for sale, lease or for investment purposes.
For information about our commercial brokerage services or any of our properties, please email Kristen Hegg Zueger.
The Hospitality Management division of Hegg Companies offers innovative yet proven expertise in hotel development and management of hospitality properties. We operate our properties with a focus on revenue management and financial responsibility through the use of new technology, associate experience, and understanding market and industry trends. We understand the importance of building solid, honest relationships with our investors, vendors, clients, guests, associates and community. Our goal is to provide exceptional customer service to all.
What sets Hegg apart includes the number and variety of services offered and those are important considerations. But, the most critical distinguishing points are the skill with which our services are delivered, the experience and professionalism of the people providing them, and the level of passion they exhibit for their craft, each and every day.
We offer a wide array of management services that create value for the owner and maximize return on investment, while leveraging our strategic services to create an ongoing competitive advantage. We pride ourselves on the continuous development and implementation of our proven operational services, including recruitment, ongoing employee training, leadership, team building, forecasting, budgeting, and implementing superior sales and marketing initiatives.
Our management services are available as a complete and comprehensive package, or individually tailored to specific projects or needs.
We currently own and manage a portfolio of four select-service properties and the Circle H Ranch. For information about any of our hotel properties or about our management and hospitality sales services, please email Jennifer Seifert-Brenna . For information about Circle H Ranch, please email Jacqueline Christopherson .
Click on the lower right link below each photo to visit individual property websites.
Hegg Companies Inc. is a service oriented organization that has been in commercial property management of offices, retail, industrial and hospitality properties for over 40 years, so we have the procedures and resources in place that are necessary to maintain and maximize our clients portfolios.
Our professional, full service team of experts are trained in methods to enhance investments and tenant relationships. Our knowledgeable accounting staff strives for excellence in providing accurate financial information in a timely manner to keep clients well informed. And our uniformed maintenance team strives to not only meet, but exceed the expectations of property owners and tenants.
For more information about our full service or al a carte management services, please email Jacqueline Christopherson .
Through a visionary and strategic approach, Hegg Companies has the history and
experience of developing all types of properties to meet our clients' needs and objectives.
For more information about development opportunities with Hegg, email Paul Hegg .
Below are just a few examples of developments that Hegg Companies has successfully completed over the years:
Hegg Companies specializes in real estate investment programs across the risk/return spectrum for investors and adds value in every aspect of the process. We partner our history and experience in these types of investments with our strategic focus on opportunities to provide our clients with the results they desire.
We presently have investment opportunities available. For more information, call us at 605.336.2111 or email Paul Hegg.
Below are just a few examples of investment entities that Hegg Companies has successfully developed over the years:
• Spiegel Call Center, Rapid City, SD
• Bank Building, Mitchell, SD
• Bank Building, Watertown, SD
• Hilton Garden Inn, Sioux Falls, SD
• Courtyard by Marriott, Sioux Falls, SD and Moorhead, MN
• SpringHill Suites by Marriott, Sioux Falls, SD
• Investment Land, Sioux Falls, SD
• T.G.I. Fridays Restaurants, Sioux Falls, SD; Lincoln, NE; Au Claire, WI; Milwaukee, WI;
Appleton, WI; Madison, WI
• Wingate by Wyndham, Gillette, WY
• Days Inn Motels, Sioux Falls, SD; Pierre, SD; Lincoln, NE; Newton, IA; Fort Collins, CO;
Salt Lake City, UT
• Radisson Encore Hotel
• Western Park Apartments, Sioux Falls, SD
• Willow Wood Apartments, Sioux Falls, SD
• Majestic View Apartments, Sioux Falls, SD
• Village Apartments, Sioux Falls, SD; Flandreau, SD; Pipestone, SD; Slayton, MN;
Luverne, MN; Worthington, MN
• Building Leasebacks Sioux Falls, SD; Yankton, SD; Mitchell, SD
• Deer Run Condominiums, Sioux Falls, SD
• Sunflower Trail Townhome Development, Sioux Falls, SD
• Prairie Tree Office Park, Sioux Falls, SD
• Empire Restaurants Development Land, Sioux Falls, SD
• Dollar General Stores, Freeman, SD; Sioux Falls, SD; Flandreau, SD; Madison, SD
• Country General Stores, SD and ND locations
• Willow Creek Professional Building, Sioux Falls, SD
• Willow Creek Office Building, Sioux Falls, SD
• Hegg Office Building, Sioux Falls, SD
• TownePlace Apartments, Billings, MT
• Farm Investment Partnership, Southern Minnesota
• Esprit Memory Care, Omaha, NE and Lincoln, NE (pending completion)
Esprit Memory Care and Assisted Living is dedicated to providing an environment that not only meets seniors' increasing needs as they age, but allows them to live their lives with pride and dignity.
While fulfilling residents' needs for independence, privacy and social engagement, Esprit Memory Care and Assisted Living will offer spacious maintenance-free residences, helpful and personalized service, a safe environment, enriching activities and many options to address a wide range of healthcare needs. These options will include around-the-clock care, on-site healthcare assistance, innovative technology and a 24-hour emergency response system.
With a wide range of services that will be offered, Esprit Memory Care and Assisted Living will be perfect for couples who want to live together despite differences in their physical abilities. From doing dishes and other daily life skills to areas of spirituality, dance, music and art, Esprit Memory Care will provide residents with opportunities to be successful doing what they love. In addition, our exceptional memory care facilities will be designed specifically for seniors with Alzheimer's or other forms of dementia to provide the level of care and assistance they require.
Currently under construction, Esprit Memory Care assisted living residences and memory care assisted living suites will be conveniently close to main attractions in the communities we serve and provide a tremendous financial value.
For more information about Esprit Memory Care, email Steve Westra.
Hegg Companies Inc. is proud to announce its involvement as a leading sponsor of the 2011 Sanford Children's Gala "Forging Frontiers" event scheduled for Saturday, August 20, 2011 at the Sanford Center in Sioux Falls, South Dakota.
Join Hegg Companies in being the heart and spirit behind the trailblazing efforts at Sanford Children's while enjoying dinner, dancing, and creative fundraising. Discover how Sanford is forging new frontiers in children's healthcare.
For more information about the event or to purchase tickets, click here to visit the Sanford Children's Gala website .
