Hegg Companies Inc. is a real estate firm based in Sioux Falls, South Dakota. The third-generation, family-owned business specializes in all aspects of commercial real estate. The company has demonstrated success across the spectrum of commercial real estate disciplines, including hospitality development and management, multi-family development and management, and commercial property development.
A Brief History
Hegg Companies was founded in 1945 by the late P. Ode Hegg, who started the business selling farmland. Company operations expanded substantially after his son, Peter P. Hegg, joined the family business in 1962. Peter transformed the company into a full-service commercial real estate and development business. Peter’s son Paul Ode Hegg, became president and CEO in 2002 and continues to serve in that capacity today. Peter remains active as chairman of the company’s Board of Directors.
Hospitality Development and Management
Hegg Companies employs and manages hundreds of associates, and manages several multi-million dollar hotel properties. Hegg Hospitality got its start in hospitality from a single Thrifty Scot in South Dakota that turned into a chain of Days Inn hotels in the upper Midwest. Over its history, the company has managed over 45 hotels and 9 free standing restaurants across 16 states. Hyatt Place, Hilton and Marriott franchises all trust Hegg Hospitality to manage their brand in the Midwest. For more information, please visit www.hegghospitality.com.
Hegg Companies has developed millions of square feet of commercial, hospitality and residential space. It can assist clients through the spectrum of development, from needs assessment to funding, design and construction. The company has developed over 1.1 million square feet of commercial space, including apartments and multi-family housing, retail centers, stores, and office buildings.
Commercial Real Estate Sales
Hegg Companies is a full-service commercial real estate brokerage firm with services ranging from market intelligence to consulting help for property owners and tenants covering the full range of property types: land, industrial, office, retail and investment properties. In the last 10 years the company has been responsible for over $120 million of sales and leasing transactions.
Commercial Property Management
Hegg Companies offers various property management options that include full-service maintenance. The company applies Lean Business Principles and strives to form close relationships with clients. Click here for more information.