Steven B. Hoyt
Chief Executive Officer
5353 Wayzata Boulevard Suite 500
Saint Louis Park, MN 55416
Steve Hoyt, founder of Hoyt Properties Inc., has been responsible for over $500 Million in transaction value during his career. Over the past forty years, Hoyt Properties Inc. has developed and acquired over six million square feet of commercial space, primarily in the Twin Cities.
In 1994, Hoyt Properties Inc. contributed approximately $100 Million in properties as a founder of First Industrial Realty Trust (NYSE-FR) in connection with its IPO. Steve remains a shareholder of the nation's largest industrial REIT.
Steve continued his REIT investment by contributing a substantial portfolio to Investors Real Estate Trust (NASDAQ-IRETS). He served on the board of this two-billion-dollar company.
With access to private and public capital, Hoyt Properties Inc. offers various real estate solutions to its clients that are comparable to those of its largest competitors. Steve's high service – high touch management philosophy gives Hoyt Properties Inc. a unique capability to deliver proven results, unlike any other owner-manager in the market.
Steve received his J.D. from William Mitchell College of Law in 1977 after graduating from the University of Minnesota. He practiced law for a short while before devoting all of his time to his family companies.
Steve has served on the board of directors for the National Association of Industrial and Office Properties (NAIOP), the Better Business Bureau, Investors Real Estate Trust (IRET), and many charitable organizations, including Bridging, Inc. and Summit Academy OIC.