Retail · NNN · 1 of 3
Retail Center (NNN) Management
Expert handling of the unique challenges of retail — tenant relationships, foot traffic, and occupancy that grows property value.
Learn more →NNN Retail Property Management · Minnesota
Exceptionalproperties.Exceptional results.
MVK Equities is Minnesota's premier NNN retail management firm — maximizing returns for property owners through disciplined operations and lasting tenant relationships.
- Focus
- NNN retail · commercial · projects
- Market
- Twin Cities metro & greater Minnesota
- Office
- 905 W Jefferson Ave, St. Paul
Part of the MVK family of companies.
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Who We Are
Three decades of leadership in retail real estate.
MVK Equities is a dedicated commercial property management firm specializing in NNN retail assets throughout Minnesota. Our seasoned team understands the intricacies of triple-net leases and the unique challenges of managing retail centers.
We maximize returns for our clients while providing a seamless, stress-free ownership experience — backed by a proven track record in the Minnesota market and a culture of leadership from the top down.
- Expertise30+ years of combined experience managing NNN retail assets in Minnesota.
- Client successTailored strategies and proactive tenant management, built around each owner's goals.
- LeadershipA culture of innovation that keeps our properties — and our clients — ahead of the market.
What We Do
Full-service management, one accountable team.
Three service lines, one accountable team — from daily NNN operations to ground-up project delivery.
Commercial · 2 of 3
Commercial Property Management
Office, industrial, and mixed-use assets — lease administration, rent collection, maintenance, and risk management.
Learn more →
Projects · 3 of 3
Project Management
Renovations, expansions, and tenant build-outs — coordinated with architects, contractors, and vendors, on time and on budget.
Learn more →
Tenants we serve
Featured Properties
A portfolio built on location and care.
Now LeasingRogers, MN
Rogers Retail Plaza
13,581 SF · Two Buildings
High-visibility retail plaza anchored by national brands.
TenantsSubway, Domino's, Caribou Coffee
Chanhassen, MN
Dakota Retail Plaza
Highway 5 Location
Prime highway frontage with strong national and local tenancy.
TenantsTono Pizzeria + Cheesesteaks, Starbucks, Chase Bank
Saint Paul, MN
Hamline Retail Plaza
8,362 SF GLA · Renovated 2021
Fully renovated urban retail with established national tenants.
TenantsVerizon Wireless, Noodles & Co.
Why Owners Choose Us
We manage like owners — because we are.MVK Equities · Part of the MVK family
Own a commercial property?
Let's talk about how professional, owner-first management can unlock its full potential.
Get in Touch →- Office
- 905 W Jefferson Ave, Suite 100, St. Paul, MN 55102
- Phone
- (651) 424-0198
A culture of leadership.
MVK Equities pairs three decades of combined retail real estate experience with a team empowered to solve problems before owners ever hear about them.
Headquarters905 W Jefferson Ave, Suite 100
St. Paul, MN 55102
St. Paul, MN 55102
Our Mission
Unparalleled management, lasting relationships.
Our mission is to provide unparalleled commercial property management services for NNN retail assets in Minnesota — leveraging our extensive experience, fostering a culture of innovation and leadership, and building strong, lasting relationships with our clients.
- Comprehensive asset analysisData-driven evaluation of every property's performance, positioning, and potential.
- Proactive tenant relationshipsTenant satisfaction is occupancy insurance — we invest in it daily, not just at renewal time.
Our Team
The people behind the properties.
Milan Milojevic
Chief Executive Officer
Dario Klasic
Chief Operating Officer
Dan Nygard
Controller
Carole Wallace
AccountingPart of the MVK family.
MVK Equities is the property management affiliate of MVK Capital, a Saint Paul private equity firm — one integrated platform from acquisition through daily operations.
Visit MVK Capital ↗- Office
- 905 W Jefferson Ave, Suite 100, St. Paul, MN 55102
- Phone
- (651) 424-0198
Ten centers. One standard of care.
Retail, office, and mixed-use properties across the Twin Cities metro and greater Minnesota — professionally managed and actively leased.
LeasingSeveral centers are leasing now. Contact Caleb Carlton for availability.
Now LeasingRogers, MN
Rogers Retail Plaza
13,581 SF · Two Buildings
High-visibility plaza on one lot with strong anchor tenancy.
TenantsSubway, Domino's, Caribou Coffee
Now LeasingSaint Paul, MN
Rice Street Plaza
6,158 SF · Off Highway 36
Neighborhood retail with fitness, food, and local favorites.
TenantsJet's Pizza, F45 Fitness, local bakery
Saint Paul, MN
Hamline Retail Plaza
8,362 SF GLA · Renovated 2021
Fully renovated urban retail with established national tenants.
TenantsVerizon Wireless, Noodles & Co.
Chanhassen, MN
Dakota Retail Plaza
Highway 5 Location
Prime highway frontage with national credit tenancy.
TenantsTono Pizzeria + Cheesesteaks, Starbucks, Chase Bank
Now LeasingCottage Grove, MN
Summerhill Crossing
10,018 SF
Service-oriented center with government and healthcare tenancy.
TenantsWashington County, Belissimo Salon, Heartland Dental
Leasing Info & Availability ↗
Inver Grove Heights, MN
Inver Grove Market II
8,955 SF GLA
Established neighborhood center with daily-needs tenancy.
TenantsCaribou Coffee, pet clinic
Elk River, MN
Elk River Crossing I
7,500 SF · 18210–18230 Zane St NW
Fully occupied center anchored by national restaurant and dental tenancy.
TenantsPanera, Park Dental
Elk River, MN
Elk River Crossing II
7,984 SF · 18130–18150 Zane St NW
Fully occupied center with national credit tenancy.
TenantsAT&T, Tono, Noodles & Company, UPS Store
Elk River, MN
Elk River Crossing III
7,909 SF · 18033 Zane St NW
Fully occupied neighborhood center on the Zane Street corridor.
TenantsTaco John's, Fantastic Sam's, Fantasy Nails, Lion's Den
Woodbury, MN
Commerce Hill Plaza
9,982 SF GLA · Next to Target
Retail plaza positioned beside a dominant regional anchor.
LeasingContact us for availability
Looking for space?
Several centers are leasing now. Reach our leasing broker for availability, floor plans, and terms.
Leasing Inquiries →- Leasing Contact
- Caleb Carlton
- Phone
- (651) 424-0198
Owner-first management, done right.
Three service lines, one accountable team — from daily NNN operations to ground-up project delivery.
Retail Center (NNN) Management
Designed to expertly handle the unique challenges of retail properties. We build tenant relationships, optimize foot traffic, and maximize occupancy rates — increasing the value of the property year over year. Triple-net expertise means owners get accurate reconciliations, clean reporting, and no surprises.
Commercial Property Management
A broad range of commercial assets — office buildings, industrial properties, and mixed-use developments. Our services span lease administration, rent collection, maintenance coordination, and risk management, with a constant focus on minimizing vacancies and maximizing return on investment.
Project Management
Comprehensive oversight of property-related projects — renovations, expansions, and tenant build-outs. We coordinate architects, contractors, and vendors to deliver on time and on budget, with finishes that meet the market and the tenant.
Why Owners Choose Us
We manage like owners — because we are.
MVK Equities is part of the MVK family: our principals own commercial real estate themselves. That means every decision — from vendor selection to lease negotiation — is made the way an owner would make it.
- Transparent reportingClear monthly statements and responsive communication, every month.
- Tenant retentionStrong relationships that keep occupancy high and turnover costs low.
- Local depthA proven Minnesota track record and on-the-ground presence in every market we serve.
Minnesota retailGet a management proposal.
Tell us about your property and we'll come back with a tailored plan and pricing.
Request a Proposal →- Property Manager
- Caleb Carlton
- Contact Card
- qrco.de/bdlJ9Q
- Phone
- (651) 424-0198
Let's talk about your property.
Owners, tenants, and leasing inquiries — we respond quickly, because that's the job.
- Office
- 905 W Jefferson Ave, Suite 100
St. Paul, MN 55102 - Phone
- (651) 424-0198
- Property Management
- Caleb Carlton · Contact Card
- Tenant Portal
- AppFolio Tenant Login ↗
- Investor Portal
- AppFolio Investor Login ↗