Marcus & Millichap

Brian Klancke


Brian Klancke is a real estate investment specialist in the firm’s Minneapolis office. Brian specializes in retail properties in the Twin Cities southern metro as well as the submarkets of Rochester and Mankato. Although Brian primarily operates in these areas, he also prides himself on partnering with other agents to achieve the best possible outcome for the individual real estate investor. Mr. Klancke is also a member of the Marcus & Millichap National Retail Group which gives him access to a network of over 1,000 agents nationwide. Prior to joining the firm, Brian served 8 years in the U.S. Army as an Armored Reconnaissance Specialist with the 1st Infantry Division as well as the 101st Airborne Division. Brian holds a bachelor's degree in Finance from Minnesota State University - Mankato.

Brian Klancke

Brian Klancke

Tel: (952) 852-9732
Fax: (952) 852-9710

License:  MN  40291280

International Council of Shopping Centers
Minnesota Shopping Center Association (MSCA)
National Retail Group

Associate Member - National Retail Group

Minnesota State University, Mankato, Bachelor of Science degree in finance, 2011


Brian Klancke is a retail broker within the Minneapolis office of Marcus & Millichap Real Estate Investment Services. He focuses specifically on the acquisition and disposition of retail properties within the upper Midwest. He covers all aspects of real estate investment services related to the buying and selling of retail properties. He is a licensed commercial real estate agent that can assist with all of your retail needs whether you are looking to sell, acquire, finance, or refinance. He has earned membership into Marcus & Millichap’s exclusive National Retail Group.

Transactions Closed

  • Shopko


    Net Leased Department Store

    Lincoln, NE
    Price: $9,270,482
    Size: 109,950 sqft
    Cap Rate: 9.80%

  • Imperial Plastics

    Imperial Plastics

    Single-Tenant Industrial

    Mankato, MN
    Price: $8,250,000
    Size: 124,368 sqft
    Cap Rate: 7.68%

  • Park Commons

    Park Commons

    Shopping Strip

    Brooklyn Park, MN
    Price: $7,130,000
    Size: 34,400 sqft
    Cap Rate: 7.23%

  • Kensington Park

    Kensington Park

    Shopping Strip

    Richfield, MN
    Price: $7,030,248
    Size: 28,208 sqft
    Cap Rate: 7.25%

  • Glen Haven Center

    Glen Haven Center

    Shopping Neighborhood

    Minnetonka, MN
    Price: $6,200,000
    Size: 38,096 sqft
    Cap Rate: 7.06%

  • Southwest Station

    Southwest Station

    Shopping Neighborhood

    Eden Prairie, MN
    Price: $5,900,000
    Size: 14,031 sqft
    Cap Rate: 7.26%

  • Summit Oaks Square

    Summit Oaks Square

    Shopping Strip

    Burnsville, MN
    Price: $5,300,000
    Size: 33,243 sqft
    Cap Rate: 8.27%

  • Tamarack Office Building

    Tamarack Office Building

    Office Medical

    Woodbury, MN
    Price: $4,300,000
    Cap Rate: 8.32%

  • Western Avenue Marketplace

    Western Avenue Marketplace

    Shopping Strip

    Faribault, MN
    Price: $2,965,000
    Size: 16,564 sqft

  • Tucson Broadway Culver's

    Tucson Broadway Culver's

    Net Leased Restaurant

    Tucson, AZ
    Price: $2,865,000
    Size: 4,500 sqft
    Cap Rate: 6.70%

  • Carlson Center Shoppes

    Carlson Center Shoppes

    Shopping Strip

    Plymouth, MN
    Price: $2,750,000
    Size: 14,113 sqft
    Cap Rate: 7.71%

  • Fairway Flats

    Fairway Flats


    Anoka, MN
    Size: 31,560 sqft
    Size: 36 units

  • Tire Kingdom

    Tire Kingdom

    Net Leased Auto Parts

    Salisbury, NC
    Price: $2,350,000
    Size: 6,656 sqft
    Cap Rate: 6.92%

  • Culver's 1st Avenue

    Culver's 1st Avenue

    Net Leased Restaurant

    Tucson, AZ
    Price: $2,345,000
    Size: 4,052 sqft
    Cap Rate: 6.65%

  • Dean Lake

    Dean Lake

    Shopping Strip

    Shakopee, MN
    Price: $2,000,000
    Size: 7,826 sqft
    Cap Rate: 8.40%

  • Park Place on France - Land

    Park Place on France - Land

    Land - Retail

    Bloomington, MN
    Price: $1,671,000
    Size: 134,165 sqft

  • Thrifty White Drug Store

    Thrifty White Drug Store

    Net Leased Drug Store

    Virginia, MN
    Price: $1,595,981
    Size: 3,000 sqft
    Cap Rate: 8.41%

  • Thrifty White Drug Store

    Thrifty White Drug Store

    Net Leased Drug Store

    Clear Lake, IA
    Price: $1,409,944
    Size: 3,000 sqft
    Cap Rate: 7.19%

  • Thrifty White Drug Store

    Thrifty White Drug Store

    Net Leased Drug Store

    Mahnomen, MN
    Price: $1,214,620
    Size: 3,000 sqft
    Cap Rate: 7.25%

  • Thrifty White Drug Store

    Thrifty White Drug Store

    Net Leased Drug Store

    Montevideo, MN
    Price: $1,200,000
    Size: 3,000 sqft
    Cap Rate: 7.55%

  • Dollar General

    Dollar General

    Net Leased Discount

    Roberts, WI
    Price: $1,162,578
    Size: 9,026 sqft
    Cap Rate: 6.75%

  • Diamond Lake Retail

    Diamond Lake Retail

    Shopping Strip

    Rogers, MN
    Price: $435,000
    Size: 12,793 sqft

In The News

  • Twin Cities retail sold by Marcus & Millichap

    Finance & Commerce article discussing a recent Multi-Tenant Retail transaction in Eden Prairie, MN conducted by Marcus & Millichap.

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    New retail concepts coming to the Twin Cities

    Article from the Star Tribune discussing new retail concepts into the Minneapolis retail marketplace.

    Read More