Commercial Real EstateServices & Advisory

Ridgeline Commercial Partners is a veteran-owned CRE firm serving both private clients and federal agencies across the Twin Cities and nationwide. We specialize in the asset classes that drive community infrastructure: medical office, retail, and flex industrial. We bring the same analytical discipline and mission focus to every engagement, whether you're a tenant, investor, or a government agency evaluating sites.

View ServicesCredentials & CertificationsContact
Medical & Healthcare OfficeRetailFlex IndustrialFederal Agency Leasing
Asset Class
Medical & Healthcare Office

Veteran-Owned & Operated

100% service-disabled veteran ownership qualifies Ridgeline Commercial for SDVOSB set-aside contracts, giving federal agencies a direct path to meeting their 5% veteran spending mandate.

Analytical Rigor

A background in corporate consulting, business ownership experience, and an MBA from the University of Washington's Foster School of Business underpin every market analysis, comp study, lease evaluation, and federal bid we deliver.

Active CRE Practice

As a licensed commercial real estate professional with an active brokerage practice, Ridgeline Commercial brings current market intelligence and transaction experience to every client engagement, whether representing an investor, landlord, tenant, seller, or federal agency.

What We Do

Services

Whether you're an investor, landlord, tenant, or seller, Ridgeline Commercial Partners brings active market knowledge, analytical rigor, and firsthand experience on both sides of the deal.

Asset Class Focus
Medical & Healthcare Office
Retail
Flex Industrial
Federal Agency Leasing

Serving primary, secondary, and tertiary markets nationwide through the eXp Commercial platform.

Investor Services

  • Property identification and buyer representation across medical, retail, and flex industrial assets
  • Cap rate benchmarking and financial underwriting review to support acquisition decisions
  • Portfolio strategy advisory: buy, hold, or disposition recommendations
  • 1031 exchange identification and due diligence coordination

Seller Representation

  • Property valuation and pricing strategy to maximize sale proceeds
  • Offering memorandum and marketing package preparation
  • Targeted outreach to qualified investors, owner-users, and institutional buyers
  • Negotiation strategy and transaction management from PSA through closing

Landlord Representation

  • Vacancy marketing and leasing strategy for retail, medical, and industrial properties
  • Market rent analysis and lease structure advisory (NNN, gross, modified gross)
  • Tenant prospecting, qualification, and LOI negotiation
  • Coordination through lease execution and tenant move-in

Tenant Representation

  • Space needs analysis and market survey across target submarkets
  • Lease negotiation covering rent, term, TI allowance, renewal options, and exit provisions
  • Comparative proposal analysis to secure the best available terms
  • LOI drafting and coordination through lease execution

As a Service-Disabled Veteran-Owned Small Business (SDVOSB), Ridgeline Commercial Partners supports U.S. federal agencies with lease acquisition, market analysis, site selection, and real estate advisory. Agencies working with Ridgeline can meet their 5% SDVOSB spending mandate while receiving rigorous, mission-focused real estate support.

Commercial Market Survey & Analysis

  • Delineated area market surveys compliant with GSA and VA leasing requirements
  • Vacancy, absorption, and submarket analysis to establish market conditions for procurement
  • Identification of available properties meeting agency Program of Requirements (POR)
  • Written market survey reports formatted for contracting officer and agency review

Lease Rate & Comparable Analysis

  • Lease comp research supporting GSA fair annual rent (FAR) determinations
  • Market rent analysis for VA Community-Based Outpatient Clinics (CBOCs) and medical office space
  • Escalation structure and concession package analysis for multi-year federal leases
  • Benchmarking against GSA Schedule rates, SFO requirements, and local market conditions

Site Identification & Selection

  • Property identification within agency-defined delineated areas (GSA, VA, DoD, SBA)
  • Site evaluation against agency POR covering square footage, parking, ADA, and security requirements
  • Proximity analysis to VA medical centers, federal buildings, and mission-critical infrastructure
  • Shortlist and recommendation reports for contracting officer and agency head review

Letters of Intent & Lease Support

  • LOI and lease negotiation support aligned with GSA Lease Acquisition Circular (LAC) standards
  • Lessor proposal review and counter-proposal strategy for Solicitations for Offers (SFO)
  • Coordination of tenant improvement (TI) allowances, build-out requirements, and agency fit-out specs
  • Support through lease award, execution, and occupancy transition

Property Acquisitions Support

  • Market research and due diligence support for federal property acquisitions under FHWA, GSA, and VA programs
  • Acquisition candidate identification aligned with agency mission and space utilization standards
  • Coordination with federal appraisers, title companies, and agency legal counsel
  • Transaction support from initial identification through closing and agency acceptance

Lease Acquisition & Administrative Support

  • Preparation and review of Requests for Lease Proposals (RLP) and Solicitations for Offers (SFO)
  • Compliance review of lessor offers for completeness, eligibility, and responsiveness
  • Lease data entry and management in GSA Leasing Portal and agency REMS/STAR systems
  • Coordination of lease modifications (LM), supplemental lease agreements (SLA), and renewals

Due Diligence & Inspection Coordination

  • Property inspection coordination including seismic, environmental Phase I/II, and ADA compliance
  • Title report, zoning, FEMA flood zone, and encumbrance review
  • Due diligence package compilation meeting agency and GSA approval requirements
  • Risk identification and mitigation recommendations prior to lease award

Market Intelligence & Reporting

  • Periodic market condition reports for agency real estate portfolios and lease expirations
  • Renewal market analysis and holdover risk assessment for expiring federal leases
  • Lease vs. own cost-benefit analysis to support agency capital planning decisions
  • Ad hoc research and advisory support for agency real estate officers and contracting teams
Verified Qualifications

Credentials & Certifications

Government Contracting
Business StatusService-Disabled Veteran-Owned Small Business (SDVOSB)
NAICS Code531210: Offices of Real Estate Agents & Brokers
SAM.gov UEIPending Registration
CAGE CodePending Registration
VetCert #Pending (SBA VetCert Application)
Entity TypeLimited Liability Company (LLC)
State of FormationMinnesota
Professional Licenses
License TypeReal Estate Salesperson
License #40995092
StateMinnesota
StatusActive
BrokerageeXp Commercial
SpecialtyCommercial Real Estate
Education & Military Service
GraduateMBA, Foster School of Business, University of Washington
UndergraduateB.S., Minnesota State University, Mankato
Military ServiceU.S. Army, 23+ Years (Active Duty, National Guard & Reserve)
Current RoleMilitary Academy Liaison Officer, U.S. Army Reserve
Capabilities Statement

Download our one-page Capabilities Statement, formatted for federal contracting officers and prime contractors.

SDVOSB Certified
Veteran Set-Aside Eligible

As a Service-Disabled Veteran-Owned Small Business, Ridgeline Commercial Partners is eligible for SDVOSB set-aside contracts under FAR 19.14, including the VA's Real Estate Acquisition Support Services (REASS) IDIQ and other federal agency lease acquisition programs. Federal agencies can award contracts directly to Ridgeline Commercial Partners to meet their 5% SDVOSB spending goals.

Principal

Matt Riggs

Commercial Real Estate Advisor · U.S. Army Major · Minnetonka, MN

"Ridgeline Commercial Partners is a veteran-owned commercial real estate firm specializing in advisory and site selection for private and government clients, with a focus on medical, retail, and flex industrial assets."

Matt Riggs is the founder and principal of Ridgeline Commercial Partners. A U.S. Army veteran with over 23 years of service, including two combat deployments to Afghanistan, Matt brings the discipline, analytical rigor, and mission-focus of military leadership to every real estate engagement.

After completing active duty, Matt joined Accenture, where he led corporate consulting engagements focused on deal execution, RFP management, and human capital strategy. He then earned his MBA from the Foster School of Business at the University of Washington, simultaneously launching and operating a retail franchise business in Minnesota, an experience that gave him firsthand insight into commercial leasing from the tenant's perspective. After successfully operating and selling the business, he transitioned to commercial real estate full time.

Matt holds an active commercial real estate license and brings current market intelligence, comp analysis, and transaction experience to every client engagement, whether representing an investor acquiring a medical office building, a retailer searching for the right space, or a federal agency evaluating sites for a government facility.

He continues to serve in the U.S. Army Reserve as a Military Academy Liaison Officer for West Point, holding the rank of Major. Matt lives in Minnetonka, Minnesota with his wife Randi and their two daughters.

23+ Yrs Military
Foster MBA
Active CRE
SDVOSB Owner
Matt Riggs, Principal, Ridgeline Commercial Partners
Matt Riggs
Commercial Real Estate Advisor · Ridgeline Commercial Partners
Major, U.S. Army Reserve · West Point Liaison Officer
Work With Us

Get in Touch

Whether you are a contracting officer seeking a qualified SDVOSB real estate support provider, a federal agency with an upcoming lease requirement, or a prime contractor looking for a veteran-owned subcontractor, Ridgeline Commercial Partners is ready to support your mission.

Location
Minnetonka, Minnesota
Coverage Area

Markets Served

Headquartered in Minnetonka, Minnesota, with nationwide reach through the eXp Commercial platform covering primary, secondary, and tertiary markets across the U.S.

Twin Cities Metro
Minneapolis · St. Paul · Minnetonka · Edina · Bloomington · Greater Minnesota
Nationwide Federal Coverage
GSA leasing · VA facilities · SDVOSB set-aside contracts · federal agency site selection across all 50 states