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Scott Falkum, Vice President

Scott Falkum

Vice President, MAI

Valuation and Advisory Services

Scott Falkum Vice President
Valuation and Advisory Services
Minneapolis-St. Paul 800 LaSalle Avenue
Suite 1900
Minneapolis, MN 55402

Professional Experience

Scott K. Falkum, MAI, is a Vice President with over 17 years of commercial real estate valuation and consulting experience. He is in the Valuation & Advisory Services Group’s downtown Minneapolis office in the Upper Midwest Region. Prior to joining CBRE in 2004, Mr. Falkum was doing commercial valuation work for a large local commercial real estate firm. His geographical focus has been the Minneapolis/St. Paul MSA, the State of Minnesota, and also includes the states of North Dakota (including Williston & surrounding areas) and South Dakota.

Mr. Falkum has experience providing real estate appraisals and consultations for financial institutions, developers, individual and corporate property owners, city and county governments and state agencies. His appraisal experience encompasses a wide variety of property types including office, multifamily, industrial, net lease investments, retail, medical office buildings, restaurants, land, and other special purpose properties.  Scott K. Falkum, MAI specializes in office (both multi and single tenant facilities), as well as multifamily assets.

Mr. Falkum holds the MAI designation from the Appraisal Institute. In addition, he recently served on the Board of Directors of the Minnesota Metro Chapter of the Appraisal Institute.

Professional Affiliations / Accreditations

  • Appraisal Institute
    Designated Member (MAI)
    Board of Directors (2007-2009)
  • Certified General Real Estate Appraiser, State of Minnesota, No. 20305222
  • Certified General Real Estate Appraiser, State of North Dakota, No. CG-21385
  • Certified General Real Estate Appraiser, State of South Dakota, No. 1234CG


  • University of Wisconsin-Madison, Bachelor of Business Administration; Real Estate

Significant Assignments

Property Name


Flux Apartments 216 Apt Units Minneapolis, MN
River Park Plaza 328,600 SF Office St. Paul CBD
Normandale Lakes Office Parks 1,681,752 SF Office Bloomington, MN
Wells Fargo Center 1,134,833 SF Office Minneapolis CBD
Watertower Apartments 228 Apt Units Eden Prairie, MN
TractorWorks Office 347,069 SF Office Minneapolis CBD
Grand Reserve Apartments 394 Apt Units Woodbury, MN
McGladrey Plaza 415,284 SF Office Minneapolis CBD
Gates of Carlson Apartments 435 Apt Units Minnetonka, MN
Royal Oaks Apartments 184 Apt Units Sioux Falls, SD
Northland Office Center 461,575 SF Office Bloomington, MN
Calhoun Beach Club Apartments 332 Apt Units Minneapolis, MN
Lawson Commons 436,478 SF Office St. Paul CBD
Nic on 5th Apartments 253 Apt Units Minneapolis CBD
Rockford Road Plaza 204,157 SF Retail Plymouth, MN
Capella Tower 1,401,233 SF Office Minneapolis CBD
Excelsior & Grand 337 Apt Units/64,129 SF Retail St. Louis Park, MN


  • Wells Fargo
  • Associated Bank
  • Bank of America
  • JP Morgan Chase
  • Deustche Bank
  • LNR Partners
  • PNC Bank
  • HHF, L.P.
  • Signature Bank
  • U.S. Bank
  • Dougherty Funding, LLC.
  • New York Life RE Investors
  • Greystar
  • First National Bank of Omaha
  • Prudential Insurance Co.
  • Walker & Dunlop
  • Bank Of The West
  • Northmarq
  • Barclays
  • Allianz
  • KKR
  • Berkely Point Capital, LLC
  • Fannie Mae Servicers
  • Freddie Mac Servicers
Scott Falkum Vice President
Valuation and Advisory Services
Minneapolis-St. Paul 800 LaSalle Avenue
Suite 1900
Minneapolis, MN 55402