About

Colleen Thelen is an experienced commercial real estate professional with a background spanning development, construction, asset management, and property management. Since 2016, she has managed commercial properties and development projects nationwide, gaining comprehensive experience across the full real estate lifecycle, from initial due diligence and acquisition through entitlements, construction, tenant delivery, and ongoing asset operations.
​
Colleen has extensive experience in preliminary site planning and development feasibility, having created more than 200 site plans for projects throughout the country. Her work encompasses a wide range of development types, including single-tenant retail developments, shopping center redevelopments, and large-acreage commercial projects. She combines site-specific research, municipal development requirements, and tenant needs to create thoughtful site layouts that maximize development potential while accounting for zoning regulations, access, circulation, and overall project feasibility..
Throughout her career, Colleen has performed due diligence and entitlement work on more than 100 development opportunities, coordinating with municipalities, engineers, architects, consultants, and general contractors to move projects from initial site investigation through permitting and construction. Her experience includes obtaining zoning and land-use approvals, overseeing ground-up developments, remodels, and tenant finish-outs, managing project budgets and schedules, and ensuring successful project delivery.
In addition to development and construction, Colleen has extensive experience in asset and property management, having overseen operations and capital improvements across a nationwide portfolio of more than 80 properties. Her responsibilities have included acquisition analysis, lease coordination, tenant improvements, property budgeting, expense recoveries, vendor management, and capital improvement planning.
​
With a well-rounded understanding of both the development and operational sides of commercial real estate, Colleen brings a comprehensive perspective to each project, balancing financial objectives, construction requirements, municipal processes, and tenant needs to achieve successful outcomes.
