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MinnesotaMultifamily

Minneapolis’ Sherman Associates names manager of commercial leasing, business development

October 27, 2025
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Minneapolis’ Sherman Associates appointed Mary Jo Kelly as Manager of Commercial Leasing and Business Development.

Kelly will lead commercial leasing and support business development across Sherman’s mixed-use and commercial portfolio. She will partner with third-party brokers to originate new leasing opportunities, reduce vacancies, and increase net operating income. Her responsibilities include negotiating leases and renewals, coordinating with internal teams, and ensuring tenant satisfaction across multifamily, hospitality, office, and retail assets.

Kelly will support Sherman’s commercial business line across all markets, with a focus on key regions including the Twin Cities, Des Moines, and Denver. She will work closely with finance, legal, development, and construction teams to align leasing strategies with broader growth goals, and ensure commercial tenants are integrated into new and existing communities.

Kelly brings over 25 years of experience in commercial real estate finance and portfolio management. Her expertise spans deal negotiation and financial structuring across diverse asset classes.

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