Michael Houge

Michael Houge

Managing Director, NAI Legacy

Bloomington, MN 55435

Phone (612) 701-7454

Property Sales and Leasing Specialist
Specialties
Investment Sales Broker, Landlord Rep (Full Service), Tenant Rep, Tenant Rep (Full Service)
Property Types
Hospitality, Industrial, Office, Retail, Flex, Specialty, Multifamily, Health Care
Markets
Denver, Minneapolis/St Paul
Bio
Michael Houge, CCIM, SIOR, is the Managing Director of NAI Gateway Commercial, a member of the NAI Global network comprising over 6,000 professionals and 375 offices worldwide. Formed through the January 2026 merger of NAI Legacy and Caspian Group, NAI Gateway Commercial blends cutting-edge technology with a steadfast focus on client service. The firm delivers strategic guidance, administrative support, and brokerage services for a portfolio exceeding 2.5 million square feet. Encompassing property management, sales and leasing, and 1031 tax-deferred exchange solutions, the NAI Gateway team excels in handling sophisticated commercial real estate engagements. With nearly 40 years of expertise in project leasing and investment sales, Mr. Houge specializes in net-leased investment properties, 1031 tax-deferred exchanges, and commercial opportunities in North Dakota's Bakken oilfield markets. He has closed over $1 billion in investment transactions and leased more than 1 million square feet as both a landlord and a tenant representative. A respected thought leader, Mr. Houge frequently authors industry publications and speaks at panels and conferences on topics including investment sales, capital markets, marketing, net-lease strategies, 1031 exchanges, and North Dakota real estate. Specialties Include: • Net-Leased Properties • 1031 Tax-Deferred Exchanges • Commercial Real Estate Investments • Energy (Oilfield) Related Real Estate • Real Estate Technology (Including Artificial Intelligence) • Office Properties • Retail and Industrial Real Estate • Land Sales • Commercial Financing • Property Sales and Acquisitions • Consulting for Real Estate Projects • Presenting and Speaking on Commercial Real Estate • Real Estate Marketing • Branding and Web-Based Initiatives • Investment Analysis
Education
University of Minnesota-Minneapolis Campus-Bachelor of Arts-College of Liberal Arts CCIM Curriculum
Affiliations
  • CCIM - Certified Commercial Investment Member
  • SIOR - Society of Industrial and Office Realtors
  • NAR - National Association of Realtors
  • International Council of Shopping Centers (ICSC)
Awards
Past President, SIOR Minnesota-Dakotas Chapter Co-Chair, SIOR Investment Practice Board Past President,
CCIM Minnesota-Dakotas Chapter Past President, SIOR Minnesota Sub-Chapter Former SIOR Foundation Trustee 2006-2008.