Senior Vice President, Managing Director
Christopher J. Stockness
Chris is senior vice president and managing director of the real estate division at Shenehon Company. As an experienced appraiser, he has valued a wide range of commercial and industrial properties, complex investment portfolios, and ground leases. Over the last few years, Chris has expanded his service area, preparing appraisals for individuals, government agencies, and national lending institutions across the United States and internationally. Clients rely on Chris to appraise residential developments, determine project feasibility, and provide analyses of real estate investment opportunities. Chris has appraised a wide variety of conservation easements and is a nationally-recognized expert in the area. As part of the process of valuing an easement, Chris often includes the cost development approach to clearly illustrate value differences in the before and after conditions. Chris also offers expert testimony, appraisal review, and consulting services. He is currently pursuing the MAI designation through the Appraisal Institute.
EDUCATION
- University of St. Thomas, Bachelor of Science, Real Estate
LICENSE
- Minnesota License No. 20458763
- Iowa License No. CG04054
- North Dakota License No. CG-223194
AFFILIATIONS
- National Association of Industrial and Office Properties
- Urban Land Institute
- Associate Member Appraisal Institute
ARTICLES AND PRESENTATIONS
“New Legislation Allows Appraisers to Perform Evaluations,” Valuation Viewpoint, Summer/Fall 2021
“Storm Clouds Ahead: Navigating Real Estate through the Southwest Light Rail Line,” Valuation Viewpoint, Fall 2018
Panelist, “Critical Capital Markets Update & Office Investment Sales Update,” The Office Summit, Minnesota Real Estate Journal, December 2, 2016
Panelist, “Capital Markets Update,” The Office Summit, Minnesota Real Estate Journal, December 4, 2015
Presenter, “Valuing and Managing Your Assets,” Succession Planning Summit: Real Estate and Private Business, Minnesota Real Estate Journal, December 12, 2014
Presenter, “Critical Capital Market to Investment Strategies,” The Office Summit, Minnesota Real Estate Journal, December 5, 2014
“Office Rents in Downtown Minneapolis and Other Major Markets,” Shenehon Company Hot Topic post, November 2013
“Employ the Development Cost Approach to Value an Atypical Taking,” Valuation Viewpoint, Fall 2009
“Summary of State of Minnesota vs. Union Pacific Railroad, et al,” Shenehon Company Hot Topic post, May 2009
“Appropriate Use of the Development Cost Approach in Condemnation,” Shenehon Company Hot Topic post, December 2008
“Appraising Development Projects in Challenging Economic Times,” co-author with Thomas Gump and Robert J. Strachota, Minnesota Real Estate Journal, August 2008
“Capturing the Value of Unique Assets,” Valuation Viewpoint, Summer 2007
