Maxfield Research

Maxfield Research is a Minnesota based real estate research company. Founded in 1983 by Lee Maxfield and business partner Gary Solomonson, Maxfield Research has grown into a small team-based company of research analysts, interns, and an office manager. The current President is Mary Bujold and Vice President is Jay Thompson. The company specializes in obtaining and interpreting real estate market information and conducts feasibility studies for potential land development. The headquarters are in Northeast, Minneapolis.

Maxfield serves both the private sector and public sector. The majority of its clients include real estate developers, independent proprietors, and housing authorities. Besides many types of housing studies, the company also conducts demand research for office, retail, food, industrial, and recreational.

In the Minneapolis-St. Paul metropolitan area, Maxfield is best known for evaluating condominium projects and senior housing.[1][2] Due to regular publishing of real estate market reports, company researchers are frequently sourced and opined by local news.[3]

Maxfield is an independent proprietary of the Griffin Companies.

  1. Sarah McKenzie and Sam Black (July 22, 2005). "Minneapolis, St. Paul condo sales slower than last year". Minneapolis St. Paul Business Journal. Retrieved 2007-09-17.
  2. Katharine Grayson (September 1, 2006). "Report: Senior housing fills up as building slows". Minneapolis St. Paul Business Journal. Retrieved 2007-09-17.
  3. Brandt Williams (June 16, 2005). "Downtown Minneapolis condo trend is booming". Minnesota Public Radio. Retrieved 2007-09-17.
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