Inventure Real Estate

Major Milestones

Our History

1996 — Boser Construction founded
1996

After seven years in commercial construction, Doug Boser founded Boser Construction, Inc. from his Sauk Rapids, MN home. In 1999, their first office and warehouse was built — a space they continue to operate from today.

2000 — Inventure Properties LLC founded
2000

Doug created Inventure Properties, LLC — then called Construction Land Development, LLC — to purchase underdeveloped properties and hold short-term development assets.

2008 — First major commercial project
2008

As the construction industry teetered on the edge of the Great Recession, Inventure received funding and broke ground on their first major commercial project at 2035 Plaza. Construction completed in 2009.

2013 — Granite Bowl redevelopment
2013

Inventure redeveloped the Granite Bowl site in downtown St. Cloud into a modern home for Quinlivan & Hughes, P.A. In 2015, they completed their first historical rehabilitation — the First National Bank of St. Cloud, originally built in 1889.

2017 — Focus shifts to real estate
2017

Boser Construction was sold to two longtime employees, allowing a sharper focus on real estate and development. Inventure's offices moved to a historic building at 117½ 5th Ave. South, St. Cloud, MN.

2019 — Toppan Merrill and Foundation
2019

Inventure served as owner's representative for Toppan Merrill's $6M, 100,000 sq ft addition in Sartell, MN. The Inventure Foundation, a 501(c)(3) nonprofit, was formed to better the Central Minnesota community.

2020 — Inventure Real Estate LLC launches
2020

Inventure redefined commercial real estate services with the launch of Inventure Real Estate, LLC, helmed by Austin Ruehle, Vice President of Real Estate.

2021 — Brooklyn Crossing acquisition
2021

A larger investment group was assembled to acquire Brooklyn Crossing — a 100,000 sq ft, 5-building office park in Brooklyn Center, MN.

2022 — Year of growth
2022

A landmark year of growth: Inventure Real Estate added 4 real estate agents, expanded its financial accounting group, and grew the property management service team to serve a wider portfolio.

2026 — Inventure Capital
2026

Inventure Capital launches, a dedicated investment platform extending the Inventure ecosystem into fund investing, acquisitions, and asset management. The team also opens a new downtown home at 24 8th Ave South, St. Cloud, MN 56301.

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