Aaron Hultgren
Developer.
Syndicator.
Investor.
Aaron Hultgren has spent the last 20 years putting together real estate development projects and working with investors. He has raised over 30 million dollars in private equity and secured more than 100-million-dollars in institutional debt.
From large-scale commercial buildings to innovative residential developments, Aaron has worked on it all. He recently started Tango Developments that has a growing reputation and over 40 successful projects to date.

Past Developments

Security Building
Completely renovated seven-story (plus basement) mixed-use building located in the heart of downtown Sioux Falls, South Dakota.
Office space on the first four floors and luxury loft apartments on the top three floors; indoor parking; built in 1916; listed on the National Historical Registry; robbed by John Dillinger in 1936; fully leased – large law firm, trust companies, financial planning firms, real estate development company, etc.

Equity Square
Completely renovated four-story 50,000+ square-foot mixed-use building located on the downtown RiverWalk in Sioux Falls, SD.
Renovation completed in 2017; currently being leased-up; current tenants include local and national law firms, national trust companies, retail banking operations, etc.; working with potential restaurant tenant on remaining first floor space.

A1 Storage
A1 Self Storage is an approximately 18,470 +/- square foot storage space sitting on 1.06 acres in Pearland, TX. The property is located off Broadway St/FM 518, a major thoroughfare through Pearland, with extremely high traffic count.
The buildings consist of a block structure with flat roofs and rollup doors. The property is surrounded by apartments and residential neighborhoods.

Dakota Lofts
40-unit four-story upscale loft-style apartment building located across the street from Sioux Falls, SD City Hall and adjacent to the downtown business district; close to entertainment, shopping and dining experiences; close to public transportation services; underground parking.
In the News
JV Closes on First Office Acquisition, Independence Medical Center
Originally posted on Connect Texas Paragon Development teamed up with Worldwide Commercial on its first office acquisition, Independence Medical Center, at 5501 Independence Pkwy. in Plano, TX. The seller of the three-story, 50,872-square-foot office/medical office...
PAve Bar in Downtown Sioux Falls opens Friday
Originally posted on Dakota News Now PAve Bar in Downtown Sioux Falls on Phillips Avenue will open Friday. PAve was named after Phillips Avenue since it is located on Phillips and 10th Street. PAve is located where Skelly's used to be. Hultgren Construction shut down...
New Downtown Bar Brings New Concept To City
Originally posted on Keloland Change is coming to downtown Sioux Falls this summer. What’s left of the downtown mainstay Skelly’s closes next month. In most of its place will be a two-story bar/restaurant with a different feel for Sioux Falls. Whether it was for a St....
Legacy Developments giving new look to properties
Originally posted on Sioux Falls Business Journal Fast-forward six months and Drake is far from slowing down. Last year’s investments are starting to come together, with tenants planning to move into the downtown buildings in the coming months. Among the latest...
Downtown condo done, listed at $1.3M
Originally posted on Sioux Falls Business Journal A $1.3 million condominium in downtown Sioux Falls is finished and for sale. The 3,000-square-foot unit is above J.H. & Sons clothing shop at 216 S. Phillips Ave. It features multiple outdoor spaces, a four-season...
Downtown: ‘It’s really like a neighborhood’
Originally posted on Sioux Falls Business Journal "People yell out and want to talk to him rather than Mary and I," joked Luce, who moved from a house in the Tomar area. "It's really like a neighborhood, and he's kind of the neighborhood dog." The fact that downtown...