Stephen Wellington
Chief Executive Officer, Wellington Management, Inc.
Saint Paul, MN 55108
Chief Executive Officer at Wellington Management, Inc.
Phone (651) 999-5501
Chief Executive Officer at Wellington Management, Inc.
Specialties
Investment Sales Broker
Bio
Steve founded Wellington Management, Inc. (WMI) in 1984, and he remains among the most-admired CEOs in the Twin Cities. He comes from a background of city and community planning. Between 1976 and 1984, Steve worked for the City of St. Paul, first as an aide to Mayor George Latimer and then as Deputy Director for the City's Department of Planning and Economic Development. As a leading St. Paul development official, Steve was responsible for such major redevelopment projects as District Energy, Lowertown redevelopment and the establishment of the Family Housing Fund.
During the past 37 years, WMI has developed and/or acquired more than 100 commercial and residential buildings in the Twin Cities. Wellington is currently the Twin Cities’ 10th largest property management company. This four-million-square-foot portfolio, valued in excess of $750 million, provides high-quality space to more than 600 retail, office and industrial tenants. WMI developed roughly 50% of this portfolio, starting with small commercial projects near the company’s headquarters in St. Paul. In 2021, total company construction was a record $120M. The balance of the company’s real estate has been added through strategic acquisitions, all of which have occurred in the Twin Cities.
Education