Minneapolis-based Northmarq, a leading commercial real estate capital markets platform, has entered into a definitive agreement to acquire Stan Johnson Co., a real estate brokerage and advisory firm focusing on investment sales across multiple asset classes. Also part of the purchase is Four Pillars Capital Markets, an affiliate debt services company.
This acquisition will provide Northmarq the opportunity to offer its clients enhanced services related to retail, industrial, office, and corporate solutions, according to Trevor Koskovich, president of investment sales at Northmarq.
Headquartered in Tulsa, Oklahoma, Stan Johnson Co. has expanded over its 35-plus year history to a full-service investment sales company, specializing in net lease investment sales and other areas such as multi-tenant retail, office, industrial, self-storage, and health care sales. The firm has over 100 brokerage professionals across 16 offices in 10 states—Arizona, California, Colorado, Georgia, Illinois, New York, Ohio, Oklahoma, Oregon, and Texas. The company has closed nearly 7,500 transactions exceeding $45 billion in sales volume since its launch in 1985.
“Our vision has been to build a very special, diversified real estate company with a singular focus on providing the highest level of service to our valued clients. Our professionals will be able to offer our clients greater investment opportunities, advice, and product offerings by leveraging the size, scale, and established expertise of the Northmarq brand,” said founder and CEO Stan Johnson. “In addition, we know that under this leadership team, our firm’s culture of service and collaboration will continue.”
With the acquisition of Stan Johnson Co., Northmarq will have nearly 1,000 professionals across its investment sales, debt and equity financing, loan servicing, and fund management operations. According to the firm, the integration of Stan Johnson Co.’s brokerage services is the culmination of the company’s successful foray into investment sales, which started in 2018 with six offices focused on multifamily assets. Prior to the purchase, Northmarq had grown to 22 investment sales offices in 13 states, with plans to continue expanding the service into each market where it provides debt, equity, and loan servicing.
“This is an important milestone for our growing platform, as our company now has investment sales professionals across the country that can service investors across all major asset classes,” said Northmarq CEO Jeffrey Weidell. “Adding this talented group of real estate professionals further establishes Northmarq as a full-service investment sales and capital markets platform.”
