MINNEAPOLIS—Cushman & Wakefield | NorthMarq has just created a new retail capital markets team to represent its institutional and private capital clients here in acquisitions and dispositions and to assist in strategic planning. The team handles a range of retail properties from large, institutional-quality assets such as power centers and grocery-anchored centers, to neighborhood strip centers and single-tenant assets.
To create the new team CWN combined its previous two capital markets retail groups. This team includes Jim Rock, executive director; Skip Melin, senior director; and Leah Maurer, associate director. Collectively, the three have handled over $2 billion in transaction volume.
“We have created one solid investment team that specializes in retail, which is unique to the upper Midwest in capital markets,” says Mike Ohmes, executive vice president of Cushman & Wakefield | NorthMarq. “Jim, Skip and Leah are true specialists in the area of retail investment services and I believe these three will take our retail capital markets team to a new level.”
“Our team has handled transactions of all sizes and types in the Twin Cities and throughout Minnesota, from straightforward dispositions and acquisitions to joint ventures and more complicated arrangements,” adds Rock. “This range of experience allows us to position our clients for success and sets us apart in the market.”
Recent transactions handled by members of the group include the sales of Brackenridge Skyway Plaza, a 38,000-square-foot center in Rochester, MN; Southview Shopping Center, a 55,428-square-foot shopping center located in St. Paul; and Thomas Lake Center, a 42,000-square-foot shopping center, located in Eagan.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
