Northmarq to Acquire Stan Johnson Co.
The acquisition will establish Northmarq as a full-service sales brokerage and capital markets provider.
Northmarq has entered into a definitive agreement to purchase Stan Johnson Co., a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition will also include affiliate debt services company, Four Pillars Capital Markets.
The acquisition will establish Northmarq as a full-service investment sales and capital markets platform, says Northmarq CEO Jeffrey Weidell.
“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,” he says in prepared remarks.
With the acquisition, Northmarq will have nearly 1,000 professionals across its investment sales, debt/equity financing, loan servicing, and fund management operations.
Founded in 1985, Stan Johnson Co. has expanded from its roots in the Midwest to a full-service investment sales company, specializing in net lease investment sales and other areas including multi-tenant retail, office, industrial, self-storage and healthcare sales, as well as other specialty products and service lines. The firm has more than 100 brokerage professionals across 16 offices in 10 states—Oklahoma, Arizona, California, Colorado, Georgia, Illinois, New York, Ohio, Oregon, and Texas.
Stan Johnson Co. has closed nearly 7,500 transactions exceeding $45 billion in sales volume.
“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 Stan Johnson, founder and chief executive of the company.
Since the Pohlad Family purchased the company in 1999, Northmarq has grown through a series of acquisitions of both regional teams and national companies.
In 2018 it began to expand into investment sales, adding 22 investment sales offices in 13 states.