NorthMarq

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NorthMarq Announces Employee Promotions

MINNEAPOLIS, Minn. (June 26, 2010) — NorthMarq announces that eight employees in its Real Estate Management business unit have been promoted this month. The promotions are in recognition of their leadership within the department and help better align NorthMarq’s personnel structure following the recent creation of the Real Estate Management business unit.

“This is further definition of roles following the realignment,” said Lisa Dongoske, executive vice president–Real Estate Management. “We’ve created a larger business unit that includes Property Management, Facilities Management and Financial Reporting to streamline our operations and improve collaboration.”

As announced earlier, Mike Dwyer, executive vice president, leads the Property Management group, with support from five regional directors responsible for managing properties for investors across the country.

Wendy Aaserud has been named a new regional director and senior vice president with responsibility for 6.6 million sq. ft. of retail, office and industrial space in Minnesota and 10 property managers. She joined the organization in 2008 and brings more than 20 years of experience to her new role.

The following employees were also promoted:

Pat Seng – vice president, general manager
Minneapolis, Minn.

Scott Rolston – vice president, general manager
Burr Ridge, Ill.

Doug Grossenbacher – vice president, portfolio manager
Overland Park, Kan.

Peter Stiven – vice president, portfolio manager
Portland, Ore.

Mark Stromgren – vice president, general manager
Phoenix, Ariz.

Cam Gunderson – vice president, general manager
Minneapolis, Minn.

Additionally, Linda Bona has been promoted to senior vice president and leads the Financial Reporting group, which includes Property Accounting and Lease Administration. This group includes 33 employees. Bona is a 14-year veteran with the company.

The Real Estate Management unit also includes Facilities Management, which is focused on corporate space users. This group is led by Bob Dickhaus, executive vice president, and Mark Mundahl, senior vice president.

About NorthMarq
NorthMarq offers commercial real estate services for investors, developers and users/occupiers of space. The company manages more than 60 million sq. ft. of retail, industrial and office assets in 22 markets around the country and handles more than 7,500 transactions annually. It also provides mortgage banking and commercial loan servicing in 32 offices coast-to-coast, with an average of $7 billion in annual production volume and services a loan portfolio of nearly $40 billion.

Contact:
Martha Nevanen
952.893.7539
martha.nevanen@marquettere.com