2010 News
MINNEAPOLIS (July 26, 2010) — Riverview Office Tower in Bloomington,
Minn. recently completed a 90,000-sq.-ft. lease with Iowa-based Valuation
Information Technology, LLC, a commercial real estate and appraisal firm.
MINNEAPOLIS (July 22, 2010) – NorthMarq’s 2010 Mid-Year “Compass Report”
on State of Twin Cities Market Released: Signs are beginning to surface that
the slumbering commercial real estate market in the Minneapolis-Saint Paul
metro area is waking up.
MINNEAPOLIS (July 12, 2010) — NorthMarq Advisory Services Group announces
that it has represented ClearChoice Dental Implant Centers in securing space
for its first location in Minnesota.
MINNEAPOLIS (July 7, 2010) — NorthMarq, a market leader in promoting
sustainability within the properties it manages, has created a
sustainability team led by energy management expert Chuck Palm.
MINNEAPOLIS (July 7, 2010) — NorthMarq announces the following industrial
real estate transactions completed in June.
MINNEAPOLIS, Minn. (June 26, 2010) — NorthMarq announces that eight
employees in its Real Estate Management business unit have been promoted
this month.
MINNEAPOLIS, Minn. (June 7, 2010) — NorthMarq announces five retail real
estate transactions completed in May.
MINNEAPOLIS, Minn. (June 1, 2010) — NorthMarq announces four office real
estate transactions completed in May.
MINNEAPOLIS (May 12, 2010) —NorthMarq Investment Services in Washington,
D.C., represented a private investor in the sale of Virginia Square Plaza, a
two-building medical office and general office complex in the
Rosslyn-Ballston Corridor in Arlington, Va.
MINNEAPOLIS, Minn. (May 3, 2010) — NorthMarq today announced the addition
of investment sales brokers Mario Mexia as managing director and Matt Mexia
as director, based in NorthMarq’s Newport Beach office.
MINNEAPOLIS (April 29, 2010) — NorthMarq Investment Services in
Washington, D.C., represented OPL, LLC, in the sale of Three Flint Hill, a
160,650-sq.-ft. office building in Oakton, Va.
MINNEAPOLIS (March 9, 2010) — NorthMarq Real Estate Services announced
today that it has realigned its internal business divisions, organizing all
services into two primary business units – Real Estate Management and
Transaction and Advisory Services.
MINNEAPOLIS (March 4, 2010) — NorthMarq today announces three leases
totaling 145,000 sq. ft. at Normandale Lake Office Park in Bloomington with
Rasmussen, Inc., PLATO Learning and Towers Watson. These latest transactions
add two new tenants and a long-term lease extension at the 1.7 million sq.
ft. park that is home to nearly 90 companies.
MINNEAPOLIS (March 3, 2010) — NorthMarq announced today that it has been
hired to provide property management services for two retail properties –
165-000-sq.-ft. Oakdale Village in Oakdale, Minn., and 115,000-sq.-ft.
Lincoln Commons North in Lone Tree, Colo.
BALTIMORE (March 2, 2010) — NorthMarq’s Investment Sales team in
Washington, D.C., has completed the sale of the St. Agnes Healthcare Center,
located in Catonsville, Md., for $10.4 million. Jim Kornick, senior vice
president, and Matt Clinebell, vice president, represented the buyer, JAG
Associates, LLC, in the transaction.
MINNEAPOLIS, Minn. (Feb. 15, 2010) — NorthMarq announces three retail
real estate transactions completed in January.
MINNEAPOLIS, Minn. (Feb. 15, 2010) — NorthMarq announces three office
real estate transactions completed in January.
MINNEAPOLIS (Feb 4, 2010) — NorthMarq has entered into an exclusive real
estate services agreement with APi Group Inc., a parent company to more than
33 independent fire protection, and industrial and specialty construction
businesses located throughout North America and the United Kingdom.
MINNEAPOLIS (Feb 2, 2010) — The Advisory Services Group, a team of three
NorthMarq brokers lead by Paul Donovan, represented Minneapolis Public
Schools in the lease of Franklin School, a 125,794-sq.-ft. property located
at 1501 Aldrich Avenue, to W.I.S.E. Charter School.
MINNEAPOLIS (Jan. 27, 2010) — NorthMarq announced two new developments
related to the 8200 Tower at Normandale Lake Office Park: the Tower has
earned LEED Gold certification and D’Amico & Partners will open a new
restaurant there in June 2010.
MINNEAPOLIS (January 21, 2010) – Activity in all sectors of the Twin
Cities commercial real estate market continued to feel the effects of the
“Great Recession” as it maintained its grip on the economy during the second
half of 2009.
MINNEAPOLIS (January 18, 2010) – Hennepin County District Court recently
appointed NorthMarq as receiver of eight buildings of the 14 office
buildings at Pentagon Park, totaling 288,000 sq. ft.
SAN DIEGO, CA. (Jan. 11, 2010) – To support the San Diego Housing
Commission’s goal to expand its stock of affordable housing units,
NorthMarq’s San Diego office, in conjunction with the Housing Commission,
created an innovative finance plan with loans from Fannie Mae and FHA that
qualify for the Build America Bonds interest rebate.
DALLAS (Jan. 5, 2010) —National commercial real estate firm NorthMarq and
Dallas-based The Apartment Group have formed a strategic alliance in Texas
to bring a new dimension to the areas of multifamily finance and investment
sales.