News and Research

2008 News

2nd Wind Exercise Equipment Contracts with NorthMarq for Facilities Management Solutions

MINNEAPOLIS, MINN., (Oct., 2, 2008) - NorthMarq announced today that its Corporate Solutions group will provide 2nd Wind Exercise Equipment with web-based contractor management services, called ServicExpress, which utilizes a national network of certified contractors.

NorthMarq Healthcare Advisory Group Represents Summit Orthopedics, LTD. in Move to New Woodbury Clinic

MINNEAPOLIS (Sept. 10, 2008) - Summit Orthopedics, Ltd., represented by Stephen H. Brown, CCIM, of NorthMarq Healthcare Advisory Group, has signed a long-term lease agreement for a new clinic location at Woodlake Office Park in Woodbury, Minn.

NorthMarq Hired to Sell Four Minneapolis Public School Buildings

MINNEAPOLIS, Minn. (August 6, 2008) - NorthMarq has been hired by Minneapolis Public Schools to list for sale four school buildings. The NorthMarq brokerage team of Paul Donovan, Pete Rand and Kevin Peck is accepting bids individually or collectively for the buildings, with offers due Sept. 3, 2008. 

NorthMarq Issues 2008 Mid-Year Compass Report for Twin Cities Commercial Real Estate Market

MINNEAPOLIS, Minn. (July 31, 2008) - The Twin Cities commercial real estate market is feeling the effect of the unstable economy, but certain market segments are doing better than anticipated, according to NorthMarqs mid-year 2008 Compass report, formerly known as the United Properties Outlook Report, released today.  

NorthMarq Corporate Solutions Acquires National Facilities Management Business

MINNEAPOLIS (June 10, 2008) - NorthMarq Corporate Solutions, formerly a division of United Properties, today announced the acquisition of a national facility management business from Work Oasis, an Atlanta-based company. The business offers a national facilities service delivery platform for maintenance, energy management and vendor management, which is powered by exclusive technology. 

NorthMarq and United Properties Finalize Reorganization

MINNEAPOLIS (May 5, 2008) - Commercial real estate leader United Properties completed the reorganization of its business today. The companys real estate services divisions are now operating under the NorthMarq name. The new NorthMarq includes NorthMarq Capital as well as the former Brokerage, Property Management, Healthcare, Construction, and Corporate Solutions businesses of United Properties. United Properties will exclusively focus on Development and Investments.

Genmar Selects NorthMarq Corporate Solutions to Assist with National Real Estate Disposition

MINNEAPOLIS (May 5, 2008) - NorthMarq Investment Services announced today the sale of Victor Marketplace, a 70,000-square-foot retail center located at 14775 Victor Hugo Blvd. in Hugo, Minn. The retail center was bought by Victor Hugo Boulevard, LLC, for an undisclosed price.

NorthMarq Investment Services Announces Sale of Victor Marketplace

MINNEAPOLIS (April 17, 2008) - NorthMarq Investment Services announced today the sale of Victor Marketplace, a 70,000-square-foot retail center located at 14775 Victor Hugo Blvd. in Hugo, Minn. The retail center was bought by Victor Hugo Boulevard, LLC, for an undisclosed price.

Veteran Real Estate Executives Named as Presidents of United Properties and NorthMarq Real Estate Services

MINNEAPOLIS (March 26, 2008) - Commercial real estate leader United Properties continued the transition of its services business to NorthMarq Real Estate Services today by naming new presidents for each company. Frank Dutke, currently Executive Vice President Investment and Development United Properties, will become president of United Properties, which will focus on investment and development activities. Jeff Eaton, currently Executive Vice President Real Estate Services United Properties, will become president of the newly formed NorthMarq Real Estate Services, which will include brokerage, property management and construction. Both positions will be effective May 5.

Haugland Companys 50th and France Redevelopment Enhances Area with Local and National Retail Tenants

MINNEAPOLIS (March 25, 2008) - Haugland Company, along with commercial real estate leader United Properties/NorthMarq, today announced the final signed lease in Haugland Companys 5000 France redevelopment; along with its retail space at 3924 W. 50th Street. Bumbershute, a womens clothing and accessories boutique, will be the final tenant to fill the available space at 5000 France.