Northmarq ranked top industrial and multifamily broker by Real Estate Alert

MINNEAPOLIS (Feb. 13, 2025) — Northmarq’s Investment Sales platform was recently ranked in Real Estate Alert, a publication of Green Street News, as a top broker of industrial and multifamily properties. The rankings accounted for brokers representing sellers in deals of at least $25 million.

Industrial 

The firm ranked seventh in the “Top Brokers of Industrial Properties in 2024,” with total sales volume of $562 million (for deals of at least $25 million).

Northmarq’s 2023 industrial sales volume was $248 million — signifying 126.6% year-over-year growth.

The industrial sector accounted for $22.8 billion in the multi-tenant market’s fourth quarter, showcasing the sustained appeal of industrial assets for investors. The sector is a primary focus for the firm, with expertise in single-asset and portfolio sales, sale leasebacks and 1031 exchanges across all industrial types.

Northmarq was also named a 2024 Influencer in Industrial by GlobeSt. in September 2024.

By market, the firm was also ranked No. 6 for Los Angeles and No. 5 for Jacksonville, Florida.

Multifamily

In the 2024 “Top Brokers of Multifamily Properties,” Northmarq ranked ninth with a total sales volume of over $3 billion (for deals of at least $25 million), a 42% increase from 2023 ($2.17 billion total sales volume).

The firm was ranked No. 1 in the Las Vegas market for a total sales volume of $507.9 million in 2024, equating to a market share of 35%.

Northmarq also ranked in the following markets:

  • Charlotte, North Carolina (No. 5).
  • Dallas-Fort Worth (No. 6).
  • Denver (No. 7). 
  • Fort Lauderdale, Florida (No. 8).
  • Phoenix (No. 6).
  • Tampa-St. Petersburg, Florida (No. 8).

Northmarq’s multifamily expertise does not stop at brokerage — our debt and equity experts and loan servicing specialists collaborate with brokers to provide a personalized approach to each transaction.


Learn more 

About Northmarq 
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.

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