Stan Johnson Co. recently brokered the $97 million sale of The Shoppes at Webb Gin, an open-air shopping center in the Atlanta suburb of Snellville, Ga.
MINNEAPOLIS AND TULSA, OKLA. — Commercial real estate capital markets platform Northmarq has agreed to acquire Stan Johnson Co., a Tulsa-based real estate brokerage and advisory firm, for an undisclosed price. The acquisition will include Stan Johnson’s affiliated debt services company, Four Pillars Capital Markets.
Minneapolis-based Northmarq offers commercial real estate investors access to experts in debt, equity, investment sales and loan servicing. The company boasts an annual transaction volume of $33 billion and has 22 investment sales offices across 13 states.
Stan Johnson Co. has closed nearly 7,500 transactions exceeding $45 billion in sales volume since it was founded in 1985. The firm focuses on investment sales transactions involving retail, office, industrial, healthcare and specialty properties.
“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,” says Jeffrey Weidell, CEO of Northmarq. “Adding this talented group of real estate professionals further establishes Northmarq as a full-service investment sales and capital markets platform.”
Stan Johnson employs more than 100 brokerage professionals across 16 offices in 10 states, including Oklahoma, Arizona, California, Colorado, Georgia, Illinois, New York, Ohio, Oregon and Texas.
“Our vision has been to build a diversified real estate company with a singular focus on providing the highest level of service to our valued clients,” says founder and CEO Stan Johnson. “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. In addition, we know that under this leadership team, our firm’s culture of service and collaboration will continue.”
Upon closing, Northmarq will have nearly 1,000 professionals across its investment sales, debt/equity financing, loan servicing and fund management operations. Further details on the acquisition were not announced. Houlihan Lokey served as exclusive financial advisor to Stan Johnson in the transaction.
—Katie Sloan
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