Northmarq said Wednesday it had entered into a definitive agreement to acquire Stan Johnson Company, (SJC) a real estate brokerage and advisory firm focused on investment sales across multiple asset classes.
The acquisition will also include an affiliate debt services company, Four Pillars Capital Markets, and will give Northmarq nearly 1,000 team members across its investment sales, debt/equity financing, loan servicing and fund management operations.
“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,” said Northmarq CEO Jeffrey Weidell. “Adding this talented group of real estate professionals further establishes Northmarq as a full-service investment sales and capital markets platform.”
Founded in 1985, SJC has expanded from its roots in the Midwest to a full-service investment sales company, specializing in net lease investment sales and other areas including multi-tenant retail, office, industrial, self-storage and healthcare sales.
The firm, which has closed nearly 7,500 transactions totaling $45 billion in its four-decade history, has more than 100 brokerage professionals across 16 offices in 10 states: Oklahoma, Arizona, California, Colorado, Georgia, Illinois, New York, Ohio, Oregon and Texas.
Houlihan Lokey served as SJC’s exclusive financial advisor in the acquisition agreement.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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