GlobeSt. names Northmarq, Ryan Butler 2024 Influencers in Industrial

MINNEAPOLIS (Sept. 24, 2024) — Northmarq is honored to be named by GlobeSt., a trusted commercial real estate (CRE) industry source, as an Influencer in Industrial for 2024. This honor recognizes professionals, teams and companies that have helped shape the industrial real estate market.

In addition to Northmarq’s recognition as a company, Regional Managing Director Ryan Butler of the Tulsa office was selected as an individual Influencer in Industrial.

Below is content originally published by GlobeSt.

The industrial sector is a primary focus for Northmarq, which has developed expertise in single-asset and portfolio sales, as well as sale leaseback transactions and 1031 exchanges spanning all types of industrial assets including distribution, bulk warehouse, cold storage facilities, manufacturing, industrial outdoor storage and last-mile logistics.

Northmarq completed more than $651 million in industrial investment sales transactions nationwide in 2023. Recently, it brokered the sale of Sheet Metal Technologies in Raleigh, North Carolina, for $21.3 million and a cap rate below 7%. The sale was completed by Rob Gemerchak of Northmarq’s Toledo, Ohio office. In addition, Brett Butler of Northmarq’s Newport Beach, California office arranged the $22.3 million sale of NOV Inc. in New Iberia, Louisiana, and the $26.5 million sale of an industrial portfolio in Midland, Texas.

Northmarq has been a pioneer in the up-and-coming industrial outdoor storage sector, transacting millions of dollars in assets for clients and publishing multiple research-based articles and whitepapers as a thought-leader in the space.

Founded in 1962, Northmarq is one of the nation’s leading commercial real estate brokerage and advisory firms working with clients on debt, equity, investment sales and loan servicing. The industrial team is led by Executive Managing Director of Commercial Investment Sales Jeff Cox and Managing Director of Operations, Investment Sales Amy Moyer. The firm is led by CEO Jeffrey Weidell.

Regional Managing Director Ryan Butler has demonstrated a knack for identifying emerging trends during his two-decade career. Most recently, he has established himself as an expert in structuring the portfolio disposition of industrial outdoor storage and traditional assets totaling more than $300 million during the past two years. Butler plays a pivotal role in shaping the future of the firm’s net lease advisory vertical. His responsibilities include spearheading recruitment efforts and overseeing its Tulsa office and producers.

Butler also leads a team of six brokers focused on acquiring, disposing and capitalizing net lease assets across the country. In this role, he provides guidance and direction for his team to excel, provide exceptional client service and contribute to the firm’s success.

In the past 18 months, the team closed industrial sales of $300 million despite challenging market conditions. This accomplishment is highlighted by the national sales of multiple FedEx Ground facilities, industrial outdoor storage facilities and several equipment rental properties as net lease portfolio dispositions. Butler is committed to enriching the lives of others through involvement in his children’s school and volunteering at the Oklahoma Foodbank.

View the GlobeSt. 2024 Influencers in Industrial.

The story was written by GlobeSt.com Staff and appeared on GlobeSt.com on Sept. 24, 2024. © 2024 ALM Global Properties, LLC. All rights reserved.