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
- View our current property listings here.
- Interested in expanding your portfolio to multifamily properties? Visit our Knowledge Center: A Beginner's Guide to Understanding Multifamily Assets.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.