MINNEAPOLIS—Cushman & Wakefield | NorthMarq has just created a new retail capital markets team to represent its institutional and private capital clients here in acquisitions and dispositions and to assist in strategic planning. The team handles a range of retail properties from large, institutional-quality assets such as power centers and grocery-anchored centers, to neighborhood strip centers and single-tenant assets.

To create the new team CWN combined its previous two capital markets retail groups. This team includes Jim Rock, executive director; Skip Melin, senior director; and Leah Maurer, associate director. Collectively, the three have handled over $2 billion in transaction volume.

“We have created one solid investment team that specializes in retail, which is unique to the upper Midwest in capital markets,” says Mike Ohmes, executive vice president of Cushman & Wakefield | NorthMarq. “Jim, Skip and Leah are true specialists in the area of retail investment services and I believe these three will take our retail capital markets team to a new level.”

“Our team has handled transactions of all sizes and types in the Twin Cities and throughout Minnesota, from straightforward dispositions and acquisitions to joint ventures and more complicated arrangements,” adds Rock. “This range of experience allows us to position our clients for success and sets us apart in the market.”

Recent transactions handled by members of the group include the sales of Brackenridge Skyway Plaza, a 38,000-square-foot center in Rochester, MN; Southview Shopping Center, a 55,428-square-foot shopping center located in St. Paul; and Thomas Lake Center, a 42,000-square-foot shopping center, located in Eagan.