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PHILADELPHIA-NorthMarq has added a three-person investment sales team in Philadelphia. Real estate executives Joe Verdejo and Jim Sheehan are joining the company as senior vice presidents, with Valerie Falco serving as the team’s client coordinator. They will focus on representing sellers and buyers of multifamily properties in Pennsylvania, New Jersey and Delaware.

“Greater Philadelphia is an important location to add to our growing national investment sales practice,” says Mike Ohmes, executive vice president, transaction and advisory services for NorthMarq. “We look forward to the synergy that will develop between this experienced investment sales team and our existing capital markets and real estate advisory professionals in this location.” He adds that the company has grown its investment sales business in several markets including Minneapolis, Southern California, Dallas and Washington, DC.  “We are currently engaged in a strategy to expand our investment practice over the next few years,” he relates, adding that over time, the firm will have the ability to attract additional leaders in similar posts around the country. “Our plan is to continue to growth the business in a thoughtful way.”

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