The Pohlad family is perhaps best known as the owners of the Minnesota Twins since 1984, but the three Pohlad brothers — Bill, Bob and Jim — have their hands in a wide array of business interests. The trio inherited Pohlad Cos. from their father, Carl. It was initially a banking and financial services firm, and later expanded into commercial real estate, automotive sales, sports and entertainment.
The Pohlad family acquired NorthMarq Capital in 1999, bringing the company into a time of growth with 13 corporate acquisitions that added 25 offices and 200 employees. NorthMarq Capital fully acquired AmeriSphere Multifamily Finance in 2015, creating NorthMarq Capital Finance as a wholly owned subsidiary.
The Pohlad Cos.' holding company, NorthMarq Cos., also previously owned Cushman & Wakefield NorthMarq and Cushman & Wakefield Commerce as partner firms with the brokerage company. Cushman & Wakefield completed its purchase of the two brokerages this month in a deal that secured 10 offices with 750 employees and management of almost 50M SF for the firm across several U.S. markets.
Jim oversees the real estate development arm of the business, which includes United Properties, acquired by Pohlad Cos. in 1998, and Meridian Land, a United Properties subsidiary. United Properties focuses on investment and development and has developed nearly 200 projects totaling more than 10M SF since the 1970s. — Scott Klocksin
