Northmarq strengthens West Coast, national retail team with hire of industry veteran Tim Kuruzar
Kuruzar brings 19 years of experience and $3B in transactions across the Western U.S.
MINNEAPOLIS (May 14, 2025) — Northmarq has announced the addition of Tim Kuruzar as a senior vice president of Commercial Investment Sales in the company’s Los Angeles office. Kuruzar brings more than 19 years of real estate experience and has successfully closed over $3 billion in retail investment transactions across Southern California and the Western United States. In his new role, Kuruzar will have a strategic focus on national retail investment advisory and delivering exceptional results for his clients.
“Tim’s addition reinforces our commitment to expanding our retail platform and delivering expert guidance to clients,” said Jeff Cox, executive managing director of Commercial Investment Sales. “His deep market expertise, institutional relationships and client-centric approach will enhance our capabilities in key West Coast markets and further align with our long-term growth strategy.”
Before joining Northmarq, Kuruzar was a senior director at JLL in Los Angeles for seven years, where he worked closely with both private capital and institutional investors. Prior to his time at JLL, he served as vice president with CBRE, further honing his expertise in retail investment sales throughout the region.
"There's a real sense of momentum at Northmarq," said Kuruzar. "Its entrepreneurial culture and collaborative approach immediately stood out to me. I’m excited to be part of a company that prioritizes both long-term relationships and performance.”
Kuruzar is an active member of the International Council of Shopping Centers (ICSC), reflecting his dedication to professional engagement and industry insight. He also supports the Alzheimer’s Association and is a member of the Alois Society, where he contributes time and fundraising efforts to advance care and research for those impacted by the disease.
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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.