Northern Equities Group
Northern Equities Group is a privately held, founder-led full-service real estate development and investment firm in Farmington Hills, Michigan, delivering build-to-suit, acquisitions, leasing, and facilities management to enterprise tenants across Michigan, Arizona, and Colorado.
- Company typePrivate
- Founded1979
- HeadquartersFarmington Hills, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Northern Equities Group does
Northern Equities Group is a privately held, founder-led full-service real estate development and investment firm headquartered in Farmington Hills, Michigan, established in 1979 by Neil J. Sosin. The firm operates across Michigan, Arizona, and Colorado, with a cumulative development track record exceeding $1 billion of real estate across more than 2 million square feet of office space, over 1,000 acres of land deals, and a managed portfolio of approximately 2.5 million square feet administered through its NEMC subsidiary. Its core service lines are (i) build-to-suit development of office, research, and industrial facilities, (ii) property acquisitions of office and multifamily assets, (iii) facilities management via NEMC covering cleaning, maintenance, landscaping, and 24/7 operations, and (iv) recurring lease income from Class A office, technology, and medical office properties. Customers are predominantly enterprise corporate tenants, including named Fortune 500 occupiers such as Bank of America and Paychex, alongside technology and research firms leasing single-story office/research buildings in Novi and Farmington Hills. The firm's go-to-market is relationship-driven and sales-led, primarily executed through direct outreach by President Matthew S. Sosin and Senior Vice President Joseph M. Drolshagen, supported by a corporate website that functions as a property listings and lead generation platform. Differentiation rests on integrated in-house design-build capabilities (a 20+ year-tenured development team), long-standing municipal relationships for zoning and infrastructure, multi-decade capital partner relationships, and an after-delery management continuity model intended to produce long-term landlord-tenant relationships rather than adversarial ones. Strategic positioning includes the in-development Frontier House 'Office of the Future' concept with biophilic design, geothermal, and solar features, and the $58 million-plus Albert Kahn Building redevelopment in Detroit.
Northern Equities Group firmographics
Firmographics- Name
- Northern Equities Group
- Legal name
- Northern Equities Group
- Website
- https://noreq.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Northern Equities Group is a privately held, founder-led full-service real estate development and investment firm in Farmington Hills, Michigan, delivering build-to-suit, acquisitions, leasing, and facilities management to enterprise tenants across Michigan, Arizona, and Colorado.
- Ownership category
- akta.pro rank
Northern Equities Group industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Lessors of Real Estate (5311), Land Subdivision (23721), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Industrial Land & Build-to-Suit Site Brokerage (BPAJACAJ)
- akta.pro secondary industry
- Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)
Keywords
Where Northern Equities Group is headquartered
LocationHeadquarters
- HQ city
- Farmington Hills
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Northern Equities Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Real Estate Development: Full-service real estate development from land acquisition through design, construction, and delivery. Revenue generated through development fees, construction services, and property sales/acquisitions.
- Facilities Management: NEMC (Northern Equities Management Company) provides full-service facilities management for approximately 2.5 million square feet of properties. Services include cleaning, maintenance, landscaping, snow removal, and property management.
- Property Acquisitions: Acquisition of office and multifamily properties as well as land for new development. Revenue generated through property appreciation and investment returns.
- Lease Income: Portfolio of over 2 million square feet of office space generating recurring lease income from tenants in office parks, research facilities, and industrial buildings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Office and research space available in various sizes across Michigan properties |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Northern Equities Group product offering
Product offeringCore offering
Northern Equities Group is a full-service real estate development and investment firm that acquires land and commercial properties, develops build-to-suit office, research, and industrial facilities for enterprise tenants, and provides ongoing facilities management through its NEMC subsidiary. The firm manages over 2.5 million square feet of properties and has developed more than $1 billion of real estate across Michigan, Arizona, and Colorado since 1979.
Product overview
Northern Equities Group is a full-service real estate development and investment firm offering a comprehensive portfolio of commercial real estate services. The core offerings include Build to Suit (custom building development), Facilities Management through its NEMC subsidiary (managing approximately 2.5 million square feet), Available Space listings (commercial office, research, and technology properties), and Acquisitions. The company also recently announced Frontier House, an innovative 'Office of the Future' concept. The company's property portfolio spans technology centers, corporate office centers, and medical office buildings across Michigan, Arizona, and Colorado.
Differentiator
Problem solved
Functional benefit
Products and services
- Build to Suit Custom commercial building development service where Northern Equities Group constructs buildings tailored to enterprise tenant specifications. Available sites include over 70 acres in Haggerty Corridor Corporate Park in Novi, Michigan, plus sites in Mesa AZ, Aurora CO, Farmington Hills and Wixom MI. Engineers and architects are provided as part of the turnkey operation.
- Facilities Management (NEMC) Full-service facilities management company (Northern Equities Management Company - NEMC) managing approximately 2.5 million square feet of properties. Services include interior and exterior maintenance, cleaning, landscaping, snow removal, construction management, and financial management with 24/7 support.
- Available Space (Commercial Property Listings) Portfolio of available commercial office, research, and technology space across multiple properties in Michigan, including single-story (Adams North/South Technology Centre, Mackenzie North/South), two-story, and three-story Class A facilities. Square footage ranges from 11,900 to 180,000+ sq. ft., with properties in Novi, Farmington Hills, and Detroit.
- Acquisitions Acquisition of office and multifamily properties as well as land for new development, with nearly 40 years of investment experience and over $1 billion worth of real estate acquired. Targets strategic locations with infrastructure potential across the United States.
Quantifiable outcome
- $1 Billion+ real estate developed
- +6 more outcomes
Companies that use Northern Equities Group
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
Northern Equities Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Northern Equities Group partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights3 records
Northern Equities Group competitors and assessment
Company assessmentBroad incumbents
- Prologis: Global industrial REIT and build-to-suit specialist that absorbs logistics and light-industrial tenants — comparable build-to-suit thesis and enterprise-tenant focus, but at vastly larger scale and industrial-only asset class.
- JLL (Jones Lang LaSalle): Global commercial real estate services firm offering investment sales, development advisory, property management, and leasing across all asset types — comparable as a much larger incumbent offering overlapping services (especially property management and capital markets) to enterprise tenants.
- CBRE Group: Largest global commercial real estate services firm, providing investment management, property management, valuation, and development services — overlaps with Northern Equities' facilities management and tenant-representation work at Fortune 500 enterprises.
- Cushman & Wakefield: Global commercial real estate services platform spanning investment sales, leasing, valuations, and property management — broadly comparable as a large incumbent serving enterprise office tenants in the same overall CRE services market.
- Newmark Group: Global commercial real estate advisor offering leasing, investment sales, and property management with growing investment sales and servicing capability — overlaps with Northern Equities' owner-representation and enterprise tenant services.
- Howard Hughes Holdings: Master-planned community and office developer operating large-scale mixed-use properties with embedded property management — comparable business model (develop + own + manage) at much larger scale and national geographic footprint.
Direct peers
- REDICO: Michigan-based commercial real estate development and investment firm doing office, industrial, and mixed-use development in the Detroit region — directly comparable as a regional full-service developer competing in the same Metro Detroit office/suburban park market.
- Bedrock: Detroit-based full-service commercial real estate developer founded by Dan Gilbert; develops, owns, and manages office, retail, and mixed-use properties in Michigan — directly comparable in geography (Metro Detroit), service mix (development + asset management), and enterprise-tenant focus.
- The Kirco Company: Michigan-headquartered full-service commercial real estate developer offering build-to-suit, development, and property management services across office, industrial, and mixed-use — highly comparable regional full-service model with similar customer profile.
- Schostak Brothers & Co. Family-owned Michigan-based real estate firm doing commercial development, investment, and property management since the early 1900s — comparable as a multi-generational, regional full-service CRE operator with similar geographic and tenant profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Northern Equities Group social profiles
Digital presenceNorthern Equities Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Northern Equities Group leadership team
Management profileNumber of profiles
Profiles9 records
Northern Equities Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Northern Equities Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Northern Equities Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Northern Equities Group
What does Northern Equities Group do?
Northern Equities Group is a full-service real estate development and investment firm that acquires land and commercial properties, develops build-to-suit office, research, and industrial facilities for enterprise tenants, and provides ongoing facilities management through its NEMC subsidiary. The firm manages over 2.5 million square feet of properties and has developed more than $1 billion of real estate across Michigan, Arizona, and Colorado since 1979.
Is Northern Equities Group a public or private company?
Northern Equities Group is a private company. It is classified as family owned and is currently operating.
When was Northern Equities Group founded?
Northern Equities Group was founded in 1979. It employs 11 to 50 people.
Where is Northern Equities Group based?
Northern Equities Group is headquartered in Farmington Hills, United States, in the North America region.
How does Northern Equities Group make money?
Four revenue lines are on record. Real Estate Development is the primary driver. The others are facilities Management, property Acquisitions and lease Income.
Who are Northern Equities Group's main competitors?
Broad incumbents on record are Prologis, JLL (Jones Lang LaSalle), CBRE Group, Cushman & Wakefield, Newmark Group and Howard Hughes Holdings. Direct peers are REDICO, Bedrock, The Kirco Company and Schostak Brothers & Co..
Does Northern Equities Group have an API?
No public API is recorded for Northern Equities Group.
What industry is Northern Equities Group in?
Northern Equities Group's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAJACAJ, Industrial Land & Build-to-Suit Site Brokerage, with a secondary code of BPAJADAJ, Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth). Its NAICS code is 5311 and its SIC code is 6532.