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Venture Commercial closes two leases for specialty DIY retailer


Venture Commercial has completed two leases on behalf of Northern Tool + Equipment in White Bear Lake, Minnesota, in the White Bear Marketplace, and in Live Oak, Texas, in The Village at Forum Parkway Shopping Center. Clay Mote of Venture Commercial, who is the master broker for Northern Tool + Equipment, made the announcement.

Mote of Venture Commercial, a Dallas/Fort Worth-based partner of international retail real estate advisory alliance X Team International, negotiated both deals on behalf of the retailer. Ted Gonsior of Welsh Companies, an X Team International partner based in Minneapolis-Saint Paul, represented the landlord in White Bear Lake, while by David Nicolson of The Weitzman Group, Inc., represented the landlord in Live Oak.

“As master broker for Northern Tool + Equipment, I could not be more proud to provide support to the company as they successfully continue their expansion,” said Mote. “These two, geographically dispersed locations speaks to their growth strategy. I am positive that they will continue to thrive not only in these new locations, but across the 19 states where they currently operate.”

The two stores are the newest additions to Northern Tool + Equipment’s portfolio of 90 locations. Northern Tool serves several industrial and trade segments, as well as consumers with interests such as woodworking, hunting, fishing and home improvement.

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