Fred Wall started his real estate career at the Spring Co., which was one of the most prominent residential real estate companies in the Twin Cities at the time, and was quickly promoted to sales manager. After several years, Wall and another Spring Co. manager, Carl Martin, opened the Wall-Martin Co. and Norseman Realty. When Martin died in a plane crash in 1968, Wall formed the Wall Cos.
Since, Wall has been involved with several notable real estate deals in the Twin Cities. He once owned and renovated the historic Foshay Tower, and he partnered with the Trammell Crow Co. in the development of the Normandale Office Park in Bloomington. Wall has supported the United Way, the University of Minnesota Landscape Arboretum and does community outreach through the Fred and Alice Wall Family Foundation.