Content about Marcus & Millichap

December 26, 2013

Marcus & Millichap Real Estate Investment Services has arranged the sale of North Olmsted Towne Center, a 95,446-sq.-ft. shopping center in North Olmsted, Ohio, approximately 17 miles southwest of Cleveland.

North Olmsted, Ohio — Marcus & Millichap Real Estate Investment Services has arranged the sale of North Olmsted Towne Center, a 95,446-sq.-ft. shopping center in North Olmsted, Ohio, approximately 17 miles southwest of Cleveland. The selling price was $17.79 million, $186 per square foot.

Towne Center tenants include David’s Bridal, The Tile Shop, Jimmy John’s, La-Z-Boy, Men’s Wearhouse, Moe’s Southwest Grill, Party City and Pearle Vision.

November 27, 2013

Milan Capital Management has acquired the Smart & Final Center in Simi Valley, Calif., for $16.9 million — $170 per square foot Marcus & Millichap Real Estate Investment Services represented Milan Capital and the seller, who had owned the property for 45 years.

Simi Valley, Calif. — Milan Capital Management has acquired the Smart & Final Center in Simi Valley, Calif., for $16.9 million — $170 per square foot Marcus & Millichap Real Estate Investment Services represented Milan Capital and the seller, who had owned the property for 45 years.

October 11, 2013

Marcus & Millichap Real Estate Investment Services has arranged the sale of The Forum, a 105,000-sq.-ft boutique retail center in Wilmington, N.C.

Wilmington, N.C. — Marcus & Millichap Real Estate Investment Services has arranged the sale of The Forum, a 105,000-sq.-ft boutique retail center in Wilmington, N.C. The $24,680,000 sales price equates to $233 per square foot.

Marcus & Millichap’s Fort Lauderdale office represented the seller, the developer of the property, Swain & Associates, as well as the buyer, L&B Realty Advisors LLP, a pension fund. Swain & Associates will maintain its offices at The Forum and continue to handle leasing responsibilities.

July 11, 2013

Marcus & Millichap Real Estate Investment Services has named Paul Loubet as western region director of the national retail group.

Calabasas, Calif. -- Marcus & Millichap Real Estate Investment Services has named Paul Loubet as western region director of the national retail group.

Based in the firm’s Newport Beach, Calif., office, Loubet will direct more than 100 investment sales professionals operating from more than 25 offices comprising Marcus & Millichap’s western region.

June 14, 2013

Broader regional economic growth and improved consumer and retailer finances bode well for retail real estate investments in well-located properties, according to “The Retail Outlook” from Marcus & Millichap Research Services’ second quarter 2013 mid-year outlook for the national retail market and U.S. economy.

Calabasas, Calif. -- Broader regional economic growth and improved consumer and retailer finances bode well for retail real estate investments in well-located properties, according to “The Retail Outlook” from Marcus & Millichap Research Services’ second quarter 2013 mid-year outlook for the national retail market and U.S. economy.

June 12, 2013

Marcus & Millichap Real Estate Investment Services has promoted Ronnie Issenberg to associate VP investments.

Miami -- Marcus & Millichap Real Estate Investment Services has promoted Ronnie Issenberg to associate VP investments.

Director of the firm’s National Retail Group, Issenberg most recently held the title of senior associate.

 

June 6, 2013

Marcus & Millichap Real Estate Investment Services has promoted Douglas K. Mandel to first VP investments.

Fort Lauderdale, Fla. -- Marcus & Millichap Real Estate Investment Services has promoted Douglas K. Mandel to first VP investments. Mandel also serves as senior director of the firm’s National Office and Industrial Properties Group and director of the National Retail Group.

In 2012, Mandel was the firm’s top office and industrial agent nationwide.

 

May 17, 2013

Marcus & Millichap Real Estate Investment Services has promoted Gabriel A. Britti to associate VP investments.

Miami -- Marcus & Millichap Real Estate Investment Services has promoted Gabriel A. Britti to associate VP investments.

Most recently, Britti was a senior associate. He is also an associate director of the firm’s National Retail Group.

 

May 13, 2013

Marcus & Millichap Real Estate Investment Services said it has named Craig M. Fuller director of the firm’s National Retail Group and Net Leased Properties Group in Cleveland.

Cleveland -- Marcus & Millichap Real Estate Investment Services said it has named Craig M. Fuller director of the firm’s National Retail Group and Net Leased Properties Group in Cleveland.

Fuller joined Marcus & Millichap in June 2008. He specializes in the sale of both multi-tenant and single-tenant net-leased retail investment properties throughout the Midwest with a special focus on Ohio and Pennsylvania.

 

May 6, 2013

Marcus & Millichap Real Estate Investment Services said that it has named Thomas Gorman regional manager of its Boston and Providence, R.I. offices.

Boston -- Marcus & Millichap Real Estate Investment Services said that it has named Thomas Gorman regional manager of its Boston and Providence, R.I. offices.

Gorman has been serving as the sales manager in the Philadelphia and Washington D.C. offices since November 2011, and is charged with expanding the Boston and Providence offices.

 

April 29, 2013

Marcus & Millichap Real Estate Investment Services said it has named Stephen Rachman as regional manager of its Chicago O’Hare office.

Chicago -- Marcus & Millichap Real Estate Investment Services said it has named Stephen Rachman as regional manager of its Chicago O’Hare office.

Rachman began his career at Marcus & Millichap in 2002 as an agent in the firm’s Chicago O’Hare office and, in 2004, relocated to the Chicago Downtown office. Named senior associate in 2005, and then VP investments in March 2013, Rachman returned to the Chicago O’Hare office in March.
 

April 18, 2013

Marcus & Millichap Real Estate Investment Services announced it has named Kevin Boeve as regional manager of its Ontario office, Calif., office.

Ontario, Calif. -- Marcus & Millichap Real Estate Investment Services announced it has named Kevin Boeve as regional manager of its Ontario office, Calif., office.

Boeve joined Marcus & Millichap in June 1999 and most recently served as VP investments.

 

August 8, 2012

Marcus & Millichap Real Estate Investment Services said it has promoted Bill Rose to VP.

San Diego -- Marcus & Millichap Real Estate Investment Services said it has promoted Bill Rose to VP.

Rose currently serves as the national director of Marcus & Millichap’s National Retail Group and co-national director of its Net Leased Properties Group, positions he will continue to hold.

June 25, 2012

Los Angeles-based Marcus & Millichap Real Estate Investment Services said that it has hired Derek Hargrove as a senior associate in the Houston office.

Houston -- Los Angeles-based Marcus & Millichap Real Estate Investment Services said that it has hired Derek Hargrove as a senior associate in the Houston office.

In his new position, Hargrove focuses on the sale of multi-tenant shopping centers throughout southwest Texas. He also holds the title of associate director of Marcus & Millichap’s National Retail Group.
 

June 19, 2012

Marcus & Millichap Real Estate Investment Services said it has hired Derek Hargrove as a senior associate in the Houston office.

Houston -- Marcus & Millichap Real Estate Investment Services said it has hired Derek Hargrove as a senior associate in the Houston office.

In his new position, Hargrove will focus on the sale of multi-tenant shopping centers throughout southwest Texas. He also holds the title of associate director of Marcus & Millichap’s National Retail Group.

April 26, 2012

Marcus & Millichap Real Estate Investment Services announced that Jon Hendrickson has been named associate director of the firm’s National Retail Group in Denver.

Denver -- Marcus & Millichap Real Estate Investment Services announced that Jon Hendrickson has been named associate director of the firm’s National Retail Group in Denver.

Hendrickson joined Marcus & Millichap’s sales intern program in 2004, became an agent in 2006 and was promoted to senior associate in 2009.
 
 

April 19, 2012

Marcus & Millichap Real Estate Investment Services announced a number of appointments within its National Retail Group offices around the country.

Encino, Calif. -- Marcus & Millichap Real Estate Investment Services announced a number of appointments within its National Retail Group offices around the country.

Joel M. Dumes has been named director of the firm’s National Retail Group in Cincinnati; Dumes is currently VP investments for the company.

Scott J. Wiles, a seven-year veteran of the company, was named director of the firm’s National Retail Group in Cleveland, and Erin E. Patton is now director of the National Retail Group in Columbus, Ohio.

April 13, 2012

Marcus & Millichap Real Estate Investment Services said it has named Kirk L. Trammell senior director of the firm’s National Retail Group in Palo Alto.

Palo Alto, Calif. -- Marcus & Millichap Real Estate Investment Services said it has named Kirk L. Trammell senior director of the firm’s National Retail Group in Palo Alto.

Trammell joined Marcus & Millichap in June 1989. During his career, he has closed more than $1 billion in commercial property transactions, according to the company.

March 27, 2012

Marcus & Millichap Real Estate Investment Services said it has named Phil Sambazis senior director of the firm’s National Retail Group in San Diego.

San Diego -- Marcus & Millichap Real Estate Investment Services said it has named Phil Sambazis senior director of the firm’s National Retail Group in San Diego. Sambazis joined Marcus & Millichap in March 2006 and specializes in the acquisition and disposition of retail shopping centers and net-leased investments.

Marcus & Millichap has also named Kevin W. Boeve senior director of the firm’s National Retail Group in Ontario. Boeve joined Marcus & Millichap in June 1999.

March 13, 2012

Marcus & Millichap Real Estate Investment Services said it has named Brandon Michaels senior director of the firm’s National Retail Group in Encino.

Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has named Brandon Michaels senior director of the firm’s National Retail Group in Encino.

Michaels joined Marcus & Millichap in July 2004.
 

February 29, 2012

Marcus & Millichap Real Estate Investment Services said it has named Jason S. Vitorino senior director of the firm’s National Retail Group in Dallas.

Dallas -- Marcus & Millichap Real Estate Investment Services said it has named Jason S. Vitorino senior director of the firm’s National Retail Group in Dallas.

Vitorino joined Marcus & Millichap’s sales intern program in September 2003. He became an agent in April 2004. During his career, Vitorino has closed more than 200 transactions valued at over $660 million, according to the company.
 

January 10, 2012

Marcus & Millichap Real Estate Investment Services said it has hired Joseph C. French Jr. to serve as a senior director of its National Retail Group.

New York City -- Marcus & Millichap Real Estate Investment Services said Monday it has hired Joseph C. French Jr. to serve as a senior director of its National Retail Group. French was previously with Sperry Van Ness, where he specialized in retail property sales.

Marcus & Millichap also hired French’s team of investment specialists Thomas C. Dalzell, Schuyler Boylan and Amie Segel.
 

October 17, 2011

Marcus & Millichap Real Estate Investment Services said it has promoted Jason S. Ladner to the position of VP investments. He will work from the firm’s Milwaukee office.

Milwaukee, Wis. -- Marcus & Millichap Real Estate Investment Services said it has promoted Jason S. Ladner to the position of VP investments. He will work from the firm’s Milwaukee office.

Ladner began his career with Marcus & Millichap in July 2005, specializing in the sale of retail properties.

Most recently, Ladner held the position of associate VP investments.
 

September 12, 2011

Marcus & Millichap Real Estate Investment Services said it has promoted James C. “Chris” Rea to senior VP investments.

Atlanta -- Marcus & Millichap Real Estate Investment Services said it has promoted James C. “Chris” Rea to senior VP investments.

Rea began his career with Marcus & Millichap in September 1995, specializing in the sale of retail properties. Most recently, he held the position of first VP investments.
 

August 30, 2011

Marcus & Millichap Real Estate Investment Services said it has promoted Brian S. Munn to the position of VP investments in the company’s Atlanta office.

Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has promoted Brian S. Munn to the position of VP investments in the company’s Atlanta office.  Most recently, Munn held the position of senior associate.

The company also announced that it has promoted Kyle B. Matthews to the position of VP investments in its Encino, Calif., office. Most recently, Matthews held the position of associate VP investments.