Marcus & Millichap

Marcus & Millichap, Inc. provides real estate brokerage, joint venture brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm.

Marcus & Millichap, Inc.
Public
Traded as
IndustryCommercial property
Founded1971 (1971)
FounderGeorge M. Marcus
HeadquartersCalabasas, California, U.S.
Area served
North America
Key people
Hessam Nadji, President & CEO
ServicesBrokerage firm, financing, research, advisory
Number of employees
831 (2018)
Websitemarcusmillichap.com
Footnotes / references
[1]

History

The company was founded in Palo Alto in 1971 by George M. Marcus.[2][3]

William Millichap was one of the first salespeople Marcus hired, and was made a partner in 1976.[4]

In the early 1990s, it put together Essex Property Trust, also controlled by George M. Marcus.[5][4][6]

In 2013, it became a public company via an initial public offering.[3]

In February 2020, the company announced the promotion of James Shiebler to VP of investments in the company's Tampa, FL office.[7]

gollark: When I won the h, a moderator had to change my name to hollark.
gollark: You can't set your nickname here.
gollark: 🐦🍂
gollark: To be honest I'm against 5G myself, but not because of some made-up health risk, just because it's pointless and better 4G support/coverage would be better.
gollark: 6G will cause HIV, and 7G will cause spontaneous combustion, according to leaked documents from the CDC.

References
  1. "Marcus & Millichap, Inc. 2018 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. "Profile: Marcus & Millichap, Inc". Bloomberg L.P.
  3. Donato-Weinstein, Nathan (December 3, 2015). "Marcus & Millichap expanding Institutional Property Advisors into office/industrial". American City Business Journals.
  4. Metcalf, Tom; Brandt, Nadja (June 1, 2015). "Bay Area Broker Becomes Billionaire on Sub $10 Million Listings". Bloomberg News.
  5. Zuckerman, Laurence (August 4, 1994). "Questioning the Realty-Trust King". The New York Times.
  6. Berry, Jahna (June 4, 2015). "George Marcus's Marcus & Millichap closed most commercial real estate deals in U.S. in 2014". American City Business Journals.
  7. "Marcus & Millichap Names Vice President in Florida". www.cpexecutive.com. Retrieved 2020-02-28.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.