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.
| Public | |
| Traded as |
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| Industry | Commercial property |
| Founded | 1971 |
| Founder | George M. Marcus |
| Headquarters | Calabasas, California, U.S. |
Area served | North America |
Key people | Hessam Nadji, President & CEO |
| Services | Brokerage firm, financing, research, advisory |
Number of employees | 831 (2018) |
| Website | marcusmillichap |
| 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]
References
- "Marcus & Millichap, Inc. 2018 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- "Profile: Marcus & Millichap, Inc". Bloomberg L.P.
- Donato-Weinstein, Nathan (December 3, 2015). "Marcus & Millichap expanding Institutional Property Advisors into office/industrial". American City Business Journals.
- Metcalf, Tom; Brandt, Nadja (June 1, 2015). "Bay Area Broker Becomes Billionaire on Sub $10 Million Listings". Bloomberg News.
- Zuckerman, Laurence (August 4, 1994). "Questioning the Realty-Trust King". The New York Times.
- 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.
- "Marcus & Millichap Names Vice President in Florida". www.cpexecutive.com. Retrieved 2020-02-28.