Marcus & Millichap (NYSE: MMI), a leading commercial real estate
investment services firm, today announced the opening of three offices
in Canada. The firm now has offices in Toronto, Calgary and Vancouver,
according to John J. Kerin, president and chief executive officer. Gary
Lucas, a senior vice president of the firm, will oversee its Canadian
operations.
Daniel Holmes will run the day-to-day operations of Marcus & Millichap
Real Estate Investment Services Canada Inc., Brokerage in Toronto as
regional manager. Chris Anderson will act as Marcus & Millichap’s
regional manager in Vancouver. Lucas will manage the Calgary office.
“Opening offices in Toronto, Calgary, and Vancouver is a natural
extension of the unique investment brokerage platform we have perfected
over the past 43 years throughout the U.S. Our system of matching
commercial properties with the largest pool of qualified buyers will
benefit our clients in Canada and the U.S. by expanding their
acquisition choices as buyers, and accessing more qualified investors as
sellers,” says Kerin. “We look forward to adding value by bringing our
industry-leading research, innovative technology and extensive
management support to our agents and clients in Canada.”
“Commercial real estate investors in Canada now have convenient
accessibility to a platform with a proven track record of success; not
only for investing in Canada’s markets but for investing in competitive
markets across the United States as well,” says Lucas.
“In 2013, Canadians invested roughly $11.2 billion in commercial real
estate in the United States where Marcus & Millichap has been
established, and successfully expanding, since 1971,” states Holmes.
In 2013, Marcus & Millichap set a new record in sales volume and
transactions. This achievement, along with the milestone of a successful
public offering in October 2013, is a testament to Marcus & Millichap’s
leading market position and 43-year tradition of results.
The Toronto office is located at 20 Queen Street West, Suite 2300. The
phone number is 416-585-4646. The Calgary office is located at 5920
Macleod Trail SW, Suite 201. The phone number is 587-349-1302. The
Vancouver office is located at 601 West Broadway, Suite 400. The phone
number is 604-675-5200. For more information, please visit www.marcusmillichap.com.
About Marcus & Millichap (NYSE: MMI)
With over 1,300 investment professionals located throughout the
United States and Canada, Marcus & Millichap is a leading specialist in
commercial real estate investment sales, financing, research and
advisory services. Founded in 1971, the firm closed over 6,600
transactions in 2013 with a value of approximately $24 billion. The
company has perfected a powerful system for marketing properties that
combines investment specialization, local market expertise, the
industry’s most comprehensive research, state-of-the-art technology, and
relationships with the largest pool of qualified investors. To learn
more, please visit: www.MarcusMillichap.com
Copyright Business Wire 2014