Real Estate Forum, Retail Influencers, May 2019

May 01, 2019

Marcus & Millichap

Marcus & Millichap’s Net Leased Properties Group (NLPG) and its National Retail Group (NRG) are major influences in the retail commercial property sector. In 2018 alone, the NLPG, for example, closed 2,598 transactions valued at $6.7 billion.

The NRG is comprised of more than 430 retail investment specialists and provides investment, advisory and transaction services for all types of retail real estate, including single-tenant net leased properties, ground-leased properties, sale-leaseback structured finance and open-air shopping centers of all sizes.

The NLPG, for its part, specializes in providing advisory and transaction services for all types of single-tenant properties. As the industry’s leading group specializing in single-tenant properties, its investment professionals possess an unrivaled level of expertise and market knowledge.

Leading both divisions is Scott M. Holmes, who joined Marcus & Millichap as senior vice president and national director of retail in 2018. With more than 25 years of experience on the client side of the commercial real estate investment business, Holmes has closed more than $6 billion in retail, multifamily, office and industrial transactions during his career.

Philip Levy is a senior managing director investments and senior director of the NRG. Levy has closed more than 500 transactions totaling more than $1.5 billion over the past 15 years. His primary focus is to provide his clients the most accurate and up-to-date information in the market through a collaborative strategy designed to deliver results and an unparalleled commitment to execute.

Marcus & Millichap’s NLPG executives have received several accomplishments during the last three years: Glen Kunofsky has completed more than $1.825 billion in single-tenant net lease
sales, with 432 transactions across 30 states in 2018. Over the past three years, Kunofsky has advised on and completed the two largest retail sale-leasebacks to occur in the space, along with some of the largest industrial sale-leasebacks in that time frame. He completed over $1 billion in franchisee and regional operator saleleasebacks across 23 different states. Kunofsky also represented over $1.2 billion in exclusive exchange buyer proceeds.

Over the course of a relatively young 15-year career, Alvin Mansour and his brother, Kevin, have sold more than $5 billion in commercial real estate investment properties with a specific focus on net-leased properties. In 2018 alone, the Mansour Group of Marcus & Millichap completed 189 transactions valued at $485 million.

As experts in their field, the Mark Ruble and Jamie Medress team provide their clients with unparalleled expertise, access and service in investment real estate brokerage. During their careers at Marcus & Millichap, Jamie and Mark have closed more than 1,190 transactions totaling more than $3.5 billion in transaction volume across 46 states. In 2018 alone, they closed 170 transactions totaling more than $528 million in transaction volume.

The firm’s Institutional Property Advisors (IPA) retail division offers strategic services including acquisition sourcing, real estate portfolio and property analyses in addition to market research, capital market transactions services and property sales. IPA’s retail advisory services professionals have decades of experience in every retail format across the United States, from open-air neighborhood strip centers to larger, big-box community centers to enclosed regional malls.

IPA’s top retail division team is comprised of Erin Patton, Scott Wiles and Craig Fuller, executive directors, investments. Patton is based in the firm’s Columbus office and Wiles and Fuller are based in the Cleveland office. Patton, Wiles and Fuller have closed more than 485 transactions totaling 24 million square feet and more than $1.9 billion in retail property sales.


The link below will redirect you to page 41 of the Real Estate Forum where Erin Patton, Scott Wiles and Craig Fuller are mentioned.

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