Marcus & Millichap Launches IPA-Retail Division

by Scott Reid

Calabasas, Calif. — In 2013, the IPA division closed more than $3.3 billion in multifamily sales valued at $25 million and above.

Marcus & Millichap has expanded its Institutional Property Advisors (IPA) division into the retail sector, according to John J. Kerin, president and CEO of Marcus & Millichap. IPA provides real estate investment advisory, brokerage and capital markets services to institutional and major private investors through brokerage teams across the country. IPA-Retail currently features a team of 15 advisors located throughout the nation including Joseph French, Craig Fuller, Jon Hendrickson, Drew Kristol, Alvin Mansour, Kirk Olson, Erin Patton, Lori Schneider, Sean Sharko, Steve Siegel, Mark Taylor, Jason Vitorino, Austin Weisenbeck, Scott Wiles and Dean Zang.

Bill Rose, vice president and national director of Marcus & Millichap’s retail division, will oversee IPA-Retail. “IPA brings together our unique combination of helping clients source acquisition opportunities and form market and portfolio strategies by utilizing our industry-leading research and maximizing value through the sale of major retail assets,” says Rose.  

You may also like