Marcus & Millichap employs a nationwide director of business actual property public sale providers | Tech Guess

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CALABASAS, CA–(BUSINESS CABLE)–Marcus & Millichap (NYSE:MMI), a number one industrial actual property agency specializing in funding gross sales, financing, analysis and advisory providers, introduced immediately that Jim Palmer has been employed as senior vp and nation supervisor accountable for supervising the actions of Industrial Property Public sale Companies, the division of its brokerage actions. Established in 2022, the division gives purchasers an accelerated method to purchase and promote industrial actual property along with the corporate’s conventional actual property advertising channels.

“As a part of our ongoing mission to supply our purchasers with the absolute best vary of funding alternatives within the business, we launched our Industrial Property Public sale Companies final spring. Buyer response has been overwhelming,” stated JD Parker, govt vp and chief working officer, Marcus & Millichap Japanese Division. “The addition of Jim additional expands our public sale capabilities and aligns with our firm historical past of maximizing buyer worth via each side of the service.”

Palmer brings greater than 25 years of actual property and expertise expertise to Marcus & Millichap. Most just lately, he spent eight years on the administration group of Ten-X Co., the place he managed the brokerage channel in addition to most of the firm’s largest institutional purchasers.

“Becoming a member of Marcus & Millichap to guide a extremely proficient and skilled group of specialists in industrial actual property listings and dealing carefully with best-in-class funding brokers is an thrilling alternative. I look ahead to rising the public sale platform to serve extra buyers throughout North America,” stated Palmer.

About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a number one brokerage agency specializing in industrial actual property funding gross sales, financing, analysis and advisory providers with workplaces in the US and Canada. As of December 31, 2021, the corporate employed 1,994 gross sales and funding finance specialists in 82 workplaces, who present funding brokerage and financing providers to sellers and consumers of business actual property. The corporate additionally gives market analysis, consulting and advisory providers to purchasers. Marcus & Millichap closed 13,255 offers in 2021, with a gross sales quantity of roughly $84.4 billion. For extra data, please go to the web site www.MarcusMillichap.com.

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