More Jobs, Higher Retail Sales, and Great Commercial Real Estate Opportunities in Vancouver, BC
Real Estate News for Vancouver
Marcus & Millichap Latest News
Showing posts for category Marcus & Millichap Canadian Expansion (Back to Index)
Showing posts for category Marcus & Millichap Canadian Expansion (Back to Index)
(Login)
More On the Primecorp Acquisition by Marcus and Millichap for Vancouver, BC
Tags:
(Posted on Nov 5, 2018 at 02:37AM by Danielle Smyth)
Great things are happening for Marcus & Millichap in Canada. This California, United States, brokerage firm recently acquired Primecorp Commercial Realty, which will be hugely beneficial to both companies. The CEO of Primecorp, Aik Aliferis, informed news outlets of the deal on October 3, 2018.According to the Ottawa Business Journal, Primecorp was founded in 1998. It is fairly widespread, thanks to offices in Ottawa, Toronto, Montreal, and Gatineau. The organization employs 12 brokers in the area, which makes it the city’s sixth-largest commercial brokerage. Even more impressively, they have closed more than $7 billion worth of deals with clients both large and small. From local businesses to giants of the industry like McDonald’s and Starbucks, Primecorp has done it all.
In the deal, most of the senior staff and advisors of Primecorp will be retained, though there will be some restructuring. For instance, the Toronto and Montreal office staff members will go to work in the United States at the corporate office of Marcus & Millichap.
Have you been hoping to get more information about opportunities for investment? Perhaps you’re considering a move into Canada or want to learn more about the recent merger. Get in touch with Marcus & Millichap's Vancouver office, and one of our experienced commercial real estate advisors will be happy to provide additional information.
Â
Marcus and Millichap’s Recent Merger to Enhance Commercial Real Estate Investment Opportunities Across Vancouver, BC
Tags:
(Posted on Oct 29, 2018 at 03:13PM by Danielle Smyth)
With its recent acquisition of Primecorp Commercial Realty, Marcus & Millichap is now in a key position to help investors in every major metropolitan region in Canada. Based in Ottawa, Primecorp has successfully completed more than $6 billion in transactions since it was launched in 1998, and the company has a stellar reputation for excellence.Marcus & Millichap is excited to share its “technology, brokerage tools, training and management systems" with Primecorp, according to the company’s President and Chief Executive Officer, Hessam Nadji. With these tools, the latter is expected to enjoy even more growth going forward. The former will benefit tremendously from the renown, local growth opportunities, and Toronto and Gatineau offices that Primecorp has established over its 20 years in business.
It’s an exciting time for Marcus & Millichap, which also recently acquired Montreal-based McGill Commercial, a regional commercial real estate investment sales firm. Through transactions of this nature, the company hopes to enhance its offerings and geographic capabilities while maintaining the same great reputation and ability to execute transactions across a variety of product lines.
If you’re interested in learning more about opportunities for investment throughout Canada or about the recent merger, get in touch with Marcus & Millichap's Vancouver office. One of our experienced commercial real estate advisors will be happy to provide additional information.
Marcus and Millichap Expands from Vancouver, B.C. into Quebec
Tags:
(Posted on Oct 29, 2018 at 01:26PM by Michelle Bogle)
Earlier last month, Marcus & Millichap announced the acquisition of Montreal-based McGill Commercial as part of its continued expansion into Canada. With more than 80 offices across the United States and Canada, the purchase of the regional commercial real estate investment sales firm will allow the company to complement its existing operations in Vancouver, Toronto and Calgary.
Â
“McGill is an exciting acquisition for us as we continue to expand our platform in Canada to best serve our clients in Quebec,†said Hessam Nadji, President and CEO of Marcus & Millichap. “This transaction immediately establishes our presence in Montreal with top producers who share our philosophy of superior client service and culture.â€Â
Â
McGill Commercial’s team specializes in investment sales and commercial real estate services throughout the Greater Montreal Region. Mickael Chaput and Michael Dermer, founders of McGill Commercial, along with investment professionals Naomi Faraj, Louis Hoppenheim and Phillipe Marcotte, will all join Marcus & Millichap’s Quebec office.Â
Â
Thierry Lessoil has also been appointed Regional Manager and brings 30 years of commercial real estate investment sales and management experience to the Montreal team.Â
Â
Error getting status updates from Twitter.
Powered by Webstager