Friday, September 12, 2008

Two New Faces at Marcus & Millichap

MARCO LALA JOINS MANHATTAN OFFICE OF MARCUS & MILLICHAP AS ASSOCIATE VICE PRESIDENT INVESTMENTS

The former partner at Massey Knakal Realty brings more than 10 years of experience to his new position

NEW YORK, N.Y.– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has hired Marco Lala (top right photo) as an associate vice president investments in the Manhattan office, according to Edward Jordan, (middle left photo) regional manager of the Manhattan office.

“Marco is one of the most active investment specialists in The Bronx, northern Manhattan and Westchester markets, generating nearly $1 billion in transactions and selling hundreds of properties during the last few years,” says Jordan. “We are honored to have Marco join the Marcus & Millichap team.”

As an associate vice president investments, Lala will handle a variety of property types, including multi-family, commercial, retail, industrial and vacant land investment sales.

“I’m very excited about joining the Manhattan office of Marcus & Millichap. My local investment sales experience, combined with the firm’s national platform, will enable my clients to access investors throughout the United States,” says Lala.

“The resources and tools offered by the Manhattan office will allow me to strengthen my core business in The Bronx, Manhattan and lower Westchester.”

Prior to joining Marcus & Millichap, Lala was a partner at Massey Knakal Realty, where he spearheaded the company’s expansion effort in the outer Boroughs.

Under his leadership, Lala and his partners grew the office from 20 staff members to nearly 200 brokers and support staff.

In 2007, Lala had the second-highest number of transactions of any investment sales agent at Massey Knakal. In 2006, he generated one of the largest commissions in that firm’s 20-year history with the sale of a 22-building Bronx and Brooklyn portfolio for more than $50 million.

Lala’s first job in commercial real estate was with Marcus & Millichap in 1997. He graduated from Manhattan College with a bachelor’s degree in business marketing.

DEAN SANDQUIST NAMED FIRST VICE PRESIDENT INVESTMENTS IN SAN FRANCISCO OFFICE

SAN FRANCISCO, CA— The board of directors of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Dean Sandquist (bottom right photo) to the position of first vice president investments.

The achievement of first vice president investment status is one of the highest levels of recognition the firm awards its sales agents. It represents excellence in client relationships, investment real estate expertise and sales volume, according to Jeffrey Mishkin, (bottom left photo) regional manager in the firm’s San Francisco office.

Sandquist joined Marcus & Millichap in 1981 and specializes in multi-family investment sales.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

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