Saturday, January 24, 2009

Marcus & Millichap Names Wendelken National Director of National Self-Storage Group

SEATTLE, WA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Gregory Wendelken (top right photo) national director of the firm’s National Self-Storage Group (NSSG), according to Harvey E. Green, (bottom left photo) president and chief executive officer.

Wendelken is also vice president and regional manager of the firm’s Seattle office.
“Greg’s extensive knowledge of the national self-storage market will make him a valuable asset to our clients and self-storage investment specialists,” comments Green. “Under his leadership, the NSSG will continue to provide unparalleled service to its clients in the market. With specialists throughout the country, NSSG is the self-storage leader in transactions, having closed more than $2 billion in sales over the past five years.”

“Every NSSG investment professional is an expert in their geographic and product specialty,” says Wendelken. “No other firm matches our ability to move capital geographically and across property types, and to connect private capital with the institutional market.

"As the new head of the NSSG, I plan to expand our already strong market share at a time when pricing continues to drop by bringing excellent investment opportunities to savvy buyers, who will enjoy stabilized returns on the storage properties if they choose to hold over the long term.”

Wendelken joined Marcus & Millichap in 1984. He was a senior associate in the Newport Beach office from 1984 to 1988. In March 1998, Wendelken became the sales manager in the Ontario office. After four months, he was appointed regional manager for the Seattle office.

Prior to joining the firm, he served as vice president for a prominent Southern California developer for two years.

Wendelken graduated from University of Southern California with a bachelor’s degree in business administration with an emphasis in real estate and finance.

Press Contact: Stacey CorsoCommunications Department(925) 953-1716

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