Wednesday, January 18, 2012

Marcus & Millichap Exapnds in Northeast with Opening of White Plains, NY Office; J.D. Parker Named Regional Manager.


 WHITE PLAINS, NY – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has opened a new office in White Plains, N.Y., according to John J. Kerin (middle left photo), president and chief executive officer.

 J.D. Parker (top right photo), a vice president of the firm, will oversee the office as its regional manager. Parker also oversees the Manhattan and New Haven, Conn., offices as regional manager.

The White Plains office is located at 50 Main St., White Plains, N.Y. 10606. The phone number is (914) 397-1700 and the fax number is (914) 290-4129.

 “As we continue to grow our market share in the Tri-State region, adding a new White Plains office to serve the needs of investors in the New York Metro Area, Upstate New York and throughout New England makes strategic sense,” says Parker. “The opening of this new office further strengthens our position as the leading real estate investment services firm not only in the Northeast, but in the United States.”

“Investment properties in the Northeast boast some of the best fundamentals in the entire country,” says Gene A. Berman (lower right photo), executive vice president of Marcus & Millichap, and group managing director of the company’s northeastern offices.

“As the economy continues to improve, both domestic and foreign investors are rebuilding their real estate portfolios, shedding non-performing assets, executing more 1031 exchanges and requiring more complex financing for their transactions.

“In short, investors are requiring more sophisticated brokerage, advisory and financing services uniquely offered by Marcus & Millichap,” adds Berman. “This is an opportune time to push forward with our expansion plans and capitalize on the investment opportunities in the Northeast.”

In addition to the White Plains office, Marcus & Millichap’s northeastern offices include Baltimore, Boston, Brooklyn, Manhattan, New Haven, New Jersey, Philadelphia, Pittsburgh, Providence and Washington, D.C

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

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