MARCUS & MILLICHAP
Marcus & Millichap’s Net Leased Properties Group (NLPG) and its National Retail
Group (NRG) are major influences in the retail commercial property sector. In
2018 alone, the NLPG, for example, closed 2,598 transactions valued at $6.7 billion.
The NRG is comprised of more than 430 retail investment specialists and provides investment, advisory and transaction services for all types of retail real estate,
including single-tenant net leased properties, ground-leased properties, sale-leaseback structured finance and open-air shopping centers of all sizes.
The NLPG, for its part, specializes in providing advisory and transaction services
for all types of single-tenant properties. As the industry’s leading group specializing
in single-tenant properties, its investment professionals possess an unrivaled level
of expertise and market knowledge.
Leading both divisions is Scott M. Holmes, who joined Marcus & Millichap as
senior vice president and national director of retail in 2018. With more than 25
years of experience on the client side of the commercial real estate investment business, Holmes has closed more than $6 billion in retail, multifamily, office and
industrial transactions during his career.
Philip Levy is a senior managing director investments and senior director of the
NRG. Levy has closed more than 500 transactions totaling more than $1.5 billion
over the past 15 years. His primary focus is to provide his clients the most accurate
and up-to-date information in the market through a collaborative strategy designed
to deliver results and an unparalleled commitment to execute.
Marcus & Millichap’s NLPG executives have received several accomplishments
during the last three years:
Glen Kunofsky has completed more than $1.825 billion in single-tenant net lease
sales, with 432 transactions across 30 states in 2018. Over the past three years,
Kunofsky has advised on and completed the two largest retail sale-leasebacks to
occur in the space, along with some of the largest industrial sale-leasebacks in that
time frame. He completed over $1 billion in franchisee and regional operator sale-
leasebacks across 23 different states. Kunofsky also represented over $1.2 billion in
exclusive exchange buyer proceeds.
Over the course of a relatively young 15-year career, Alvin Mansour and his
brother, Kevin, have sold more than $5 billion in commercial real estate investment
properties with a specific focus on net-leased properties. In 2018 alone, the
Mansour Group of Marcus & Millichap completed 189 transactions valued at $485
As experts in their field, the Mark Ruble and Jamie Medress team provide their
clients with unparalleled expertise, access and service in investment real estate
brokerage. During their careers at Marcus & Millichap, Jamie and Mark have closed
more than 1,190 transactions totaling more than $3.5 billion in transaction volume
across 46 states. In 2018 alone, they closed 170 transactions totaling more than $528 million in transaction volume.
The firm’s Institutional Property Advisors (IPA) retail division offers strategic services including acquisition sourcing, real estate
portfolio and property analyses in addition to market research, capital market transactions services and property sales. IPA’s retail
advisory services professionals have decades of experience in every retail format across the United States, from open-air neighborhood
strip centers to larger, big-box community centers to enclosed regional malls.
IPA’s top retail division team
is comprised of Erin Patton,
Scott Wiles and Craig Fuller,
executive directors, investments. Patton is based in the
firm’s Columbus office and
Wiles and Fuller are based in
the Cleveland office. Patton,
Wiles and Fuller have closed
more than 485 transactions
totaling 24 million square feet
and more than $1.9 billion in
retail property sales.
Philip Levy Glen Kunofsky
Alvin Mansour Kevin Mansour
Erin Patton Craig Fuller Scott Wiles Scott M. Holmes
Mark Ruble Jamie Medress