Marcus & Millichap first specialized, national commercial real estate firm expanding to Mississippi
For more information:
Contact: Stacey Corso
Communications Department
(925) 953-1716
Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has opened a new office in Jackson, Miss. Matthew M. Fitzgerald has been appointed to supervise the Jackson office as its regional manager. The new office is located at 617 Renaissance Way, Suite 200, Ridgeland, MS 39157. The phone number is (601) 856-4706. The fax number is (601) 856-4763.
“The opening of our new Jackson office marks the first time a national commercial real estate brokerage firm has entered the state of Mississippi,” explains Fitzgerald. “Marcus & Millichap will serve a segment of the Southeast investment community that has been overlooked in the past. We opened this office to meet the growing demands of local and out-of-state real estate investors. We plan to target investment real estate in Mississippi’s dynamic growth areas, including DeSoto County, Downtown Jackson, Madison/Ridgeland and, particularly, along the Gulf Coast.”
Brent Yurtkuran and Brad Barham, multi-family investment specialists, will lead the new office as senior associates. Yurtkuran and Barham join Marcus & Millichap from Jackson-based Real Estate Solutions, a real estate services firm founded by Yurtkuran in 2001. Harry Noble, formerly of Noble Development Properties Inc., has also joined the firm as a retail and single-tenant net lease investment specialist.
Yurtkuran and Barham have been involved in the commercial real estate industry for nearly six years. As such, they have experience selling multi-family properties throughout Mississippi on behalf of local and out-of-state investors.
“Mississippi is long over due for a national specialized commercial real estate brokerage firm,” says Yurtkuran. “Marcus & Millichap will fill a major void in Northern Mississippi and along the Gulf Coast. Investors will now have the opportunity to tap into Marcus & Millichap’s extensive pool of nationwide investment capital,” he adds.
“Our markets are stable and well positioned for future growth,” notes Barham. “The arrival of Marcus & Millichap is direct evidence of the strong opportunity in this relatively untapped market.”
Yurtkuran and Barham are Certified Commercial Investment Member (CCIM) candidates.
With the opening of the Jackson office, Marcus & Millichap expands its already strong presence in the southeast region of the United States, including offices in Atlanta; Birmingham, Ala; Greenville, S.C.; Louisville, Ky.; Lafayette, La.; Memphis, Tenn.; and Williamsburg, Va. The firm also has offices in Charlotte and five offices in Florida.
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With more than 1,300 investment professionals in offices nationwide, Encino, Calif.-based Marcus & Millichap Real Estate Investment Services is the largest commercial real estate brokerage in the nation focusing exclusively on real estate investments. In 2007, the firm closed $20.7 billion in transactions. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization; local market expertise; the industry’s most comprehensive research and analysis capabilities; state-of-the-art technology; and established relationships with the largest pool of qualified investors nationally.