Marcus & Millichap Co-Founder George M. Marcus Recognized with Lifetime Achievement Award
May 03 2023 - 11:01AM
Business Wire
Marcus & Millichap (NYSE:MMI), a leading commercial real
estate brokerage firm specializing in investment sales, financing,
research and advisory services, announced today that George M.
Marcus, co-founder and chairman of both MMI and the private
company, Marcus & Millichap Co., will be recognized with a
Lifetime Achievement Award on May 3 at Hotel Indigo in Los Angeles,
California. The recognition will be presented by Connect Commercial
Real Estate.
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George M. Marcus (Photo: Business
Wire)
“George Marcus began transforming the commercial real estate
industry in 1971 by creating a company dedicated to maximizing real
estate value for sellers and expanding opportunities for buyers.
The cornerstones of the business model are still unique and drive
the company today. These include a culture of information sharing
and collaboration, technology-enabled matching of buyers and
sellers and exclusive representation,” said Daniel Ceniceros, CEO
of Connect Commercial Real Estate. “Today we are recognizing Mr.
Marcus’s influence on our industry and impact on the lives of so
many people. I am pleased that this will become part of his
legacy.”
Mr. Marcus is also chairman of Marcus & Millichap Co., the
parent company of a family of a diversified group of real estate
service, investment and development businesses, including,
SummerHill Housing Group, Pacific Urban Investors, and Meridian
Property Company. He is also the founder and chairman of Essex
Property Trust, a leading publicly traded multifamily owner and
developer. His professional affiliations included the Board of
Regents of The University of California, Apartment Industry
Foundation, Real Estate Roundtable and Policy Advisory Board of the
University of California at Berkeley - Center for Real Estate and
Urban Economics. In addition, inspired by the Greek cuisine of his
childhood, Mr. Marcus partnered to open two popular restaurants,
Evvia Estiatorio in Palo Alto and Kokkari in San Francisco.
In 2018, Mr. Marcus and his wife, Judy, established
International Center for the Arts at San Francisco State University
with a contribution of $25 million, the largest-ever donation to
the university, establishing the George and Judy Marcus Hall for
the Liberal and Creative Arts and the new home of the Broadcast and
Electronic Communication Arts program. The Marcus family makes many
annual charitable contributions through their private foundation,
The George and Judy Marcus Family Foundation II, which implemented
48 grants last year to recipients including Cristo Rey San Jose and
the American School of Classical Studies Athens.
Mr. Marcus, a San Francisco Bay Area resident, is a graduate of
San Francisco State University (SFSU) with a Bachelor of Science
degree in economics and was honored as SFSU Alumnus of the
Millennium in 1999. He received honorary doctorates from SFSU in
2011 and the American College of Greece in 2019. Mr. Marcus is also
a graduate of the Harvard Business School of Owners/Presidents
Management Program and the Georgetown University Leadership
Program.
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm
specializing in commercial real estate investment sales, financing,
research and advisory services with offices throughout the United
States and Canada. As of December 31, 2022, the company had 1,904
investment sales and financing professionals in 81 offices who
provide investment brokerage and financing services to sellers and
buyers of commercial real estate. The company also offers market
research, consulting and advisory services to clients. Marcus &
Millichap closed 12,272 transactions in 2022, with a sales volume
of approximately $86.3 billion. For additional information, please
visit www.MarcusMillichap.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230503005488/en/
Gina Relva, VP of Public Relations
Gina.Relva@marcusmillichap.com 510-999-1284
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