Firm expands its Canadian reach
Commercial real estate investment services firm Marcus & Millichap, has announced its expansion to Montreal with its acquisition of McGill Commercial on August 31st.
The deal will augment the firm’s operations in Toronto, Vancouver, and Calgary, the announcement added.
“Acquiring McGill is illustrative of our ongoing efforts to actively deploy our capital and deepen our presence across key growth markets such as Canada. McGill is a well-established industry player with an ability to execute across all major product types. We are pleased to have them join the MMI team,” Marcus & Millichap president and CEO Hessam Nadji stated.
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“We are very excited to join the Marcus & Millichap team and be part of the growth of the brand in Quebec. The platform will allow us to better serve our clients throughout Canada and the United States,” McGill co-founder Mickael Chaput said.
“Marcus & Millichap’s platform is second to none; their resources, technology, culture of collaboration, and ability to access thousands of exclusive investment properties for sale across North America made it clear that this is the ideal opportunity for us to further grow our business,” co-founder Michael Dermer added.
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