Douglas Mandel To Lead Florida Team For Marcus & Millichap’s New IPA Office, Industrial Properties Division

Dec 07, 2015 No Comments by

Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc. specializing in serving institutional and major private real estate investors, is pleased to announce that Douglas K. Mandel has been named Florida team leader for Marcus & Millichap’s new national IPA office and industrial properties division.

The division specializes in providing office and industrial property advisory, brokerage and capital markets services to institutional and major private investors through highly experienced brokerage teams across the country.

 

“I am excited at the opportunity to extend IPA’s national collaborative platform of comprehensive and integrated investment advisory, brokerage and capital markets services to my clients,” said Mandel. “The unparalleled access to private capital that IPA provides is of great benefit to office and industrial investors in Florida and throughout the nation.”

Mandel has been with Marcus & Millichap since 2004 and is a senior director of Marcus & Millichap’s National Office and Industrial Properties Group (NOIPG). He is located in the firm’s Fort Lauderdale office.

Alan L. Pontius, national director of Marcus & Millichap’s National Office and Industrial Properties Group, will serve as national director of the new IPA office and industrial properties division.

 

“The time is right to extend IPA’s network of advisory services to major office and industrial property investors,” said Pontius. “Recent gains to payrolls nationwide and continuing limitations on new supply have begun to translate into a faster pace of recovery for the U.S. office sector. The rapid expansion of online retail transactions have structurally changed the dynamics of industrial demand. Additionally, demographic trends combined with the impact of the Affordable Care Act have generated consistent demand for single- and multi-tenant medical office buildings.”

 

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