Marcus & Millichap’s Douglas Mandel Recognized As ‘Top US Office Sales Broker’ By Real Estate Forum

Dec 02, 2015 No Comments by

Marcus & Millichap’s Douglas K. Mandel, Senior Vice President Investments, has been selected among Real Estate Forum magazine’s Top US Office Sales Brokers.

Sales brokers selected had the highest scores among all nominees, derived from the average score of three fields—total square footage, total number and total dollar volume of commissionable investment sales transactions completed over a 12-month period ending at midyear 2015.

In 2015, Mandel and his team are scheduled to close a total of more than 30 transactions valued at more than $330 million, representing a record for the team.

As a Senior Director of Marcus & Millichap’s National Office and Industrial Properties Group (NOIPG) and National Retail Group (NRG), Douglas Mandel represents a wide array of investors, including high net-worth private investors, developers, institutions, publicly traded REIT’s, private equity funds, offshore investors and syndicates.

He has dominated the Southeast market as one of the top CRE producers in the South Florida market, locating investment opportunities, marketing properties, analyzing investment scenarios and fine tuning investment strategies. Since 2005, he has closed in excess of $1.5 billion in sales. Doug has consistently ranked among Marcus & Millichap’s top agents nationally and was the firm’s #1 office and industrial agent nationally in 2012 and 2013, and again in 2015.

 

“Identifying sensible investment opportunities in an explosive market has been key this year,” commented Mandel. “The office sector is providing a higher-yield alternative for investors as compared to retail and multi-family,” he added. “Also, due to the lack of any measurable office construction for nearly a decade has produced higher rental rate growth for office properties, a trend we anticipate continuing for several quarters, if not years.”

Real Estate Forum magazine’s Top US Office Sales Brokers feature article is featured in the November issue, which will also include the Office Update feature.

 

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