OAKLAND, Calif., Sept. 26, 2019 – Marcus & Millichap (NYSE: MMI)
, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced that Stephen Jackson and Joe Owens, two senior commercial real estate investment professionals specializing in the disposition of multifamily properties in Northern California have joined Marcus & Millichap in Oakland, California. Previously with Jones Lang LaSalle (JLL), Jackson and Owens are first vice presidents with Marcus & Millichap.
“Steve and I have been colleagues in the industry for many years and I am very happy to bring the success he and Joe have achieved on behalf of Bay Area multifamily investors to Oakland,” said David Nelson, regional manager of Marcus & Millichap’s Oakland office. “The broad experience, proven track record, and deep knowledge of the East Bay multifamily market that Steve and Joe provide will be of great value to our clients and their presence in the Oakland office gives our multifamily team a huge boost.”
Jackson began his career in 2005 in Marcus & Millichap’s San Francisco office before moving on to Colliers as vice president and then JLL, where he served as a senior vice president. He’s an established multifamily broker who has worked with REITs, pension funds and high-net-worth private investors. Over nearly 15 years, Jackson has established expertise in multiple multifamily segments, including core assets, value-add, Section 8 and Section 42. During his career, he has sold more than $1 billion of commercial real estate assets.
“Marcus & Millichap provides me with the resources and support I need to fulfill my clients’ investment goals and take our business to the next level,” commented Jackson. “I’m happy to return to the brokerage firm where I started my career nearly 15 years ago.”
Owens was introduced to commercial real estate brokerage as an intern at Marcus & Millichap in 2005. After earning a bachelor’s degree from the University of California, Berkeley, Owens joined Colliers, where he partnered with Jackson. They both moved to JLL in 2016, where Owens served as a vice president before rejoining Marcus & Millichap this year. He specializes in working with institutional and private clients on multifamily acquisitions and dispositions throughout the San Francisco Bay Area.
“Our business has grown substantially over the past several years and we look forward to continuing that growth on Marcus & Millichap’s industry-leading platform,” said Owens.
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About Marcus & Millichap (NYSE: MMI)
With more than 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of $49.7 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.