Press Releases
Marcus & Millichap President & CEO Appointed to ICSC Board of Trustees
December 16, 2022
CALABASAS, Calif., Dec. 15, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its president and CEO Hessam Nadji has been elected to join ICSC Board of Trustees. Nadji’s selection marks the first time that a brokerage CEO has been appointed to this position.
“We are pleased to have Hessam joining our Board of Trustees,” stated president and CEO of ICSC, Tom McGee. “Elected by their peers, our board members provide critical input in helping us achieve our goal of serving our members with excellence while advocating and communicating the social, civic and economic role played by the Marketplaces Industry in our communities.”
Nadji joined Marcus & Millichap in 1996 as vice president of research and advisory services and positioned the firm as a leading provider of market trends, analysis and expertise. He played a leading role in the preparation and execution of the firm’s IPO in 2013 as Marcus & Millichap’s chief strategy officer and was appointed as president and CEO in April 2016.
“I am honored to join this select group of innovators from throughout the commercial real estate industry,” said Nadji. “In collaboration with the other ICSC board of trustee members, I plan to further strengthen the enduring support of retail industry professionals and assist with governance for matters that affect ICSC’s activities and affiliations.” To learn more about Marcus & Millichap’s Retail Division, visit here.
As the member organization for the advancement of the Marketplaces Industry, ICSC promotes and elevates the marketplaces and spaces where people shop, dine, work, play and gather as foundational and vital ingredients of communities and economies. ICSC produces experiences that create connections and catalyze deals and aggressively advocates to shape public policy. For more information about ICSC visit www.icsc.com.
“We are pleased to have Hessam joining our Board of Trustees,” stated president and CEO of ICSC, Tom McGee. “Elected by their peers, our board members provide critical input in helping us achieve our goal of serving our members with excellence while advocating and communicating the social, civic and economic role played by the Marketplaces Industry in our communities.”
Nadji joined Marcus & Millichap in 1996 as vice president of research and advisory services and positioned the firm as a leading provider of market trends, analysis and expertise. He played a leading role in the preparation and execution of the firm’s IPO in 2013 as Marcus & Millichap’s chief strategy officer and was appointed as president and CEO in April 2016.
“I am honored to join this select group of innovators from throughout the commercial real estate industry,” said Nadji. “In collaboration with the other ICSC board of trustee members, I plan to further strengthen the enduring support of retail industry professionals and assist with governance for matters that affect ICSC’s activities and affiliations.” To learn more about Marcus & Millichap’s Retail Division, visit here.
As the member organization for the advancement of the Marketplaces Industry, ICSC promotes and elevates the marketplaces and spaces where people shop, dine, work, play and gather as foundational and vital ingredients of communities and economies. ICSC produces experiences that create connections and catalyze deals and aggressively advocates to shape public policy. For more information about ICSC visit www.icsc.com.
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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, 2023, the company had 1,783 investment sales and financing professionals in over 80 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 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
