April 27, 2016
Calabasas, CA-based Marcus & Millichap promoted industry veteran Alan L. Pontius to national director of the firm’s specialty divisions. Pontius, who joined the investment brokerage company in 1985, most recently was national director of its office and industrial properties group.
Pontius will be responsible for overseeing, supporting and growing the company’s specialty brokerage divisions, in partnership with specialty executives and managers company-wide. The divisions had previously been overseen by Hessam Nadji, who was recently appointed president and CEO. A search is underway to fill Pontius’ former role.
The specialty divisions closed more than $21 billion in transaction volume in 2015. Overall, Marcus & Millichap closed more than 8,700 transactions valued at $37.8 billion in 2015.