Marcus & Millichap Taps New Retail SVP

Scott Holmes will be responsible for directing the firm's retail business strategy nationwide. With more than 25 years of experience, he closed some $6 billion in commercial real estate transactions.

Scott Holmes, Marcus & Millichap
Scott Holmes, Marcus & Millichap

Marcus & Millichap has hired Scott Holmes as senior vice president & national director of its retail division. In this position he will be responsible for directing the firm’s retail business strategy nationwide, which provides investment, advisory and transaction services for every type of retail real estate. 

Over the course of 25 years in the commercial real estate investment business, Holmes closed more than $6 billion in commercial real estate transactions. He previously served as senior vice president at Cole Real Estate Investments Inc., where he led the company’s shopping center acquisitions team, while overseeing national investment activities and sourcing acquisitions nationally. Prior to that, Holmes held leadership roles at AEW Capital Management LP and American Realty Advisors. 

“We are very pleased to welcome to our team a professional as seasoned and well-regarded in the industry as Scott,” said Alan Pontius, national director of the firm’s specialty divisions, in a prepared statement. “Given his experience and deep institutional background, we are excited for him to take the reins in leading what will become the next iteration of both Marcus & Millichap and Institutional Property Advisors’ (IPA) retail divisions.”

Another recent Marcus & Millichap change came in the form of Vice President Skyler Cooper, of the company’s Houston office, transferring to Denver. He specializes in investment sales, primarily focusing on the acquisition and dispositions of hotel assets.

Image courtesy of Marcus & Millichap