LOS ANGELES—In a move to remain competitive in the ever-evolving digital world, Marcus & Millichap has launched a new company website, marcusmillichap.com. According to Marcus & Millichap president and CEO John J. Kerin, the new website shows the company’s commitment to efficiency at matching buyers and sellers in the marketplace.
The new website includes an enhanced property search of national and local markets and faster connection to the firm’s investment professionals in markets throughout the US and Canada. In total, the online database houses more than $8 billion worth of investment properties. “We have built a dynamic and robust content management system and search tools to help investors access our research, professionals and investment opportunities as efficiently as possible,” says Richard Peltz, Marcus and Millichap SVP and chief information officer.
The company has been utilizing technology in the commercial real estate sector since 1971 and is known for its information-sharing policies. “Marcus & Millichap was one of the first companies to embrace the power of the Internet and our new website is another important addition to the suite of proprietary tools we provide to our brokers and clients,” adds Hessam Nadji, SVP and chief strategy officer.
In addition to its strides in technology, the firm has also recently gone public. In November of last year, Marcus & Millichap successfully launched an IPO, selling stock at $12 per share under the ticker symbol MMI.
Marcus and Millichap declined to provide further comment or information about the new website.