{"id":1004138242,"date":"2016-03-02T03:47:54","date_gmt":"2016-03-02T11:47:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004138242"},"modified":"2022-03-03T02:46:51","modified_gmt":"2022-03-03T10:46:51","slug":"marcus-millichap-announces-john-kerins-retirement-appoints-new-ceo","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-announces-john-kerins-retirement-appoints-new-ceo\/","title":{"rendered":"Marcus &amp; Millichap Announces John Kerin&#8217;s Retirement, Appoints New CEO"},"content":{"rendered":"<p><em>By Ioana Neamt<\/em><\/p>\n<div id=\"attachment_1004138243\" style=\"width: 210px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/download.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004138243\" data-attachment-id=\"1004138243\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-announces-john-kerins-retirement-appoints-new-ceo\/download-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/download.jpg\" data-orig-size=\"300,450\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"download\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/download.jpg?w=300\" class=\"wp-image-1004138243 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/download.jpg\" alt=\"John Kerin of Marcus &amp; Millichap\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/download.jpg 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/download.jpg?resize=200,300 200w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><p id=\"caption-attachment-1004138243\" class=\"wp-caption-text\">John Kerin of Marcus &amp; Millichap<\/p><\/div>\n<p><strong>Calabasas, Calif.<\/strong>\u2014<a href=\"https:\/\/www.marcusmillichap.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Marcus &amp; Millichap<\/a> is starting fresh this spring with a new president &amp; chief executive officer. The national brokerage firm announced that John Kerin will retire as CEO and member of the company\u2019s Board of Directors on March 31<sup>st<\/sup>, to be succeeded by Senior Executive Vice President Hessam Nadji.<\/p>\n<p>John Kerin joined Marcus &amp; Millichap as a sales agent in the Encino office back in 1981, and was promoted several times throughout the years, culminating with his appointment as president &amp; CEO in 2010. Upon his retirement, Kerin will serve as senior advisor and provide consulting services for the company.<\/p>\n<p>\u201cIt has been an honor and a privilege to lead Marcus &amp; Millichap,\u201d said Kerin in a prepared statement. \u201cDuring my tenure we have accomplished a great deal and I am extremely proud of the progress we have made as a Company.\u201d<\/p>\n<p>Kerin\u2019s successor, Hessam Nadji, joined Marcus &amp; Millichap in 1996 as Vice President of Research, after serving ten years as National Director of Research and Information Services with Grubb &amp; Ellis. He was appointed Chief Strategy Officer in 2013 and Senior Executive Vice President of the company in May 2015.<\/p>\n<p>A graduate of Seattle\u2019s City University, Hessam is also a member of the National Multifamily Housing Council executive committee, the Urban Land Institute, the International Council of Shopping Centers and NAIOP.<\/p>\n<div id=\"attachment_1004138244\" style=\"width: 235px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004138244\" data-attachment-id=\"1004138244\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-announces-john-kerins-retirement-appoints-new-ceo\/nadji_hessam_2011_c\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg\" data-orig-size=\"1620,2160\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;6.3&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS-1D Mark II N&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1294103757&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;95&quot;,&quot;iso&quot;:&quot;320&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"nadji_hessam_2011_c\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?w=768\" class=\"wp-image-1004138244 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg\" alt=\"Hessam Nadji of Marcus &amp; Millichap\" width=\"225\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg 1620w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=225,300 225w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=768,1024 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=1152,1536 1152w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=1536,2048 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=150,200 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=300,400 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=696,928 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=1068,1424 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/nadji_hessam_2011_c.jpg?resize=315,420 315w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><p id=\"caption-attachment-1004138244\" class=\"wp-caption-text\">Hessam Nadji of Marcus &amp; Millichap<\/p><\/div>\n<p>Nadji currently oversees the firm\u2019s national specialty brokerage divisions, the mortgage brokerage division, and the research and advisory services divisions. According to Marcus &amp; Millichap, these divisions closed $15 billion in sales in the nine-month period ending in September 2015.<\/p>\n<p>\u201cHessam has been a key member of our team for over 20 years and his leadership as well as his management strengths make him a highly capable executive who has been ably groomed for his new responsibilities,\u201d George Marcus, founder &amp; co-chairman of the company, said in a statement. \u201cHe has been instrumental in developing our strategies and growth plans, particularly in expanding our specialty brokerage divisions and enhancing the MMI brand.\u201d<\/p>\n<p><em>Images courtesy of Marcus &amp; Millichap<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President &amp; CEO John Kerin will retire on March 31, to be succeeded by a certain other senior executive.<\/p>\n","protected":false},"author":192,"featured_media":1004138244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,23891,21742,21744],"tags":[],"class_list":["post-1004138242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-national","category-latest","category-people"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Marcus &amp; 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