Marcus & Millichap has announced its expansion into Montreal with the acquisition of the commercial real estate investment sales firm, McGill Commercial, on August 31.
“McGill is an exciting acquisition for us as we continue to expand our platform in Canada to best serve our clients in Quebec. This transaction immediately establishes our presence in Montreal with top producers who share our philosophy of superior client service and culture,” stated Hessam Nadji, president and CEO of Marcus & Millichap in a press release.
The McGill Commercial’s team specializes in investment sales and commercial real estate services in the greater Montreal region. Mickael Chaput and Michael Dermer, founders of McGill Commercial, along with investment professionals Naomi Faraj, Louis Hoppenheim and Phillipe Marcotte, will all join Marcus & Millichap in the company’s Montreal office.
“We are very excited to join the Marcus & Millichap team and be part of the growth of the brand in Quebec. The platform will allow us to better serve our clients throughout Canada and the United States,” stated co-founder Mickael Chaput.
Co-founder Michael Dermer added, “Marcus & Millichap’s platform is second to none; their resources, technology, culture of collaboration, and ability to access thousands of exclusive investment properties for sale across North America made it clear that this is the ideal opportunity for us to further grow our business.”
The latest acquisition will add to Marcus & Millichap’s existing Canadian operations in Toronto, Vancouver, and Calgary.