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M&M Rainmaker Joins Capital Pacific

SAN FRANCISCO-Chris Konstanecki, most recently senior director of Marcus & Millichap's National Retail Group, has left the firm along with brokers Zeb Ripple and Chris Peters to form a new partnership with Capital Pacific, a Portland, OR-based company specializing in the sale of investment real estate.

By Brian K. Miller | Updated on February 22, 2005

SAN FRANCISCO-Chris Konstanecki left his post as senior director of Marcus & Millichap’s National Retail Group earlier this year to form a partnership with Capital Pacific, a Portland, OR-based company specializing in the sale of investment properties across the US. That partnership is now in full effect, with Konstanecki and his partners at M&M, Zeb Ripple and Chris Peters, heading up Capital Pacific in California from their office at Four Embarcadero Center in San Francisco.Capital Pacific was formed in the late 1990s by Mike Horowitz, another former M&M rainmaker, and Scott Fuller, a one-time investment broker with CB Richard Ellis who went out on his own in the early 1990s. With Konstanecki and his team, Capital Pacific is gaining one of the top producing retail brokerage teams in the M&M organization. Their clientele includes CNL Realty, Kimco and Crow Holdings. Konstanecki tells GlobeSt.com his team will continue to focus on the sale of open air retail centers and single-tenant retail properties throughout the US. “This merger is about collaboration, raising the bar and integrating best practices,” he says. Fuller tells GlobeSt.com that this is Capital Pacific’s first expansion, and further expansion is currently under review. “We’re working with various third parties right now on creating a new business model based on technology and changes in business structures,” he says. “To the extent that we can create a new model–something that is different and adds value–we will (open additional offices),” he says. “If we don’t think the market is ready for it or there’s not enough of a difference between (our new model and the existing model), then it’s probably something we will not do.”

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