DALLAS-In a sweeping round of local promotions, Marcus & Millichap Real Estate Investment Services has tapped five-year regional manager, Tim Speck, for an elite team of first vice presidents. In addition, a senior broker, Scott Lamontagne, is joining the management ranks.

Speck, marking his 15th year with the firm, will remain in charge in Dallas, but also will be involved in national projects, internally and externally, as one of just five executives to achieve the upper-management ranking in the 1,400-agent corporation. Under Speck’s leadership, the Dallas team, now roughly 90 members, has increased revenue six-fold in the past five years. The fast-paced growth has led to the opening of a Fort Worth office and possibly some more, particularly with Lamontagne moving into training as an office leader.

“Tim has been instrumental in developing both the national research group and major account services department,” Harvey E. Green, president and CEO of the Encino, CA-based firm, says in a press release. Speck’s corporate roles have included sales associate, divisional research manager and senior roles in Phoenix before coming to Dallas in 2002 as regional manager.

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