FT. LAUDERDALE, FL-Marcus & Millichap Real Estate Investment Services has promoted Marc E. Strauss to first vice president of Investments. The promotion is one of the highest levels of recognition the firm awards to investment specialists.

A 27-year commercial real estate industry veteran, Strauss specializes in the sale of retail and office properties. He is a senior director of Marcus & Millichap’s National Retail Group. An active member of ICSC, Strauss has brokered the sale of more than $650 million in 220 transactions in 22 states since joining the company more than 14 years ago.

“My strategy moving forward will be to focus on realistic sellers and buyers albeit individuals, banks, or conduit lenders who have taken properties back through default,” Strauss tells GlobeSt.com. “2011 will be a year that property owners who are motivated to sell will by pricing their assets correctly.”

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