WHITE PLAINS, NY-J.D. Parker will oversee the new Marcus & Millichap office in White Plains, NY, according to a recent company statement. He will act as regional manager, adding this to offices he currently manages in Manhattan and New Haven.

The White Plains office adds to Marcus & Millichap's existing bases located in Baltimore, Boston, Brooklyn, Manhattan, New Haven, New Jersey, Philadelphia, Pittsburgh, Providence and Washington, D.C.

“As we continue to grow our market share in the Tri-State region, adding a new White Plains office to serve the needs of investors in the New York Metro Area, Upstate New York and throughout New England makes strategic sense,” Parker was quoted as saying in the same release in regards to the new office opening.

Gene A. Berman, executive vice president of Marcus & Millichap, and group managing director of the company's northeastern offices, was further quoted and explains, "As the economy continues to improve, both domestic and foreign investors are rebuilding their real estate portfolios, shedding non-performing assets, executing more 1031 exchanges and requiring more complex financing for their transactions.

“This is an opportune time to push forward with our expansion plans and capitalize on the investment opportunities in the Northeast.”