PHILADELPHIA-A group from Marcus & Millichap has jumped to HFF to open the company's 22nd U.S. office here, focusing on investment sales, equity placement and debt placement.
John H. Pelusi, Jr., the CEO of HFF, Inc., said the firm has been looking to open a Philadelphia office for more than three years. “We have consummated a number of high profile transactions in the Philadelphia market without having a physical office presence in the market,” he said, adding that the new office will ramp up the activity.
Mark Thomson and Zachary Pierce will co-head the office as senior managing directors. Mark Popovich, a co-office head of the Pittsburgh office, will oversee implementing of firm's full lines of business and product specialties in Philadelphia.
Thomson and Pierce are former directors of Marcus & Millichap's national multi-housing group in the Philadelphia region. Over the past 12 months, their group was the highest producing multi-housing team in the mid-Atlantic region for M&M, closing more than 3,000 multi-housing units.
Thomson and Pierce said in a joint statement that they are excited to begin a new chapter of their careers by leading the HFF office.
“HFF's open platform of sharing information and resources is centered on putting the client's interest first, which we believe sets it apart from other competitors in the market,” they said.
Thomson and Pierce will be joined by Steve Rutman and Carl Fiebig, both former associates at Marcus & Millichap and Heather Pushinsky, who will be the team's marketing director.
HFF has recently opened other offices in Denver, Austin, Tampa, and Orlando.
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