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There isn't much on the commercial real estate landscape of 1971 that has come down to us essentially intact 45 years later. Companies as well as individuals have come and gone, countless properties have changed hands—in many cases, several times over—and the entire modus operandi of doing deals has been transformed. Yet one organization that got its start in the very different world of 1971 is marking its 45th anniversary with the same basic premise that led founders and co-chairmen George Marcus and William Millichap to set up shop: an investment sales platform that matches properties with pre-qualified investors, and a focus on measuring success with the yardstick of client satisfaction.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.