Location: Phoenix,AZ, USA
Marcus & Millichap is one of the nation's leading commercial real estate investment services company, with more than 1,800 investment sales and financing professionals in 80 offices nationwide and throughout Canada. The Commercial Real Estate Analyst will be responsible for conducting market and submarket research to identify pertinent commercial real estate data, key market driver information and assist in the writing of detailed reports for publication in high-profile offering memorandums and proposals. The Analyst will also be tasked with examining and reviewing sale / lease records, economic activities, marketplace intelligence, and documentation and synthesizing abstract data into relevant databases.
The Commercial Real Estate Analyst is a full-time on-site role based in our Phoenix office. This position will work proactively with a top performing industrial and office specialist team, with a transaction volume of over $1 billion in the trailing three years. The Commercial Real Estate Analyst will be exposed to transaction activity on a local, regional, and national level with institutional and private clients.
Requirements and Responsibilities
* Performs sub-market location research to identify local economic drivers, leasing trends, population trends, and recent/future developments
* Writes local market overviews pertaining to specific property categories
* Researches and analyzes market conditions in local, regional, or national areas
* Reviews complex lease documents and deciphers real estate lease details for the purposes of creating lease abstracts
* Interprets data from a variety of sources to assess market's economic environment and to evaluate commercial real estate opportunities and trends
* Supports data mining projects using industry leading data sources to assess commercial real estate inventory
* Updates database and comparable records
* Supports ad hoc tasks provided by Senior Financial Analyst and Team Producers
* Finds and recommends comparable property sales for all product types
Education and Skill Set
* Bachelor's or advanced degree in Real Estate, Law, Finance or Business Administration Encouraged
* 1-2 years minimum of professional analysis in commercial real estate
* Ability to translate data and information into clear, professional reports
* Ability to work under tight deadlines and complete projects on time with accuracy
* Exceptional reading, comprehension, and writing skills
* Strong internet research skills
* Operates on the leading edge of real estate research technology by proactively learning new skills and software tools
* Excellent business vocabulary and grammar
* An acute attention to detail
Our mission is to help our clients create and preserve wealth by providing the best real estate investment sales, financing, research, and advisory services available.
Founded in 1971, Marcus & Millichap (NYSE: MMI) is a leading commercial real estate brokerage firm focusing exclusively on investment sales, financing, research, and advisory services, with nearly 1,700 investment sales and financing professionals in 80+ offices throughout the United States and Canada.
Marcus & Millichap closes more transactions than any other real estate investment brokerage firm in the nation. In 2023, the firm closed 8,297 transactions with a sales volume of approximately $48 billion.
The firm has perfected a powerful property marketing system that integrates broker specialization by property type and market area; the industry's most comprehensive investment research; a long-standing culture of information sharing; relationships with the largest pool of qualified investors; and state-of-the-art technology that matches buyers and sellers.
Marcus & Millichap provides equal employment opportunities to all employees and applicants for employment without discrimination with regard to race, religious belief (including dress or grooming practices), color, sex, sex stereotype, pregnancy, childbirth or related medical conditions (including breast feeding), age, national origin, ancestry, sexual orientation, gender identification and expression, transgender status, physical or mental disability, medical condition, genetic characteristics, genetic information, family care, marital status, enrollment in any public assistance program, status as military, a veteran or qualified disabled veteran, status as an unpaid intern or volunteer, or any other classification protected by law. We also prohibit discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics. In addition to federal law requirements, Marcus & Millichap complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.