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2023 Top Broker Awards
National
Alvin Mansour
Sales Total
$1 billion-plus
Led team that closed on more than $1 billion in transactions
Represented seller in $50-million Target-store transaction
The Mansour Group of Marcus & Millichap, led by Alvin Mansour, executive managing director investments, closed on more than $1 billion in deals during 2022.
One of the largest net-lease retail deals of the year involved a 56,000-square-foot Target store in in a dense infill market in the Huntington Park neighborhood of Los Angeles. The property traded for nearly $50 million ($900 per square foot).
Mansour represented the seller, a private company. The buyer was a private multifamily investor from New York City utilizing a 1031 exchange. One of approximately 200 sales completed by Mansour in 2022, the sale demonstrates his prowess as a broker and Marcus & Millichap’s ability to reach top private clients and place private capital into premium, trophy acquisitions in extremely high-barrier-to-entry markets.