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Marcus & Millichap Brings in Jim Palmer to Lead Commercial Property Auction Services
Marcus & Millichap said Friday that Jim Palmer was hired as SVP and national director responsible for overseeing the firm’s Commercial Property Auction Services division of its brokerage business. Formed in 2022, the division offers clients an accelerated way to buy and sell commercial property as a complement to the Calabasas, CA-based firm’s traditional property marketing channels.
“As part of our ongoing mission to provide our clients with the best possible range of investment opportunities in the industry, we launched Commercial Property Auction Services last spring. The response from clients has been tremendous,” said J.D. Parker, EVP and COO of Marcus & Millichap’s Eastern Division. “The addition of Jim further expands our auction capabilities and aligns with our firm’s history of maximizing value for clients through every aspect of service.”
Palmer brings more than 25 years of real estate and technology experience to Marcus & Millichap. Most recently he served eight years on Ten-X Co.’s leadership team, where he managed the broker channel, as well as many of the firm’s largest institutional clients.
- ◦Sale/Acquisition
- ◦People
