Marcus & Millichap is pleased to announce the appointment of Scott M. Holmes to senior vice president and national director of their retail division. Scott will be based in our Phoenix office and will be responsible for directing the firm’s retail business strategy nationwide.
Scott joins the firm with more than 25 years of experience on the client side of the commercial real estate investment business. He has closed more than $6 billion in retail, multifamily, office and industrial transactions during his career. Prior to joining Marcus & Millichap, Scott served as Senior Vice President, Acquisitions for Cole Real Estate Investments, Inc. (now known as VEREIT) in Phoenix, where he was responsible for leading their shopping center acquisitions team, overseeing its investment activities nationwide, as well as directly sourcing acquisitions throughout the United States.
Prior to Cole, Scott was Director of Acquisitions for AEW Capital Management L.P. where he was responsible for directing the sourcing, underwriting, negotiation, due diligence and closing of all commercial property acquisitions in the Western United States. Prior to AEW, Scott led the Acquisitions team at American Realty Advisors in Los Angeles. He closed all new equity acquisitions for American’s tax-exempt pension fund clients and was a member of both American’s Investment Committee and Valuation Committee.
Scott graduated from San Diego State University with a Bachelor of Science degree in real estate finance and a minor in Japanese. He earned his Master of Business Administration degree from Pepperdine University. Scott has been a longtime member of the Urban Land Institute (ULI), National Association of Real Estate Investment Managers (NAREIM), National Association of Industrial and Office Properties (NAIOP) and the International Council of Shopping Centers (ICSC).