Originally Published by:
June 1, 2016
MIAMI—Eighteen-year commercial real estate veteran Adam Tiktin has left Marcus & Millichap to launch his own firm. Tiktin Real Estate Investment Services is carving out a niche in the disposition of shopping centers, single-tenant net lease properties and office buildings.
Tiktin spent nearly 15 years at Marcus & Millichap and left at the top, finishing 2015 as “Miami’s Top Agent.” He is currently chairman of the ICSC
(International Council of Shopping Centers) South Florida Idea Exchange. He’s also a member of NAIOP (the National Association of Office and Industrial Properties).
“There is a tremendous need for investment sales brokers in South Florida who are willing to put their clients’ needs first,” Tiktin tells GlobeSt.com. “Agents who act in more of an advisory role, who strategize with their clients in order to add value to the clients’ properties and in their organizations and to their clients’ lives as a whole, are our primary focus.”
Tiktin has exclusively listed and sold over $800 million in more than 325 transactions. Some of his most notable multimillion-dollar deals include brokering the $15 million sale of more than two acres along Biscayne Boulevard in North Miami Beach to the CEO of Prestige Imports, as well as the $9.8 million sale of a shopping center in Port St. Lucie.
“Our competitive advantage will come through our superior knowledge of the market, deep client relationships, a much higher level of underwriting and diligence, and making sure junior agents are not deployed into the market without proper training, guidance, support and experience,” Tiktin says. “There is a huge opportunity to build a brokerage company in this market that has an impeccable brand, that is rivaled in the investment sales of Shopping centers, single-tenant net leased properties and office buildings.”
Tiktin has some familiar faces on his commercial real estate staff. Justin Spiller, an investment associate; Alen Hernandez, a senior financial analyst; and Janina Phillips, his executive administrative assistant also moved over from Marcus & Millichap.