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Marcus & Millichap Appoints National Director of Retail Division

  • Marcus & Millichap (NYSE: MMI) appointed Michael Puline as senior managing director & national director of its retail division on May 14, 2026.
  • Puline will guide strategic growth for both Marcus & Millichap & Institutional Property Advisors' (IPA) retail divisions & lead retail advisory teams.
  • With over 25 years of experience, Puline executed more than 2,500 leasing & sale transactions totaling $8.5 billion prior to joining the firm.
  • Before joining, Puline led national retailer strategy & research for a Blackstone portfolio company managing a $9 billion, 19-million-square-foot retail portfolio.
  • Gregory A. LaBerge, chief client officer, cited Puline's expertise in private equity, institutional investment environments & relationships with national retailers as key assets.
  • Marcus & Millichap's retail division offers investment sales, advisory, & transaction services for net lease properties, ground-leased assets, sale-leaseback financing & open-air shopping centers.
  • In 2025, the firm closed over 3,400 retail transactions, a volume comparable to its next three closest competitors combined.
  • The company reported 8,818 total transactions with a $50.8 billion sales volume in 2025.
  • Marcus & Millichap employs 1,808 investment sales & financing professionals across more than 80 offices in the United States & Canada.