NOT JUST RETAIL ANYMORE
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|For most of its 35-year history, Meacham/Oppenheimer has focused on retail real estate, but now the San Jose-based brokerage firm is mixing it up. Yesterday president Mike Messinger, flanked by partners David Taxin and Josh Gispan, told us the firm is expanding into other property types and disciplines, underscored by its selection as the Silicon Valley affiliate of CORFAC International. The firm’s primary intent was to strengthen its platform in office and industrial leasing and sales. Mike notes that CORFAC has grown by independent, boutique brokerage firms. "That’s why we mesh well.”|
|Meacham/Oppenheimer CORFAC already has added a handful of brokers who do office and industrial and hopes to hire more. The firm also is stepping up its third-party property management and development coordination work. Right now, it controls 160 properties totaling 6M SF—the majority of that retail. Among its new stuff, the firm’s working on two retail centers (300k SF each) slated to break ground next year: the Target-anchored Main Street Plaza in Santa Clara (above) and Sun Garden in San Jose.|