The formation of Capital Markets Investment Group (CMIG) was announced today by its membership. Composed of a team of elite commercial real estate professionals specializing in the sale and acquisition of office investment properties, CMIG enables its members to provide institutional investors with exceptional service and greater access to resources throughout the West's top capital investment markets.
"CMIG is unique from other capital markets groups in that it is not affiliated with one specific brokerage firm, stated Mike Meisenbach, CPA, CCIM, member of CMIG and principal of Lee & Associates.
"Membership in CMIG allows brokers to strategically align with the nation's top office investment professionals regardless of their association with a particular firm, added David Tilton, another CMIG member and senior managing director of Fredrick Ross Company in Denver. "Therefore, this is the first group to truly be able to provide the best expertise to investors attracted to office properties.
CMIG was founded on the premise that the collective wisdom, expertise, experience and unique strengths of its members can be combined and shared in order to most effectively meet the needs of today's commercial real estate investors. This consolidation of resources allows members to more effectively penetrate markets by giving access to more sellers and buyers, which, in turn, provides more opportunities to clients.
The group was founded with members specializing in markets throughout California, including Orange, Los Angeles and San Diego counties, the East Bay, San Gabriel Valley, the Inland Empire; as well as Seattle, Las Vegas, Denver and Portland, Ore.
Expansion has already begun with efforts to recruit experts in Dallas, Phoenix, San Francisco and other major markets throughout the Western United States.
CMIG's broker teams average over 20 years experience in the commercial real estate industry. Last year, they sold an average of 464,000 square feet of office space, with average sales of $78 million for each team. The group currently has an aggregate value of $424 million worth of properties for sale.
CMIG's clients include some of the nation's largest institutional investors such as Goldman Sachs, Hines Interests, L.P., Morgan Stanley, MetLife Real Estate Investments and Legacy Partners Commercial.
Members currently include the following experts (listed by market).
- DENVER: David G. Tilton, senior managing director, Frederick Ross Company, 303.260.8354, dtilton@frederickross.com / Todd Alton, associate broker, Frederick Ross Company, 303.260.4224, talton@frederickross.com
- EAST BAY: Aron Hoenninger, principal, Lee & Associates Inc., 925.737.4155, ahoenninger@lee-associates.com
- INLAND EMPIRE: David Mudge, CCIM, SIOR, senior vice president, Lee & Associates - Riverside, 951.276.3611, dmudge@lee-associates.com / Tom Pierik, SIOR, senior vice president, Lee & Associates - Riverside, 951.276.3610, tpierik@lee-associates.com
- LAS VEGAS: Charles Witters, SIOR, senior vice president, Lee & Associates Inc., 702.320.1337, cwitters@leelasvegas.com / David Flynn, senior vice president, Lee & Associates Inc., 702.739.6222, dflynn@leelasvegas.com
- ORANGE COUNTY: Mike Meisenbach, CPA, CCIM, principal, Lee & Associates Inc., 949.675.4733, mikem@lee-associates.com
- PORTLAND: James A. "Buzz Ellis, Jr., SIOR, principal, Pacific Real Estate Partners Inc., 503.972.8091, buzz.ellis@pacific-re.com / Paige Morgan, Pacific Real Estate Partners Inc., 503.972.8000, paige.morgan@pacific-re.com
- SAN DIEGO COUNTY: Adam Robinson, CCIM, SIOR, principal, Lee & Associates Inc., 760.448.2438, arobinson@lee-associates.com / Brian Strange, SIOR, principal, Lee & Associates Inc., 858.713.9321, bstrange@lee-associates.com
- SAN GABRIEL VALLEY: Christopher Larimore, principal, Lee & Associates, Inc., 562.568.2039, clarimore@lee-associates.com / Vincent Molitor, Lee & Associates, Inc., 562.568.2009, vmolitor@lee-associates.com
- SAN PEDRO/LONG BEACH: Laurie Wixted, principal, The Wixted Group, 310.514.7411, laurie@wixtedgroup.com
- SEATTLE (suburban): Dan Foster, CCIM, vice president, Pacific Real Estate Partners Inc., 425.974.4022, dan.foster@pacific-re.com
- SEATTLE: Greg Inglin, associate, Pacific Real Estate Partners Inc., 206.971.7020, greg.inglin@pacific-re.com
About CMIG
Capital Markets Investment Group is composed of a team of elite commercial real estate professionals specializing in the sale and acquisition of office investment properties throughout the Western United States. CMIG was founded on the premise that the collective wisdom, expertise, experience and unique strengths of its members can be combined and shared in order to most effectively meet the needs of today's commercial real estate investors. This consolidation of resources allows members to more effectively penetrate markets by giving access to more sellers and buyers, which, in turn, provides more opportunities to institutional investors. For more information, please visit www.cmig1.com.