Marcus & Millichap names senior directors
San Diego — Marcus & Millichap Real Estate Investment Services said it has named Phil Sambazis senior director of the firm’s National Retail Group in San Diego. Sambazis joined Marcus & Millichap in March 2006 and specializes in the acquisition and disposition of retail shopping centers and net-leased investments.
Marcus & Millichap has also named Kevin W. Boeve senior director of the firm’s National Retail Group in Ontario. Boeve joined Marcus & Millichap in June 1999.
And the company named Barry M. Wolfe senior director of the firm’s National Retail Group in Fort Lauderdale, Fla. Wolfe joined Marcus & Millichap in April 2001.
Levin names acquisitions and business development executive
North Plainfield, N.J. — Levin Management announced that it has named Joe Lowry as director of acquisitions and business development for the company.
The 25-year commercial real estate industry veteran joined Levin in 2009 as director of acquisitions. His added responsibilities reflect the firm’s ongoing focus on adding new clients from among institutions, fund managers and private owners it does not already serve.
Lowry’s primary responsibility for Levin Management during the past three years has been the evaluation of shopping centers listed for sale, as well as the sourcing of off-market retail investment opportunities for the firm’s institutional clients. His focus now has now been expanded to include marketing Levin’s range of third-party services to this customer base, as well as to other institutions, fund managers and private owners.
Eidco awarded Westgate Mall project
Chicago — Eidco Construction announced that the firm has won a 65,000-sq.-ft. renovation project at the Westgate Mall in Brainerd and Baxter, Minn.
Currently in progress, the project was designed by Chipman Design Architecture, in collaboration with Ringdahl Architects, and involves a number of interior tenant improvements, along with exterior façade work and the construction of a building addition.
The 260,725-sq.-ft. Westgate retail center has a tenant roster that includes anchor tenant Herberger’s Department Store, Dunhams, Big Lots and a 10-screen movie theater.