Marcus & Millichap has hired Nicholas Kanich as a first vice president investments based in downtown Chicago. Kanich started his career serving net lease property investors at Marcus & Millichap in 2005 and spent seven years with the firm. Most recently, he served as a senior director with JLL’s net lease property group.
“I am thrilled to return to Marcus & Millichap, the place where I launched my real estate career 15 years ago,” Kanich said. “The firm’s unparalleled access to private client and high-net-worth investors around the globe will allow my clients the deepest possible reach to maximize value for their assets, and the company’s sheer sales volume of net lease assets is second to none. I look forward to reconnecting with old friends and collaborating with new partners across the country.”
Kanich has handled over $1.2 billion in investment real estate transactions nationally and has extensive experience in shopping centers, high-street retail, triple-net sales and passive cash flow net lease assets. His national credit tenant portfolio includes such marquee names as Bank of America, McDonald’s and Walgreens. He is a past board member of ICSC Chicago’s Next Generation Program, serves as the alumni coordinator for the Indiana Center for Real Estate Studies, Indiana University’s Real Estate Alumni Network in Chicago and sits on the advisory board for Indiana University’s Real Estate Center. Kanich holds a bachelor of science degree in finance with an emphasis in real estate and entrepreneurship from the Indiana University Kelley School of Business.
“Nick is a seasoned single-tenant net lease property investment expert who returns to the firm with extensive market knowledge and experience in the institutional marketplace,” said David Bradley, regional manager of Marcus & Millichap’s Chicago downtown office. “His familiarity with the benefits that investors gain from our unique platform for the marketing and sale of net lease assets will be of great value to clients. I am pleased to welcome Nick back to continue growing our single-tenant net lease presence here in the Midwest.”