NAI Capital Executive Vice President R. Scott Martin Receives SIOR Award for Largest Dollar Volume Transaction, Alternative Assets In 2016
Los Angeles CA, Tuesday, March 14, 2017– Executive Vice President R. Scott Martin, SIOR with NAI Capital was recently recognized by the Society of Industrial and Office Realtors® (SIOR) for his achievements in real estate transactions. Martin won the award for Largest Dollar Volume Transaction in alternative assets for his efforts in the sale of a 171, 000 square feet retail center for $24,880,000. The SIOR Transaction Awards honor SIOR members who have completed significant transactions in several categories within the award year.
Nearly, 650 SIORs reported SIOR Transactions in 2016, with a total dollar volume of USD $12.9 billion for all reported transactions. That sum is just a fraction of the total business done by SIOR members around the world. Twenty-one SIOR members were honored individually for their accomplishments in the following 14 different transactions award categories.
Martin said, “This is probably the most meaningful award that I have received as a professional. The SIOR competition and standards are so high that I’m very honored by this.”
“From start to finish we closed this deal in less than 80 days. That was the amazing part of the entire transaction. We had a very tight time frame to market and solicit the property, vet the purchasers, weave through City Council process, work through due diligence, execute the sale and all with City Council approvals along the way. We accomplished this and yielded a 15% higher value than we initially set out to achieve,” Martin added.
Martin serves as executive vice president with NAI Capital’s Pasadena office. He has 29 years of experience as a licensed industrial real estate professional and has been a member of SIOR since 2000. He specializes in user and investment sales in the West San Gabriel Valley, Burbank and Glendale markets of Southern California. Martin has closed over $1.2B in transaction volume. He prides himself on his vast local market knowledge and keen eye for value, which he has created for his clients.
Headquartered in Washington, D.C., the Society of Industrial and Office Realtors® (SIOR, www.sior.com) is a global professional organization that certifies commercial real estate service providers with the exclusive SIOR designation. Individuals who earn their SIOR designation adhere to the highest levels of accountability and ethical standards. Only the industry’s top professionals qualify for the SIOR. Today, there are 3,100 SIOR members in 680 markets in 34 countries.
About NAI Capital
NAI Capital Company is one of the Southern California’s leading full-service commercial real estate companies, providing a complete range of transaction, valuation, consulting, investment, and property management services. NAI Capital is one of the largest members of NAI Global, a premier real estate service network with 375 offices and 6,700 market leaders spanning the globe. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, developers and investors throughout Southern California. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.
NAI Capital Brokerage CA BRE #00806840.
To learn more, visit www.naicapital.com.
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, online capital markets, title services and multifamily property management. C-III’s principal place of business is located in Irving, TX, with additional offices in New York, NY, Greenville, SC and Nashville, TN.
To learn more, visit www.naiglobal.com.
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