Marcus & Millichap Names Its Newest Senior Vice President of Investments, Jim Shiebler, CCIM, CEC

 Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, has promoted Jim Shiebler, CCIM, CEC to Senior Vice President of Investments. Formally First Vice President of Investments, Shiebler focuses his expertise on Single-Tenant, Net-Lease Restaurant assets throughout the Southeast U.S. and Multi-Tenant Retail properties throughout Western Florida. His specific market focus and success in that market catapulted him into achieving an accelerated promotion to Senior Vice President in just six years.

Shiebler joined Marcus & Millichap in 2016, as an associate, earning the Rookie of the Year award. Since his start with Marcus & Millichap, Jim has received 5 promotions, earned 5 consecutive Power Broker awards, and the coveted National Achievement Award in 2022, 2021, and 2019. Between 2019 & 2021, Jim represented a total of 144 retail transactions totaling well over $300MM in transaction volume. In 2022 alone he was responsible for over $90M in transaction sales and 41 closings.

The news of Jim’s promotion followed hard on the heels of his arranging the sale of Market Square, a 65,688 square-foot shopping center in Fort Myers, FL which sold for $13.2MM. Shiebler represented the seller and procured the buyer, a New Jersey-based private investor. The sale resulted in his nomination for the CoStar Impact Award which recognizes exemplary commercial real estate transactions and projects completed in 2022. The winners have yet to be announced.

Marcus Millichap
Kristine Movizzo
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Indy 500 winner Marcus Ericsson to race in Porsche Carrera Cup Scandinavia final

WEBWIRE



This year’s winner of the world’s largest single sporting event – the Indy 500 – is set to star as the guest driver in the Porsche Carrera Cup Scandinavia’s final race weekend of the season. Ericsson will vie with the best drivers in the field and competes for the first time against his younger brother Hampus Ericsson.


Racing star Marcus Ericsson has announced that he will compete as a guest driver during the final race weekend of the year in the Porsche Carrera Cup Scandinavia, as well as in the final round of the Swedish GT championship. Ericsson will be the two series’ star guest at Mantorp Park on 1 October, and it will be a unique opportunity for the Indycar driver to meet his home racing fans.

2022 the most successful year in his racing career

“2022 has been the most successful year in my racing career,” says Ericsson. “It’s great to be able to finish this incredible season, after victory in the Indy 500, for the Swedish audience on my home turf and as a guest driver in the Swedish championship final. It’s a great opportunity to thank all the fans for the amazing support I’ve received.”


Earlier this year, Ericsson entered the history books when he crossed the finish line at the Indianapolis Motor Speedway as the winner of the Indy 500. The classic oval speedway event is one of the three most prestigious races in motorsport, along with the Monaco Grand Prix and Le Mans 24 Hours, and is often billed as the world’s largest single sporting event: Ericsson won the race in front of 325,000 spectators in the grandstands.


There’s also a little added drama for Ericsson at this event, as he will compete against his younger brother for the first time. Hampus Ericsson is a top performer in the Porsche Carrera Cup Scandinavia and is one of the title contenders.


“Of course I hope to have plenty of pace, especially as I get the chance to race against my little brother Hampus,” says Ericsson. “I follow the championship, so I know how competitive the racing is – it’s going to be tough. This is my first race in a GT car, so there’s a lot to learn. The car has less downforce than an Indycar, it’s heavier and has the engine in the back so it’s quite different. It’s sure to be exciting.”


The Porsche Carrera Cup Scandinavia guest driver entry will be Ericsson’s first competition in Sweden since he raced karts as a youngster; the Indy 500 winner’s extensive international career in single-seater formula cars began at the age of 16.


Ericsson is part of the Porsche Experience Racing team and will be starting in a guest car run by Porsche Sweden. All drivers compete in identical Porsche 911 GT3 Cup models, so the racing action is very close.


“Having the reigning Indy 500 champion on the starting grid during the season finale of the Porsche Carrera Cup Scandinavia is of course quite unique,” says Raine Wermelin, Director, Porsche Sweden. “This will be a great chance for fans of racing to see Marcus Ericsson in the form of his life competing during the finals of the championship. Marcus choosing to drive with us is a great honour and we’d like to say a big thank you to Chip Ganassi Racing for helping to make it happen.”


Ericsson’s Indycar career began in 2019 and he has been with the legendary Chip Ganassi Racing since 2020. He has three race wins under his belt, including the 2022 Indy 500. He heads to the Swedish championship finals directly off the back of the Indycar season finale at Laguna Seca in California. With only two races left to run, Ericsson is in fourth place in the championship, just 17 points from the top spot and with 108 points left to play for.