Marcus & Millichap veteran splits to start his own firm

Adam Tiktin, a 15-year veteran of Marcus & Millichap, has officially parted ways with the firm to start his own brokerage.

On Monday, the former first vice president sent out an email blast to his peers and clients announcing he was launching Tiktin Real Estate Investment Services.

His team at Marcus & Millichap also made the jump: Justin Spiller, an investment associate; Alen Hernandez, a senior financial analyst; and Janina Phillips, his executive administrative assistant.

“Yesterday was my first day,” Tiktin told The Real Deal on Tuesday. After spending more than a decade at Marcus & Millichap, where he closed many a multimillion-dollar deal, he said he decided to “take it to the next level.”

Tiktin specializes in the sale of shopping centers, single-tenant net lease properties and office buildings. He said he’ll finish his current listings in coordination with Marcus & Millichap, with all of his new listings going toward Tiktin Real Estate Investment Services.

Some of his more notable past deals include brokering the $15 million sale of more than two acres along Biscayne Boulevard in North Miami Beach to the CEO of Prestige Imports, as well as the $9.8 million sale of a shopping center in Port St. Lucie.

“The one I’m most proud of I can’t actually talk about,” he said, citing a confidentiality agreement that hasn’t expired.

He said he’s made a lot of friends along the way at Marcus & Millichap, and not everyone was happy to see him go.

“Some of them were surprised; some of them actually started crying,” he said. “I’d say some of them were not happy I was leaving because I generated a lot of business. But I think overall, it was a positive thing.”