Kidder Mathews looks to double Phoenix brokerage – The firm has ‘seats to fill’ at Camelback offices

Phoenix Business Journal

Posted In — News & Press | In the News

The Phoenix branch of Kidder Mathews commercial real estate firm is looking to nearly double the size of its brokerage during the next 12 to 18 months.

“Our biggest need is more traditional office brokers,” said Darren Tappen, senior vice president at Kidder Mathews. The firm has 17 brokers and is looking to increase to between 30 and 35 people.

The office is managed by a group of six managing partners, including Tappen, who all have input into which areas should be of particular focus when hiring.

“We collectively determine who we want to recruit,” he said.

Tappen said the firm is close to expanding into more space in the Camelback Esplanade.

“We have seats to fill,” he said.

Tappen said the management model can keep overhead costs down so brokers can keep more commissions they earn.

The firm offers services in several areas, including investment sales, industrial, office, medical office, retail and multifamily, and is looking to grow each sector. Its service lines are brokerage, property management, and appraisal.

“We’re interested in people that add something to the office we don’t already have,” said Michael Dupuy, a senior vice president at the firm. “It would be really nice to round out the bench with corporate office and add another multifamily team.”

The push to hire more brokers is also happening at Kidder Mathews‘ California offices in Los Angeles, El Segundo, Irvine and San Diego, Tappen said.

“We benefit from having additional, competent brokers,” Dupuy said. “We see value in adding teams that add something to the office.”

For the full story, go to the Phoenix Business Journal.

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