Stan Johnson Company has hired three brokers in the West region to be based in the firm’s Irvine, California, office, according to a release from a representative of the firm. The statement says Ronnie Givargis has joined the company as senior director, bringing within him associate brokers Michael Yousef and Leonard Arsanos.
All three hires were most recently with Allied Real Estate Investment Group, Givargis serving as president and CEO, according to the statement.
Prior to starting his own company, Givargis worked at Marcus & Millichap, the source says. The trio brings a combined 45 years of sales, management, and operational expertise to Stan Johnson Company.
Givargis is quoted in the release as saying, “The integrity and ethical business practices exhibited by everyone at Stan Johnson Company were the motivating factors in my decision to join the firm. Michael, Leonard, and I are eager to tap into a platform with industry-leading marketing tools, which will allow us to list properties outside of California. The transition to Stan Johnson Company will exponentially expand the services we’re able to provide to our loyal clients.”
In welcoming the trio to the firm, Myles Helm, regional managing director of Stan Johnson Company, says in the release that the West Coast “continues to be a key region of growth for Stan Johnson Company.”
SoCal Real Estate recently interviewed Givargis about the trends revealed in Stan Johnson Company’s Q3 2018 Cap Rate Trends report. Givargis said, “Despite recent upward movement in average cap rates across the entire net lease retail sector, it’s clear that high-quality properties with long lease terms are still seeing cap rates compress in many of our highlighted tenant sectors.”