
Realty Executives Tucson Elite leased 11,000-square-feet of office space, the former Northern Trust Building at 6444 E Tanque Verde in Tucson for expansion. The space is already 100% sub-leased to 160 agents.
Jeff Murtaugh, with more than 37 years in commercial, residential, investment, management, brokerage, development, entitlement, stabilization, lease up and disposition of all sectors of real estate, is a Partner of Kinetic Companies, and President / CEO of Realty Executives in Phoenix, Tucson, Yuma, Green Valley and Tubac, Arizona. As one of Kinetic Companies operating assets, Realty Executives company includes over 1,000 agents/brokers in 52 offices generating more than $2.7 billion in annual sales. As a “Top 25 Real Estate Company in the US” (according to Real Trends rankings) he manages the day-to-day operations and closing of approximately 15,000 real estate sides or transactions annually. Mr. Murtaugh also oversees the day-to-day affiliate company holdings such as title, mortgage, and many other associated asset services for the Realty Executives franchise
Murtaugh has syndicated, formed, and partnered numerous companies and assets nationwide raising over $100 million in equity. His vast operations experience has included past direct management and daily control of Long Commercial and Best Companies in Tucson. Murtaugh is a 42 year resident of Tucson and grew up in Lexington, MA, and attended New Preparatory High School in Harvard Square, Cambridge, and Northeastern University, Boston.
Partners in the firm include Jeff Hawke and Joel Moyes, former state director of ICSC.
The tremendous growth according to Murtaugh is the Realty Exeuctive formula, “A Team concept with monthly fees and 100% commission for both residential and commercial agents.”
Susan Mize who has worked in the Real Estate industry for 24 years in both California and Arizona, will be the Branch Manager at this newest location.
The public is welcomed to come by the official grand opening on Friday, March 4th at 4:00 pm. At 6444 E Tanque Verde. Refreshments will be served.
Juan Teran, CCIM, also with Realty Executives Tucson Elite represented the tenant and Nancy McClure and David Montijo with CBRE in Tucson represented the landlord
For additional information, Teran should be reached at 520.284.9937. McClure can be contacted at 520.323.5117 and Montijo is at 520.323.5136.