HFF (Holliday Fenoglio Fowler LP), a provider of commercial real estate and capital-markets services to self-storage and other commercial sectors, has hired Richard Schontz as a managing director in its Philadelphia office. Schontz will focus on self-storage investment sales transactions nationwide and be a member of the firm’s National Self-Storage Group, company officials said in a press release.
Schontz joins HFF from commercial property investment firm Marcus & Millichap Real Estate Investment Services, where he was a senior associate and director within its National Self Storage Group. While in this role, he closed more than 2 million square feet of self-storage transactions in nine states and ranked in the firm’s top three agents in the self-storage group and the Philadelphia office, officials said.
Schontz is a member of the Pennsylvania Self Storage Association and national Self Storage Association.
“HFF is thrilled to have Richard as part of our team,” said Mark Thomson, senior managing director of HFF Philadelphia. “He has a keen understanding of the national self-storage market and brings with him deep relationships with many of the self-storage investors and owners in the U.S.”
HFF and HFF Securities LP are owned by HFF Inc. HFF operates out of 22 offices nationwide and is a provider of commercial real estate and capital-markets services to the U.S. commercial real estate industry, including self-storage.