Allsop has appointed industry specialist David Margolis as a salaried partner to help grow the firm’s commercial auction business.
Margolis has more than 25 years of commercial property experience, including 12 in his most recent role as investment director and auctioneer at Acuitus.
He started his career in Cushman & Wakefield’s investment division and went on to become a senior director and an auctioneer at CBRE, where he played a key role in launching and establishing the firm’s auction team.
Margolis said: “Allsop is a business that I’ve admired for a very long time. It has a strong heritage in the commercial auctions market and I have known and worked closely with many of the team over the years, so it’s a firm with which I already feel a strong connection. Having spent the past 12 years at Acuitus, a business which shares many of Allsop’s values in being resolutely focused on the client and acting with the utmost integrity, I’m looking forward to this natural next step and contributing to the team’s continued success.”
Mark Gower, managing partner (commercial) at Allsop, added: “I have known David, both personally and professionally, for decades and I’m thrilled to welcome him to the team as a significant strategic addition. That Acuitus has become so well respected in the world of commercial auctions is in no small part due to David’s energy, enthusiasm and passion for what he does. We share the same values and as a people focused property professional he will fit in seamlessly.
“With all of our senior team members having grown their careers with Allsop, David also marks a milestone in being the first ever salaried partner hire in the commercial auctions team – he is the right person for that milestone and the timing of his appointment couldn’t be better, with interest in the commercial auction market growing and transaction volumes beginning to increase.”
