Michael Hsu joined Newmark in 2012 and currently serves as a director in the firm’s Las Vegas office. Mr. Hsu brings to his position over 14 years of commercial real estate experience, including 10 years at Grubb & Ellis, now a part of Newmark. He is an integral member of the brokerage team led by David R. Scherer, providing sales, leasing and tenant and landlord representation for office, medical office and industrial properties in the Las Vegas valley. Working together, the team members have completed over $1.6 billion of transactions throughout Greater Las Vegas, Colorado and California, providing real estate services for over 200 national and regional companies.
With expertise in ARGUS DCF and ProCalc, Mr. Hsu is able to provide insightful and in-depth property analyses for investment sales opportunities and develop strategies for leasing space quickly and effectively. He has been involved in over $500 million of transactions. National and regional clients have included AEGON, Bank of Nevada, Bank of the West, Dornin Investment Group, Forest City Enterprises, General Growth Properties, Harsch Investment Properties, HCA Healthcare, HCP Inc., HNTB, LNR Partners, The Molasky Group of Companies, Mutual of Omaha, Omninet Capital, Rialto Capital, Triple Net Properties, Unitrin and Wells Fargo.
Mr. Hsu is currently a member of NAIOP, the Commercial Real Estate Development Association.
Highly respected within the Las Vegas area for its extensive medical expertise, the Scherer Team has a current portfolio of over 500,000 square feet of medical office properties and represents two hospital systems in Southern Nevada. Offering focused real estate services, elevated relationships built on respect and trust and decades of experience in Las Vegas, the team has been instrumental in completing some of the most significant and inspired commercial real estate transactions in Southern Nevada, placing in Newmark’s top tier of performance nationally in 2012 and 2013, a distinction reserved for 15% of the firm’s preeminent brokers. In addition, the team has been the top total gross revenue producer in Newmark’s Las Vegas office for 10 of the last 16 years.