Retail News Blog

Commitment to the Arizona Market Highlights Continued Growth of Firm

PHOENIX, AZ – PGP Valuation, Inc. (PGP), the industry-leading real estate appraisal firm with offices worldwide, has announced that Phil Steffen, MAI, has been named executive managing director of the firm’s new office opening in Phoenix, AZ. Steffen is a recognized member of the valuation community and 30 year veteran of PGP. He will now be focused on developing valuation services for the Arizona markets as the growing team supports client relationships across the multi-family, industrial, retail, office, land and residential development markets.

“Phil’s exemplary knowledge of the industry and proven track record for delivering superior results will truly benefit our growing client base in this vital market,” said Ken Harrison, MAI, president and CEO of PGP. “As we have continued to expand the business in recent years, Phil has been instrumental in helping us tackle many leading initiatives within our firm. Knowing that his skills will now be fully channeled to the delivery of differentiated appraisal services in Arizona leaves us with the utmost confidence in building the best appraisal team possible.”

Steffen joined PGP in 1979 and helped establish PGP’s initial presence in the Portland, OR market. In 1984, he moved the Puget Sound region and developed PGP’s Seattle office into a successful 25-person, full service appraisal operation.

“PGP has always been committed to developing effective teams of appraisal specialists with thoughtful expansion of offices in markets where our client base can truly leverage our unique service offerings,” said Steffen. “Phoenix represents an outstanding opportunity for us to develop a strong team with a focus on specific property types. I am fully committed to the development of this vital new office and look forward to forging strong relationships within the greater Arizona real estate community.”

The Phoenix office is being developed in conjunction with team members Matt Steffen and Alex Esnard, both of whom transferred to Phoenix from PGP’s San Diego office. Current plans call for immediate expansion of the office which will be further staffed with valuation specialists covering the full spectrum of appraisal needs on a state-wide basis and leveraging PGP’s extensive national and international client networks.

Founded in 1978, PGP Valuation Inc. is the world’s largest valuation services firm and a member of the Collier’s International real estate family of companies, a First Service CRE organization. PGP and its affiliates maintain offices in over 25 major North American markets and expanded coverage in over 88 international markets. The company offers differentiated property valuation services through proprietary data, technology, analysis and delivery methods. Its depth of experience, as well as many highly specialized areas of practice, is the result of over 1000+ valuation experts providing unparalleled quality and service across 45 countries. www.pgpinc.com

Contact: Joe Fitzpatrick · 213.399.4999 · joe.fitzpatrick@pgpinc.com