HFF announced that it has expanded its Philadelphia office with the addition of Richard Schontz, who has joined the firm as a managing director. Schontz will focus on self storage investment sales transactions nationwide and will be a member of HFF’s national self storage group.

Schontz joins HFF from Marcus & Millichap, where he was a senior associate and director within their National Self Storage Group. While in this role, he closed more than two million square feet of self storage transactions in nine states, and was ranked in the firm’s top three agents for both the self storage group and the Philadelphia office. Schontz is a member of the Pennsylvania Self Storage Association and the National Self-Storage Association.

“HFF is thrilled to have Richard as part of our team. 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.,” said Mark Thomson, senior managing director and co-head of HFF Philadelphia. “Richard will be teaming up with our existing HFF self storage producers to continue to build and expand our presence in the self storage market,” added Zac Pierce, senior managing director and co-head of HFF Philadelphia.

About HFF

HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter at twitter.com/hff.

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