Michael Cisternino
Founder & Managing Principal
ABOUT
Michael Cisternino is the Founder and Managing Principal of Essential CRE. Michael has been active in commercial real estate for 18 years and has completed over $600 million in investment sales. Throughout his career, Michael has consistently demonstrated a strong ability to skillfully transact leased investments across a wide-spectrum of asset types which include single tenant and multi-tenant retail, medical-office and industrial properties throughout the US.
Prior to forming Essential CRE, Michael was a Senior Vice President at The Kase Group with a focus on the disposition and acquisition of credit, net leased assets throughout the US. Prior to The Kase Group, Michael was a Senior Vice President and Regional Director of Investment Sales for Transwestern in Northern California. Michael specialized in providing investment services to real estate investment trusts, institutional capital, private equity funds, regional developers and high net worth investors in the dispositions and acquisitions of net leased investments. Michael played a critical role in Transwestern’s west coast expansion into investment sales and capital markets as he helped build their platform from the ground-up. Prior to Transwestern, Michael was a Senior Associate at Marcus & Millichap and worked with investors on the dispositions and acquisitions of leased investments throughout the West Coast.
SIGNIFICANT TRANSACTIONS
$47,000,000 Webster Medical Plaza – Oakland, CA
$16,125,000 Hilltop Shopping Center – Redding, CA
$18,000,000 Lucky Anchored Shopping Center – Novato, CA
$15,250,000 Tracy Corners Shopping Center – Tracy, CA
$15,000,000 Safeway Anchored Shopping Center – Stockton, CA
$14,450,000 Jawbone Headquarters – Sunnyvale, CA
$12,970,000 DaVita Dialysis – San Rafael, CA
$9,300,000 California Plaza – Walnut Creek, CA
$8,600,000 Walgreens – Lafayette, CA
PROFESSIONAL AFFILIATIONS | RECOGNITIONS
Michael is a licensed California and Nevada Real Estate Broker and member of International Council of Shopping Centers and NAIOP Commercial Real Estate Development Association. Michael was awarded CoStar’s Power Broker Award in 2014, 2015 and 2017 and Crexi’s Platinum Broker Award in 2023.
CA Broker License # 01708023
NV Broker License # 1002492
