Troy McKenney graduated from Fresno State University with a degree in Business Administration/Real Estate and Urban Land Economics. After working in property management for a local property management company, he started with Pearson Commercial in 1987. Over his career, Mr. McKenney has been involved with a wide variety of commercial real estate transactions from leasing small spaces to selling multi-million dollar properties. This experience has positioned Mr. McKenney to have an in-depth knowledge of many aspects of commercial real estate, which has allowed him to become one of the top commercial real estate brokers in the Fresno area specializing in sales and leasing of commercial properties.

With over 30 years of experience in the industry, Mr. McKenney understands the various aspects of managing, operating, buying, and selling commercial real estate. He has learned it takes a team of experienced professionals to successfully complete any transaction.

McKenney Investment Properties was created with this “Team” concept in mind. The McKenney Investment Properties team also has working relationships with lenders, marketing specialists, title companies, appraisers, attorneys, property managers, exchange companies, and contractors. In many transactions, these professionals can be critical to completing the transaction successfully. When the McKenney Investment Properties team is working with you, you have access to a number of professionals who are experts at what they do to help you complete a successful sale or purchase of your property.

Troy A. McKenney – Senior Vice President

CA DRE License #00952671

Troy McKenney has worked with Newmark Pearson Commercial since 1987, specializing in investments, sales and leasing throughout the Central San Joaquin Valley. Mr. McKenney has successfully negotiated hundreds of sale and lease transactions. He began his commercial real estate career in property management for a local property management company, where he quickly became director of property management.

Professional Affiliations:

  • California & National Association of Realtors
  • International Council of Shopping Centers

Mr. McKenney holds a Bachelor of Science degree in business administration, with a specialization in real estate and urban land economics, from California State University, Fresno.

Partial List of Sales Transactions:

  • Ashlan Village Shopping Center
  • Bullard & 41 Plaza
  • Bullard Plaza Shopping Center
  • Cedar Herndon Plaza
  • Crossroads Shopping Center
  • Golden One Credit Union
  • Selma Square Shopping Center
  • Sonic Drive-In
  • Various parcels of retail development land
  • Village Walk Shopping Center

Partial List of Lease Transactions:

  • Big 5 Sporting Goods
  • Carl’s Jr.
  • Chili’s
  • Denny’s Restaurant
  • Educational Employees Credit Union
  • Food-4-Less
  • Fresno County Federal Credit Union
  • Hobby Lobby
  • Orchard Hardware Supply

Areas of Specialization:

  • Commercial Properties
  • Investment Sales
  • Investment Analysis
  • Buyer/Seller Representation
  • Lease Negotiations
  • Landlord/Tenant Representation

Years of Experience: Over 30 Years

Interested in
Buying, Selling or Leasing
Request Valuation

Craig Holdener – Vice President

CA DRE License #01904352

Craig joined Newmark Pearson Commercial in 2011 following a successful 20-year career in sales management with a leading financial services organization. Specializing in the sale and leasing of retail commercial real estate Craig currently represents 27 shopping centers totaling over 1.4 million square feet in Fresno, Madera, and Tulare counties. With an emphasis on relationship management and a hands-on approach, Craig represents sellers, buyers, LL’s, and tenants throughout the entire sale or lease cycle.

Professional and Personal Affiliations:

  • California & National Association of Realtors
  • International Council of Shopping Centers (ICSC)

Mr. Holdener graduated from California State University, Fullerton with a Bachelor of Arts Degree in Communications with a Public Relations emphasis.

Areas of Specialization:

  • Retail Sales and Leasing
  • Tenant Representation
  • Landlord Representation
  • Lease Negotiations
  • Marketing

Years of Experience: 7 Years

Rachel Zaayer – Marketing Specialist, Realtor

CA DRE License #01890981

Rachel joined Newmark Pearson Commercial Real Estate in February 2019. Ms. Zaayer has been a real estate agent for 8 years, starting her career in residential transactions. She has extensive knowledge of contract preparation, marketing & a vast array of real estate specialties. She demonstrates her commitment to delivering professional, responsive transaction coordination services to developers, owners, landlords & tenants.

Professional Affiliations:

  • Fresno Association of Realtors
  • California Association of Realtors
  • National Association of Realtors, GREEN Designation

Rachel graduated with a Bachelor of Science degree in Nutritional Science from Cal Poly, San Luis Obispo

Areas of Specialization:

  • Marketing
  • Contract Preparation
  • Transaction Coordination

Years of Experience: 8 Years

Market Research

Market intelligence is a critical tool in managing risk and making decisions grounded in facts. Our in-house Market Research Department provides in-house services found nowhere else in the local market. From in-house design of marketing brochures, websites, market trends reports, competition maps, site selection maps, utilization of multiple property inventory websites ie. CoStar, LoopNet, CREXi, to providing a variety of support information such as property availability, effective rental rates, and values, absorption trends, location of labor pools, our Market Research Department turns market data into knowledge that creates value for our clients.

We place a strong emphasis on research-supported market knowledge, which forms the foundation for the commercial real estate recommendations we make to our clients. By tracking and analyzing demand, cyclical patterns and industry trends that affect real estate decisions, our team is armed with current and accurate market intelligence, which plays a crucial role in advocating our clients’ position.

Commercial Real Estate News

Holding Period Requirements in a 1031 Exchange – Not Just a Matter of Time, Intent is Key
Property must be “held” for investment or business use (a “qualified purpose”) in a 1031 tax-deferred exchange. This requirement applies to property being sold to…
Read more
Vesting and 1031 Exchanges: “Same Taxpayer” Rule
In order to qualify for tax deferral treatment under Internal Revenue Code § 1031, the taxpayer that sells relinquished property in an exchange must also…
Read more
The nation’s hottest housing market? Surprise — it’s Fresno
After five years of planning and months of construction delays, first-time developer Vincent Ricchiuti was ready to open his luxury apartment complex. Then came the…
Read more


Brett Thomas

Troy goes above and beyond in each transaction, and his dedication and experience are apparent during every step of the process. From finding creative solutions to sticking-points during initial negotiations to arranging and facilitating nearly every aspect of a complicated due-diligence, and even being a valuable resource post-closing, he skillfully…

Tom Gray

Troy McKenney has represented us as our commercial real estate agent for several years. Troy has always been there for us to help with the real estate needs of our growing organization. He is very knowledgeable and looks out for our best interests. Troy has the experience and knowledge to…

Thomas A. Brown

I have been a licensed real estate broker since 1966 and during those 50 plus years have sold and leased only commercial real estate and investment properties. I have developed a client following and many repeat transactions with the same clients and upon my recent retirement, needed to find a…

Ron Farr

Working with Troy McKenney on commercial real estate is working with a true professional. Troy is well versed in every aspect of successfully completing the deal. Troy was very good about getting back to me quickly and answering all of my questions. He is very helpful and knowledgeable when working…

John Clark

Troy has been a tremendous help to me for many years. He has helped me with building purchases and then helped provide me with advice concerning the building. He found national companies to lease the empty units with long-term leases and recommended a real estate attorney to draw up a…