M id A tlantic Real Estate Journal — March 27 - April 9, 2020 — The Best of 2019 — 43C The BEST INDUSTRY ASSOCIATION of 2019 NAIOP NJ CRE Development Association New Brunswick, NJ IOREBA Industrial and Office Real Estate Brokers Association


John Johnson, Wellington Real Estate IOREBA President

Gene Preston, Dermody Properties NAIOP NJ President

IOREBA is one of the nation’s largest and oldest regional industrial and office real estate brokers associations in the United States. From an original 33 members in 1927 who hailed from New York City, Hoboken, Jersey City, and Newark, IOREBA currently has over 300 members throughout and other states. IOREBA holds 6-8 educational/networking events throughout the year giving members the opportunity to access market information, network with other industry professionals such as brokers, developers, and owners and cultivate strategic friendships. The association has continually evolved and expanded its offerings, designing useful pro - grams and opportunities for todays changing industry. IOREBA leadership is headed by IOREBA President John Johnson, President of Wellington Real Estate and an industry veteran.

Specialties: Advocacy, Education, News and Networking Celebrating its 50th year, NAIOP NJ is the leading commercial real estate, land use and economic development resource in the Garden State. With a membership of 850+ owners, developers, investors, asset managers and related professionals in the office, commercial, industrial, mixed-use real estate and logistics sector, the organization takes a visionary approach, focusing on the economic health and well-being of the communities where they develop and acts as a resource for key decision-makers in the state. The chapter also advo- cates on a range of public policy issues and provides valuable benefits such as networking and education.


Location: Philadelphia,PA 10% increase 10 New Employees

In addition to a great fiscal year, in 2019 Colliers in Philadelphia

Location: Philadelphia, PA 49% increase of YOY Growth 17 New Employees 113 total closings in 2019, $514,007,383 volume closed, 9.67% YOY commission growth. North Eastern Closing Transactions Volume: $6,739,572,964 Northeast Division Total Transactions: 1484 North Eastern MMCC Loan Volume: $1,107,481,323 Northeast MMCC Transactions Closed: 358 Philadelphia Office Dollar Volume Closed: $514,007,383

Location: Moorestown, NJ Rental Revenue $9M to $20M-- app. 122% increase 5 to 15 employees- 200% increase Increased property holdings to 23 in the South Jersey market with more than 1.0 million SF of space. The company’s investment division raises and places eq- uity in undervalued commercial office complexes, opti - mizing performance through acquisitions with value-add capital improvement opportunities and providing inves- tors with discretion over individual assets, regular quar- terly income and long-term capital appreciation. made a record breaking spree of new hires, strengthen- ing across nearly all service lines: Retail – 2019 saw the addition of Jason Fox, the Larry Steinberg urban retail team, as well as several next gen retail associates. Investment Sales – rising star Eric Grad joined the firm Healthcare and Life Sciences – significant senior hire of medical expert Paul Rogers and “serial entrepreneur” Clifford Brechner to support the Life Sciences team Industrial – bolstered its platform with juniors George Wrigley and Cal Bailey.

Locations: Clifton, NJ , Pennington, NJ & NYC, NY 11% of increase 4.23% increase of employees

Location: Woodland Park, NJ % of increase of sales compared to last year: 20% % of increase # of employees compared to last year: 51% Completed 5 Hudson Yards And 35 Hudson Yards; Equinox Hotel and near completion 111-West 57Th Street (JDS)

Locations: Elmwood Park, Edison and Cedar Knolls, NJ 4.23% increase of employees Lee & Associates New Jersey added a third NJ location in Cedar Knolls, NJ effective 1/1/2020.

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