20A — February 2025 — M id A tlantic Real Estate Journal
www.marej.com
P eople on the M ove
Newmark bolsters DC Team with Mueller & Asbill
OODBRIDGE, NJ — NAI DiLeo- Bram & Co. W Morris County local brings expertise to new role NAI DiLeo-Bram & Co. adds Chiusolo as vice president
executive managing director and was co-head of the firm’s Agency Leasing team in Wash - ington, DC. While there, Mueller drove the expansion of the team, growing its portfolio from one million s/f in 2012 to 20 million s/f of office buildings in various prod - uct types and locations. In his new role, Asbill will partner with the Debt & Struc- tured Finance team led by vice chairman Joe Donato . Asbill has been involved in more than $10 billion in trans- actions including a number of high-profile projects in the Washington market. Asbill brings 25 years of experience structuring capital stacks across property types. His specialties include senior loans, construction loans, pre- ferred equity, mezzanine debt and investment sales. He joins from Transwestern, and previ- ously worked for JLL. MAREJ Andrew Asbill
WASHINGTON, DC — Newmark continues to strengthen its Washington,
expand our ability to deliver ex- ceptional service to our clients.” Before joining the NAIDB team, Chiusolo was a direc- tor at a NJ based commercial real estate firm specializing in distribution, supply chain man- agement and transportation. In this role, he orchestrated and structured transactions representing owners, investors and end-users. “I’m excited to join NAI DiLeo-Bram & Co. and con - tribute to its legacy of col- laboration and relationship building across New Jersey’s commercial real estate land- scape,” said Chiusolo. “In addi- tion, I am also looking forward to leveraging the resources available through the NAI Director. “Will was promoted due to his strong leadership and commitment to supporting the growth and development of our business and our talented people across New Jersey.” Forcello has extensive knowl- edge of all facets of CBRE’s Advisory business, having pre- viously served as an advisory professional himself as well as leading various business units through his more than 16 years at CBRE. He has a unique professional story that incorporates exposure to many of the firm’s key business seg - ments, providing him a deep understanding of the company, business, and industry—a solid foundation that will help him lead CBRE into the future. “I want to thank my col- leagues at CBRE for their hard work and dedication,”
Global platform and broaden my business geographically.” A graduate of Ramapo Col- lege of New Jersey, where he earned a B.S. in marketing, he is also an active member of the Elks Club. With Chiusolo as its third new hire in the past few months, NAIDB continues to bolster its presence in North- ern and Central New Jersey. The firm focuses on office, industrial, retail, investment and land development op- portunities across the state. With more than 87 years of brokerage expertise, the firm subscribes to a custom - ized approach to meeting the unique goals of its clients and customers. MAREJ said Forcello. “I am confident that working together we will continue to thrive and uphold our position as the number one commercial real estate firm in New Jersey.” During his time at CBRE, Forcello has consistently dem- onstrated his leadership as well as industry, financial and operational acumen. In 2018, he established the CBRE NJ Rising Professionals Commu- nity to serve as a networking group for junior talent within New Jersey’s commercial real estate industry. In 2019, he was recognized as CBRE’s Sales Management Professional of the Year, and in 2022, NJ BIZ named him one of its Next Gen- eration Leaders, a prestigious cohort of business professionals poised to take New Jersey into the future. MAREJ & Sons’ 386,400 s/f headquar- ters lease in Hoboken, NJ; and Securitas’ long-term head- quarters lease in Parsippany, NJ. Over the years, Foley has also represented International Paper in more than 9.0 million s/f of deals throughout the U.S. Foley’s work has been recog- nized with numerous industry awards such as SIOR’s Largest Office Lease (New Jersey) for the John Wiley & Sons transac- tion, NAIOP’s Deal of the Year for Eisai Co., Ltd.’s lease, and SIOR’s Largest Office Lease for the New Jersey Tpke. Author- ity’s headquarters lease. MAREJ
DC pres- ence with the addition o f Doug Mueller as vice chair- man and And r ew Asbill as executive managing director.
(NAIDB ) has welcomed Christopher J. Chiusolo to the role of VP. The Mor- ris County, NJ resident brings exten- sive real es-
Doug Mueller
Mueller will spearhead agency leasing efforts in Washington, DC, focusing on office landlord representation. In 2024, Mueller’s team com - pleted over 100 transactions, one every three days, resulting in their being recognized as CREBA’s 2024 Top Agents of the Year. Further highlighting his robust track record, he has successfully closed more than 1,000 transactions over the course of his career, represent- ing more than 20 million s/f, with an aggregate deal volume of more than $5 billion. Mueller joins Newmark from JLL, where he served as an
Chris Chiusolo
tate transaction expertise to his new role, which will focus on the sales and leasing of in- dustrial properties. “We are delighted for Chris to join our team,” said David A. Simo n, COO of NAIDB. “Chris’ experience, enthusiasm and proven track record will
CBRE promotes William Forcello to senior managing director and NJ market leader
SADDLE BROOK, NJ — CBRE announced Will For- cello has been promoted to se-
nior manag- ing director and New Jer- sey Market leader. For- cello previ- ously served as interim New Jer- sey Market
Redgate names four new principals
BOSTON, MA — Redgate , one of the leading real estate advisory, owners’ representa- tion and investment firms, announced the promotion of four key leaders to princi- pal: Peter DeLuca, Kristi Dowd, Alex Dubanowitz, and Laura Gregoriadis . They join the firm’s six exist - ing principals in ensuring the company fulfills its mission to enrich lives and communities by unlocking the power of real estate, while champion- ing initiatives that main- tain organizational health. Redgate prides itself on fos- tering generations of leader- ship across its growing firm; and Peter, Kristi, Alex, and Laura are key components of the company’s fulfilling of its long-term business plan. This exciting announcement un- derscores Redgate’s proactive approach that has proven to deliver best-in-class real estate advisory services and groundbreaking develop- ments across the East Coast and beyond. “As we embark on our 15th year and plan for the next 15 years and beyond, Peter, Kristi, Alex, and Laura are certainly at the center -- they are each instrumental in propelling our mission for- ward, driving value for our
Will Forcello
Leader until this appointment. “I am delighted to announce Will’s promotion to Senior Managing Director and NJ Market Leader and look for - ward to collaborating with him as CBRE develops and implements strategic plans to expand our market domi- nance, increase revenue, and drive profitability,” said Rob - ert Caruso, Senior Managing
clients, and embodying our core values that are built on leadership, connection, and humility,” said Kyle War- wick , a founding principal at Redgate. “As Principals, we are equally invested in the growth of our people as we are the company-- Peter, Kristi, Alex, and Laura each fully understand how the two must complement each other as we continue to grow and position ourselves for the future. On behalf of Redgate, we have the upmost of confi - dence that they will lead us into the next chapter with enthusiasm, critical thought, and excellence.” MAREJ First Row: Peter DeLuca, Kris- ti Dowd; Second Row: Alex Dubanowitz, Laura Gregoriadis
RUTHERFORD, NJ — Cresa announced that Dan Foley has joined the company Previously, he was the founder of tenant representation firm Strategic Alliance Partners. He started his career at CBRE. Foley is a recognized corpo- rate headquarters relocation expert and has arranged some of New Jersey’s largest, most complex transactions during his career, including the state’s biggest headquarters deals four out of the last 10 years. Some of those include the New Jersey Turnpike Authority’s 210,000 headquarters lease in Woodbridge, NJ; Eisai Co., Ltd.’s 335,000 s/f headquarters lease in Nutley, NJ; John Wiley Dan Foley joins Cresa as a managing principal Dan Foley as a manag- ing princi- pal with the firm’s Ruth- erford office and will serve large office and indus- trial clients throughout the NE corridor. A veteran of the industry and prolific dealmaker, Foley joins from Savills, where he was one of the region’s top producers.
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