20B — August 14 - 27, 2020 — New Jersey/Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P eople on the M ove
Precis hires BobMetz as project executive
Virtual happy hour had 65 registrants CREW Network connects through virtual events T
expertise include overseeing space allocation and optimi- zation, budgeting, and major capital project management. Most recently, Metz served in multiple capacities overseeing real estate and project devel- opment for Merck & Co., Inc. “We are thrilled to have a person of Bob's experience and capability join our team,” said Precis founding princi- pal Robert Dick, PE . “Bob elevates our capabilities as a trusted advisor in taking projects from business case to completion. His expertise bolsters our support of projects in their infancy and better po- sitions our customers for suc- cess. Having him here makes our entire team stronger." Metz holds a Master of Sci- ence in Operations Research from George Washington University and a Bachelor of Science in Management Engineering from the U.S. Military Academy. He lives in Harleysville. MAREJ NP: Currently, we have 10 employees and are looking for additional workers. We employ people to operate our manufac- turing equipment to produce our product as well as the sup- port positions necessary for our business. The type of work each day varies and although some mechanical and electrical knowledge is needed, it is more important for our employees to be reliable, flexible, problem solvers, and able to work col- laboratively in teams. We offer above average salaries with benefits such as health care and retirement programs. PTubes invests heavily in its workforce and hires candidates looking to establish a long-term career. T: What do you see as the future of PTubes? NP: Our vision is to become a leader in the Heating, Ven- tilation, Air Conditioning, and Refrigeration Industry. Up to 45% of a building’s energy con- sumption in the United States is used for heating and cooling. PTubes continues to improve the energy efficiency of our products saving significant energy and money. T: Nicola, thank you for your time today andwe wish PTubes continued success! PTubes is located in Hones- dale at the end of main street in the former DSFI building. Troy Bystrom is a Wayne Economic Development Corporation marketing and business development professional. MAREJ
AMBLER, PA — Precis Engineering has hired Bob Metz as project executive.
Metz brings l eade r sh i p a n d h i g h - level project management skills to the firm. In his r o l e , Me t z s e r v e s a s owner’s rep-
tivating and encouraged net- working beyond the happy hour. With the flexibility to meet across states in a virtual setting, the CREW New Jer- sey, Philadelphia and Lehigh Valley chapters will continue to host meetings virtually to promote business and profes- sional opportunities for their members while staying safe. For more information or to join the CREWNJ chapter, con- tact crewnj@crewnj.org MAREJ years of experience in indus- trial real estate, specializing in assisting companies with their industrial real estate de- cisions related to distribution, warehousing, and manufactur- ing needs throughout PA and Southern NJ. He has completed more than 65 million s/f in industrial transactions since 2004. Prior to joining JLL, Wil- liams served with a number of major brokerages in PA. JLL formed its Northeast Industrial Region in early 2017, combining its industrial broker- age operations in CT, NJ, NY and PA into a single region. The firm merged its industrial business lines to better serve clients that increasingly view the industrial sector in all four states as one large intercon- nected market. The NE Industrial Market comprises 1.54 billion square feet of industrial space, and represents the largest indus- trial market in the US. MAREJ
h e C omme r c i a l Real Estate Women (CREW) Network is all about staying connected and building relationships in the commercial real estate world. Thanks to virtual ca- pabilities, the New Jersey, Philadelphia and Lehigh Val- ley CREW chapters were able to get together and have a social hour this July. It is im- portant, especially in today’s environment, to find ways to
stay involved and build rela- tionships in the industry. The virtual happy hour had 65 registrants and consisted of several rounds of breaking out into smaller groups for a more intimate setting. The conversation was mo-
Bob Metz
resentative for key projects, leading them from initial busi- ness case through construc- tion and ensuring alignment between finished projects and client goals. Metz also lever- ages his extensive experience to advise and fortify project management operations with- in Precis. Metz has over 30 years of experience providing leader- ship, project management, and strategic tactical planning within the pharmaceutical and real estate markets, as well as the U.S. military. His areas of continued from page 19B NP: We manufacture a high- er quality product that is more expensive than comparable products on the market. Our strength is the quality of our materials and excellent cus- tomer support. Getting the market to realize the value of our products took a lot of work and as a result PTubes has more than doubled its size in the last two years of operation. T: You mentioned that your ma in produc t i s RYNO ® . What is that? NP: We manufacture line sets, which is insulated copper tubing, that transports refrig- erant in an air conditioning appliance. Our proprietary process allows us to put state of the art insulation on copper tubing without an air gap sav- ing energy, money, and making the product easier to install. RYNO ® is manufactured exclu- sively in the United States at our Honesdale facility. T: Howmany units do you currently manufacture? NP: We manufacture and ship about 85,000 units a year. T: Do you use local suppli- ers for goods and services? NP: Yes, we do. Part of our company mission is to source goods and services locally as much as possible. T: You mentioned your workforce, how many em- ployees do you have and what types of jobs are available at PTubes?
JLL adds Cooper and Williams for Northeast Industrial Region
BERWYN, PA — JLL has hired Stephen Cooper and Jeffrey Williams as man-
s/f of industrial transactions. Prior to joining JLL, Cooper served with a major commercial
aging direc- tors with its Northeast In- dustrial Re- gion and will be based out of the firm’s Berwyn o f - fice. They will report to Da-
brokerage in Pennsy l va - nia, where he was responsi- ble for corpo- rate accounts, consul t ing , and advisory services, land and building
PTubes of Honesdale, PA . . .
Jeffrey Williams
Stephen Cooper
vid Knee , vice chairman and broker lead for the Northeast Industrial Region. “Steve and Jeff have been a formidable pair in PA in- dustrial real estate for many years,” said Knee. “They bring considerable knowledge of the state's industrial sector to JLL, and will be key to our continued expansion throughout PA.” Cooper has more than 40 years of commercial real estate experience, specializing in in- dustrial real estate. During his career, he and his teams have completed more than 43 million
acquisitions and dispositions. He served on the firm’s global supply chain services specialty practice group. Earlier, Cooper was the top industrial broker for many years with another major commercial brokerage in PA. He served on that firm’s executive committees for its industrial group and global supply chain services specialty practice group. Cooper received a bachelor’s degree with a double major in finance and accounting fromPA State University. Williams has more than 23
Lee & Associates grows roster, adds Fittipaldi
PENNSYLVANIA — Lee & Associates adds strategic partner to the firm. Lee & As-
and John Van Buskirk in the Eastern Pennsylvania of- fices. When speaking about their previous success together, Knowles said, welcoming Fit- tipaldi along with last month’s addition, Kimberly Jacobsen, to the Lee team is “a great fit for us." "The addition of Fittipaldi is another step in the strategic growth of our presence in the Region,” said Knowles. “We are truly a team at Lee & Associ- ates, and you can sense that. Our platform draws in creative and entrepreneurial agents that want to team up together. We thrive off of the team men- tality, we all want to win for our clients! Lee Fittipaldi is a
welcomed addition to and we’re ready to get to work with him.” Fittipaldi provides strategic insight and transactional ad- visory services for both tenant and agency clients with a focus on industrial assets. Fittipaldi has been involved in lease or sale transactions totaling more than 10 million s/f and in ex- cess of 1,100 acres of land. Lee specializes in the underwriting and analysis of development sites and assets on behalf of clients. He has structured building sale, development site sale, tenant & agency representation, build-to-suit, redevelopment, and expansion & consolidation transactions throughout his career. MAREJ
sociates has strengthened its roster yet again wi th the addition of Lee Fit- t ipa ldi as principal for I n d u s t r i a l
Lee Fittipaldi
services in the Eastern PA Region. Fittipaldi not only brings top-notch experience, but also a familiarity to his new teammates. He joins previous coworkers and now Lee & As- sociates principals, Kimberly Jacobsen, Brian Knowles
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