16B — December 24, 2021 - January 20, 2022 — New Jersey/Pennsylvania — M ID A TLANTIC Real Estate Journal



Hines taps Segal to lead Philadelphia market

S Event celebrates individuals, fi rms & deals of the year NAIOP NJ’s 34 th Annual Gala honors CRE leaders Photo Credit: Gary Gellman, Gellman Images

titlement and development of over 1,100 luxury multifamily units, 1.4 million gross square feet and $450 million in total project costs. Prior to his time at LCOR, Brandon worked at Rotelle Development Compa- ny, where he coordinated the land development for single family residential construc- tion along with developing and supporting the implementa- tion of a new business model. Born and raised in Phila- delphia, Brandon earned his MBA from Villanova Univer- sity along with a BA from Penn State University and is a member of NAIOP Greater Philadelphia Board of Di- rectors and NAIOP National Mixed-Use Development Fo- rum. “I am honored to be joining the Hines team and working in my hometown of Philadel- phia,” said Segal. “With ambi- tious plans and a robust pipe- line already in place, I look forward to increasing Hines presence across the city.” Hines previous experience in the Philadelphia market includes the development of 1213 Walnut. Completed in 2018, the 26-story for-rent luxury residential tower fea- tures 322 units and 7,400 s/f of retail space in Philadelphia’s Midtown Village neighbor- hood. MAREJ erty disposition and property management. NAI Fennelly’s success stems from the leader- ship of industry expert Jerry Fennelly, SIOR, whose deep understanding of its target markets and unparalleled expertise enables clients to capitalize on untapped op- portunities throughout New Jersey and Pennsylvania. “Our depth of experience and expertise in commercial real estate will provide NAI Fennelly with the right mix of traditional and digital market- ing strategies to help increase their market authority and drive qualified leads,” said Tiffany Miller , executive vice president at R&J Stra- tegic Communications. “NAI Fennelly has a great industry reputation and we’re excited to partner with them and le- verage our real estate team’s unparalleled understanding of both the evolving media landscape and competitive regional real estate market to contribute to their ongoing success.” MAREJ

PHILADELPHIA, PA — Hines , the international real estate firm, announced it is

expanding its presence in the East Re- gion by plac- ing renewed focus on the Philadelphia market . To l e a d t h i s e xpans i on ,

OMERSET, NJ — The Garden State’s commer- cial real estate commu- nity recognized the achieve- ments of leading professionals and organizations and the state’s most impactful transac- tions of 2020 as NAIOP New Jersey hosted its 34th An- nual Commercial Real Estate Awards Gala. The sold-out black-tie event was held at The Palace at Somerset Park on October 7. In his opening remarks, NAIOP NJ president Con- stantino T. “Gus” Milano , president and COO of Hartz Mountain Industries , said, “New Jersey is one of the best commercial real estate mar- kets in the nation thanks to those who develop and execute transactions. Tonight’s honor- ees truly represent the best of real estate and economic development. We are inspired by their commitment to excel- lence in transforming New Jersey communities, and all of them will have an enduring positive impact on our state, our industry and our associa- tion.” The commercial real es- tate development associa- tion announced earlier this year that it was renaming its prestigious annual Life- time Achievement Award in honor of the late industry icon, Charles Klatskin. The inaugural Charles Klatskin Lifetime Achievement Award was presented to his son, Alex Klatskin , general partner of Forsgate Industrial Part- ners. The Teterboro-based private real estate develop- ment and investment firm has built and owns over 10 million s/f of industrial properties in New Jersey. “On behalf of the Klatskin family and Forsgate Indus- trial Partners, thank you for naming the Lifetime Achieve- ment Award for my father. I know he would be honored,” said Klatskin, who has served NAIOP NJ as a committee chair, trustee and chapter president, and was the 2011 National Chairman of NAIOP Corporate. Speaking about how lucky he is for the support, talent and contributions of his family, team and business partners, Klatskin said, “And I am lucky to have found NAIOP. It has given me the opportunity to be subject to peer review, which is

Brandon Segal

Hines has hired Brandon Segal as managing director in Philadelphia. In this role, Se- gal will work closely with busi- ness leaders, liaise with teams on upcoming projects and col- laborate with city heads and functional leaders to ensure alignment on strategic goals as the firm plants a flag in this exciting new market. “Establishing our presence in Philadelphia is an impor- tant part of our strategy to be an active player in the major markets in our region, and to continue to grow and diver- sify our business,” said Sarah Hawkin s, CEO East Region for Hines. “We are excited to welcome Brandon to the Hines team and grow our real estate footprint.” Segal joined Hines from LCOR where he led the rees- tablishment of the firm’s Phil- adelphia development office, which included the design, en- BRIDGEWATER, NJ –– R&J Strategic Communica- tions , a full-service integrated marketing and public rela- tions agency, has been named the agency of record for NAI Fennelly , one of New Jer- sey and Pennsylvania’s most experienced and successful independent full-service com- mercial real estate solutions providers. R&J will create and implement a comprehensive integrated communications strategy to help NAI Fennelly grow its market position to achieve its business goals in an ever-changing and competi- tive real estate market. Since 1986, NAI Fennelly has been singularly focused on providing local, regional and national clients with a comprehensive end-to-end commercial real estate ex- perience. Taking a strategic approach, NAI Fennelly’s commercial real estate ser- vices include site search and selection, industrial sales and leasing, office sales and leas- ing, corporate land sales, prop-

Shown from left: (Standing) Michael McGuinness (NAIOP NJ), Marc Berson (Fidelco Realty Group), Dave Gibbons (Elberon Development Group), Meryl Gonchar (Sills Cummis & Gross PC), Robert Kossar (JLL), Mark Shearer (Rockefeller Group), Eugene Diaz (Prism Capital Partners), Gus Milano (Hartz Mountain Industries), Reid Brockmeier and Brenda Nyce-Taylor (Gensler). Front row: Anne Evans Estabrook (Elberon Development Group), Joshua Burd (Real Estate NJ), Peter D. Sudler (Sudler Com- panies), Assemblywoman Eliana Pintor Marin, Joel Bergstein (Lincoln Equities Group), and Alex Klatskin (Forsgate Industrial Partners).

important for any family busi- ness member.” Sud l e r Comp a n i e s ’ chairman and CEO Peter D. Sudler and Gensler ac- cepted the Impact Awards in recognition of their influence on the industrial and office development communities. Joshua Burd , editor of Real Estate NJ , was honored with the Industry Service Award for his considerable contributions in support of the commercial and industrial real estate in- dustry’s goals. The Caren S. Franzini Pub- lic Partner Award, which rec- ognizes champions of economic development that inspires and transforms communities, was presented to Assemblywoman Eliana Pintor Marin . Deal of the Year Awards Office and Industrial Deal of the Year winners were selected based on impact on the commu- nity and marketplace; degree of complexity and/or unique- ness; innovative strategies; and creative problem solving. Office Award: Eisai Inc. HQ Lease at Prism’s ON3 (Nut- ley). Eisai Inc.’s lease of 200 Metro Boulevard at Prism Capital Partners’ ON3 marked New Jersey’s largest 2020 office

lease and brought the multi- use campus’s 1.45 million s/f of existing product to 100% oc- cupancy. Involved in the deal: Prism Capital Partners; Eisai Inc.; Savills ; and Cushman & Wakefield . Industrial Award: Freez- Pak Logistics Center (Elizabeth and Newark). Owned by a partnership between Elberon Development Group and The Fidelco Group , the com- plex redevelopment project is a 75-foot-high freezer ware- house located in two urban municipalities. Involved in the deal: Elberon Development Group; The Fidelco Group; FreezPak; JLL ; Langan Engi- neering and Environmental Services; Ware Malcomb; Chiesa Shahinian &Gianto- masi PC; Orloff, Lowenbach, Stifelman & Siegel, P.A.; and Preferred Industrial Properties . A special Judges’ Transfor- mation Award went to Lin- coln Logistics Bayonne for the 886,256 s/f lease from UPS for a regional hub and package distribution center at the new 152.9-acre industrial park. Lincoln Equities Group and Cushman & Wakefield were involved in the deal. MAREJ

NAI Fennelly selects R&J as PR and digital marketing agency of record

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