Real Estate Journal — The Year in Review 2018 — December 28, 2018 - January 10, 2019 — 21C
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M id A tlantic
Capital Realty’s Greenstein arranges milestone $130M transaction in Bayonne/Union City Goldman Sachs Asset Management PRE acquires an 821- unit multifamily property in Philadelphia Endurance announces the signing of a 60,225 s/f lease at 279 Canal in Lower Bucks County The Blau & Berg Company brokers 100,400 s/f warehouse Avanath Capital Management expands East Coast footprint; acquires 270+ housing units High Real Estate Group LLC celebrates $39.4 million expan- sion with community leaders Philadelphia 76ers & Buccini/Pollin Group break ground on state-of-the-art 76ers fieldhouse 10 of Kaplin Stewart’s lawyers named Best of 2019 Mindy Sayres of GZA promoted to associate principal Atapco Properties & CREG joint venture acquire 52-acre former Paragon Outlets site Vocon designs Compass’ Headquarters office in New York City Algon Group finds solutions for real estate owners challenged by changing retail market dynamics RD Management signs leases with Pacific Dental Svcs. & CycleBar at Milford Crossing HSP Real Estate Group and NAI Mertz bring City Winery to Fashion District Philadelphia Bennett Williams Commercial handles 120,983 s/f in retail transactions AUG. 24 - SEPT. 13, 2018
Year in Review 2018
Following expansion into Miami, Raleigh and Cincinnati Lee & Associates eyes new Washington, DC office
OLUMBIA, MD — The recent opening of four Lee & Asso- ciates full-service commercial real estate brokerage offices in Miami, Florida; Raleigh, North Carolina; and Cincin- nati, Ohio leaves Boston and the Washington, D.C./North- C NAI Mertz touts successful 2018, expands its team . . . At its Wilkes-Barre, PA office, Tila Paris is now serving as brokerage assistant. The firm continues to actively recruit new professionals at all of its office locations. In the first quarter of 2018, Dave Weaver, VP of NAI Mertz of PA in Wilkes-Barre, Penn- sylvania, earned the SIOR designation from the Society of Industrial and Office Realtors ® , the leading professional com- mercial and industrial real es- tate association. Dave became NAI Mertz’s tenth employee to earn the SIOR designation. The NAI Mertz team worked diligently throughout the year to provide its clients with the best services and deepest in- dustry knowledge while helping them achieve their business goals. This is evidenced in the many accolades the firm was awarded in 2018 including: • NAI Mertz was named one of Philadelphia Business Jour- nal’s Largest Family-Owned Businesses • CEO, Barry Mertz, for the fourth consecutive year, was named to South Jersey Biz’s Power 50 • Scott Mertz, SIOR, Presi- dent of NAI Mertz, was recog- nized as one of South Jersey Biz’s Who’s Who in Real Estate • Scott Mertz was also named a CoStar Power Broker for Industrial Leasing in the Phila- delphia Market • NAI Mertz, was named CoStar Power Broker Top Sales and Top Leasing Firm in the Philadelphia Market • Roy Kardon, SIOR, served as president to New Jersey Chapter for SIOR. Barry Mertz, SIOR, CEO, said, “As we approach our 40th year in business I’m incredibly enthused by the lift our com- pany is realizing as we head into 2019. The market is strong, our team is growing, our base is stable while our company continues to evolve to meet the ever-changing needs of our valued clients.” continued from page 10C
ern Virginia region as the last remaining major markets on the East Coast of the United States without a Lee & As- sociates presence. That could change soon, according to Al- lan Riorda, SIOR, President/ Principal, Lee & Associates in Maryland, who indicates the company is currently search- ing for the “right fit” in the Nation’s Capital, with a new office expected to open within the next two years. “The DC/Northern Virginia office will leverage and ex- pand upon the tremendous relationships our Maryland team has created and fostered
among commercial real estate owners, investors, companies, brokerage firms and related professionals,” explained Allan Riorda of Lee & Associates. “We currently service sections of that region and believe exist- ing fundamentals including a diverse corporate base, proxim- ity to the Federal Government, a strong labor market and mod- ern infrastructure network will continue to build momentum in the foreseeable future. At this point, we are working to identify the appropriate office location to service the region, which will be followed by a strong recruitment effort.”
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