June 2023

12B — June 2023 — New Jersey/Pennsylvania — M id A tlantic Real Estate Journal

www.marej.com

P eople on the M ove

Kennedy succeeds McGuinness as CEO NAIOP NJ honors industry leaders and transactions

ASHINGTON, DC — The Society of Industrial and Hanna Langholz Wilson Ellis pres. to serve 2-year term SIOR elects Michael Connor as regional dir. for Mid Atlantic W

family’s involvement in SIOR was championed further by Connor’s uncle, Gary Wil- son , who became a member of the organization in 1993, was president of the West- ern Pennsylvania chapter in 1996 and 2004 and has had a decorated career as a broker and developer. Believed to be one of the youngest in the organization’s history to hold the regional director position, Connor (30) views this election as an honor and an enhancement to his family’s legacy. “The SIOR designation rep- resents the epitome of excel- lence in the world of office and industrial real estate and securing it has been a goal of mine since I began working in CRE brokerage in 2015. I’ve had incredible mentorship and guidance throughout my brief career, and I felt incredibly honored to have achieved that goal just a few months ago. This election has amplified my excitement about SIOR as an organization and I feel incred- ibly fortunate to have been selected for this opportunity. I look forward to getting to work and being a champion for the region, and the organization.” Connor, an Office Special- ist as classified by SIOR, has ample local experience repre- senting occupiers in need of across the company’s south- eastern multifamily portfolio. Previously, Janney served as a senior property manager for Greystar, where he over- saw a portfolio of 1,800 units and successfully leased-up multiple properties within his portfolio while achieving 92% occupancy or higher across all properties he managed. “As we expand our south- eastern multifamily portfolio, it’s critical that we continue to build a property manage- ment team that can cultivate an unmatched residential ex- perience across our portfolio,” said Greg Brown , COO of Denholtz Properties. “Derek’s considerable experience in the Southeast and proven expertise in implementing strategies that drive immedi- ate results will be essential as we grow.” Janney added, “Throughout my career, I’ve taken great

professional office, laboratory, R&D and otherwise “flex” space, as well as representing property owners looking to fill their assets with companies fitting the aforementioned oc- cupant profile. He joined SIOR as a Member Associate in 2020 and just recently earned the SIOR designation in December of 2022. Connor is an award-winning practitioner within the SIOR Western Pennsylvania chap- ter as a recipient of awards such as Emerging Broker of the Year (2019), Office Sale of the Year (2022) and Invest- ment Sale of the Year (2022). Connor is a product of Fox Chapel Area High School in Pittsburgh, Pennsylvania. He graduated with Magna Cum Laude standing from Clarion University of Pennsylvania with degrees in Marketing and Finance. The Society of Industrial and Office Realtors (SIOR) is the leading society for in- dustrial and office real estate professionals. Individuals who earn their SIOR designation adhere to the highest levels of accountability and ethical standards. Only the industry's top professionals qualify for the SIOR designation. Today, there are more than 3,700 SIOR members in 722 cities and 45 countries. MAREJ pride in creating meaningful outcomes at a wide range of multifamily properties. As I step into my new role, I look forward to leveraging my ex- perience to continue to build upon Denholtz Properties’ reputation for superior asset management and operational excellence across the region.” Aiming to further bolster its multifamily team, Den- holtz Properties also recently tapped Jehna Kubichek to serve as a regional resi- dential support coordinator. With nearly 15 years of expe- rience in property manage- ment and a proven history of implementing strategies to overcome operational chal- lenges, Kubichek will ensure proper support, coordination, training for new team mem- bers, onboarding of new prop- erties and auditing across Denholtz Properties’ multi- family properties. MAREJ

Office Real- tors (SIOR) r e c e n t l y elected Mi- chael Con- nor, SIOR , vice presi- dent of Han- na Langholz Wilson Ellis

Michael Connor

in Pittsburgh, to serve a two- year term on the SIOR regional director in the Mid-Atlantic Region. He will assume the position at SIOR’s Fall 2023 conference in Chicago this October. Connor will serve as the liaison between the SIOR Board of Directors and SIOR Chapters in Pittsburgh, Philadelphia, Washington, D.C. Baltimore, Delaware and Northern Virginia Connor’s involvement with SIOR marks a continuation of his family’s ties to the organization which now ex- tends over four generations. Connor’s great-grandfather, C harles R. Wilson , became a member of the Society of Industrial Realtors in 1962 (“Office” practitioners were welcomed in 1986 resulting in the enhancement of the desig- nation from SIR to SIOR) and was the Western Pennsylva- nia Chapter VP in 1971. His

NAIOP NJ 36th Annual CRE Awards individual and Deal of the Year honorees and presenters (credit: Gary Gellman, Gellman Images)

of complexity and/or unique- ness, innovative strategies, and creative problem solving. • Office Deal of the Year: Avis Budget Group at Lati- tude, Parsippany. Involved in the deal: Vision Real Estate Partners, Rubenstein Part- ners; Newmark; CBRE; Charles Applebaum, Esq.; Fox Rothschild; Green- baum, Rowe, Smith & Da- vis LLP; and Giordano Halleran & Ciesla . • A special Judges’ Transfor - mation Award went to Fiserv NJ HQ at Connell Corporate Center, Berkeley Heights. The firm’s 411,954 s/f, long- term lease at The Park was NJ’s largest new office lease in 2022. Involved in the deal: Cushman & Wakefield, The Connell Company, Fiserv, VVA Project Management Company, GS Ferguson Group LLC, Mancini Duffy, Ted Moudis & Associates, Structure Tone, Robert Derector Associates, and Husch Blackwell LLP . • Industrial Deal of the Year: Monroe 8A Logistics Center – Home Depot, Monroe. One of the largest warehouses in NJ, the 1.28 million s/f industrial development was able to secure a long-term lease with Home Depot, which was represented by CBRE . Involved in the Deal: Brookfield Properties, JLL, Sansone, QuadReal Property Group, Colliers, Apollo, CSG Law, ARCO Design/Build, Langan and Bob Smith & Associates. CEO McGuinness NAIOP NJ CEO Michael McGuinness , who announced that he is retiring in July, received a special Leadership Legacy Award. McGuinness will be succeeded as CEO by Dan Kennedy . MAREJ Recognized for 26-Year Legacy

SOMERSET, NJ — New Jersey’s commercial real es- tate community recognized the achievements of its in- dustry leaders and the state’s most impactful transactions as NAIOP NJ hosted its 36th Annual CRE Awards Gala. 2023 COMMERCIAL REAL ESTATE AWARDS HONOREES The Charles Klatskin Life- time Achievement Award was presented to Robert Donnel- ly Sr. , executive vice chairman of Cushman & Wakefield , in recognition of his distin- guished career in service to the commercial real estate industry and the commu- nity. Christopher Paladino , president of New Brunswick Development Corp. , and George Jacobs , president of Jacobs Enterprises Inc. , accepted the Impact Award, which honors firms and/or individuals that have had a significant impact on NJ's commercial and industrial real estate development industry. The Industry Service Award was presented to Meryl A.G. Gonchar, Sills Cummis & Gross PC , in recognition of her consider- able contributions in support of the industry’s goals. NJ’s Lieutenant Gov., the Hon. Sheila Y. Oliver , received the Caren S. Franzini Public Partner Award, which hon- ors champions of economic development that inspire and transform communities. 2023 DEAL OF THE YEAR AWARDS NAIOP NJ recognized the year’s most impactful real es- tate transactions. Office and Industrial Deal of the Year winners, along with a special Transformation Award were chosen by a panel of judges based on impact on the commu- nity and marketplace, degree

Denholtz Props. adds Janney as multifamily regional manager for their Southeastern multifamily portfolio

RED BANK, NJ — Den- holtz Properties announced the hiring of Derek Janney

as multifam- ily regional manager for their South- e a s t e r n multi fam- ily portfolio. The addition of Janney strengthens

Derek Janney

Denholtz Properties’ signifi- cant in-house property man- agement capabilities as it con- tinues to grow its southeastern multifamily portfolio. Janney brings 10 years of ex- perience in proactive commu- nity management to his new role with Denholtz Properties. As multifamily regional man- ager, Janney will leverage his experience to streamline prop- erty management operations to more efficiently onboard and lease-up new acquisitions

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