Inside Cover A — September 30 - October 13, 2016 — M id A tlantic
Real Estate Journal
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ZIMMEL ASSOCIATES CORPORATE REAL ESTATE SERVICES 1090 King Georges Post Road, Suite 808, Edison, NJ 08837 (732) 661-9200 • Fax: (732) 661-9617 • www.zimmel.com
Zimmel Associates Marks 30 Years of Real Estate Excellence
New Heights As Zimmel Associates, the Edison, NJ based cor- porate real estate services firm marks its 30th year in business, David Zimmel, president and CEO says, “The past three decades have flown by like lighten- ing. It is amazing how much our industry and company have evolved over the years.” Zimmel’s firm, located in Raritan Center, spe- cializes in the leasing, sale and management of industrial, office and investment properties and represents more than five million sq. ft. of exclu- sive space in Union, Middlesex, Monmouth and Somerset counties and surrounding areas. Consistently named a Power Broker by CoStar, Zimmel Associates had its highest grossing year to date in 2015. The firm recently gained the attention of the national commercial real estate community when it was ranked 12th in the na- tion for first half office sales by Real Estate Alert, which tracks sales of U.S. properties over $25 million. Zimmel’s father and business partner for 27 years, Bernard Zimmel (1928-2014), would have David Zimmel
The Zimmel Associates team, left to right: Joel Natter, executive vice president; Jordan Zimmel, vice president; David Zimmel, president; Jaime Zimmel, vice president; and Jason B. Zimmel, sales associate.
appreciated the firm’s latest milestones, the CEO says. Bernard Zimmel, who worked well into his mid eighties, was
the first of three generations of Zim- mels who have chosen careers in NY/ NJ metro area commercial real estate.
Early Days Father and son team Bernard and David Zimmel formed Zim- mel Associates in the summer of 1986. In the mid 1980’s both were working for the same New Jersey real estate brokerage firm when they were invited to join a new firm and have a partnership interest in it. It was an exciting offer. David Zimmel asked an important cli- ent whose opinion he respected what he thought about it. The client was Jack Denholtz, founder of Denholtz Associates. The prominent developer said, “Why not start your own company? We would work with you wherever you go.” “That advice inspired us to establish our own firm and we were a great team for many years,” says Zimmel. “ Some people find it hard to believe, but we never had a serious argument in all of our years of working together. If we disagreed, we always talked it out.” When queried about the most important things he learned from his father, Zimmel says, “My father was a hard worker and believed in being straight up all the time. He always told it like it was. Clients respected him for that. Integrity is the most important part of our firm’s culture. “He was a creative thinker too. He originated the concept of flex space for the industrial market and shared that idea with Jack Denholtz in 1969. It had major impact on the marketplace. “Denholtz developed quite a few flex buildings and named us exclusive broker for a number of them. It gave us a lot of visibility in the industrial market that continues to this day.”
From left: Bernard Zimmel (1928-2014) and David Zimmel founded Zimmel Associates in 1986 as a dynamic father and son team, a tradition that continues at the firm .
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