Leading New Jersey business publication NJBIZ has named Resource Realty of Northern NJ a 2024 Leader in Real Estate, Construction and Design.
Recognized in the company category, Resource Realty has been acknowledged for its transaction achievements and expansion into new submarkets throughout the Hudson Valley Region.
Pictured from left to right are Principals Greg Sabato, SIOR and Scott Peck, SIOR; Linda Julien, office manager; and Principals Tom Consiglio, SIOR and Brian Wilson, SIOR.
Among the notable transactions that garnered Resource Realty this recognition is a series of transactions involving one of New Jersey’s premier warehouse assemblages – Ridgedale Industrial park, a 1.2MSF logistics hub in East Hanover, N.J.
The firm represented Urban Edge in a series of transactions – two acquisitions and one disposition to achieve a 100% lease up – at the park. In total, Resource Realty arranged seven new leases totaling 546,000 SF with a $38.9M value and spearheaded the expansion of the campus’ footprint. In addition to shaping the repositioning plan and engineering the park’s expansion, Resource Realty assisted in the sale of the park by Urban Edge to a large institutional investment entity, on behalf of whom the firm continues to serve as the exclusive leasing agent.
