Cresa's New Jersey Office Relocates, Doubles Footprint and Expands Team
Following Record Year, Cresa NJ Moves to approximately 4,500sf offices at 301 Route 17 North in Rutherford NJ; adds two senior brokers
RUTHERFORD, N.J. (March 14, 2024) – Following a record year with earnings up by 48 percent, the New Jersey office of Cresa is pleased to announce it has moved to 301 Route 17 North, in Rutherford, NJ, doubled its space, and added two new senior brokers to the team, comprising Garrett Rioux, Senior Vice President, and Dennis W. McConnell, Principal. Led by Managing Principals Dennis Gralla and Jonathan Marks, the New Jersey office has committed to a long-term lease for the fully renovated 4,465-square-foot office suite, which is close to their previous location at 201 Route 17 North.
“In the past few years, we have grown from three to twelve people, and added industry-respected professionals who are experts in a variety of asset categories, including industrial office, life sciences, and healthcare,” says Mr. Gralla “The result has not only been a dynamic increase in transactions, but it has also helped attract new talent.”
Adds Mr. Marks, “We have an incredible team and welcome Garrett Rioux, who joins us from CBRE, and Dennis McConnell, formerly an executive vice president at JLL. It is this caliber of talent and focused expertise that continue to bring in new clients and maintain well-established relationships.” With Cresa’s continued market share growth and increased portfolio business, the New Jersey office anticipates expanding its occupier-focused team in 2024 and beyond. Cresa has been in the New Jersey market for more than 25 years, with the current leadership team of Dennis Gralla, Jonathan Marks, and the late James Scancarella in place since 2017. Its area of focus encompasses 21 primary submarkets between New York City and Philadelphia. As part of a fully integrated platform, the New Jersey team provides advisory and transactional services, along with project management, to a wide range of industries.