Transwestern Brings on Real Estate Industry Veterans
(AUGUST 9, 2012 – PARSIPPANY, NEW JERSEY) – Transwestern today announced that it is continuing its strategic growth in New Jersey and expansion of its Northeast regional presence by hiring two commercial real estate industry veterans, Nick Kim and Lori Zuck, to serve as managing directors here.
Nick Kim will be responsible for overseeing and directing local efforts in the Northeast industrial division. In addition, his responsibilities will include new business development with local and multinational clients with a broad range of commercial real estate services, encompassing strategic planning, transaction management, investing, project coordination, negotiation, market expertise and site acquisition for development.
With more than 20 years of commercial real estate experience, including particular expertise in real estate finance, investments, development, logistics and supply chain, Kim comes to Transwestern from Colliers International, where he specialized in office and industrial tenant representation. He has also served at Cushman and Wakefield and Jones Lang LaSalle, where he focused on working with Fortune 500 Asian companies.
Kim received a bachelor’s degree in economics from Rutgers University, as well as a master’s degree in real estate investment and finance from New York University.
As managing director of Transwestern, Lori Zuck will service industrial corporate users and owner/landlords through the entire process of their real estate matters. She specializes in strategic planning, developing long-term real estate solutions and implementation for clients and has 25 years of commercial real estate experience including expertise in industrial real estate matters for corporate users and owner/landlords.
Prior to joining Transwestern, Zuck served as managing director at Colliers International for 16 years in its industrial division and represented clients such as Fresh Direct, Breeze-Eastern, UniFirst, State Farm, Work Flow, Sears, Mandelbaum & Mandelbaum, Woodmont Properties and Hartz Mountain Industries.
Previously, she served at Cushman and Wakefield in its Industrial Technology group, representing clients such as Tiffany, Calvin Klein, Harmon Discount, Esselte Pendflex and TMC Properties.
Zuck received a bachelor’s degree in business/finance from Boston University’s School of Management and is a board member for the Morris County Economic Development Corporation.
“When we started to handpick our new team here in New Jersey we definitely had people like Nick and Lori in mind,” said James Postell, Principal, who runs the Parsippany, New Jersey office. “They both have tremendous depth of experience and commitment to client service that will help up develop key local relationships.”
Transwestern’s New Jersey office represents both tenants and landlords and provides strategic investment services, property management, agency leasing, tenant advisory and investment management capabilities to buyers and sellers of commercial real estate. The strategic expansion into New Jersey complements the company’s 2011 creation of a Northeast regional presence with offices in New York City and Greenwich, Connecticut.
With the opening of the New Jersey office, Transwestern operates in 31 corporate offices across the U.S. and currently leases and manages over 1,200 properties, representing 258 million square feet of office, industrial and retail space. In 2011, Transwestern completed leasing, sales and finance transactions totaling $6.46 billion.
Transwesternis a national, privately-held operating company specializing in commercial real estate services, investment and development. The firm’s fully integrated approach delivers value to owners, investors and users of commercial real estate through innovation, penetrating market intelligence and legendary service delivered by teams of local experts. Transwestern has product specialties in office, industrial, retail, multifamily and healthcare and is an industry leader in sustainability solutions and in market research through its affiliate, Delta Associates.
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