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Bergman Real Estate Group Moves Corporate Offices to Woodbridge
Towers in Iselin, NJ.
Iselin, NJ, April 2002
Bergman Real Estate Group, a family owned real estate firm specializing
in the ownership, management and leasing of commercial office
buildings, has moved its offices from North Brunswick, New Jersey
to Woodbridge Towers located at 555 Route 1 South in Iselin,
New Jersey. The relocation to larger corporate offices was necessary
to accommodate the firm's continued growth, and plans for expansion
in 2002 and beyond.
The 85,000 square foot class A office building was purchased
by Bergman Real Estate Group and its primary joint venture partner,
Manhattan Management Company in 1995. The 4-story office building
is located across from the Woodbridge Center Mall on US Route
1 South, and within close proximity to the Garden State Parkway
(Exit 130), the New Jersey Turnpike (Exit 11), I-287, Routes
9, 27 and 440.
"We simply outgrew our former space," says Michael
Bergman, Principal and Vice President of Leasing and Marketing.
"Our company has enjoyed steady growth over the past six
years primarily attributable to our acquisition activities.
In that time, we carefully assembled a portfolio of office buildings
throughout the garden state of New Jersey, which presently consists
of 12 properties and about 1 million square feet of office space."
The following are among the firm's most recent acquisitions:
155 Passaic Avenue in Fairfield, NJ, an 88,000 square foot office
building purchased in joint venture with Manhattan Management;
and 100 Davidson Avenue in Franklin Township, a 63,000 square
foot building purchased jointly with Grand Realty Group.
Bergman Real Estate Group has positioned itself as an intricate,
entrepreneurial business which has brought together the full-time
efforts of real estate professionals who excel in their specific
areas of expertise including: Acquisition, Ownership, Management,
Leasing, and Financing of commercial office buildings.
The company prides itself on its professionalism, its hands-on
ownership/management approach in running its properties, and
its primary focus on Tenant Satisfaction. "If our tenants
renew their leases," explains Michael Bergman, "then
we know we're doing something right, and that serves as a reward
to our diligent efforts to continually keep our tenants happy."
Bergman Real Estate Group has a proven performance record in
acquiring and operating well located, under-performing properties
that have produced higher cash returns and value appreciation
on behalf of its joint venture partnerships.
"Our value approach and disciplined underwriting have been
the driving forces for our success," notes Jerome Bergman,
President and CEO. "In addition, the complete scope of
our in-house services, and the hard work and dedication of our
people have been an essential factor in assuring that our properties
will be excellent producers in the marketplace."
Bergman Advisors is the consulting and brokerage arm of Bergman
Real Estate Group, and provides a variety of real estate services
for third party clients. The services include: acquisition due
diligence, asset management, asset workout, brokerage (sales/leasing),
construction supervision, general consulting, investment management,
leasing and marketing, mortgage financing.
The Bergman Real Estate Group's well-rounded approach has served
it well since its beginnings and promises to do the same in
the future. Since its formation in 1988 by Jerome Bergman, President
and son, Steven Bergman, Vice President, the company has successfully
acquired 10 garden apartment properties containing over 3,500
units in Houston, Texas, and 14 office buildings in both Houston
and New Jersey containing over 1.3 million square feet of office
space. "While our growth has been quick, it has been manageable,"
comments Michael Bergman. "That's important because, in
the end, it is the quality of the relationships between us and
our tenants, financial partners, brokers and third party vendors/contractors
that will really determine our success in the years ahead."
More
Stories:
• BERGMAN REAL ESTATE GROUP LAUNCHES
"THE BERGMAN BROKER PENTATHLON"
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the story
• Bergman Real Estate expands into retail property acquisitions
Read
the story
• Bergman Real Estate Group lands John G. Osborne as Executive Director, Leasing
and Marketing
Read
the story
• Bergman Real Estate Group Moves Corporate Offices to Woodbridge Towers
in
Iselin, NJ.
Read
the story
• Michael DiFede Joins Bergman Real Estate Group as Director
of
Business Development
Read
the story
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