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Bergman Real Estate Group Lands John G. Osborne as Executive Director, Leasing and Marketing

WOODBRIDGE, N.J. (May 1, 2004) – Michael Bergman, Vice President and Principal of Bergman Real Estate Group has announced the appointment of John G. Osborne as Executive Director, Leasing & Marketing, effective immediately.

In his new role, Mr. Osborne will work closely with Mr. Bergman in spearheading the firm’s in-house leasing and marketing activities for its portfolio of 15 New Jersey Office Buildings.

John has an excellent reputation within the New Jersey brokerage community that will prove valuable to our leasing efforts and he will compliment our long established hands-on approach to property ownership and management,” comments Michael Bergman. “His proven ability to work with brokers, tenants, architects and attorneys to lease commercial properties on behalf of owners, will serve our company well as we seek to maximize the performance of our properties”.

Mr. Osborne certainly has the credentials required to assume such a demanding position for a growing real estate company that continues to expand its’ office property holdings. With more than twenty years of commercial real estate experience, the past sixteen of which have been with The Garibaldi Group where he was Senior Vice President, Mr. Osborne has a very successful business track record. For many years he acted as exclusive leasing agent of Meadows Office Complex, a 600,000 square foot office facility located in Rutherford, N.J., and after selling Overlook at Great Notch, a 425,000 square foot office building located in Little Falls, N.J., also acted as exclusive leasing agent of that property. He also represented the interests of two national telecom companies in the leasing of approximately 600,000 square feet of office space in fifty different cities.

During his career, Mr. Osborne has concluded lease or sale transactions totaling approximately 2.5 million square feet, mostly office space. Prior to The Garibaldi Group, Mr. Osborne worked at Helmsley-Spear, Inc. in both their Manhattan and New Jersey offices.

“Our track record of stability and growth even in difficult markets is a testament to Bergman Real Estate Group’s commitment to success,” comments Michael Bergman. “We are committed to: providing first class management services to our tenants; maintaining strong relationships with the brokerage community; and meeting the expectations of our lenders and financial partners. I am confident that John has the leasing experience and drive to ensure that we uphold our goals of providing superb results in the months and years ahead.”

Bergman Real Estate Group is a privately owned family business, located in Iselin, New Jersey, that has earned a solid reputation as a leader in the acquisition, ownership, management, and leasing of commercial office properties throughout New Jersey. Since its formation in 1988 by Jerome Bergman, and sons, Steve and Michael, the company has successfully acquired over 25 commercial properties with a combined market value in excess of $250 million, including 10 garden apartment properties containing over 3,500 units in Houston, Texas and 17 office buildings containing over 1.6 million square feet of office space.

The Bergman Real Estate Group is located at 555 Route 1 South, Iselin, New Jersey 08830. For more information about the company or any of its properties call Michael Bergman or John Osborne at (732) 855-8600.