Industry Veteran Increases Capabilities for Expanding Platform
ISELIN, N.J. (Oct. 17, 2016) – Bergman Real Estate Group, a full-service real estate company that owns and manages office properties throughout New Jersey, today announced that David Iacobucci has joined as Senior Investment Manager, based in the firm’s Iselin, New Jersey office. In this role he will be responsible for asset management of the firm’s Northern New Jersey office properties and for sourcing new capital to grow the company’s investment and management portfolio. The announcement was made by Michael Bergman, President of Bergman Real Estate Group.
“David is a well-respected industry veteran with a broad background in acquiring, capitalizing and managing investments in value-added commercial property in the New Jersey market, and he will be a significant addition to our team as we continue to thoughtfully grow our portfolio and maximize value for our investors,” said Bergman.
“Bergman Real Estate Group’s thoughtful and measured approach to value-driven acquisitions over nearly three decades, in multiple market cycles has resulted in its becoming a regional leader in office investment. The firm is well-positioned for continued growth, and I look forward to working with the team to manage their platform and to capitalize on emerging opportunities in the Northern New Jersey market,” said Iacobucci.
A twenty-five year veteran of the commercial real estate industry, Iacobucci has focused throughout his career on value-add opportunities in office and industrial property. His varied real estate experience includes asset management, acquisitions, dispositions and development. Iacobucci has recently held leadership positions at a regional office investment and development company as well as a regional big box industrial owner/developer, where he was responsible for sourcing new investments and for overseeing development, construction, leasing and management of a portfolio of distribution warehouses.
Iacobucci’s prior experience includes nearly 10 years at Baker Properties as Division Manager of the company’s Mid-Atlantic Region, where he was hired to open a New Jersey office and he led the acquisition, development, leasing and disposition of over four million square feet of industrial property. Prior to joining Baker Properties, Iacobucci oversaw the successful re-positioning and sale of an opportunistic office portfolio and was responsible for the acquisition, development and leasing of several new build-to-suit and speculative office properties for a regional full service real estate company. His institutional experience includes managing a large portfolio of distressed debt and real estate for a Goldman Sachs affiliate and credit training at a regional commercial bank in its workout and distressed debt group.
David is a graduate of Tufts University, a licensed real estate salesperson and a member of the New Jersey Chapter of the National Association of Industrial and Office Parks (NAIOP).
About Bergman Real Estate Group
Founded in 1988, Bergman Real Estate Group is a privately owned, full-service real estate investment and management company, with more than 28 years of operating history in New Jersey and other select markets. The company’s fully integrated platform includes acquisition, ownership, asset and property management, leasing and construction supervision. Bergman, which has built its success on acquiring and successfully repositioning underperforming properties, currently owns and manages 18 office buildings comprising 2.1 million square feet. For more information, visit www.bergmanrealty.com.
