More than 800 attendees were on hand at The Palace at Somerset on May 10 to recognize the achievements of leading professionals and organizations, as well as the most impactful transactions of 2017. Cushman & Wakefield’s Danzig received the Industry Service Award for his contributions in support of the commercial and industrial real estate industry.
“The individuals and firms we honor tonight represent the commercial real estate industry’s best and brightest,” said NAIOP NJ President Dave Gibbons of Elberon Development Group. “To each of our honorees, your teams and all of the Deal of the Year finalists, we offer our gratitude and respect for your commitment to revitalizing communities and ensuring that New Jersey remains competitive and attractive to its residents and businesses.”
NAIOP NJ awarded a lifetime achievement award to The Hampshire Cos. Chairman Jon F. Hanson, who was recognized for his record of service to the industry and to the community, as well as for his personal accomplishments.
Woodbridge Mayor John McCormac received the Caren S. Franzini Public Partner Award, which recognizes local champions of development that inspire and transform communities, while the Impact Award--which recognizes firms and individuals for their impact on the industrial and office development community--was presented to Mack-Cali Realty Corp. CEO Michael DeMarco and Jeffrey Milanaik, a partner at Northeast Region with Bridge Development Partners.
A seven-member panel of judges selected the Deal of the Year winners in three categories based on community and marketplace impact, degree of complexity, innovative strategies and creative problem solving. Winners include Perth Amboy’s BridgePort 1 Logistics Center in the Industrial category, a 103-acre brownfield site that was redeveloped into an industrial distribution campus; the sale of The Crossings at Jefferson Park to Barclays Capital in Whippany in the Office category; and the $171.8 million redevelopment of the New Brunswick Cultural Center in the Mixed-Use category.