Gregg Bazzani
By Joshua Burd
JDA Group LLC has named a new development and investment manager, hiring a former member of Duke Realty Corp.’s New Jersey team to help support its growth.
In his role with the Hoboken-based firm, Gregg Bazzani will lead efforts to identify and execute new strategic development opportunities and raise equity and debt capital for future acquisitions, according to a news release. His arrival comes as JDA, a privately owned firm, builds its pipeline of commercial and residential projects in northern New Jersey and elsewhere, including the planned 580,000-square-foot, mixed-use development on the Hoboken-Jersey City border known as The Boundary.
When completed, the project will turn a former industrial area into a vibrant new neighborhood featuring medical, office, multifamily, retail and rooftop green space.
“This is an exciting time to join JDA Group, particularly in a period of such positive company momentum,” Bazzani said. “The projects JDA is undertaking are transformational for their respective communities and the company. I’m looking forward to leveraging my market knowledge and existing industry relationships to help expand the firm’s development pipeline in both Hudson County and other key markets throughout the tristate area.”
Bazzani is a former development associate at Duke Realty, where he was involved in acquisition, development and entitlement activities for a 3 million-square-foot project pipeline, the news release said. Previously, he was an acquisitions and development associate at Panepinto Properties Inc.
He holds a bachelor’s in business administration from Villanova University and a master’s in real estate development from New York University’s Schack Institute of Real Estate.
“As JDA looks toward its next phase of growth, Gregg’s business acumen, energy and broad expertise in all aspects of real estate acquisition and development will greatly benefit our current and future projects,” said Gregory Dell’Aquila, JDA’s CEO. “Gregg is a strong fit with our firm’s culture and we are confident he will be an invaluable asset to our leadership team.”