From left: Accordia Chief Operating Officer Christopher Hayes, Founding Principal Jason R. Bogart and Principal Frank D. Recine. — Courtesy: Accordia
By Joshua Burd
Accordia is marking a series of milestones as 2025 comes to a close — including nearly 1 million square feet of acquisitions, its expansion to the Southeast and the launch of a general partnership equity fund — after a high-profile move to revamp and expand the real estate firm.
The company, which is based in Fairfield, said that shift has taken shape over the past 12 months thanks to key hires aimed at creating a broad platform that integrates asset management, property management, brokerage, investments and development. And it comes as part of an updated strategy and business plan announced in April 2024 that was meant to seize opportunities in a changing commercial real estate market.
The results during 2025 have included:
- Launching the Accordia General Partnership Fund
- Finalizing more than 40 lease transactions
- 20 construction management projects
- Securing more than half a million square feet under asset and property management and transacting on nearly 1 million square feet of commercial properties throughout the eastern United States
“We had a clear vision to firmly establish our presence in new markets and deepen our commitment to creating enduring value for our partners across our ecosystem,” said Jason R. Bogart, Accordia’s founding principal. “I am proud to share that we met — and exceeded — our goals for this year. Thank you to all of our investors, partners and members of the Accordia family for helping us reach this moment.”
Th company’s notable acquisitions in 2025 include:
- Remount Business Park, a 305,114-square-foot mid-bay industrial campus in North Charleston, South Carolina
- Starita Exchange, a two-building, 97,330-square-foot shallow-bay portfolio in Charlotte, North Carolina
- 14301 South Lakes Drive, a 35,542-square-foot shallow-bay industrial property in Charlotte, North Carolina
- 135-141 Cupped Oak Drive, a two-building, 46,400-square-foot shallow-bay portfolio in Stallings, North Carolina
Additionally, Accordia secured approvals to build Parkview Business Center, a two-building, 503,841-square-foot industrial campus in Roxbury Township, as well as a 92-unit luxury apartment property in West Caldwell known as The Vail. The latter is slated to break ground in 2026.
“Accordia’s success is rooted in the strong relationships we’ve built with our brokers and partners,” said Frank D. Recine, a principal with the firm. “We remain committed to these valued relationships, which strengthen our foundation.
“Accordia 2.0 was based on the idea that performance follows culture — and we’ve proven that this year. We made intentional strategic hires, strengthened how we collaborate internally, and doubled down on the broker and partner relationships that have always defined us,” said Recine.
In July 2025, Accordia launched the closed-end Accordia General Partner Fund I, an equity vehicle that targets value-add real estate investment opportunities in partnership with institutional joint ventures throughout the United States, according to a news release. Recine noted that the fund was fully subscribed in less than a week, giving its initial investors the opportunity to continue to participate with the firm as the deal sizes grow.
Starita Exchange was the first property acquired through the fund, for $17.8 million, followed by the acquisition of Remount Business Park, for $48.05 million.
“An ambitious expansion strategy takes clarity and full commitment, and we at Accordia set our sights on making this year a successful one,” Bogart said. “It reflects years of delivering turnkey services to the community and expanding the ways we support those we serve.”
