250 Pehle Ave. in Saddle Brook, the home of CenterPoint Properties’ New Jersey office
By Joshua Burd
CenterPoint Properties has named a new lead development executive on the East Coast, a position whose focus will include growing the firm’s presence in New Jersey.
The Oak Brook, Illinois-based firm announced Tuesday that it has appointed Ronel Borner as a senior vice president, development, in the east region. He will be based in CenterPoint’s office at 250 Pehle Ave. in Saddle Brook, seeking to lead its industrial development and expansion strategy in New York and New Jersey, Savannah and South Florida.
“Ronel will be a tremendous asset to the team as we continue to expand our footprint on the East Coast,” said Michael Murphy, chief development officer at CenterPoint. “His extensive real estate experience and New York/New Jersey market expertise will complement our existing East Coast team.”
Borner brings more than 15 years of experience across all aspects of real estate, including entitlements, brownfield development, due diligence, zoning, design management and project-level debt and equity financing in the New York and New Jersey market, according to a news release. Prior to joining CenterPoint, he served as director of real estate development for a national developer, where he focused on opportunities in the New York and New Jersey markets.
The firm also noted that Borner is a member of the NAIOP New Jersey chapter and the NAIOP National Forums Program. He received a bachelor’s of commerce from McGill University in Montreal and a master’s in real estate from New York University.
“I am very excited to join the CenterPoint team and to have the opportunity to continue expanding the company’s East Coast development presence,” Borner said. “CenterPoint has had a tremendous impact on industrial real estate across the United States by investing heavily in port, highway and rail-proximate properties. The company’s financial strength, market knowledge, and local expertise allow it to continue delivering high-quality projects that meet the needs of today’s industrial tenants.”