Colliers International’s office in Woodbridge — Courtesy: Colliers
By Joshua Burd
Colliers International has bolstered its New Jersey brokerage team with the addition of a new senior managing director.
The new hire, James Byron III, joins the real estate services firm with more than 14 years of national and international experience in the industry. The company noted that his background is multifaceted, with a resume that includes office, industrial and retail leasing, along with capital markets and investment sales expertise.
Byron, who comes to Colliers from Avison Young, will also focus on distressed debt opportunities that have been on the rise due to COVID-19.
“We’re thrilled to have a veteran like Jim join our growing New Jersey team,” said Dennis Waggner, an executive managing director with Colliers and the firm’s New Jersey market leader. “His years of expertise across a variety of sectors will be invaluable as we continue to deliver the best results for our clients and grow the firm’s footprint across the state.”
Byron has completed more than $100 million worth of leasing and sales transactions during his career, according to a news release. As a vice president with Avison Young, he focused primarily on industrial property and land transactions, with notable deals including the sale of 29 acres of industrial land in southern New Jersey on behalf of TD Bank and the sale of Provident Bank’s headquarters in Jersey City.
Prior to Avison Young, Byron was an associate director at Cushman & Wakefield.
“COVID-19 has presented a variety of challenges and opportunities in New Jersey and across the country,” Byron said. “Thankfully, Colliers’ collaborative environment, entrepreneurial and talented professionals and strong technology have the company poised to continue its winning streak. I’m pleased to join Dennis’ team and believe that my nearly fifteen years spent in the industry will be a valuable asset to the firm.”
Byron is also the founder of Green Rock Realty LLC, an investment and development firm focused on acquiring, redeveloping and repositioning assets throughout the tristate region. He holds a bachelor’s in finance from Fairfield University and is currently pursuing an MBA from Fairleigh Dickinson University.