Page 18 - Issue 46 Oct2020
P. 18

16 OCTOBER 2020
R.J. Brunelli & Co. has promoted Mario Brunelli to principal and vice president of investment sales and development site acquisitions, making him the third member of the Brunelli family to join the Old Bridge-based retail brokerage firm.
Brunelli, 32, the son of founder and Chairman Richard Brunelli, most recently served as an investment sales specialist and sales associate. With the promotion, Brunelli joins his father, sister Danielle and Ron DeLuca as principals of the 45-year- old firm.
Danielle Brunelli and DeLuca,
who serve as president and CEO, respectively, became principals in 2010 and assumed their current titles in 2015 when Richard Brunelli rose to chairman.
“It gives me great pleasure to know that with Danielle and now Mario in ownership positions, the next-
he handled the Florida expansion of a medical products company, arranging 14 leases for retail sites as well as the purchase of a warehouse.
“I have worked closely with Mario since his earliest days as a summer employee during his college years,” DeLuca said. “Since joining the company full-time, I have seen Mario grow into a successful professional, quickly absorbing guidance from
our leadership team, and dedicating himself to personal achievement.”
Newmark Group Inc. has expanded its New Jersey industrial team with six new brokers, who are among 11 newly added professionals across its offices in North America.
The company, which operates as Newmark
executive managing directors Jeff Cannon and Andrew Morrow in
its Irvine, California office, Blake Anderson in its Dallas office and Steve Levine in its Miami office. Also joining is Brian Prevoe, a senior managing director in Toronto.
The new additions are meant to bolster Newmark’s presence in key industrial markets amid the growing importance of e-commerce, supply chain and logistics trends.
“The gravity and influence of e-commerce in the current climate is intensifying demand for logistics real estate,” said Newmark Executive Vice President and Managing Director Phil Brodkin, who oversees its industrial platform. “As the market demands more resilient supply chains and diversified manufacturing locations through near-shoring or last-mile industrial space, the need for logistics real estate in the long term will increase significantly.
“Bringing on these proven, globally minded industrial experts complements Newmark’s multidimensional platform.”
The New York-based commercial real estate services firm noted that the 11 professionals have more than 225 years of combined experience and have dealt with transactions and portfolios spanning more than 100 million square feet annually.
“Newmark has built a platform underpinned with services and professionals who understand essential value creation and the stabilization of real estate of
all kinds,” Al Petrillo said. “The company’s leadership and its mission to promote an entrepreneurial culture that rewards its businesses for collaborating across markets
and disciplines is a significant draw. Newmark’s desire to scale client solutions aligns perfectly with client goals in the industrial and logistics space.”
For his part, Adam Petrillo noted that industrial and logistics companies “are among
the largest
disruptors driving the global economy, and new
classes of
distributors and
retailers are changing the world and how we interact.”
“As a result, older-line companies
have been forced to innovate
and evolve their own businesses, requiring a new breed of adviser — with both focus and depth to tackle the core issues on where to locate and why,” he said. “We have the platform at Newmark to be able to evolve alongside these companies from the moment world-changing ideas leave the labs until those ‘ideas’ end up on our doorstep.”
B6 Real Estate Advisors has expanded its New Jersey team with the addition of Brian Streilein, who will focus on investment sales in Bergen County.
Streilein, a director, joins the Manhattan-based investment sales and capital advisory brokerage firm from JLL, bringing nearly a decade of industry experience.
“With his impressive commercial real estate background and transaction
     Mario Brunelli
executive managing directors. Chris Koeck and Steve Korfiatis, meantime, have joined the New Jersey team as managing directors.
They come to Newmark from Savills, as do the other newly announced hires. In a news release, Newmark said the brokers specialize in supply chain and logistics real estate and advisory for blue-chip clients, including Fortune 500 corporations and global leaders in third-party logistics.
“This important step further elevates Newmark’s industrial practice and provides a valuable enhancement to our integrated platform,” Newmark CEO Barry M. Gosin said. “North America’s industrial supply chain and logistics are essential components
of the global economy; the industry
is closely tethered to retail, capital markets and many other sectors. We remain committed to strategic growth in key service areas.”
Newmark’s other new hires include
services, management/development and real estate investment communities,” Richard Brunelli said. “Mario has worked very hard to
earn this promotion. He genuinely loves what he does, has a thirst
for knowledge and takes great pleasure in sharing that knowledge to advance clients towards achieving their investment goals. In executing acquisitions, he brings the know- how to analyze the financials and implement strategies to maximize cash flow for his clients.”
As an investment sales specialist, Mario Brunelli’s deals have included 1031 exchanges involving everything from neighborhood shopping centers to single-tenant net-leased properties occupied by Auto Zone, Dollar General, 7-Eleven and other tenants, according to a news release. In his capacity as a tenant representative,
Adam Petrillo
generation is firmly in place to continue and expand the relationships RJBCO has enjoyed in
the retailing, restaurant, personal
Knight Frank, announced that Al Petrillo, Adam Petrillo, Craig Engelhardt and Tom Carragher have joined
its Rutherford office as
Brian Streilein
record, we are confident Brian will help our team continue to grow its presence in
the New Jersey market,”
said Neil Heilberg, chief
Al Petrillo
operating officer of B6. “He will play a fundamental role in developing important client relationships within the tristate area with his deep industry knowledge.”
As a director with JLL, Streilein focused on multifamily development sites in the Bronx, according to a news release. He also served as a vice president of investment sales for Lee & Associates in Columbia, Maryland.
Streilein started his commercial real estate brokerage career in 2012 as an associate at Massey Knakal Realty Services, the news release said. He was part of a team focused on eastern Brooklyn, completing more than 50 transactions of various asset types.
Following the acquisition of Massey Knakal by Cushman & Wakefield
in 2014, Streilein was promoted to director of sales.
“I am eager and excited to expand B6’s footprint to the Bergen County area and look forward to working with a team of professionals dedicated to client service,” Streilein

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