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where he spearheaded the growth
of its office investment platform and, for the last two years, directed the day-to-day fundraising, strategy, deal sourcing and asset management responsibilities for multifamily and student housing assets in the firm’s Opportunity Zone fund, according
to SJP. He previously worked for 14 years at Murray Hill Properties in New York City, managing investments across the value-add lifecycle,
from sourcing through disposition, including oversight of financial due diligence, deal structuring
and capitalization, business plan development and plan execution.
“As someone who values building lasting industry relationships and a successful track record over time, I’m eager to join SJP Properties and help to grow an already very successful organization and one of the region’s most prolific commercial real estate development firms,” Jennings said.
He received his bachelor’s in economics from Boston College, having also studied economics at the City University of Hong Kong.
RESOURCE REALTY HIRES FORMER RETAIL EXECUTIVE
Chris Labrosse has joined Resource Realty of Northern New Jersey, following 14 years with The Children’s Place.
The firm, which is based in Parsippany, said Labrosse most recently senior
vice president
of store
development
and global
logistics for the
Secaucus-based
retailer, with
responsibility
for the strategy
and negotiation of all domestic and international offices, distribution facilities and more than 1,000 store leases.
“Chris knows firsthand the challenges a corporate real estate client faces because he’s been in that seat for more than a decade,” said Tom Consiglio, a principal with Resource Realty. “His in-depth knowledge of site selection, lease negotiation and administration, logistics and supply chain will be invaluable as he seeks to provide real estate solutions for the companies he serves.”
Labrosse began his real estate career at The Children’s Place in 2007, working his way through a series of roles before becoming the head of real estate and store development in 2014, according to a news release.
In this role, he spearheaded the company’s fleet optimization strategy that resulted in improved fleet health and lease flexibility.
DERMODY ADDS
TO EAST COAST
PORTFOLIO TEAM
Dermody Properties has hired Kelley Cook as a director of property management, part of the team overseeing its East Coast portfolio of industrial buildings.
In the new role, Cook will be responsible
said. The firm added that Cook regularly volunteers with Habitat for Humanity and Million Meal Movement.
OFFICE LEASING, LIFE
SCIENCES REPS JOIN
COLLIERS
Colliers International has hired Doug Petrozzini, bolstering its New Jersey brokerage team.
Petrozzini, formerly of CBRE, joins the real estate
services firm
as a senior
REALESTATENJTM 23 both new and existing clients in the
field.
“COVID-19 continues to redefine modern businesses and more organizations are considering a hub- and-spoke model of opening smaller regional offices that are closer to their employees,” Petrozzini said. “We’re confident that New Jersey, and Princeton specifically, will be
a desirable destination for these organizations due to the availability of quality product and its proximity to New York City.
“The Princeton area has also historically been an attractive destination for life science tenants given the world-class talent pool and I’m excited to join Colliers to help keep these talented minds and leading businesses in the state.”
He is Colliers’ sixth new hire in New Jersey since the start of 2021.
“I’m thrilled that Doug is joining our rapidly growing team in Princeton,” said Colliers Executive Managing Director Dennis Waggner, the firm’s New Jersey market leader. “Despite some of the headwinds posed by COVID-19, Colliers continues to attract top talent because of our collaborative atmosphere, global
managing
director for
office leasing.
He is based
in Colliers’
Princeton
office, bringing
36 years of experience and having worked closely with pharmaceutical companies in their acquisition and disposition of production, R&D and headquarters facilities.
According to Colliers, his expertise in the life sciences sector will be key as it pursues new business and advises
More than a bank, a business partner.
Scan here to meet the team.
manasquan.bank
Chris Labrosse
Property Management Elizabeth Teske.
“Kelley’s prior experience in marketing, property management, logistics and project management is ideal for this role,” Teske said. “She will be a valuable addition and asset to our team, bringing with her a wealth of knowledge.”
Cook comes to Dermody after
nearly 17 years with Prologis,
where she initially assisted the property management team and
then transitioned into the role of market officer assistant and leasing coordinator in 2010, according to the firm. She assisted with the creation
of marketing materials, proposals, leases and other broker and customer agreements for the Indianapolis and Louisville markets.
“Dermody Properties’ big-picture approach and values rooted in customer service are, in part, what attracted me to this opportunity,” Cook said. “I look forward to being part of a company with such an admirable reputation in the eastern part of the country and nationwide.”
She holds an associate’s degree in legal and medical assisting from Vincennes University and has maintained an Indiana Real Estate Broker License since 2014, Dermody
Kelley Cook
for day-to-day operations
and property management activities across the eastern U.S., reporting to Senior Vice President of
Doug Petrozzini