Page 26 - RE-NJ

24 OCTOBER 2024
Photo by Aaron Houston for Real Estate NJ
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ACCORDIA 2.0
Inside the commercial real estate fi rm’s next chapter —
and the story behind its new leadership team
It may be Accordia’s newest
acquisition, but the three-building,
59,000-square-foot medical offi ce
campus on Mountain Boulevard in
Warren is familiar territory for the
commercial real estate fi rm.
As Jason Bogart notes, the deal
comes 19 years after Accordia
bought the complex for the fi rst
time — securing what was its fi rst
property after the company was
founded four months earlier.
“It’s full circle,” said Bogart, who
had launched the fi rm alongside
veteran developer Joe Romano,
and it’s a moment that comes at a
fi tting time for the Fairfi eld-based
team. Accordia is entering a new
phase as a developer, investor and
asset manager, with a revamped
business plan and several major
projects and acquisitions on the
horizon. That reboot has taken shape
in recent months with the high-
profi le additions of Frank Recine
By Joshua Burd
and Matt Pizzolato — both former
prominent brokers with JLL, with
close personal ties to Accordia
— who are now part of the fi rm’s
leadership team after Romano’s
recent retirement.
“It’s just an exciting time,” Bogart
said, later adding: “I think that the
reason this is going to be wildly
successful is because we are all
of the same mindset and … we
complement each other with our
personalities.
“It’s going to be a very exciting ride
for the next three to fi ve years as we
build this thing up.”
Accordia launched in June 2005
as a partnership between Romano
and Bogart, former colleagues at
Advance Realty Group, who had
complementary skillsets that they
sought to combine. Bogart, who was
32 and the father of two newborns
at the time, recalled that he “grew
up” in the business with a focus
on fi nance, deal structuring and