Page 54 - RE-NJ

52 MARCH 2025
RIEFLER JOINS
TRAMMELL CROW
N.Y. METRO TEAM
Trammell Crow Co. has added to
its team in the tristate area with
the hiring of Jagger Riefl er as a vice
president, the developer announced.
Riefl er, who is based in Manhattan,
will be responsible for sourcing
and overseeing new industrial
development opportunities
throughout
New York,
New Jersey
and western
Connecticut.
He joins TCC
from Prologis
Inc., where
he quickly
Jagger Riefl er
progressed
from analyst to associate to
manager of investments, and has
held positions with other prominent
commercial real estate fi rms.
TCC noted that Riefl er will work
directly under Jessica Fraser, who
leads TCC’s industrial development
team throughout the New York City
metro region.
“We are pleased to welcome
Jagger to our team,” said Fraser,
a senior vice president with TCC.
“His intuition and skill at fi nding
deals and new opportunities will
be invaluable as we seek to grow
our presence across the NYC
metro area. We look forward to his
contributions in driving our growth
and success.”
According to a news release, Riefl er
has demonstrated expertise in
evaluating, originating, negotiating
and managing underwriting of
acquisitions and development
opportunities across New York,
New Jersey, Pennsylvania and
Toronto. Notably, he underwrote
and contributed to Prologis’
acquisition of Duke Realty and
played a key role in evaluating the
fi rm’s North American portfolio for
potential data center conversion
and redevelopment.
His transaction experience includes
signifi cant assets in New York and
New Jersey, totaling more than
$200 million, the news release
said. He has also held positions at
TPG Angelo Gordon and Cushman
& Wakefi eld, while he holds a
bachelor’s in economics from
Trinity College.
DIGROUP MAKES
FOUR LEADERSHIP
PROMOTIONS
DIGroup Architecture has named
a new principal and promoted
three other leaders across its New
Brunswick headquarters and satellite
offi ce in Philadelphia.
In a news release, the fi rm said Scott
Hoffman rises to the principal role
to become the newest member of its
executive leadership team. Meantime,
it has elevated Jaime Masler Beach
and Kelli Glasgow to associate
principal, while promoting Dalina
Cruz to senior interior designer.
“These advancements refl ect our
dedication to fostering internal talent
and ensuring continued success in
delivering exceptional architectural,
interior and environmental graphic
design solutions that positively
impact the communities and clients
we serve,” said Principal Jeffrey
Venezia, who co-founded DIG with
principals Vince Myers, president,
and Rich Alderiso, chief operating
offi cer.
Hoffman, a seasoned project manager
with 15 years at DIG, leads the
Philadelphia offi ce and oversees a
diverse portfolio
of impactful
projects,
according to a
news release.
His latest
promotion
refl ects what
the minority-,
Scott Hoffman
disadvantaged-
and small business-certifi ed fi rm
described as his ability to drive
innovation, mentor emerging
professionals and deliver projects
that align with its “architecture for
change” mantra.
What’s more, Hoffman’s portfolio
includes award-winning projects in
the educational, health care, senior
living and civic sectors that have
been recognized for their design and
impact in revitalizing communities.
“DIG is committed to uplifting
communities through intentional
and inclusive design,” he said. “I am
deeply honored to take on the role of
principal and to help strengthen and
build upon our fi rm’s longstanding
mission and reputation while
continuing to focus on the fi rm’s
design goals for each project.”
Masler Beach, who joined DIG in
2012, has a broad portfolio and deep
business understanding that the fi rm
said enable holistic design solutions,
while her
strong regional
connections
drive growth.
The practice
also pointed to
her strong client
retention and
contributions
Jaime Masler Beach
to its culture
through initiatives like Bring Your
Child to Work Day.
Glasgow, for her part, arrived at
the fi rm in 2014 and focuses on
sustainability,
functionality
and community
engagement,
according to a
news release. As
DIG’s director
of employee
engagement and
Kelli Glasgow
HR committee
chair since 2022, she has built strong
recruitment, hiring and training
programs, while her professional
learning sessions and employee
events strengthen DIG’s inclusive,
mentorship-focused culture.
The fi rm added that Glasgow is
president-elect of AIA Newark &
Suburban Architects.
As senior interior designer, Cruz
will build on
her expertise
in designing
diverse interior
environments
and in creating
functional and
inspiring spaces,
the fi rm said.
She is especially
active within the health care and
education sectors.
Dalina Cruz
SAXUM’S CAPUTO
RISES TO PROJECT
EXECUTIVE
Saxum Real Estate has promoted
Frank Caputo to project executive
within the Summit-based fi rm’s
development and construction team.
According to a news release, Caputo
has completed multiple projects
since joining the company in 2021
and currently has four cold storage
warehouses under construction.
He’s also spearheading the project
management for two large industrial
developments in Texas and Florida
that will total more than 4 million
square feet with over $500 million in
market capitalization.
With more than 25 years of
experience in the residential and
commercial construction industries,
Caputo has been instrumental
in guiding Saxum’s design and
construction teams through
the construction process from
groundbreaking to completion, the
news release said.
“Frank leads by example with strong
dedication to
his work and a
calm, positive
attitude,” said
Kieran Flanagan,
Saxum’s
principal for
development
and
Frank Caputo
construction.
“He consistently goes above and
beyond to support the team and
brings innovative ideas to improve
on our best practices, enabling us to
continue to excel on all our future
projects.”
HUDSON ATLANTIC’S
FAVORITO NAMED V.P.,
MULTIFAMILY SALES
Hudson Atlantic has added to its
leadership ranks after promoting
broker Nick Favorito to vice
president of multifamily sales.
The fi rm, which is based in
Parsippany, said Favorito has
excelled in his role as a sales
associate since joining its team in
September 2021. He has closed more
than $60 million in sales transactions
during that time.
“Nick has been an instrumental part
of our growth and success since
he joined the team, when Hudson
Atlantic opened,” said Adam Zweibel,
the fi rm’s
president.
“His deep
understanding of
the multifamily
market, coupled
with his
ability to build
strong client
Nick Favorito
relationships,
has been critical to our ability to
deliver exceptional results. We’re
excited to see Nick take on this
new leadership role as we continue
to expand our multifamily sales
platform.”
As vice president of multifamily
sales, Favorito will oversee a growing