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AT A GLANCE
Headquarters Plaza
One Speedwell Avenue
PO Box 1981
Morristown, NJ 07962-1981
Year founded: 1882
Number of attorneys: 138
Number of real estate attorneys: 14
Areas of expertise in real estate: Commercial Real Estate, Leasing, Development, Zoning and Planning, Real Estate Finance, Workouts[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_separator color=”white” border_width=”10″][vc_separator color=”white” border_width=”10″][/vc_column][vc_column width=”1/3″][vc_column_text]
Nicholas Racioppi, Jr.
Chair, Real Estate Practice
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Joshua M. Greenfield
Partner
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James M. Maggio, Jr.
Partner
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OUR CLIENTS
Riker Danzig’s commercial real estate lawyers serve as counsel to, and understand the varying needs of, a wide variety of clients, from publicly traded companies to international lending institutions to midsized developers to community banks, in sophisticated leasing (office, retail, warehouse and tech start-up), acquisitions, loans, construction contracts and all aspects of development projects.
OUR ADVANTAGE
We are business practical attorneys for the business client. We are completely focused on protecting our client without the legalese, and assisting our client in completing the transaction using all of our firm’s resources, including our Governmental Affairs, Environmental, Corporate and other groups.
ON THE HORIZON
Repeat business is our stock in trade, reflecting the confidence of our existing clients in our commitment to achieving their goals. The rise in industrial development has fueled recent growth in our transactional practice.
TRANSACTION SPOTLIGHT
We represented developer client Active Acquisitions in the forward sale of more than one million square feet of industrial space to Brookfield Properties which closed on December 20, 2022. The sale of the two Class A industrial buildings in Jackson Township, New Jersey was the largest dollar volume industrial sale in New Jersey in 2022 and resulted from a competitive bidding process. Our representation included contract and related document negotiations, due diligence support and closing. It also offered substantial problem-solving opportunities given the plethora of issues confronting the seller of vertical construction which was still in progress prior to closing. The newly completed industrial property includes a cross-dock building and an adjacent, single-side load building, along with parking for 713 cars and 181 trailers, and offering 168 loading positions. Located close to I-95, the development provides connectivity to New York, Philadelphia and regional ports of Philadelphia, Baltimore and New York and New Jersey.
