Lee & Associates New Jersey is headquartered at 611 River Drive in Elmwood Park — Courtesy: Lee & Associates New Jersey
By Joshua Burd
Lee & Associates New Jersey has bolstered its team in the state with the addition of two veteran industrial real estate brokers.
Andrew Stypa and Daniel Badenhausen, who both join the broker-owned firm as partners, do so after more than a decade with Cushman & Wakefield. The new hires bring Lee & Associates’ New Jersey office to more than 60 professionals including agents, property managers and staff across three locations in the state, following its founding in 2009 by Brian Lynch, Rick Marchisio and Jason Lynch.
“We are thrilled to have Dan and Andrew onboard. They are an excellent fit with our company’s culture and add significant expertise to our fast-growing team,” said Jason Lynch, a principal with Lee & Associates New Jersey. “Our team has expanded significantly, adding 13 new hires within the past 10 months, as we continue to provide high-quality, customized service to our clients and meet the growing demands of the New Jersey market.”
Stypa had been a managing director at Cushman since 2010, specializing in industrial properties, according to a news release. Prior to that, he was a vice president at Sitar Realty Co.
Lee & Associates also touted his experience guiding clients from startups to Fortune 500 companies, adding that he specializes in representing tenants in complex situations, assisting customers with leasing and acquisition and disposition of industrial real estate.
“The Lee & Associates New Jersey team offers the unique opportunity to partner with a broker-owned company with a strong, vast network of professionals,” Stypa said. “I am looking forward to continuing to grow and prosper with this team and all of our future accomplishments to come.”
Badenhausen, who also joined C&W in 2010, is a former senior director with the firm and specializes in industrial facilities, land sites and development projects in addition to office requirements, the news release said. He is also a former vice president at Sitar.
Previously, Badenhausen spent 18 years focused on investment banking at Ryan Beck, CIBC Capital Markets and The Jefferies Cos., Lee & Associates said.
“The Lee & Associates New Jersey team provides brokers several entrepreneurial opportunities within the Garden State commercial real estate market,” Badenhausen said. “Lee & Associates exemplifies best-in-class thought leaders within the industry and I am looking forward to collaborating with their esteemed and diverse group of talent.”