By Joshua Burd
A Livingston-based firm has joined Integra Realty Resources, the largest independent commercial real estate valuation, market research and consulting firm in North America.
Integra, or IRR, announced the addition of Value Research Group LLC as part of an expansion that includes four new offices overall. All 12 members of Value Research Group now form IRR’s new northern New Jersey office at 301 South Livingston Ave., led by veteran industry professional Paul T. Beisser III.
In addition, Value Research Group principals Arthur A. Linfante and Richard E. Polton will join the IRR-Northern New Jersey leadership team as managing directors. Beisser, Linfante and Polton founded Value Research Group in 1996.
“We couldn’t be more excited about joining Integra Realty Resources’ highly regarded team,” said Beisser, senior managing director of IRR-Northern New Jersey. “This partnership allows us to not only better serve the needs of our existing clients by leveraging IRR’s national platform and state-of-the-art technology resources, but now we can also realize our long-term vision to expand and offer our trusted expertise beyond our coverage area.”
The new office opens alongside recently launched locations in Washington D.C., Philadelphia and Fort Worth, the firm said in a news release. In less than 18 months, IRR has added a dozen new offices in San Francisco, Sacramento, Chicago, Puerto Rico, Austin, San Antonio, Houston and Dallas, while also launching a specialty practice group known as IRR-Hotels.
“Unlike other firms that parachute into markets for an assignment, Integra takes pride in delivering our commercial valuation and advisory services using our on-the-ground market experts to ensure clients have the most accurate information they need to make informed decisions,” Anthony M. Graziano, chairman of IRR, said in a prepared statement. “We continue our progress in strategically rebuilding our geographic footprint with industry-leading partners like Paul and his team.”
With Value Research Group, IRR has gained a firm with expertise in project analysis, redevelopment and land acquisition for public properties, the news release said. The business has been actively involved in advisory and valuation functions that range from highly complex issues of environmental contamination and condemnation to more routine financing problems for more than two decades.
Recent assignments include serving as the real estate consultant of record for the New Jersey Turnpike Authority for the Interchange 6 to 9 widening program.
