News: Brokerage

Cresa strengthens its New Jersey team with two senior hires

Rutherford, NJ According to Cresa, Chip Conklin and Chris Masi have joined the company as a principal and senior vice president, respectively. Based in the Rutherford office, Conklin and Masi will work with office clients throughout the Northeast corridor.

“As we continue to grow our business in the Northeast, we're investing in talent and resources that enable us to better serve clients and capitalize on new opportunities across the region,” said Tony Juliano, managing principal—Northeast Region. “We’re thrilled to welcome Chip and Chris to Cresa. Not only are they outstanding producers, but their occupier focus and spirit of collaboration is culturally a perfect fit.”

Conklin joins from Savills, where, as a senior managing partner, he advised Fortune 500 companies and local businesses, delivering custom real estate solutions to meet operational goals while maximizing flexibility. Previously, he co-founded Strategic Alliance Partners LLC, a firm known for its tenant advocacy, which Savills would later acquire. He began his career in commercial mortgage and debt.

Conklin’s client-first approach ensures that real estate strategy aligns seamlessly with business development goals and operational needs. He brings a proven track record of success negotiating transactions for companies across a wide variety of industries, including Esai Inc., Astellas Pharma U.S., Inc., Homebridge Financial Services, McElroy, Deutsch Law Firm, Camerican International, Boehringer Ingelheim, TKL Research, Revman International, and Ronan, Tuzzio & Giannone.

Masi joins from JLL, where he was a vice president. Before that, he worked at HFF as a director and started his real estate career at RFK. Known for his comprehensive understanding of both the qualitative and quantitative drivers of his clients’ businesses, he serves clients throughout the Tri-State area as well as clients with real estate portfolios across the U.S. Representative transactions include WebMD’s headquarters lease in Newark, NJ; Pentax Medical’s headquarters lease in Montvale, NJ; and Summit Financial’sheadquarters lease in Parsippany, NJ. Tata Consumer Brands, IBISWorld, and Cellebrite are among his notable clients.

“The addition of Chip and Chris marks a major step in growing our New Jersey office,” said Jason Fray, Cresa’s managing principal and co-market leader—New Jersey. “We are bringing in top tier talent—tenant focused veterans who are market savvy and can have an immediate impact—to position the office for long-term success.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account