Resource Realty of Northern New Jersey, a commercial real estate advisory firm, recently marked its 35th anniversary. The company celebrated this milestone with a client appreciation event held at The Highlawn in West Orange, New Jersey, on September 25. The event honored the firm's long-standing relationships with its clients, some of whom have partnered with Resource Realty for decades.
Key Takeaways
- Resource Realty of Northern New Jersey celebrated 35 years in business.
- The firm hosted a client appreciation event at The Highlawn in West Orange.
- Founder Tom Consiglio emphasized the importance of client relationships.
- The company has grown into a premier advisory firm serving multiple states.
- New principals were named last year to support future growth.
Three Decades of Commercial Real Estate Service
Resource Realty of Northern New Jersey, based in Parsippany, has operated in one of the United States' most competitive commercial real estate markets for 35 years. The firm’s longevity is a testament to its consistent approach and focus on client needs. Its anniversary celebration brought together industry leaders and clients to acknowledge this significant achievement.
During the event, company leaders highlighted the importance of strong client relationships. Many clients have been with Resource Realty for a substantial portion of its 35-year history. These relationships often span multiple generations of leadership within client companies, indicating deep trust and consistent service.
"Our 35th anniversary is a celebration of our clients," said Tom Consiglio, who founded the firm in 1990. "We have been fortunate to work with an incredible group of individuals and companies, some of which are in their second and third generations of leadership. This is the ultimate validation of our approach — it’s not just about a single deal, but about being a trusted advisor for the long haul."
Growth and Resilience in a Changing Market
Since its founding, Resource Realty has evolved from a small operation into a leading advisory firm. It now serves clients across New Jersey, New York State, and Pennsylvania. The firm has successfully navigated several economic challenges, including multiple downturns and a global pandemic.
This resilience highlights the company's ability to adapt and maintain its position in the market. Resource Realty attributes its steady performance to deep institutional-grade expertise, especially within the northern New Jersey and southern New York State commercial real estate sectors.
Company Milestones
- Founded: 1990 by Tom Consiglio.
- Markets Served: New Jersey, New York State, Pennsylvania.
- Key Clients: Includes prominent names like Brookfield Properties and Morgan Stanley.
- Leadership Update: Scott Peck, Greg Sabato, and Brian Wilson named principals in 2024.
Client-Centric Approach Drives Success
The firm's philosophy centers on understanding and meeting client needs. This client-centric approach has been a cornerstone of its operations for over three decades. By focusing on long-term goals and specific requirements, Resource Realty aims to deliver effective solutions that align with its clients' vision.
Scott Peck, one of the newly appointed principals, reinforced this idea. He emphasized that the firm’s success is directly linked to the success of its clients. This mutual growth strategy has defined Resource Realty’s business model.
"Our success is directly linked to the success of our clients," Peck stated. "By truly understanding their unique needs and long-term goals, we’re able to deliver solutions that are not just effective but truly aligned with their vision. That’s been our formula for 35 years."
Industry Context
The commercial real estate market in Northern New Jersey and Southern New York is highly dynamic. It features a diverse range of properties, including industrial, office, and retail spaces. Firms operating in this region must possess strong local market knowledge, adaptability, and robust client networks to succeed long-term. Resource Realty's 35-year tenure underscores its ability to thrive in this complex environment.
Leadership and Network Expansion
Last year, Resource Realty took steps to ensure its continued growth and leadership. The firm named Scott Peck, Greg Sabato, and Brian Wilson as principals. This move strengthens the leadership team and supports the company's upward trajectory in the market.
Brian Wilson highlighted the evolution of client relationships within the firm. He noted that many relationships have grown from professional partnerships to personal friendships. This reflects the firm's commitment to integrity and transparency, which are viewed as essential for successful real estate partnerships.
"Since launching my brokerage career with Resource Realty of Northern New Jersey, it has been incredible to watch our longstanding relationships evolve from clients to family friends," Wilson commented. "We believe relationships, built on integrity and transparency, are the cornerstone of a successful real estate partnership and our clients are a testament to that."
All of Resource Realty’s principals hold the prestigious Society of Industrial and Office Realtors (SIOR) designation. This affiliation extends the firm's local market knowledge to a broader regional and national scale. It allows Resource Realty to leverage a powerful network, helping clients achieve their commercial real estate objectives regardless of location.
Greg Sabato, another principal, spoke about the company's future. He reiterated that Resource Realty's history is deeply rooted in community engagement and market expertise. He expressed the firm's commitment to fostering a thriving business environment for its clients and contributing to the economic growth of the region for many decades to come.
The firm’s celebration not only marked a significant anniversary but also reaffirmed its dedication to its clients and its role in the commercial real estate landscape of the tri-state area.
