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ASBURY, NJ, FEBRUARY 24, 2009---- J.G. Petrucci Co., Inc. (“JGPCO”), one of the region’s most respected development and design-build organizations, recently presented its “Broker of the Year” Awards for 2008 at its 6th annual award gala, held at The Palace at Somerset Park in Somerset, New Jersey.
Daniel E. Frankel, Senior Managing Director, Cushman & Wakefield of New Jersey, Jeffrey J. Garibaldi, CCIM, President, The Garibaldi Group and Jeffrey Hipschman, Senior Vice President, CB Richard Ellis, received the awards from JGPCO President, Jim Petrucci, in recognition of their outstanding achievements during 2008. The three recipients were selected for their collaborative efforts in assisting J.G. Petrucci Co. in the disposition of 17 acres of prime land to Morgan Stanley for the site of a new data center complex. Matthew Kirby of The Garibaldi Group and Thomas Sullivan of CB Richard Ellis were also cited for their roles in the transaction.
In presenting the award plaques, Mr. Petrucci noted that this was the first time three brokers were honored in the same year. He went on to say that recipients are selected not based on the size of the property or dollar value of the deal, but on the complexity and ingenuity entailed in bringing the transaction to fruition. “The cooperation between the different brokers and the skill and resourcefulness shown represent brokerage at its best. Our company culture emphasizes collaboration and initiative, so it was particularly fitting that these individuals be recognized,” he stated.
Previous “Broker of the Year” Award winners include Jonathan Gelman of Gelcor Realty Realty, David Zimmel of Zimmel Associates, Thomas Nuara of Resource Realty, Michael Adams of Coldwell Banker Commercial/Feist & Feist and Frank Caccavo and Jason Goldman of Cushman & Wakefield of New Jersey.
About J.G. Petrucci Co., Inc.
J.G. Petrucci Co., Inc (“JGPCO”) is a privately-held developer/builder with more than 21 years experience in the design/build, development, re-development and acquisition of commercial, educational and healthcare-related properties. In addition, JGPCO is recognized as a leader in both the New Jersey and Pennsylvania markets with a client and tenant roster that includes Merrill Lynch, Weyerhaeuser Co., Federal Express, Cryovac/Sealed Air, Gargiulo Produce, Westfield Medical Center, Flemington BMW and Schuetz Containers. JGPCO presently holds an investment portfolio of over 3 million square feet of prime industrial, retail and office space. The firm is based in Asbury, New Jersey and also maintains offices in Bethlehem, Pennsylvania. For additional information on J.G. Petrucci Co., Inc., please visit our website at www.jgpetrucci.com.
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