Woodbridge, NJ,  – Leading New Jersey business publication NJBIZ has named NAI DiLeo-Bram & Co. (NAIDB) a 2024 Leader in Real Estate, Construction and Design honoree. Recognized in the company category, NAIDB has been acknowledged for its transaction achievements and expansion into new submarkets throughout Central and North Jersey. Provident Bank’s Walt Sierotko, Executive Vice President / Commercial Real Estate Director – Lending Division (left) presented the award to NAIDB’s Chief Operating Officer David Simon (center) and Robert DiLeo, Principal / NAI Business Manager (right).

“All of us at NAIDB are extremely honored and grateful for being recognized by NJBIZ for this award,” said NAIDB Chief Operating Officer David A. Simon, SIOR. “Our entire brokerage team and support professionals are dedicated to delivering the best possible service to our clients and customers. This fundamental approach has enabled our firm to establish and maintain long-lasting relationships which we value and appreciate.”

At NAIDB, clients benefit from the merging of the New Jersey-centric expertise of a local firm with 85+ years’ experience along with the vast resources of NAI Global’s Network. While focusing on office, industrial, retail, investment and land, NAIDB consistently records a high velocity of traditional and complex transactions related to commercial property disposition, acquisition, investment and leasing needs.

In addition to expanding its market and geographic reach, NAIDB – long recognized as a best place to work and a company that gives back – is focused on broker recruitment and retention initiatives to further grow its talent pool.

Among the noted transactions that helped secure NAIDB’s place as a Leader in Real Estate, Construction and Design were:

  • 600 Ridge Rd., Piscataway, N.J.: NAIDB was involved in structuring the sale of this fully leased, 469,600-SF industrial building to Duke Realty Corp. The transaction expanded Duke’s portfolio in New Jersey and along the I-287 corridor. The single-tenant building was occupied by Kiss Nail Products Inc. at the time of sale.
  • 70 Jackson Dr., Cranford, N.J.: NAIDB represented the property purchaser in the $28.31M sale of this 168,767-SF multi-tenanted industrial property. Acquired by a private unnamed investor, the property is east of the Garden State Parkway and within the Central Union submarket.
  • 150 Whitman, Edison, N.J.: NAIDB orchestrated subleasing of the Class A Bridge Point warehouse, a 124,560-SF standalone headquarters facility. Constructed by Bridge Development, the property targeted last-mile delivery user tenants. Situated near I-287, Bridge Point connects at the NJ Turnpike’s Exit 10.

Over the course of the past three years, NAIDB has expanded its presence with an emphasis on Northern and Central New Jersey. The firm’s seven counties of focus now include Morris, Essex, Union, Middlesex, Somerset, Mercer and Hunterdon.

To achieve this growth, NAIDB concentrates on specific property sectors while providing creative solutions to a diverse roster of clients, ranging from private businesses to institutional entities. It is this effective business strategy that allows NAIDB to pivot based on economic trends, allowing its brokerage team to collaborate internally and meet client needs in any given cycle, across any given asset type.

Since its inception in 2020, the NJBIZ Leaders in Real Estate, Construction, and Design Awards has been honoring companies and individuals that impact New Jersey’s real estate sector through brokerage services, development, design, construction and project management as well as other specialty areas. Nominations for the award were submitted through an open process and then evaluated by an independent panel of judges to determine the list of 2023 honorees.