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Leadership

Jaime M. Weiss & Matthew B. Weiss

Jaime M. Weiss began his real estate career as an Industrial Sales Trainee in 1967 at Cross & Brown Company in New York. By the time he left Cross & Brown to join the Edward S. Gordon Company (now CBRE) in 1978, Weiss had negotiated leases valued in excess of $150 million and consummated property sales valued at $210 million. Jaime Weiss’ career continued at the Edward S. Gordon Company from 1978 to 1980. He then first formed the Jaime M. Weiss Realty Company in East Rutherford, New Jersey in 1980 and, as principal, purchased 1600 Queen Anne Road, a 35,000 square foot, High-Tech Facility in Teaneck, New Jersey, which he subsequently leased to Sony Corporation of America. After joining Cushman & Wakefield in the early 1980’s, Weiss went on to become the leading producer in the Nation, negotiating in excess of $40 million in transactions for the firm in 1986. He then formed Newmark of New Jersey, Inc. And served as its President through 1993 when he merged that company into his new firm, Weiss Realty an independent brokerage specializing in Office and Industrial Leasing and Sales, Investment Properties, Development, Consulting and Property Management whose portfolio now approaches 1 million square feet of Office, Industrial and Retail space. The Weiss firm now maintains its offices in Moonachie, New Jersey and has affiliates in Boca Raton, Floida and Chicago Illinois.

During Jaime Weiss’ career, his Major Real Estate projects have included the acquisition of 70,000 square foot Colonial Village Professional Office Park and Shopping Center in Edison, New Jersey for which his firm is the Exclusive Leasing and Managing Agent. In addition to the redevelopment of the former Bridgestone / Firestone Tire Manufacturing Facility on 153 acres in Decatur Illinois, Jaime Weiss’ recent major ownership projects have included the former Vernor’s Ginger Ale 400,000 square foot Corporate Office and Manufacturing Facility in Detroit, Michigan, the 500,000 square foot Lorrel Industrial Complex in North Chicago, Illinois and the 120,000 square foot North and Sheffield Shopping Center in Lincoln . Among the brokerage transactions in which Weiss has been actively involved have been the sale of the 800,000 square foot Firestone Tire Distribution Center in Cranbury, New Jersey, a 500,000 square foot Lease for Firestone in Frazier, Pennsylvania and Sale of the 1,600,000 square foot Firestone in Frazier, Pennsylvania and Sale of the 1,600,000 square foot Firestone Tire Manufacturing Facility in Memphis Tennessee. Other formable industrial transactions include a 180,000 square foot Office / Distribution Center on behalf of Barney’s New York in Lyndhurst, New Jersey, a 140,000 square foot Distribution Center and 40,000 square foot Office Lease on behalf of Escada Inc. In Hasbrouck Heights, New Jersey and the Sale of the 1.1 million square foot Art Metal Manufacturing Facility in Newark, New Jersey for $17 million. The total aggregate value of these transactions exceeded $55 million.

During the span of his 50 year real estate career, Jaime Weiss has also represented numerous Commercial Office tenants including such outstanding companies as AMF in relocating its Headquarters from New York City to White Plains, New York, a 100,000 square foot transaction; Timex and Electrolux to Greenwich and Stamford, Connecticut respectively for 15,000 square feet and 20,000 square feet each; Benjamin Moore Paint Co. To Montvale, New Jersey, a 60,000 square foot Corporate Headquarters move; TRW Data Services, 30,000 square feet to Fairfield, New Jersey; Ideal Toy (CBS Toys), 100,000 square feet to Secaucus; 80,000 square foot lease for Horn & Hardart (now Hanover Direct) at Lincoln Harbor, Weehawken, New Jersey; the lease of 85,000 square feet to The Drug Enforcement Agency (DEA) at 1100 Raymond Boulevard, Newark, New Jersey and the Sale of the 5-story 96,000 square foot Empire Center II.

Matthew Weiss, who joined the firm in 2007 after graduating from Hofstra University with a degree in economics and art history, has also brokered numerous lease transactions. Most recently Matthew completed a 36,624 s/f lease transaction at 10 Exchange Place located on the Waterfront in Jersey City Weiss represented the tenant, Bayonne Medial Center in the lease commitment for the entire 15th floor. As the exclusive broker for Union Kennedy Associates Matthew recently closed over 40,000 SF of new medical office lease transactions at Kennedy Medical Center in Union City, NJ. Matthew also currently represents the Colonial Village Associates LLC as exclusive leasing agent for the 70,000 s/f Colonial Village Professional Office Park & Shopping Center in Edison, NJ.

“At Weiss Realty, we’re proud of the accomplishments we’ve achieved” says Jaime Weiss. “We look forward to continuing our successful brokerage and developing and managing our current portfolio and we have several significant transactions pending that we hope to announce soon.”

Acquisition Criteria

Locations

  • Strong urban markets in the East, Midwest, and Southeast
  • Central business districts in suburban New York, New Jersey and Connecticut
  • Rural America

Prime Areas of Interest

  • Midwestern region (Chicago and Central Illinois)
  • Northern New Jersey
  • New York
  • Connecticut
  • Eastern Pennsylvania

Additional Criteria

  • Corporate surplus property which may include machinery, equipment, and inventory
  • Sale/leasebacks
  • Current or pending vacancies or expiring tenancies
  • Below-market rents with leases expiring within 10 years

Size

  • 40,000 sf - 2 million sf (will consider larger for industrial complexes)

Property Description

  • 10 years or older
  • Redevelopment, repositioning, or expansion potential

Type

  • Industrial
  • Warehouse
  • Retail
  • Office

The Company We Keep