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Awards will be Presented at the 34th Annual Gala on October 7 at The Palace at Somerset Park

NEW BRUNSWICK, N.J., April 9, 2021 – The New Jersey Chapter of NAIOP, the commercial real estate development association, has announced the recipients of its 2021 Commercial Real Estate Awards. The awards will be presented at the 34th  Annual Commercial Real Estate Awards Gala, which will be held on Thursday, October 7, 2021 at The Palace at Somerset Park in Somerset, N.J.

2021 Commercial Real Estate Awards Honorees

The Impact Award will be presented to Peter D. Sudler, chairman and CEO of Sudler Companies, and Gensler. Joshua Burd, editor of Real Estate NJ, will be honored with the Industry Service Award. Assemblywoman Eliana Pintor Marin will receive the Caren S. Franzini Public Partner Award, which recognizes champions of development that inspire and transform communities.

NAIOP NJ President Gus Milano, president and COO of Hartz Mountain Industries, said, “This year’s honorees are a remarkable group, each of whom has made tremendous contributions to the commercial real estate industry – and communities across New Jersey – in very different ways. We look forward to bringing our members together to celebrate them on October 7.”

NAIOP New Jersey’s Gala, which was held virtually last year due to the pandemic, traditionally has drawn over 800 commercial and industrial real estate professionals annually. The event will be held in accordance with COVID-19 restrictions in place at the time, and everyone is encouraged to be fully vaccinated before attending.

The members-only Gala ticket pre-sale is open now through June 18. Ticket sales will open to the public on June 21 unless the event is sold out. As of now, purchases will be limited to eight tickets. For sponsorship information and complete details, visit

2021 Deal of the Year Awards: Call for Entries

In addition to the Commercial Real Estate Awards, the Gala evening will include the presentation of the highly coveted Deal of the Year Awards. NAIOP NJ is now accepting entries for the awards competition, which must include a commercial real estate component and at least one principal partner who is a NAIOP NJ member in good standing.

Deals must have been substantially completed by December 31, 2020. The size of the deal is not as important as its creativity, complexity and impact on the community. The deadline for entries is May 5, 2021 at 5 p.m., and finalists will make presentations to the judges on June 4, 2021. All inquiries should be directed to Donna Laterza at 732-729-9900.


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