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2024 Annual Meeting Includes Election of Officers

SHORT HILLS, N.J. (Feb. 1, 2024) – Hundreds of commercial real estate professionals came together to gain insight from leading experts on how global, regional and local economic trends are impacting the industry – and their businesses – as NAIOP New Jersey hosted its 2024 Annual Meeting and Commercial Real Estate Outlook. The sold-out event was held on January 25th at the Hilton Short Hills.  

The program included a presentation by Richard Barkham, CBRE’s global chief economist, head of Global Research and head of Americas Research, who described the current global, regional and local economic climate. JLL Vice Chairman Robert Kossar also moderated a panel discussion of the challenges and opportunities the current economy presents for the state’s CRE industry. Participating in the conversation were Morris A. Davis, Rutgers Center for Real Estate; Will Irving, Edward J. Bloustein School of Planning and Public Policy; and Otteau Group’s Jeffrey G. Otteau.  

NAIOP NJ CEO Dan Kennedy noted, “This was an impactful program and impressive lineup of professionals to kick off the year. Our expert panelists are aligned in the opinion that we have entered 2024 with some clear headwinds and new challenges not only here in New Jersey but throughout the country. However, in every challenge there is opportunity, and there are a number of positive indications that the landing will be on the softer side.” 

The commercial real estate development association also elected its 2024 officers and trustees, welcoming new Board of Trustees members Carolina Gutierrez, Alfred Sanzari Enterprises; Jorge Santos, New Jersey Economic Development Authority; Doug Twyman, Colliers International; Matt Cambell, J.G. Petrucci Company, Inc.; and Sarah Rutherford, Prologis. Chapter leadership expressed appreciation for the valuable contributions of departing trustees Jerry Barta, Alfred Sanzari Enterprises; Tim Sullivan, New Jersey Economic Development Authority; Dennis Waggner, Colliers International; and Michael Schwertfeger, J.G. Petrucci Company, Inc.  

PHOTO CAPTION: Pictured L-R are Dan Kennedy, Richard Barkham, Morris A. Davis, Will Irving and Jeffrey G. Otteau. 

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