Winick Realty Group, which opened its first New Jersey office in 2012, announced the launch of a new investment sales division in the Garden State. The new division, to be based out of the company’s Cranford, N.J., office, will focus on a variety of areas — net-leased investment-grade properties and shopping centers among them.
The firm has hired Urszula Zoltek, who formerly worked in Marcus & Millichap’s New Jersey office, to head the new department.
“The investment sales market is red hot right now, with a substantial amount of business that reaches prerecession levels,” Tyler Bennett, a senior vice president and founding partner of the office, said in a release.
“We believe it is the right time to launch an investment sales division to meet this demand.”
Winick nabbed deals to lease retail space in three New Jersey locations within months of the Cranford office launch. The firm also recently expanded to Long Island, opening a division headed by former CBRE Vice President Noel Caban. –Julie Strickland