Kyle Gerace, Associate Vice President
NAI DiLeo-Bram
Years with Firm: 4
Years in real estate industry: 5
CRE memberships/licenses: NAIOP-NJ; NJ Real Estate Salesperson
What is your most notable project, deal or transaction for 2023/2024?
Just a few weeks ago, as part of a team, I completed the sale of a 30,000 s/f industrial property in West Caldwell, NJ. In the transaction, which presented a great case-study learning model due to some multi-dimensional challenges, NAIDB represented a food-related occupier in the acquisition. The buyer, a global brand of gourmet pastries, coffee and tea that made its East Coast debut last summer, will use the property to service all of its newly established and planned retail-shop openings from the location. The property is in close proximity to key transport routes, including I-80 and 280; US 46; and NJ Route 23.
What were some of your early goals and did anything happen to change them (and how did you pivot)?
Early in my career, I set a lot of personal goals and standards for myself. After attending my first end-of-year firm awards presentation, I was driven to achieve “top performer” status within the first three years of being in the business. Luckily, with the help of my principals, COO and incredible support staff, I was able to accomplish this milestone. Because goals are always meant to change/be adapted as you get close to achieving them, I am continually revising mine as a means to remain actively engaged and motivated. It also allows me to continually strive for something more in my career.
What inspiring advice would you give to a young career starter graduating from college?
For anyone just launching their career, especially in the commercial real estate industry, I would tell them to stay curious and not be afraid to ask questions. You will never have all the answers regardless of how long you’ve been in the business. Also, finding the right mentor is key and makes all the difference in understanding this business. Make sure you find the right firm that makes YOUR development a priority.
Comments