Richard Galuppo
Scope of Experience
Rich has provided Landlord/Seller and Tenant/Buyer Representation services to corporate and private clientele in the Central New Jersey marketplace since 1985. Over the course of his career Rich has completed over 300 assignments and consulted for Hercules Corp and The Institute of Electronic and Electrical Engineers.
Educational Background and Experience
- A.A. – Burlington College, Burlington, NJ
- New Jersey Army National Guard – 1969 to 1975
- NAI Eric Bram and Company – Vice President and NAI Business Manager 1984 – 2008
- NAI DiLeo-Bram – Senior Vice President 2009 to present
Professional Affiliations and Designations
- Licensed real estate broker in the State of New Jersey
- Active member of the New Jersey Chapter of Industrial and Office Real Estate Brokers Association (IOREBA)
Significant Transactions
- Freeway Warehouse – 750,000 SF, multiple industrial acquisitions
- Wells Fargo Bank – Multiple building disposition assignments
- Heyco Manufacturing – 240,000 SF multiple building dispositions
- E.G.&G. Dynatrend, U.S. Customs Division – 220,000 SF Regional Headquarters
- Bridgestone U.S.A. – 210,000 SF Distribution Center disposition
- Huntingdon Life Sciences – 175,000 SF Lab disposition
- TL Management – 150,000 SF Investment Acquisition
- Rokeach Inc. – 110,000 SF Industrial disposition
- Georgia Pacific Harmon – 97,000 SF Industrial acquisition
- MS International, Inc. – 80,000 SF Industrial acquisition
- Metuchen Sportsplex – 75,000 SF Recreational facility
- T.A.E.S. Charter School – 70,000 SF Lease
- Precision Elevator Company – 74,000 SF Industrial acquisition
- PharmaScript – 50,000 SF Headquarters Office Lease
- Diebold Corporation – 45,000 SF Regional Headquarters
- Chik-Fil-A – 25,000 SF Retail Acquisition
- Royal Sound – 20,000 SF Office space for U.S. Headquarters
- Air Products & Chemicals Corporation – 10 acre land disposition
- Widewaters/New Castle – multiple land acquisitions for hotel sites
- Wegmans Food Markets Inc., – 2.5-acre pad-site lease, West Windsor, NJ
- Somerset Valley Bank – 2 acre pad site lease
Case Study
Owner Representation Assignment – 700 Middlesex Avenue, Metuchen, NJ
Client: Joint Venture between Recycland and Landbank companies
Project: Marketing 19 acre suburban brownfield redevelopment site formerly occupied by Oakite Corporation
The property was marketed for Sale and Design-Build-Lease on behalf of developers Landbank and Recycland. Numerous public and private challenges including the evolving goals of the city and the ownership were overcome during the course of the marketing effort. Ultimately five acres were transferred to the City for development of athletic fields. The County acquired 2 acres for the trailhead location of the Middlesex County portion of the East Coast Greenway. A long term Pad Site lease was completed with Somerset Valley Bank. A design-build-lease transaction was consummated with the Metuchen Sports Group for 70,000 square feet of fully renovated recreational under a 20 year lease. Five acres remain for future development pending the still evolving goals of the municipality. The Site originally housed 250,000 square feet of functionally obsolete manufacturing structures, all of which were contemplated for re-use. The project stands today as a textbook example of adaptive re-use; and provides a long term stream of income to the clients.
