MOONACHIE, N.J. – During the past 50 years, Fort Lee businessman Jaime Weiss has arranged land sales, sold investment properties, sold and leased office, industrial and retail space, and has been the broker for some of the most significant transactions in New Jersey and nationwide.
Weiss Realty in Moonachie has leased or sold more than 20 million square feet with a total aggregate value exceeding $1 billion. Currently, the firm’s management abilities account for more than 1 million square feet.
“We have been extremely fortunate and proud to make so many significant transactions and continue to service our clients in the same manner today as we have since the company was formed,” said Weiss,company president.
Weiss began his real estate career in 1967 as an industrial sales trainee at New York’s Cross & Brown Company while attending night school at Baruch College. He was recruited personally by Cross & Brown executive president Robert Waldron, who became his mentor. After working up to vice president, he continued to make his mark in real estate at Edward S. Gordon Company (now CBRE) and Cushman & Wakefield, where he became the leading industrial broker in the nation in 1986.
Afterward, he established the first New Jersey office of Newmark & Company. The family-owned brokerage firm, now based in Moonachie, is managed with his son, Matthew.
“Weiss Realty is a company that is predicated on core principals established by my father early on his real estate career. These core principals continue to drive this company’s success today,” Matthew Weiss said.
Weiss Realty was responsible for one of the most notable residential investment sales in 2012. The deal was awarded Mid-Atlantic Real Estate’s “Best of 2012” for brokering the largest multi-family sales transaction of the year with the sale of the 338-unit Skyline and Boulevard apartment complexes in Hasbrouck Heights to Kushner Companies for $57.5 million.
“We are always thinking entrepreneurially, which has helped us achieve great success both for our clients and for our company through the many real estate cycles we have endured and prospered though. 50 years is just the beginning here at Weiss Realty,” Weiss said.