Adam Pasternack joined Russo Development in late 2009 and is responsible for the property management and leasing activities of the company's three million square feet of existing properties and new commercial and residential development sites in the NY Metro area. Adam has over 15 years of real estate management, leasing, sales and investment analysis experience.
Adam’s property management responsibilities include tenant relations, building condition inspections, negotiation of vendor contracts/services and management of tenant improvement projects. Finally, Adam maintains and initiates Russo Development’s environmental sustainability goals across the portfolio and development projects.
Mr. Pasternack came to us from First Industrial Realty Trust where he was a Senior Investment Analyst in their Net Lease Investment group. Prior to joining First Industrial, Adam garnered extensive experience in the New Jersey commercial real estate market as a leasing and sales broker for CB Richard Ellis and Colliers Houston & Co. His expertise included lease negotiation, financial analysis, and the acquisition and disposition of space on behalf of landlords and tenants, with nearly 3.5 million square feet of leasing and sales transactions behind him.
Mr. Pasternack is a graduate of the University of Maryland, College Park. He has pursued additional graduate studies in Real Estate at New York University and Monmouth University. Adam currently sits on the Executive Committees of NAIOP (National Association of Industrial and Office Properties) and IOREBA (Industrial and Office Real Estate Brokers Association).
Adam is active in community programs including coaching youth baseball and basketball for the Wayne Police Athletic League and Boys & Girls Club of North New Jersey, and working with Habitat for Humanity in Newark, NJ.