How We Inspire

scroll

What do we do? When it comes to solving challenging development issues, we do not look to a third party, we look across the table to each other in collaboration.

We do acquisitions, engineering and permitting. We do construction management, commercial leasing, and property management. We even do legal. We do it all well — and we do it all together as one unified multifaceted team.

Improving, Progressing, Growing

Russo Development’s approach is always looking to learn from each project to better the next, relying heavily on our owner-operated nature to assure the properties we build look outstanding but also perform and function in an outstanding way.

Russo Development is always looking to expand its portfolio of premier real estate holdings, seeking optimal opportunities to better the cities and state we live in.

Where Challenges Meet Solutions

Russo Development carries out all endeavors using mindful solutions-based thinking, understanding market needs and demographics. We are committed to a full investment in our development areas and take all the necessary steps to achieve optimal outcomes for all parties.

ACQUISTIONS

We are focused on the redevelopment of land and buildings in supply constrained and evolving neighborhoods from the mid-Atlantic to the Northeast, where we can deploy our vertically integrated platform to transform complex assets into a higher and better use. We invest, plan and hold for the long term, leveraging our deep relationships in the community to focus on locations that prioritize resilience from acquisition to stabilization and monetization by the next generation.

Read More

Mixed-use Multi-Family: We develop mixed-use multi-family projects in urban and suburban settings that allow us to exercise our creativity to create authentic “live/work/play” neighborhoods that draw on access to transit while leveraging our ability to bring people together to create community. Our strength is creating reasonably priced modern apartments that exceed resident’s expectations for design, amenities and functionality.

Industrial: Industrial is the foundation of our success over our more than 50 years as we have leveraged northern New Jersey’s unique location proximate to major distribution centers to create modern logistics facilities to serve the growing manufacturing and e-commerce markets and their need for more functional, efficient and technologically advanced warehousing facilities. Our investment in industrial assets is focused on ground up development and redevelopment opportunities in markets with population density, a smart driven talent pool and easy access to major transportation nodes.

Mission Critical: Adjacency to the world’s most sophisticated and diverse financial center with more than 45 Fortune 500 companies makes our home market ideal to service mission critical uses, including data centers, data storage and emergency call centers. As landlord to some of the most successful financial services firms in the world, we prioritize investing in modern and conveniently located off-site facilities in proximity to major corporate hubs where we can provide companies convenient locations to manage their operational risk and maximize their resilience.

For additional information, kindly contact Michael Pembroke, Chief Operating Officer, at mpembroke@russodevelpment.com or 201.487.5657.

LEGAL

Russo maintains a strong in-house legal department of top legal professionals, working integrally and collaboratively in all aspects of Company business, governance, project development and management.

Read More

Recognizing that timely and knowledgeable legal guidance is essential to any successful development project, and the importance of maintaining consistent legal compliance in all aspects of Company business, Russo Development maintains a top AV-Rated in-house legal department that works directly with the Executive team and all Russo departments in all aspects of Company business.

Russo Development benefits directly from decades of private practice experience of its attorneys, paralegals and legal assistants, enabling the Russo Legal team to handle virtually all legal matters on behalf of the Company, including project analysis and due diligence, contracting and acquisition, financing, entitlements, and leasing. Russo Legal effectively represents the Company in all manner of complex legal proceedings including environmental compliance, complex corporate and commercial transactions, redevelopment and financial matters, land use, zoning, planning, and regular appearances before Local, Municipal and State bodies, agencies and authorities. Our attorneys also manage and provide legal oversight and direction to outside counsel and work collaboratively with counsel for our joint venture partners.

For additional information or direct tenant references, kindly contact Christopher Minks, Executive Vice President – Chief Legal Officer at cminks@russodevelpment.com or 201.487.5657.

ENGINEERING & PERMITTING

These are the critical foundations to any successful development. Russo Development begins the process by evaluating properties to determine their best and most efficient use.

READ MORE

Whether our in-house team of licensed engineers self-perform the work or oversee outside consultants, the same level of experience and dedication shine through in the final product. Our in-house design team also works hand-in-hand with our Construction Managers to foresee potential challenges before they arise and to ensure unforeseen field issues are quickly resolved with proactive solutions.

When designing built-to-suit facilities, our clients can rest assured their precise design needs will be met. Our top-notch team uses state-of-the-art CAD and modeling tools to bring customized design concepts to life. Well-versed in NJDEP permitting requirements, our team works to maximize a site’s development potential. The result is a highly efficient, environmentally responsible, land-use plan that meets the exact needs of our clients and enhances the community.

For additional information, kindly contact Doug Bartels, P.E. Executive Vice President- Engineering and Design at dbartels@russodevelopment.com or 201.487.5657.

BUILDING DESIGN & PLANNING

Russo Development employs a team of designers with a variety of in-depth architectural education and experience that has made quality, well-constructed buildings a hallmark of our brand for decades.

READ MORE

Our in-house designers and architects work closely with our architecture consultants, using our 3-D modeling capability to influence and drive the building design every step of the way. While the design is in-progress, our team performs ongoing quality control coordination with all outside consultants from structural and MEP engineers to interior and lighting designers. When new inspiration comes late in the process, our dedicated team readily adapts to seamlessly incorporate new ideas throughout any stage of the process.

Our experienced and highly knowledgeable team is constantly researching the newest architectural building and landscape design trends to remain ahead of the curve and bring the best living and working experience to our residents and tenants.

For additional information, kindly contact Diogo Santos, P.E., R.A., Senior Vice President- Development at dsantos@russodevelopment.com or 201.487.5657.

CONSTRUCTION MANAGEMENT

Russo Development has been engaging in the construction management of their projects for over 50 years.

READ MORE

In just the last ten years, the Russo construction management team has been responsible for direct oversight, buyout, and build of over 4,500 apartment units and 3.5 million square feet of commercial space. In that span of time, our dedication to building superior product has not wavered. The team’s expertise continues to grow as we continue to provide skilled (just pick a different word since expertise is already used) management for our future projects building upon the knowledge and insights we glean from previous work.

Our in-depth knowledge of construction, combined with the skills of our outside consultants allows us to effectively manage a wide range of developments including new construction, complicated redevelopment properties, and renovation projects. We are committed to maintaining stringent quality control for every aspect of our development projects.

For additional information, kindly contact Dominick Tucci, Executive Vice President – Head of Construction at dtucci@russodevelopment.com or 201.487.5657.

RESIDENTIAL PROPERTY MANAGEMENT & LEASING

Russo Property Management, “RPM,” was established in 2017 to provide the highest quality residential management services at all properties owned or under development by the Russo family and its partners.

READ MORE

The ownership and executive management team of RPM is the same as Russo Development, the construction and development entity which has serviced the family’s real estate portfolio since 1969.
RPM’s mandate is to provide best in class service by (i) creating operational efficiencies; (ii) implementing the highest maintenance standards in the market; (iii) controlling expenses: (iv) execute thoughtful and creative marketing/leasing initiatives.

RPM benefits from the economies of scale, local management strength, unmatched knowledge, and expertise that most larger management companies cannot replicate. With our corporate headquarters within twenty miles from our projects, RPM has the rare ability to provide a personal and dedicated approach to the management of our assets and act as an invaluable resource to our site staff.

RPM has the breadth of experience needed to oversee all marketing, leasing, and management functions from lease-up to stabilization and beyond.

To view a complete listing of our RPM-owned and managed communities, please visit VermellaNJ.com or download our brochure here.

COMMERCIAL LEASING & PROPERTY MANAGEMENT

Russo’s commercial properties are all managed and leased by Russo Development personnel. This provides our tenants a single point of contact for all their needs from the initial lease discussions, to the fit-out and occupancy of the space, and throughout their tenancy at the property.

READ MORE

Whether tenants have questions regarding an existing lease or expansion space, Russo Development walks them through the evaluation process. Our leasing and management team brings the highest level of service, commitment, and dependability to all our tenants.

Our unique position of having in-house legal, management, and construction teams has proven successful when navigating the complexities that could arise during commercial tenancies.

This is never better proven than in the long-term tenancies that we have enjoyed from companies like JP Morgan Chase, Coach Leather, Pantone and more.
For additional information or direct tenant references, kindly contact Adam Pasternack at apasternack@russodevelopment.com or 201.487.5657.

we inspire SUCCESS

Russo Development provides the highest quality of service and experience to the residents and property owners at every community we develop and manage. We strive to build and manage our properties in a first-class manner, serve our residents and tenants with meticulous attention to detail, and enhance the communities we reside in both aesthetically and economically.

Employing only the latest technology, proven development and management procedures and a dedication to a personal approach to financial management has led us to maximize real estate asset value at each award-winning property we build and manage.

AWARDS