Congratulations to Tom Cervenka, Sasha Bigda Cervenka and the entire Cervenka Development Partners team on sale this incredible project in Denville, NJ! Murphy Schiller & Wilkes LLP (MSW) is proud to have helped navigate Cervenka Development Partners through the initial acquisition, redevelopment designation and plan adoption, land use approvals before the municipal planning board, resolution compliance, the negotiation of two joint venture agreements, and the sale of the property. The MSW team included Kellen Murphy, Chris Murphy, Lisa Lomelo, Esq. LEED AP, Jessica R. Brenner, Esq., L.L.M., Stephanie McLeish, and Diana Dziedzic. #realestate #development #industrialdevelopment #landuse #zoning #crefinance #transactions #attorneys #msw #nothinglessthanexceptional
Cervenka Development Partners is proud to announce the next phase of our Denville NJ project. Today, we successfully sold our parcel to a new partner, Zippy Shell Incorporated / 1-800-PACK-RAT, and closed out with our initial equity partner, Monocle Group. A friend once said "Real Estate is Hard". That couldn't be truer and that's why we assembled a best-in-class team to pull this off. Our gratitude list is long and everyone involved in this endeavor deserves recognition. To our partners at Monocle Group, Eric Benitez, Michael DiFede and Rene Benitez: Your trust in us will never be forgotten. Your team, including Aaron Jan Cayanan, Tyler Hansen and Anita Jalan, were wonderful throughout. To our friends at JLL, Marc Duval, Jason Lundy, Jordan Avanzato, Matthew Pizzolato, John Cumming: Your effort in securing equity TWICE for a 1st time sponsor was truly herculean. We promise you our next deal will be much easier. To our Counsel at Murphy Schiller & Wilkes LLP, Kellen Murphy, Chris Murphy, Lisa Lomelo, Esq. LEED AP, Jessica Brenner, Diana Dziedzic: We are so grateful for the "conflict" that led us to you. You masterfully navigated us through an acquisition, redevelopment agreement, entitlement, resolution compliance, two joint ventures and finally a sale. We're glad you'll be helping us throughout the US on all our future projects. To our Civil Engineering team at Colliers Engineering & Design, Jeffrey Allen, LLA, RLA, John Pinto, EIT, Richard Procanik, Maurice Rached, Michelle Briehof, P.E. and Karen Unglaug: We tasked you with maximizing our building area while dealing with major obstacles on all fronts. You rose to the challenge every time and delivered. To our design-build construction partner, PREMIER Design + Build Group, Alec Zocher, Michael Pacini, Aidan Fahrenkrog, Quinn Ryan, and Antonia Laurean : You were with us every step of the way, saving us hundreds of thousands of dollars by working with our civil engineers on all the design work. This was all done with the belief that we'd find a way to finance the project. Now we're off and running. To our new partners at Zippy Shell Incorporated / 1-800-PACK-RAT, John Conley, Jay Stewart, Mark Kuhns and Mark Linville: We look forward to delivering your next Class A facility for your rapidly expanding business. To my life partner, Sasha Bigda Cervenka: Couldn't have done this without your unwavering support. You are drinking from a fire hose in this endeavor and you always amaze me with your ability to learn and adapt. Our sincere gratitude goes out to each and every one of you.