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Mountain Development forms asset management venture.


Mountain Development Corp. of West Paterson, New Jersey West Paterson is a borough in Passaic County, New Jersey, United States. As of the United States 2000 Census, the borough population was 10,987.

West Paterson was formed as a borough by an Act of the New Jersey Legislature on March 25, 1914, from portions of Little Falls
, and Warwick Associates of Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2006 Census Bureau estimates, the population of the city is 119,261, making it the fourth largest city in the state. , have formed a tristate joint venture company, Warwick Mountain Warwick Mountain is a mountain in Alberta, Canada.

It is located south of Warwick Creek in the Athabasca River Valley of Jasper National Park. It stands east of the Chaba Icefield and north of the Columbia Icefield, and has a prominence of  m ( ft).
 Realty Advisors, dedicated to asset and property management with a full range of real estate consulting services.

The announcement of the new venture was made by L. Robert Lieb, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Mountain Development Corp., and Bruce L. Warwick, chairman and CEO of Warwick Associates.

The two companies have a combined portfolio of 35 projects with over 3 million square feet throughout Connecticut, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and New Jersey.

Because of the in-depth experience of the principals and the variety of their respective networks, the new venture has already targeted 1 million square feet of new projects for their first year of operation. They have already added the 13,000 square foot Parsippany Place office building on Route 46 in Parsippany, New Jersey to their new venture.

Bruce Warwick has more than 30 years of experience in development financing, construction and leasing, including the award-winning 285,000-square-foot office complex, Metro Center in Stamford, and the 100,000-square-foot Georgia Pacific complex in Darien, Connecticut Darien is a town in Fairfield County, Connecticut, United States. It is one of the most affluent communities in the United States.

Two Metro North railroad stations serve Darien: Noroton Heights and Darien'''.
.

Bob Lieb founded Mountain Development Corp. in 1979, having formerly practiced law in the States of New York and New Jersey, during which time he co-founded the law firm of Lieb, Wolff & Samson (now Wolff & Samson). For the past 10 years, his company has developed and constructed office, retail and industrial projects in northern New Jersey and New York.

"The strength of our two companies", said Warwick and Lieb in a joint statement, "is in the merger of our personnel, Ron Macklin, President of Warwick Associates, who brings over 20 years experience in finance and property management, including 13 years with General Electric Credit Corporation; and the two Senior Vice Presidents of Mountain Development, Tom Kelly People named Tom Kelly include:
  • Tom Kelly (baseball) (born 1950), former manager of the American baseball team the Minnesota Twins.
  • Tom Kelly (basketball) (born 1924), played in 27 games for the Boston Celtics in the 1948-49 NBA season.
 on the leasing and marketing side, and Alan Moore on the property management and operations side. The diversity of our respective companies' portfolios is ideally balanced and suited to position us as a major player in the new market of asset and property management services to lending institutions, the Resolution Trust Corporation, and the institutional owners of commercial buildings that need the wide range of consulting services which our venture can offer.
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Building Management, Section II; Warwick Mountain Realty Advisors
Publication:Real Estate Weekly
Date:Mar 25, 1992
Words:374
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