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NAI James E. Hanson Acquires Garibaldi Group, NAI Summit
Parsippany-based NAI James E. Hanson has expanded its regional footprint and expertise through the acquisition of The Garibaldi Group (TGG), a full-service CRE company with more than 100 years of experience, and NAI Summit, which serves eastern Pennsylvania.
William C. Hanson, SIOR, president of NAI James E. Hanson, will now serve as president of the three companies. TGG will relocate its offices from Chatham to NAI James E. Hanson’s Parsippany office at 10 Lanidex Plaza West. NAI Summit will continue to operate under its name and out of its office at 1620 Pond Road in Allentown, PA. The firms will now total more than 100 team members and more than 10 million square feet of properties under management.
“Our acquisition of The Garibaldi Group and NAI Summit will strengthen our geographic reach across New Jersey and Pennsylvania, deepen our presence and reinforce our expertise in important asset classes,” said Hanson.