History

History

Peter J. Cocoziello founded Advance Realty in 1979 in Gladstone, New Jersey.

The company was launched with a small building in West Orange, NJ, and has grown rapidly ever since.

Peter quickly recognized that success depends on vision, creativity, adding value, and forging trusted, long-term relationships with the investment, broker, tenant, and local communities.

Over time, he navigated decades of fluctuating market cycles, through which Advance grew to service larger corporations on build-to-suit developments, including Eisai, G.H. Bass, Phillips Van Heusen, Allied Beverage, Atochem NA, FedEx, Bayer, United National Bank, and Chubb.

With growth came the evolution of a trusted, highly competent, agile in-house team of real estate experts who have become the pillars of our company and leaders in our industry.

Today, Advance owns, manages or has invested in a diversified, 15 million sf portfolio of properties across all asset classes throughout the Northeast Corridor. The company actively pursues real estate investments in commercial, residential, industrial, retail, mixed-use, and other projects that enhance value through development, repositioning and redevelopment.

Our strong capital base, fully integrated platform, outstanding talent, and flexibility as a privately held organization position Advance for continued growth for many decades to come.