MOUNTAIN LAKES, N.J., April 13, 2016 – David J. Iacobucci has joined Vision Real Estate Partners in Mountain Lakes as senior vice president. A 25-year commercial real estate industry veteran, he is providing leadership to source new investment opportunities for the full-service real estate owner/operator; identify equity and debt; and oversee permitting, approvals and development of properties in the company’s existing project pipeline.
Vision Real Estate Partners, which specializes in value creation through development, property management, asset management and construction, currently is developing or redeveloping more than 2 million square feet of space in the New Jersey regional market. The company also has over 100 acres of land parcels available for mixed-use and build-to-suit opportunities.“David brings an established, successful track record of identifying and realizing value in a wide range of commercial real estate projects,” noted Vision Real Estate Partners’ Sam Morreale, founder and managing partner. “His well-rounded experience working in both institutional and entrepreneurial environments makes him a strong asset for our company at a time of significant growth.
Iacobucci through his career has taken on progressive responsibility for creating value through acquisitions, development, construction, leasing and dispositions of industrial, flex, and office properties. Most recently, he was managing director at a regional industrial development firm. Among his achievement there, he sourced and acquired a 437,000-square-foot warehouse, which was subsequently leased to a leading national e-commerce retailer within six weeks of closing on the property. He has held management roles with another full-service real estate firm, an institutional real estate investment banking firm and two major regional banks.
“I look forward to helping the team find and leverage opportunities that fit the company’s expansion strategy and core competencies,” said Iacobucci.
Vision Real Estate Partners is well known for identifying properties with great potential and transforming them into superior assets by working collaboratively with public and private stakeholders in the development process. The firm has established a scalable management, investment and development platform and is aggressively growing its portfolio – yet in a thoughtful manner.
David is a graduate of Tufts University, a licensed real estate salesperson and a member of NAIOP New Jersey.