MARCUS ASSOCIATES PROPERTY MANAGEMENT, INC ("MAPM") is a privately-held commercial real estate investment, ownership, syndication and property management company which invests in office, multi-family residential, industrial, flex and free-standing retail properties throughout the United States. MAPM is a third generation business operating out of Hackensack, NJ for the past 60 years. MAPM's roots are in the development & ownership of garden apartments in Bergen County, where it continues to own a sizable portion of its investment portfolio. In early 2000, MAPM began its out-of-state investment program; today it owns 25 net leased properties in states as far west as California and as far south as Alabama and Texas in addition to its NJ portfolio of properties. National tenants include Staples, Macys, PNC Financial, Sovereign Bank, Dollar Tree, Verizon Wireless, CVS, Rite-Aid among others.
MAPM identifies, performs all necessary due diligence, sources all necessary debt & equity and works with legal counsel to conclude all transactions. Both high net worth individuals as well as public companies co-invest along with MAPM. MAPM maintains a long term
perspective on its property portfolio, with multiple properties in the
portfolio held for more than 30 years. Consistent with that philosophy, MAPM seeks out lenders willing to commit to 15-25 year loan programs. Using this formula, MAPM has avoided the interest rate risk and re-financing risks faced by many other commercial owners in the current economic cycle.
HQ for Marcus Associates & affiliated companies 29,000 SF, 3 story, elevator- building 90 Main Street, Hackensack, NJ