Who We Are
Gary Lowe has been engaged in commercial, industrial and investment real estate for over thirty years. Prior to the formation of LPJ Commercial in 2009, he worked for seven years at the Red Bank, New Jersey real estate brokerage and development firm, Bollerman Real Estate Services as Vice President. Gary also co-managed Weichert Commercial Realtors’ Tinton Falls, New Jersey office as Vice President. His responsibilities were to keep the brokers focused on specific assignments; function as rental manager for exclusive agencies; handle lease negotiations on exclusive listings; conduct high level prospecting; perform financial analysis; oversee exclusive agency advertising budgets and marketing programs. Gary also assisted Real Estate Advisory Companies in the valuation, leasing, receivership, property management, and disposition of foreclosed assets that have been purchased from lenders via loan pools. During his tenure at Weichert Gary completed in excess of $50 million of investment, commercial and industrial transactions.
Prior to joining Weichert , Gary was employed for fifteen years as Vice President and Regional Manager at the Cross & Brown Company, a Metropolitan Life affiliate. There, he was responsible for developing and managing a five county territory along with supervising sales personnel. He completed in excess of $33,240,000 of investment, building and land sales, including the investment sales of 510 Thornall Street, Metro Park, Edison, New Jersey a 66,000 sq. ft. multi-tenant office building purchased by Metropolitan Life Insurance for $11.5 million and Raritan Plaza II, Raritan Center, Edison, New Jersey an 83,000 sq. ft. multi-tenant office building purchased by the New Jersey Carpenters Pension Funds for $9.1 million. He was also directly responsible for leasing approximately 850,000 square feet of office space, as well as the sale of 50 acres located on Highway 66, Neptune, New Jersey to Commercial Realty & Resources Corp. On that site Commercial Realty developed the 150,000 square foot former USLIFE Headquarters, now AIG.
Gary is skilled in investment real estate sales as well as office and industrial leasing and sales. He maintains relations with institutional and non-institutional real estate investment companies; fostering and developing relations with large and small public and private corporations. He is experienced in contract and lease negotiations, as well as in depth financial analysis.
Mary Beth Priestley (Retired)
Prior to the formation of LPJ Commercial in 2009, Mary Beth Priestley was Vice President and Manager of the Brokerage Division at Bollerman Real Estate Services located in Red Bank, New Jersey. Mary Beth has over 27 years of commercial real estate experience in the Monmouth and Ocean County markets. While at Bollerman, she has been responsible for leasing West Ridge Corporate Campus located at One Industrial Way, Eatontown. West Ridge consists of 115,000 square feet of office and industrial buildings. She successfully completed in excess of 18 leases on that project bringing the occupancy rate up from 44% to 95%.
Mary Beth was formally associated with Weichert Commercial, Realtors as manager for seven years of the Tinton Falls Commercial Office. She was the exclusive agent for a 122,000 square foot office building located at 106 Apple Street, Tinton Falls, New Jersey. She successfully completed 16 leases bringing the building to 95% occupancy and sold the building for $9,300,000.00 to another investment group. Also, she represented Brookdale Community College with leasing 42,000 square feet of classroom space in Freehold, New Jersey.
Prior to joining Weichert Commercial, Realtors Mary Beth was with the Princeton office of Jackson-Cross Company where she represented SI Princeton, Inc. (Siemens Corp.) as exclusive agent for 500 College Road, Princeton, Forrestal Center, Princeton, New Jersey (151,000 square feet). There, she successfully negotiated a 77,000 square foot Bristol Myer Squibb lease extension and Chemical Bank’s 19,000 square foot sub-lease.
Also while at Jackson-Cross, Mary Beth represented Provident Mutual Life Insurance Company as exclusive agent for 198 Route 9, Manalapan, New Jersey (40,000 square feet) office building, and successfully stabilized the tenancies while Jackson-Cross acted as a Court appointed Receiver for the property. She also was engaged in marketing and leasing the vacant space, tenant relations, obtaining contractor bids and coordinating tenant work, conducting financial analysis, pro forma projections and competing building market analysis for this project.
Prior to Jackson-Cross Company, Mary Beth was employed for eight years with the Cross & Brown Company, a Metropolitan Life affiliate. There, she specialized in corporate office, industrial, retail leasing and sales in Monmouth and Ocean Counties. While at Cross & Brown, she successfully completed exclusive leasing and sales transactions totaling in excess of 350,000 square feet.
Prior to the formation of LPJ Commercial in 2009, Philip Janda held the position of Assistant Vice President at Bollerman Real Estate Services for five years. Phil specializes in selling and leasing office and industrial properties in Monmouth Middlesex and Ocean Counties. Phil also has extensive experience in sale & lease negotiations; financial analysis; and developing and implementing marketing programs for exclusive listings. Phil also assists real estate recovery companies in the valuation and sale of foreclosed real estate assets.
Prior to joining Bollerman, Phil was engaged for five years as a sales representative with Weichert Commercial Realtors in Tinton Falls, New Jersey branch office. He was responsible for the marketing, sale and leasing of exclusive listings. He completed in excess of $20,000,000 investment and building sales, including the sale of seven Fleet Bank Branches throughout Monmouth County. Prior to joining Weichert, Phil owned and operated Janda Construction Company specializing in residential and commercial building projects.
Phil is skilled in marketing, selling and leasing industrial and office building as well as marketing and selling investment properties. He is experienced in contract and lease negotiations, as well as in depth financial analysis.