Marcus Partners, a real estate investment, management and development firm, announced today that Alex Schaefer has joined the firm as Managing Director, Investments, and is responsible for leading acquisitions across the Metro New York market. He will work closely with Bill McAvoy, Principal, Investments who currently leads acquisitions for the region.

Marcus Partners today announced that it has executed more than 236,000 square feet of new leasing activity across its Metro Boston logistics portfolio, reflecting the ongoing demand for highly functional, metro-centric industrial space.

Marcus Partners recently secured a site at 35 South Jefferson Road in Whippany, NJ and launched construction to tear down the existing office space and develop a 72k SF Class A logistics facility. The project is expected to deliver in Q3 2026 and extends the firm’s demonstrated capability to identify change-of-use opportunities and develop highly functional in-demand industrial facilities.

Marcus Partners is pleased to announce that it has joined with Sterling Properties and Danbro Properties in closing on Blue Hill at Watchung, a 230-unit luxury multifamily community now under construction. The project, which was entitled by Sterling and Danbro, is set on 41.8 acres in Watchung, NJ, and marks a significant addition to the region’s multifamily stock. The first units are scheduled for delivery by the end of December 2026.