"This merger represents an important milestone in the 55-yearhistory of our firm," says Ken Baris, Jordan Baris' president."When National Redevelopment came on the scene some 10 years ago, Iwas instantly impressed with the creativity and tenacity thecompany showed. [The new company wants] to build on what they'vedone and develop a growing and vibrant team by combining thestrengths of Jordan Baris and National Redevelopment. Both…haveparticipated in some of the most noted transactions in Newark andwe expect that trend to increase."

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The newly formed division will combine Baris' team of more than200 with National's near 20 member staff. According to the company,no layoffs are planned.

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"This merger represents a unique opportunity to better servicethe emerging commercial market of Newark and grow our scope beyondour current market area," says National's Williams. "During ourdiscussions I was impressed when exposed to the cutting-edgetechnology that Baris' organization is equipped with and theexperience they offer their clients. Their extensive network willnow permit our division to provide a new level of service to ourclients."

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