JERSEY CITY, NJ—Less than a year after opening an office in Jersey City, New Jersey, Sabre Real Estate Group has acquired competitor Anderson Realty Services of Bayonne, NJ, catapulting it into the leadership ranks of retail real estate brokerage in the Garden State.
Sabre, based in Garden City, NY, in late June acquired Anderson, which has a team of four brokers led by 40-year industry veteran Lawrence Anderson. Terms were not disclosed. Anderson has joined Sabre as executive vice president.
“We're extremely excited about this acquisition. We've been working hard to expand our New Jersey business based on its similarities to Long Island where we dominate,” says Jayson Siano, managing principal of Sabre, noting that Anderson Realty has very strong retailer and landlord relationships and shares with Sabre the same micro knowledge of their respective markets.
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