David Iacobucci, senior investment manager, Bergman Real Estate Group

ISELIN, NJ—David Iacobucci has joined Bergman Real Estate Group as senior investment manager, based in the firm's Iselin, NJ, office. In this role he will be responsible for asset management of the firm's Northern New Jersey office properties and for sourcing new capital to grow the company's investment and management portfolio.

“David is a well-respected industry veteran with a broad background in acquiring, capitalizing and managing investments in value-added commercial property in the New Jersey market, and he will be a significant addition to our team as we continue to thoughtfully grow our portfolio and maximize value for our investors,” says Michael Bergman, president of Bergman Real Estate Group.

“Bergman Real Estate Group's thoughtful and measured approach to value-driven acquisitions over nearly three decades, in multiple market cycles has resulted in its becoming a regional leader in office investment,” says Iacobucci. “The firm is well-positioned for continued growth, and I look forward to working with the team to manage their platform and to capitalize on emerging opportunities in the Northern New Jersey market.”

A 25-year veteran of the commercial real estate industry, Iacobucci has focused throughout his career on value-add opportunities in office and industrial property. His experience includes asset management, acquisitions, dispositions and development. Iacobucci has recently held leadership positions at a regional office investment and development company as well as a regional big box industrial owner/developer, where he was responsible for sourcing new investments and for overseeing development, construction, leasing and management of a portfolio of distribution warehouses.

Iacobucci's prior experience includes nearly 10 years at Baker Properties as division manager of the company's Mid-Atlantic Region, where he led the acquisition, development, leasing and disposition of over four million square feet of industrial property. Before that, Iacobucci oversaw the successful re-positioning and sale of an opportunistic office portfolio and was responsible for the acquisition, development and leasing of several new build-to-suit and speculative office properties for a regional full service real estate company. His institutional experience includes managing a large portfolio of distressed debt and real estate for a Goldman Sachs affiliate and credit training at a regional commercial bank in its workout and distressed debt group.

Iacobucci is a graduate of Tufts University, a licensed real estate salesperson and a member of the New Jersey Chapter of NAIOP.

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Iacobucci Joins Bergman Real Estate Group as Senior Investment Manager

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