Commercial Real Estate Power 50 A-M.

Byline: NJBIZ STAFF

Jeff Babikian

As executive vice president of CBRE, Babikian has become one of the most active and respected brokers in the tri-state area. His consultative approach has led to long-term relationships and a career representing Fortune 500 corporations to nonprofit institutions, as well as emerging growth companies in all facets of the commercial real estate process, on a local and national level. He is consistently ranked as a top broker in the Saddle Brook office and has won numerous industry awards, including NAIOP's Transaction of the Year. Recent transactions of note include Mercedes-Benz USA and Daimler (multiple national assignments); Quest Diagnostics (multiple national assignments); and Siemens (multiple national assignments).

David Barry and Michael Barry

Dave and Michael Barry, brothers and co-owners of Ironstate Development Co., have received high praise from their competitors for their transformative thinking to neighborhoods including Hoboken and Jersey City. Ironstate has over $2 billion in its pipeline worldwide and is responsible for an extensive range of apartments, condominiums and retail and recreational spaces in key urban centers near mass transportation hubs. They are best known for delivering Harborside and the Residence Inn by Marriott in Jersey City; the W Hotel and Hoboken South Waterfront in Hoboken; and Element Harrison in Harrison. Michael is an active director on the board of trustees of the New Jersey Apartment Association, is a gubernatorial appointee to the state's Landlord-Tenant policy committee and is a long-standing member of the Urban Land Institute. David is currently chairman of the board of trustees for Liberty Science Center and a founding member of the board of Beat the Streets Wrestling.

Antonio M. Calcado

Calcado has been executive vice president for Strategic Planning and Operations and chief operating officer at Rutgers University since 2016. In a career spanning more than 30 years, he has held a number of leadership positions at Rutgers, including vice president of facilities and capital planning, and senior vice president of institutional planning and operations. Calcado's authority includes oversight of the university's capital construction program, leading institutional planning and strategic endeavors, and managing a $450 million operating budget. He is a leader in negotiating and structuring private-public partnerships generating over $300 million in returned equity through entrepreneurial partnerships with the development community as well as local, state, and federal authorities. He has leveraged assets both inside and outside the university in order to strengthen its ties to the financial markets positively impacting the university's balance sheet. Calcado is responsible for the stewardship of all of the university's physical assets, totaling over 29 million square feet valued in excess of $12 billion across New Jersey. Regarded as a national authority on deferred maintenance, some of Calcado's major accomplishments include establishment of the university's Physical Master Plan, which produced strategies for future growth that respond to the university's long-term goals; design and execution of Rutgers 2030, the university's first comprehensive physical master plan to incorporate Rutgers Biomedical and Health Sciences; implementation of $3.1 billion of capital construction, both active and realized; deployment of Integrated Work Management System, which sequences operations and optimizes productivity, threading together all of Rutgers' campuses as well as assets; implementation of new 911 security and Space Management Systems, and integration of advanced cross-state technology systems.

Tony Coscia

If the Gateway Project ever gets off the ground (and under the river), proponents estimate it will double rail transit capacity between New Jersey and New York. Tony Coscia, a partner at Windels Marx Lane & Mittendorf with a focus on corporate litigation and transactional law, was one of the Gateway Development Corp.'s trustees, established to oversee the project before the recent creation of the Gateway Development Commission, of which he is one of seven board members. "They are seasoned transportation, advocacy and government professionals who will be tremendously helpful in finally replacing a more than century-old system with 21st Century rail transportation linking New York and New Jersey," said Frank Sacr, the interim executive director of the development corporation in a statement in October. Coscia has been a power player in the region and the nation's transportation system since becoming chairman of Amtrak in 2013. He also chairs its audits and finance committee.

Pete Crovo and Mark Shearer

Both Crovo and Shearer have moved on from their time at Prologis where Crovo was senior vice president and Shearer vice president, but when Amazon was looking for industrial space, Prologis was at the top of their list for leasing distribution and logistics center space, and these two still maintain a significant portfolio in the area. Crovo is the chief investment officer for NFI Real Estate, which is a fully integrated real estate investment and operating platform that invests and operates across all parts of the supply chain throughout the U.S. Before NFI, Crovo specialized in core plus and value add investments and redevelopments working in markets on the East Coast and also ran NYC/NJ and Florida for Prologis. Shearer is senior vice president and regional development officer at Rockefeller Group International...