Trio Bands to Garner New Investments

RIDGEWOOD, NJ-Jeffrey and Steven Greenberg, principals of Heritage Management Co., have teamed up with veteran real estate executive Robert Martie to form Heritage Capital Group LLC, GlobeSt.com has learned. The top priority for the new venture will be to acquire office, flex, industrial and retail properties east of the Mississippi River, the partners say.

“Heritage Capital Group has launched from a great platform – the Greenbergs’ substantial portfolio, our complimentary and diversified skill sets and a common vision,” says Martie, who has served in executive-level positions for such notable real estate companies as Advance Realty Group, the Gale Co. and Bellemead Development Corp. over a 30-year career. “This formula promises a successful partnership,” Martie tells GlobeSt.com.

The new Heritage Capital Group will operate as the investment arm of a larger real estate organization that also includes Heritage Management Co., a private, family-owned real estate firm based here, the partners tell GlobeSt.com. Heritage Management Co. currently owns and manages about five million sf of commercial properties in the Northeast, and will manage any and all of the properties that will be acquired by the new entity.