"This merger represents an important milestone in the 55-year history of our firm," says Ken Baris, Jordan Baris' president. "When National Redevelopment came on the scene some 10 years ago, I was instantly impressed with the creativity and tenacity the company showed. [The new company wants] to build on what they've done and develop a growing and vibrant team by combining the strengths of Jordan Baris and National Redevelopment. Both…have participated in some of the most noted transactions in Newark and we expect that trend to increase."

The newly formed division will combine Baris' team of more than 200 with National's near 20 member staff. According to the company, no layoffs are planned.

"This merger represents a unique opportunity to better service the emerging commercial market of Newark and grow our scope beyond our current market area," says National's Williams. "During our discussions I was impressed when exposed to the cutting-edge technology that Baris' organization is equipped with and the experience they offer their clients. Their extensive network will now permit our division to provide a new level of service to our clients."