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NAI Hanson Acquires Schilp & Co.

PARSIPPANY, NJ-The New Jersey-based realtor covers mainly northern and western New Jersey, as well as eastern Pennsylvania including the Lehigh Valley.

By Alyson Grala | Updated on May 06, 2009

PARSIPPANY, NJ-NAI James E. Hanson has acquired Schilp & Co. Realtors, a regional real estate brokerage firm that is currently located in Morris County. The three brokers joining NAI Hanson–senior vice president John J. Schilp, vice president Sig Schorr and Joseph F. Vindigni–will now be working out of its Parsippany office.

“In today’s economic climate, there are few companies that are in a position to be able to grow and expand their services through acquisitions and mergers, simply because there is too much risk and not enough capital to get those types of deals done right now,” says William Hanson, SIOR and president of NAI James E. Hanson. However, he tells GlobeSt.com, “we view this time as a prime opportunity to make such a bold move in order to further enhance our strength in the marketplace that we service with the diversified professional personnel and depth of services we can offer our customers and clients.”

Hanson also adds that the decision to acquire Schilp & Co. took some time, but ultimately the firm fully complements NAI’s current activities. “We knew they were a well-established regional real estate brokerage firm with a stellar reputation for their knowledge and experience in land sales, development projects and investments. Two of our senior brokers, Tom Ryan and Lee Eagles, have a close working and personal relationship with them, which precipitated our initial introduction,” he says.

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