PARSIPPANY, NJ-Continuing a push for strategic growth in the Northeast, Transwestern announced the hiring of three experienced executives who join New Jersey principal James Postell at the firm’s newly opened offices here at 300 Kimball Dr.

Matt McDonough makes the move from CBRE to become Transwestern’s new managing director. Rick Rizzuto, the company’s new vice-president, and James Byron, the new senior associate, were both previously with Cushman & Wakefield in New Jersey.

Transwestern, a privately-held company that specializes in commercial real estate services, investment and development, began forging a Northeast regional presence last year when it opened offices in Manhattan and Greenwich, CT. The expansion into New Jersey brought the number of Transwestern offices across the country to a new high of 31.

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