JERSEY CITY, NJ—Less than a year after opening an office in Jersey City, New Jersey, Sabre Real Estate Group has acquired competitor Anderson Realty Services of Bayonne, NJ, catapulting it into the leadership ranks of retail real estate brokerage in the Garden State.

Sabre, based in Garden City, NY, in late June acquired Anderson, which has a team of four brokers led by 40-year industry veteran Lawrence Anderson. Terms were not disclosed. Anderson has joined Sabre as executive vice president.

“We're extremely excited about this acquisition. We've been working hard to expand our New Jersey business based on its similarities to Long Island where we dominate,” says Jayson Siano, managing principal of Sabre, noting that Anderson Realty has very strong retailer and landlord relationships and shares with Sabre the same micro knowledge of their respective markets.

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].